BBB Wise Giving Report for
Project HOPE - The People-to-People Health Foundation

BBB Wise Giving Report issued January 2009
BBB Wise Giving Report expires January 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Project HOPE - The People-to-People Health Foundation
Address: 255 Carter Hall Lane
  Millwood, VA 22646
Phone: 540-837-2100
800-544-4673
Web Address: www.projecthope.org
Back To Top

BBB Wise Giving Alliance Comments

Year, State Incorporated: 1958, District of Columbia
Affiliates: None
Stated Purpose: "to provide lasting solutions to global health problems, by training health care workers and providing humanitarian assistance."

Back To Top

Evaluation Conclusions

               

Project HOPE - The People-to-People Health Foundation (Project HOPE) meets the 20 Standards for Charity Accountability.
Back To Top

Programs

               

Project HOPE works to achieve sustainable advances in health care around the world by implementing health education programs, conducting health policy research, and providing humanitarian assistance in areas of need. Project HOPE focuses on providing sustainable improvements in health through education and humanitarian assistance in the following six areas: infectious diseases (including HIV/AIDS and tuberculosis), women's and children's health (including Village Health Banks), health professional education, health systems and facilities, humanitarian assistance, and the publishing of the journal "Health Affairs." Project HOPE conducts its programs on five continents, including North America.

For the fiscal year ended June 30, 2008, Project HOPE's program expenses were:

  
Health education and assistance 154,078,000
Health policy 5,354,000
Total Program Expenses: $159,432,000
Back To Top

Governance

               

Chief Executive : John P. Howe, III, M.D., President and CEO
Compensation*:
 $612,158

Chair of the Board: Charles A. Sanders, M.D.
Chair's Profession / Business Affiliation: Retired Chairman and CEO Glaxo, Inc.

Board Size: 27

Paid Staff Size: 557

*July 1, 2007 - June 30, 2008 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, print advertisements, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 4% of related contributions. (Related contributions, which totaled $172,301,000, are donations received as a result of fund raising activities.)
Back To Top

Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

               

The following information is based on Project HOPE's audited financial statements for the fiscal year ended June 30, 2008.

Source of Funds  
Corporate gifts-in-kind 119,750,000
Foundations and corporations 17,287,000
Individual giving 14,585,000
Government grants 9,667,000
Foreign government 7,000,000
Special events (net) 4,012,000
Subscription revenue 1,719,000
Total Income $174,020,000


chart



Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 4%  Administrative: 3% 

Total income   $174,020,000
  Program expenses $159,432,000
  Fund raising expenses 7,691,000
  Administrative expenses 4,688,000
 
Total expenses   $171,811,000
Income in Excess of Expenses   2,209,000
Beginning net assets   51,591,000
Other Changes in Net Assets 1,117,000
Ending net assets   54,917,000
Total liabilities   12,018,000
Total assets   $66,935,000

Note 1: Other Changes in Net Assets in the financial section above, refers to Project HOPE's net investment loss (-$770,000) and pension related changes other than net periodic pension costs ($1,887,000).
Note 2: Project HOPE's financial statements for the year ended June 30, 2008 report gifts of in-kind income of $130,580,000. This amount consists of medical equipment and pharmaceuticals ($128,570,000), donated services ($1,345,000), donated freight ($384,000), donated use of facilities ($211,000), and other ($70,000).

Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity