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

BBB Wise Giving Report issued April 2011
BBB Wise Giving Report expires April 2013


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


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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
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1958, District of Columbia
Affiliates: None
Stated Purpose: "to achieve sustainable advances in healthcare around the world by implementing health education programs and providing humanitarian assistance in areas of need."

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Evaluation Conclusions

               

Project HOPE - The People-to-People Health Foundation (Project HOPE) meets the 20 Standards for Charity Accountability.
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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, 2010, Project HOPE's program expenses were:

  
Health education and assistance 166,022,000
Health policy 7,306,000
Total Program Expenses: $173,328,000
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Governance

               

Chief Executive : John P. Howe III, M.D., President and CEO
Compensation*:
 $626,999

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

Board Size: 28

Paid Staff Size: 509

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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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 3% of related contributions. (Related contributions, which totaled $193,029,000, are donations received as a result of fund raising activities.)
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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.
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Financial

               

The following information is based on Project HOPE's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds  
Corporate gifts-in-kind 156,853,000
Foundations and corporations 13,747,000
Individual giving 13,111,000
Government grants 6,217,000
Special events and other 3,101,000
Subscription revenue 1,774,000
Net investment gains 1,495,000
Total Income $196,298,000


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 4%  Administrative: 2% 

Total income   $196,298,000
  Program expenses $173,328,000
  Fund raising expenses 6,682,000
  Administrative expenses 3,994,000
 
Total expenses   $184,004,000
Income in Excess of Expenses   12,294,000
Beginning net assets   29,765,000
Other Changes in Net Assets 2,221,000
Ending net assets   44,280,000
Total liabilities   18,383,000
Total assets   $62,663,000

Note: According to audited financial statements for the year ended June 30, 2010, Project HOPE received $159,146,000 in in-kind revenue, including pharmaceuticals ($120,319,000), medical supplies and equipment ($23,961,000), donated medical services ($1,353,000), donated freight ($848,000), other donated supplies including food ($309,000), and miscellaneous field expenses such as housing ($92,000).

Note: According to audited financial statements for the year ended June 30, 2010, other changes in net assets include pension related changes other than net periodic pension cost ($2,221,000).

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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.

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