BBB Wise Giving Report for
Bone Marrow Foundation

BBB Wise Giving Report issued October 2010
BBB Wise Giving Report expires October 2012


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: Bone Marrow Foundation
Address: 30 East End Avenue, Suite 1F
  New York, NY 10028
Phone: 212-838-3029
Web Address: www.bonemarrow.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1992, New York
Affiliates: None

Stated Purpose: "to improve the quality of life for bone marrow and stem cell transplant patients and their families."

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Evaluation Conclusions

              

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Programs

              

BMF is guided by a medical advisory board of physicians in the field of transplantation. Through its "patient aid" program, the organization provides financial assistance for donor searches, compatibility testing, bone marrow or stem cell collection, cord blood banking, medications, medical equipment, home and child care services, housing, transportation and other patient needs. BMF’s “one-to-one fund” assists patients and their families by creating personal funds at the Foundation. Furthermore, through its “supportline” program, the charity unites patients and families with post transplant patients who have gone through the transplant experience. BMF also operates an “ask the expert” program which facilitates communication between patients as well as their families and the medical advisory board. BMF publishes medical and educational handbooks to assist patients and their families in obtaining resources and information regarding the transplant procedure and follow-up care.

For the year ended December 31, 2009, BMF's program expenses were:

  
Program services 450,224
Total Program Expenses: $450,224
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Governance

              

Chief Executive : Christina Merrill, C.S.W., Executive Director
Compensation*:
$86,046

Chair of the Board: Robert Fishman
Chair's Profession / Business Affiliation: Producer and Director, CBS Sports

Board Size: 7

Paid Staff Size: 4

*2009 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, special events, print advertisements, planned giving, grant proposals, Internet appeals, and cause-related marketing.
Fund raising costs were 31% of related contributions. (Related contributions, which totaled $463,232, 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 BMF's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Contributions 271,552
Special events income, net 179,680
In-kind contributions 12,000
Investment income 1,604
Total Income $464,836


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Uses of Funds as a % of Total Expenses

Programs: 68%  Fund Raising: 22%  Administrative: 10% 

Total income   $464,836
  Program expenses $450,224
  Fund raising expenses 141,319
  Administrative expenses 64,551
 
Total expenses   $656,094
Expenses in Excess of Income   (191,258)
Beginning net assets   453,017
Ending net assets   261,759
Total liabilities   25,065
Total assets   $286,824


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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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