BBB Wise Giving Report for
March of Dimes Foundation

BBB Wise Giving Report issued June 2008
BBB Wise Giving Report expires June 2010


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: March of Dimes Foundation
Address: 1275 Mamaroneck Avenue
  White Plains, NY 10605
Phone: 914-428-7100
Web Address: www.marchofdimes.com
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1938, New York
Affiliates: None
Stated Purpose: "to improve the health of babies by preventing birth defects, premature birth, and infant mortality."

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Evaluation Conclusions

              

March of Dimes Foundation (MDF) meets the 20 Standards for Charity Accountability.
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Programs

              

MDF’s research and medical support programs sponsors research to discover the causes and means of prevention and amelioration of birth defects and related forms of sub-optimal pregnancy outcome. The public and professional education program supports efforts to educate the public and professionals through publications and information campaigns. The community services program works with local communities to provide beneficial effects on the communities that it serves. These programs include items that will improve the outcome of pregnancy, such as smoking cessation and Neonatal Intensive Care Units Family Support Project which has expanded to 70 sites in all 50 states. MDF reports that during 2007 more than 40,000 NICU families were helped through this program. Some ($22,152,000 or 12%) of MDF’s program activities are carried out in conjunction with fund raising appeals.

For the fiscal year ended December 31, 2007, MDF's program expenses were:

  
Public and professional Education 85,662,000
Community services 50,563,000
Research and medical support 46,323,000
Total Program Expenses: $182,548,000
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Governance

              

Chief Executive : Jennifer Howse, PhD., President
Compensation*:
$585,298

Chair of the Board: Kenneth May
Chair's Profession / Business Affiliation: Former CEO of FedEx/Kinko's

Board Size: 32

Paid Staff Size: 1601

*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, telephone, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet, door to door, planned giving arrangements, cause-related marketing, membership
Fund raising costs were 14% of related contributions. (Related contributions, which totaled $239,221,000, are donations received as a result of fund raising activities.)
MDF incurred joint costs of $37,682,000 for informational materials and activities that included fund raising materials. Of those costs $22,152,000 was allocated to program expenses, $11,319,000 was allocated to fund raising expenses, and $4,211,000 was allocated to administrative expenses.
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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 MDF's audited financial statements for the year ended December, 31 2007.

Source of Funds  
Campaign contributions and sponsorships (net) 213,413,000
Government, foundation and corporate grants 12,298,000
Major gifts and other contributions 7,016,000
Investment return greater than amount appropriated for Operations 5,212,000
Bequests 4,046,000
Investment return appropriated for operations 3,500,000
Program service revenue 2,611,000
Contributed material and services 2,448,000
Other 1,459,000
Total Income $252,003,000


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Uses of Funds as a % of Total Expenses

Programs: 77%  Fund Raising: 14%  Administrative: 9% 

Total income   $252,003,000
  Program expenses $182,548,000
  Fund raising expenses 34,183,000
  Administrative expenses 20,422,000
 
Total expenses   $237,153,000
Income in Excess of Expenses   14,850,000
Beginning net assets   71,403,000
Other Changes in Net Assets (8,545,000)
Ending net assets   77,708,000
Total liabilities   106,664,000
Total assets   $184,372,000


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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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