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Tax Status Governance Fund Raising Financial

Name:	AmeriCares Foundation, Inc.
Address:	88 Hamilton Avenue
	Stamford, CT 06902
Phone:	203-658-9500 800-486-4357
Web Address:	www.americares.org

AmeriCares Foundation, Inc. (AmeriCares) meets the 20 Standards for Charity Accountability.

AmeriCares is a global nonprofit disaster relief and humanitarian aid organization that provides response to emergency medical needs and supports ongoing health care and humanitarian programs. Through long-term partnerships with major pharmaceutical companies and manufacturers, AmeriCares maintains and has access to donated medicines and relief supplies to meet critical needs worldwide and after natural and man-made crises. AmeriCares also supports ongoing humanitarian programs by working with local partners to deliver assistance. In Connecticut, AmeriCares Free Clinics provide quality healthcare services to the uninsured; AmeriCares HomeFront refurbishes the homes of the physically and financially disadvantaged; and Camp AmeriKids gives a summer camping experience to inner-city children infected with or affected by HIV/AIDS and providing leadership training to campers who have aged out of Camp.

For the fiscal year ended June 30, 2007, AmeriCares's program expenses were:

Grants and awards	839,960,773
Program related expenses	18,409,359
Total Program Expenses:	$858,370,132

Chief Executive : Curtis R. Welling, President/Chief Executive Officer

Compensation*:

$310,603

Chair of the Board: Robert C. Macauley
Chair's Profession / Business Affiliation: Retired Chairman/CEO, Virginia Fibre

Board Size: 13

Paid Staff Size: 136

*July 1, 2006 - June 30, 2007 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

Direct mail, telemarketing, special events, grant proposals, Internet appeals, planned giving, and cause-related marketing.

Fund raising costs were 1% of related contributions. (Related contributions, which totaled $880,543,449, are donations received as a result of fund raising activities.)

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.

The following information is based on AmeriCares's audited financial statements consolidated with AmeriCares Free Clinic, Camp AmeriKids, and AmeriCares HomeFront for the fiscal year ended June 30, 2007.

Source of Funds
Donated medical supplies	853,528,609
Cash contributions	22,265,286
Contributed services	4,098,646
Interest and dividends	2,608,926
Unrealized gain on securities	1,605,374
Net gain on sale of securities	823,545
Securities contributions	650,908
Other	266,808
Total Income	$885,848,102

Uses of Funds as a % of Total Expenses

Programs: 99%  Fund Raising: 1%  Administrative: Less than 1%

Total income				$885,848,102
	Program expenses			$858,370,132
	Fund raising expenses			7,486,601
	Administrative expenses			4,237,912
Total expenses				$870,094,645
Income in Excess of Expenses				15,753,457
Beginning net assets				206,421,199
Ending net assets				222,174,656
Total liabilities				20,304,693
Total assets				$242,479,349

Note: AmeriCares' consolidated financial statements for the fiscal year ending June 30, 2007 report gifts of in-kind donations of $857,627,255. This amount consists of donated mediacal support ($853,528,609) and other contributed services ($4,098,646).