Better Business Bureau Report for
MedWish International

Better Business Bureau Report issued August 2017
Better Business Bureau Report expires August 2018


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: MedWish International
Address: 17325 Euclid Avenue
  Cleveland, OH 44112
Phone: 216-692-1685
Web Address: www.medwish.org
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Better Business Bureau Comments

Year, State Incorporated: 1994, Ohio
Affiliates: None
Stated Purpose: "exists to saves lives and the environment by re-purposing discarded medical supplies and equipment to provide humanitarian aid in developing countries."

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Evaluation Conclusions

              

MedWish International (MWI) meets the 20 Standards for Charity Accountability.
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Programs

              

MedWish International (MedWish) provides a cost-effective, environmentally-friendly solution that bridges the gap between the abundance in the U.S. healthcare system and the medical scarcity affecting billions of people around the globe. By recovering and repurposing useable medical supplies from local hospitals, MedWish provides humanitarian aid to healthcare facilities in the developing world. MedWish saves countless lives, reduces waste for a healthier planet, and brings hope to people around the world. MedWish generally requests help to support its operations and help reduce medical waste in Northeast Ohio.

For the fiscal year ended January 31, 2015, MWI's program expenses were:

  
Programs 13,347,607
Total Program Expenses: $13,347,607
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Governance

              

Chief Executive : Carolina Masri, Executive Director
Compensation*: 
$100,000

Chair of the Board: Lee Ponsky, MD
Chair's Profession / Business Affiliation: Physician

Board Size: 11

Paid Staff Size: 11

*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, invitations to fund raising events, television, grant proposals, internet
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $14,048,647, 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 MedWish International's audited financial statements for the fiscal year ended January 31, 2015.

Source of Funds  
In-Kind Inventory Received 12,980,114
Support Income 716,425
Earned Income 300,589
In-Kind Gifts Received 190,225
Special Event Income 161,883
Realized and Unrealized Gains 18,013
Other Income 455
Total Income $14,367,704


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Uses of Funds as a % of Total Expenses

Programs: 98%  Fund Raising: 1%  Administrative: 1% 

Total income $14,367,704
Program expenses $13,347,607
Fund raising expenses 92,231
Administrative expenses 181,440
Total expenses $13,621,278
Income in Excess of Expenses 746,426
Beginning net assets 4,145,949
Ending net assets 4,892,375
Total liabilities 16,807
Total assets $4,909,182


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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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