You are now searching

   

New York BBB Wise Giving Report for
Cooley's Anemia Foundation

A BBB Accredited charity

 


  • Meets all standards

Expiration Date:
10/2014
Name:
Cooley's Anemia Foundation, Inc.
Address:
330 Seventh Avenue
Suite 200
New York, NY 10001
Phone:
212-279-8090
Year, State Incorporated:
1954, New York
Affiliates:
11 chapters
Stated Purpose:
" Serves people afflicted with various forms of thalassemia, most notably the major form of this genetic blood disease, Cooley's Anemia/Thalassemia major. "






Evaluation Conclusions
 

              
Cooley's Anemia Foundation, Inc. (CAF) meets the 20 Standards for Charity Accountability.




Programs
 

              
Cooley's Anemia Foundation works toward advancing the treatment for thalassemia, enhancing the quality of life of patients, and educating the medical profession, thalassemia trait carriers, and the public about thalassemia.



Governance
 

              
Chief Executive Officer:
Ms. Gina Cioffi, Esq., National Executive Director
Compensation*:
$174,517
Chair of the Board:
Mr. Anthony Viola
Chair's Profession / Business Affiliation:
Geller Marzano & CO, CPAS, P.C.
Board Size:
52
Paid Staff Size:
9



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, and grant proposals.
Fund raising costs were 11.3% of related contributions. (Related contributions, which totaled $1,399,798, are donations received as a result of fund raising activities.)




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.




Financial
 

              
The following information is based on CAF's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Functions revenues (less direct expenses)

$1,009,050

Donations

250,971

Grants

139,777

Memorials

26,737

Investment income

4,343

Total Income

$1,430,878

Program Expenses  

Public information

$414,695

Research and grants

406,428

Patient services

352,569

Community Services

49,358
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

1,223,050
158,352
248,113

$1,629,515

$(198,637)




Uses of Funds as a % of Total Expenses


Programs: 75%  Fund Raising: 10%  Administrative 15% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,808,597
Ending net assets 1,609,960
Total liabilities 91,779

Total assets

$1,701,739






 

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. 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 fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.