You are now searching

   

New York BBB Wise Giving Report for
Friends of Karen

A BBB Accredited charity

 



Expiration Date:
07/2014
Name:
Friends of Karen
Address:
118 Titicus Road
North Salem, NY 10560
Phone:
914-277-4547
Year, State Incorporated:
1979, New York
Affiliates:
None
Stated Purpose:
" Friends of Karen provides vital, practical and comprehensive support, at no cost, to families caring for a child with cancer or another life-threatening illness, to relieve them of everyday needs and concerns in order to keep them stable, functioning and able to cope. "





Evaluation Conclusions
 

              
Friends of Karen meets the 20 Standards for Charity Accountability.




Programs
 

              
Friends of Karen provides financial, emotional and advocacy support to families that are caring for children with terminal and life-threatening illnesses. The Family Support Program offers individualized case management provided by a team of experienced, professional social workers. This program includes emotional support, including supportive counseling, bereavement support and a Sibling Support program. Also, financial support is given which helps families cover illness-related and basic living expenses that become unmanageable when a parent leaves work to care for a sick child. The financial support program also helps cover the cost of childcare for siblings and hospital travels and meals. Moreover, advocacy support is included to ensure families have access to all available benefits from government and other agencies; support from other organizations; pro bono legal counsel; and help with educational needs. Other important programs are: Holiday Adopt-a-Family; Back-to-School; Annual Candle Lighting Ceremony for bereaved families; Supermarket Food Cards; and Birthday Gifts.



Programs
 

              

Friends of Karen provides emotional, financial and advocacy support to families caring for a child with a life-threatening illness. We tailor the “support” for each family, which can include:

  • emotional support to help each family member cope with the frightening and tumultuous ordeal of living with a child with cancer or another life-threatening illness
  • financial help with illness-related and basic living expenses, enabling families to stay secure in their home and children to receive the care they need
  • advocacy action on issues like hospital and insurance billing, education needs, and available public/private programs, to relieve parents of one more stressful activity
  • visits with a Sibling Support Specialist for sisters and/or brothers of the sick child, who often feel “invisible” because of the focus on the sick child
  • gift programs to ensure that children do not miss milestones like birthdays, holidays and back-to-school when parents are consumed with worries and struggles
  • end-of-life and bereavement support, so families never have to endure this alone





Governance
 

              
Chief Executive Officer:
Judith R. Factor, Executive Director
Compensation*:
$180,250
Chair of the Board:
Pam Hervey
Chair's Profession / Business Affiliation:
President
Board Size:
14
Paid Staff Size:
23



*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, Grant Proposals, Internet.
Fund raising costs were 11.2% of related contributions. (Related contributions, which totaled $3,219,789, 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 .'s Audited Financial Statements for the fiscal year ended March 31, 2013.

Source of Funds  

Special Events

$1,476,035

Contributions (including in-kind revenue of $(389,821)

1,133,794

Grants

919,600

Less direct cost of special events (including in-kind expense of $102,305)

(309,640)

Total Income

$3,219,789

Program Expenses  

Family Support

$2,456,010

Public Education

379,956
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

2,835,966
361,548
306,962

$3,504,476

$(284,687)




Uses of Funds as a % of Total Expenses


Programs: 81%  Fund Raising: 10%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $5,434,401
347,355
Ending net assets 5,497,069
Total liabilities 178,316

Total assets

$5,675,385






 

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.