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New York BBB Wise Giving Report for
New York Police & Fire Widows' & Children's Benefit Fund

A BBB Accredited charity


Expiration Date:
New York Police & Fire Widows' & Children's Benefit Fund
767 Fifth Avenue
New York, NY 10153
Year, State Incorporated:
1986, New York
Stated Purpose:
" New York Police & Fire Widows' and Children's Benefit Fund provides assistance to families of New York City police and fire personnel (including EMS and Port Authority) who have been killed in the line of duty. "

Evaluation Conclusions

New York Police & Fire Widows' and Children's Benefit Fund meets the 20 Standards for Charity Accountability.


The New York Police and Fire Widows' and Children's Benefit Fund gives grieving families assistance, regardless of financial need, after their loved ones have been killed in the line of duty. The Benefit Fund also makes an annual distribution to each beneficiary.


Chief Executive Officer:
Linda Giammona, Executive Director
Chair of the Board:
Stephen Dannhauser
Chair's Profession / Business Affiliation:
Weil, Gotshal & Manages LLP
Board Size:
Paid Staff Size:

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

Fund Raising

Method(s) Used:

Direct mail appeals, telephone appeals, invitations to fund raising events, internet, cause-related marketing (i.e. affinity credit cards, consumer product sales, etc. that indicate purchases will benefit your organization)
Fund raising costs were 14.1% of related contributions. (Related contributions, which totaled $3,533,771, 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.


The following information is based on New York Police & Fire Widows' and Children's Benefit Fund's Audited Financial Statements for the fiscal year ended December 31, 2011.

Source of Funds  

Dinner and picnic revenue, net


Interest and dividend income


General contributions


In-kind contributions


Dinner in-kind contributions


Unrealized (loss) gain on investments


Total Income


Program Expenses  

Program service - benefit payments

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses




Uses of Funds as a % of Total Expenses

Programs: 68%  Fund Raising: 14%  Administrative 18% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $43,359,518
Ending net assets 43,845,510
Total liabilities 97,123

Total assets


From the organization: "'Other Expenses' are in the form of in-kind contributions to the Benefit Fund. The Benefit Fund has long standing relationships with certain companies that provided in-kind services to the charity, thus saving the charity from having to use donor contributions to pay for legal, accounting and other expenses. 'Other Expenses' accounted for 'Dinner-in-kind' in the amount $106,098 and for 'Management and General in-kind' in the amount of $456,987."


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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.