Angel Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Angel Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to offer relief to adults with cancer and their loved ones through financial assistance, education, and emotional support."
Year, State Incorporated:
2000, MN
Angel Foundation reports that it provides financial assistance and support to low-income cancer patients and their families in Minnesota. The organization provides emergency financial assistance for non-medical basic needs, such as food, housing, utilities, and transportation-related costs. Angel Foundation also partners with certified financial planners to offer pro bono workshops and one-on-one meetings with patients to manage their long-term finances and limit the impact and distress of their cancer care and recovery. Angel Foundation’s adult and family programs focus on the entire family and help parents have important conversations with their children to equip them with information with the goal to lessen the sense of fear or isolation that may come with having a parent with cancer. The organization’s Making Memories program offers fun activities and opportunities to spend time together and create moments of joy. In 2023, Angel Foundation provided $1,138,339 in emergency financial assistance, reaching 8,787 lives touched by cancer across 64 counties in Minnesota.
For the year ended December 31, 2023, Angel Foundation's program expenses were:
| Emergency financial assistance | $1,559,540 |
| Adult and family programs | $707,499 |
| Financial cancer care | $432,721 |
| Total Program Expenses | $2,699,760 |
Chief Executive
David Becker, President and Chief Executive Officer
Compensation*
$229,993
Chair of the Board
Kirstie Foster
Chair's Profession / Business Affiliation
President and Founder, Foster Modern PR, LLC
Board Size
22
Paid Staff Size
14
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $3,346,852, are donations received as a result of fundraising 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 Angel Foundation's audited financial statements for the year ended December 31, 2023.
Source of Funds
| Investment loss and related fees | $-13,805 |
| Other income | $4,562 |
| Realized and unrealized gains on investments | $101,416 |
| Interest and dividends | $124,716 |
| In-kind contributions | $188,756 |
| Special events, net | $970,176 |
| Contributions | $2,187,920 |
| Total Income | $3,563,741 |
Programs: 81% Fundraising: 9% Administrative: 10%
| Total Income | $3,563,741 |
| Total expenses: | $3,321,868 |
| Program expenses | $2,699,760 |
| Fundraising expenses | $291,710 |
| Administrative expenses | $330,398 |
| Other expenses | $0 |
| Income in Excess of Expenses | $241,873 |
| Beginning Net Assets | $3,815,944 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $4,057,817 |
| Total Liabilities | $688,609 |
| Total Assets | $4,746,426 |
Note: According to Angel Foundation’s 2023 audited financial statements, the organization received in-kind contributions totaling $188,756 in the form of supplies ($115,514), marketing and advertising ($60,960), and audtion items ($12,282).
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 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 International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Review in Progress
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Report completed by:
BBB Wise Giving Alliance