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CHARITY REVIEW
Issued: September 2024 Expires: September 2026

Children's Cancer Foundation

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
5570 Sterrett Place, Suite 204
Columbia, MD, 21044

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Children's Cancer Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to fund locally-based researchers, programs and facilities until every child is assured a healthy cancer-free future."

Year, State Incorporated:
1983, MD

The Children’s Cancer Foundation (CCF) raises funds for local pediatric oncology facilities, direct service programs for children fighting cancer, and direct researchers for their advancements in safer, more effective cancer treatments. The organization reports that it works to fill the gap left by federal funding locally, by funding researchers and by facilitating partnerships between researchers, families, and with local businesses. Each year, CCF holds a symposium bringing together scientists, physicians, patients, families, donors, and researchers to share information and experiences, with the aim of improving the quality and collaborative efforts within the local pediatric cancer research community.

For the year ended December 31, 2023, Children's Cancer Foundation's program expenses were:

Program services: $1,031,249

Total Program Expenses: $1,031,249

Chief Executive
Tasha Museles, President

Compensation*
$178,422

Chair of the Board
Jerrold C. Chadwick, D.M. Jr.

Chair's Profession / Business Affiliation
Consultant, My Fresh Solutions LLC

Board Size
19

Paid Staff Size
3

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Special events

Fundraising costs were 20% of related contributions. (Related contributions, which totaled $841,663, 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 Children's Cancer Foundation's audited financial statements for the year ended December 31, 2023.

Source of Funds
Realized and unrealized gain on investment $8,970
Contributions $668,326
Fundraising events, net $173,337
Investment income $16,125
Total Income $866,758

Programs: 74% Fundraising: 13% Administrative: 13%

Total Income $866,758
Total expenses: $1,394,272
  Program expenses $1,031,249
  Fundraising expenses $175,192
  Administrative expenses $187,831
  Other expenses $0
Income in Excess of Expenses $-527,514
Beginning Net Assets $1,026,549
Other Changes In Net Assets $0
Ending Net Assets $499,035
Total Liabilities $44,230
Total Assets $543,265

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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Report completed by:
BBB Wise Giving Alliance