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CHARITY REVIEW
Issued: May 2024 Expires: May 2026

Gift of Life International

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
Post Office Box 650436
Fresh Meadows, NY, 11365

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

Gift of Life International meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to provide lifesaving cardiac treatment to children in need from developing countries regardless of gender, creed, or national origin, and to develop sustainable pediatric cardiac programs by implementing screening, surgical and training visits which are supported by autonomous Gift of Life programs, Rotary global grants and generous donors from around the world."

Year, State Incorporated:
2002, NY

Gift of Life International (GOLI) is a worldwide community assistance program that helps needy children requiring heart surgery so that they may live full lives. The organization reaches children in the United States and globally. Missions to other countries have been established in order to help foreign facilities acquire the knowledge to perform their own surgeries. In addition to medical services, GOLI provides the following assistance to patients and families: round-trip airfare for the child and one parent or guardian; clothes and incidentals for the child and parent or guardian during their stay; payment of stipends to the hospitals providing the surgery, ranging from $4,500 to $10,000 per child; educational courses; and nutritious food assistance for the child and family.

For the year ended June 30, 2023, Gift of Life International's program expenses were:

Program services: $12,369,242

Total Program Expenses: $12,369,242

Chief Executive
Robert Raylman, Chief Executive Officer

Compensation*
$150,000

Chair of the Board
Robert Donno

Chair's Profession / Business Affiliation
Co-Owner, Lemcor Transport

Board Size
13

Paid Staff Size
1

*2022 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

Fundraising costs were 2% of related contributions. (Related contributions, which totaled $12,545,171, 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 Gift of Life International's audited financial statements for the year ended June 30, 2023.

Source of Funds
Contributions $1,563,144
In-kind contributions $10,757,302
Special events, net $224,725
Investment income $38,440
Other income $2,219
Total Income $12,585,830

Programs: 97% Fundraising: 2% Administrative: 1%

Total Income $12,585,830
Total expenses: $12,689,689
  Program expenses $12,369,242
  Fundraising expenses $211,069
  Administrative expenses $109,378
  Other expenses $0
Income in Excess of Expenses $-103,859
Beginning Net Assets $1,413,609
Other Changes In Net Assets $0
Ending Net Assets $1,309,750
Total Liabilities $25,059
Total Assets $1,334,809

Note: According to GOLI's audited financial statements for the year ended June 30, 2023, the organization received in-kind contributions totaling $10,757,302 in the form of donated professional services for surgeries ($10,210,387) and medical and surgical supplies ($546,915).

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