The Assistance Fund, Inc
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
The Assistance Fund, Inc meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to help insured people with life-changing diseases overcome the financial barriers preventing them from accessing treatment."
Year, State Incorporated:
2009, DE
The Assistance Fund (TAF) reports that it helps patients and families facing high medical out-of-pocket costs by providing financial assistance for their copayments, coinsurance, deductibles, and other health-related expenses. The organization currently manages nearly 100 disease programs, each of which covers all FDA-approved treatment for the disease named in the program. TAF reports that it assisted 40,070 patients in 2023 and added 11 new disease programs.
For the year ended December 31, 2024, The Assistance Fund, Inc's program expenses were:
Program services: $182,668,380
Total Program Expenses: $182,668,380
Chief Executive
Danielle Vizcaino, President and Chief Execuitve Officer
Compensation*
$424,757
Chair of the Board
Jeff Milford
Chair's Profession / Business Affiliation
Chief Financial Officer and Treasurer, Courtney Leasing, Inc.
Board Size
8
Paid Staff Size
91
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: For the year ended Decemebr 31, 2023, Chief Developme Officer Gerald Lauria was the organizaiton's highest paid emloyeee and received compensation of $453,544.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio, Print advertisements
Fundraising costs were less than 1% of related contributions. (Related contributions, which totaled $327,843,364, 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 The Assistance Fund, Inc's audited financial statements for the year ended December 31, 2024.
Source of Funds
| Contributions | $327,843,364 |
| Interest and investment income, net | $14,871,345 |
| Total Income | $342,714,709 |
Programs: 95% Fundraising: 1% Administrative: 4%
| Total Income | $342,714,709 |
| Total expenses: | $193,280,158 |
| Program expenses | $182,668,380 |
| Fundraising expenses | $1,267,993 |
| Administrative expenses | $8,389,070 |
| Other expenses | $954,715 |
| Income in Excess of Expenses | $149,434,551 |
| Beginning Net Assets | $345,014,458 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $494,449,009 |
| Total Liabilities | $14,193,582 |
| Total Assets | $508,642,591 |
Note: In the above financial section, "other expenses" represents advocacy.
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.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Wise Giving Alliance