My Stuff Bags 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
My Stuff Bags Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to provide new belongings, comfort and hope to thousands of children each year who must be rescued from abuse, neglect, abandonment and homelessness across the United States."
Year, State Incorporated:
1998, CA
My Stuff Bags Foundation (MSBF) addresses the immediate physical and emotional needs of rescued children, and helps support the agencies caring for them, through the delivery of duffel bags filled with new belongings including toys, toiletry items, apparel, school supplies, items of comfort and a hand-made blanket. Each bags is age and gender specific, with a name tag so the child can take the bag with them as they transition to multiple sites. In 2023, MSBF distributed 19,937 bags to children in 12 states through 71 child protection agencies with the support of volunteers who prepared, stuffed and shipped My Stuff Bags throughout the year.
For the year ended December 31, 2023, My Stuff Bags Foundation's program expenses were:
Program services | $2,256,747 |
Total Program Expenses | $2,256,747 |
Chief Executive
Janeen Holmes, President and Chief Executive Officer
Compensation*
$158,193
Chair of the Board
Randy Strong
Chair's Profession / Business Affiliation
President, ACT Strong Marketing
Board Size
5
Paid Staff Size
5
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $2,632,953, 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 My Stuff Bags Foundation's audited financial statements for the year ended December 31, 2023.
Source of Funds
Contributions | $659,247 |
In-kind contributions | $1,973,706 |
Total Income | $2,632,953 |
Programs: 94% Fundraising: 3% Administrative: 3%
Total Income | $2,632,953 |
Total expenses: | $2,397,073 |
Program expenses | $2,256,747 |
Fundraising expenses | $70,158 |
Administrative expenses | $70,168 |
Other expenses | $0 |
Income in Excess of Expenses | $235,880 |
Beginning Net Assets | $4,221,376 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $4,457,256 |
Total Liabilities | $791,367 |
Total Assets | $5,248,623 |
Note: According to the organization's 2023 audited financial statements, MSBF received in-kind contributions totaling $1,963,206 in the form of children's goods.
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