Cooley's Anemia Foundation, Inc.
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
Cooley's Anemia Foundation, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
The Cooley's Anemia Foundation is dedicated to serving people afflicted with various forms of thalassemia, most notably the major form of this genetic blood disease, Cooley's anemia/thalassemia major.
Year, State Incorporated:
1954, NY
Cooley's Anemia Foundation works toward advancing the treatment for thalassemia, enhancing the quality of life of patients, and educating the medical profession, thalassemia trait carriers, and the public about thalassemia.
For the year ended June 30, 2024, Cooley's Anemia Foundation, Inc.'s program expenses were:
| Total program services | $1,758,990 |
| Total Program Expenses | $1,758,990 |
Chair of the Board
Ralph Colasanti, Financial Services Consultant
Chair's Profession / Business Affiliation
Board Size
47
Paid Staff Size
10
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
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 Cooley's Anemia Foundation, Inc.'s audited financial statements for the year ended June 30, 2024.
Source of Funds
| Net function income | $1,502,831 |
| Contributions | $810,411 |
| Grants | $231,325 |
| Net investment income | $224,881 |
| Memorials | $28,487 |
| Change in value of beneficial interest in funds held by others | $14,645 |
| Total Income | $2,812,580 |
Programs: 79% Fundraising: 11% Administrative: 10%
| Total Income | $2,812,580 |
| Total expenses: | $2,224,356 |
| Program expenses | $1,758,990 |
| Fundraising expenses | $239,490 |
| Administrative expenses | $225,876 |
| Other expenses | $0 |
| Income in Excess of Expenses | $588,224 |
| Beginning Net Assets | $5,068,776 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $5,657,000 |
| Total Liabilities | $719,996 |
| Total Assets | $6,376,996 |
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Standards Not Met
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Review in Progress
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Report completed by:
BBB Foundation of Metropolitan New York