Movember 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
Movember Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to confront, challenge, and change individual behaviours, systems, and gender norms to address health inequalities for men."
Year, State Incorporated:
2007, CA
Movember Foundation raises funds and awareness for men's health, aiming to help men live happier, healthier, and longer lives by investing in the key cause areas of mental health and suicide prevention, prostate cancer, and testicular cancer. While the organization fundraises year-round, it reports that the annual Movember campaign held in November is its primary fundraising initiative. During the Movember campaign, supporters fundraise for the cause by growing a moustache, taking the Move challenge, hosting an event or fundraising in their own way. Some ($3,121,867 or 33%) of Movember Foundation’s program activities are carried out in conjunction with fundraising appeals.
For the year ended April 30, 2023, Movember Foundation's program expenses were:
Men's health programs: $5,581,340
Funds donated and program delivery payments: $3,871,604
Total Program Expenses: $9,452,944
Chief Executive
Tim Gnaneswaran, Country Director, United States
Compensation*
$200,000
Chair of the Board
Richard Deutsch
Chair's Profession / Business Affiliation
Non-Executive Director, Bendigo & Adelaide Bank Limited
Board Size
8
Paid Staff Size
27
*2024 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Internet, Direct mail appeals, Radio, Print advertisements, Corporate solicitation
Movember Foundation incurred joint costs of $6,931,342 for informational materials and activities that included fundraising materials. Of those costs $3,218,142 was allocated to fundraising expenses, $3,121,867 was allocated to program expenses, and $591,333 was allocated to administrative expenses.
Fundraising costs were 21% of related contributions. (Related contributions, which totaled $16,405,924 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 Movember Foundation's audited financial statements for the year ended April 30, 2023.
Source of Funds
| Contributions | $16,405,924 |
| Interest and other income | $436,255 |
| Total Income | $16,842,179 |
Programs: 67% Fundraising: 25% Administrative: 9%
| Total Income | $16,842,179 |
| Total expenses: | $14,150,698 |
| Program expenses | $9,452,944 |
| Fundraising expenses | $3,481,977 |
| Administrative expenses | $1,215,777 |
| Other expenses | $0 |
| Income in Excess of Expenses | $2,691,481 |
| Beginning Net Assets | $29,245,753 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $31,937,234 |
| Total Liabilities | $4,945,860 |
| Total Assets | $36,883,094 |
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
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance