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CHARITY REVIEW
Issued: August 2025 Expires: August 2027

Ukrainian Freedom Fund

Standards Not Met
Standards Not Met
1 4 7 11 14
(437) 335-0091
Post Office Box 880
Afton, WY, 83110
https://ukrfreedomfund.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

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

Ukrainian Freedom Fund does not meet the following 5 Standards for Charity Accountability:

Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

UFF does not meet this Standard because its board of directors does not:

  • Review the performance of the Chief Executive Officer at least once every two years.
  • Ensure that the organization‘s arrangements with outside fundraising firms are made in writing.
  • Have a voting member of the board who is assigned the responsibility of serving as the treasurer.

Standard 4 (Compensated Board Members)
Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

UFF does not meet this Standard because:

  • The Chief Executive Officer also serves as the chair of the board of directors.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

UFF does not meet this Standard because:

  • The organization has not completed an effectiveness assessment in the last two years.

Standard 11 (Financial Statements)
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

UFF does not meet this Standard because:

  • Although the organization's revenue totaled $1,452,052, UFF states it does not have audited financial statements for the year ended December 31, 2023.

Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

UFF does not meet this Standard because it indicated that:

  • The organization did not produce a budget for 2025.

Ukrainian Freedom Fund meets the remaining 15 Standards for Charity Accountability.

Stated Purpose:
"to help create a free, independent, and democratic Ukraine where Ukrainians and people of other nationalities will have the right to freely associate and express their will in an open civil society free from corruption."

Year, State Incorporated:
2022, WY

Ukrainian Freedom Fund (UFF) reports that it seeks to deliver focused, efficient, and transparent support to Ukrainian defenders and civilians during wartime and works directly with over 120 Ukrainian military units, ensuring that aid reaches end users without intermediaries. The organization's programs include Drones for Defenders, which supplies reconnaissance drones for search and rescue, damage assessment, and frontline intelligence. The Train and Assist program delivers training and humanitarian support to increase Ukraine’s defensive capacity, including leadership development and mental health support for trauma victims. Vehicles for Defense procures SUVs, trucks, and vans used as ambulances and for transporting essential cargo and personnel. Support Ukraine program offers flexible funding to meet Ukraine’s defense and humanitarian needs. The medical aid program offers mental health support for those affected by war-related trauma.

For the year ended December 31, 2024, Ukrainian Freedom Fund's program expenses were:

Program services $1,352,086
Total Program Expenses $1,352,086

Chief Executive
Andrew Bain, Founder and Chief Executive Officer

Chair of the Board
Andrew Bain

Chair's Profession / Business Affiliation
Founder and Executive Director, Ukrainian Freedom Fund

Board Size
6

Paid Staff Size
5

*2023 compensation, as reported by the organization, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: UFF reports that Andrew Bain volunteers his time with the organization.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements, Radio

Fundraising costs were 7% of related contributions. (Related contributions, which totaled $1,452,052, 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 Ukrainian Freedom Fund's IRS Form 990 for the year ended December 31, 2024.

Source of Funds
Contributions $2,140,676
Investment income $22
Total Income $2,140,698

Programs: 90% Fundraising: 7% Administrative: 3%

Total Income $2,140,698
Total expenses: $1,506,002
  Program expenses $1,352,086
  Fundraising expenses $108,000
  Administrative expenses $45,916
  Other expenses $0
Income in Excess of Expenses $634,696
Beginning Net Assets $185,439
Other Changes In Net Assets $0
Ending Net Assets $820,135
Total Liabilities $0
Total Assets $820,135

Note: According to UFF's 2023 IRS Form 990, the organization received $54,293 in contributed goods and services.

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

Report completed by:
BBB Wise Giving Alliance