This Veterans Day Donate to a Top-Rated Charity
This Veterans Day Donate to a Top-Rated Charity
Nov 06, 2024
Monday, November 11th is Veterans Day. ...
Monday, November 11th is Veterans Day. ...
Top-Rated Charity
Website
View similar charities
Ratings & Metrics
Joint Costs
Bob Woodruff Foundation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 84% | $6 |
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Bob Woodruff Family Foundation | IRS Form 990 | 26-1441650 |
| Bob Woodruff Family Foundation | Audited Financial Statements | 26-1441650 |
|
Entity: Bob Woodruff Family Foundation Document Type: IRS Form 990 Tax ID: 26-1441650 |
|
Entity: Bob Woodruff Family Foundation Document Type: Audited Financial Statements Tax ID: 26-1441650 |
Governance & Transparency
CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Anne Marie Dougherty | CEO | $390,847 |
| 2 | Todd Duso | CFO/COO | $321,882 |
| 3 | Margaret Harrell | Chief Program Officer | $317,932 |
|
1 Name: Anne Marie Dougherty Title: CEO Compensation: $390,847 |
|
2 Name: Todd Duso Title: CFO/COO Compensation: $321,882 |
|
3 Name: Margaret Harrell Title: Chief Program Officer Compensation: $317,932 |
Analysts' Notes
CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Bob Woodruff Family
Foundation (BWFF) audit of December
31, 2022 (Note 1 re: In-Kind Contributions), BWF
reports receiving in-kind contributed goods and services in 2022 on which it
placed a total value of $10,173,978. Of this amount, the charity reported that $9,864,999 consisted of "Public Service Announcements."
[Note: CharityWatch generally excludes the
value of in-kind (non-cash) donations of goods and services from its
calculations of Program % and Cost to Raise $100. More information on how
grades are calculated and the treatment of in-kind donations can be found on
the Our
Process page.] |
According to the Bob Woodruff Family Foundation (BWF) audit of December 31, 2022 (Note 2, Concentrations of Risk, Concentration of Revenue): "9% and 29% of the Foundation's revenue for the years ended December 31, 2022 and 2021, respectively, is from special event revenue from the Stand Up for Heroes event that the Foundation holds annually. "Total contribution revenue for the years ended December 31, 2022 and 2021, consists of 69% from two donors and 49% from one donor, respectively." |
According to the Bob Woodruff Family Foundation (BWFF) 2022 tax filing re: Business Transactions Involving Interested Persons, (IRS Form 990, Schedule L), BWFF reported Dave Woodruff received $271,616 for employment by BWF. "(A) Name of Person: Dave Woodruff (B) Relationship between interested person and organization: brother-in-law of Director Lee Woodruff, brother of Co-Founder Bob Woodruff" (IRS Form 990, Schedule L, Part V)." BWF reports that Dave Woodruff is Chief Development Officer, and Lee Woodruff is Vice President. In addition to being officers of the organization, they are also on the board of directors, which consisted of 16 people at year-end 2022 (IRS Form 990, Parts VI & VII). |