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Top Rated

Bob Woodruff Foundation

CharityWatch report issued
October 2023

Top-Rated Charity
CharityWatch Grade
Our independent grade based
on a number of factors.
Program Percentage
Amount spent on programs
relative to overhead.
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Bob Woodruff Foundation
1350 Broadway
Suite 905
New York, NY 10018

Other Names

Bob Woodruff Family Foundation

Tax Status


Stated Mission

To find, fund, and shape innovative programs that help our impacted veterans, service members, and their families thrive.

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Data based on Fiscal Year Ended 12/31/2022

Program Percentage: 76%

The percentage of Bob Woodruff Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $10

How many dollars Bob Woodruff Foundation spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


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.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


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.
This charity is Top-Rated
What does it mean to be Top-Rated?
Bob Woodruff Foundation
meets governance benchmarks.
Bob Woodruff Foundation
meets transparency benchmarks.
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  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
Name: Anne Marie Dougherty
Title: CEO
Compensation: $390,847
Name: Todd Duso
Title: CFO/COO
Compensation: $321,882
Name: Margaret Harrell
Title: Chief Program Officer
Compensation: $317,932

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).

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