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Top Rated

ChildFund International

CharityWatch report issued
December 2018

Top-Rated Charity
A-
CharityWatch Grade
Our independent grade based
on a number of factors.
 
78%
Program Percentage
Amount spent on programs
relative to overhead.
 
$19
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

ChildFund International
2821 Emerywood Parkway
Richmond, VA 23294

Other Names

ChildFund International, USA

Tax Status

501(c)3

Stated Mission

To protect and advance the worth and the rights of children; empowers children to thrive throughout all stages of life and become leaders of enduring change.

View similar charities
Data based on Fiscal Year Ended 06/30/2017

Program Percentage: 78%

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

$187,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $19

How many dollars ChildFund International spends on fundraising to raise each $100 of contributions.

$124,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
ChildFund International, USA IRS Form 990 54-0536100
ChildFund International, USA Audited Consolidated Financial Statements Multiple
Entity: ChildFund International, USA
Document Type: IRS Form 990
Tax ID: 54-0536100
Entity: ChildFund International, USA
Document Type: Audited Consolidated Financial Statements
Tax ID: Multiple

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?
 
ChildFund International
meets governance benchmarks.
 
ChildFund International
meets transparency benchmarks.
Transparency
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 Goddard President $389,805
2 Geoffrey Petkovich Regional Director $277,771
3 James Tuite VP/CFO $264,701
1
Name: Anne Goddard
Title: President
Compensation: $389,805
2
Name: Geoffrey Petkovich
Title: Regional Director
Compensation: $277,771
3
Name: James Tuite
Title: VP/CFO
Compensation: $264,701

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.
CharityWatch's rating of ChildFund International includes the financial activities of the ChildFund international office, national offices, and fundraising offices, which are consolidated in the ChildFund International audited financial statements for the fiscal year ended June 30, 2017, according to audit Note 2(b).


According to the ChildFund fiscal 2017 consolidated audit (Note 1, Organization):

"Most of the [child] sponsorships...are supported by U.S. donors; the remainder are supported by in-country fundraising offices and international donors who sponsor children through autonomous organizations in Australia, Canada, Denmark, France, Germany, Ireland, Japan, Korea, New Zealand, Sweden, and Taiwan. ChildFund is a member of ChildFund Alliance, a global network of 11 child development organizations."

[Note: The financial activities of the "autonomous organizations" noted above are not included in CharityWatch's rating of ChildFund International. "ChildFund does not control these organizations, their related assets, liabilities, net assets, revenues and expenses are not reflected in the accompanying [audited] consolidated financial statements," according to Note 11(a) of the ChildFund fiscal 2017 consolidated audit.]


According to the ChildFund fiscal 2017 consolidated audit (Note 2(b), Principles of Consolidation):

"ChildFund established the India Society (the Society) in 1984. The Society is registered...and exists under the laws of India. In December 2015, the Society's governing body took action which gave ChildFund majority voting power of the governing body and therefore, ChildFund began consolidating [in the audited financial statements] the Society..."


According to the ChildFund fiscal 2017 consolidated audit (Note 14, Related Party Transactions):

"In April 2002, ChildFund Alliance was established for charitable purposes to promote the well-being of children and their families. The Board of Directors of ChildFund Alliance consists of a significant percentage of ChildFund Board and staff; however, ChildFund does not have an economic or controlling interest in ChildFund Alliance; accordingly, ChildFund Alliance is not consolidated in ChildFund's [audited] consolidated financial statements..."
ChildFund International received contributions of gifts-in-kind on which it placed a total value of approximately $44.0 million in fiscal 2017, according to its audited Consolidated Statement of Activities for the fiscal year-ended June 30, 2017. Included in the $44.0 million is approximately $12.3 million in donated TOM shoes and approximately $30.4 million in donated public service announcements (PSAs), according to Note 2(h) of the ChildFund fiscal 2017 consolidated audit.

[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.]

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