According to the Children's Cancer Recovery Foundation (CCRF) 2016 tax filing, CCRF received in-kind donations valued at $8,134,635 in 2016, with $7,930,718 consisting of donated drugs and medical supplies (IRS Form 990 Schedule M).
CCRF reports shipping the $7,930,718 in donated medication to five organizations that it lists by name and country, three located in Guatemala, one in Honduras, and one in the Dominican Republic (IRS Form 990 Schedule F).
[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 Children's Cancer Recovery Foundation audit of December 31, 2016, (Note 6, Economic Dependency):
"For the years ended December 31, 2016 and 2015, the Organization received approximately 97% and 96% of its cash contributions from three telemarketing agencies totaling $4,162,586 and $5,065,993, respectively."
"The Organization's ability to maintain or improve operations would be severely impacted by a material reduction in these funds." |
According to the Children's Cancer Recovery Foundation (CCRF) audit of December 31, 2016 (Note 7, Related Party Transactions):
"The Organization has an Affiliation Agreement with CRFI, now CRFI, Inc. [Cancer Recovery Foundation International, Inc., after merging with Cancer Recovery Foundation of America on January 1, 2016], to provide certain program, fundraising, and administrative support. Under the terms of the agreement, the Organization pays CRFI, Inc. $1,000 a month for license of marks and logos, $300 an hour for program service development and implementation, $500 an hour for fundraising development, and $150 an hour for administrative and management services." Under the terms of the agreement, CRFI, Inc. billed CCRF $476,935 during the year ended December 31, 2016.
Also according to the CCRF 2016 audit (Note 7, Related Party Transactions & Note 12, Subsequent Event):
"CRFI, Inc. paid the Organization $10,721 and $33,372 in rental income during the years ended December 31, 2016 and 2015, respectively, to help cover the rent expense of the office, as CRFI, Inc. shared office space with the Organization until July 2016 when the Organization relocated office space..." (Note 7).
"In March 2017, the Organization entered into an agreement with CRFI, Inc. for rent owed to the Organization from June 2016 through December 2016 in the total amount of $14,357. Interest is payable on the unpaid balance at a rate of 5% annually. Payments are due in installments of $1,000 made every month, with the first payment due on April 1, 2017" (Note 12).
According to the CCRF 2016 tax filing, CCRF and CRFI, Inc. share a common board member (IRS Form 990, Schedule L, Parts IV & V). The President of CCRF, Stephen Dukes, also is a CRFI, Inc. Director, based on each charity's respective 2016 tax filing. Additionally, Greg Anderson, the founder of both organizations, is reported as the President of CRFI, Inc. in 2016, and he was the Acting Executive Director of CCRF in 2014.
[Note: CharityWatch issues a separate rating for Cancer Recovery Foundation International (CRFI, Inc.).]
Also according to the Children's Cancer Recovery Foundation (CCRF) 2016 tax filing (IRS Form 990 Schedule O), CCRF reports: "Stephen Dukes, Board President, is the brother of Gregory Dukes, Director." CCRF reports having a five-person board of directors at the end of 2016 (IRS Form 990 Part VII). |
