Ratings & Metrics
Joint Costs
Christopher & Dana Reeve 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 |
---|---|
85% | $20 |
Financial Documents
Entity | Document Type | Tax ID |
---|---|---|
Christopher & Dana Reeve Foundation | Audited Financial Statements | 22-2939536 |
Christopher & Dana Reeve Foundation | IRS Form 990 | 22-2939536 |
Entity: Christopher & Dana Reeve Foundation Document Type: Audited Financial Statements Tax ID: 22-2939536 |
Entity: Christopher & Dana Reeve Foundation Document Type: IRS Form 990 Tax ID: 22-2939536 |
Governance & Transparency
Top Salaries
Name | Title | Compensation | |
---|---|---|---|
1 | Peter Wilderotter | Past President/CEO | $433,607 |
2 | Margaret Goldberg | President/CEO | $306,677 |
3 | Aimee Hunnewell | Chief Development Officer | $218,807 |
1 Name: Peter Wilderotter Title: Past President/CEO Compensation: $433,607 |
2 Name: Margaret Goldberg Title: President/CEO Compensation: $306,677 |
3 Name: Aimee Hunnewell Title: Chief Development Officer Compensation: $218,807 |
Analysts' Notes
According to the Christopher and Dana Reeve Foundation audit of December 31, 2021 (Note 14, Government Assistance, Paycheck Protection Program): "In March 2020, Congress established the Paycheck Protection Program ('PPP') to provide relief to small businesses during the coronavirus pandemic ('COVID-19') as part of the Coronavirus Aid, Relief, and Economic Security ('CARES') Act. The legislation authorized Treasury to use the Small Business Administration's ('SBA') 7(a) small business lending program to fund forgivable loans that qualifying businesses could spend to cover payroll, mortgage interest, rent and utilities. Upon meeting certain criteria as specified in the PPP program, the loans are eligible for partial or total forgiveness." [...] "The Foundation applied for and received proceeds of $487,441 through the PPP on April 12, 2020 from Provident Bank. As of December 31, 2020, the Foundation had determined that all criteria for forgiveness were substantially met and that the PPP loan and all accrued interest would be 100% forgiven. As such...the Foundation has recognized $487,441 of the loan proceeds as of December 31, 2020 as Paycheck Protection Program Grant Income. The Foundation applied for and was granted full forgiveness of the PPP loan on March 31, 2021. "The Foundation also applied for and received proceeds of $392,619 through the PPP on February 4, 2021 from Provident Bank. As of December 31, 2021, the Foundation had determined that all criteria for forgiveness were substantially met and that the PPP loan and all accrued interest would be 100% forgiven. As such...the Foundation has recognized $392,619 of the loan proceeds as of December 31, 2021 as Paycheck Protection Program Grant Income. The Foundation applied for and was granted full forgiveness of the PPP loan on February 2, 2022." |
According to the Christopher and Dana Reeve Foundation audit of December 31, 2021 (Note 4, Investment at Cost): "At December 31, 2020 [sic], the Foundation's investments in companies that are accounted for on the cost method of accounting consist of a 16.16% investment in NRT Holdings, LLC ('NRT Holdings') and 3% investment in AXONIS Therapeutics Inc. ('Axonis'). In 2019, NRT Holdings was purchased for $1,444,060. The Foundation purchased an additional NRT Holdings investment of $297,950 during the year ended December 31, 2020. In 2021, the Foundation purchased an interest in Axonis for $250,000. "The Foundation's investments accounted for on the cost method of accounting are $1,992,010 and $1,742,010 as of December 31, 2021 and 2020, respectively." |