MiracleFeet

According to the MiracleFeet consolidated audit of June 30, 2018 (Notes re: Concentrations):

"Contributions from four nonprofit organizations represent approximately 67% and 75% of total contributions for the years ending June 30, 2018 and 2017, respectively..."

According to the MiracleFeet consolidated audit of June 30, 2018 (Notes re: Conditional Promises to Give):

"In April 2017, a foundation promised to give the Organization $5,000,000 in unrestricted funds in five equal annual payments. Under the terms of the award, the first three years represent an unconditional promise to give, while the final two years, totaling $2,000,000, are subject to substantial uncertainty and are consequently conditional promises to give. Therefore, as of June 30, 2018, only $3,000,000 of this grant has been recognized."

According to the MiracleFeet consolidated audit of June 30, 2018 (Notes re: Subsequent Events):

"... [T]he Organization completed a purchase agreement, paying $845,509 for mission-related assets from a nonprofit organization [WonderWork]. As a part of the agreement, they received a program-restricted grant totaling $2,562,148."

According to a Chapter 11 bankruptcy disclosure statement filed with the U.S. Bankruptcy Court, Southern District of New York, the funds received by MiracleFeet are "restricted to the treatment of clubfoot which shall be used in a manner consistent with the charitable purpose for which such Restricted Funds were contributed to [WonderWork]..."