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Top Rated

CDC Foundation

CharityWatch rating issued
May 2024

Top-Rated Charity
A+
CharityWatch Rating
Our independent rating based
on a number of factors.
 
92%
Program Percentage
Amount spent on programs
relative to overhead.
 
$5
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

CDC Foundation
600 Peachtree St NE
Ste 1000
Atlanta, GA 30308

Other Names

National Foundation for the Centers for Disease Control & Prevention

Tax Status

501(c)3

Stated Mission

Helps the Centers for Disease Control and Prevention (CDC) do more, faster by forging effective partnerships between CDC and others to fight threats to health and safety.

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Data based on Fiscal Year Ended 06/30/2023

Program Percentage: 92%

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

$291,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $5

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

$72,000,000

Calculated Total Contributions

(rounded)

Government Funding

50% to 100%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
CDC Foundation IRS Form 990 58-2106707
CDC Foundation Audited Financial Statements 58-2106707
Entity: CDC Foundation
Document Type: IRS Form 990
Tax ID: 58-2106707
Entity: CDC Foundation
Document Type: Audited Financial Statements
Tax ID: 58-2106707

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?
 
CDC Foundation
meets governance benchmarks.
 
CDC Foundation
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 Judith Monroe President / CEO $555,385
2 Monique Patrick COO $349,975
3 Lisa Waddell Past CMO $328,242
1
Name: Judith Monroe
Title: President / CEO
Compensation: $555,385
2
Name: Monique Patrick
Title: COO
Compensation: $349,975
3
Name: Lisa Waddell
Title: Past CMO
Compensation: $328,242

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 CDC Foundation (CF) audit of June 30, 2023 (Note 1, Description of the Organization):

"The National Foundation for the Centers for Disease Control and Prevention, Inc. (the Foundation) is a foundation that was formed by Federal law, incorporated as a Georgia non-profit organization in 1993, and began operations in 1995. The Foundation, while a separately incorporated organization, synergistically works with the Centers for Disease Control and Prevention (CDC) to forge effective partnerships by connecting people, resources, and ideas to fight threats to health and safety. The Foundation's vision to improve the health and well-being of all people by substantially enhancing the impact of the CDC and the public health system..."

According to the CDC Foundation (CF) audit of June 30, 2023 (Note 12, Contributed Nonfinancial Assets):

CF received contributed nonfinancial assets during the fiscal year-ended June 30, 2023, on which it placed a total value of $5,334,948. Of this amount, $132,000, $5,010,163, and $192,785 was attributed to "Services," "Internet advertising and public health education, and "Program supplies," respectively. 

[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 CDC Foundation (CF) audit of June 30, 2023 (Note 11, Grants with the CDC (Related Party Transactions)):

"In addition to other funding the Foundation raises to extend CDC's work, the Foundation is also eligible to apply for and receive grants from the Federal government, including a $1,250,000 operating grant received annually from the CDC. Additionally, during the years ended June 30, 2023 and 2022, the Foundation received grant awards from CDC totaling approximately $151,100,000 and $172,800,000, primarily to fund Foundation programs aimed at responding to the COVID-19 pandemic as well as programs aimed at opioid addiction prevention. The CDC also has authority to accept gifts from the Foundation. During the years ended June 30, 2023 and 2022, the Foundation provided funding to the CDC totaling approximately $13,500,000 and $7,500,000, respectively."

According to the CDC Foundation (CF) audit of June 30, 2023 (Note 14, Commitments and Contingencies, Payment of Project Funds):

"The Foundation disburses some of its project funds as cost reimbursement grants with third party service providers. ...the disbursement of funds, and recognition of revenue by the Foundation is generally contingent upon the service provider properly expending and documenting eligible expenditures. Project disbursements for these grants are not accrued by the Foundation until these conditions are met by the service provider. Cost reimbursement grants expected to be funded by the Foundation as project costs in future years totaled approximately $30,700,000 and $100,125,000 at June 30, 2023, and 2022, respectively."

According to the CDC Foundation (CF) audit of June 30, 2023 (Note 15, Concentrations of Credit Risk):

"Throughout the year, the Foundation maintains bank deposits in excess of Federal Deposit Insurance Corporation (FDIC) coverage limits. Uninsured cash balances aggregated approximately $22,000,000 and $38,000,000 at June 30, 2023 and 2022, respectively. Management of the Foundation has evaluated and accepted the risk associated with uninsured cash balances.

Contributions receivable from Federal grants awarded by the CDC represented approximately 18% and 28% of total contributions receivable at June 30, 2023 and 2022, respectively, and contributions revenue from Federal grants awarded by the CDC represented approximately 54% and 67% of total revenue for the years ended June 30, 2023 and 2022, respectively."

According to the CDC Foundation (CF) tax filing for the fiscal year ended June 30, 2023, CF reports re: Compensation, Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (IRS Form 990, Schedule J, Part II):

CF reports providing "bonus & incentive compensation" during 2022 to fourteen individuals. Judith Monroe, President & CEO, received $82,000 of bonus and incentive compensation, with a total reported compensation of $555,385. The remaining thirteen individuals received $4,500 to $12,000 with total compensation ranging from $183,026 to $349,975. 


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