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Top Rated

United States Fund for UNICEF

CharityWatch report issued
October 2021

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

Contact Information

United States Fund for UNICEF
125 Maiden Ln.
10th Floor
New York, NY 10038

Other Names

UNICEF USA Impact Fund for Children

Tax Status


Stated Mission

To support programs through fundraising, advocacy and education that provide lifesaving medicines, better nutrition, clean water, quality basic education and emergency relief to children, women and communities in over 190 countries and territories; partners, in coordination and planning, with voluntary agencies engaged in child relief to create a better world for children.

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Data based on Fiscal Year Ended 06/30/2020

Program Percentage: 84%

The percentage of United States Fund for UNICEF's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).


Calculated Total Expenses



Cost to Raise $100: $12

How many dollars United States Fund for UNICEF spends on fundraising to raise each $100 of contributions.


Calculated Total Contributions


Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources


Financial Documents

Entity Document Type Tax ID
United States Fund for UNICEF & Affiliates Audited Consolidated Financial Statements Multiple
United States Fund for UNICEF IRS Form 990 13-1760110
UNICEF USA Impact Fund for Children IRS Form 990 20-3287404
Entity: United States Fund for UNICEF & Affiliates
Document Type: Audited Consolidated Financial Statements
Tax ID: Multiple
Entity: United States Fund for UNICEF
Document Type: IRS Form 990
Tax ID: 13-1760110
Entity: UNICEF USA Impact Fund for Children
Document Type: IRS Form 990
Tax ID: 20-3287404

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?
United States Fund for UNICEF
meets governance benchmarks.
United States Fund for UNICEF
meets transparency benchmarks.
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 Opt-Out Policy  

  Name Title Compensation
1 Caryl M. Stern Past President/CEO $984,406
2 Edward G. Lloyd Past President, Impact Fund $549,490
3 Samuel Barron Segar Senior VP, Development $485,721
Name: Caryl M. Stern
Title: Past President/CEO
Compensation: $984,406
Name: Edward G. Lloyd
Title: Past President, Impact Fund
Compensation: $549,490
Name: Samuel Barron Segar
Title: Senior VP, Development
Compensation: $485,721

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 United States Fund for UNICEF also includes the financial activities of the entities consolidated in the Fund's audited financial statements for the fiscal year ended June 30, 2020.

According to the United States Fund for UNICEF fiscal 2020 consolidated audit (Note 1(a), Principles of Consolidation):

"The accompanying [audited] consolidated financial statements include the United States Fund for UNICEF (Fund) and affiliates, UNICEF USA Impact Fund for Children Inc (IF4C) (Formerly United States Fund for UNICEF In-Kind Assistance Corporation (USF-IKAC)), and Bridge Fund Grant Assistance Corporation (BF-GAC)... The Fund is the sole voting member of IF4C and BF-GAC and elects their boards of directors."

According to the United States Fund for UNICEF fiscal 2020 consolidated audit (Note 1(b), Nature of Activities):

"IF4C is a not-for-profit organization...organized to support the Fund by facilitating the contribution and distribution of in-kind donations and by operating and administering the Bridge Fund and other impact investment funds and alternative financing vehicles and mechanisms to advance the health, education, and welfare of children throughout the world.

"BF-GAC is a not-for-profit organization...[chartered] to receive contributions and other financial support and give grants to international charitable organizations to be used by such organizations to benefit children throughout the world.

"IF4C and BF-GAC operate exclusively for the benefit of and to perform specific functions of the Fund for charitable and educational purposes."

According to the United States Fund for UNICEF tax filing for the fiscal year ended June 30, 2020, UNICEF received donated in-kind contributions on which it placed a total value of approximately $143.6 million, including approximately $141.3 million of donated drugs and medical supplies (IRS Form 990, Schedule M).

[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 United States Fund for UNICEF (the Fund) consolidated audit of June 30, 2020 (Note 7(b), Long-Term Debt, Loans Payable):

"On April 28, 2020, the Fund received a $6,583,900 loan for the Paycheck Protection Program (PPP). The proceeds from the loan were used to pay payroll, rent and utilities. This loan was outstanding at June 30, 2020 and could be forgiven if certain conditions are met."

According to the United States Fund for UNICEF (the Fund) consolidated audit of June 30, 2020 (Note 12, Subsequent Events):

"In connection with the preparation of the [audited] consolidated financial statements, the Fund evaluated events after the consolidated balance sheet date of June 30, 2020 through November 16, 2020, which was the date the consolidated financial statements were available to be issued. The Fund invests in various investment securities and relies on fundraising to support its operations. The spread of coronavirus (COVID-19) around the world in 2020 has caused substantial volatility in U.S. and international markets. There is significant uncertainty around the breadth and duration of business disruptions related to COVID-19, as well as its impact on the U.S. and international economies and, as such, the Fund is unable to determine if it will have a material impact to its consolidated financial position and changes in net assets in the future."

According to the United States Fund for UNICEF tax filing for the fiscal year ended June 30, 2020, UNICEF includes in its reporting for Compensation Information re: Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees, "Bonus & incentive compensation" paid to five individuals, including $212,500 paid to Caryl M. Stern, President/CEO/Director (through 2/3/2020). Her reported total compensation in calendar year 2019 is $984,406. The other four "Bonus & incentive compensation" amounts range from $25,000 to $10,000 (IRS Form 990, Schedule J, Part II).