Financial Statements
How does Child Foundation use your donations?
Child Foundation takes enormous pride in making sure that the funding we receive from our sponsors and donors is used in an optimal manner. In the 2010-2011 fiscal year, ending May 31, 2011, our overhead operating costs were kep at approximately 14%. This means that 86% of your donations were used to support our children's programs.
Since 1998, Child Foundation has been a member of Guidestar, the National Database of Non-Profit Organizations. Guidestar currently has a membership of 1.5 million organizations and provides viewers with detailed information about nonprofit organizations.
You can view Child Foundation's audited Financial Statements, as well as other detailed information, on our website or by visiting:www.Guidestar.org and searching for "Child Foundation, USA", using the SEARCH engine on that website.
View Child Foundation's 2010-2011 Annual Report. (These statements are in PDF format and require the free Adobe Acrobat Reader application. If it is not installed on your computer, please download it.)
Prior Financial Statements:
- Child Foundation Fiscal Year (2011-2012) Most Recent IRS 990 Form
- Child Foundation Fiscal Year (2010-2011) IRS 990 Form
- Child Foundation Financial Report Fiscal Year (2010-2011)
- Child Foundation Financial Statements Fiscal Year (2009-2010)
- Child Foundation Fiscal Year 990 Report (2009-2010)
- Financial Statements Fiscal Year (2008-2009)
- Child Foundation's IRS Form 990 Fiscal Year 2008 (2008-2009)
- Child Foundation’s IRS Form 990 Fiscal Year 2007 (2007-2008).
- Child Foundation's Financial Statements Fiscal Year 2007 (2007-2008)
- Child Foundation’s Financial Statements Fiscal Year 2006 (2006-2007)
- Child Foundation's IRS Form 990 Fiscal Year 2006 (2006-2007)
*Child Foundation USA does not have any financial transactions with any entities in Iran. All donations received from our donors and sponsors are being used to purchase bulk food items obtained outside of Iran, primarily from North America. Food distribution to the sponsored children is carried out by a local NGO inside Iran.
Child Foundation has learned that one of the most effective ways of helping children is to combine the donations of our sponsors so that we can purchase food and other essential supplies in bulk. Thus, your donation may not be provided directly to your sponsored child. This system not only allows us to comply with federal regulations, but also allows Child Foundation to provide benefits to even more children than the small number who are fortunate enough to have a sponsor like you.