Pearl S. Buck International meets the 20 Standards for Charity Accountability.
Child Sponsorship
PSBI reports that its child sponsorship program serves vulnerable children in Cambodia, China, Kenya, the Philippines, Thailand, and Vietnam. The children PSBI serves suffer from poverty, malnutrition, disease, and/or lack of education. PSBI reports that sponsorship provides nutrition, medical care, education, school supplies, and/or psychosocial programs that help children survive. Sponsors are encouraged to send letters and may also send gifts to their sponsored child. Sponsorship is $360 per year and can be contributed annually, semi-annually, quarterly or monthly. The program is reflected in PSBI's financials as International Programs.
Pearl S. Buck International (PSBI) operates three program areas: cultural programs, international programs, and the Pearl S. Buck House. The organization's cultural programs offer opportunities for international exchange, cultural awareness, and diversity appreciation. Their international programs work with affiliate and partner agencies to deliver health care, education, and psycho-social support to children and their families. Lastly, the Pearl S. Buck House serves to educate the public and develop cross-cultural appreciation, opportunities for children and families, and worldwide partnerships.
For the year ended June 30, 2021, Pearl S. Buck International's program expenses were:
International programs |
$764,020 |
Pearl S. Buck House |
$714,284 |
Cultural programs |
$162,445 |
Total Program Expenses: |
$1,640,749 |
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Chief Executive
Anna Katz, President and Chief Executive Officer
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Compensation*
$99,884
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Chair of the Board
Mateen Afzal
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Chair's Profession / Business Affiliation
President and Chief Transformation Officer, PDC Machines, Inc.
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Board Size
15
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Paid Staff Size
18
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: Jill Reeder, Deputy Executive Officer, was the highest paid employee, receiving $113,088 in compensation.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)
Fundraising costs were 8% of related contributions. (Related contributions, which totaled $1,446,067, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Pearl S. Buck International's audited financial statements for the year ended June 30, 2021.
Source of Funds |
International program |
$654,711 |
General contributions |
$467,455 |
Grants and contracts |
$257,000 |
Rental |
$97,071 |
Special events, net |
$60,941 |
Other |
$25,198 |
Investment income, net |
$14,016 |
Consulting |
$9,437 |
Pearl S. Buck House tours |
$8,182 |
Membership |
$5,960 |
Cultural tours |
$210 |
Total Income |
$1,600,181 |
- Programs: 89%
- Fundraising: 6%
- Administrative: 5%
Total Income |
$1,600,181 |
Program expenses |
$1,640,749 |
Fundraising expenses |
$109,754 |
Administrative expenses |
$107,012 |
Other expenses |
$0 |
Total expenses: |
$1,857,515 |
Income in Excess of Expenses |
$-257,334 |
Beginning Net Assets |
$2,338,948 |
Other Changes In Net Assets |
$12,521 |
Ending Net Assets |
$2,094,135 |
Total Liabilities |
$1,043,856 |
Total Assets |
$3,137,991 |
Note: As noted in the above financial section, "other changes in net assets" refers to an increase in value of split-interest agreements.