Americares Foundation meets the 20 Standards for Charity Accountability.
Americares reports that it pursues programming in four areas: access to medicine, emergency programs, clinical services, and community health. To improve health outcomes for patients and communities, Americares increases access to quality medicine and supplies for partner hospitals, clinics and medical teams. The organization also engages in emergency response work, responding to an average of 30 natural disasters and humanitarian crises worldwide each year. Americares establishes long-term recovery projects and brings disaster preparedness programs to vulnerable communities. The organization also delivers and supports clinical services at their clinics and those of their partners to meet the most critical needs of the communities they serve. To reduce preventable illness, Americares supports, designs and implements disease prevention and health education efforts that link to treatment services at community clinics and hospitals.
For the year ended June 30, 2021, Americares Foundation's program expenses were:
| Distribution of donated medical and disaster supplies |
$1,115,912,000 |
| Other program expenses |
$160,364,000 |
| Total Program Expenses: |
$1,276,276,000 |
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Chief Executive
Christine Squires, President and Chief Executive Officer
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Compensation*
$0
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Chair of the Board
Jerry Leamon
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Chair's Profession / Business Affiliation
Former Managing Director, Deloitte
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Board Size
23
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Paid Staff Size
484
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Ms. Squires began as President and CEO in March of 2020 and BBB WGA does not have salary information on Ms. Squires at this time. Michael Nyenhuis was President and CEO during the fiscal year ended June 30, 2019 and received compensation of $495,586.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 1% of related contributions. (Related contributions, which totaled $1,243,403,000, 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 Americares Foundation's audited financial statements - consolidated for the year ended June 30, 2021.
| Source of Funds |
| Donated medical and disaster supplies |
$1,147,315,000 |
| Contributions and private grants |
$72,256,000 |
| Government grants |
$12,794,000 |
| Contributed services, facilities and freight |
$11,038,000 |
| Net investment return |
$7,349,000 |
| Other revenue |
$2,222,000 |
| Total Income |
$1,253,488,000 |
- Programs: 99%
- Fundraising: Less than 1%
- Administrative: Less than 1%
| Total Income |
$1,253,488,000 |
| Program expenses |
$1,276,276,000 |
| Fundraising expenses |
$14,134,000 |
| Administrative expenses |
$8,235,000 |
| Other expenses |
$0 |
| Total expenses: |
$1,298,645,000 |
| Income in Excess of Expenses |
$-45,157,000 |
| Beginning Net Assets |
$412,176,000 |
| Other Changes In Net Assets |
$516,000 |
| Ending Net Assets |
$367,535,000 |
| Total Liabilities |
$18,582,000 |
| Total Assets |
$386,117,000 |
Note 1: In the above financial section, "other changes in net assets" represents change in value of split interest agreements.
Note 2: For the year ended June 30, 2021, Americares reported in-kind contributions of 1,158,353,000 including donated medical and disaster supplies ($1,147,315,000) and contributed services and facilities ($11,038,000).