March of Dimes Foundation meets the 20 Standards for Charity Accountability.
Complaints
Number of complaints processed by the BBB in the last 36 months: 3
The organization addressed the complaint issues brought to its attention: 3
(These complaints involved mailing and telemarketing list removal).
March of Dimes Foundation (MODF) works to reduce premature birth in the United States and to give every baby a fair chance for a healthy full-term birth. The organization educates medical professionals and the public about best practices through its Prematurity Campaign. It supports lifesaving research through grants and six Prematurity Research Centers. The NICU Family Support program provides comfort and support to families in neonatal intensive care unit. The organization advocates at the federal, state, and local level to promote health equity by addressing social determinants of health, structural racism and bias so every pregnancy and every baby can be healthy. Some ($11,436,000 or 12%) of MODF's program activities are carried out in conjunction with fundraising appeals.
For the year ended December 31, 2019, March of Dimes Foundation's program expenses were:
| Community services |
$60,535,000 |
| Research and medical support |
$21,435,000 |
| Public and professional education |
$13,439,000 |
| Total Program Expenses: |
$95,409,000 |
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Chief Executive
Stacey Stewart, President and CEO
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Compensation*
$562,933
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Chair of the Board
Monica Luechtefeld
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Chair's Profession / Business Affiliation
Former Executive Vice President, Office Depot
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Board Size
16
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Paid Staff Size
1035
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Door-to-door appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
MODF incurred joint costs of $20,255,000 for informational materials and activities that included fundraising materials. Of those costs $11,436,000 was allocated to program expenses, $5,127,000 was allocated to fundraising expenses, and $3,692,000 was allocated to administrative expenses.
Fundraising costs were 16% of related contributions. (Related contributions, which totaled $121,660,000, 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 March of Dimes Foundation's audited financial statements for the year ended December 31, 2019.
| Source of Funds |
| Campaign contributions and sponsorships, net |
$90,426,000 |
| Corporate contributions |
$17,884,000 |
| Major gifts and other contributions |
$4,775,000 |
| Investment return, net |
$3,330,000 |
| Bequests |
$3,196,000 |
| Contributed materials and services |
$3,007,000 |
| Government, foundation, and corporate grants |
$2,372,000 |
| Program service revenue |
$802,000 |
| Other |
$690,000 |
| Total Income |
$126,482,000 |
- Programs: 75%
- Fundraising: 16%
- Administrative: 9%
| Total Income |
$126,482,000 |
| Program expenses |
$95,409,000 |
| Fundraising expenses |
$20,262,000 |
| Administrative expenses |
$12,710,000 |
| Other expenses |
$0 |
| Total expenses: |
$128,381,000 |
| Income in Excess of Expenses |
$-1,899,000 |
| Beginning Net Assets |
$-12,431,000 |
| Other Changes In Net Assets |
$6,440,000 |
| Ending Net Assets |
$-7,890,000 |
| Total Liabilities |
$80,448,000 |
| Total Assets |
$72,558,000 |
Note 1: According to MODF’s 2019 audited financial statements, the organization received in-kind contributions of $3,007,000 in the form of donated services, equipment, and travel.
Note 2: In the financial section above, "Other Changes in Net Assets" refers to a gain on disposal of assets ($8,409,000), net increase in fair value of assets held in trust by others ($1,263,000), loss on termination of perpetual trust (-$360,000), and pension and postretirement costs (-$2,872,000).