BBB Wise Giving Report for
Oxfam America
BBB Wise Giving report issued June 2006.
BBB Wise Giving report expires June 2008.
This BBB Accredited charity meets all 20 Standards for Charity
Accountability and is a Seal Holder. Find out more...
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Oxfam America (Oxfam) meets the 20 Standards for Charity Accountability.
In March 2006, Oxfam publicly announced that it was launching an
investigation into allegations of fraud at two of its Indonesia-based
offices that assisted in tsunami relief and recovery work. Oxfam
reports that the investigation uncovered evidence of losses amounting
to $22,000, of which $20,000 has been recovered. As reported, the
fraudulent activities involved discrepancies between amounts paid to
suppliers for goods and the quantity of goods delivered. In view of the
small amounts involved and the fact that Oxfam has indicated it has
taken steps to improve its oversight of these operations, this matter
does not impact the above evaluation conclusion. |
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In six regions - South America; Central America; East Asia; Southern
Africa; West Africa; and the United States - Oxfam responds to
emergencies and funds projects that help impoverished and
disenfranchised people to recover from humanitarian disasters, improve
their livelihoods, defend their rights, and influence major decisions
affecting their communities. Local projects focus on areas such as
small business development, sustainable natural resource management,
and promoting the rights of women, indigenous peoples and low-wage
workers. In addition to giving financial support, Oxfam collaborates
with regional partners to strengthen their capacity, providing
training, technical assistance and vehicles for networking and
learning. Oxfam joins forces with other non-governmental organizations
on campaigns that address concerns of poor communities around the
world, and produces a variety of research reports, briefing papers and
other educational materials on issues relating to poverty and
international development. Oxfam lobbies to support long-term,
self-help development efforts in developing countries and to increase
responsiveness to political and humanitarian appeals. Oxfam funds
research projects on subjects such as debt reduction and gender
policies in an effort to develop informational reports to present to
Congress and the government. Oxfam also offers leadership training to
U.S. college students entering their sophomore or junior year, along
with the opportunity to participate in the CHANGE Initiative program.
Oxfam's annual Fast for a World Harvest promotes awareness of world
hunger. The organization also publishes a magazine, "Exchange," three
times a year, which features articles and updates about projects and
advocacy activities. Some ($715,000 or 12%) of Oxfam's public education
program is conducted in conjunction with its fund raising appeals.
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For the fiscal year ended October 31, 2005, Oxfam's program expenses were:
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Humanitarian relief and rehabilitation
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24,737,000
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Regional programs
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16,808,000
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Public education
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5,728,000
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Policy and advocacy
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2,882,000
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Total Program Expenses:
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$50,155,000
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Chief Executive : Raymond Offenheiser, President
Chair
of the Board: Janet McKinley
Chair's Profession / Business Affiliation: Retired Investment Manager
Board
Size: 19
Paid Staff Size: 213
| *November
1, 2003 - October 31, 2004 compensation includes annual salary and, if
applicable, benefit plans, expense accounts, and other allowances. |
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Method(s) Used:
Direct mail,
telemarketing, print advertisements, grant proposals, planned giving,
cause-related marketing, membership appeals and Internet appeals
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| Fund
raising costs were 9% of related contributions. (Related contributions,
which totaled $77,611,000, are donations received as a result of fund
raising activities.) |
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| Oxfam
incurred joint costs of $757,000 for informational activities and
materials that included fund raising appeals. Of those costs, $715,000
was allocated to program expenses, and $42,000 was allocated to fund
raising expenses. |
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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.
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following information is based on Oxfam's audited financial statements
(combined with OAAF) for the fiscal year ended October 31, 2005. |
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Source of Funds
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Contributions
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77,611,000
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Investment income
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1,402,000
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Other
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285,000
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Total Income
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$79,298,000
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Uses of Funds as a % of Total Expenses
Use your mouse to place the cursor over the the Pie Chart to see each value
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Programs: 84%
Fund Raising: 12%
Administrative: 4%
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| Total income |
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$79,298,000 |
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Program expenses |
$50,155,000 |
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Fund raising expenses |
7,298,000 |
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Administrative expenses |
2,576,000 |
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| Total expenses |
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$60,029,000 |
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| Income in Excess of Expenses |
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19,269,000 |
| Beginning net assets |
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33,449,000 |
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| Ending net assets |
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52,718,000 |
| Total liabilities |
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6,596,000 |
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| Total assets |
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$59,314,000 |
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Note 1: Oxfam established the Oxfam America Advocacy
Fund (OAAF) in 2005. OAAF is an advocacy organization created to foster
an environment supportive of long-term development and to serve as an
advocate and lobbyist for change in global public policy on poverty and
social justice. OAAF promotes policy change at the national and
international level and produces educational materials for the U.S.
public on these same issues. Oxfam is the sole member of OAAF.
Note 2: The above financial summary includes contributions
($30,000,000) and humanitarian relief and rehabilitation program
expenses ($21,332,000) that were designated for South East Asia
Earthquake (Tsunami) relief.
An organization may change its practices at
any time without notice. A copy of this report has been shared with the
organization prior to publication. It is not intended to recommend or
deprecate, and is furnished solely to assist you in exercising your own
judgment. The name Better Business Bureau is a registered service mark of the
Council of Better Business Bureaus, Inc.
This report reflects the results of an evaluation of
informational materials provided voluntarily by the organization. A copy of
this report has been shared with the organization prior to publication. It is
not intended to recommend or deprecate, and is furnished solely to assist you
in exercising your own judgement. The name Better Business Bureau is a
registered service mark of the Council of Better Business Bureaus, Inc.
This report is not to be used for fund raising or promotional
purposes.
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