Thoughts on Money, Investing and Life

Big Brothers/Big Sisters of America is one of the perennially popular organization.  It’s hard to disagree with the goal of pairing up young boys and girls in troubled situations with adult mentors.  Heck, they were even the subject of an episode of The Simpsons; you can’t get more culturally relevant than that.  With that, let’s take a closer look at the organization.

Charity: Big Brothers/Big Sisters of America (BBBSA)

Website: www.bbbsa.org

Organization: Big Brothers/Big Sisters is an independent 501(c)(3) organization.  Contributions are deductible from taxable income according to IRS guidelines.

Goals: Big Brothers/Big Sisters matches up low income or at risk kids with caring adult mentors for one-on-one support.  Providing adult mentors lowers the risk of drug or alcohol use and encourages school attendance.

Classification: The NTEE classification on Guidestar lists Big Brothers/Big Sisters as a Children’s and Youth Services charity.

BBB Report:  Big Brothers/Big Sisters of America meets all twenty Standards for Charity Accountability as set out by the BBB.  These standards ensure that there is adequate oversight, methods of measuring effectiveness, use most of the finances toward charitable purposes and engage in proper fundraising.

Expenses: As noted by the Better Business Bureau, Big Brothers/Big Sisters spends 6% of its budget on fund raising and 4% of its budget on administrative expenses.  It brought in $27 million dollars during 2007.

You can donate to Big Brothers/Big Sisters here.

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