Financial Efficiency
Beckstrand Cancer Foundation is a 501(c)(3) nonprofit organization that gained its tax exempt status in 1974. The Foundation is compliant with not-for-profit accounting and reporting principles generally accepted by the United States of America. In its most recent 990, it was revealed that eighty percent of every dollar goes directly to patient programs, and operating and fundraising expenses are kept to within twenty percent.
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Famous quotes containing the words financial and/or efficiency:
“For the merchant, even honesty is a financial speculation.”
—Charles Baudelaire (1821–1867)
“I’ll take fifty percent efficiency to get one hundred percent loyalty.”
—Samuel Goldwyn (1882–1974)