LIFESAVING REPORT 2018-2019

Creating a Lifesaving Nation

We invest in animal welfare organizations that make the most lifesaving impact possible. With more than $230 million invested and 6.5M animals adopted, we partner with organizations who are creating lifesaving communities across the nation.

AREAS OF IMPACT The Petco Foundation invests in organizations that have the most lifesaving impact. Through a decision-model designed to evaluate and assess organizations alongside their peers, we empower those who are the most productive and effective, and who work with a relentless determination to succeed.

Disaster Relief and Recovery Helping Heroes Pet Cancer Research & Treatment Innovation

We support organizations with funds and supplies when disaster

strikes to help save animal lives and aid in recovery.

We support the impact that service, therapy and working pet

heroes bring to their communities.

We invest in finding a cure and providing treatment for those

in need.

We support innovation that advances change and promotes new approaches to lifesaving.

It’s been a great year for saving lives! As we celebrate the Petco Foundation’s 20th anniversary, I am so proud to be part of a nationwide network of people who are passionate about creating a better world for animals.

Together with more than 4,000 animal welfare partner organizations, we are building lifesaving communities across the U.S. I believe that assessing the accountability for saving lives is a core differentiator for the Petco Foundation. The Petco Foundation analyzes the operational metrics of our animal welfare partners alongside their peers to determine the organizations that are the most productive and effective at saving lives. Under-resourced organizations like Southern Pines Animal Shelter in Hattiesburg, Mississippi or Palm Valley Animal Shelter in Edinburg, TX work tirelessly with relentless determination to save animal lives, and they are succeeding!

That’s why our donors’ support is so essential! There are people and organizations across the country who are innovating and saving lives every single day—it’s our goal to find these organizations and to empower them to make big things happen for animals. We’ve done just that for 20 years, and we look forward to continuing to build a lifesaving nation as we look toward our next 20!

All for love,

Susanne KogutPresidentPetco Foundation

KC PET PROJECT Kansas City, MO$1M to this animal welfare organization with a track record of working to create a lifesaving community in Kansas City and the surrounding area.

WILLIAMSON COUNTY REGIONAL ANIMAL SHELTER Georgetown, TX$900k to this high-intake shelter saving lives near Austin, Texas.

PALM VALLEY ANIMAL CENTER Edinburg, TX$1M to an under-resourced organization, with an annual intake of 40,000 animals, that is working to make a big lifesaving difference in its community.

YOUNG-WILLIAMS ANIMAL CENTER Knoxville, Tennessee$750k to help achieve their lifesaving goals in Tennessee.

INVESTING TO SAVE ANIMAL LIVES

The Petco Foundation supports the incredible organizations that train and support animals whose service improves the lives of hundreds of thousands of people each and every day.

The Foundation places a special emphasis on organizations which obtain pets from shelters and transform them into Helping Heroes. Some of the amazing animal heroes served by these investments include:

Stryker, an adopted service dog trained by K9s for Warriors, who helps veteran, Jennifer, overcome symptoms of PTSD.

Jake, a former shelter dog, who was trained by the National Disaster Search Dog Foundation as a search and rescue canine.

Xeli, an adopted cat that was certified as a therapy pet and now helps calm travelers at the Denver International Airport.

HELPING HEROES The Petco Foundation has given more than $12 million to support the heroic work of service, therapy and working animals.

Stryker with handler Jennifer

DELIVERING TO SHELTER PETS This spring more than 21,000 adopters joined together to celebrate the love that adopting a shelter pet brings to your life. Together they created the world’s largest virtual valentine for shelter pets and the people who love them.

The shelter valentine was delivered to organizations across the country, culminating in surprise grant investment deliveries to 16 organizations and $14 million invested nationwide to save animal lives across the country!

4

The highest possible rating based on financial accountability and transparency

7invested in lifesaving animal welfare work across the country

since 1999

$260 million

6.5 million pets adopted since 1999

lifesaving heroes honored at Petco

Foundation’s Lifesaving Awards

stars from Charity Navigator

Thousands of adopters from across the United States shared personal accounts of how their adopted pets changed their lives in the sixth annual Holiday Wishes campaign.

The Petco Foundation selected 51 winning stories and delivered $755,000 in grant awards to adoption organizations including one $100,000 grand prize, and a series of finalist awards ranging from $5,000 to $50,000.

The 2018 winning stories range from funny to inspiring to heartwarming. A few may even evoke a tear, but every one is a unique example of how the love of a pet can change everything. Annagrace’s grand prize winning story won $100,000 for Justin Bartlett Animal Rescue in Florida. In her story, Annagrace describes how Auggie helped her heal after a shooting at her high school.

Holiday Wishes award celebrations took place across the country, in tandem with an online People’s Choice Contest which gave the public the opportunity to vote for their favorite story to award even more lifesaving funds.

SHARING HOW THE LOVE OF AN ADOPTED PET CHANGES LIVES!

The Innovation Showdown is a collaborative project with a goal to spark lifesaving creativity to help the animal welfare industry reduce the number of animals euthanized in the U.S.

Dallas Animal Services ($200,000 investment): Customer service system that utilizes an app and two-way video communication to streamline the adoption process.

Day of the Dogs ($175,000 investment): First ever donation collection platform dedicated to preventing euthanasia of animals in shelters across the country by harnessing the power of crowd-funding.

Front Street Animal Shelter ($75,000 investment): Doggydate.org is an automated scheduling technology that enables individuals to seamlessly “check out” a shelter dog for a day.

INNOVATION SHOWDOWN Petco Foundation partnered with top animal welfare leaders to award $450,000 in live shark-tank style Innovation Showdown.

EVERY DONATION MAKES AN IMPACTSTATEMENT OF FINANCIAL POSITION FOR THE YEARS ENDED MAY 5, 2018 AND MAY 4, 2019

ASSETS

Cash and Cash Equivalents

Receivables from Petco Animal Supplies Stores, Inc.

Short Term Investments, at Fair Value

Other Receivables

Prepaid Expenses

Long-term Investments, at Fair Value

Mission Related Investment

Total Assets

LIABILITIES AND NET ASSETS

Liabilities

Accounts Payable and Accrued Expenses

Due to Petco Animal Supplies Stores, Inc.

Mission Related Investment

Deferred Revenue

Total Liabilities

$351,984

$334,757

$1,500,000

$78,975

$2,265,716

$899,298

$363,707

-

-

$1,263,005

Net Assets

Net Assets Without Donor Restrictions

Net Assets With Donor Restrictions

Total Net Assets

Total Liabilities and Net Assets

$14,639,491

-

$14,639,491

$16,121,415

$200,000

$16,321,415

$16,905,207$17,584,420

MAY 2019$2,834,261

$2,633,868

$342,192

$820,430

$269,871

$8,286,744

$2,397,054

$17,584,420

MAY 2018$3,446,229

$2,679,546

-

$198,018

$417,000

$7,486,971

$2,677,443

$16,905,207

MAY 2019 MAY 2018

CHANGES IN NET ASSETS

Support and Revenue

Unrestricted Contributions from Individuals and Corporations

Restricted Contributions from Individuals and Corporations

Total Contributions

Royalty Revenue

Interest Income

Net Investment Return

Loss from Mission Related Investment

Total Support & Revenue

-

$21,916

$655,958

($322,557)

$36,923,365

$545,957

$31,720

$806,992

($280,389)

$36,769,427

Special Events

Revenue

Expense

Net Special Events Revenue

$1,584,635

($764,087)

$820,548

$1,758,809

($958,997)

$799,812

MAY 2019

$33,825,156

$200,000

$34,025,156

EXPENDITURES

Program Activities

Supporting Activity: Fundraising

Supporting Activity: Management and General

Total Supporting Activities

Total Expenditures

MAY 2019$32,761,591

$1,694,500

$631,412

$2,325,912

$35,087,503

MAY 2018$31,864,066

$1,734,764

$833,774

$2,568,538

$34,432,604

MAY 2018

$34,583,115

-

$34,583,115

Change in Net Assets

Net Assets, Beginning of Year

Net Assets, End of Year

$1,681,924

$14,639,491

$16,321,415

$2,490,761

$12,148,730

$14,639,491

Merchandise

Revenue

Expense

Net Merchandise Revenue

$950,543

($131,100)

$819,443

$1,354,634

($169,513)

$1,185,121

EVERY DONATION MAKES AN IMPACTSTATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS

FOR THE YEARS ENDED MAY 5, 2018 AND MAY 4, 2019

petcofoundation.org

654 Richland Hills DriveSan Antonio, Texas 78245

210-201-9390

Susanne KogutPresident

Justin TichyChair

Judith MuñozVice Chair

Michael PetersonSecretary

Paul RamakerTreasurer

Paula Fasseas

Tariq Hassan

Peggy Hillier

Daymond John

Kevin Manion

Charlie Piscitello

Kailas Rao

Warren Rickard

Rich Segal

Marcie Whichard

Anna Gerhart Financial Planning Analyst

Bill Gialenes Regional Field Program Mgr.

Caroline Childress Mgr. Finance Planning & Analysis Chuck Kim Special Project Mgr.

Courtney Cunningham Lifesaving Partner Relations Specialist

Denise VargasSr. Financial Analyst

Jennifer Perez Communication Specialist

Joanna Randazzo Mgr. Grants Administration

John Sierra Regional Field Program Mgr.

Karen Meader Regional Field Program Mgr.

Katherine Steere Accounting Analyst

Lisa Lane Director, Development & Marketing

Mary Ann Magaña Grants Mgr.

Rachel McKelvey Webb Mgr. Marketing & Events

Rachel WallaceDevelopment Specialist

René Moreno Mgr. National Field Program

Roxanne Ramirez Foundation Grants Assistant

Stacey Welsh Multimedia & Visual Comm Specialist

Susanne Kogut President

Taylor Martin Mgr. Communications & Content

Travis Laveault Digital Marketing Mgr.

Victoria Adelina CortinasMarketing & Event Specialist

Wendy Fontaine Regional Field Program Mgr.

Board of Directors Fiscal Year 2018-2019

Petco Foundation Team

@petcofoundation#petcofamily