Gift of Adoption Fund
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Gift of Adoption Fund meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to provide grants to complete the adoptions of children in vulnerable circumstances - giving them a permanent family and the chance to thrive."
Year, State Incorporated:
1996, WI
Gift of Adoption Fund (GOAF) focuses on providing grants to families who incur costs in the process of child adoption. The organization reports that it has 27 unchartered local chapters throughout the United States.
For the year ended December 31, 2022, Gift of Adoption Fund's program expenses were:
Program services: $2,585,263
Total Program Expenses: $2,585,263
Chief Executive
Pam Devereux, Chief Executive Officer
Compensation*
$118,851
Chair of the Board
Andrew Sandquist
Chair's Profession / Business Affiliation
Vice Chairman, Newmark
Board Size
25
Paid Staff Size
9
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Print advertisements
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $3,714,040, 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 Gift of Adoption Fund's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Contributions | $2,569,914 |
| Special events, net | $1,033,629 |
| Grant application fees | $45,700 |
| Investment loss, net | $-101,769 |
| Paycheck Protection Program loan forgiveness | $110,497 |
| Total Income | $3,657,971 |
Programs: 79% Fundraising: 10% Administrative: 11%
| Total Income | $3,657,971 |
| Total expenses: | $3,290,190 |
| Program expenses | $2,585,263 |
| Fundraising expenses | $334,385 |
| Administrative expenses | $370,542 |
| Other expenses | $0 |
| Income in Excess of Expenses | $367,781 |
| Beginning Net Assets | $2,364,909 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $2,732,690 |
| Total Liabilities | $1,304,972 |
| Total Assets | $4,037,662 |
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. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance