Better Business Bureau Report for
Mothers Trust Foundation

Better Business Bureau Report issued March 2014
Better Business Bureau Report expires March 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Mothers Trust Foundation
Address: 400 E. Illinois Road
  Lake Forest, IL 60045
Phone: 847-482-9189
Web Address: www.motherstrustfoundation.org
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Better Business Bureau Comments

Year, State Incorporated: 1997, Illinois
Affiliates: None
Stated Purpose: Mothers Trust Foundation is a non-profit organization supporting social service providers by offering assistance to children in need in Lake County, Illinois. They make benefits and opportunities available which cannot be obtained from other sources.

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Evaluation Conclusions

              

Mothers Trust Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

Their goal is to assist disadvantaged children in trouble or crisis, raise awareness of children's needs, link needs with community resources and provide opportunities for volunteers to be involved.

For the fiscal year ended December 31, 2012, Mothers Trust Foundation's program expenses were:

  
Total Program Expenses: $
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Governance

              

Chief Executive : Cheryl Richardson, Executive Director
Compensation*: 
$51,500

Chair of the Board: Julie Wendorf
Chair's Profession / Business Affiliation: Retired School Social Worker

Board Size: 16

Paid Staff Size: 6

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $365,673, are donations received as a result of fund raising activities.)
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Tax Status

              

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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Financial

              

The following information is based on Mothers Trust Foundation's audited financial statements for the fiscal year ended December 31, 2012.

Source of Funds  
Corporations & Foundations 147,848
Special Events 100,325
Individual 47,924
Governments 24,173
Community Organizations 18,350
Churches 17,100
United Way 9,953
Investment and other income 1,133
Total Income $366,806


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Uses of Funds as a % of Total Expenses

Programs: 69%  Fund Raising: 22%  Administrative: 9% 

Total income $366,806
Program expenses $230,185
Fund raising expenses 71,142
Administrative expenses 28,105
Total expenses $329,432
Income in Excess of Expenses 37,374
Beginning net assets 109,300
Ending net assets 124,752
Total liabilities 3,011
Total assets $127,763


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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 BBB 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 Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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