Better Business Bureau Report for
The Cradle Foundation

Better Business Bureau Report issued January 2016
Better Business Bureau Report expires January 2018


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: The Cradle Foundation
Address: 2049 Ridge Avenue
  Evanston , IL 60201
Phone: 847-475-5800
847-733-3232
Web Address: www.cradle.org
Also known as:The Cradle Foundation
The Cradle
Back To Top

Better Business Bureau Comments

Formerly known as:The Cradle Foundation

Year, State Incorporated: 2003, Illinois
Affiliates: None
Stated Purpose: The Cradle's mission is to benefit children and all others touched by adoption - by compassionately delivering exceptional education, guidance and lifelong support to build, sustain and preserve nurturing families.

Back To Top

Evaluation Conclusions

              

The Cradle Foundation does not meet the following 3 Standards for Charity Accountability.

Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

The Cradle Foundation does not meet this Standard because:

  • The board of directors did not hold a minimum of three evenly spaced meetings in the past fiscal year.

Standard 6: Board Policy on Effectiveness - Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

The Cradle Foundation does not meet this Standard because:

  • Its effectiveness assessment policy does not specify that this assessment will take place at least once every two years.

Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.

The Cradle Foundation does not meet this Standard because:

  • According to its audited financial statements for the fiscal year ended September 30, 2014, the organization's fund raising costs were 54% ($1,071,919) of related contributions, which totaled $1,987,924.
In addition, the BBB of Chicago & Northern Illinois requested but did not receive complete information on the organization’s governance and oversight and is unable to verify the organization's compliance with the following Standard for Charity Accountability: 1.
The Cradle Foundation meets the remaining 15 Standards for Charity Accountability. Please note that as of the date of this report 1 out of the 20Standards for Charity Accountability are not currently effective. As a result, this standard has not been applied to this evaluation.
Back To Top

Programs

              



For the fiscal year ended September 30, 2014, The Cradle FoundationThe Cradle Foundation 's program expenses were:

  
Social Service 2,602,883
Outreach/Communications 1,004,272
Adoption Learning Partners 980,764
Nursery 939,687
New Ventures 41,310
Total Program Expenses: $5,568,916
Back To Top

Governance

              

Chief Executive :
Compensation*: 

Chair of the Board: Caryn Rowe Africk
Chair's Profession / Business Affiliation: Consultant

Board Size: 22

Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements
Fund raising costs were 54% of related contributions. (Related contributions, which totaled $1,987,924, are donations received as a result of fund raising activities.)
Back To Top

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.
Back To Top

Financial

              

The following information is based on The Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle FoundationThe Cradle Foundation 's audited financial statements for the fiscal year ended September 30, 2014.

Source of Funds  
Program Revenue 2,675,874
Public Support 1,987,924
Investment Income 1,848,145
Gains on Restricted Trusts 205,454
Miscellaneous 4,126
Total Income $6,721,523


chart



Uses of Funds as a % of Total Expenses

Programs: 75%  Fund Raising: 15%  Administrative: 7%  Other Expenses: 3%

Total income $6,721,523
Program expenses $5,568,916
Fund raising expenses 1,071,919
Administrative expenses 484,033
Other Expenses 200,008
Total expenses $7,324,876
Expenses in Excess of Income (603,353)
Beginning net assets 19,706,758
Ending net assets 19,303,413
Total liabilities 5,918,414
Total assets $25,221,827


Back To Top

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.

Send to:



What is an Accredited Charity