Better Business Bureau Report for
Utah Foster Care Foundation

Better Business Bureau Report issued February 2016
Better Business Bureau Report expires February 2017


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Utah Foster Care Foundation
Address: 5296 South Commerce Drive
  Murray , UT 84107
Phone: 801-994-5205
Web Address: www.utahfostercare.org
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Better Business Bureau Comments

Year, State Incorporated: 1998, Utah
Affiliates: None
Stated Purpose: "exists to serve Utah's children by finding, educating and nurturing families to meet the needs of children in foster care."

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Evaluation Conclusions

              

Utah Foster Care Foundation (UFCF) meets the 20 Standards for Charity Accountability.
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Programs

              

Improve public perception of foster parenting. Develop a pre-screening, orientation, and selection process and seek out families that meet this profile. Educate foster/adoptive/kinship families by providing pre-service and advanced trainings. Support and nurture families after licensure to assist them in their caregiving roles.

For the fiscal year ended June 30, 2015, UFCF's program expenses were:

  
Recruitment 1,388,848
Retention 953,999
Education 824,806
Total Program Expenses: $3,167,653
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Governance

              

Chief Executive : Kelly Peterson, CEO
Compensation*: 
$112,750

Chair of the Board: Lisa Watts Baskin
Chair's Profession / Business Affiliation: Community Volunteer

Board Size: 17

Paid Staff Size: 36

*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, print advertisements, grant proposals, internet
Fund raising costs were 16% of related contributions. (Related contributions, which totaled $659,092, 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 UFCF's audited financial statements for the fiscal year ended June 30, 2015.

Source of Funds  
Government Contract 2,734,976
In-Kind Contributions 454,759
Contributions 204,333
Interest 28,886
Net Realized and Unrealized Losses on Investments -10,644
Total Income $3,412,310


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 3%  Administrative: 11% 

Total income $3,412,310
Program expenses $3,167,653
Fund raising expenses 108,736
Administrative expenses 388,231
Total expenses $3,664,620
Expenses in Excess of Income (252,310)
Beginning net assets 1,307,717
Ending net assets 1,055,407
Total liabilities 215,477
Total assets $1,270,884


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BBB Membership

              

This charity is a member of this Better Business Bureau. Only charities that meet the BBB charity standards are eligible for BBB membership.

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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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