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CHARITY REVIEW
Issued: May 2025 Expires: May 2027

Ruth Cheatham Foundation College Fund

Accredited Charity
Accredited Charity

Meets Standards

8519 Lakemont Drive
Dallas, TX, 75209-2635

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Ruth Cheatham Foundation College Fund meets the 20 Standards for Charity Accountability.

Stated Purpose:
“to offer advocacy, education, and financial aid for young adults in all stages of the cancer battle.”

Year, State Incorporated:
2017, TX

The Ruth Cheatham Foundation (TRCF) works to bridge the educational opportunity gap and provides the gateway to economic opportunity and a higher quality of life for young cancer survivors. TRCF services include tutoring, career readiness, and peer mentoring. The organization reports that these scholarships and services offer better quality of life and economic mobility, helping counteract the long-term financial, cognitive, and emotional tolls of cancer. TRCF reports granting 260 scholarships, with a graduation rate of 98%, during 2024.

For the year ended December 31, 2023, Ruth Cheatham Foundation College Fund's program expenses were:

Program services $727,993
Total Program Expenses $727,993

Chief Executive
Lindsay Whittemore, Executive Director/Co-founder

Chair of the Board
Angela Keller

Chair's Profession / Business Affiliation
Program Manager, Cook Children's Hospital

Board Size
6

Paid Staff Size
2

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: As reported by TRCF, the organization’s Chief Executive Officer is not compensated. The organization’s highest paid executive is Holly Ehtisha, Chief Operating Officer, with $110,000 during 2024.

Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

Fundraising costs were 6% of related contributions. (Related contributions, which totaled $920,656, 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 Ruth Cheatham Foundation College Fund's audited financial statements for the year ended December 31, 2023.

Source of Funds
Foundation and trusts grants $486,000
Special events, net $300,051
In-kind contributions $90,000
Contributions $44,605
Investment income $24,619
Total Income $945,275

Programs: 89% Fundraising: 7% Administrative: 5%

Total Income $945,275
Total expenses: $820,133
  Program expenses $727,993
  Fundraising expenses $54,288
  Administrative expenses $37,852
  Other expenses $0
Income in Excess of Expenses $125,142
Beginning Net Assets $922,023
Other Changes In Net Assets $0
Ending Net Assets $1,047,165
Total Liabilities $10,108
Total Assets $1,057,273

Note: According to TRCF's 2023 audited financial statements, the organization received in-kind contributions of $90,000 in professional services.

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.

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Report completed by:
BBB Wise Giving Alliance