Gift of Adoption Fund meets the 20 Standards for Charity Accountability.
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 24 unchartered local chapters located throughout the United States.
For the year ended June 30, 2020, Gift of Adoption Fund's program expenses were:
Program services |
$1,708,097 |
Total Program Expenses: |
$1,708,097 |
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Chief Executive
Pam Devereux, Chief Executive Officer
-
Compensation*
$107,982
-
Chair of the Board
Andrew Sandquist
-
Chair's Profession / Business Affiliation
Vice Chairman, Newmark Knight Frank
-
Board Size
21
-
Paid Staff Size
8
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: In 2019, Mr. Brian Murphy, CF0 and COO, received the highest compensation, totaling $110,345.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $2,135,101, 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 June 30, 2020.
Source of Funds |
Contributions |
$1,407,160 |
Special events, net |
$718,389 |
Program service fees |
$42,207 |
Investment return |
$11,372 |
In-kind donations |
$9,552 |
Total Income |
$2,188,680 |
- Programs: 79%
- Administrative: 13%
- Fundraising: 8%
Total Income |
$2,188,680 |
Program expenses |
$1,708,097 |
Fundraising expenses |
$193,569 |
Administrative expenses |
$272,608 |
Other expenses |
$0 |
Total expenses: |
$2,174,274 |
Income in Excess of Expenses |
$14,406 |
Beginning Net Assets |
$1,466,509 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,480,915 |
Total Liabilities |
$683,953 |
Total Assets |
$2,164,868 |
Note: According to GOAF's audited financial statements for the year ended June 30, 2020, the organization received in-kind contributions totaling $9,552 in the form of airline miles ($5,362), Google AdWords ($2,940), and donor and volunteer gifts ($1,250).