Jaymi, One nice idea is to get some 100% cotton white/cream material. Cut it about 15" square. You can then use a fine tip permanent marker and neatly write in the baby's name, date of birth, etc. OR... Some easy ideas are to then trim it down to put in a quilt or pillow. Easier things would be to trim it down and frame it in a picture frame. Since you started with a large piece of fabric, it will give you more options on trimming size. You could also get a picture frame that has many openings and put the footprints in one spot, baby pictures in a few more, and you can neatly type or letter the baby's info for another opening in the frame....very easy and cheap, too.
Best wishes with your new bundle of joy! Sandi