Overview
What is Hitchcock Foundation?
The Hitchcock Foundation, located in Lebanon, New Hampshire, is a charitable organization devoted to advancing clinical research and education in the fields of human ailments, injuries, and public welfare. They provide between 15 and 20 grants annually, sponsoring over 300 advised funds that support various projects. These funds are primarily funded by external sources like corporations and foundations, and the advisers are experts in the relevant research and education fields. The Foundation also offers research grants and fellowships, with funding amounts ranging from $1,000 to $125,000, awarded competitively. Their primary purpose is to aid and advance medical, surgical, and scientific learning, skill, education, and investigation, with a mission to promote research in the broadest sense.
What are the reviews and ratings of this charity?
Charity Navigator Rating 86% - Three-Star out of Four Star rating
The Hitchcock Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score reflects a strong commitment to financial transparency and governance, with particularly high ratings in areas such as financial statements, asset management, and adherence to conflict of interest policies.
While the foundation excels in many financial aspects, there are areas noted for improvement. Specifically, the absence of any independent board members is a significant concern, which could impact the organization's objectivity and oversight. Additionally, the foundation did not list its website on its tax form, which may affect accessibility for potential donors seeking more information.
Overall, the Hitchcock Foundation demonstrates a commendable level of accountability and financial management, but enhancing independent oversight could strengthen its overall governance profile.
This AI summary has been generated from information found on Charity Navigator.
Is Hitchcock Foundation legitimate?
Hitchcock Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hitchcock Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hitchcock Foundation?
The Hitchcock Foundation's mission is centered around advancing the investigation and understanding of human ailments and injuries, including their causes, prevention, relief, and potential cures. Additionally, the foundation focuses on addressing issues related to hygiene, health, and public welfare. It promotes medical, surgical, and scientific learning, skill, education, and research in a broad sense. The foundation is also involved in conducting medical, surgical, and scientific research extensively.
Who is the CEO of Hitchcock Foundation?
Unavailable
What is the revenue of Hitchcock Foundation?
Hitchcock Foundation's revenue in 2022 was $2,329,287.
Who are the executives of Hitchcock Foundation and what are their salaries?
There 6 volunteers at Hitchcock Foundation.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $74,617
- Other: $18,383
- Compensation: $0
- Related: $159,413
- Other: $38,977
- Compensation: $0
- Related: $163,118
- Other: $15,441
- Compensation: $0
- Related: $125,466
- Other: $22,744
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $472,408
- Other: $57,854
- Compensation: $0
- Related: $626,350
- Other: $66,096
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $117,055
- Other: $26,822
- Compensation: $0
- Related: $93,441
- Other: $5,724
Where can I find the form 990 for Hitchcock Foundation?
Hitchcock Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hitchcock Foundation
The Hitchcock Foundation is dedicated to furthering the exploration of human health issues, including ailments, injuries, and their underlying causes. Its primary objective is to promote research in this field, aiming to prevent, alleviate, and cure these health problems. Furthermore, the foundation is committed to investigating matters related to hygiene, health, and public welfare. In addition, the Hitchcock Foundation encourages medical, surgical, and scientific learning, skill development, education, and research in a broad sense. The organization's mission is to engage in comprehensive medical, surgical, and scientific research, contributing to the advancement of knowledge and better health outcomes for individuals.
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Impact
July, 2024
The Hitchcock Foundation's impact is significant in advancing the study of human ailments and injuries, the causes, prevention, relief, and cure thereof, as well as hygiene, health, and public welfare. By providing between 15 and 20 grants per year and sponsoring over 300 advised funds that support clinically-oriented research and education activities, the foundation plays a crucial role in furthering its mission. The sponsored research funds support discrete clinical and biomedical research projects, funded by external sources including corporations and foundations. The foundation also provides funding for research grants and fellowships, ranging from $1,000 to $125,000, awarded on a competitive basis. Through these initiatives, the Hitchcock Foundation contributes significantly to medical, surgical, and scientific research in the broadest sense, making a valuable impact on the field of medical research.
This information is meant to be a general summary of Hitchcock Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $44
- Program Service Revenue: $843,911
- Gross Receipts: $2,329,287
Assets and Liabilities:
- Total Assets: $33,699,696
- Total Liabilities: $232,589
- Net Assets: $33,467,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sponsored, Program & Educational Research
Revenue
$843,911
Organization Details
Founding Year
1946
Phone
(603) 650-5000Main Address
One Medical Center Drive, Lebanon, NH, 03756
NTEE Category
Code: H120 - Medical research
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