Overview
What is Beth Israel Deaconess Department Of Surgery Foundation Inc?
Beth Israel Deaconess Department Of Surgery Foundation Inc is a charitable organization situated in Boston, Massachusetts. Its primary purpose is to promote medical advancements, provide instruction, and contribute to enhancing public health, primarily for patients served by Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC (HMFP). The foundation supports surgeons' work within these institutions, fostering education within the surgery departments and strengthening their capabilities. The foundation's activities are primarily focused on medical procedures, research, and improving methods in the surgical field, aligning with the missions of BIDMC, HMFP, and Harvard Medical School.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%)
The Beth Israel Deaconess Department of Surgery Foundation Inc has received a rating of "Needs Improvement" from Charity Navigator, with a score of 60%. This indicates a need for better transparency and governance practices, particularly highlighted by a lack of independent board members and missing key policies such as whistleblower and document retention. The organization does score well in areas like material diversion of assets, which shows financial integrity.
Despite the governance shortcomings, the foundation demonstrates a strong commitment to its programs, reflected in a program expense ratio of 86.83%. This suggests that a significant portion of its resources is allocated directly to its mission-related activities. However, the organization's accountability measures, such as having an independent board and the presence of necessary policies, could be significantly improved to foster greater trust and transparency among stakeholders.
Overall, while the foundation excels in program spending, the absence of critical governance policies and independent oversight raises concerns about its operational accountability. Stakeholders may want to inquire further into the organization's governance practices and consider how these factors might influence their support.
This AI summary has been generated from information found on Charity Navigator.
Is Beth Israel Deaconess Department Of Surgery Foundation Inc legitimate?
Beth Israel Deaconess Department Of Surgery Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Israel Deaconess Department Of Surgery Foundation Inc 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 Beth Israel Deaconess Department Of Surgery Foundation Inc?
The Beth Israel Deaconess Department of Surgery Foundation's mission is centered around supporting the patient care, research, and teaching missions of Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC. Additionally, the foundation aims to contribute to teaching and research at the President and Fellows of Harvard College/Harvard Medical School (HMS). In essence, its purpose is to advance medical knowledge and improve public health by financially backing these institutions and programs.
Who is the CEO of Beth Israel Deaconess Department Of Surgery Foundation Inc?
Elliot Chaikof is the Principal Officer of Beth Israel Deaconess Department Of Surgery Foundation Inc.
What is the revenue of Beth Israel Deaconess Department Of Surgery Foundation Inc?
Beth Israel Deaconess Department Of Surgery Foundation Inc's revenue in 2022 was $136,648.
Who are the executives of Beth Israel Deaconess Department Of Surgery Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $1,289,829
- Other: $57,224
- Compensation: $0
- Related: $1,186,876
- Other: $129,506
- Compensation: $0
- Related: $1,043,010
- Other: $94,462
- Compensation: $0
- Related: $606,327
- Other: $93,100
- Compensation: $0
- Related: $588,703
- Other: $89,593
- Compensation: $0
- Related: $330,233
- Other: $76,591
- Compensation: $0
- Related: $172,071
- Other: $0
- Compensation: $0
- Related: $363,104
- Other: $94,715
Where can I find the form 990 for Beth Israel Deaconess Department Of Surgery Foundation Inc?
Beth Israel Deaconess Department Of Surgery Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beth Israel Deaconess Department Of Surgery Foundation Inc
Beth Israel Deaconess Department of Surgery Foundation's primary mission is to support the patient care, research, and teaching initiatives of Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC, as well as to promote teaching and research at the President and Fellows of Harvard College/Harvard Medical School (HMS). In essence, the foundation aims to contribute to the healthcare sector by bolstering the patient care, investigative, and educational endeavors of these prominent institutions. By doing so, it actively contributes to improving public health and advancing medical knowledge.
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Impact
October, 2024
Beth Israel Deaconess Department of Surgery Foundation Inc significantly enhances patient care and medical research, fostering advancements in surgical practices. By directing funds to support physicians within the surgery departments at Beth Israel Deaconess Medical Center (BIDMC) and Harvard Medical Faculty Physicians at BIDMC (HMFP), the foundation strengthens educational opportunities and clinical excellence.
The foundation's commitment to medical research drives innovative approaches to surgery, improving outcomes and enhancing the overall health of the community it serves. It participates in various initiatives designed to elevate public health standards, ensuring that patients receive the highest quality of care.
Additionally, the foundation plays a critical role in teaching, collaborating with Harvard Medical School to facilitate education and training for the next generation of surgeons. Its activities not only advance individual surgical practices but also contribute to a broader understanding of health issues, setting a precedent for improvements in the field of medicine. This comprehensive support of care, research, and education ultimately leads to better health outcomes for patients and enriches the medical community as a whole.
This information is meant to be a general summary of Beth Israel Deaconess Department Of Surgery Foundation Inc. 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: $124,938
- Program Service Revenue: $1,710
- Gross Receipts: $136,648
Assets and Liabilities:
- Total Assets: $3,321,621
- Total Liabilities: $207,949
- Net Assets: $3,113,672
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT EDUCATION
Revenue
$1,710
Organization Details
Founding Year
2002
Phone
(617) 632-8370Principal Officer
Elliot Chaikof
Main Address
110 FRANCIS STREET 9D, BOSTON, MA, 02215
NTEE Category
Code: E05 - Health
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