Overview
What is Massachusetts Nurses Foundation Inc?
Massachusetts Nurses Foundation Inc is a nonprofit corporation headquartered at 340 TURNPIKE STREET, CANTON, MA 02021. Its primary mission is to support the nursing profession and its practitioners through various means. This includes providing scholarships, grants, and loans to nurses and nursing students, maintaining a fund for members' educational, training, and practice development needs, supporting significant nursing research of public interest, publishing nursing-related literature, and establishing a center for nursing advancement. The foundation also manages scholarship funds for alumni associations and nursing schools. Its activities have benefited numerous individuals by offering financial aid and resources to further their nursing careers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%
The Massachusetts Nurses Foundation Inc has achieved a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The score is primarily based on the organization's financial practices, suggesting a commitment to transparency and responsible management of resources. With a high Accountability & Finance Score of 80, the foundation demonstrates effective governance and financial health.
Notably, the foundation boasts a fully independent board, with 100% of its members meeting independence criteria, and achieves a perfect score for its board size. Additionally, there has been no material diversion of assets, highlighting the organization's integrity in handling funds. The foundation has also been proactive in documenting its board meeting minutes and maintains a responsible approach to document retention.
While the financial ratios reflect strong performance, including a program expense ratio of nearly 73%, continuous monitoring and improvement in fundraising efforts could further enhance the organization's impact. Overall, the Massachusetts Nurses Foundation Inc is positioned well in terms of accountability, offering assurance to donors and stakeholders of its commitment to effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Nurses Foundation Inc legitimate?
Massachusetts Nurses Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Nurses 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.
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What is the mission statement of Massachusetts Nurses Foundation Inc?
The Massachusetts Nurses Foundation Inc, as a non-profit organization, has a mission to provide financial aid in the form of scholarships, grants, and loans to nursing students and professionals. Its objectives also include establishing a fund to support the education, training, and professional development of its members. Additionally, the foundation is committed to backing significant nursing research that serves the public interest. It also supports the publication of literature related to nursing and aims to establish a center for nursing where its goals can be achieved. Lastly, the foundation administers scholarship funds for alumni associations and nursing schools.
Who is the CEO of Massachusetts Nurses Foundation Inc?
Donna Kelly-Williams is the Treasurer of Massachusetts Nurses Foundation Inc.
What is the revenue of Massachusetts Nurses Foundation Inc?
Massachusetts Nurses Foundation Inc's revenue in 2022 was $102,089.
Who are the executives of Massachusetts Nurses Foundation Inc and what are their salaries?
There 10 volunteers at Massachusetts Nurses Foundation Inc.
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Where can I find the form 990 for Massachusetts Nurses Foundation Inc?
Massachusetts Nurses Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Massachusetts Nurses Foundation Inc
The Massachusetts Nurses Foundation Inc, a non-profit organization, is dedicated to several key objectives in the nursing field. One of its primary missions is to offer financial aid in the form of scholarships, grants, and loans to both established nurses and nursing students. This financial support aims to foster education, training, and professional development within the nursing community.
Beyond financial assistance, the Massachusetts Nurses Foundation Inc also maintains a fund to support its members' educational needs. This involves offering opportunities for further education, training, and practice development, thereby empowering nurses to advance their careers and contribute more effectively to patient care.
In addition to these initiatives, the foundation also supports research that is significant to the nursing profession and of public interest. By funding relevant studies, the foundation contributes to the broader understanding of nursing practices and the improvement of patient care. Furthermore, the foundation encourages the publication of nursing-related literature, helping to disseminate valuable knowledge within the nursing community.
Lastly, the Massachusetts Nurses Foundation Inc aims to establish a dedicated center for nursing. This center would serve as a hub for achieving the foundation's objectives, providing a space for nursing education, research, and professional development. Overall, the foundation's mission is centered around fostering the growth and development of the nursing profession, with a focus on education, research, and the advancement of nursing practices.
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Impact
October, 2024
Massachusetts Nurses Foundation Inc significantly contributes to the nursing profession by providing essential financial support through scholarships and grants to individuals pursuing nursing careers. By offering these resources, the Foundation helps alleviate the financial burden on nursing students and practicing nurses, enabling them to further their education and enhance their skills.
Additionally, the Foundation actively supports research that is crucial to nursing and public health, thereby advancing the profession and its contribution to society. Through its initiatives, it encourages the publication of valuable nursing literature that disseminates knowledge and best practices, fostering a culture of continuous learning and improvement within the nursing community.
Moreover, the Foundation is committed to establishing a center for nursing that aligns with its mission, facilitating education, training, and professional development. By maintaining a fund dedicated to assisting its members, the Foundation ensures that nurses have access to the resources necessary for their ongoing education and practice advancement. This comprehensive approach not only impacts individual nurses but also enhances the overall quality of healthcare in the community.
This information is meant to be a general summary of Massachusetts Nurses 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: $25,934
- Gross Receipts: $124,065
Assets and Liabilities:
- Total Assets: $469,693
- Total Liabilities: $0
- Net Assets: $469,693
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Organization Details
Founding Year
1981
Phone
(781) 281-4625Principal Officer
Donna Kelly-Williams
Main Address
340 TURNPIKE STREET, CANTON, MA, 02021
NTEE Category
Code: B82 - Education
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