Overview
What is Metropolitan Jewish Health System Foundation?
Metropolitan Jewish Health System Foundation, established in 1907 with compassionate beginnings by four Brooklyn ladies, is a philanthropic organization based in New York City. The mission of MJHS Foundation is to raise funds for charitable health care initiatives within the MJHS Health System and its affiliated agencies. This support enables the delivery of a wide range of services, including hospice and palliative care for both adults and children, skilled nursing through two rehabilitation and nursing care centers, home care, and additional programs catering to diverse communities, regardless of their religious, cultural, economic, gender identity, sexual orientation, or military status. MJHS Foundation also provides seed money for research and innovation aimed at improving patient care, health outcomes, and managing costs. Funds come from various sources, including grateful families, grants, corporate donors, and lay leadership.
Official website here: www.mjhsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 82% (Three-Star out of Four Star rating)
The Metropolitan Jewish Health System Foundation has received a solid Three-Star rating with an overall score of 82%, reflecting its strong performance in accountability and finance. This rating indicates a commendable level of transparency and governance, with the organization boasting 85% independent board members and a robust audit and oversight committee. The absence of material diversion of assets further underscores its financial integrity.
The foundation demonstrates effective policies, including conflict of interest and whistleblower policies, contributing to a well-structured governance framework. Additionally, the organization has shown diligence in maintaining clear documentation, such as board meeting minutes, and effectively managing its liabilities, with a low liabilities-to-assets ratio of 0.85%.
However, the program expense ratio stands at 59.11%, which suggests that a significant portion of its expenses may be allocated to administrative costs rather than direct program services. This could be a point of concern for potential donors looking to maximize the impact of their contributions. Overall, while the foundation exhibits strong governance and accountability, enhancing program expenditure could further improve its rating and appeal to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Jewish Health System Foundation legitimate?
Metropolitan Jewish Health System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Jewish Health System 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: $373,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $620,298
For more financial information, click here
Official website here: www.mjhsfoundation.org
What is the mission statement of Metropolitan Jewish Health System Foundation?
The Metropolitan Jewish Health System Foundation, operating under the name MJHS Foundation, is a philanthropic organization committed to raising funds for charitable health care initiatives. Its mission is to support the efforts of MJHS Health System and its affiliated agencies. With roots tracing back to 1907, MJHS has a long-standing tradition of providing care for the frail, elderly, and at-risk members of the community. Guided by its founding core values of compassion, dignity, and respect, the foundation today extends its support to programs and services for individuals of various religious, cultural, and economic backgrounds, as well as gender identity, sexual orientation, and military status. The foundation's activities aim to enhance health care access and improve the quality of life for individuals in need.
Official website here: www.mjhsfoundation.org
Who is the CEO of Metropolitan Jewish Health System Foundation?
David Wagner is the Ceo, President of Metropolitan Jewish Health System Foundation. The CEO's salary of Metropolitan Jewish Health System Foundation is $0 and their total compensation is $1,255,914.
Official website here: www.mjhsfoundation.org
What is the revenue of Metropolitan Jewish Health System Foundation?
Metropolitan Jewish Health System Foundation's revenue in 2022 was $2,313,240.
Official website here: www.mjhsfoundation.org
Who are the executives of Metropolitan Jewish Health System Foundation and what are their salaries?
The average compensation at Metropolitan Jewish Health System Foundation during 2022 was $110,399. There are 9 employees and 36 volunteers at Metropolitan Jewish Health System Foundation.
Here are 14 key members and their salaries (Metropolitan Jewish Health System Foundation's CEO's salary is $0 and their total compensation is $1,255,914):
- Compensation: $0
- Related: $1,134,355
- Other: $121,559
- Compensation: $0
- Related: $992,892
- Other: $98,713
- Compensation: $0
- Related: $626,673
- Other: $107,067
- Compensation: $0
- Related: $648,617
- Other: $58,110
- Compensation: $0
- Related: $508,818
- Other: $125,964
- Compensation: $0
- Related: $509,863
- Other: $21,948
- Compensation: $323,614
- Related: $0
- Other: $49,676
- Compensation: $135,548
- Related: $0
- Other: $48,798
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mjhsfoundation.org
Where can I find the form 990 for Metropolitan Jewish Health System Foundation?
Metropolitan Jewish Health System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mjhsfoundation.org
Learn more at the official website: www.mjhsfoundation.org
Mission Statement of Metropolitan Jewish Health System Foundation
The Metropolitan Jewish Health System Foundation, established with roots dating back to 1907, is a philanthropic organization with a mission to raise funds for the charitable health care efforts of MJHS Health System and its affiliated agencies. Operating under the name MJHS Foundation, this organization adheres to its founding core values of compassion, dignity, and respect. It supports various programs and services, extending aid to individuals from diverse religious, cultural, and economic backgrounds, as well as those identifying as LGBTQ+, having different sexual orientations, and being military personnel. Guided by these principles, the Metropolitan Jewish Health System Foundation seeks to provide financial assistance to initiatives that cater to the needs of the frail, elderly, and at-risk members of the community.
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Impact
July, 2024
Metropolitan Jewish Health System Foundation, operating as MJHS Foundation, has a significant impact in providing financial assistance to charitable health care initiatives. Established in 1907, the organization has deep roots in caring for the frail elderly and at-risk individuals in the community. MJHS Foundation raises funds to support health and health-related programs and services offered by MJHS Health System and its affiliated agencies.
Through its philanthropic efforts, MJHS Foundation helps to offset the costs of hospice and palliative care for adults and children, skilled nursing care, home care, and various other programs catering to diverse backgrounds and identities. Additionally, the foundation provides seed money for research and innovation projects that aim to enhance patient care, improve health outcomes, and manage costs effectively.
Funding for MJHS Foundation comes from various sources, including grateful families, grants, corporate and private donors, as well as support from lay leadership and staff. The foundation's mission is rooted in the values of compassion, dignity, and respect, guiding its support for charitable health care efforts that benefit individuals from all walks of life.
This information is meant to be a general summary of Metropolitan Jewish Health System 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: $49,616
- Gross Receipts: $156,929,501
Assets and Liabilities:
- Total Assets: $112,014,873
- Total Liabilities: $1,753,635
- Net Assets: $110,261,238
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Organization Details
Founding Year
1998
Phone
(718) 491-7208Principal Officer
David Wagner
Main Address
55 WATER ST 46TH FLOOR, NEW YORK, NY, 10041
Website
www.mjhsfoundation.orgNTEE Category
Code: E122 - Health
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