Overview
What is Health Science Center At Brooklyn Foundation?
The Health Science Center at Brooklyn Foundation is a nonprofit organization located in Brooklyn, New York, with a singular mission to support and enhance the educational experiences of students and faculty at the State University of New York Downstate Health Sciences University (SUNY DHSU). Established in January 2011, the Foundation has since grown to include Staffco of Brooklyn, Staffco Southampton, Staffco Eastern Long Island, and Staffco CMP as professional employer organizations. These entities are treated as disregarded entities of the main foundation for tax purposes. The Foundation's primary role is to establish, operate, manage, promote, and cultivate educational activities for the students and faculty of SUNY DHSU. In addition, it provides essential aid and assistance to students, faculty, and administration to further their education, work, and co-curricular activities, in alignment with the institution's educational goals.
Official website here: www.downstate.edu/finance/departments/hscb
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
The Health Science Center At Brooklyn Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. The organization demonstrates strong governance practices, with 62% of its board members being independent and a comprehensive audit and oversight committee in place that scored full points. Its financial management is commendable, with a program expense ratio of nearly 99%, showing that most of its funds are directed towards its mission-driven programs.
Strengths of the foundation include a robust conflict of interest policy and a whistleblower policy, both of which contribute to its transparency and ethical practices. The foundation has no material diversions of assets, further underscoring its integrity in handling funds. Additionally, the liabilities to assets ratio is healthy at 41.32%, reflecting sound financial stability.
While the foundation's performance metrics are strong, ongoing community engagement and feedback mechanisms could enhance its outreach and program effectiveness. Continuous improvements in these areas would ensure that the foundation remains responsive to the needs of the communities it serves. Overall, the Health Science Center At Brooklyn Foundation stands out as a well-managed nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Health Science Center At Brooklyn Foundation legitimate?
Health Science Center At Brooklyn Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Science Center At Brooklyn 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: $190,848,655
For more financial information, click here
Official website here: www.downstate.edu/finance/departments/hscb
What is the mission statement of Health Science Center At Brooklyn Foundation?
The Health Science Center At Brooklyn Foundation is dedicated to advancing the educational pursuits of students and faculty at SUNY Downstate Health Sciences University. The foundation operates and manages various activities to support their learning and research. It also provides aid to students, faculty, and administration to enhance their education and studies, as well as their work and extracurricular activities. The foundation's mission aligns with the educational objectives of the institution, collaborating to foster a thriving academic environment.
Official website here: www.downstate.edu/finance/departments/hscb
Who is the CEO of Health Science Center At Brooklyn Foundation?
Dr Luther Clark is the Principal Officer of Health Science Center At Brooklyn Foundation.
Official website here: www.downstate.edu/finance/departments/hscb
What is the revenue of Health Science Center At Brooklyn Foundation?
Health Science Center At Brooklyn Foundation's revenue in 2022 was $265,060,734.
Official website here: www.downstate.edu/finance/departments/hscb
Who are the executives of Health Science Center At Brooklyn Foundation and what are their salaries?
The average compensation at Health Science Center At Brooklyn Foundation during 2022 was $190,848,655. There is 1 employee at Health Science Center At Brooklyn Foundation.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $190,000
- Related: $506,996
- Other: $54,712
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $698,341
- Other: $54,470
- 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: $309,004
- Other: $9,647
- Compensation: $0
- Related: $271,801
- Other: $67,719
- Compensation: $0
- Related: $144,880
- Other: $24,568
- Compensation: $222,487
- Related: $0
- Other: $13,344
- Compensation: $342,889
- Related: $0
- Other: $17,400
- Compensation: $269,683
- Related: $0
- Other: $17,400
- Compensation: $773,525
- Related: $0
- Other: $39,188
- Compensation: $724,968
- Related: $0
- Other: $53,246
- Compensation: $607,926
- Related: $0
- Other: $53,246
- Compensation: $571,237
- Related: $0
- Other: $50,083
- Compensation: $553,734
- Related: $0
- Other: $37,522
Official website here: www.downstate.edu/finance/departments/hscb
Where can I find the form 990 for Health Science Center At Brooklyn Foundation?
Health Science Center At Brooklyn Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downstate.edu/finance/departments/hscb
Learn more at the official website: www.downstate.edu/finance/departments/hscb
Mission Statement of Health Science Center At Brooklyn Foundation
The Health Science Center At Brooklyn Foundation is committed to advancing the educational pursuits of the students and faculty at SUNY Downstate Health Sciences University. This nonprofit organization plays a crucial role in cultivating and promoting a rich academic environment, providing essential support to enhance the learning experience.
To fulfill its mission, the Health Science Center At Brooklyn Foundation operates and manages various educational activities, collaborating closely with the university to ensure that these initiatives align with the institution's goals. By aiding students, faculty, and administration, the foundation enables them to concentrate on their studies and research, thus fostering their academic and professional growth.
In addition, the Health Science Center At Brooklyn Foundation offers assistance to students, faculty, and administration, helping them to further their education and expand their knowledge. This aid encompasses various aspects, including living conditions and co-curricular activities, all aimed at enhancing the overall educational experience at SUNY Downstate Health Sciences University.
In summary, the Health Science Center At Brooklyn Foundation serves as a vital partner to SUNY Downstate Health Sciences University, collaborating to establish, operate, manage, promote, and cultivate educational activities for the students and faculty. Through its dedicated support, the foundation empowers the university community to excel academically, ultimately contributing to the progress and development of the medical field.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Health Science Center at Brooklyn Foundation significantly enhances the educational landscape for students and faculty at SUNY Downstate Health Sciences University. By establishing and managing programs that support academic advancement, the foundation cultivates an enriching environment that promotes learning and professional development.
Through initiatives tailored to aid students and faculty, the foundation facilitates access to resources that enhance both educational and co-curricular activities. It plays a vital role in upgrading and expanding facilities, ensuring that the physical environment aligns with the institution's mission to provide high-quality education in health sciences.
The establishment of additional professional employer organizations, such as Staffco, has further streamlined support for the university community, enabling better coordination of educational activities and administrative functions. This comprehensive approach not only benefits individual students and faculty members but also contributes to the broader goal of advancing healthcare education and training within the region. Overall, the foundation's commitment to fostering a thriving educational ecosystem makes a lasting impact on the health sciences field.
This information is meant to be a general summary of Health Science Center At Brooklyn 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: $4,091,667
- Program Service Revenue: $260,930,474
- Gross Receipts: $265,060,734
Assets and Liabilities:
- Total Assets: $266,607,547
- Total Liabilities: $109,215,974
- Net Assets: $157,391,573
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STAFFING SERVICES
Revenue
$259,133,519
RENTAL REVENUE
Revenue
$1,569,905
FEES FOR PROGRAM SERVICES
Revenue
$227,050
Organization Details
Founding Year
1976
Phone
(718) 270-3148Principal Officer
Dr Luther Clark
Main Address
450 CLARKSON AVENUE MS1281, BROOKLYN, NY, 11203
NTEE Category
Code: B5BI - Education
If you are a representative of Health Science Center At Brooklyn Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.