Overview
What is University Of Pittsburgh And Upmc Medical And Health Sciences Foundation?
The University of Pittsburgh and UPMC Medical and Health Sciences Foundation is a nonprofit organization located at 116 Atwood Street, Suite 201, Pittsburgh, PA 15260. Established to integrate fundraising efforts for the University of Pittsburgh and UPMC, the Foundation focuses on serving the wider academic medical center, which includes six health sciences schools, UPMC, UPMC Hillman Cancer Center, and WPIC. With a mission to cultivate, solicit, and steward gifts from individuals, corporations, foundations, and organizations, the Foundation supports clinical care, biomedical research, and education. The organization employs a team of 104 individuals dedicated to fulfilling this mission.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 39%, Zero-Star out of Four Star rating.
The University of Pittsburgh and UPMC Medical and Health Sciences Foundation received a low rating primarily due to its poor performance in financial transparency and accountability. The organization scored particularly poorly in areas such as financial statements and website accessibility, indicating significant issues with public information sharing. Despite having a majority of independent board members and a robust conflict of interest policy, these strengths were overshadowed by the lack of financial documentation.
While the nonprofit has established policies for whistleblowing and document retention, the absence of key financial reports and its tax form on the website raises concerns about its accountability practices. The organization scored 0 out of 15 points for financial statements and 0 out of 25 points for program expense ratio, which suggests a lack of clear financial oversight and transparency regarding its operational expenditures.
Overall, the zero-star rating serves as a red flag for potential donors and stakeholders, highlighting the need for significant improvements in financial reporting and public engagement. Without greater transparency and accountability, the foundation may struggle to build trust and demonstrate its impact effectively.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Pittsburgh And Upmc Medical And Health Sciences Foundation legitimate?
University Of Pittsburgh And Upmc Medical And Health Sciences Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Pittsburgh And Upmc Medical And Health Sciences 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: $386,429
Other Salaries and Wages: $7,610,630
For more financial information, click here
What is the mission statement of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation?
The University of Pittsburgh and Upmc Medical and Health Sciences Foundation's mission is to facilitate private fundraising for the comprehensive academic medical center that encompasses the six health sciences schools of the University of Pittsburgh, UPMC, UPMC Hillman Cancer Center, and WPIC. The foundation's primary goal is to identify, cultivate, solicit, and steward donations from individuals and organizations, corporations, and foundations with an interest in supporting clinical care, biomedical research, and education. By doing so, the foundation contributes to the advancement of healthcare, scientific discoveries, and academic excellence within the medical center.
Who is the CEO of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation?
Hari Sastry is the Co-Chief Executive Officer of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation. The CEO's salary of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation is $0 and their total compensation is $820,673.
What is the revenue of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation?
University Of Pittsburgh And Upmc Medical And Health Sciences Foundation's revenue in 2022 was $13,108,322.
Who are the executives of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation and what are their salaries?
The average compensation at University Of Pittsburgh And Upmc Medical And Health Sciences Foundation during 2022 was $73,179. There are 104 employees and 340 volunteers at University Of Pittsburgh And Upmc Medical And Health Sciences Foundation.
Here are 17 key members and their salaries (University Of Pittsburgh And Upmc Medical And Health Sciences Foundation's CEO's salary is $0 and their total compensation is $820,673):
- Compensation: $0
- Related: $3,777,869
- Other: $433,961
- Compensation: $0
- Related: $1,312,908
- Other: $156,800
- Compensation: $0
- Related: $680,229
- Other: $140,444
- 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: $12,545,480
- Other: $334,725
- Compensation: $0
- Related: $717,332
- Other: $60,044
- Compensation: $0
- Related: $397,509
- Other: $51,266
- Compensation: $0
- Related: $257,717
- Other: $54,262
- Compensation: $221,873
- Related: $0
- Other: $47,163
- Compensation: $243,797
- Related: $0
- Other: $27,032
- Compensation: $214,690
- Related: $0
- Other: $38,317
- Compensation: $204,643
- Related: $0
- Other: $23,096
- Compensation: $199,752
- Related: $0
- Other: $50,998
- Compensation: $0
- Related: $1,461,660
- Other: $52,810
Where can I find the form 990 for University Of Pittsburgh And Upmc Medical And Health Sciences Foundation?
University Of Pittsburgh And Upmc Medical And Health Sciences Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Pittsburgh And Upmc Medical And Health Sciences Foundation
The University of Pittsburgh and UPMC Medical and Health Sciences Foundation is a dynamic organization dedicated to raising funds for the University of Pittsburgh and UPMC, two renowned entities encompassing six health sciences schools. By seamlessly integrating private fundraising for the entire academic medical center, which includes the University of Pittsburgh, UPMC, UPMC Hillman Cancer Center, and WPIC, the Foundation plays a pivotal role in advancing clinical care, biomedical research, and education.
Throughout its mission, the Foundation focuses on identifying, cultivating, soliciting, and stewarding donations from individuals, organizations, corporations, and foundations. These contributors express their support for the impressive work being carried out across the academic medical center. By pooling resources, the Foundation ensures the continued growth and success of the University of Pittsburgh and UPMC in their respective fields.
In essence, the University of Pittsburgh and UPMC Medical and Health Sciences Foundation serves as a bridge, connecting generous donors with the groundbreaking research, innovative education, and exceptional clinical care offered at the University of Pittsburgh and UPMC. By fostering these partnerships, the Foundation empowers these esteemed institutions to deliver a profound impact on the world.
In summary, the University of Pittsburgh and UPMC Medical and Health Sciences Foundation is a vital force in the fundraising landscape, dedicated to enhancing the University of Pittsburgh and UPMC's achievements in clinical care, biomedical research, and education by securing the support of donors.
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Impact
October, 2024
The University of Pittsburgh and UPMC Medical and Health Sciences Foundation plays a crucial role in advancing healthcare and medical education through strategic fundraising efforts. By integrating financial support for both the University of Pittsburgh and the University of Pittsburgh Medical Center, the foundation enhances resources for clinical care, biomedical research, and education across six health sciences schools. This integrated approach not only strengthens the academic medical center but also fosters collaboration in addressing health challenges.
The foundation actively identifies, cultivates, solicits, and stewards donations from individuals, organizations, corporations, and foundations. This targeted fundraising enables the enhancement of medical facilities, the expansion of research initiatives, and the provision of scholarships and support for students pursuing careers in healthcare.
Through its efforts, the foundation contributes significantly to the advancement of knowledge, innovation in medical practices, and improved health outcomes for the community and beyond, making a lasting impact on the field of health sciences.
This information is meant to be a general summary of University Of Pittsburgh And Upmc Medical And Health Sciences 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.
- Gross Receipts: $13,108,322
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2004
Phone
(412) 624-6395Principal Officer
Hari Sastry
Main Address
116 ATWOOD STREET SUITE 201, PITTSBURGH, PA, 152600100
NTEE Category
Code: T30 - Philanthropy
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