Overview
What is Children's Medical Fund Of New York?
Children's Medical Fund of New York is a nonprofit organization situated in Syosset, New York. Its primary mission is to raise funds to support the programs at Cohen Children's Medical Center of New York. The organization's contributions significantly impact various departments within the hospital, such as the pediatric emergency room and outpatient chemotherapy unit. Funds are utilized to provide therapeutic activities, gifts, and entertainment for patients undergoing extensive treatments, serving as a source of distraction and comfort. Additionally, the fund supports the Children's Medical Fund Center for Pediatric Diagnostic Studies, ensuring the center's continued operation. With a team of around three employees, Children's Medical Fund of New York plays a crucial role in enhancing the wellbeing of pediatric patients and their families during their hospital stays.
Official website here: www.cmfny.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Children's Medical Fund of New York has achieved a perfect score of 100%, demonstrating exceptional performance in accountability and finance. This high rating indicates that the organization has robust financial management practices and a commitment to transparency, which are crucial for donor trust and organizational integrity.
The charity has a fully independent board and demonstrates a strong emphasis on oversight, with a comprehensive audit and oversight committee in place. It has implemented essential policies, such as conflict of interest and whistleblower protections, which further underscores its commitment to ethical governance. Additionally, its financial metrics reflect a healthy operation, with a low liabilities-to-assets ratio and a significant portion of expenses directed towards its programs.
While the organization excels in financial accountability, the summary does not provide insights into program effectiveness or community impact. Future evaluations could benefit from including qualitative assessments of the charity's outcomes and testimonials from beneficiaries to paint a fuller picture of its influence in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Medical Fund Of New York legitimate?
Children's Medical Fund Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Medical Fund Of New York 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: $169,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,124
For more financial information, click here
Official website here: www.cmfny.org
What is the mission statement of Children's Medical Fund Of New York?
The Children's Medical Fund of New York is dedicated to supporting the programs at the Cohen Children's Medical Center of New York. Their primary objective is to raise funds to contribute to various initiatives at the medical center. This includes providing financial assistance for the construction of the pediatric emergency room, offering entertainment, gifts, and therapeutic activities for patients undergoing extensive treatments in the outpatient chemotherapy unit. Additionally, the fund provides access to specialists trained in multidisciplinary healthcare teams to help families cope with the stress of hospital stays. The Children's Medical Fund of New York also serves as the sole financial supporter for the Children's Medical Fund Center for Pediatric Diagnostic Studies.
Official website here: www.cmfny.org
What is the revenue of Children's Medical Fund Of New York?
Children's Medical Fund Of New York's revenue in 2023 was $624,528.
Official website here: www.cmfny.org
Who are the executives of Children's Medical Fund Of New York and what are their salaries?
The average compensation at Children's Medical Fund Of New York during 2023 was $103,378. There are 2 employees and 15 volunteers at Children's Medical Fund Of New York.
Here are 37 key members and their salaries:
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- Compensation: $147,856
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- Other: $21,774
Official website here: www.cmfny.org
Where can I find the form 990 for Children's Medical Fund Of New York?
Children's Medical Fund Of New York's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cmfny.org
Learn more at the official website: www.cmfny.org
Mission Statement of Children's Medical Fund Of New York
Children's Medical Fund of New York, a dedicated organization, is committed to raising funds to bolster the programs of the Cohen Children's Medical Center of New York. The primary objective of this fundraising effort is to enhance the medical care and support services provided to children who require extensive treatment. The organization's contributions have been instrumental in various initiatives, including the construction of a pediatric emergency room, offering entertainment, gifts, and therapeutic activities for patients undergoing chemotherapy, and financing the Children's Medical Fund Center for Pediatric Diagnostic Studies. Furthermore, the organization provides financial support for specialists trained in multidisciplinary healthcare teams, enabling families to cope with the stress of hospital stays. In essence, Children's Medical Fund of New York plays a vital role in enhancing the overall well-being of children undergoing complex medical treatments.
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Impact
July, 2024
Children's Medical Fund Of New York makes a significant impact by supporting the programs of the Cohen Children's Medical Center of New York. This includes providing financial assistance for the pediatric ER building, offering entertainment, gifts, and therapeutic play activities for young patients undergoing treatments, and ensuring access to specialists who help patients and families cope with the stress of hospital stays. The organization also funds the Children's Medical Fund Center for Pediatric Diagnostic Studies, further enhancing healthcare services for children in need. Through these initiatives, Children's Medical Fund Of New York plays a crucial role in improving the well-being and care of pediatric patients in the community.
This information is meant to be a general summary of Children's Medical Fund Of New York. 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 2023.
- Investment Income: $2,658
- Gross Receipts: $2,534,457
Assets and Liabilities:
- Total Assets: $980,040
- Total Liabilities: $61,558
- Net Assets: $918,482
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Organization Details
Founding Year
1963
Principal Officer
David Blumenfeld
Website
www.cmfny.orgNTEE Category
Code: E24I - Health
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