Overview
What is Hearing Health Foundation?
The Hearing Health Foundation, based in New York City, is a renowned nonprofit organization committed to advancing hearing research. Established in 1958, its primary mission is to prevent and cure hearing loss and tinnitus by funding groundbreaking research in the field of hearing and balance science. The foundation supports two key research programs: Emerging Research Grants (ERG) and the Hearing Restoration Project (HRP). ERG provides seed funding to researchers working across various areas of otoлогиy, while HRP, initiated in 2011, is an international consortium aiming to regenerate sensory cells in the inner ear to restore hearing and alleviate tinnitus. With a team of 7 dedicated employees, the Hearing Health Foundation has been instrumental in funding innovative research leading to advancements in cochlear implants, standard treatments for otosclerosis, and ear infections. Additionally, it advocated for universal newborn hearing screening legislation, significantly increasing testing rates from 4% in 1994 to 97% today.
Official website here: www.hearinghealthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Hearing Health Foundation (HHF) has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high accountability and finance standards. This rating is based on a comprehensive evaluation, including a perfect score for accountability and finance as well as leadership and adaptability. The organization demonstrates strong financial health with a program expense ratio of 82.89%, indicating that a significant portion of its funds directly supports its mission.
User feedback highlights the impact of HHF's work in promoting research for hearing loss and tinnitus. Many donors and board members describe the organization as effective and well-managed, with a focus on funding scientific research that has real-world applications. The foundation's ability to mobilize resources for innovative projects, such as the Hearing Restoration Project, has earned it praise for advancing technology and treatment options in the field of hearing health.
While the organization is celebrated for its achievements and robust operational practices, some users emphasize the ongoing challenges in raising awareness and funding for lesser-known conditions related to hearing loss. Nonetheless, the strong community of supporters and active engagement in research initiatives suggest that HHF continues to be a vital resource and advocate for hearing health.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Hearing Health Foundation legitimate?
Hearing Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearing Health 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: $279,788
Professional Fundraising Fees: $126,000
Other Salaries and Wages: $593,929
For more financial information, click here
Official website here: www.hearinghealthfoundation.org
What is the mission statement of Hearing Health Foundation?
The Hearing Health Foundation's mission is focused on preventing and curing hearing loss and tinnitus through groundbreaking research. Their vision is to create a world where individuals can live life without these hearing issues. Since its establishment in 1958, the foundation has been a leading nonprofit funder for research in hearing and balance science. It has played a significant role in the development of cochlear implants and various treatments for conditions such as otosclerosis and ear infections. The organization advocated for universal newborn hearing screening legislation in the 1990s, which has significantly increased the number of newborns tested for hearing loss. The Hearing Health Foundation supports two research programs: the Emerging Research Grants (ERG) and the Hearing Restoration Project (HRP). The ERG program provides funding for innovative research across various fields of otoology, while the HRP, established in 2011, is an international consortium of researchers working to regenerate sensory cells in the inner ear to restore hearing and cure tinnitus.
Official website here: www.hearinghealthfoundation.org
Who is the CEO of Hearing Health Foundation?
Robert Boucai is the Chair (Left 9/30/22) of Hearing Health Foundation. The CEO's salary of Hearing Health Foundation is $237,482 and their total compensation is $257,191.
Official website here: www.hearinghealthfoundation.org
What is the revenue of Hearing Health Foundation?
Hearing Health Foundation's revenue in 2022 was $5,617,687.
Official website here: www.hearinghealthfoundation.org
Who are the executives of Hearing Health Foundation and what are their salaries?
The average compensation at Hearing Health Foundation during 2022 was $124,817. There are 7 employees and 34 volunteers at Hearing Health Foundation.
Here are 20 key members and their salaries (Hearing Health Foundation's CEO's salary is $237,482 and their total compensation is $257,191):
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Official website here: www.hearinghealthfoundation.org
Where can I find the form 990 for Hearing Health Foundation?
Hearing Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hearinghealthfoundation.org
Learn more at the official website: www.hearinghealthfoundation.org
Mission Statement of Hearing Health Foundation
The Hearing Health Foundation, established in 1958, is a leading nonprofit organization dedicated to preventing and curing hearing loss and tinnitus through groundbreaking research. Their ultimate vision is to create a world where people can live their lives without the impediments of hearing loss and tinnitus. The foundation has been instrumental in funding research in hearing and balance science, leading to innovations such as cochlear implants and treatments for conditions like otosclerosis and ear infections.
In line with its mission, the Hearing Health Foundation supports two primary research programs: Emerging Research Grants (ERG) and the Hearing Restoration Project (HRP). The ERG program provides funding to researchers across various areas of otoology, fostering innovation in basic, clinical, and translational hearing research. The HRP, founded in 2011, is a global consortium of researchers working towards regenerating sensory cells in the inner ear to restore hearing and cure tinnitus.
The Hearing Health Foundation's mission is to prevent and cure hearing loss and tinnitus through research and to promote hearing health. Their goal is to create a world where people can enjoy life without the limitations caused by these conditions. By funding innovative research and supporting scientists worldwide, the foundation strives to make significant strides in hearing restoration and the development of new treatments for various hearing conditions.
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Impact
July, 2024
Hearing Health Foundation is a leading funder of research focused on preventing and curing hearing loss and tinnitus. Since 1958, the organization has been at the forefront of funding basic, clinical, and translational research in hearing and balance science. Through their support, they have contributed to the development of innovations and treatments, including cochlear implants and standard treatments for conditions like otosclerosis and ear infections.
One significant impact of Hearing Health Foundation is their advocacy for universal newborn hearing screening legislation in the 1990s, which has led to a substantial increase in newborns being tested for hearing loss at birth. Today, 97% of newborns are tested compared to only 4% in 1994. This advocacy has helped in early detection and intervention for children with hearing loss.
Additionally, Hearing Health Foundation's commitment to research is evident through programs like the Emerging Research Grants (ERG) and the Hearing Restoration Project (HRP). The ERG program provides essential funding to researchers working in various areas of hearing and balance science, advancing crucial research in this field. The HRP, established in 2011, is an international consortium of researchers dedicated to regenerating sensory cells in the inner ear to restore hearing and ultimately cure tinnitus.
Overall, Hearing Health Foundation's impact lies in their dedication to advancing research, driving innovations, and improving treatments for individuals with hearing loss and tinnitus, ultimately working towards a world where people can enjoy life without these challenges.
This information is meant to be a general summary of Hearing Health 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: $1,078,562
- Program Service Revenue: $83,506
- Gross Receipts: $10,151,622
Assets and Liabilities:
- Total Assets: $12,401,785
- Total Liabilities: $162,567
- Net Assets: $12,239,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLISHING INCOME
Revenue
$83,506
Organization Details
Founding Year
1958
Phone
(212) 257-6140Principal Officer
Robert Boucai
Main Address
575 8TH AVENUE 1201, NEW YORK, NY, 10018
NTEE Category
Code: H20 - Medical research
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