Overview
What is University Health Systems Of Eastern Carolina Foundation Inc?
University Health Systems of Eastern Carolina Foundation Inc, known as Vidant Health Foundation, is a nonprofit organization situated in Greenville, North Carolina. Their primary mission is to encourage philanthropy, contributing financially to various healthcare providers, governmental entities, and charitable organizations in the region that promote health and wellness. This support primarily benefits the regional hospitals affiliated with ECU Health System, aiding in equipment, research, education, patient and family support, community benefits, and direct healthcare services. Vidant Health Foundation operates with the aim of supporting the broader community served by ECU Health, fostering an environment of improved healthcare and wellness in eastern North Carolina.
Official website here: www.vidanthealthfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The University Health Systems Of Eastern Carolina Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. A score of 98% indicates strong performance across various metrics, particularly in its financial oversight and management practices. The foundation exhibits excellent governance with a fully independent board and robust financial oversight mechanisms.
The organization demonstrates a commendable program expense ratio of 95.35%, indicating that the vast majority of its expenditures directly support its charitable programs. Additionally, its fundraising efficiency ratio is remarkably low, suggesting that the foundation operates efficiently in generating funds relative to its expenses. The organization also benefits from a substantial working capital ratio, which provides it with a strong financial buffer.
Despite its strengths, the foundation's financial health metrics are closely tied to its performance, and any potential shifts in funding or operational circumstances could impact its ratings. Overall, the foundation stands out for its transparency, effective leadership, and commitment to its mission, making it a worthwhile consideration for donors looking to support a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is University Health Systems Of Eastern Carolina Foundation Inc legitimate?
University Health Systems Of Eastern Carolina Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Health Systems Of Eastern Carolina Foundation Inc 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: $0
For more financial information, click here
Official website here: www.vidanthealthfoundation.com
What is the mission statement of University Health Systems Of Eastern Carolina Foundation Inc?
The University Health Systems of Eastern Carolina Foundation Inc., commonly known as Vidant Health Foundation, is a non-profit organization with a mission to inspire philanthropy to support the health and wellness of communities in eastern North Carolina, specifically those served by ECU Health and its associated entities. Their primary goal is to provide financial assistance to regional hospitals within the ECU Health System and other qualified healthcare providers, contributing to areas such as equipment, research, education, patient support, community benefit, and direct healthcare services. They achieve this mission through charitable contributions, aiming to enhance healthcare services and promote health and wellness in the region.
Official website here: www.vidanthealthfoundation.com
Who is the CEO of University Health Systems Of Eastern Carolina Foundation Inc?
Scott Senatore is the Chair of University Health Systems Of Eastern Carolina Foundation Inc.
Official website here: www.vidanthealthfoundation.com
What is the revenue of University Health Systems Of Eastern Carolina Foundation Inc?
University Health Systems Of Eastern Carolina Foundation Inc's revenue in 2022 was $6,105,370.
Official website here: www.vidanthealthfoundation.com
Who are the executives of University Health Systems Of Eastern Carolina Foundation Inc and what are their salaries?
There 500 volunteers at University Health Systems Of Eastern Carolina Foundation Inc.
Here are 27 key members and their salaries:
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- Related: $207,432
- Other: $66,910
Official website here: www.vidanthealthfoundation.com
Where can I find the form 990 for University Health Systems Of Eastern Carolina Foundation Inc?
University Health Systems Of Eastern Carolina Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vidanthealthfoundation.com
Learn more at the official website: www.vidanthealthfoundation.com
Mission Statement of University Health Systems Of Eastern Carolina Foundation Inc
University Health Systems of Eastern Carolina Foundation Inc, often referred to as Vidant Health Foundation, is a non-profit organization with a mission to inspire philanthropy in support of Vidant Health and the communities of eastern North Carolina. Their primary objective is to assist and support financially the regional hospitals that are part of the ECU Health System, as well as other qualified health care providers, governmental entities, and charitable organizations. This support is intended for equipment, research, education, patient and family support, community benefit, and direct health care services. The Foundation's activities aim to promote health and wellness in the region, and they achieve this goal through contributions to various initiatives and services. According to their Community Benefit Program, the Foundation's work encompasses a wide range of activities designed to improve the health and well-being of the general public served by the ECU Health System.
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Impact
August, 2024
University Health Systems Of Eastern Carolina Foundation Inc, also known as Vidant Health Foundation, inspires generosity through philanthropy to support health care services in eastern North Carolina. They provide financial assistance to regional hospitals, health care providers, governmental entities, and charitable organizations aimed at promoting health and wellness. Their impact includes funding for equipment, research, education, patient and family support, community benefit programs, and direct health care services in the region. Through their efforts, they contribute to improving the overall health and well-being of the communities served by ECU Health and its affiliates.
This information is meant to be a general summary of University Health Systems Of Eastern Carolina Foundation Inc. 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: $1,769,792
- Gross Receipts: $25,905,374
Assets and Liabilities:
- Total Assets: $43,626,062
- Total Liabilities: $19,462,897
- Net Assets: $24,163,165
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Organization Details
Founding Year
2004
Phone
(252) 847-5626Principal Officer
Scott Senatore
Main Address
690 Medical Drive, Greenville, NC, 27835
NTEE Category
Code: E70 - Health
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