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Foundation For Health Equity

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201232493 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Health Equity?

The Foundation for Health Equity is a nonprofit organization situated in Philadelphia, Pennsylvania, with a focus on improving the health and well-being of communities in Northwest Philadelphia and Eastern Montgomery County. By conducting regular needs assessments, the foundation identifies areas of vulnerability within these communities and funds organizations that aim to address these issues. The foundation's primary areas of concern include the frail elderly, reducing premature death due to cancer and heart disease, supporting children and families, enhancing healthcare and insurance knowledge, and promoting prevention initiatives. The foundation's mission is to strengthen the assets of organizations that work towards addressing systemic health inequities, ultimately contributing to the creation of healthy, thriving neighborhoods.


Official website here: www.f4he.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

Foundation For Health Equity has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and transparency. The organization's Accountability & Finance score is 83%, showcasing strong financial practices, including independent board governance and effective oversight of its financial statements. However, its Program Expense Ratio of 50.14% suggests that only half of its expenses are directed towards programs, which may raise concerns regarding the allocation of resources.

The nonprofit excels in its Culture & Community score of 100, reflecting a robust commitment to stakeholder engagement and feedback collection. It demonstrates exemplary practices in utilizing feedback to refine its operations and policies, as well as addressing challenges while maintaining a focus on equity. The presence of independent board members and comprehensive policies further enhances its credibility and operational integrity.

Despite its strengths, the relatively low program expense ratio highlights a potential area for improvement. Stakeholders may want to see a greater proportion of funds allocated directly to programs that benefit the community. Overall, the Foundation For Health Equity shows promising governance and community engagement, but the effectiveness of its financial allocations may warrant further evaluation.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For Health Equity legitimate?

Foundation For Health Equity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Health Equity 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: $125,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $72,506

For more financial information, click here


Official website here: www.f4he.org

What is the mission statement of Foundation For Health Equity?

The Foundation for Health Equity supports communities in northwest Philadelphia and eastern Montgomery County by leveraging the assets of organizations that aim to address systemic health inequities. Their mission is to enhance the health and well-being of these communities by conducting ongoing needs assessments and providing funding to organizations that can address identified vulnerabilities. The foundation focuses on specific areas such as the frail elderly, reducing premature death caused by cancer and heart disease, supporting children and families, promoting healthcare education, and offering healthcare and insurance options. The foundation often favors prevention-focused programs.


Official website here: www.f4he.org

Who is the CEO of Foundation For Health Equity?

Bethany Flood is the Chairperson of Foundation For Health Equity.


Official website here: www.f4he.org

What is the revenue of Foundation For Health Equity?

Foundation For Health Equity's revenue in 2022 was $1,255,567.


Official website here: www.f4he.org

Who are the executives of Foundation For Health Equity and what are their salaries?

The average compensation at Foundation For Health Equity during 2022 was $65,947. There are 3 employees and 13 volunteers at Foundation For Health Equity.


Here are 14 key members and their salaries:


Al Thorell (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Friedman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Harper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Doyle-O'Connor (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elena Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Buehler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Beilenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adeline Mandel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Miller Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommye Casey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bethany Flood (Executive Director)
  • Compensation: $92,500
  • Related: $0
  • Other: $24,436


Official website here: www.f4he.org

Where can I find the form 990 for Foundation For Health Equity?

Foundation For Health Equity's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.f4he.org

Learn more at the official website: www.f4he.org

Mission Statement of Foundation For Health Equity

The Foundation for Health Equity, a nonprofit organization, is committed to supporting communities in Northwest Philadelphia and Eastern Montgomery County by leveraging the assets of organizations working to address systemic health inequities. Their mission is to foster healthy and vibrant neighborhoods by identifying areas of vulnerability in these communities and providing funding to organizations whose initiatives will address these needs. The Foundation's focus is primarily on four key areas: the frail elderly, reducing premature deaths caused by cancer and heart disease, children and families, and education about healthcare, healthcare options, and health insurance. The organization often supports prevention-focused programs to improve the health and well-being of the communities it serves.

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Impact




August, 2024

Foundation For Health Equity's impact includes supporting communities in Northwest Philadelphia by working with organizations to address systemic health inequities, ultimately aiming to build healthy and vibrant neighborhoods. They focus on areas such as supporting the frail elderly, reducing premature deaths from cancer and heart disease, improving health education for children and families, and providing information on healthcare and insurance options. Through ongoing needs assessments and funding allocation, they contribute to enhancing the health and well-being of communities in Northwest Philadelphia and Eastern Montgomery County.




This information is meant to be a general summary of Foundation For Health Equity. 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.

Revenue
$1,255,567 (2022)
Expenses
$1,493,457 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $847,192
  • Gross Receipts: $1,829,957

Assets and Liabilities:

  • Total Assets: $16,141,501
  • Total Liabilities: $226,420
  • Net Assets: $15,915,081

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Organization Details

Founding Year

2005

Principal Officer

Bethany Flood

Main Address

10 EAST SPRINGFIELD AVENUE SOUTH, PHILADELPHIA, PA, 19118

NTEE Category

Code: T202 - Philanthropy

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