Overview
What is The King's Daughters' Hospital Foundation Incorporated?
The King's Daughters' Hospital Foundation Incorporated is a nonprofit organization based in Madison, Indiana. Its primary goal is to provide philanthropic support for various projects, programs, equipment, services, and initiatives of King's Daughters Health. The foundation raises and spends funds to enhance health and wellness within the local communities and regions it serves. The supported projects include capital improvements, educational and training programs, medical research, and other services or initiatives aligned with the charitable, religious, educational, and scientific objectives of King's Daughters' Health. The foundation's mission is to steward the funds to support and strengthen the mission of King's Daughters' Health. This mission was approved by the Board of Managers on August 1, 2006.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The King's Daughters' Hospital Foundation has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and financial practices, it has significant weaknesses in transparency and communication. The foundation scored 100% in accountability and finance, which reflects its adherence to best practices in governance, including having an independent board and effective conflict of interest and whistleblower policies.
However, the charity struggles with transparency, scoring poorly on several key metrics such as financial statements and CEO compensation reporting. The lack of publicly available information about staff and board members, as well as the absence of financial audits on its website, raises concerns about how the organization shares its operations with the public. Furthermore, its fundraising efficiency ratio is notably low, suggesting challenges in generating funds relative to expenses.
Overall, while The King's Daughters' Hospital Foundation shows promise in terms of governance, it needs to improve its transparency and communication practices to build greater trust and confidence among potential donors and beneficiaries. Addressing these limitations will be crucial for enhancing its overall impact and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is The King's Daughters' Hospital Foundation Incorporated legitimate?
The King's Daughters' Hospital Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. The King's Daughters' Hospital Foundation Incorporated 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:
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What is the mission statement of The King's Daughters' Hospital Foundation Incorporated?
The King's Daughters' Hospital Foundation is dedicated to raising and managing funds to strengthen the mission of King's Daughters' Health. The organization's primary goal is to enhance the health and wellness of individuals in various communities and regions. It accomplishes this by providing philanthropic support for various projects, programs, equipment, and services of King's Daughters' Health. The funds raised benefit the organization in several ways, including capital improvements, educational and training programs, medical research, and other initiatives related to charitable, religious, educational, and scientific purposes. The mission statement was approved by the Board of Managers on August 1, 2006.
Who is the CEO of The King's Daughters' Hospital Foundation Incorporated?
Darlene Connolly is the Principal Officer of The King's Daughters' Hospital Foundation Incorporated.
What is the revenue of The King's Daughters' Hospital Foundation Incorporated?
The King's Daughters' Hospital Foundation Incorporated's revenue in 2022 was $133,046,806.
Who are the executives of The King's Daughters' Hospital Foundation Incorporated and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for The King's Daughters' Hospital Foundation Incorporated?
The King's Daughters' Hospital Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The King's Daughters' Hospital Foundation Incorporated
The King's Daughters' Hospital Foundation Incorporated is a philanthropic organization dedicated to raising and managing funds to support and strengthen the mission of King's Daughters' Health. The Foundation's mission, approved by the Board of Managers on August 1, 2006, is geared towards providing financial assistance for various projects, programs, equipment, and services of King's Daughters' Health. These initiatives aim to enhance the health and well-being of individuals within their communities and beyond.
Moreover, The King's Daughters' Hospital Foundation Incorporated focuses on raising and expending funds for King's Daughters' Health, with purposes that include capital improvements, educational and training programs, including scholarships, medical or hospital-related research, and other services, programs, or initiatives related to or in support of the charitable, religious, educational, and scientific purposes of King's Daughters' Health. In essence, the Foundation serves as a critical partner to King's Daughters' Health, facilitating the implementation of numerous projects and programs that improve the overall health and well-being of their constituents.
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Impact
October, 2024
The King's Daughters' Hospital Foundation Incorporated significantly impacts the health and wellness of individuals in Madison, Indiana, and surrounding communities. By raising and managing funds, the Foundation supports essential projects and initiatives that enhance healthcare services, ensuring that local residents have access to high-quality medical care.
Through targeted funding, the Foundation contributes to capital improvements, enabling the hospital to upgrade its facilities and equipment, which directly benefits patient care. Educational and training programs— including scholarships—are also a key focus, fostering the development of healthcare professionals who are vital to the community's health ecosystem.
Additionally, the Foundation invests in medical and hospital-related research, which contributes to advancements in healthcare that directly benefit Jefferson County citizens. By addressing diverse health-related needs, the King's Daughters' Hospital Foundation strengthens the overall healthcare landscape, promoting better health outcomes and enhancing the quality of life for individuals in the region.
This information is meant to be a general summary of The King's Daughters' Hospital Foundation Incorporated. 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: $256,254
- Gross Receipts: $133,533,725
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2005
Phone
(812) 916-4390Principal Officer
Darlene Connolly
Main Address
310 WEST STREET, MADISON, IN, 47250
NTEE Category
Code: E112 - Health
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