Overview
What is Lancaster General Health Foundation?
Lancaster General Health Foundation is a philanthropic organization situated in Lancaster, Pennsylvania, with an address at 555 North Duke Street. Its primary role is to support various entities within the Lancaster General Health system, engaging in fundraising activities to provide financial assistance. The foundation's mission is to foster a culture of philanthropy within this system, aiming to enhance the delivery of healthcare services and improve community health. It accomplishes this by aiding and investing funds for the benefit of its supported organizations, which include Lancaster General Hospital, Lancaster General Medical Group, Pennsylvania College of Health Sciences, The Heart Group of Lancaster General Health, and Lancaster General Health Columbia Center. Each of these entities is a non-profit organization, described under Section 501(C)(3) of the Internal Revenue Code and recognized as a public charity. The foundation has a workforce of 9 individuals contributing to its operations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
The Lancaster General Health Foundation has received a low rating of 54%, primarily due to its performance in Accountability & Finance, which is the sole criterion for its score. While the organization demonstrates strong governance features, such as a fully independent board and the presence of key oversight policies, it struggles significantly with its financial ratios, particularly in program expenses and liabilities.
The foundation excels in areas like fundraising efficiency, indicating that it raises funds effectively relative to its costs. However, the absence of program expenses raises concerns about how funds are allocated towards direct services and community impact. Additionally, the high salaries of key personnel may draw scrutiny regarding the organization's financial prioritization.
Overall, while there are some governance strengths, the foundation faces critical challenges that hinder its ability to effectively serve its mission and demonstrate transparency in its financial practices. The low program expense ratio suggests the need for improved resource allocation towards its charitable endeavors.
This AI summary has been generated from information found on Charity Navigator.
Is Lancaster General Health Foundation legitimate?
Lancaster General Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lancaster General 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: $230,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $468,309
For more financial information, click here
What is the mission statement of Lancaster General Health Foundation?
The Lancaster General Health Foundation's mission is to foster a philanthropic culture within the Lancaster General Health System. It primarily supports and serves the functions of various non-profit organizations under this system, such as Lancaster General Hospital, Lancaster General Medical Group, Pennsylvania College of Health Sciences, The Heart Group of Lancaster General Health, and Lancaster General Health Columbia Center. These organizations are all described under Section 501(C)(3) of the Internal Revenue Code and are considered public charities. The foundation's purpose is to benefit these organizations and contribute to their missions.
Who is the CEO of Lancaster General Health Foundation?
Douglas W Rinehart is the Assistant Secretary of Lancaster General Health Foundation.
What is the revenue of Lancaster General Health Foundation?
Lancaster General Health Foundation's revenue in 2022 was $3,805,118.
Who are the executives of Lancaster General Health Foundation and what are their salaries?
The average compensation at Lancaster General Health Foundation during 2022 was $77,614. There are 9 employees and 90 volunteers at Lancaster General Health Foundation.
Here are 28 key members and their salaries:
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- Related: $828,753
- Other: $53,879
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- Other: $101,623
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- Other: $68,275
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- Related: $280,577
- Other: $34,199
- Compensation: $219,729
- Related: $0
- Other: $38,536
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- Related: $170,757
- Other: $28,262
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- Related: $153,145
- Other: $19,993
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Where can I find the form 990 for Lancaster General Health Foundation?
Lancaster General Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lancaster General Health Foundation
Lancaster General Health Foundation, a philanthropic organization, is committed to fostering a philanthropic culture within the Lancaster General Health System. Its mission is to serve and support the interests of its affiliated entities, including Lancaster General Hospital, Lancaster General Medical Group, Pennsylvania College of Health Sciences, The Heart Group of Lancaster General Health, and Lancaster General Health Columbia Center. All these entities are non-profit organizations, qualifying under Section 501(c)(3) of the Internal Revenue Code, and are either public charities described in Section 509(a)(1) or 509(a)(2) of the code. The foundation's role is to benefit, perform functions for, or carry out the purposes of these organizations within the Lancaster General Health System, thereby contributing to the overall well-being and advancement of the healthcare sector.
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Impact
October, 2024
Lancaster General Health Foundation significantly enhances healthcare delivery and community health in the Lancaster area. By engaging in strategic fundraising programs, the Foundation provides essential financial support to various members within the Lancaster General Health system, including Lancaster General Hospital and the Pennsylvania College of Health Sciences.
Through its efforts, the Foundation plays a vital role in advancing a culture of philanthropy that helps improve health services and outcomes. It ensures that crucial resources are available to assist these organizations in fulfilling their charitable health missions, thereby directly impacting the quality of care received by the community. The Foundation’s commitment to strengthening the healthcare infrastructure contributes to a healthier community overall, demonstrating its vital role in the well-being of Lancaster’s residents.
This information is meant to be a general summary of Lancaster General 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: $27,643
- Gross Receipts: $4,153,567
Assets and Liabilities:
- Total Assets: $2,721,915
- Total Liabilities: $976,348
- Net Assets: $1,745,567
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Organization Details
Founding Year
2006
Phone
(717) 544-5374Principal Officer
Douglas W Rinehart
Main Address
555 NORTH DUKE STREET, LANCASTER, PA, 176043555
NTEE Category
Code: T30 - Philanthropy
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