Overview
What is Graham Hospital Foundation Incorporated?
Graham Hospital Foundation Incorporated, located in Canton, Illinois, is a nonprofit organization dedicated to supporting Graham Hospital Association. They accomplish this by providing financial aid for construction projects, major equipment purchases, and scholarship funding for clinical positions at the hospital. Additionally, the foundation offers several annual scholarships to nursing students at the Graham Hospital School of Nursing, in honor of individual donors, alleviating some financial burdens and promoting access to higher education in the healthcare field.
Official website here: www.grahamhealthsystem.org/graham-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Graham Hospital Foundation Incorporated has received a strong rating of 90%, indicating a high level of accountability and financial health. The organization's score is based solely on its Accountability & Finance metrics, which reflects a commitment to transparency and responsible management of resources. The foundation boasts a fully independent board and has no significant issues regarding the diversion of assets, bolstering trust in its governance.
Strengths of the Graham Hospital Foundation include an impressive program expense ratio of 96.61%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, the foundation has comprehensive policies in place, including a conflict of interest policy and proper documentation practices. However, it is noted that the foundation lacks a whistleblower policy, which could be a potential area for improvement in safeguarding against misconduct.
Overall, the Graham Hospital Foundation demonstrates a solid commitment to its mission with robust financial practices, but it may benefit from enhancing its governance policies to address the absence of a whistleblower protection mechanism. Its strong rating reflects confidence in its operations and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Graham Hospital Foundation Incorporated legitimate?
Graham Hospital Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graham 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.
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Official website here: www.grahamhealthsystem.org/graham-foundation
What is the mission statement of Graham Hospital Foundation Incorporated?
The Graham Hospital Foundation Incorporated supports Graham Hospital Association financially, contributing to the construction of additions and major renovations, purchasing major medical equipment, and funding scholarships for clinical positions. The foundation offers annual scholarships to students at the Graham Hospital School of Nursing, alleviating some financial burden and enhancing access to higher education in the healthcare field. The financial aid provided by the foundation aims to improve the hospital's infrastructure, equip it with advanced medical tools, and encourage the growth of healthcare professionals.
Official website here: www.grahamhealthsystem.org/graham-foundation
Who is the CEO of Graham Hospital Foundation Incorporated?
Robert G Senneff is the President of Graham Hospital Foundation Incorporated.
Official website here: www.grahamhealthsystem.org/graham-foundation
What is the revenue of Graham Hospital Foundation Incorporated?
Graham Hospital Foundation Incorporated's revenue in 2022 was $94,751.
Official website here: www.grahamhealthsystem.org/graham-foundation
Who are the executives of Graham Hospital Foundation Incorporated and what are their salaries?
There 17 volunteers at Graham Hospital Foundation Incorporated.
Here are 16 key members and their salaries:
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Official website here: www.grahamhealthsystem.org/graham-foundation
Where can I find the form 990 for Graham Hospital Foundation Incorporated?
Graham Hospital Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grahamhealthsystem.org/graham-foundation
Learn more at the official website: www.grahamhealthsystem.org/graham-foundation
Mission Statement of Graham Hospital Foundation Incorporated
Graham Hospital Foundation Incorporated is committed to supporting Graham Hospital Association financially, contributing to the expansion of the hospital through building additions and major renovations, procurement of significant medical equipment, and funding for clinical positions' scholarships. By providing these resources, the foundation aims to enhance the capabilities and services offered by Graham Hospital Association, ultimately benefiting the community it serves.
In a more comprehensive sense, the mission of Graham Hospital Foundation Incorporated can be interpreted as an investment in the future of healthcare provision. By financing construction projects and equipment acquisitions, the foundation helps Graham Hospital Association expand its facilities and upgrade its medical tools, thereby improving the quality of care provided to patients. Furthermore, by offering scholarships for clinical positions, the foundation supports the education and training of future healthcare professionals, ensuring a steady supply of skilled individuals to maintain and enhance the hospital's services. In essence, Graham Hospital Foundation Incorporated plays a pivotal role in strengthening Graham Hospital Association's infrastructure and workforce, thereby contributing to the overall well-being of the community.
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Impact
October, 2024
Graham Hospital Foundation Incorporated significantly enhances healthcare services and education in Canton, IL, by providing crucial financial support to the Graham Hospital Association. The foundation plays a pivotal role in funding building additions and major remodeling projects, ensuring that the hospital remains equipped to meet community needs effectively.
In addition to infrastructure improvements, the foundation invests in advanced medical equipment, enhancing the hospital's capacity for quality patient care. Furthermore, it actively supports the future healthcare workforce through scholarship programs tailored for nursing students at the Graham Hospital School of Nursing. By alleviating some of the financial burdens of education, these scholarships increase access to nursing careers, ultimately contributing to a stronger healthcare system in the region.
The combined impact of these initiatives fosters a thriving community where enhanced healthcare facilities and a well-prepared nursing workforce work together to improve health outcomes and quality of life for residents.
This information is meant to be a general summary of Graham 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: $6,206
- Gross Receipts: $115,087
Assets and Liabilities:
- Total Assets: $649,691
- Total Liabilities: $5,000
- Net Assets: $644,691
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Organization Details
Founding Year
2007
Phone
(309) 647-5240Principal Officer
Robert G Senneff
Main Address
210 W WALNUT ST, CANTON, IL, 61520
NTEE Category
Code: E12 - Health
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