Overview
What is Bristol Hospital Development Foundation Inc?
Bristol Hospital Development Foundation Inc is a nonprofit organization situated in Bristol, Connecticut, with a focus on providing financial support for Bristol Hospital and its affiliated healthcare group. They achieve this by implementing and enhancing development and community relations programs. Their primary activities include securing significant capital and major gifts through periodic campaigns and programs, procuring annual donations through various fundraising techniques, organizing special events to engage community members and strengthen donor relationships, and promoting charitable estate planning to build endowments for long-term needs. With a dedicated workforce of three individuals, the Foundation serves as a vital source of philanthropic donations for the hospital and its affiliated healthcare group.
Official website here: www.bristolhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star rating
The Bristol Hospital Development Foundation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 93%, the organization demonstrates a commitment to transparency and proper financial management, which is significant for potential donors looking for trustworthy nonprofits. The high percentage of independent board members and the absence of any material diversion of assets bolster its reputation.
Strengths of the foundation include a robust financial oversight structure, with full marks in areas such as audit and oversight committee activity, conflict of interest policy, and document management. Furthermore, the foundation has a very low liabilities to assets ratio, indicating solid financial health, and an outstanding fundraising efficiency ratio, ensuring that donations are used effectively.
However, the program expense ratio stands at 73.03%, which, while positive, leaves room for improvement in aligning more spending directly with programmatic efforts. Overall, the Bristol Hospital Development Foundation appears to be a reliable and financially sound organization, though potential donors may want to consider its program spending relative to its fundraising and administrative costs.
This AI summary has been generated from information found on Charity Navigator.
Is Bristol Hospital Development Foundation Inc legitimate?
Bristol Hospital Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bristol Hospital Development 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: $123,398
For more financial information, click here
Official website here: www.bristolhospital.org
What is the mission statement of Bristol Hospital Development Foundation Inc?
The Bristol Hospital Development Foundation Inc is committed to providing financial support for Bristol Hospital and its healthcare group. To achieve this, they implement and enhance hospital and affiliate-based development and community relations programs. This non-profit organization solicits, receives, invests, manages, disburses, and coordinates philanthropic funds on behalf of Bristol Hospital and its affiliates, serving as a publicly supported intermediary. The foundation's primary aim is to strengthen the financial position of the hospital and its associated healthcare entities, ultimately contributing to improved healthcare services in the community.
Official website here: www.bristolhospital.org
Who is the CEO of Bristol Hospital Development Foundation Inc?
Kurt Barwis is the President & Ceo of Bristol Hospital Development Foundation Inc. The CEO's salary of Bristol Hospital Development Foundation Inc is $0 and their total compensation is $1,121,122.
Official website here: www.bristolhospital.org
What is the revenue of Bristol Hospital Development Foundation Inc?
Bristol Hospital Development Foundation Inc's revenue in 2022 was $2,769,616.
Official website here: www.bristolhospital.org
Who are the executives of Bristol Hospital Development Foundation Inc and what are their salaries?
The average compensation at Bristol Hospital Development Foundation Inc during 2022 was $41,133. There are 3 employees and 49 volunteers at Bristol Hospital Development Foundation Inc.
Here are 37 key members and their salaries (Bristol Hospital Development Foundation Inc's CEO's salary is $0 and their total compensation is $1,121,122):
- Compensation: $0
- Related: $960,118
- Other: $161,004
- Compensation: $0
- Related: $416,917
- Other: $1,462
- Compensation: $0
- Related: $69,190
- Other: $1,727
- Compensation: $0
- Related: $38,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $344,178
- Other: $148
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bristolhospital.org
Where can I find the form 990 for Bristol Hospital Development Foundation Inc?
Bristol Hospital Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bristolhospital.org
Learn more at the official website: www.bristolhospital.org
Mission Statement of Bristol Hospital Development Foundation Inc
Bristol Hospital Development Foundation Inc is a dedicated non-profit organization, committed to providing financial support for Bristol Hospital and its associated healthcare group. To achieve this mission, the foundation implements and enhances hospital and affiliate-based development and community relations programs. Its primary goal is to solicit, receive, invest, manage, disburse, and coordinate philanthropic funds on behalf of Bristol Hospital and its affiliates, aiming to strengthen their financial position and improve the quality of healthcare they provide. By doing so, the foundation plays a vital role in supporting the hospital's growth and ensuring its ability to meet the health needs of its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Bristol Hospital Development Foundation Inc plays a crucial role in enhancing the healthcare services provided by the Bristol Hospital and Health Care Group. Through its comprehensive fundraising strategies, the Foundation actively seeks donations from individuals, businesses, corporations, and other organizations to support various capital needs and program enhancements within the hospital.
The Foundation implements significant campaigns aimed at securing major gifts, allowing for the advancement of crucial hospital projects and necessary updates to facilities. By organizing annual fundraising initiatives and special events, it strengthens community involvement, fosters donor relationships, and raises awareness of the charitable efforts benefiting local healthcare services.
Additionally, the Foundation encourages planned giving and charitable estate planning, which help build a sustainable endowment to address long-term healthcare needs in the community. Overall, Bristol Hospital Development Foundation Inc directly contributes to the ongoing improvement and expansion of healthcare services, ensuring that Bristol Hospital can continue to meet the evolving health needs of its community.
This information is meant to be a general summary of Bristol Hospital Development 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: $356,131
- Gross Receipts: $2,946,974
Assets and Liabilities:
- Total Assets: $7,530,049
- Total Liabilities: $1,180,378
- Net Assets: $6,349,671
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1984
Phone
(860) 585-3365Principal Officer
Kurt Barwis
Main Address
41 BREWSTER ROAD, BRISTOL, CT, 06010
Website
www.bristolhospital.orgNTEE Category
Code: E22I - Health
If you are a representative of Bristol Hospital Development Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.