Overview
What is Connecticut Children's Foundation Inc?
Connecticut Children's Foundation Inc is a Hartford, Connecticut-based nonprofit organization dedicated to supporting Connecticut Children's Medical Center, a tax-exempt hospital providing necessary healthcare services to all children, irrespective of race, color, creed, sex, national origin, or ability to pay. The Foundation aims to raise financial resources for Connecticut Children's by collaborating with patient families, donors, community members, philanthropic partners, and others. Through their efforts, they invest in people, research, technology, and state-of-the-art equipment, enabling Connecticut Children's to deliver the best possible care for children. The Foundation has a workforce of 30 employees.
Official website here: www.connecticutchildrensfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating (55%)
Connecticut Children's Foundation Inc has received a one-star rating from Charity Navigator, indicating concerns regarding its accountability and financial management, with a score of only 47 in this category. However, the organization excels in community engagement, receiving a perfect score of 94 for its culture and community efforts. This suggests that while there are financial issues, the organization is effectively engaging and responding to the needs of its constituents.
The nonprofit has demonstrated outstanding practices in feedback collection and usage, both receiving perfect scores as well. Additionally, it shows a strong commitment to equity strategies, scoring 91 out of 100, although there is room for improvement in its equity policies and processes. Notably, it has a highly independent board, with 90% of members being independent, which supports transparency and good governance.
Despite these strengths, the low financial score raises questions about the organization's fiscal health and sustainability. The absence of any material diversion of assets is a positive sign, but stakeholders may still seek more detailed information on financial practices and outcomes to gauge the organization's overall effectiveness and long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Connecticut Children's Foundation Inc legitimate?
Connecticut Children's Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Connecticut Children's 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: $466,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,675,929
For more financial information, click here
Official website here: www.connecticutchildrensfoundation.org
What is the mission statement of Connecticut Children's Foundation Inc?
The Connecticut Children's Foundation Inc supports Connecticut Children's Medical Center, a tax-exempt organization under Internal Revenue Code section 501(C)(3). Their mission is to raise financial resources to invest in people, research, technology, and state-of-the-art equipment for Connecticut Children's. By bringing together various stakeholders, they aim to help the medical center provide the necessary care children need and deserve. Through their efforts, they contribute significantly to the center's ability to deliver quality healthcare services.
Official website here: www.connecticutchildrensfoundation.org
Who is the CEO of Connecticut Children's Foundation Inc?
James E Shmerling Dha Fache is the Principal Officer of Connecticut Children's Foundation Inc. The CEO's salary of Connecticut Children's Foundation Inc is $0 and their total compensation is $1,666,820.
Official website here: www.connecticutchildrensfoundation.org
What is the revenue of Connecticut Children's Foundation Inc?
Connecticut Children's Foundation Inc's revenue in 2022 was $27,836,852.
Official website here: www.connecticutchildrensfoundation.org
Who are the executives of Connecticut Children's Foundation Inc and what are their salaries?
The average compensation at Connecticut Children's Foundation Inc during 2022 was $104,745. There are 30 employees and 16 volunteers at Connecticut Children's Foundation Inc.
Here are 24 key members and their salaries (Connecticut Children's Foundation Inc's CEO's salary is $0 and their total compensation is $1,666,820):
- Compensation: $0
- Related: $1,416,330
- Other: $250,490
- Compensation: $0
- Related: $563,259
- Other: $124,440
- Compensation: $379,601
- Related: $0
- Other: $86,831
- Compensation: $227,166
- Related: $0
- Other: $25,939
- Compensation: $179,552
- Related: $0
- Other: $18,726
- Compensation: $144,707
- Related: $0
- Other: $36,192
- Compensation: $128,279
- Related: $0
- Other: $16,982
- Compensation: $124,334
- Related: $0
- Other: $5,657
- 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
Official website here: www.connecticutchildrensfoundation.org
Where can I find the form 990 for Connecticut Children's Foundation Inc?
Connecticut Children's Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.connecticutchildrensfoundation.org
Learn more at the official website: www.connecticutchildrensfoundation.org
Mission Statement of Connecticut Children's Foundation Inc
Connecticut Children's Foundation, a tax-exempt organization under Internal Revenue Code section 501(c)(3), is dedicated to supporting Connecticut Children's Medical Center. This mission brings together various stakeholders, including patient families, donors, community members, and philanthropic partners, to raise the necessary funds for Connecticut Children's. By doing so, they contribute to the investment in people, research, technology, and advanced equipment at the medical center. This support enables Connecticut Children's to deliver the exceptional care that children in need deserve and expect. Connecticut Children's Foundation plays a vital role in ensuring the medical center has the resources to make a difference in the lives of young patients and their families.
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
Connecticut Children's Foundation Inc plays a vital role in enhancing the healthcare services provided to children at Connecticut Children's Medical Center. By mobilizing resources from patient families, donors, community members, and philanthropic partners, the Foundation raises essential funds that directly impact the quality of care available to young patients.
Their efforts help invest in advanced research, innovative technology, and state-of-the-art medical equipment, ensuring that children receive the highest standard of treatment they need and deserve. The Foundation's commitment is rooted in a belief that all children, regardless of their background or ability to pay, should have access to necessary medical care. Through community engagement and support, they foster a collaborative environment that strengthens the capabilities of Connecticut Children's Medical Center, ultimately leading to improved health outcomes and well-being for the children of Connecticut.
This information is meant to be a general summary of Connecticut Children's 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: $8,049,274
- Gross Receipts: $29,798,840
Assets and Liabilities:
- Total Assets: $192,846,429
- Total Liabilities: $275,170
- Net Assets: $192,571,259
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1985
Phone
(860) 545-9000Principal Officer
James E Shmerling Dha Fache
Main Address
282 WASHINGTON STREET, HARTFORD, CT, 061063322
NTEE Category
Code: E110 - Health
If you are a representative of Connecticut Children's 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.