Overview
What is F F Thompson Hospital Foundation Inc?
F.F. Thompson Hospital Foundation Inc, a nonprofit corporation based in Canandaigua, New York, is dedicated to raising philanthropic funds for the F.F. Thompson Health System and its affiliated organizations. The foundation awards Community Health Grants annually to local organizations that meet specific criteria, including improving community health, setting clear goals with timeframes, and demonstrating a commitment to community partnerships. In 2022, the foundation granted funds to 13 such organizations. The foundation manages both restricted and unrestricted funds to support the health system's services and priority needs. With a small team of five employees, F.F. Thompson Hospital Foundation Inc plays an essential role in enhancing healthcare in the local community.
Official website here: www.thompsonhealth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
F F Thompson Hospital Foundation Inc has received an impressive Four-Star rating from Charity Navigator, signifying strong performance in accountability and finance. The foundation scored particularly well in various categories, maintaining a 100% score in Accountability & Finance. Notably, 90% of its board members are independent, showcasing a commitment to transparency and effective governance.
The organization has demonstrated excellent financial health, with a program expense ratio of 93% and a fundraising efficiency ratio of $0.00, indicating that all funds raised are directly supporting its mission. The foundation also has robust policies in place for conflict of interest, whistleblowing, and document retention, underscoring its dedication to ethical practices and accountability.
While the foundation performs exceptionally well, the data does not highlight any specific areas for improvement. Overall, F F Thompson Hospital Foundation Inc is a well-managed organization that appears to effectively utilize its resources to benefit its community.
This AI summary has been generated from information found on Charity Navigator.
Is F F Thompson Hospital Foundation Inc legitimate?
F F Thompson Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. F F Thompson Hospital 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: $170,497
For more financial information, click here
Official website here: www.thompsonhealth.com
What is the mission statement of F F Thompson Hospital Foundation Inc?
The F.F. Thompson Hospital Foundation Inc, as a not-for-profit corporation, strives to secure philanthropic backing for the services and essential needs of the F.F. Thompson Health System and its affiliated tax-exempt organizations. Its primary role is to manage both restricted and unrestricted funds of the Foundation. The Foundation also supports local organizations by awarding Community Health Grants. These grants are given to organizations that meet certain criteria, including improving the health status of the community, having a clear goal with a time frame, and demonstrating a commitment to community partnerships. In 2022, the Foundation awarded 13 such grants.
Official website here: www.thompsonhealth.com
Who is the CEO of F F Thompson Hospital Foundation Inc?
Michael F Stapleton Jr is the President/Ceo of F F Thompson Hospital Foundation Inc. The CEO's salary of F F Thompson Hospital Foundation Inc is $0 and their total compensation is $1,042,142.
Official website here: www.thompsonhealth.com
What is the revenue of F F Thompson Hospital Foundation Inc?
F F Thompson Hospital Foundation Inc's revenue in 2022 was $2,212,346.
Official website here: www.thompsonhealth.com
Who are the executives of F F Thompson Hospital Foundation Inc and what are their salaries?
The average compensation at F F Thompson Hospital Foundation Inc during 2022 was $34,099. There are 5 employees and 63 volunteers at F F Thompson Hospital Foundation Inc.
Here are 24 key members and their salaries (F F Thompson Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $1,042,142):
- Compensation: $0
- Related: $916,820
- Other: $125,322
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- Related: $438,546
- Other: $80,243
- Compensation: $0
- Related: $285,895
- Other: $45,055
- Compensation: $18,861
- Related: $24,592
- Other: $946
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Official website here: www.thompsonhealth.com
Where can I find the form 990 for F F Thompson Hospital Foundation Inc?
F F Thompson Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thompsonhealth.com
Learn more at the official website: www.thompsonhealth.com
Mission Statement of F F Thompson Hospital Foundation Inc
F.F. Thompson Hospital Foundation Inc, as a not-for-profit corporation, is dedicated to securing philanthropic backing for the essential services and priority requirements of the F.F. Thompson Health System and its affiliated tax-exempt corporations. The Foundation's primary role is to manage both restricted and unrestricted funds on behalf of this system. In pursuit of this mission, the Foundation provides financial support to local organizations that align with its goals, specifically those that improve the health status of the community, establish clear objectives with definite timelines, and demonstrate a strong commitment to community collaboration. In 2022, the Foundation awarded a total of 13 Community Health Grants to eligible applicants.
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Impact
October, 2024
F.F. Thompson Hospital Foundation Inc significantly enhances the health and well-being of the Canandaigua community by facilitating philanthropic support for the F.F. Thompson Health System. In 2022, the Foundation awarded 13 Community Health Grants to various local organizations, emphasizing initiatives that improve health outcomes and foster community partnerships. These grants demonstrate a commitment to advancing health status within the community, providing essential resources that allow organizations to set clear goals and timelines for their health initiatives. By managing both restricted and unrestricted funds, the Foundation ensures that financial support effectively addresses the priority health needs in the area, further cementing its role as a vital resource for local health improvement efforts.
This information is meant to be a general summary of F F Thompson Hospital 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: $492,737
- Gross Receipts: $2,329,165
Assets and Liabilities:
- Total Assets: $18,865,914
- Total Liabilities: $1,888,999
- Net Assets: $16,976,915
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Organization Details
Founding Year
1988
Phone
(585) 396-6000Principal Officer
Michael F Stapleton Jr
Main Address
350 Parrish St, Canandaigua, NY, 14424
Website
www.thompsonhealth.comNTEE Category
Code: T30 - Philanthropy
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