Overview
What is Methodist Hospital Foundation?
The Methodist Hospital Foundation is a charitable organization serving as the fundraising arm of Methodist Hospital, located in Philadelphia, Pennsylvania. Its mission is to raise funds and grant them to support the delivery of healthcare services at the hospital and within the surrounding community. The foundation's grants empower grassroots organizations by providing them with much-needed financial resources, enabling them to offer home care, elder care, family, and children's services, among other programs. By doing so, the foundation strengthens the community and helps it remain diverse and united. Since its inception, the Methodist Hospital Foundation has reinvested over $1.5 million in the community through its grant program.
Official website here: www.methhospfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Methodist Hospital Foundation has received an 83% rating from Charity Navigator, which is considered a Three-Star rating. This score reflects strong performance in Accountability & Finance, indicating the organization adheres to transparent financial practices and governance. The foundation boasts a fully independent board and has demonstrated good practices in terms of asset management and board documentation.
Strengths identified include a complete absence of material diversion of assets, a high program expense ratio of 100%, and a favorable liabilities to assets ratio of 0.84%. The inclusion of its website on tax forms and a conflict of interest policy adds to the foundation's credibility. However, it should be noted that the Foundation is missing a whistleblower policy and a document retention and destruction policy, which are considered limitations in governance practices.
Overall, the Methodist Hospital Foundation appears to be a well-managed organization with a commitment to accountability, although there are areas for improvement in its governance policies. Potential donors may find these strengths reassuring, while the noted limitations could be points of consideration when evaluating the foundation's overall operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Hospital Foundation legitimate?
Methodist Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.methhospfdn.org
What is the mission statement of Methodist Hospital Foundation?
The Methodist Hospital Foundation serves as the fundraising arm for Methodist Hospital, operating as a public charity. Its primary mission is to raise funds and provide grants to support the delivery of healthcare services within the hospital and its surrounding community. The foundation's charitable activities empower grassroots organizations by providing them with much-needed financial resources for various programs, such as home care, elder care, family, and children's services. Since its inception in 1998, the foundation has reinvested over $1.5 million in the community through its grant program, strengthening the diverse neighborhood by funding programs that unite its residents.
Official website here: www.methhospfdn.org
Who is the CEO of Methodist Hospital Foundation?
Joseph P Anton is the Trustee - President/Ceo of Methodist Hospital Foundation. The CEO's salary of Methodist Hospital Foundation is $0 and their total compensation is $0.
Official website here: www.methhospfdn.org
What is the revenue of Methodist Hospital Foundation?
Methodist Hospital Foundation's revenue in 2022 was $158,854.
Official website here: www.methhospfdn.org
Who are the executives of Methodist Hospital Foundation and what are their salaries?
There 23 volunteers at Methodist Hospital Foundation.
Here are 12 key members and their salaries (Methodist Hospital Foundation's CEO's salary is $0 and their total compensation is $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.methhospfdn.org
Where can I find the form 990 for Methodist Hospital Foundation?
Methodist Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.methhospfdn.org
Learn more at the official website: www.methhospfdn.org
Mission Statement of Methodist Hospital Foundation
Methodist Hospital Foundation, a charitable organization, serves as the fundraising arm for Methodist Hospital. Its mission is to raise funds and provide grants to support the delivery of healthcare services within the community. The foundation empowers grassroots organizations by making financial resources available to them, enabling them to provide essential services such as home care, elder care, family, and children's services. This collaboration strengthens the diverse neighborhood, ensuring its continued resilience. Since its inception in 1998, Methodist Hospital Foundation has reinvested over $1.5 million in the community through its grant program, demonstrating its commitment to improving healthcare and community well-being.
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
Methodist Hospital Foundation plays a crucial role in enhancing healthcare delivery in Philadelphia and its surrounding communities. By raising funds and providing grants, it supports a wide range of healthcare services at Methodist Hospital, ensuring that the institution can continue its commitment to serving the community effectively.
Since its initiation of grant solicitation in 1998, the Foundation has empowered grassroots organizations by making essential financial resources available for various healthcare-related programs. These grants have positively impacted home care, elder care, and family services, strengthening the community and fostering collaboration among local organizations.
The Foundation has reinvested over $1.5 million into the community, ensuring that it remains resilient and united. This collaborative approach not only enhances the availability of critical health services but also nurtures a healthier community overall, addressing diverse needs and promoting well-being for all residents.
This information is meant to be a general summary of Methodist Hospital 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: $133,413
- Gross Receipts: $169,993
Assets and Liabilities:
- Total Assets: $11,960,825
- Total Liabilities: $223,213
- Net Assets: $11,737,612
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1976
Phone
(215) 503-8958Principal Officer
Joseph P Anton
Main Address
2301 SOUTH BROAD STREET, PHILADELPHIA, PA, 191483542
Website
www.methhospfdn.orgNTEE Category
Code: E11 - Health
If you are a representative of Methodist Hospital Foundation 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.