Medical Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232131641 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Medical Trust?

Medical Trust is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to offer substantial support to the Pew Charitable Trusts, a well-known public charity described under sections 501(C)(3) and 170(B)(1)(A)(VI) of the Internal Revenue Code. The Pew Charitable Trusts are renowned for their initiatives to enhance public policy, generate public awareness of significant issues and trends, and stimulate civic engagement. Medical Trust's involvement is instrumental in enabling this mission.

What are the reviews and ratings of this charity?

The Medical Trust is not currently rated by Charity Navigator. This absence of a rating is primarily due to the limited availability of electronically-filed IRS Form 990 data, which restricts evaluation of the organization’s Accountability & Finance and Impact & Measurement. Historical insights suggest that the organization's existing scores were previously based on financial accountability.

Despite the lack of a comprehensive rating, some data on The Medical Trust's revenue and expenses are available, indicating financial trends over recent years. Information on key personnel compensation is also provided, with the highest reported salary being $836,414 for The Glenmede Trust Co Na, Trustee. The Foundation Status is noted as being operated for the benefit of certain organizations, categorized under 509(a)(3).

Due to a lack of detailed evaluative data, The Medical Trust currently does not have scores in Impact & Measurement, Culture & Community, and Leadership & Adaptability. This gap highlights the organization's present inability to submit necessary information concerning strategic planning and constituent feedback. The nonprofit is classified as an independent entity and not part of a larger group. No user reviews from GreatNonprofits are available to offer further insights into stakeholder experiences.


This AI summary has been generated from information found on Charity Navigator.

Is Medical Trust legitimate?

Medical Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Trust 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: $852,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Medical Trust?

The Medical Trust is a supporting organization that substantially backs the Pew Charitable Trusts, a public charity under Internal Revenue Code sections 501(c)(3) and 170(b)(1)(a)(vi). This charitable entity conducts and funds programs aimed at enhancing public policy, keeping the public informed about significant issues and trends, and sparking civic engagement. Through its financial assistance, the Medical Trust plays a pivotal role in enabling the Pew Charitable Trusts to make a positive impact on various public concerns.

Who is the CEO of Medical Trust?

Glenmede Trust Co Na is the Trustee of Medical Trust.

What is the revenue of Medical Trust?

Medical Trust's revenue in 2022 was $30,524,797.

Who are the executives of Medical Trust and what are their salaries?


There is 1 key member and their salary:


The Glenmede Trust Co Na (Trustee)
  • Compensation: $852,645
  • Related: $0
  • Other: $0
Where can I find the form 990 for Medical Trust?

Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Medical Trust

Medical Trust is a significant supporter of the Pew Charitable Trusts, a public charity as described in the Internal Revenue Code sections 501(c)(3) and 170(b)(1)(A)(vi). This organization plays a vital role in funding and conducting programs intended to enhance public policy, stimulate public discourse on crucial issues and trends, and bolster civic life.

In essence, Medical Trust's mission revolves around partnering with the Pew Charitable Trusts to foster positive change through the development and implementation of effective programs. By supporting the charitable trusts, Medical Trust contributes to initiatives that aim to maintain public awareness and encourage active participation in the community.

The partnership between Medical Trust and the Pew Charitable Trusts fosters a collaborative effort to improve public policy and create a more informed and engaged citizenry. The programs the trusts conduct and fund are designed to address a range of significant issues and trends, ensuring a meaningful impact on society. By providing substantial support, Medical Trust contributes to the ongoing success of these initiatives and ultimately enhances the overall well-being of communities.

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Impact




October, 2024

Medical Trust significantly influences public policy and civic engagement by providing crucial support to the Pew Charitable Trusts. This collaboration helps fund and conduct programs aimed at improving public policy and enhancing awareness of vital issues and trends. By invigorating civic life, Medical Trust plays a pivotal role in fostering informed communities that are actively engaged in addressing health and societal challenges. Its impact is particularly evident in areas that prioritize public health and systemic improvements, thereby contributing to a more informed and active citizenry.




This information is meant to be a general summary of Medical Trust. 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.

Revenue
$30,524,797 (2022)
Expenses
$13,714,187 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,626,498
  • Gross Receipts: $42,726,032

Assets and Liabilities:

  • Total Assets: $229,683,820
  • Total Liabilities: $0
  • Net Assets: $229,683,820

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Organization Details

Founding Year

1982

Principal Officer

Glenmede Trust Co Na

Main Address

GLENMEDE TR CO 1650 MKT ST 1200, PHILADELPHIA, PA, 191037391

NTEE Category

Code: E31 - Health

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