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Temple University Health System Foundation

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

EIN: 232916108 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Temple University Health System Foundation?

Temple University Health System Foundation is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 3509 N Broad Street, 936. Their primary objective is to collect donations and allocate funds to support Temple University Health System, Inc. and Temple University Hospital, Inc., along with their affiliated entities. These organizations are dedicated to delivering healthcare services. The foundation's contributions aim to bolster their operations, ensuring they continue to provide essential health care services to their community.

Is Temple University Health System Foundation legitimate?

Temple University Health System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Temple University Health System 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

What is the mission statement of Temple University Health System Foundation?

The Temple University Health System Foundation's mission is centered around accepting contributions and dispensing grants to aid Temple University Health System, Inc., Temple University Hospital, Inc., and their affiliated entities. These entities are involved in providing healthcare services. The foundation's role is to support their operations and initiatives, contributing to the broader healthcare landscape.

Who is the CEO of Temple University Health System Foundation?

Michael Difranco is the Member; President of Temple University Health System Foundation.

What is the revenue of Temple University Health System Foundation?

Temple University Health System Foundation's revenue in 2022 was $1,756,921.

Who are the executives of Temple University Health System Foundation and what are their salaries?

There 4 volunteers at Temple University Health System Foundation.


Here are 10 key members and their salaries:


Chip W Marshall Iii (Member; President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles W Lockyer Jr (Member (Until 10/26/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Polett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Harmon-Weiss (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Mcnichol (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Curcillo Ii (Member (From 10/26/21))
  • Compensation: $0
  • Related: $398,079
  • Other: $55,601
Beth Koob (Secretary (Until 11/24/21))
  • Compensation: $0
  • Related: $705,927
  • Other: $83,180
Charna Wright (Asst Secretary)
  • Compensation: $0
  • Related: $86,462
  • Other: $19,636
Nicholas Barcellona (Treasurer)
  • Compensation: $0
  • Related: $728,253
  • Other: $41,771
Michael Difranco (Assistant Treasurer)
  • Compensation: $0
  • Related: $281,739
  • Other: $31,000
Where can I find the form 990 for Temple University Health System Foundation?

Temple University Health System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Temple University Health System Foundation

Temple University Health System Foundation, as a nonprofit entity, focuses on accepting contributions and disbursing grants to support various entities under the umbrella of Temple University Health System, Inc. and Temple University Hospital, Inc. These affiliates are dedicated to providing healthcare services. By accepting donations and allocating funds, the foundation plays a crucial role in enhancing the capabilities and reach of these healthcare organizations. This mission aims to improve the overall health care services provided, ultimately benefiting the community at large.

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Impact




October, 2024

Temple University Health System Foundation plays a critical role in enhancing healthcare services in Philadelphia and the surrounding areas. By accepting contributions and allocating grants, the foundation directly supports Temple University Health System, Inc. and Temple University Hospital, Inc., along with their affiliates, ensuring that they can provide high-quality healthcare services to the community.

The foundation's efforts contribute essential funding that helps maintain and improve medical facilities, promote medical research, and foster community health initiatives. Despite facing challenges, such as net investment losses from July 2021 to June 2022, the foundation remains dedicated to its mission of bolstering healthcare access and quality.

Through these contributions, the foundation not only enhances the operational capabilities of healthcare providers but also enriches the lives of patients by supporting innovative programs and services that address various health needs. Ultimately, the impact of the Temple University Health System Foundation extends far beyond financial assistance; it is instrumental in strengthening the overall healthcare landscape in the region.




This information is meant to be a general summary of Temple University Health System 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.

Revenue
$1,756,921 (2022)
Expenses
$60 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,756,921
  • Gross Receipts: $1,756,921

Assets and Liabilities:

  • Total Assets: $47,084,788
  • Total Liabilities: $35,759
  • Net Assets: $47,049,029

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Organization Details

Founding Year

1997

Principal Officer

Michael Difranco

Main Address

3509 N BROAD STREET 936, Philadelphia, PA, 19140

NTEE Category

Code: E11 - Health

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