Overview
What is Hawaii Medical Foundation?
The Hawaii Medical Foundation is a nonprofit organization dedicated to enhancing the knowledge and skills of medical professionals. Specifically, they focus on physician education, offering continuous medical education to practicing physicians and educating medical students, residents, and fellows in training. Their Geriatrics fund is particularly committed to addressing the educational needs of medical trainees in geriatric medicine. Additionally, the foundation returns unused grant funds from the physician leadership academy program to the physicians foundation, demonstrating their commitment to supporting medical education and professional development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Hawaii Medical Foundation has received a solid score of 80%, indicating a good level of accountability and financial health. This rating is based entirely on its Accountability & Finance metrics, reflecting the organization's commitment to transparency and effective management of resources. In the most recent fiscal year (FY2023), the foundation demonstrated no significant weaknesses in its governance and financial practices.
Strengths include a fully independent board comprising nine members, adherence to policies such as a whistleblower policy, and the documentation of board meeting minutes, all contributing to high accountability scores. Additionally, the foundation maintains a strong program expense ratio of over 87%, indicating that a significant portion of its resources is directed towards its mission-related activities.
The foundation's liabilities to assets ratio of 1.47% also highlights its financial stability, suggesting it does not hold excessive liabilities relative to its assets. However, the rating primarily reflects financial metrics without insights into programmatic impact or community feedback, which could provide a more comprehensive view of the foundation's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Medical Foundation legitimate?
Hawaii Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Medical 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 Hawaii Medical Foundation?
The Hawaii Medical Foundation is dedicated to promoting physician education as a primary focus. This encompasses continuous medical education for established physicians, as well as the instruction of medical students, residents, and fellows in their respective training programs. The foundation's Geriatrics fund serves to meet the educational requirements of medical trainees specializing in geriatric medicine. Additionally, any unused grant funds from the physician leadership academy program are redistributed to the Physicians Foundation by the Hawaii Medical Foundation.
What is the revenue of Hawaii Medical Foundation?
Hawaii Medical Foundation's revenue in 2023 was $157,240.
Who are the executives of Hawaii Medical Foundation and what are their salaries?
There 9 volunteers at Hawaii Medical Foundation.
Here are 10 key members and their salaries:
- 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: $2,822
- Related: $0
- Other: $0
Where can I find the form 990 for Hawaii Medical Foundation?
Hawaii Medical Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hawaii Medical Foundation
Hawaii Medical Foundation is dedicated to promoting the education of physicians, with a primary focus on continuing medical education for practicing doctors. Beyond this, the foundation also invests in the education of medical students, residents, and fellows in training. The organization's Geriatrics fund specifically caters to the educational program needs of medical trainees specializing in geriatric medicine. Additionally, the foundation returns any unused grant funds from the physician leadership academy program back to the Physicians Foundation, demonstrating their commitment to supporting the professional growth of medical professionals.
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
Hawaii Medical Foundation significantly enhances healthcare quality in the region by prioritizing physician education. Their initiatives include providing continuing medical education for practicing physicians, as well as comprehensive training programs for medical students, residents, and fellows. A notable aspect of their work is the Geriatrics fund, which specifically addresses the educational needs of trainees in geriatric medicine, ensuring that upcoming physicians are equipped to meet the demands of an aging population.
Moreover, the foundation demonstrates a commitment to responsible funding practices by returning unused grant funds from the physician leadership academy program, reinvesting them into the healthcare community. Through these efforts, the Hawaii Medical Foundation effectively fosters a well-trained medical workforce, ultimately improving patient care across Hawaii.
This information is meant to be a general summary of Hawaii Medical 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 2023.
- Investment Income: $49
- Program Service Revenue: $143,191
- Gross Receipts: $157,240
Assets and Liabilities:
- Total Assets: $241,411
- Total Liabilities: $1,568
- Net Assets: $239,843
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CANCER SYMPOSIUM
Revenue
$143,191
Organization Details
Founding Year
1968
Principal Officer
Jerry W Van Meter Md
NTEE Category
Code: H30Z - Medical research
If you are a representative of Hawaii Medical 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.