Overview
What is Akron Children's Hospital Foundation?
Akron Children's Hospital Foundation is a nonprofit organization based in Akron, Ohio, with a mission to support Children's Hospital Medical Center of Akron (CHMCA). Their primary goal is to raise funds for the hospital, ensuring it can continue to uphold its promises: treating everyone with care and respect, treating each child as if they were their own, and turning no child away, regardless of the reason. In 2022, the foundation disbursed $14.37 million to CHMCA, which was allocated to various programs including hematology/oncology, behavioral health, palliative care, research and education, the regional burn center, safety and injury prevention, child advocacy, neonatal, pediatrics, tele-health, and other essential services. The foundation employs a team of 36 individuals in its effort to solicit donations for CHMCA's mission.
Official website here: www.https:/www.akronchildrens.org/giving
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star rating
Akron Children's Hospital Foundation has achieved a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 93% overall, demonstrating effective management of resources, which is essential for maintaining donor trust and operational sustainability.
The Foundation's governance is particularly noteworthy, with a fully independent board of directors and robust policies in place, such as conflict of interest and whistleblower protections. The organization also excels in financial oversight, with no material diversion of assets reported, highlighting its integrity in handling funds.
Despite these strengths, there is a minor area for improvement in fundraising efficiency, where the metric shows a cost of $0.23 to raise a dollar. However, the overall financial ratios indicate a solid performance, ensuring the Foundation can continue its mission to support children's health care effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Akron Children's Hospital Foundation legitimate?
Akron Children's Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akron Children's 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: $448,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,530,383
For more financial information, click here
Official website here: www.https:/www.akronchildrens.org/giving
What is the mission statement of Akron Children's Hospital Foundation?
The Akron Children's Hospital Foundation exists to support Children's Hospital Medical Center of Akron (CHMCA) by gathering donations for its mission. The foundation is dedicated to enhancing CHMCA's abilities to uphold its three promises: treating each patient with compassion, caring for every child as if they were our own, and never denying care to any child. In 2022, $14,368,908 in foundation funds were allocated to various programs within the hospital, including hematology/oncology, behavioral health, palliative care, research and education, the regional burn center, safety and injury prevention, child advocacy, neonatal, pediatrics, tele-health, and other initiatives. These funds contribute significantly to CHMCA's efforts to provide top-notch care and advancements for its young patients.
Official website here: www.https:/www.akronchildrens.org/giving
Who is the CEO of Akron Children's Hospital Foundation?
Michele Brown is the Executive Director of Akron Children's Hospital Foundation.
Official website here: www.https:/www.akronchildrens.org/giving
What is the revenue of Akron Children's Hospital Foundation?
Akron Children's Hospital Foundation's revenue in 2022 was $22,003,424.
Official website here: www.https:/www.akronchildrens.org/giving
Who are the executives of Akron Children's Hospital Foundation and what are their salaries?
The average compensation at Akron Children's Hospital Foundation during 2022 was $82,747. There are 36 employees and 34 volunteers at Akron Children's Hospital Foundation.
Here are 41 key members and their salaries:
- Compensation: $0
- Related: $1,015,692
- Other: $248,209
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- Other: -$185,457
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- Other: $52,409
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- Other: $40,210
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- Other: $6,508
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- Related: $558,764
- Other: $103,678
- Compensation: $240,739
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- Compensation: $155,521
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- Compensation: $139,120
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- Compensation: $136,265
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- Compensation: $132,153
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- Other: $21,817
- Compensation: $0
- Related: $1,883,276
- Other: $0
Official website here: www.https:/www.akronchildrens.org/giving
Where can I find the form 990 for Akron Children's Hospital Foundation?
Akron Children's Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.https:/www.akronchildrens.org/giving
Learn more at the official website: www.https:/www.akronchildrens.org/giving
Mission Statement of Akron Children's Hospital Foundation
Akron Children's Hospital Foundation is a nonprofit organization dedicated to raising funds for the benefit of Children's Hospital Medical Center of Akron (CHMCA). The foundation's primary goal is to solicit donations from generous contributors to support the mission of CHMCA. This mission is grounded in three promises: treating each person with respect and compassion, caring for every child as if they were one's own, and embracing all children regardless of their circumstances.
In practice, the Akron Children's Hospital Foundation ensures that CHMCA can continue to deliver top-notch care in various specialized areas such as hematology/oncology, behavioral health, palliative care, research and education, the regional burn center, safety and injury prevention, child advocacy, neonatal, pediatrics, tele-health, and other programs. During the year 2022, a significant portion of the $14,368,908 foundation funds was allocated to these initiatives within the hospital, enabling it to maintain its commitment to providing exceptional healthcare services for children.
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Impact
October, 2024
Akron Children's Hospital Foundation plays a pivotal role in enhancing the quality of care provided at the Children's Hospital Medical Center of Akron. By securing funds from generous donors, the foundation ensures that vital services and programs can continue to thrive. In 2022 alone, more than $14 million from the foundation were utilized to support critical areas including hematology/oncology, behavioral health, palliative care, and neonatal services, among others.
The foundation's unwavering commitment is guided by three core promises: to treat every individual with respect and compassion, to provide care as if each child were part of their own family, and to never turn a child away for any reason. This dedication not only fosters a nurturing environment but also drives advancements in research and education within the healthcare system.
Through initiatives like the regional burn center and tele-health services, Akron Children's Hospital Foundation significantly impacts community health and safety, ensuring comprehensive care that addresses both medical needs and broader challenges faced by children and their families in the region.
This information is meant to be a general summary of Akron Children's 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: $4,878,490
- Gross Receipts: $42,207,977
Assets and Liabilities:
- Total Assets: $198,531,674
- Total Liabilities: $9,328,450
- Net Assets: $189,203,224
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Organization Details
Founding Year
1971
Phone
(330) 543-8340Principal Officer
Michele Brown
Main Address
ONE PERKINS SQUARE, AKRON, OH, 44308
NTEE Category
Code: E110 - Health
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