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Johns Hopkins Hospital Endowment Fund Inc

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

EIN: 237252596 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Johns Hopkins Hospital Endowment Fund Inc?

The Johns Hopkins Hospital Endowment Fund Inc, located at 3910 Keswick Rd S, Building 4300A in Baltimore, Maryland, is a nonprofit organization that supports various healthcare institutions, including Johns Hopkins Hospital, Johns Hopkins Bayview Medical Center, Johns Hopkins Medical Services Corporation, and Howard County General Hospital. The primary function of the Fund is to manage and hold endowments that benefit these affiliated organizations. The Fund's activities encompass patient care, capital projects, research, and education. The organization contributes significantly to the wellbeing of the mentioned healthcare entities, ensuring they can continue their mission to provide essential services and advance medical knowledge.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)

Johns Hopkins Hospital Endowment Fund Inc has received a high rating of 94% from Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in several key areas, including having a fully independent board and robust financial oversight mechanisms. Their commitment to transparency is evident through policies such as conflict of interest and whistleblower protections, which are all in place and operational.

The Fund has also demonstrated efficient financial management with a program expense ratio of over 75%, indicating that a significant portion of its resources is directed towards its mission-related activities. The low liabilities to assets ratio of 4.68% further supports its financial stability, ensuring that the organization is well-positioned to serve its community effectively.

While the organization shows strengths in governance and financial accountability, the rating primarily focuses on these areas without additional insights into programmatic effectiveness or impact metrics. Future evaluations may benefit from a broader assessment that includes qualitative outcomes of their initiatives.


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

Is Johns Hopkins Hospital Endowment Fund Inc legitimate?

Johns Hopkins Hospital Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johns Hopkins Hospital Endowment Fund Inc 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 Johns Hopkins Hospital Endowment Fund Inc?

The Johns Hopkins Hospital Endowment Fund Inc plays a crucial role in managing and holding various funds that primarily benefit several affiliated organizations. These institutions include the Johns Hopkins Hospital, Johns Hopkins Bayview Medical Center, Johns Hopkins Medical Services Corporation, and Howard County General Hospital. The primary objectives of these organizations are centered around patient care, capital projects, research, and education, which the fund supports. By doing so, the fund contributes significantly to the ongoing activities and advancements within the healthcare sector.

Who is the CEO of Johns Hopkins Hospital Endowment Fund Inc?

Gregory P Miller is the Trustee, Ex Officio of Johns Hopkins Hospital Endowment Fund Inc.

What is the revenue of Johns Hopkins Hospital Endowment Fund Inc?

Johns Hopkins Hospital Endowment Fund Inc's revenue in 2022 was $12,354,218.

Who are the executives of Johns Hopkins Hospital Endowment Fund Inc and what are their salaries?


Here are 10 key members and their salaries:


Kevin W Sowers Msn Rn Faan (Trustee, Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip A Clough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul B Rothman Md (Trustee/Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher W Kersey Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Traci S Lerner (Chairman/ President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George L Bunting Jr (Vice Chairman/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Conway Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ina R Drew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory P Miller (Asst. Treasurer& Asst. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas B Trzcinski (Treasurer& Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Johns Hopkins Hospital Endowment Fund Inc?

Johns Hopkins Hospital Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Johns Hopkins Hospital Endowment Fund Inc

The Johns Hopkins Hospital Endowment Fund Inc plays a vital role in managing and holding various funds that contribute to the welfare of certain affiliates. Among these beneficiaries are the Johns Hopkins Hospital, Johns Hopkins Bayview Medical Center, Johns Hopkins Medical Services Corporation, and Howard County General Hospital. This fund supports the initiatives of these organizations, which encompass patient care, capital projects, research, and education. By doing so, the Johns Hopkins Hospital Endowment Fund, Inc. significantly enhances their ability to make a positive impact in the healthcare sector.

The primary objective of this organization is to ensure the financial stability and growth of the affiliated institutions. The endowment funds and other resources it manages provide essential support, allowing these organizations to dedicate their resources to their core missions. The Johns Hopkins Hospital Endowment Fund Inc's commitment to healthcare extends beyond direct financial support, as it also fosters a culture of innovation and excellence within the affiliated institutions. This, in turn, leads to advancements in medical research and improved patient care, ultimately benefiting countless individuals.

In essence, the Johns Hopkins Hospital Endowment Fund Inc serves as a critical financial partner to the Johns Hopkins Hospital and its affiliated entities. By effectively managing and allocating resources, it enables them to further their missions, making a significant difference in the lives of patients and the broader healthcare community.

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Impact




October, 2024

The Johns Hopkins Hospital Endowment Fund Inc plays a crucial role in sustaining and enhancing the healthcare services provided by its affiliated institutions, including Johns Hopkins Hospital, Johns Hopkins Bayview Medical Center, Johns Hopkins Medical Services Corporation, and Howard County General Hospital. By holding and managing endowment funds, the organization ensures a steady financial foundation that supports vital activities in patient care, capital projects, research, and education.

The impact of the fund is multifaceted. It enables the hospitals to maintain cutting-edge facilities and invest in innovative research, which can lead to breakthroughs in medical treatment and patient outcomes. Additionally, the fund supports educational programs that help train the next generation of healthcare professionals, ensuring that high-quality care continues into the future.

Furthermore, the financial backing provided by the endowment allows for flexibility in addressing emerging healthcare needs and challenges, ultimately fostering a resilient healthcare system that prioritizes both community health and advanced medical practices. Overall, the Johns Hopkins Hospital Endowment Fund Inc significantly contributes to the vitality and efficacy of healthcare services in the region.




This information is meant to be a general summary of Johns Hopkins Hospital Endowment Fund Inc. 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
$12,354,218 (2022)
Expenses
$25,989,458 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,263,563
  • Gross Receipts: $12,354,218

Assets and Liabilities:

  • Total Assets: $834,491,432
  • Total Liabilities: $39,254,941
  • Net Assets: $795,236,491

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Organization Details

Founding Year

1972

Principal Officer

Gregory P Miller

Main Address

3910 KESWICK RD S BLDG 4300A, BALTIMORE, MD, 21211

NTEE Category

Code: E120 - Health

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