Overview
What is Tampa General Hospital Foundation Inc?
Tampa General Hospital Foundation Inc is a nonprofit organization based in Tampa, Florida, with a PO Box address. Its primary mission is to support and promote the program services of Tampa General Hospital. The foundation exclusively operates for this purpose and raises funds to support the research, education, and service mission of Tampa General Hospital, a private, not-for-profit, safety net hospital. With over 1,000 beds, the hospital is one of the most comprehensive medical facilities in West Central Florida, serving a population of over 4 million across a dozen counties. In response to the challenges posed by the ongoing COVID-19 pandemic, the foundation provides essential support to the hospital, utilizing funds for various needs, including salaries, operational expenses, program development, and equipment.
Official website here: www.tgh.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Tampa General Hospital Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The rating is based entirely on a robust beacon score, highlighting the organization’s commitment to transparency and effective management. The foundation shows an impressive 96% independent board membership, ensuring strong oversight and governance.
Strengths of the organization are evident in its financial health, exemplified by a program expense ratio of 96.15%, indicating that the vast majority of its funds are directed towards programs rather than administrative costs. Additionally, the foundation demonstrates exceptional fundraising efficiency with a cost of only $0.01 to raise each dollar. This efficiency, combined with a favorable liabilities-to-assets ratio of 4.38%, showcases a solid financial foundation.
There are no noted limitations in the data regarding Tampa General Hospital Foundation Inc, as it has consistently met or exceeded key benchmarks for nonprofit management. Overall, the foundation presents itself as a well-managed nonprofit, dedicated to its mission and transparent in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Tampa General Hospital Foundation Inc legitimate?
Tampa General Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa General Hospital Foundation 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
Official website here: www.tgh.org/foundation
What is the mission statement of Tampa General Hospital Foundation Inc?
The Tampa General Hospital Foundation operates with the primary goal of fundraising to support the research, education, and service mission of Tampa General Hospital. This private, not-for-profit organization, which runs a comprehensive medical facility, is dedicated to raising funds exclusively for this cause. Tampa General Hospital, with its capacity of 1,007 beds, serves over 4 million people across a dozen counties by providing essential healthcare services. The foundation plays a crucial role in advancing the hospital's mission to deliver high-quality medical care to its community.
Official website here: www.tgh.org/foundation
Who is the CEO of Tampa General Hospital Foundation Inc?
Frann Leppla is the Secretary of Tampa General Hospital Foundation Inc.
Official website here: www.tgh.org/foundation
What is the revenue of Tampa General Hospital Foundation Inc?
Tampa General Hospital Foundation Inc's revenue in 2022 was $17,357,404.
Official website here: www.tgh.org/foundation
Who are the executives of Tampa General Hospital Foundation Inc and what are their salaries?
There 25 volunteers at Tampa General Hospital Foundation Inc.
Here are 24 key members and their salaries:
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- Related: $475,248
- Other: $22,323
Official website here: www.tgh.org/foundation
Where can I find the form 990 for Tampa General Hospital Foundation Inc?
Tampa General Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tgh.org/foundation
Learn more at the official website: www.tgh.org/foundation
Mission Statement of Tampa General Hospital Foundation Inc
The Tampa General Hospital Foundation plays a pivotal role in advancing the mission of Tampa General Hospital. Its primary objective is to raise funds for the hospital's research, education, and service initiatives. As a private, not-for-profit organization, Tampa General Hospital Foundation exclusively supports Tampa General Hospital, which is renowned for its comprehensive medical services and described as a 1,007-bed safety net hospital. With a reach extending to over a dozen counties and a population of more than 4 million people, the hospital serves a substantial population. In line with its vision, the Foundation enables Tampa General Hospital to thrive in its role as one of the most extensive medical facilities in west central Florida. By generating financial resources, the Foundation contributes significantly to the hospital's ability to make a difference in the lives of its patients.
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Impact
October, 2024
Tampa General Hospital Foundation Inc plays a crucial role in enhancing healthcare services and supporting the mission of Tampa General Hospital. By raising funds dedicated to research, education, and program development, the Foundation directly contributes to improving patient care and operational efficiency within one of West Central Florida’s most comprehensive medical facilities.
During the ongoing challenges posed by the COVID-19 pandemic, the Foundation has been vital in ensuring that Tampa General Hospital can respond effectively. The funds raised support essential needs such as salaries, operational costs, and necessary equipment, allowing the hospital to maintain high standards of care for its diverse patient population, which exceeds 4 million across a dozen counties.
Additionally, the Foundation's commitment to promoting the hospital’s program services enhances the breadth and depth of medical education and research opportunities, ensuring continuous improvement in healthcare delivery. This comprehensive support reinforces Tampa General Hospital’s position as a safety net institution, catering to the needs of the community while striving to advance healthcare on multiple fronts.
This information is meant to be a general summary of Tampa General Hospital Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,068,655
- Program Service Revenue: $4,615
- Gross Receipts: $32,161,374
Assets and Liabilities:
- Total Assets: $43,744,733
- Total Liabilities: $2,608,193
- Net Assets: $41,136,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL FEES
Revenue
$4,615
Organization Details
Founding Year
1974
Phone
(813) 844-7250Principal Officer
Frann Leppla
Main Address
P O BOX 1289, TAMPA, FL, 33601
Website
www.tgh.org/foundationNTEE Category
Code: E11 - Health
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