Overview
What is Walter Ramsey Charitable Trust?
Walter Ramsey Charitable Trust is a nonprofit organization based in Milwaukee, Wisconsin, with a postal address. Their primary mission is to provide financial support for fellowships for physicians at Children's Hospital, St. Paul, Minnesota. This support aims to enhance the medical knowledge and skills of these physicians, ultimately benefiting the overall healthcare services offered at the hospital. The trust focuses its activities solely on this specific purpose, demonstrating a commitment to medical education and healthcare improvement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 63%)
The Walter Ramsey Charitable Trust has received a two-star rating from Charity Navigator, indicating the organization needs improvement. With a score of 63%, the trust shows strengths in having a fully independent board and maintaining a positive liabilities-to-assets ratio. However, it has significant weaknesses in transparency and governance policies, as shown by low scores in areas such as having a conflict of interest policy and website transparency.
The organization has a perfect score for program expense ratio, which suggests that funds are being directed towards its charitable programs. Yet, the lack of an independent board size and deficiencies in document management policies raise concerns about accountability. Additionally, the absence of a whistleblower policy and failure to list relevant documents on its website further contribute to the need for improvement in operational transparency.
Overall, while the Walter Ramsey Charitable Trust demonstrates a commitment to its programs, the significant gaps in governance and transparency indicated by the Charity Navigator assessment highlight areas that need attention for better accountability and trust-building with donors and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Walter Ramsey Charitable Trust legitimate?
Walter Ramsey Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walter Ramsey Charitable Trust 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: $23,607
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Walter Ramsey Charitable Trust?
The Walter Ramsey Charitable Trust focuses its efforts on providing specific support for physician fellowships at Children's Hospital in St. Paul, Minnesota. This philanthropic organization is dedicated to this cause, contributing to the advancement of medical education and patient care in the field of pediatrics. By funding these fellowships, the trust enables physicians to further their expertise and contribute to the hospital's mission of providing top-notch healthcare services. The trust's mission is therefore centered around promoting medical growth and enhancing patient care through its fellowship support.
Who is the CEO of Walter Ramsey Charitable Trust?
Unavailable
What is the revenue of Walter Ramsey Charitable Trust?
Walter Ramsey Charitable Trust's revenue in 2023 was $56,531.
Who are the executives of Walter Ramsey Charitable Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $23,607
- Related: $0
- Other: $0
Where can I find the form 990 for Walter Ramsey Charitable Trust?
Walter Ramsey Charitable Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Walter Ramsey Charitable Trust
The Walter Ramsey Charitable Trust is dedicated to providing specific support for fellowships for physicians at Children's Hospital, located in St. Paul, Minnesota. This philanthropic organization's mission is to contribute to the medical field by financially backing the professional development of physicians through fellowships at this renowned children's hospital. By doing so, the Walter Ramsey Charitable Trust aims to enhance the capabilities of these medical professionals, ultimately benefiting the healthcare of young patients.
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Impact
October, 2024
The Walter Ramsey Charitable Trust significantly impacts healthcare for children by providing targeted support for fellowships at Children’s Hospital in St. Paul, Minnesota. By funding these fellowships, the Trust enhances the training and development of physicians, ensuring that they have the skills and knowledge required to deliver exceptional care to pediatric patients. This direct investment in medical education fosters a new generation of well-equipped healthcare professionals who can address the complex needs of children, ultimately contributing to improved health outcomes and advancements in pediatric medicine. The Trust’s efforts exemplify a commitment to philanthropy that transforms lives and strengthens the community’s healthcare infrastructure.
This information is meant to be a general summary of Walter Ramsey Charitable Trust. 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: $56,531
- Gross Receipts: $425,067
Assets and Liabilities:
- Total Assets: $1,567,006
- Total Liabilities: $0
- Net Assets: $1,567,006
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Organization Details
Founding Year
1973
Main Address
PO BOX 0634, MILWAUKEE, WI, 532010634
NTEE Category
Code: T00 - Philanthropy
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