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James L Kernan Hosp Endowment Fund Inc

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

EIN: 237360743 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is James L Kernan Hosp Endowment Fund Inc?

James L Kernan Hosp Endowment Fund Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 2200 Kernan Drive. Its primary mission is to support James Lawrence Kernan Hospital, also known as University of Maryland Rehabilitation & Orthopaedic Institute, by providing funding for programs aimed at improving the health of the local community. The endowment fund plays a significant role in meeting both current and future healthcare needs of the area through financial and other means of assistance. The endowment fund manages and distributes its assets to ensure the continuous functioning and growth of its mission.

Is James L Kernan Hosp Endowment Fund Inc legitimate?

James L Kernan Hosp Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. James L Kernan Hosp 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 James L Kernan Hosp Endowment Fund Inc?

The James L Kernan Hosp Endowment Fund Inc's mission is to manage and distribute funds for the improvement of healthcare within the community. Specifically, it supports the James Lawrence Kernan Hospital, also known as the University of Maryland Rehabilitation and Orthopaedic Institute, through endowment funds. The endowment fund aims to be a leader in meeting the present and future healthcare needs of the community, providing financial support in various ways. The fund coordinates the receipt and management of assets, ensuring the efficient distribution of funds for programs that enhance the quality of health for the community's residents.

Who is the CEO of James L Kernan Hosp Endowment Fund Inc?

Unavailable

What is the revenue of James L Kernan Hosp Endowment Fund Inc?

James L Kernan Hosp Endowment Fund Inc's revenue in 2022 was $2,454,367.

Who are the executives of James L Kernan Hosp Endowment Fund Inc and what are their salaries?

There 9 volunteers at James L Kernan Hosp Endowment Fund Inc.


Here are 9 key members and their salaries:


Davis Vr Sherman (President And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Peck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry A Grandizio Cpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Chay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Wilmot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohan Suntha Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for James L Kernan Hosp Endowment Fund Inc?

James L Kernan Hosp Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of James L Kernan Hosp Endowment Fund Inc

James L Kernan Hosp Endowment Fund Inc serves a crucial role in supporting the James Lawrence Kernan Hospital (JLKH), also known as the University of Maryland Rehabilitation and Orthopaedic Institute. This endowment fund's primary mission is to manage and disburse funds aimed at enhancing the hospital's programs, with the ultimate goal of improving the health quality of the Baltimore community. The endowment fund strives to be a leader in meeting both current and future healthcare needs of the community, offering financial and other forms of support. The fund coordinates the reception and management of assets, ensuring the proper distribution of funds to JLKH. By doing so, James L Kernan Hosp Endowment Fund Inc plays a significant role in maintaining and improving the healthcare infrastructure in the Baltimore community.

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Impact




October, 2024

The James L Kernan Hosp Endowment Fund Inc significantly contributes to the health landscape of the Baltimore community by providing essential financial support to the James Lawrence Kernan Hospital. By managing and distributing endowment funds, it plays a vital role in enhancing healthcare programs that directly impact the quality of health for local residents.

Through strategic funding initiatives, the endowment fund aims to address both current and future healthcare needs, ensuring that the hospital remains a leader in rehabilitation and orthopedic care. This support not only improves individual health outcomes but also strengthens community well-being, making a lasting difference in the lives of those who utilize the services of the University of Maryland Rehabilitation and Orthopaedic Institute. By investing in innovative health programs, the fund helps cultivate a healthier community, demonstrating its commitment to advancing healthcare accessibility and quality for all.




This information is meant to be a general summary of James L Kernan Hosp 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
$2,454,367 (2022)
Expenses
$176,001 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,454,367
  • Gross Receipts: $2,454,367

Assets and Liabilities:

  • Total Assets: $40,410,719
  • Total Liabilities: $0
  • Net Assets: $40,410,719

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Organization Details

Founding Year

1974

Main Address

2200 Kernan Drive, Baltimore, MD, 21207

NTEE Category

Code: E110 - Health

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