Overview
What is Bethesda Foundation Inc?
Bethesda Foundation Inc, established in Cincinnati, Ohio, is a charitable organization dedicated to supporting Bethesda Hospital. Its primary role is to raise funds and manage investments, utilizing the contributions to aid Bethesda Hospital and its subsidiaries in meeting their strategic objectives and overcoming healthcare challenges within their expanding community. The foundation's mission is to ensure Bethesda Hospital has the necessary resources to thrive and address the healthcare needs of its growing population effectively.
Official website here: www.bethesdafoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating) from Charity Navigator.
Bethesda Foundation Inc has achieved an impressive Four-Star rating, reflecting a high level of accountability and financial health. The organization scored 95% in Accountability & Finance, showcasing effective governance and transparency practices, with an independent board comprising 87% of its members and comprehensive oversight mechanisms in place.
The nonprofit demonstrates strong financial management, with a low liabilities to assets ratio of 9.25% and a program expense ratio of 79.72%. This indicates that a significant portion of its expenses is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is notable, with only $0.11 spent to raise each dollar, which signifies effective fundraising efforts.
While the rating highlights many strengths, potential donors and supporters should continue to monitor any updates regarding the organization’s programs and impact to ensure alignment with their philanthropic goals. Overall, Bethesda Foundation Inc appears to be a well-managed organization committed to its mission and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Bethesda Foundation Inc legitimate?
Bethesda Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda 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.bethesdafoundation.com
What is the mission statement of Bethesda Foundation Inc?
The Bethesda Foundation Inc's mission is centered around supporting Bethesda Hospital in achieving its strategic objectives and overcoming health care challenges. The foundation is set up to receive donations and legacies, engage in fundraising activities, and manage and invest its assets for the benefit of Bethesda Hospital and its affiliated entities. Its primary goal is to ensure that Bethesda Hospital has the necessary resources to effectively carry out its strategic vision and tackle the health care issues affecting the substantial, expanding community it serves.
Official website here: www.bethesdafoundation.com
Who is the CEO of Bethesda Foundation Inc?
Andrew Swallow is the President & Ceo of Bethesda Foundation Inc. The CEO's salary of Bethesda Foundation Inc is $0 and their total compensation is $413,666.
Official website here: www.bethesdafoundation.com
What is the revenue of Bethesda Foundation Inc?
Bethesda Foundation Inc's revenue in 2022 was $6,801,197.
Official website here: www.bethesdafoundation.com
Who are the executives of Bethesda Foundation Inc and what are their salaries?
There 100 volunteers at Bethesda Foundation Inc.
Here are 27 key members and their salaries (Bethesda Foundation Inc's CEO's salary is $0 and their total compensation is $413,666):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $328,435
- Other: $85,231
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,992,249
- Other: $468,504
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $301,771
- Other: $88,491
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $154,870
- Other: $19,528
- Compensation: $0
- Related: $103,213
- Other: $28,762
Official website here: www.bethesdafoundation.com
Where can I find the form 990 for Bethesda Foundation Inc?
Bethesda Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethesdafoundation.com
Learn more at the official website: www.bethesdafoundation.com
Mission Statement of Bethesda Foundation Inc
Bethesda Foundation Inc, a nonprofit organization, is committed to supporting Bethesda Hospital in achieving its strategic vision and overcoming health care challenges. The foundation's primary mission is to accept donations and bequests, engage in fundraising activities, and manage and invest its assets for the benefit of Bethesda Hospital and its subsidiaries. This mission is crucial in ensuring that Bethesda Hospital has the necessary resources to successfully carry out its strategic vision and address the health care needs of the large, growing community it serves. By supporting Bethesda Hospital in this way, the foundation plays a vital role in enhancing the hospital's ability to meet the health care challenges it faces.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Bethesda Foundation Inc plays a crucial role in enhancing healthcare services at Bethesda Hospital, enabling the institution to navigate and overcome various health care challenges. By securing financial support through gifts, bequests, and fundraising initiatives, the foundation ensures that the hospital has the necessary resources to fulfill its strategic vision.
This impact extends beyond immediate financial assistance; it strengthens Bethesda Hospital’s ability to serve a large and growing community. The foundation's efforts contribute to improved patient care, expanded services, and potential advancements in medical technology and facilities, ultimately fostering a healthier community in Cincinnati, OH.
Their commitment to managing and investing assets strategically helps maintain a stable and sustainable source of funding for essential programs and services, addressing the evolving needs of the population served. Overall, Bethesda Foundation Inc significantly bolsters the mission of Bethesda Hospital, ensuring that it can continue to meet the health care demands of its community effectively.
This information is meant to be a general summary of Bethesda 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: -$3,066,387
- Program Service Revenue: $576,940
- Gross Receipts: $67,596,807
Assets and Liabilities:
- Total Assets: $173,394,248
- Total Liabilities: $38,933,333
- Net Assets: $134,460,915
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEE
Revenue
$576,940
Organization Details
Founding Year
1974
Phone
(513) 865-1616Principal Officer
Andrew Swallow
Main Address
625 EDEN PARK DRIVE 7TH FLOOR, CINCINNATI, OH, 45202
Website
www.bethesdafoundation.comNTEE Category
Code: E112 - Health
If you are a representative of Bethesda Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.