Overview
What is Kettering Medical Center Foundation?
Kettering Medical Center Foundation, based in Miamisburg, Ohio, is a charitable organization that supports Kettering Health and its associated programs and facilities. Through donations, they have contributed significantly to the institution, funding equipment purchases and building improvements, as well as providing operational support. The foundation's mission revolves around combining compassionate care with innovative technology to better serve their communities. By acting as an intermediary, they enable donors to fulfill their philanthropic goals, benefiting Kettering Health and its affiliates.
Official website here: www.ketteringhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Kettering Medical Center Foundation has achieved an impressive Four-Star rating from Charity Navigator, demonstrating a high level of accountability and financial health. The organization excels in critical areas such as governance, with a fully independent board, and maintains rigorous financial oversight, as evidenced by their perfect scores in categories related to financial statements and asset management.
The foundation's financial efficiency is noteworthy, reflecting a strong commitment to its mission with 89.71% of expenses directed towards programs. Furthermore, the organization maintains a commendable fundraising efficiency, with only $0.07 spent to raise each dollar, indicating effective use of resources. It also boasts a robust liquidity position, with working capital sufficient for 4.56 years.
While the data highlights numerous strengths, the foundation's reliance on a single beacon score may limit the broader context of their impact. However, the overwhelmingly positive financial metrics suggest strong operational integrity, making Kettering Medical Center Foundation a sound choice for potential donors seeking to support a nonprofit with proven accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Kettering Medical Center Foundation legitimate?
Kettering Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kettering Medical Center Foundation 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: $487,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,082
For more financial information, click here
Official website here: www.ketteringhealth.org
What is the mission statement of Kettering Medical Center Foundation?
The Kettering Medical Center Foundation's mission involves connecting individuals' benevolence and interest in helping others with the specific causes they care about, primarily focusing on Kettering Health and its associated programs and facilities. Their role is to facilitate donors in realizing their philanthropic aspirations while ensuring an efficient delivery of funds to the intended recipients. Throughout the year, the foundation has contributed significant funds to support Kettering Health, contributing to equipment purchases and building upgrades, as well as providing operational support. In essence, the foundation's mission is to bridge the gap between compassionate donors and the healthcare services they wish to impact, leveraging innovative technology to improve their communities.
Official website here: www.ketteringhealth.org
Who is the CEO of Kettering Medical Center Foundation?
Rick Thie is the Principal Officer of Kettering Medical Center Foundation. The CEO's salary of Kettering Medical Center Foundation is $0 and their total compensation is $0.
Official website here: www.ketteringhealth.org
What is the revenue of Kettering Medical Center Foundation?
Kettering Medical Center Foundation's revenue in 2022 was $3,740,673.
Official website here: www.ketteringhealth.org
Who are the executives of Kettering Medical Center Foundation and what are their salaries?
Here are 19 key members and their salaries (Kettering Medical Center Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $2,385,157
- Other: $46,619
- Compensation: $0
- Related: $1,166,094
- Other: $50,463
- Compensation: $0
- Related: $1,148,326
- Other: $61,238
- Compensation: $0
- Related: $877,807
- Other: $47,096
- Compensation: $0
- Related: $394,231
- Other: $52,181
- Compensation: $0
- Related: $374,451
- Other: $69,293
- Compensation: $0
- Related: $25,000
- Other: $11,696
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,013,346
- Other: $113,016
Official website here: www.ketteringhealth.org
Where can I find the form 990 for Kettering Medical Center Foundation?
Kettering Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ketteringhealth.org
Learn more at the official website: www.ketteringhealth.org
Mission Statement of Kettering Medical Center Foundation
Kettering Medical Center Foundation serves as a bridge between generous donors and the causes they care about, particularly those connected to Kettering Health and its associated programs and facilities. Their mission is to facilitate the fulfillment of philanthropic aspirations while ensuring an efficient distribution of gifts to benefit the aforementioned entities. By doing so, Kettering Medical Center Foundation plays a pivotal role in supporting Kettering Health's initiatives, contributing a substantial sum of $2,172,381 during the year, which includes investments in equipment and building improvements, as well as operational support.
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
Kettering Medical Center Foundation significantly enhances community health through strategic financial contributions, directly benefiting patients, caregivers, and healthcare facilities. In a recent year, it allocated over $2.1 million to support Kettering Health and its programs, emphasizing the importance of both equipment upgrades and operational support. Specifically, the foundation invested more than $217,000 in critical equipment purchases and building upgrades, while dedicating nearly $2 million to operational needs, ensuring that quality care is both accessible and innovative. This commitment enables the integration of compassionate care with advanced technology, creating a robust support system for the community's health needs. Through its efforts, the foundation embodies the spirit of philanthropy, effectively channeling donors’ generosity into tangible enhancements in healthcare delivery in Miamisburg, OH, and surrounding areas.
This information is meant to be a general summary of Kettering Medical Center Foundation. 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: $234,093
- Program Service Revenue: $14,873
- Gross Receipts: $3,921,138
Assets and Liabilities:
- Total Assets: $16,763,403
- Total Liabilities: $133,256
- Net Assets: $16,630,147
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.
Fundraising income
Revenue
$14,873
Organization Details
Founding Year
1974
Phone
(937) 762-1629Principal Officer
Rick Thie
Main Address
1 Prestige Place 910, Miamisburg, OH, 45342
Website
www.ketteringhealth.orgNTEE Category
Code: E11 - Health
If you are a representative of Kettering Medical Center Foundation 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.