Overview
What is Hamot Health Foundation?
Hamot Health Foundation is a nonprofit organization situated in Erie, Pennsylvania. Its primary purpose is to provide financial assistance to its affiliated organizations and the local community through grants for operational expenses, property improvements, and equipment acquisition. The foundation's mission aligns with UPMC Hamot's aim to serve patients and the community in the tradition of quality healthcare. In the fiscal year 2022, the foundation granted $2,038,589 to UPMC Hamot for capital improvements, equipment acquisition, research, and medical education. Additionally, it awarded financial support to another affiliate, Regional Health Services, Inc., for providing medical services in a small community, totaling $96,660 for the same year. Apart from its affiliated entities, the foundation also contributed to various community entities, amounting to $1,344,532 in fiscal year 2022.
Official website here: www.hamothealthfoundation.org
Is Hamot Health Foundation legitimate?
Hamot Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamot Health 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:
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Other Salaries and Wages: $663,076
For more financial information, click here
Official website here: www.hamothealthfoundation.org
What is the mission statement of Hamot Health Foundation?
The Hamot Health Foundation's mission is centered around supporting the mission of its affiliated organizations and the community, focusing on quality, health, healing, and education. It accomplishes this by providing financial aid through grants for operational expenses, property, and equipment. In the fiscal year 2022, the foundation disbursed grants worth $2,038,589 to UPMC Hamot for capital improvements, equipment acquisition, research, and medical education. Additionally, the foundation provided financial support to another affiliate, Regional Health Services, Inc. (RHS), to help them deliver medical services in a small community, allocating $96,660 for this purpose in FY22. Beyond its affiliates, the foundation also awarded grants to various Erie community entities, amounting to $1,344,532.
Official website here: www.hamothealthfoundation.org
Who is the CEO of Hamot Health Foundation?
Charles Boo Hagerty is the Chief Development Officer/President of Hamot Health Foundation.
Official website here: www.hamothealthfoundation.org
What is the revenue of Hamot Health Foundation?
Hamot Health Foundation's revenue in 2022 was $5,278,413.
Official website here: www.hamothealthfoundation.org
Who are the executives of Hamot Health Foundation and what are their salaries?
The average compensation at Hamot Health Foundation during 2022 was $66,308. There are 10 employees and 135 volunteers at Hamot Health Foundation.
Here are 30 key members and their salaries:
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- Other: $30,660
Official website here: www.hamothealthfoundation.org
Where can I find the form 990 for Hamot Health Foundation?
Hamot Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hamothealthfoundation.org
Learn more at the official website: www.hamothealthfoundation.org
Mission Statement of Hamot Health Foundation
The Hamot Health Foundation, in its mission, aims to uphold the tradition of quality service that UPMC Hamot is known for, extending this support to its affiliated organizations and the wider community. This non-profit entity endeavors to promote the mission of these organizations through financial aid in the form of grants for operational expenses, property, and equipment. In the fiscal year 2022 alone, the foundation disbursed grants totaling $2,038,589 to UPMC Hamot for capital improvements, equipment acquisition, research, and medical education. Beyond its affiliated organizations, the Hamot Health Foundation also extends its generosity to local Erie community entities, donating a substantial sum of $1,344,532 in the same fiscal year. Additionally, the foundation offers financial assistance to another affiliate, Regional Health Services, Inc. (RHS), to sustain its operations in providing medical services in a small community. In FY22, the Hamot Health Foundation granted RHS a sum of $96,660.
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Impact
October, 2024
Hamot Health Foundation significantly impacts the community by providing substantial financial support that enhances healthcare services and facilities. In FY22, the Foundation allocated over $2 million to UPMC Hamot for vital capital improvements, equipment acquisition, research initiatives, and medical education. This support strengthens the hospital's capacity to deliver high-quality healthcare.
Additionally, the Foundation extended its impact to Regional Health Services, Inc. (RHS) with grants totaling nearly $100,000, which helps sustain medical services in smaller communities that may otherwise struggle to offer comprehensive healthcare.
Beyond its direct affiliates, the Foundation invested more than $1.3 million in various Erie community entities, fostering the overall health and well-being of the region. This commitment to enhancing healthcare infrastructure and services reflects the Foundation's mission to serve patients and communities with quality, health, healing, and education at the forefront.
This information is meant to be a general summary of Hamot Health 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: $1,676,858
- Gross Receipts: $17,369,373
Assets and Liabilities:
- Total Assets: $26,374,339
- Total Liabilities: $1,854,350
- Net Assets: $24,519,989
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Organization Details
Founding Year
1881
Phone
(814) 877-3739Principal Officer
Charles Boo Hagerty
Main Address
302 FRENCH STREET, ERIE, PA, 16507
NTEE Category
Code: E110 - Health
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