Asbury Foundation

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

EIN: 251555688 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Asbury Foundation?

Asbury Foundation is a nonprofit organization based in Pittsburgh, Pennsylvania, with its headquarters located at 600 Grant Street, 58th Floor. Their primary mission is to raise funds to support various initiatives at several health care facilities, including Asbury Heights of UPMC, Asbury Place, Asbury Villas, Wesley Hills, and Asbury Health Center. These funds contribute to subsidizing benevolent care programs, financing program activities, and funding capital improvements. The organization's efforts aim to enhance the quality of life and care provided to residents in these facilities.


Official website here: www.asburyheights.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

The Asbury Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. With a score of 82%, the organization demonstrates good fiscal management, particularly in areas such as program expenses and working capital, which are well above average. This rating signifies that the foundation is effectively utilizing its resources to serve its mission.

Strengths noted in the evaluation include a perfect score for financial statements, oversight, and the absence of any material diversion of assets, indicating strong governance practices. The organization has comprehensive policies in place, including conflict of interest and whistleblower policies, which enhance its transparency and ethical standards. The high program expense ratio suggests that a significant portion of its funding is directed towards its core initiatives.

However, it is important to note that while the financial health of the Asbury Foundation appears strong, the reliance on a single beacon score may limit the overall assessment of the organization's impact and effectiveness in achieving its mission. Additionally, the salaries of key individuals are relatively high, which could be a point of concern for some stakeholders seeking more information about operational costs versus programmatic spending.


This AI summary has been generated from information found on Charity Navigator.

Is Asbury Foundation legitimate?

Asbury Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,534

For more financial information, click here


Official website here: www.asburyheights.org

What is the mission statement of Asbury Foundation?

The Asbury Foundation's mission is to raise funds to support various programs and improvements at several healthcare facilities, including Asbury Heights of UPMC, Asbury Place, Asbury Villas, Wesley Hills, and Asbury Health Center. Specifically, the funds are used to subsidize benevolent care programs, engage in program activities, and undertake capital improvements. The foundation's goal is to contribute financially to ensure these facilities can continue providing high-quality care and services to their patients. The Asbury Foundation's efforts have resulted in subsidizing a significant amount of $797,636 towards the benevolent care program alone.


Official website here: www.asburyheights.org

What is the revenue of Asbury Foundation?

Asbury Foundation's revenue in 2023 was $782,598.


Official website here: www.asburyheights.org

Who are the executives of Asbury Foundation and what are their salaries?

Here are 3 key members and their salaries:


Mark Bondi (President)
  • Compensation: $0
  • Related: $364,195
  • Other: $64,571
William Nigro (Treasurer & Cfo)
  • Compensation: $0
  • Related: $196,110
  • Other: $29,764
Audrey Burgoon (Secretary)
  • Compensation: $0
  • Related: $161,143
  • Other: $23,386


Official website here: www.asburyheights.org

Where can I find the form 990 for Asbury Foundation?

Asbury Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.asburyheights.org

Learn more at the official website: www.asburyheights.org

Mission Statement of Asbury Foundation

The Asbury Foundation is an organization that plays a crucial role in supporting the benevolent care program, various activities, and capital improvements at several healthcare facilities. Specifically, it aids Asbury Heights of UPMC, Asbury Place, Asbury Villas, Wesley Hills, and Asbury Health Center. By raising funds, the Asbury Foundation helps subsidize these essential services, ensuring that they remain accessible to those in need. The organization's mission is to contribute financially to the benevolent care program, which totals $797,636, as well as to the activities and capital improvements at these healthcare facilities. The Asbury Foundation's contributions are instrumental in maintaining and enhancing the quality of care provided at these facilities, thereby positively impacting the lives of numerous individuals.

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Impact




October, 2024

The Asbury Foundation's impact is significant in enhancing the quality of life for residents in various assisted living and health facilities. Through its fundraising efforts, the foundation directly supports the Benevolent Care Program, which totaled $797,636, ensuring that individuals who need financial assistance receive essential services. This program not only subsidizes care but also helps maintain vital activities and capital improvements across multiple facilities, including Asbury Heights of UPMC, Asbury Place, Asbury Villas, Wesley Hills, and Asbury Health Center.

By securing funding for these initiatives, the Asbury Foundation contributes to a supportive environment where residents can thrive. The foundation's commitment to enhancing program activities fosters community engagement and well-being, positively affecting the lives of many individuals and their families in the Pittsburgh area. Its focus on health and benevolence ensures that care remains accessible, further strengthening the community it serves.




This information is meant to be a general summary of Asbury 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.

Revenue
$782,598 (2023)
Expenses
$722,952 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $92,804
  • Gross Receipts: $782,598

Assets and Liabilities:

  • Total Assets: $10,552,954
  • Total Liabilities: $5,677,859
  • Net Assets: $4,875,095

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Organization Details

Founding Year

1985

Principal Officer

Mark Bondi

NTEE Category

Code: E91 - Health

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