Overview
What is Shadyside Hospital Supporting Foundation?
The Shadyside Hospital Supporting Foundation, established in 2007, is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary goal is to enhance and advance the field of healthcare delivery, medical education, and research at UPMC Shadyside. The foundation's sole endowment, the Milton G. Hulme, Jr. Endowment Fund, was established to provide support to UPMC Shadyside. The earnings from this fund are utilized to address the needs of UPMC Shadyside effectively, thereby contributing to its overall growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Shadyside Hospital Supporting Foundation has received an 84% rating, indicating a solid level of accountability and financial health. The organization boasts a fully independent board, with 66% of its members meeting this criterion, which speaks to its governance integrity. The lack of any material diversion of assets and strong conflict of interest and whistleblower policies further highlight the foundation's commitment to transparency and ethical practices.
The foundation excels in financial management, demonstrated by a liabilities to assets ratio of 0.00% and a program expense ratio of 81.43%. This indicates that a significant majority of its resources are directed towards its programs, maximizing the impact of its charitable efforts. Additionally, the meticulous documentation practices, including board meeting minutes, reflect a well-organized and responsible operational structure.
However, while the foundation's rating is commendable, it is categorized as a Three-Star organization, which suggests there is still room for improvement in certain areas. Potential donors and stakeholders may wish to monitor ongoing developments and assess how the foundation can enhance its performance and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Shadyside Hospital Supporting Foundation legitimate?
Shadyside Hospital Supporting Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shadyside Hospital Supporting 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: $0
For more financial information, click here
What is the mission statement of Shadyside Hospital Supporting Foundation?
The Shadyside Hospital Supporting Foundation's mission is centered around raising funds to benefit UPMC Shadyside, with the aim of improving and advancing the science or art of healthcare delivery and assisting in the advancement of medical education and research. This nonprofit organization, established in 2007, utilizes its sole endowment, the Milton G. Hulme, Jr. Endowment Fund, to support UPMC Shadyside's needs in the best possible manner. The foundation's activities are primarily focused on enhancing healthcare delivery and medical education, as well as fostering research in the field.
Who is the CEO of Shadyside Hospital Supporting Foundation?
Louise R Brown is the Secretary/Treasurer/Exec. Director of Shadyside Hospital Supporting Foundation.
What is the revenue of Shadyside Hospital Supporting Foundation?
Shadyside Hospital Supporting Foundation's revenue in 2023 was $81,414.
Who are the executives of Shadyside Hospital Supporting Foundation and what are their salaries?
There 2 volunteers at Shadyside Hospital Supporting Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $270,262
- Other: $60,260
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Shadyside Hospital Supporting Foundation?
Shadyside Hospital Supporting Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shadyside Hospital Supporting Foundation
The Shadyside Hospital Supporting Foundation, established in 2007, is dedicated to enhancing and advancing healthcare delivery, medical education, and research. This nonprofit organization's primary mission is to raise funds that will be beneficial to UPMC Shadyside, contributing to the improvement and advancement of healthcare delivery and medical education, as well as supporting research in the field. The foundation's sole endowment, the Milton G. Hulme, Jr. Endowment Fund, provides the necessary support to UPMC Shadyside, allowing the foundation to utilize the earnings in a manner that best serves the hospital's needs. The Shadyside Hospital Supporting Foundation's mission is to contribute to the betterment of healthcare and medical education, ultimately aiming to improve patient care and medical understanding.
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Impact
October, 2024
Shadyside Hospital Supporting Foundation plays a pivotal role in enhancing healthcare delivery and supporting medical education and research at UPMC Shadyside. Founded in 2007, the foundation raises funds that directly contribute to the advancement of healthcare practices and innovation in medical education.
The Milton G. Hulme, Jr. Endowment Fund is a cornerstone of the foundation's efforts, providing essential financial support aimed at meeting the evolving needs of UPMC Shadyside. By channeling resources into high-impact projects, the foundation significantly improves patient care and fosters a culture of continuous learning and research among healthcare professionals.
Through its initiatives, the Shadyside Hospital Supporting Foundation helps ensure that UPMC Shadyside remains at the forefront of medical excellence, benefiting both the local community in Pittsburgh and the broader field of healthcare.
This information is meant to be a general summary of Shadyside Hospital Supporting 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 2023.
- Investment Income: $301
- Gross Receipts: $81,414
Assets and Liabilities:
- Total Assets: $746,123
- Total Liabilities: $0
- Net Assets: $746,123
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Organization Details
Founding Year
2007
Phone
(412) 623-6602Principal Officer
Louise R Brown
Main Address
532 SOUTH AIKEN AVENUE 302, PITTSBURGH, PA, 15232
NTEE Category
Code: E11 - Health
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