Overview
What is Fair Haven Foundation Inc?
Fair Haven Foundation Inc, situated in Indianapolis, Indiana, is a nonprofit organization dedicated to providing support for long-term patients and their caregivers. During their hospital treatment in the Indianapolis area, the foundation offers free or subsidized housing as a means of alleviating any additional financial burden. Beyond this, the organization engages in various lawful business activities that non-profit corporations are authorized to undertake. With a modest workforce of eight individuals, Fair Haven Foundation Inc contributes to the well-being of patients and their families, making healthcare more accessible and less stressful during challenging times.
Official website here: www.fairhavenfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Fair Haven Foundation Inc has received an overall score of 84%, indicating a solid performance in accountability and finance, which is the sole factor contributing to its rating. The organization excels in maintaining a fully independent board, scoring 8 out of 8 points. Furthermore, it has demonstrated strong financial management with no material diversions of assets and a favorable liabilities to assets ratio of 11.89%.
The foundation shows commendable transparency by listing its financial statements and tax form on its website. However, there are notable gaps in governance practices, as it lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are all important for nonprofit accountability. These missing policies may raise concerns about overall organizational compliance and governance standards.
Despite its strengths in program expenses, where a significant 70.59% is allocated directly to its programs, the absence of certain policies could impact potential donor confidence. Overall, while Fair Haven Foundation Inc demonstrates financial accountability, addressing its governance gaps could further enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fair Haven Foundation Inc?
96% of 8 reviewers on Facebook recommend Fair Haven Foundation Inc. Here is a summary of their reviews:
Many individuals express deep gratitude for the support they received from Fair Haven Foundation, particularly commending the contributions of Amanda, who is highlighted as a source of strength and kindness. One user shared a compelling experience where the foundation provided not only accommodation but also essential resources during a challenging time related to breast cancer treatment. This type of heartfelt appreciation reflects the significant impact the nonprofit has on the lives of those it serves.
Overall, it is clear that Fair Haven Foundation Inc plays a crucial role in supporting individuals facing medical crises, offering them a sense of relief and community. Reviewers feel that the foundation lives up to its promises, providing vital assistance when it is needed most and creating a positive difference in their lives.
This AI summary has been generated from reviews found on Facebook.
Is Fair Haven Foundation Inc legitimate?
Fair Haven Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Haven 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: $81,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $216,143
For more financial information, click here
Official website here: www.fairhavenfoundation.org
What is the mission statement of Fair Haven Foundation Inc?
Fair Haven Foundation Inc's mission is centered around providing free or subsidized housing for long-term patients and their caregivers during their treatment periods at hospitals in an unspecified location. Additionally, the organization is authorized to engage in any lawful business activities that non-profit corporations can undertake. In essence, the foundation's primary objective is to alleviate the financial burden associated with extended hospital stays by offering affordable accommodation options for patients and their supporting family members. This, in turn, allows them to focus on their recovery process without the added stress of financial concerns.
Official website here: www.fairhavenfoundation.org
Who is the CEO of Fair Haven Foundation Inc?
Amanda Milner is the Executive Di of Fair Haven Foundation Inc.
Official website here: www.fairhavenfoundation.org
What is the revenue of Fair Haven Foundation Inc?
Fair Haven Foundation Inc's revenue in 2022 was $1,092,755.
Official website here: www.fairhavenfoundation.org
Who are the executives of Fair Haven Foundation Inc and what are their salaries?
The average compensation at Fair Haven Foundation Inc during 2022 was $37,143. There are 8 employees and 125 volunteers at Fair Haven Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $81,000
- 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
Official website here: www.fairhavenfoundation.org
Where can I find the form 990 for Fair Haven Foundation Inc?
Fair Haven Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairhavenfoundation.org
Learn more at the official website: www.fairhavenfoundation.org
Mission Statement of Fair Haven Foundation Inc
Fair Haven Foundation Inc is committed to providing free or subsidized housing for long-term patients and their caregivers as they undergo treatment at hospitals in the Indianapolis area. This non-profit organization operates with a mission to transact any lawful business that non-profit corporations may be incorporated to do. In simpler terms, Fair Haven Foundation Inc aims to offer a helping hand to patients and their families who require extended hospital stays, alleviating the financial burden associated with prolonged medical care. By providing affordable housing, the foundation ensures that patients and their caregivers can focus on their recovery without worrying about accommodation expenses.
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Impact
October, 2024
Fair Haven Foundation Inc has a significant impact by providing free or subsidized housing for long-term patients and their caregivers who are receiving treatment at hospitals in the Indianapolis area. This support alleviates the financial burden of accommodation, allowing patients and their families to focus on recovery without the added stress of housing costs. By creating a comfortable living environment close to vital medical care, Fair Haven fosters a healing atmosphere that contributes to better patient outcomes. This initiative not only enhances the quality of life for those undergoing treatment but also strengthens the overall community by ensuring that individuals have access to critical resources during challenging times.
This information is meant to be a general summary of Fair Haven 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: -$12
- Gross Receipts: $1,092,755
Assets and Liabilities:
- Total Assets: $2,870,870
- Total Liabilities: $356,224
- Net Assets: $2,514,646
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Organization Details
Founding Year
2007
Phone
(317) 348-3688Principal Officer
Amanda Milner
Main Address
1702 W 16TH STREET, INDIANAPOLIS, IN, 46202
Website
www.fairhavenfoundation.orgNTEE Category
Code: E86 - Health
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