Overview
What is Cardiothoracic Surgery Research Foundation Inc?
The Cardiothoracic Surgery Research Foundation Inc, situated in Louisville, Kentucky, is a nonprofit organization with a primary focus on promoting and advancing cardiovascular and thoracic surgery education. They support clinical and basic science research for medical professionals, including physicians, scientists, nurses, and other medical personnel. The foundation hosts events like the Laman Gray Lecture, serving as a platform for continued medical education. Participation in these educational events is mandatory for current general surgery residents and cardiothoracic surgery fellows. Their activities are geared towards fostering growth in the field of cardiovascular and thoracic surgery, ultimately benefiting patients.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%, Two-Star out of Four Star rating)
The Cardiothoracic Surgery Research Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting an overall score of 73%. This rating indicates that while the organization demonstrates some strong practices, there are areas that could benefit from enhancement. The high score in accountability and finance underscores their commitment to transparency and responsible management, particularly with a liability to assets ratio of only 0.05% and a program expense ratio of 80.34%.
Strengths of the organization include a fully independent board, ensuring unbiased governance, and diligent documentation of board meeting minutes. These factors contribute positively to the foundation’s governance structure. The charity has also shown no material diversion of assets, which adds to its credibility and trustworthiness.
However, despite these strengths, the two-star rating suggests there is room for improvement in certain operational aspects. Stakeholders may want to keep an eye on how the organization addresses these limitations to enhance its overall effectiveness and impact in the field of cardiothoracic surgery research.
This AI summary has been generated from information found on Charity Navigator.
Is Cardiothoracic Surgery Research Foundation Inc legitimate?
Cardiothoracic Surgery Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardiothoracic Surgery Research 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cardiothoracic Surgery Research Foundation Inc?
The Cardiothoracic Surgery Research Foundation was established with a mission to foster and encourage education in the field of cardiovascular and thoracic surgery. This includes supporting both clinical and basic science research for physicians, scientists, nurses, and other medical personnel. The foundation's objectives are geared towards advancing knowledge and innovations in this specialized area of medicine. They achieve this through various means, such as hosting educational events and providing continuous medical education opportunities. It is mandatory for current general surgery residents and cardiothoracic surgery fellows to attend these educational sessions.
Who is the CEO of Cardiothoracic Surgery Research Foundation Inc?
Mark Slaughter is the President of Cardiothoracic Surgery Research Foundation Inc.
What is the revenue of Cardiothoracic Surgery Research Foundation Inc?
Cardiothoracic Surgery Research Foundation Inc's revenue in 2022 was $0.
Who are the executives of Cardiothoracic Surgery Research Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Cardiothoracic Surgery Research Foundation Inc?
Cardiothoracic Surgery Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cardiothoracic Surgery Research Foundation Inc
The Cardiothoracic Surgery Research Foundation was established with a mission to foster and encourage education in the field of cardiovascular and thoracic surgery. This mission extends to physicians, scientists, nurses, and other medical personnel. Additionally, the foundation supports clinical and basic science research in these areas. By doing so, the Cardiothoracic Surgery Research Foundation aims to contribute to the advancement of knowledge and the improvement of patient care in the field of cardiothoracic surgery.
In achieving its mission, the Cardiothoracic Surgery Research Foundation organizes events such as the annual Laman Gray Lecture, which serves as the department's grand rounds. This event provides continued medical education to the foundation's faculty and is mandatory for current general surgery residents and cardiothoracic surgery fellows. Through such activities, the foundation is committed to staying at the forefront of cardiothoracic surgery education and research, thereby contributing to the betterment of patient care.
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Impact
October, 2024
Cardiothoracic Surgery Research Foundation Inc significantly advances cardiovascular and thoracic surgery education and research. Its initiatives encompass a robust commitment to continuous medical education, ensuring that physicians, scientists, nurses, and other medical personnel stay at the forefront of the field. The foundation hosted the annual Laman Gray Lecture in 2022, which served as a critical platform for disseminating knowledge and fostering discussion among experts, contributing to the ongoing education of faculty and mandatory attendance by general surgery residents and cardiothoracic surgery fellows.
By promoting clinical and basic science research, the foundation not only enhances individual expertise but also supports the development of innovative techniques and treatment options that can improve patient outcomes. Its impact extends through various educational endeavors and research opportunities, creating a more knowledgeable and skilled medical community dedicated to advancing care in cardiovascular and thoracic surgery.
This information is meant to be a general summary of Cardiothoracic Surgery Research 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.
Assets and Liabilities:
- Total Assets: $482,150
- Total Liabilities: $275
- Net Assets: $481,875
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Organization Details
Founding Year
2009
Phone
(502) 561-2180Principal Officer
Mark Slaughter
Main Address
201 ABRAHAM FLEXNER WAY 1200, LOUISVILLE, KY, 40202
NTEE Category
Code: U20 - Science research
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