Overview
What is Family Medicine Foundation Of Wv?
Family Medicine Foundation of WV is a nonprofit organization situated in Flatwoods, West Virginia (WV). Their primary mission is to improve healthcare delivery within the state by providing scholarships to financially struggling medical students who commit to practicing family medicine in West Virginia upon graduation. By doing so, they aim to boost the overall health care standard for the local population. The foundation aims to enhance health care accessibility and quality in West Virginia.
Official website here: www.fmfwv.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Family Medicine Foundation of West Virginia has achieved a remarkable 97% rating on Charity Navigator, reflecting a strong commitment to transparency and accountability in its operations. This rating is derived solely from its impressive performance in the Accountability & Finance beacon, indicating that the organization is effectively managing its resources and financial responsibilities.
One of the foundation's notable strengths is its fully independent board, composed entirely of ten members, which plays a crucial role in governance and oversight. Additionally, the foundation has implemented comprehensive policies regarding conflicts of interest, whistleblowing, and document retention, ensuring ethical management and operational integrity. Its program expense ratio of 74.05% demonstrates a significant portion of funds directed towards its mission-driven activities.
Notably, the organization maintains a perfect liabilities to assets ratio of 0.00%, showcasing its sound financial health and stability. This strong financial foundation allows the Family Medicine Foundation of West Virginia to focus on its mission of improving healthcare access and education in the region. Overall, the foundation exhibits a commendable level of accountability, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Family Medicine Foundation Of Wv legitimate?
Family Medicine Foundation Of Wv is a legitimate nonprofit organization registered as a 501(c)(3) entity. Family Medicine Foundation Of Wv 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fmfwv.org
What is the mission statement of Family Medicine Foundation Of Wv?
The Family Medicine Foundation of WV has a mission to enhance the quality of healthcare delivered to the people of West Virginia. This is achieved through various means, including providing scholarships to deserving medical students who commit to practicing family medicine within the state. The foundation's primary goal is to improve healthcare access and quality for the residents of West Virginia.
Official website here: www.fmfwv.org
Who is the CEO of Family Medicine Foundation Of Wv?
William B Ferrell is the President of Family Medicine Foundation Of Wv.
Official website here: www.fmfwv.org
What is the revenue of Family Medicine Foundation Of Wv?
Family Medicine Foundation Of Wv's revenue in 2022 was $206,897.
Official website here: www.fmfwv.org
Who are the executives of Family Medicine Foundation Of Wv and what are their salaries?
There 9 volunteers at Family Medicine Foundation Of Wv.
Here are 10 key members and their salaries:
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Official website here: www.fmfwv.org
Where can I find the form 990 for Family Medicine Foundation Of Wv?
Family Medicine Foundation Of Wv's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fmfwv.org
Learn more at the official website: www.fmfwv.org
Mission Statement of Family Medicine Foundation Of Wv
The Family Medicine Foundation of WV, in its mission, aims to enhance the quality of healthcare delivered to the people of West Virginia. To achieve this, the organization provides scholarships to deserving medical students who pledge to dedicate their careers to family medicine in the state. By investing in the education of future healthcare providers, the Foundation hopes to ensure that the people of West Virginia receive comprehensive and compassionate care within their own communities.
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Impact
October, 2024
Family Medicine Foundation of West Virginia enhances healthcare delivery in the state by providing crucial financial support through scholarships for needy medical students. This initiative is aimed at encouraging future physicians to commit to practicing family medicine within West Virginia, addressing the specific healthcare needs of local communities. By investing in the education of these future practitioners, the foundation plays a vital role in ensuring that quality healthcare remains accessible to the residents of West Virginia, ultimately contributing to improved health outcomes across the region.
This information is meant to be a general summary of Family Medicine Foundation Of Wv. 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: $82,200
- Program Service Revenue: $117,697
- Gross Receipts: $206,897
Assets and Liabilities:
- Total Assets: $2,246,055
- Total Liabilities: $0
- Net Assets: $2,246,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$117,697
Organization Details
Founding Year
1982
Phone
(304) 765-7839Principal Officer
William B Ferrell
Main Address
PO BOX 359, FLATWOODS, WV, 26621
Website
www.fmfwv.orgNTEE Category
Code: B03 - Education
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