Overview
What is Academy Of Medicine Education Foundation?
The Academy of Medicine Education Foundation, located in Independence, Ohio, is a nonprofit organization dedicated to advancing healthcare. They accomplish this by granting scholarships and awards to promising students in the healthcare field. Their mission is multifaceted, aiming to enhance healthcare not only within the medical profession but also within the community at large. This is achieved through educational initiatives that empower the medical community and engage the wider public in health-related matters.
Official website here: www.amcno.org/amef
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star Rating
The Academy of Medicine Education Foundation has received a Two-Star rating from Charity Navigator, reflecting an overall score of 70%. This score is derived solely from its Accountability & Finance metrics, indicating that the organization demonstrates adequate financial oversight. The foundation excels in areas such as having a majority of independent board members and maintaining a clear conflict of interest policy, both critical for ensuring transparency and accountability.
However, there are notable limitations in its financial practices. The organization's program expense ratio was reported at 54.23%, which suggests that less than half of its expenses are directed towards its core programs. Additionally, the absence of a whistleblower policy has been highlighted as a significant gap in its governance practices, which could affect the organization’s overall accountability and ethical standards.
Despite these challenges, the foundation has been recognized for maintaining no material diversion of assets and has a strong record in document retention practices. With its current financial practices and governance structure, stakeholders may want to watch for improvements in program funding and policy adherence in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Academy Of Medicine Education Foundation legitimate?
Academy Of Medicine Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Medicine Education 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:
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Official website here: www.amcno.org/amef
What is the mission statement of Academy Of Medicine Education Foundation?
The Academy of Medicine Education Foundation's mission is centered around enhancing healthcare. They achieve this goal by focusing on the education of both the medical profession and the community at large. This is done through the provision of scholarships and grants to qualified students in the healthcare field. By doing so, they aim to contribute to the advancement of healthcare knowledge and practices, ultimately improving the wellbeing of many.
Official website here: www.amcno.org/amef
Who is the CEO of Academy Of Medicine Education Foundation?
Jennifer Johns is the Trustee of Academy Of Medicine Education Foundation.
Official website here: www.amcno.org/amef
What is the revenue of Academy Of Medicine Education Foundation?
Academy Of Medicine Education Foundation's revenue in 2022 was $64,059.
Official website here: www.amcno.org/amef
Who are the executives of Academy Of Medicine Education Foundation and what are their salaries?
Here are 9 key members and their salaries:
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- Related: $126,923
- Other: $3,808
Official website here: www.amcno.org/amef
Where can I find the form 990 for Academy Of Medicine Education Foundation?
Academy Of Medicine Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amcno.org/amef
Learn more at the official website: www.amcno.org/amef
Mission Statement of Academy Of Medicine Education Foundation
The Academy of Medicine Education Foundation is committed to enhancing healthcare by focusing on the education of both the medical profession and the wider community. This mission is achieved through the provision of scholarships and grants to deserving students in the healthcare field. By investing in the education of future healthcare providers, the foundation aims to contribute to the overall improvement of healthcare services and outcomes. The goal is to foster a knowledgeable and skilled medical workforce that can effectively address the health needs of individuals and communities. In doing so, the Academy of Medicine Education Foundation plays a vital role in promoting the advancement of healthcare and ultimately improving the overall well-being of society.
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Impact
August, 2024
Academy of Medicine Education Foundation enhances healthcare through the education of the medical profession and the community by awarding scholarships and grants to qualified students in the healthcare field. Their impact lies in supporting the education and development of future healthcare professionals, ultimately contributing to the quality of healthcare services provided to the community. They play a crucial role in fostering the growth and advancement of the healthcare sector by investing in the education of individuals pursuing careers in this field.
This information is meant to be a general summary of Academy Of Medicine Education 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 2022.
- Investment Income: $31,269
- Gross Receipts: $83,734
Assets and Liabilities:
- Total Assets: $1,343,054
- Total Liabilities: $0
- Net Assets: $1,343,054
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Organization Details
Founding Year
1999
Phone
(216) 520-1000Principal Officer
Jennifer Johns
Main Address
6111 OAK TREE BLVD 150, INDEPENDENCE, OH, 44131
Website
www.amcno.org/amefNTEE Category
Code: E99 - Health
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