Overview
What is International Honor Society Of Nursing Foundation Inc?
The International Honor Society of Nursing Foundation Inc, situated in Indianapolis, Indiana, primarily serves to provide financial aid under the name of Sigma Theta Tau International, Inc. This 501(c)(3) organization is dedicated to supporting and encouraging the objectives and activities of Sigma Theta Tau International, Inc., a fellow nonprofit entity. The Foundation's mission is to distribute funds for the provision of scholarships, thereby contributing to the educational growth and development of nursing professionals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating
The International Honor Society Of Nursing Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and transparency. With an overall score of 95%, the organization is recognized for its well-managed financial health and efficient use of resources, boasting a high program expense ratio of 76.83%, indicating that a significant portion of funds is directed towards its mission-related activities.
In terms of governance, the foundation has demonstrated exemplary leadership and adaptability, scoring a perfect 100% in this area. The board consists entirely of independent members, ensuring unbiased decision-making and effective oversight. The organization also has robust policies in place, including conflict of interest, whistleblower, and document retention policies, which all contribute to a culture of integrity and responsibility.
While the data highlights numerous strengths, it is important for potential donors and supporters to consider the organization's operational context within the broader nonprofit landscape. No significant limitations were noted in the data; however, ongoing evaluation of the foundation’s impact and outreach will be vital to maintain its positive trajectory.
This AI summary has been generated from information found on Charity Navigator.
Is International Honor Society Of Nursing Foundation Inc legitimate?
International Honor Society Of Nursing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Honor Society Of Nursing 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: $208,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $249,178
For more financial information, click here
What is the mission statement of International Honor Society Of Nursing Foundation Inc?
The International Honor Society of Nursing Foundation Inc's mission is to support and encourage the activities and purposes of Sigma Theta Tau International, a non-profit organization dedicated to nursing. They accomplish this by providing financial aid, specifically in the form of scholarships, to Sigma Theta Tau International. The primary objective of these funds is to aid individuals in their nursing education and professional growth. By doing so, the Foundation aligns itself with the mission of Sigma Theta Tau International, which is to advance the nursing profession and improve healthcare globally.
Who is the CEO of International Honor Society Of Nursing Foundation Inc?
Lynn Lambuth is the Chair of International Honor Society Of Nursing Foundation Inc. The CEO's salary of International Honor Society Of Nursing Foundation Inc is $0 and their total compensation is $442,049.
What is the revenue of International Honor Society Of Nursing Foundation Inc?
International Honor Society Of Nursing Foundation Inc's revenue in 2023 was $1,459,819.
Who are the executives of International Honor Society Of Nursing Foundation Inc and what are their salaries?
There 9 volunteers at International Honor Society Of Nursing Foundation Inc.
Here are 12 key members and their salaries (International Honor Society Of Nursing Foundation Inc's CEO's salary is $0 and their total compensation is $442,049):
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- Related: $413,921
- Other: $28,128
- Compensation: $0
- Related: $108,147
- Other: $572
Where can I find the form 990 for International Honor Society Of Nursing Foundation Inc?
International Honor Society Of Nursing Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of International Honor Society Of Nursing Foundation Inc
The International Honor Society of Nursing Foundation Inc is committed to supporting and encouraging the activities and purposes of the Honor Society of Nursing Sigma Theta Tau International, Inc., a recognized 501(c)(3) organization. The primary mission of the International Honor Society of Nursing Foundation Inc is to provide financial assistance to Sigma Theta Tau International. This support is channeled towards offering scholarships to the honor society. By providing these scholarships, the International Honor Society of Nursing Foundation Inc is contributing to the advancement of nursing education and fostering the professional growth of nursing students and practitioners affiliated with Sigma Theta Tau International.
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Impact
October, 2024
The International Honor Society of Nursing Foundation Inc significantly enhances the field of nursing by providing essential financial support for scholarships through the Honor Society of Nursing, Sigma Theta Tau International, Inc. This support enables nursing students to pursue their education and improve their professional skills, thereby fostering excellence in nursing practice.
By encouraging academic achievement and leadership, the foundation plays a critical role in developing future nursing leaders. Its efforts not only contribute to individual educational advancement but also address broader challenges in the healthcare system by promoting a highly qualified and motivated nursing workforce. Through its mission, the foundation directly impacts the quality of patient care and the future of nursing education, encouraging innovation and dedication within the profession.
This information is meant to be a general summary of International Honor Society Of Nursing 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 2023.
- Investment Income: $28,963
- Gross Receipts: $11,608,457
Assets and Liabilities:
- Total Assets: $14,915,111
- Total Liabilities: $1,286,430
- Net Assets: $13,628,681
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Organization Details
Founding Year
1993
Phone
(317) 634-8171Principal Officer
Lynn Lambuth
Main Address
550 W NORTH ST, INDIANAPOLIS, IN, 46202
NTEE Category
Code: B11 - Education
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