Overview
What is The Georgia Health Sciences Foundation Inc?
The Georgia Health Sciences Foundation Inc is a nonprofit organization that plays a crucial role in supporting Augusta University (AU) and AU Medical Center Inc. It was established to contribute to the long-term enhancement of AU, offering volunteer leadership, guidance, and assistance in their development and fundraising activities. The foundation's primary mission involves managing philanthropic gifts intended for AU, aiming to help the university become one of the nation's premier academic health centers. To achieve this goal, the foundation is expanding its reach and initiatives. This includes increasing the class size in their Dentistry School, establishing new distance learning sites for Schools of Allied Health Sciences and Nursing, and implementing a statewide medical education program to address Georgia's critical physician shortage. To accommodate these ambitious undertakings, the foundation has formed partnerships with local governments and educational and clinical organizations in Athens, Savannah, and Albany. Additionally, it is actively seeking financial partners to help build new facilities. The foundation's growth requires strong partnerships with cooperative organizations, and it has become increasingly reliant on these collaborations to support its vision. With a focus on education, research, and patient care, the Georgia Health Sciences Foundation Inc plays a vital role in advancing healthcare in Georgia.
What are the reviews and ratings of this charity?
The Georgia Health Sciences Foundation Inc has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a high score of 94%. This rating indicates a strong commitment to accountability and finance, as the foundation has demonstrated exemplary standards across several financial metrics. Notably, it has a very low liabilities to assets ratio and a robust program expense ratio, which suggests efficient use of funds towards its mission.
Strengths highlighted in the evaluation include a predominantly independent board, ensuring unbiased governance, and a comprehensive array of policies addressing conflicts of interest and whistleblower protections. Such governance structures contribute to the foundation's transparency and integrity, reinforcing its trust among stakeholders.
However, user reviews from GreatNonprofits are currently unavailable, so further insights from individuals directly impacted by or involved with the organization cannot be provided. Overall, the foundation appears to be well-managed and financially sound, with a strong commitment to its operational guidelines.
This AI summary has been generated from information found on Charity Navigator.
Is The Georgia Health Sciences Foundation Inc legitimate?
The Georgia Health Sciences Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Georgia Health Sciences 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:
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What is the mission statement of The Georgia Health Sciences Foundation Inc?
The Georgia Health Sciences Foundation Inc. was established with the mission to contribute to the long-term enhancement of Augusta University. The foundation provides volunteer leadership and assistance to the university in its development and fundraising activities. Besides this, it offers broad advice, consultation, and support to the university's president. The foundation's role is also to contribute to Augusta University Medical Center Inc. in their development and fundraising activities. In response to the university's growth needs, the foundation is partnering with local governments, forming educational and clinical partnerships, and seeking financial partners to build new facilities. The foundation's aim is to support Augusta University's vision of becoming one of the nation's premier academic health centers, which includes expanding its facilities and educational programs to meet Georgia's critical physician shortage.
Who is the CEO of The Georgia Health Sciences Foundation Inc?
Stephen R Wertz is the Chair of The Georgia Health Sciences Foundation Inc.
What is the revenue of The Georgia Health Sciences Foundation Inc?
The Georgia Health Sciences Foundation Inc's revenue in 2022 was $9,093,443.
Who are the executives of The Georgia Health Sciences Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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- Related: $894,605
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- Related: $153,464
- Other: $44,332
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- Related: $168,872
- Other: $22,171
Where can I find the form 990 for The Georgia Health Sciences Foundation Inc?
The Georgia Health Sciences Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Georgia Health Sciences Foundation Inc
The Georgia Health Sciences Foundation, Inc. was established with the mission to contribute to the long-term enhancement of Augusta University. This nonprofit organization provides volunteer leadership and assistance to the university in its development and fundraising activities. Its role extends beyond Augusta University, also aiding Augusta University Medical Center, Inc. in their growth and fundraising endeavors. The Georgia Health Sciences Foundation's mission is to support the expansion and improvement of Augusta University, with a vision to become one of the nation's premier academic health centers.
In the current context, the foundation is vital in managing philanthropic gifts to Augusta University and its medical center. With the university's growing needs, particularly in the areas of dentistry, allied health sciences, nursing, and medical education, the foundation plays a crucial role. It is expanding its campus footprint, forming educational and clinical partnerships in various cities, and seeking financial partners to build new facilities. This ambitious growth requires strong partnership with cooperative organizations, and the Georgia Health Sciences Foundation serves as a vital bridge in this endeavor.
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Impact
October, 2024
The Georgia Health Sciences Foundation Inc plays a crucial role in the advancement of Augusta University and Augusta University Medical Center by managing philanthropic contributions and spearheading development initiatives. It enhances the institution's capacity to grow and innovate, particularly in the face of challenges such as Georgia's critical physician shortage.
Through collaborative partnerships with local governments, educational institutions, and clinical entities across the state, the Foundation is actively expanding Augusta University’s footprint and academic offerings. This includes increasing class sizes in the dentistry school, adding new distance learning sites, and launching aggressive expansions in medical education.
The Foundation not only facilitates fundraising efforts but also provides strategic support and consultation to the university's leadership, enhancing its ability to achieve long-term goals. By cultivating resources and relationships, it aims to position Augusta University as one of the nation’s premier academic health centers, ultimately contributing to improved healthcare outcomes in Georgia and beyond.
This information is meant to be a general summary of The Georgia Health Sciences 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: $1,245,818
- Program Service Revenue: $189,187
- Gross Receipts: $11,591,353
Assets and Liabilities:
- Total Assets: $27,686,192
- Total Liabilities: $1,428,959
- Net Assets: $26,257,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$189,187
Organization Details
Founding Year
2008
Phone
(706) 721-3430Principal Officer
Stephen R Wertz
Main Address
1120 15TH ST - AD - 1104, AUGUSTA, GA, 30912
NTEE Category
Code: B11 - Education
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