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American Association Of Nurse Anesthetists Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363145692 ✦ Rosemont, IL ✦ Designated as a 501(c)(3)

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Overview

What is American Association Of Nurse Anesthetists Foundation?

The American Association of Nurse Anesthetists Foundation is a well-established nonprofit organization situated in Rosemont, Illinois. Their primary mission is to advance the field of anesthesia by funding educational and research initiatives. The foundation accomplishes this goal by providing scholarships, grants, and fellowships to student nurse anesthetists, CRNA graduate students, and post-doctoral CRNAs. In the recent reporting period, they awarded 88 scholarships and 9 research grants. As the philanthropic arm of the American Association of Nurse Anesthetists, they raise funds and invest in projects that directly support the nurse anesthesia profession, aiming to enhance the science of anesthesia.


Official website here: www.aanafoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

The American Association Of Nurse Anesthetists Foundation holds a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization showcases a highly independent board, with 93% of its members being independent, and effectively demonstrates no material diversion of assets. Furthermore, its financial management practices, including a favorable liabilities-to-assets ratio and efficient fundraising efforts, contribute positively to its overall score.

However, while the organization excels in governance and fundraising efficiency, it faces challenges in its program expense ratio, which stands at 63.07%. This suggests that a significant portion of its expenditures may not be allocated directly to its programs, which could be a concern for potential donors seeking impactful contributions. Despite this, the foundation's comprehensive policies and transparency indicate a commitment to responsible operation.

Overall, the American Association Of Nurse Anesthetists Foundation has established a strong foundation in terms of governance and financial health, although it may need to address its program expense allocation to enhance its effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is American Association Of Nurse Anesthetists Foundation legitimate?

American Association Of Nurse Anesthetists Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Nurse Anesthetists 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:

Executive Compensation: $470,060
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aanafoundation.com

What is the mission statement of American Association Of Nurse Anesthetists Foundation?

The American Association of Nurse Anesthetists Foundation's mission is centered around advancing the science of anesthesia. They achieve this goal through educational and research initiatives. Acting as the philanthropic arm of the AANA, the foundation raises funds and invests in projects that directly support the nurse anesthesia profession. The foundation provides financial aid in the form of individual grants, fellowships, and scholarships for student nurse anesthetists, CRNA graduate students, and post-doctoral CRNAs. During the reported period, the AANA Foundation awarded 88 scholarships to students. Additionally, the foundation also grants funds for research projects, awarding 9 research grants during the year in question.


Official website here: www.aanafoundation.com

Who is the CEO of American Association Of Nurse Anesthetists Foundation?

Lorraine Jordan is the Trustee - Until 10/2021 of American Association Of Nurse Anesthetists Foundation. The CEO's salary of American Association Of Nurse Anesthetists Foundation is $267,723 and their total compensation is $295,079.


Official website here: www.aanafoundation.com

What is the revenue of American Association Of Nurse Anesthetists Foundation?

American Association Of Nurse Anesthetists Foundation's revenue in 2022 was $2,558,735.


Official website here: www.aanafoundation.com

Who are the executives of American Association Of Nurse Anesthetists Foundation and what are their salaries?

There 157 volunteers at American Association Of Nurse Anesthetists Foundation.


Here are 17 key members and their salaries (American Association Of Nurse Anesthetists Foundation's CEO's salary is $267,723 and their total compensation is $295,079):


Randall Moore (Trustee - Until 10/2021)
  • Compensation: $0
  • Related: $369,249
  • Other: $20,872
Stephen Finder (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Everson (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Schirle (Vice Chair, Research)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Grass (Vice Chair, Scholarly Acti)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Jeter (Vice Chair, Fundrasing)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Bruce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Beninga (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Cheung (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shayne Hauglum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Mund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Stanley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Thibeault (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Wilbanks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Woods (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Jordan (Ceo And Secretary)
  • Compensation: $267,723
  • Related: $0
  • Other: $27,356
Nathanael Carmichael (Director)
  • Compensation: $105,443
  • Related: $0
  • Other: $54


Official website here: www.aanafoundation.com

Where can I find the form 990 for American Association Of Nurse Anesthetists Foundation?

American Association Of Nurse Anesthetists Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aanafoundation.com

Learn more at the official website: www.aanafoundation.com

Mission Statement of American Association Of Nurse Anesthetists Foundation

The American Association of Nurse Anesthetists Foundation, serving as the philanthropic arm of the AANA, is dedicated to advancing the field of anesthesia through education and research. This esteemed organization raises funds and invests in projects that directly support the nurse anesthesia profession. By funding individual grants, fellowships, and scholarships, it provides opportunities for student nurse anesthetists, CRNA graduate students, and post-doctoral CRNAs, aiming to foster growth and innovation within the field. During the reporting period, the foundation awarded 88 scholarships to deserving students, demonstrating its commitment to nurturing future talent in anesthesia. Additionally, the foundation granted 9 research grants during the year ended, further advancing the scientific understanding of anesthesia.

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Impact




October, 2024

The American Association of Nurse Anesthetists Foundation significantly advances the science of anesthesia through robust educational initiatives and research funding. By providing grants, fellowships, and scholarships, the foundation supports the professional development of student nurse anesthetists, CRNA graduate students, and post-doctoral CRNAs. In a recent reporting period, the foundation awarded 88 scholarships, enhancing access to education in this critical field. Additionally, nine research grants were allocated to promote innovative studies that contribute to the advancement of anesthesia practice. Through these efforts, the foundation plays a crucial role in fostering the future of nurse anesthesia, ultimately benefiting patient care and safety.




This information is meant to be a general summary of American Association Of Nurse Anesthetists 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.

Revenue
$2,558,735 (2022)
Expenses
$1,654,214 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,023,173
  • Program Service Revenue: $4,135
  • Gross Receipts: $6,800,308

Assets and Liabilities:

  • Total Assets: $11,349,625
  • Total Liabilities: $261,081
  • Net Assets: $11,088,544

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

APPLICATION FEES

Revenue

$4,135

Organization Details

Founding Year

1981

Principal Officer

Lorraine Jordan

Main Address

10275 W HIGGINS ROAD 500, ROSEMONT, IL, 60018

NTEE Category

Code: E03 - Health

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