Overview
What is Silver Cross Foundation?
The Silver Cross Foundation is a nonprofit organization situated in New Lenox, Illinois, with the primary objective of raising funds to support the healthcare programs and services provided by Silver Cross Hospital. Their mission is to cultivate philanthropic support, aiming to enhance the hospital's capabilities and reach in delivering essential medical care. The foundation's activities are focused on generating financial resources to bolster the hospital's services and initiatives, thereby contributing positively to the community's health and wellbeing.
Official website here: www.silvercross.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Silver Cross Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The foundation's overall score is derived entirely from its stellar performance in the Accountability & Finance beacon, indicating that it maintains rigorous standards in financial reporting and governance practices.
Key strengths noted include an independent board comprising 86% of its members, which enhances its oversight capabilities. The foundation has also established comprehensive policies related to conflict of interest, whistleblower protections, and document retention, all of which contribute to its transparent operational framework. Additionally, the foundation boasts a program expense ratio of 99.99%, demonstrating an exceptional commitment to putting funds directly into its charitable programs.
While the foundation's financial health appears robust, with a liabilities to assets ratio of 47.63%, it's important for potential donors to continually monitor its performance and impact over time. Overall, the Silver Cross Foundation exemplifies strong fiscal responsibility and effective governance, making it a trustworthy option for supporters looking to contribute to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Silver Cross Foundation legitimate?
Silver Cross Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silver Cross 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.silvercross.org
What is the mission statement of Silver Cross Foundation?
The Silver Cross Foundation's mission is centered around raising philanthropic support. This support is specifically intended for the healthcare programs and services provided by Silver Cross Hospital. The primary goal is to enhance the hospital's capabilities and offerings, ultimately contributing to improved patient care. The foundation functions as a catalyst, leveraging financial contributions to bolster the hospital's overall healthcare services.
Official website here: www.silvercross.org
Who is the CEO of Silver Cross Foundation?
Unavailable The CEO's salary of Silver Cross Foundation is $0 and their total compensation is $1,420,025.
Official website here: www.silvercross.org
What is the revenue of Silver Cross Foundation?
Silver Cross Foundation's revenue in 2022 was $817,443.
Official website here: www.silvercross.org
Who are the executives of Silver Cross Foundation and what are their salaries?
There 13 volunteers at Silver Cross Foundation.
Here are 18 key members and their salaries (Silver Cross Foundation's CEO's salary is $0 and their total compensation is $1,420,025):
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- Related: $1,360,674
- Other: $59,351
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- Related: $207,638
- Other: $39,849
Official website here: www.silvercross.org
Where can I find the form 990 for Silver Cross Foundation?
Silver Cross Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.silvercross.org
Learn more at the official website: www.silvercross.org
Mission Statement of Silver Cross Foundation
The Silver Cross Foundation, a philanthropic organization, is dedicated to raising funds for the healthcare programs and services provided by Silver Cross Hospital. Its mission is to provide financial support to ensure that the hospital can continue delivering high-quality medical care to its patients. By donating to the foundation, individuals and organizations contribute to the long-term success and sustainability of the hospital's healthcare services.
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Impact
October, 2024
The Silver Cross Foundation creates a significant impact by mobilizing philanthropic support for the healthcare programs and services of Silver Cross Hospital. Through its efforts, the Foundation raises essential funds that enhance medical services, improve patient care, and expand access to innovative healthcare solutions in New Lenox, IL. By fostering community engagement and financial contributions, the Foundation helps to ensure that high-quality medical care remains accessible to all, ultimately benefiting the health and well-being of the entire community.
This information is meant to be a general summary of Silver Cross 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: $474
- Gross Receipts: $928,802
Assets and Liabilities:
- Total Assets: $2,305,856
- Total Liabilities: $1,098,309
- Net Assets: $1,207,547
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Organization Details
Founding Year
1981
Phone
(815) 300-7007Main Address
1900 SILVER CROSS BLVD, NEW LENOX, IL, 60451
Website
www.silvercross.orgNTEE Category
Code: T30 - Philanthropy
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