Overview
What is Trinity Health Foundation?
Trinity Health Foundation is a nonprofit organization located in Rock Island, Illinois, with a focus on raising funds to enhance and expand the facilities and services of Trinity Medical Center. Their mission aligns with Trinity Regional Health System, providing charitable contributions and investing the proceeds to support various hospital, medical, and educational opportunities. The foundation offers a range of services, including financial aid for patient assistance, continuing education for employees, and community health education. Additionally, they grant scholarships to individuals pursuing nursing and other medical education, assist area employees' children with education, offer aid to employees in crisis, fund local health programs in community and spiritual organizations, and provide miscellaneous contributions to organizations associated with Trinity Medical Center.
Official website here: www.unitypoint.org (see sch o)
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
Trinity Health Foundation has received a remarkable score of 98% from Charity Navigator, signifying strong accountability and financial health. The foundation's independent board is composed of 83% independent members, ensuring a robust governance structure. Its financial practices are solid, with no material diversion of assets reported and a high rating for its audit and oversight committee.
The foundation excels in transparency, with all necessary documents and policies readily accessible on its website. This includes a conflict of interest policy and meeting minutes, which reflect a commitment to ethical standards. Additionally, the organization demonstrates effective fundraising strategies, with a low fundraising efficiency ratio, indicating that a significant portion of donations directly supports its programs.
Despite its strengths, the program expense ratio is slightly lower at 67.22%, suggesting that there might be room for improvement in directing funds towards its core missions. Overall, Trinity Health Foundation showcases a strong commitment to accountability and effective financial management, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Health Foundation legitimate?
Trinity Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Health 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: $250,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,032
For more financial information, click here
Official website here: www.unitypoint.org (see sch o)
What is the mission statement of Trinity Health Foundation?
The Trinity Health Foundation's mission is to secure charitable donations and volunteer resources, supporting its broader objective. This objective is to enhance the quality of patient care and improve the health of the community it serves. The foundation achieves this by raising funds to maintain, develop, and extend the facilities and services of its associated medical center, as well as offering educational opportunities for medical professionals and employees. It provides financial contributions to various medical programs, conducts research, aids in patient assistance, and supports community health education. The foundation also awards scholarships to individuals pursuing nursing and medical education, and provides grants to local health programs based in community and spiritual organizations.
Official website here: www.unitypoint.org (see sch o)
Who is the CEO of Trinity Health Foundation?
Shawn Morrow is the Principal Officer of Trinity Health Foundation. The CEO's salary of Trinity Health Foundation is $0 and their total compensation is $367,341.
Official website here: www.unitypoint.org (see sch o)
What is the revenue of Trinity Health Foundation?
Trinity Health Foundation's revenue in 2022 was $2,996,363.
Official website here: www.unitypoint.org (see sch o)
Who are the executives of Trinity Health Foundation and what are their salaries?
There 120 volunteers at Trinity Health Foundation.
Here are 30 key members and their salaries (Trinity Health Foundation's CEO's salary is $0 and their total compensation is $367,341):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $680,681
- Other: $130,131
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $535,874
- Other: $17,602
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $452,228
- Other: $48,191
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $173,276
- Other: $29,354
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $238,932
- Other: $13,530
- Compensation: $0
- Related: $447,615
- Other: $96,046
- Compensation: $0
- Related: $406,582
- Other: $72,508
- Compensation: $0
- Related: $454,663
- Other: $37,523
- Compensation: $0
- Related: $367,341
- Other: $0
- Compensation: $0
- Related: $1,266,433
- Other: $24,186
Official website here: www.unitypoint.org (see sch o)
Where can I find the form 990 for Trinity Health Foundation?
Trinity Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unitypoint.org (see sch o)
Learn more at the official website: www.unitypoint.org (see sch o)
Mission Statement of Trinity Health Foundation
Trinity Health Foundation is a charitable organization that plays a significant role in securing donations and volunteer resources to support the mission of Trinity Health. The mission of Trinity Health, which the foundation aids, is to provide high-quality patient care and improve the health of the communities they serve. Trinity Health Foundation fulfills this purpose by raising funds to maintain, develop, increase, and extend the facilities and services of Trinity Medical Center in Rock Island, Illinois, and by providing broader hospital, medical, and educational service opportunities to its patients, students, staff, faculty, and residents.
In essence, the foundation supports the missions of Trinity Regional Health System and its subsidiaries by raising financial contributions and investing the proceeds. These grants, allocations, and program support services can include contributions to capital and equipment purchases, patient assistance, continuing education for employees, community health education, medical programs, research, and general operating expenses. The foundation also awards scholarships and lectureships to individuals pursuing nursing and other medical education, scholarships to area individuals and children of employees for education and leadership, grants to UnityPoint Health-Trinity employees in crisis, grants for local health programs based in community and spiritual organizations, and miscellaneous grants and contributions to organizations and individuals associated with Trinity Medical Center.
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Impact
October, 2024
Trinity Health Foundation has a significant impact on the healthcare landscape of Rock Island, Illinois, and its surrounding communities. By securing charitable gifts and volunteer resources, it enhances the facilities and services of Trinity Medical Center, ensuring that quality patient care is consistently provided.
The foundation's efforts support a range of critical initiatives, including financial contributions to Trinity Regional Health System and its subsidiaries. These funds facilitate capital and equipment purchases, patient assistance programs, ongoing education for employees, and community health education.
Additionally, Trinity Health Foundation awards scholarships to individuals pursuing careers in nursing and other medical fields, as well as to local students and children of employees, fostering the next generation of healthcare professionals and community leaders. It also provides grants to UnityPoint Health-Trinity employees experiencing crises and supports local health programs initiated by community and spiritual organizations.
Through these programs, Trinity Health Foundation not only bolsters the immediate healthcare services available but also invests in the long-term health and wellness of the community.
This information is meant to be a general summary of Trinity Health 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: $626,558
- Gross Receipts: $4,240,160
Assets and Liabilities:
- Total Assets: $13,331,127
- Total Liabilities: $248,622
- Net Assets: $13,082,505
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Organization Details
Founding Year
1984
Phone
(309) 779-2200Principal Officer
Shawn Morrow
Main Address
2701 17TH ST, ROCK ISLAND, IL, 61201
NTEE Category
Code: E112 - Health
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