Overview
What is Osf Healthcare Foundation?
OSF Healthcare Foundation is a nonprofit organization based in Peoria, Illinois, with the primary objective of raising funds to support OSF Healthcare System. The Foundation accepts and manages contributions, pledges, and gifts, which in turn benefit and contribute to the mission of OSF Healthcare. OSF Healthcare is dedicated to serving people with compassion and love, embodying the spirit of Christ and the example of Francis of Assisi. The Foundation's mission aligns with this by implementing fundraising strategies to garner public support for the various projects and initiatives of OSF Healthcare System.
Official website here: www.osfhealthcarefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Osf Healthcare Foundation has achieved a remarkable 95% rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. This high score is derived solely from the Accountability & Finance category, indicating that the organization demonstrates excellent practices in managing its resources and governance.
Strengths of the foundation include a fully independent board with 11 members, robust financial oversight mechanisms, and no recorded material diversion of assets. Additionally, the foundation has a commendable program expense ratio of 66.69%, showcasing its focus on delivering services rather than excessive administrative costs. Fundraising efficiency is also strong, with costs of only $0.21 per dollar raised.
While the foundation exhibits many strengths, the program expense ratio may suggest room for improvement in optimizing program delivery costs. However, overall, the Osf Healthcare Foundation's performance in accountability and finance positions it as a reputable organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Osf Healthcare Foundation legitimate?
Osf Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osf Healthcare 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: $5,709
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.osfhealthcarefoundation.org
What is the mission statement of Osf Healthcare Foundation?
In the caring tradition of Christ and Francis of Assisi, OSF Healthcare strives to serve individuals with utmost care and love. OSF Healthcare Foundation, as a supporting organization, aims to raise funds from the public to back the various initiatives and projects of OSF Healthcare System. The foundation is established solely for the benefit of OSF Healthcare System, with the primary objective of managing and distributing donations and contributions. In alignment with the mission of OSF Healthcare, the foundation's efforts contribute to enhancing the overall healthcare capabilities and services provided by OSF Healthcare System.
Official website here: www.osfhealthcarefoundation.org
Who is the CEO of Osf Healthcare Foundation?
Unavailable The CEO's salary of Osf Healthcare Foundation is $0 and their total compensation is $2,693,151.
Official website here: www.osfhealthcarefoundation.org
What is the revenue of Osf Healthcare Foundation?
Osf Healthcare Foundation's revenue in 2022 was $29,450,591.
Official website here: www.osfhealthcarefoundation.org
Who are the executives of Osf Healthcare Foundation and what are their salaries?
There 1033 volunteers at Osf Healthcare Foundation.
Here are 15 key members and their salaries (Osf Healthcare Foundation's CEO's salary is $0 and their total compensation is $2,693,151):
- Compensation: $0
- Related: $2,650,545
- Other: $42,606
- 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: $604,139
- Other: $42,145
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $21,000
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.osfhealthcarefoundation.org
Where can I find the form 990 for Osf Healthcare Foundation?
Osf Healthcare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osfhealthcarefoundation.org
Learn more at the official website: www.osfhealthcarefoundation.org
Mission Statement of Osf Healthcare Foundation
OSF Healthcare Foundation, a charitable organization inspired by the spirit of Christ and the example of Francis of Assisi, is dedicated to raising funds to support the various projects and activities of OSF Healthcare System. Through its mission, OSF Healthcare Foundation strives to generate public contributions that will benefit OSF Healthcare in its pursuit of providing care and love to individuals in the community.
OSF Foundation's primary role is to accept and manage contributions, pledges, and gifts intended for the use and benefit of OSF Healthcare System. The organization operates exclusively for this purpose, ensuring that all donations are channeled effectively towards enhancing the capabilities and reach of OSF Healthcare's initiatives. By supporting OSF Healthcare System in this manner, OSF Healthcare Foundation plays a crucial role in enabling the organization to serve persons with the greatest care and love.
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Impact
October, 2024
OSF Healthcare Foundation plays a crucial role in enhancing community health and well-being by generating financial support for OSF Healthcare System's initiatives. By developing and implementing effective fundraising strategies, the foundation secures contributions that directly benefit various activities and projects aimed at serving individuals with care and compassion. This commitment to excellence is aligned with the mission to honor the gift of life, ensuring that those in need receive the highest level of medical care and support. Based in Peoria, IL, OSF Healthcare Foundation fosters a spirit of generosity, enabling the healthcare system to address the needs of the community while celebrating the values of empathy and service inspired by Francis of Assisi. As a result, the foundation significantly impacts the quality and accessibility of healthcare services, ultimately improving the health outcomes of the populations it serves.
This information is meant to be a general summary of Osf Healthcare 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: $14,113,055
- Gross Receipts: $76,855,148
Assets and Liabilities:
- Total Assets: $296,096,705
- Total Liabilities: $3,801,199
- Net Assets: $292,295,506
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Organization Details
Founding Year
1989
Phone
(309) 655-2850Main Address
124 SW Adams St, Peoria, IL, 61602
NTEE Category
Code: E60 - Health
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