Healthcare Foundation

Charity Navigator Rating: Two-Star out of Four Stars (73%)

The Healthcare Foundation holds a two-star rating from Charity Navigator, indicating that while it has a solid foundation in financial accountability, there are significant areas that need improvement. The organization has achieved a perfect score of 100% for Accountability & Finance, reflecting strong governance and a lack of material diversion of assets, which is a positive sign for potential donors.

However, the foundation has several critical shortcomings that have affected its overall rating. Notably, it is missing several essential policies, including a conflict of interest policy, whistleblower policy, and document retention policy. Furthermore, the foundation's website is not listed on its tax form, and necessary documents such as tax forms are not posted on its website, which detracts from its transparency efforts.

Despite these limitations, the foundation demonstrates a commendable program expense ratio of 93.87%, suggesting that most of its funds are directed toward its programs. This focus on program expense may be appealing to donors looking for effective utilization of contributions, yet the lack of transparency and governance policies raises concerns that need to be addressed for the organization to improve its standing.

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

Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $0
Other Salaries and Wages: $0

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