Overview
What is Ascension Providence Foundation?
Ascension Providence Foundation is a charitable organization responsible for soliciting and investing contributions, gifts, and bequests to benefit Ascension Providence Hospital and its affiliated organizations. The funding received is utilized for various initiatives, including expanding and renovating the Neonatal Intensive Care Unit, establishing new halfway houses, enhancing the Minimally Invasive Spine Surgery Program, providing COVID-19 relief funds, supporting associates experiencing hardships, improving campus walking paths, expanding and renovating the Elliott Breast Center, offering breast care services to those in need, and providing scholarships and educational support for medical students and residents. Aligning with Ascension's Catholic Health Ministry, the foundation's mission is to serve all individuals, with special attention to the poor and vulnerable, through compassionate, holistic care that improves their health and well-being, while advocating for a just society.
Official website here: www.foundation.ascension.org/michigan/providence-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Ascension Providence Foundation holds a commendable Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance within its operations. The foundation has achieved an impressive score in various accountability measures, including a 94% independent board and a robust audit and oversight committee, indicating a commitment to transparency and good governance.
Financially, the foundation demonstrates a solid program expense ratio of 77.58%, showing that a significant portion of its funding is allocated directly to its programs. Additionally, it maintains a low liabilities to assets ratio of 0.67%, contributing to its overall financial health. However, the foundation's fundraising efficiency ratio of $0.35 suggests there may be room for improvement in its fundraising strategies.
Overall, while Ascension Providence Foundation excels in accountability and financial management, enhancing its fundraising efficiency could further strengthen its impact and sustainability. This performance indicates a charity that is well-managed and dedicated to its mission, yet aware of the need for continuous improvement in fundraising efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Ascension Providence Foundation legitimate?
Ascension Providence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Providence 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.foundation.ascension.org/michigan/providence-foundation
What is the mission statement of Ascension Providence Foundation?
The mission of Ascension Providence Foundation is rooted in the loving ministry of Jesus as a healer. They commit to serving all individuals, with special attention to those who are poor and vulnerable. Their Catholic health ministry is dedicated to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Furthermore, they advocate for a compassionate and just society through their actions and words, with the goal of improving the health and well-being of all the people in the communities they serve, by actively seeking and investing charitable support for Ascension Providence Hospital and Providence Park Hospital.
Official website here: www.foundation.ascension.org/michigan/providence-foundation
Who is the CEO of Ascension Providence Foundation?
Unavailable
Official website here: www.foundation.ascension.org/michigan/providence-foundation
What is the revenue of Ascension Providence Foundation?
Ascension Providence Foundation's revenue in 2022 was $5,777,675.
Official website here: www.foundation.ascension.org/michigan/providence-foundation
Who are the executives of Ascension Providence Foundation and what are their salaries?
There 49 volunteers at Ascension Providence Foundation.
Here are 27 key members and their salaries:
- 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: $650,384
- Other: $15,556
- 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: $648,412
- Other: $36,919
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $8,382
- Other: $634
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $137,614
- Other: $35,011
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $134,542
- Other: $20,140
- 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: $1,072,541
- Other: $44,639
Official website here: www.foundation.ascension.org/michigan/providence-foundation
Where can I find the form 990 for Ascension Providence Foundation?
Ascension Providence Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.ascension.org/michigan/providence-foundation
Learn more at the official website: www.foundation.ascension.org/michigan/providence-foundation
Mission Statement of Ascension Providence Foundation
Ascension Providence Foundation, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals with special attention to those who are poor and vulnerable. This organization, driven by its Catholic health ministry, focuses on providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Ascension Providence Foundation advocates for a compassionate and just society through its actions and words, actively seeking and investing charitable support for Ascension Providence Hospital and Providence Park Hospital. The goal is to enhance the health and well-being of all people in the communities they serve.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ascension Providence Foundation actively seeks and invests charitable support for Ascension Providence Hospital and Providence Park Hospital. This support enables these institutions to improve the health and well-being of all the people in the communities they serve. Impactful projects funded by the foundation include the expansion and renovation of the neonatal intensive care unit, enhancements to the minimally invasive spine surgery program, COVID-19 relief funds, associate hardship support, campus walking path enhancements, and the expansion and renovation of the Elliott Breast Center. Additionally, the foundation provides scholarships and educational support for medical students and residents, contributing to the advancement of healthcare in the region. Through these initiatives, Ascension Providence Foundation has a tangible impact on healthcare services and resources available to the community, ultimately helping to improve the overall quality of life for individuals in need.
This information is meant to be a general summary of Ascension Providence 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: $1,120,259
- Gross Receipts: $5,849,609
Assets and Liabilities:
- Total Assets: $27,902,323
- Total Liabilities: $409,476
- Net Assets: $27,492,847
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Phone
(314) 733-8000Main Address
C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998
NTEE Category
Code: T21 - Philanthropy
If you are a representative of Ascension Providence Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.