Overview
What is University Of Wisconsin Medical Foundation Inc?
The University of Wisconsin Medical Foundation Inc, based in Middleton, Wisconsin, is a nonprofit organization dedicated to enhancing healthcare services for the University of Wisconsin School of Medicine and Public Health. With a workforce of over 5,500 employees, their mission is to promote and deliver excellent patient care by faculty and staff who cater to local, regional, national, and international populations. The Foundation aims to support the teaching, research, and service missions of the University by allocating funding for healthcare, thereby contributing to the overall success of the institution.
Official website here: www.uwhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The University of Wisconsin Medical Foundation Inc has received an 87% rating from Charity Navigator, reflecting strong performance in accountability and finance. This score is particularly notable as it is derived exclusively from the accountability and finance beacon, where the organization scored 87. The foundation demonstrates robust financial management practices, highlighted by a high program expense ratio of 97.79%, indicating that a significant portion of its budget is allocated directly to its programs.
While the foundation has strengths, such as having an independent board size of four, the percentage of independent board members is relatively low at 26%. This could be a point of concern for potential donors who prioritize governance and oversight. However, the organization has established solid policies in areas such as conflict of interest, whistleblower protections, and document retention, which contribute positively to its overall score.
The financial health of the foundation is reinforced by their zero instances of material diversion of assets and a favorable liabilities to assets ratio of 50.76%. Overall, the University of Wisconsin Medical Foundation Inc shows a commitment to transparency and effective management, making it a reliable option for donors looking to support healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Wisconsin Medical Foundation Inc legitimate?
University Of Wisconsin Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Wisconsin Medical Foundation Inc 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: $8,551,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $649,044,483
For more financial information, click here
Official website here: www.uwhealth.org
What is the mission statement of University Of Wisconsin Medical Foundation Inc?
The University of Wisconsin Medical Foundation (UWMF) plays a crucial role in upholding the academic and professional missions of the University of Wisconsin School of Medicine and Public Health. Through its efforts, UWMF enhances the delivery of top-tier patient care by faculty and staff, catering to diverse populations, both locally and internationally. The foundation's primary goal is to promote excellence in healthcare through teaching, research, and service. By funding various initiatives, UWMF supports the university's commitment to providing comprehensive healthcare solutions and advancing the field through ongoing research and innovation.
Official website here: www.uwhealth.org
Who is the CEO of University Of Wisconsin Medical Foundation Inc?
Alan Kaplan Md is the Chairman Of The Board of University Of Wisconsin Medical Foundation Inc.
Official website here: www.uwhealth.org
What is the revenue of University Of Wisconsin Medical Foundation Inc?
University Of Wisconsin Medical Foundation Inc's revenue in 2022 was $1,159,179,776.
Official website here: www.uwhealth.org
Who are the executives of University Of Wisconsin Medical Foundation Inc and what are their salaries?
The average compensation at University Of Wisconsin Medical Foundation Inc during 2022 was $118,807. There are 5535 employees and 4 volunteers at University Of Wisconsin Medical Foundation Inc.
Here are 29 key members and their salaries:
- Compensation: $0
- Related: $3,001,694
- Other: $742,217
- Compensation: $286,312
- Related: $0
- Other: $58,063
- Compensation: $238,996
- Related: $0
- Other: $25,602
- Compensation: $290,484
- Related: $0
- Other: $61,226
- Compensation: $1,378,747
- Related: $0
- Other: $59,436
- Compensation: $1,070,757
- Related: $0
- Other: $59,436
- Compensation: $798,559
- Related: $0
- Other: $59,436
- Compensation: $781,304
- Related: $0
- Other: $58,063
- Compensation: $682,036
- Related: $0
- Other: $2,063
- Compensation: $437,786
- Related: $0
- Other: $55,657
- Compensation: $388,223
- Related: $0
- Other: $48,924
- Compensation: $385,008
- Related: $0
- Other: $58,063
- 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: $374,921
- Related: $0
- Other: $58,063
- Compensation: $649,645
- Related: $0
- Other: $58,063
- Compensation: $1,072,014
- Related: $0
- Other: $59,436
- Compensation: $0
- Related: $437,492
- Other: $90,945
- Compensation: $0
- Related: $828,014
- Other: $137,942
- Compensation: $1,067,942
- Related: $0
- Other: $175,206
- Compensation: $1,545,451
- Related: $0
- Other: $58,063
- Compensation: $1,292,367
- Related: $0
- Other: $58,063
- Compensation: $1,330,722
- Related: $0
- Other: $58,063
- Compensation: $1,339,917
- Related: $0
- Other: $14,563
- Compensation: $1,203,782
- Related: $0
- Other: $15,936
- Compensation: $1,111,867
- Related: $0
- Other: $169,655
- Compensation: $567,079
- Related: $0
- Other: $58,063
Official website here: www.uwhealth.org
Where can I find the form 990 for University Of Wisconsin Medical Foundation Inc?
University Of Wisconsin Medical Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uwhealth.org
Learn more at the official website: www.uwhealth.org
Mission Statement of University Of Wisconsin Medical Foundation Inc
University of Wisconsin Medical Foundation (UWMF) is a dedicated organization that plays a pivotal role in advancing the academic and clinical initiatives of the University of Wisconsin School of Medicine and Public Health. By championing the delivery of exceptional and inventive patient care, UWMF empowers the faculty and staff to serve communities both locally and globally.
More specifically, UWMF's mission revolves around supporting the teaching, research, and service missions of the University of Wisconsin School of Medicine and Public Health. Its primary focus is on promoting the provision of outstanding and innovative patient care, ensuring that faculty and staff are able to cater to the needs of diverse populations that span from the local to the international level. This commitment to quality patient care not only strengthens the foundation's reputation but also contributes to the overall advancement of medical knowledge and practice within the realm of healthcare.
In essence, University of Wisconsin Medical Foundation (UWMF) functions as a catalyst for growth and improvement within the medical community, enabling the University of Wisconsin School of Medicine and Public Health to make a significant impact on the health and well-being of people from all walks of life. Through its unwavering dedication and support, UWMF plays a crucial role in fostering a culture of excellence and innovation within the medical field.
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Impact
October, 2024
The University of Wisconsin Medical Foundation Inc (UWMF) significantly impacts healthcare by enhancing the teaching, research, and service missions of the University of Wisconsin School of Medicine and Public Health. By promoting excellent and innovative patient care, UWMF directly benefits a diverse range of populations at local, regional, national, and international levels.
Through strategic funding and support, UWMF ensures that healthcare delivery is not just about treating conditions, but also about advancing medical knowledge and training the next generation of healthcare professionals. This foundation plays a crucial role in fostering an environment where groundbreaking research can flourish, ultimately leading to improved patient outcomes and more effective healthcare solutions.
UWMF’s commitment to comprehensive healthcare also includes addressing the needs of underserved communities, ensuring access to quality care for those who may otherwise be overlooked. By integrating education with practical healthcare delivery, UWMF not only elevates the standard of care but also cultivates a skilled workforce dedicated to addressing future healthcare challenges. This holistic approach contributes to a healthier society and positions the University of Wisconsin School of Medicine and Public Health as a leader in medical innovation and community service.
This information is meant to be a general summary of University Of Wisconsin Medical Foundation Inc. 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: $7,434,315
- Program Service Revenue: $901,631,979
- Gross Receipts: $1,199,081,326
Assets and Liabilities:
- Total Assets: $763,282,988
- Total Liabilities: $364,861,442
- Net Assets: $398,421,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Services
Revenue
$643,179,187
Premium Revenue
Revenue
$254,432,554
Medicare QPP Incentive
Revenue
$2,397,427
Organization Details
Founding Year
1995
Phone
(608) 265-7131Principal Officer
Alan Kaplan Md
Main Address
7974 UW Health Court, Middleton, WI, 53562
Website
www.uwhealth.orgNTEE Category
Code: E220 - Health
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