Overview
What is St Joseph's Community Foundation Inc?
St. Joseph's Community Foundation Inc, based in an undisclosed location, is a dedicated nonprofit organization. Its primary mission is to enhance the health, wellness, and educational prospects of the local community. They achieve this by managing and nurturing philanthropic resources, channeling them towards St. Joseph's Community Hospital of West Bend. Each year, they grant scholarships worth a substantial $47,750, derived from generous donations received from external sources. The foundation's contributions play a significant role in uplifting the community's wellbeing and fostering educational opportunities.
Official website here: www.froedtert.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
St Joseph's Community Foundation Inc has earned a solid Three-Star rating from Charity Navigator with an overall score of 81%, reflecting its commitment to accountability and finance. The rating is based entirely on a single accountability and finance beacon score, demonstrating strong governance practices, such as having a majority of independent board members and effective audit oversight.
The organization excels in several key areas, including a commendable independent board composition, which consists of 91% independent members, and robust financial oversight mechanisms. It has a notable 1.72% liabilities to assets ratio, which indicates good financial health. Additionally, the foundation has implemented thorough policies, including conflict of interest and whistleblower protections, reinforcing its commitment to transparency and ethical practices.
However, the program expense ratio stands at 57.77%, which could indicate room for improvement in how funds are allocated toward programs versus administrative expenses. While the organization displays strong governance and accountability, stakeholders might benefit from further insight into its programmatic impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is St Joseph's Community Foundation Inc legitimate?
St Joseph's Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph's Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,748
For more financial information, click here
Official website here: www.froedtert.com
What is the mission statement of St Joseph's Community Foundation Inc?
St. Joseph's Community Foundation Inc's mission is centered around enhancing the health, wellness, and educational aspects of a community. They achieve this by overseeing and managing philanthropic resources, specifically to support a community hospital. Each year, they grant scholarships totaling a significant amount, contributing to the overall development of the community.
Official website here: www.froedtert.com
What is the revenue of St Joseph's Community Foundation Inc?
St Joseph's Community Foundation Inc's revenue in 2023 was $1,017,022.
Official website here: www.froedtert.com
Who are the executives of St Joseph's Community Foundation Inc and what are their salaries?
There 34 volunteers at St Joseph's Community Foundation Inc.
Here are 14 key members and their salaries:
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- Related: $1,476,512
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- Related: $352,212
- Other: $43,529
- Compensation: $0
- Related: $165,323
- Other: $30,787
Official website here: www.froedtert.com
Where can I find the form 990 for St Joseph's Community Foundation Inc?
St Joseph's Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.froedtert.com
Learn more at the official website: www.froedtert.com
Mission Statement of St Joseph's Community Foundation Inc
St. Joseph's Community Foundation Inc is dedicated to enhancing the health, wellness, and educational aspects of its community. Their mission is accomplished through the strategic development and management of philanthropic resources, specifically in support of St. Joseph's Community Hospital of West Bend. The foundation's primary objective is to leverage these resources to make a substantial impact on the community's overall welfare.
Every year, St. Joseph's Community Foundation Inc awards scholarships worth a significant sum of $47,750. These scholarships serve as a testament to the foundation's commitment to investing in the education and future of its community members. By supporting St. Joseph's Community Hospital of West Bend, the foundation aligns its efforts with a healthcare provider that shares its vision of improving community well-being. Through its philanthropic endeavors, St. Joseph's Community Foundation Inc plays a vital role in uplifting the lives of its community members, promoting health and education, and fostering a more prosperous community.
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Impact
July, 2024
St Joseph's Community Foundation Inc has a significant impact on the community by improving health, wellness, and education through the development and stewardship of philanthropic resources in support of St. Joseph's Community Hospital of West Bend. Each year, the foundation awards scholarships totaling $47,750 to support education in the community. Additionally, the foundation plays a vital role in enhancing healthcare services and overall well-being in West Bend, Wisconsin.
This information is meant to be a general summary of St Joseph's Community 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 2023.
- Investment Income: $638,633
- Gross Receipts: $8,799,908
Assets and Liabilities:
- Total Assets: $21,771,634
- Total Liabilities: $604,585
- Net Assets: $21,167,049
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Organization Details
Founding Year
2002
Principal Officer
Ericson Allen
Website
www.froedtert.comNTEE Category
Code: E21 - Health
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