Overview
What is Hennepin Health Foundation?
Hennepin Health Foundation is a nonprofit organization dedicated to philanthropic support for Hennepin Healthcare System, Minnesota's largest public safety net and academic medical center. Based in Minneapolis, MN, the foundation empowers and provides comfort to over 4,000 patients and their families daily. Donations to the foundation contribute to removing barriers to healthcare access, maximizing technology for healthier outcomes, and launching innovations that enable patients and their families to take charge of their healthcare. Hennepin Healthcare, with its hospital and clinics, delivers more than 93,000 emergency and urgent care visits and approximately 662,000 clinic visits each year. Hennepin Health Foundation's mission aligns with Hennepin Healthcare's, ensuring access to outstanding care for everyone while improving health and wellness through teaching, patient and community education, and research. The foundation extends care beyond the walls of Hennepin Healthcare's clinics and hospitals by supporting the delivery of healthcare in shelters, private homes, schools, businesses, and community centers, addressing specific populations or diseases and offering services such as appointment transportation, access to clothing and food, assistance with medical equipment, lodging for out-of-town families, and enhanced services for youth, the LGBTQ communities, mother-baby, those in county jail, and the homeless.
Official website here: www.hennepinhealthcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Hennepin Health Foundation has achieved an exceptional rating of 100% from Charity Navigator, indicating strong performance in accountability and finance. This rating is based solely on a comprehensive evaluation of the organization’s financial health and governance practices. The foundation maintains a majority of independent board members, which enhances its decision-making processes and transparency.
The foundation excels in various financial metrics, including a low liabilities-to-assets ratio of 2.87% and a program expense ratio of 75.06%. These figures reflect efficient use of resources, ensuring that a significant portion of funds is directed toward programs rather than administrative costs. Additionally, the organization has robust policies in place for conflict of interest, whistleblower protection, and document retention, further reinforcing its commitment to ethical practices.
Despite its strengths, the summary does not mention any areas for improvement or limitations, highlighting the foundation's overall effectiveness and reliability as a nonprofit organization. This strong rating underscores Hennepin Health Foundation's dedication to operational excellence and its mission to serve the community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Hennepin Health Foundation legitimate?
Hennepin Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hennepin Health 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: $376,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,143,208
For more financial information, click here
Official website here: www.hennepinhealthcare.org
What is the mission statement of Hennepin Health Foundation?
The Hennepin Health Foundation supports the mission of Hennepin Healthcare System, Inc. by raising and administering philanthropic funds. They partner with their community, patients, and their families to ensure access to excellent care for everyone, while improving health and wellness through teaching, patient and community education, and research. Donations empower patients during uncertain times by removing barriers to healthcare access, maximizing technology for healthier outcomes, and launching innovations that enable patients and their families to take charge of their healthcare. The foundation is dedicated to enhancing the health of the community, with a focus on specific populations and diseases. Hennepin Healthcare has initiatives underway to extend care beyond the walls of their clinics and hospitals, including support for appointment transportation, access to clothing and food, assistance with medical equipment, lodging for out-of-town families, and enhanced services for vulnerable populations.
Official website here: www.hennepinhealthcare.org
What is the revenue of Hennepin Health Foundation?
Hennepin Health Foundation's revenue in 2023 was $16,663,231.
Official website here: www.hennepinhealthcare.org
Who are the executives of Hennepin Health Foundation and what are their salaries?
There 80 volunteers at Hennepin Health Foundation.
Here are 30 key members and their salaries:
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- Other: $58,467
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- Other: $48,636
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- Related: $357,508
- Other: $58,467
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- Related: $195,053
- Other: $29,524
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- Related: $160,717
- Other: $20,046
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- Related: $125,202
- Other: $27,657
- Compensation: $0
- Related: $159,311
- Other: $19,405
- Compensation: $0
- Related: $118,211
- Other: $17,012
Official website here: www.hennepinhealthcare.org
Where can I find the form 990 for Hennepin Health Foundation?
Hennepin Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hennepinhealthcare.org
Learn more at the official website: www.hennepinhealthcare.org
Mission Statement of Hennepin Health Foundation
Hennepin Health Foundation, a philanthropic organization, plays a pivotal role in supporting Hennepin Healthcare System, Inc. (HHS), Minnesota's largest public safety net and academic medical center. By raising and administering funds, the Foundation contributes significantly to HHS's mission of ensuring access to excellent care for everyone, while promoting health and wellness through education, teaching, and research.
Hennepin Health Foundation's efforts are geared towards empowering Hennepin Healthcare System to address the diverse healthcare needs of its patient population. Donations to the Foundation enable the removal of barriers to healthcare access, the maximization of technology to improve health outcomes, and the launch of innovations that put patients and their families in control of their healthcare. The potential for improving community health is immense, with Hennepin Healthcare pursuing targeted initiatives for specific populations or diseases.
Beyond the walls of its clinics and hospitals, Hennepin Healthcare extends its reach through partnerships with organizations like MVNA and Hospice of the Twin Cities. Donors can support the delivery of healthcare in various settings, such as shelters, private homes, schools, businesses, and community centers. Examples of this expanded support include funding for appointment transportation, access to clothing and food, assistance with medical equipment, lodging for out-of-town families, and enhanced services for youth, the LGBTQ communities, mother-baby, those in county jail, and the homeless. In essence, Hennepin Health Foundation's philanthropic support fuels Hennepin Healthcare's commitment to providing equitable and comprehensive healthcare services for all.
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Impact
October, 2024
Hennepin Health Foundation has a significant impact on the health and well-being of communities in Minnesota. By raising and administering philanthropic support for the Hennepin Healthcare System, it directly enhances the care provided at the largest public safety net and academic medical center in the state, which serves over 93,000 emergency and urgent care visits and approximately 662,000 clinic visits annually.
The foundation empowers patients and their families through various support initiatives that tackle urgent health needs and remove barriers to healthcare access. Donations fund critical programs that maximize technology and foster innovations in patient care, ultimately leading to better health outcomes.
Focused on extending care beyond traditional settings, the foundation enables healthcare delivery in diverse environments such as shelters, schools, and community centers. This includes initiatives like transportation for appointments, access to essential resources like clothing and food, and enhanced services for vulnerable populations including youth, the LGBTQ community, those in county jail, and the homeless.
By working to improve health resources and education in collaboration with the community, Hennepin Health Foundation makes strides in ensuring that all individuals have access to outstanding care and support, thus contributing to the overall health and wellness of the community it serves.
This information is meant to be a general summary of Hennepin Health 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 2023.
- Investment Income: $939,017
- Program Service Revenue: $497,944
- Gross Receipts: $16,819,366
Assets and Liabilities:
- Total Assets: $34,435,558
- Total Liabilities: $1,225,971
- Net Assets: $33,209,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$384,238
COMMISSIONS
Revenue
$113,706
Organization Details
Founding Year
1958
Principal Officer
Theresa Pesch Rn
Website
www.hennepinhealthcare.orgNTEE Category
Code: E11 - Health
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