Overview
What is University Of Virginia Health Foundation?
The University of Virginia Health Foundation is a charitable organization located in Charlottesville, Virginia, with a mission to support and advance education, research, and patient care at the University of Virginia Health System. Their key areas of focus include funding for cancer, children's health, neurosciences, diabetes, heart, and the Schools of Nursing and Medicine. By investing in research and patient care improvements, and fostering knowledge dissemination, the University of Virginia Health Foundation contributes to the University of Virginia's commitment to enhancing healthcare and medical knowledge.
Official website here: www.uvahealthfoundation.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator.
The University of Virginia Health Foundation has achieved a remarkable Four-Star out of Four Star rating, indicating strong performance in accountability and finance. The organization scored an impressive 97% in this area, reflecting its commitment to transparency and sound financial management. Such a high rating is significant as it suggests that donors can trust the foundation to use their contributions effectively.
Key strengths of the foundation include a fully independent board, meticulous financial oversight, and robust policies for conflict of interest and whistleblower protections. The foundation demonstrates a high program expense ratio of 98.54%, indicating that a large majority of its resources are allocated directly to its programs rather than administrative costs. Additionally, the foundation maintains a low liabilities to assets ratio, showcasing its financial stability.
However, one area noted for improvement is the fundraising efficiency ratio, which stands at $0.002. This suggests that the organization may face challenges in raising funds relative to the expenses incurred for fundraising activities. Overall, the foundation's strong financial practices and governance provide a solid foundation for its operations, despite the noted limitations in fundraising efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Virginia Health Foundation legitimate?
University Of Virginia Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Virginia 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:
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For more financial information, click here
Official website here: www.uvahealthfoundation.org
What is the mission statement of University Of Virginia Health Foundation?
The University of Virginia Health Foundation strives to support and advance the field of medicine and nursing at the University of Virginia. It aims to accomplish this by funding research and enhancing patient care within the University of Virginia Health System. Additionally, the foundation works to disseminate knowledge about the health system through various means, contributing to its growth and improvement. By backing these initiatives, the University of Virginia Health Foundation plays a significant role in the academic and practical aspects of healthcare education and delivery at the University of Virginia.
Official website here: www.uvahealthfoundation.org
Who is the CEO of University Of Virginia Health Foundation?
Amy S Karr is the Chair of University Of Virginia Health Foundation.
Official website here: www.uvahealthfoundation.org
What is the revenue of University Of Virginia Health Foundation?
University Of Virginia Health Foundation's revenue in 2023 was $13,199,817.
Official website here: www.uvahealthfoundation.org
Who are the executives of University Of Virginia Health Foundation and what are their salaries?
There 428 volunteers at University Of Virginia Health Foundation.
Here are 18 key members and their salaries:
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- Compensation: $54,909
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- Other: $16,125
Official website here: www.uvahealthfoundation.org
Where can I find the form 990 for University Of Virginia Health Foundation?
University Of Virginia Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uvahealthfoundation.org
Learn more at the official website: www.uvahealthfoundation.org
Mission Statement of University Of Virginia Health Foundation
The University of Virginia Health Foundation is a dedicated organization that strives to enhance and support the medical and nursing education at the University of Virginia. This foundation is committed to funding research and making improvements to patient care within the University of Virginia Health System, while fostering the creation and dissemination of knowledge about the health system.
By investing in the academic aspects of the University of Virginia, the foundation enables students to gain a profound understanding of medicine and nursing. Furthermore, the foundation's efforts extend to supporting the University of Virginia Health System, ensuring that the latest research findings are integrated into patient care and that health professionals are equipped with the most advanced knowledge and skills.
The University of Virginia Health Foundation's mission is multifaceted, encompassing both the academic and clinical aspects of healthcare. Its dedication to funding research and enhancing patient care ultimately contributes to the overall growth and development of the healthcare sector. The foundation's focus on knowledge creation and dissemination sets it apart as a vital partner in the ongoing pursuit of advancements in medical science and the delivery of high-quality healthcare services.
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Impact
October, 2024
The University of Virginia Health Foundation significantly enhances the fields of medicine and nursing through targeted support for research, education, and patient care within the University of Virginia Health System. By prioritizing initiatives in areas such as cancer, children’s health, neurosciences, diabetes, heart health, and the schools of nursing and medicine, the foundation plays a critical role in advancing medical knowledge and improving patient outcomes.
The foundation's commitment to funding research initiatives leads to groundbreaking discoveries that can transform treatment protocols and healthcare practices. Moreover, by facilitating educational opportunities for students and professionals in medicine and nursing, it fosters the development of skilled practitioners who are well-equipped to meet the evolving challenges of healthcare.
In addition, the foundation's efforts to improve patient care directly impact the quality of services provided to the community. This multifaceted approach not only strengthens the health system but also enhances the overall well-being of the population it serves, ultimately contributing to a healthier future for individuals and families in Charlottesville and beyond.
This information is meant to be a general summary of University Of Virginia 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: $605,450
- Gross Receipts: $13,549,194
Assets and Liabilities:
- Total Assets: $95,109,192
- Total Liabilities: $166,195
- Net Assets: $94,942,997
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Organization Details
Founding Year
2003
Phone
(434) 924-8432Principal Officer
Amy S Karr
Main Address
P O BOX 800773, CHARLOTTESVILLE, VA, 229080773
Website
www.uvahealthfoundation.orgNTEE Category
Code: B114 - Education
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