Overview
What is Trinity Health Foundation?
Trinity Health Foundation is a nonprofit organization based in Fort Dodge, Iowa, specifically located at 802 Kenyon Rd. Its primary purpose is to support and strengthen Trinity Regional Medical Center, enhancing its facilities and services while extending healthcare opportunities in the surrounding area. The foundation accomplishes this by raising funds, investing the proceeds, and providing various types of grants and allocations. These services may include contributing to equipment purchases, offering scholarships and lectures, supporting local rural health communities, and making miscellaneous grants to organizations associated with Trinity Regional Medical Center. Trinity Health Foundation's mission aligns with that of Trinity Health Systems, Inc., aiming to improve the community's health.
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What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Trinity Health Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting exceptional performance in accountability and finance. The organization scored a perfect 100% in its Accountability & Finance metrics, which signifies a high level of transparency and effective governance practices. Key strengths include having an entirely independent board, robust financial statements, and no issues related to asset diversion.
The foundation demonstrates strong fiscal responsibility with a program expense ratio of 70.31%, indicating that a significant portion of its resources is directed towards fulfilling its mission. Additionally, the low fundraising efficiency ratio of $0.11 highlights the organization's effectiveness in raising funds relative to its operational costs. With a working capital ratio of 14.71 years, the foundation maintains a healthy financial position, ensuring it has ample resources to support its initiatives.
While the data showcases numerous strengths, it is essential for potential donors and stakeholders to recognize that this rating focuses solely on financial and accountability aspects. There may be other qualitative factors worth considering, such as the impact of its programs and community engagement, which could provide a more comprehensive understanding of the foundation's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Trinity Health Foundation legitimate?
Trinity Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity 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: $0
Professional Fundraising Fees: $76,776
Other Salaries and Wages: $248,411
For more financial information, click here
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What is the mission statement of Trinity Health Foundation?
The Trinity Health Foundation serves to support the mission of Trinity Health Systems, which is to improve community health. As a non-profit organization, its primary goal is to provide funding to Trinity Health Systems to enhance patient care and services. The foundation raises funds to maintain, develop, increase, and extend the facilities and services of Trinity Regional Medical Center and other related healthcare institutions. Through grants, allocations, and program support, the foundation contributes to equipment purchases, scholarships, local rural health communities, and various organizations associated with Trinity Regional Medical Center, thereby extending healthcare opportunities to a wider community.
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Who is the CEO of Trinity Health Foundation?
Leah Glasgo is the CEO of Trinity Health Foundation The CEO's salary of Trinity Health Foundation is $0 and their total compensation is $981,003.
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What is the revenue of Trinity Health Foundation?
Trinity Health Foundation's revenue in 2023 was $2,244,043.
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Who are the executives of Trinity Health Foundation and what are their salaries?
There 11 volunteers at Trinity Health Foundation.
Here are 14 key members and their salaries (Trinity Health Foundation's CEO's salary is $0 and their total compensation is $981,003):
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- Related: $886,332
- Other: $94,671
- Compensation: $0
- Related: $283,879
- Other: $41,604
- Compensation: $0
- Related: $278,145
- Other: $0
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Where can I find the form 990 for Trinity Health Foundation?
Trinity Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
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Mission Statement of Trinity Health Foundation
Trinity Health Foundation, a nonprofit organization, is committed to supporting Trinity Health Systems' mission of improving community health. The foundation's primary goal is to provide funding to enhance patient care and services within the health system. By raising funds, the foundation aims to maintain, develop, increase, and extend the facilities and services at Trinity Regional Medical Center in Fort Dodge, Iowa, and provide broader hospital, medical, and educational service opportunities to its patients, students, staff, faculty, and residents. The foundation achieves this by offering grant, allocation, and program support services. These services may include contributing to equipment purchases, offsetting operating expenses, and offering scholarships and lectureships to individuals associated with Trinity Regional Medical Center. The foundation also extends its support to local rural health communities associated with the medical center and makes miscellaneous grants and contributions to organizations and individuals associated with Trinity Regional Medical Center.
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Impact
July, 2024
Trinity Health Foundation's impact is focused on supporting Trinity Health Systems' mission of improving the community's health. By raising funds to maintain, develop, and extend the facilities and services of Trinity Regional Medical Center in Fort Dodge, Iowa, the foundation provides broader hospital, medical, and educational service opportunities to patients, students, staff, faculty, and residents in the area it serves. Through grants, allocations, and program support, Trinity Health Foundation contributes to equipment purchases, offsets operating expenses, provides scholarships, awards lectureships, and grants to local rural health communities associated with Trinity Regional Medical Center. This philanthropic organization plays a vital role in advancing healthcare and wellness initiatives within its community.
This information is meant to be a general summary of Trinity 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: $977,395
- Gross Receipts: $2,992,466
Assets and Liabilities:
- Total Assets: $30,452,215
- Total Liabilities: $416,333
- Net Assets: $30,035,882
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Organization Details
Founding Year
1983
Principal Officer
Leah Glasgo
Website
www.unitypoint.orgseeschoNTEE Category
Code: T30 - Philanthropy
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