Overview
What is Truman Medical Center Charitable Foundation?
Truman Medical Center Charitable Foundation, operating under the name University Health Foundation, is a nonprofit organization based in Kansas City, Missouri. The foundation serves to collect and manage charitable contributions from various donors, including foundations, corporations, and individuals. This financial support is subsequently distributed to University Health for several purposes, such as enhancing patient care, purchasing necessary equipment, funding renovations, and providing support to various hospital departments annually. The organization's primary mission is to contribute to charitable causes within University Health, ultimately aiming to improve healthcare services for the community. The foundation employs a modest workforce of eight individuals.
Official website here: www.uhkcgiving.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Truman Medical Center Charitable Foundation has achieved a remarkable score of 97% from Charity Navigator, reflecting its strong commitment to accountability and finance. The rating is based solely on its accountability metrics, indicating stellar practices in financial management. The foundation boasts a fully independent board, which enhances its governance credibility.
The organization demonstrates impressive financial health, with a program expense ratio of 79.88%, ensuring that the majority of its funds are directed towards its charitable initiatives. Furthermore, its fundraising efficiency is commendable, with only $0.09 spent to raise each dollar, signaling effective fundraising strategies. The foundation's low liabilities to assets ratio of 9.53% further illustrates its solid financial standing.
One notable strength of the foundation is its comprehensive policies and practices, including conflict of interest and whistleblower policies, which are all clearly listed and adhered to. With no material diversion of assets reported, the organization exhibits transparency and integrity in its operations. Overall, Truman Medical Center Charitable Foundation appears to be a well-managed nonprofit with a strong focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Truman Medical Center Charitable Foundation legitimate?
Truman Medical Center Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truman Medical Center Charitable 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: $296,638
Professional Fundraising Fees: $313,849
Other Salaries and Wages: $238,438
For more financial information, click here
Official website here: www.uhkcgiving.org/
What is the mission statement of Truman Medical Center Charitable Foundation?
The Truman Medical Center Charitable Foundation's primary purpose is to gather and manage contributions on behalf of University Health. Its mission is to distribute these funds for charitable purposes, aiming to enhance patient care, provide necessary equipment, finance renovations, and offer program support to various departments within the hospital annually. The foundation relies on contributions from foundations, corporations, and individual donors to fulfill its objectives.
Official website here: www.uhkcgiving.org/
Who is the CEO of Truman Medical Center Charitable Foundation?
Emily Parish is the Executive Director of Truman Medical Center Charitable Foundation.
Official website here: www.uhkcgiving.org/
What is the revenue of Truman Medical Center Charitable Foundation?
Truman Medical Center Charitable Foundation's revenue in 2022 was $3,798,231.
Official website here: www.uhkcgiving.org/
Who are the executives of Truman Medical Center Charitable Foundation and what are their salaries?
The average compensation at Truman Medical Center Charitable Foundation during 2022 was $66,884. There are 8 employees and 22 volunteers at Truman Medical Center Charitable Foundation.
Here are 23 key members and their salaries:
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Official website here: www.uhkcgiving.org/
Where can I find the form 990 for Truman Medical Center Charitable Foundation?
Truman Medical Center Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uhkcgiving.org/
Learn more at the official website: www.uhkcgiving.org/
Mission Statement of Truman Medical Center Charitable Foundation
Truman Medical Center Charitable Foundation, in its mission, is organized to accept, hold, and administer contributions on behalf of University Health. Its primary purpose is to distribute these funds for charitable purposes. The foundation serves as a conduit for receiving donations from foundations, corporations, and individual donors. The contributions received by Truman Medical Center Charitable Foundation are then distributed to University Health with the aim of improving patient care, providing capital equipment, funding renovations, and offering program support to various departments within the hospital annually. By doing so, the foundation significantly contributes to enhancing the quality of healthcare services provided by University Health.
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Impact
July, 2024
Truman Medical Center Charitable Foundation has a significant impact on improving patient care by providing crucial support for University Health. Through the distribution of contributions from various sources, including foundations, corporations, and individual donors, the foundation helps fund capital equipment, renovations, and program support for different departments of the hospital each year. This support plays a vital role in enhancing the quality of care and services provided by University Health, ultimately benefiting patients and the community in Kansas City, Missouri.
This information is meant to be a general summary of Truman Medical Center Charitable 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 2022.
- Investment Income: $824,485
- Program Service Revenue: $280,116
- Gross Receipts: $11,949,290
Assets and Liabilities:
- Total Assets: $14,721,030
- Total Liabilities: $623,251
- Net Assets: $14,097,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$280,116
Organization Details
Founding Year
1979
Phone
(816) 404-3430Principal Officer
Emily Parish
Main Address
2310 HOLMES STREET STE 735, KANSAS CITY, MO, 64108
Website
www.uhkcgiving.org/NTEE Category
Code: E110 - Health
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