Overview
What is Liberty Hospital Foundation?
The Liberty Hospital Foundation, situated in Liberty, Missouri, is a nonprofit organization dedicated to supporting the Liberty Hospital community. With a team of four dedicated individuals, the foundation's mission is to enhance health, education, wellness, and care by funding projects that positively impact patients, employees, and the surrounding area. Since 2005, the foundation has provided a unique service through the TreeHouse at Liberty Hospital, offering comfortable and peaceful lodging for over 45,000 patients and their families, regardless of their ability to pay. Guided by the hospital's strategic plan, the foundation raises funds and meticulously manages endowed funds to fulfill its mission.
Official website here: www.libertyhospitalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Liberty Hospital Foundation has achieved a Three-Star rating, reflecting an overall score of 82%. This rating is indicative of a strong commitment to accountability and financial transparency, with an impressive 100% of its board members being independent. Additionally, the foundation scores well on financial oversight and governance practices, such as maintaining a whistleblower policy and ensuring document transparency, which contribute positively to its reputation.
While the foundation demonstrates substantial strengths in governance and financial management, its Program Expense Ratio is relatively low at 55.85%. This ratio suggests that a smaller portion of its expenses is directed towards programs compared to administrative costs, which may raise questions about the efficiency of fund utilization. However, the organization is actively working on implementing equity practices, indicating a focus on improving its outreach and impact.
Overall, the Liberty Hospital Foundation showcases a solid foundation of accountability and independent governance, which is essential for building donor trust and community engagement. Stakeholders may want to monitor its program expenses and the impact of its equity initiatives moving forward to ensure that it maximizes the effectiveness of its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Liberty Hospital Foundation legitimate?
Liberty Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Hospital 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: $68,288
Professional Fundraising Fees: $65,000
Other Salaries and Wages: $259,057
For more financial information, click here
Official website here: www.libertyhospitalfoundation.org
What is the mission statement of Liberty Hospital Foundation?
The Liberty Hospital Foundation, guided by the hospital's strategic plan, endeavors to financially support the Liberty Hospital by funding projects that positively impact patients and employees. This is achieved by identifying and developing projects, raising funds for their execution, and managing the endowed funds entrusted to the foundation. The foundation's mission is to enhance health, education, wellness, and care within the hospital community by creating, funding, and promoting relevant programs. One such program is the Treehouse at Liberty Hospital, which has provided comfortable lodging to over 45,000 patients and their families since 2005, regardless of their ability to pay, thanks to individual donors' ongoing generosity.
Official website here: www.libertyhospitalfoundation.org
Who is the CEO of Liberty Hospital Foundation?
Michael C Russell is the Board Member of Liberty Hospital Foundation.
Official website here: www.libertyhospitalfoundation.org
What is the revenue of Liberty Hospital Foundation?
Liberty Hospital Foundation's revenue in 2022 was $1,188,768.
Official website here: www.libertyhospitalfoundation.org
Who are the executives of Liberty Hospital Foundation and what are their salaries?
The average compensation at Liberty Hospital Foundation during 2022 was $81,836. There are 4 employees and 650 volunteers at Liberty Hospital Foundation.
Here are 19 key members and their salaries:
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Official website here: www.libertyhospitalfoundation.org
Where can I find the form 990 for Liberty Hospital Foundation?
Liberty Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.libertyhospitalfoundation.org
Learn more at the official website: www.libertyhospitalfoundation.org
Mission Statement of Liberty Hospital Foundation
Liberty Hospital Foundation, guided by the hospital's strategic plan, dedicates its mission to providing financial support to Liberty Hospital. This support is aimed at funding programs that will positively impact patients, employees, and ultimately, the community and region. The foundation achieves this by identifying and developing projects, raising funds for these projects, and meticulously managing the endowed funds entrusted to them.
In essence, Liberty Hospital Foundation's mission is to uplift the Liberty Hospital community by creating, funding, and promoting programs that enhance health, education, wellness, and care. One of their notable initiatives is the Treehouse at Liberty Hospital, a unique hospitality house that has been providing comfortable and peaceful lodging for over 45,000 patients and families since 2005. This ongoing generosity from individual donors enables the Treehouse to continue offering its services, regardless of a guest's ability to pay. This commitment to supporting the hospital community is a testament to Liberty Hospital Foundation's enduring mission.
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Impact
July, 2024
The Liberty Hospital Foundation plays a vital role in the community by providing financial support to Liberty Hospital. Through funding programs that positively impact patients and employees, the Foundation's efforts have a ripple effect on the community and the region. One notable initiative is the Treehouse at Liberty Hospital, a unique hospitality house that has accommodated over 45,000 patients and families since 2005. This ongoing project, made possible by the generosity of individual donors, offers comfortable lodging near the hospital to those in need, regardless of their ability to pay. The Foundation's commitment to supporting health, education, wellness, and care within the Liberty Hospital community showcases its meaningful impact and dedication to philanthropy.
This information is meant to be a general summary of Liberty Hospital 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: $390,553
- Gross Receipts: $2,413,529
Assets and Liabilities:
- Total Assets: $6,701,890
- Total Liabilities: $133,476
- Net Assets: $6,568,414
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Organization Details
Founding Year
1984
Phone
(816) 792-7014Principal Officer
Michael C Russell
Main Address
2525 GLEN HENDREN DRIVE, LIBERTY, MO, 64069
NTEE Category
Code: T30 - Philanthropy
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