Overview
What is The Children's Mercy Hospital Foundation?
The Children's Mercy Hospital Foundation is a nonprofit organization based in Kansas City, Missouri, with the address at 2401 Gillham Road, 64108. Their primary focus involves offering financial support for the endeavors and objectives of The Children's Mercy Hospital. By making contributions and donations, they contribute to enhancing the hospital's capacity to serve and care for children in need.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
The Children's Mercy Hospital Foundation has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score is derived exclusively from the Accountability & Finance beacon, where the organization scored 86%. This reflects a commitment to transparency and responsible management of funds, which is essential for donor trust and effective operational practices.
One of the strengths highlighted is the organization's high percentage of independent board members, with 88% of the board being independent. Additionally, the foundation demonstrates a strong financial position, with an excellent liability to assets ratio of 0.18% and a program expense ratio of 75.86%. This suggests that the majority of funds are directed towards its mission rather than administrative costs, which is a positive indicator for potential donors.
While the foundation has performed well in various aspects of accountability and finance, maintaining this level of performance will be crucial for future growth and donor engagement. Overall, the Children's Mercy Hospital Foundation stands out as a responsible nonprofit organization with a commitment to high standards in governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is The Children's Mercy Hospital Foundation legitimate?
The Children's Mercy Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Children's Mercy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Children's Mercy Hospital Foundation?
The Children's Mercy Hospital Foundation is dedicated to backing the initiatives and objectives of The Children's Mercy Hospital. Its mission is geared towards fostering the hospital's mission and various activities. The foundation raises funds to contribute to the hospital's causes, with a focus on ensuring the hospital can continue delivering top-notch healthcare services to children. Through financial support, the foundation enables the hospital to invest in research, acquire essential resources, and extend its reach to more families in need. By providing resources and fostering partnerships, the foundation plays a crucial role in enhancing the hospital's capacity to fulfill its mission and make a difference in children's lives.
Who is the CEO of The Children's Mercy Hospital Foundation?
Hunter Wolbach is the Board Member of The Children's Mercy Hospital Foundation.
What is the revenue of The Children's Mercy Hospital Foundation?
The Children's Mercy Hospital Foundation's revenue in 2022 was $26,016,813.
Who are the executives of The Children's Mercy Hospital Foundation and what are their salaries?
There 11 volunteers at The Children's Mercy Hospital Foundation.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $1,565,976
- Other: $42,657
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- Related: $62,363
- Other: $12,231
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- Other: $0
Where can I find the form 990 for The Children's Mercy Hospital Foundation?
The Children's Mercy Hospital Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Children's Mercy Hospital Foundation
The Children's Mercy Hospital Foundation is a charitable organization dedicated to backing the crucial endeavors and objectives of The Children's Mercy Hospital. This foundation plays a pivotal role in ensuring the hospital's mission continues to thrive. By making payments to support the hospital, the Children's Mercy Hospital Foundation bolsters its ability to care for children and make a difference in their lives.
In essence, the foundation exists to raise funds that directly contribute to the hospital's activities and initiatives, enhancing its capacity to deliver top-notch healthcare services. Through the foundation's efforts, The Children's Mercy Hospital can continue to provide exceptional medical care and support for children in need.
The Children's Mercy Hospital Foundation is an essential partner in the hospital's quest to create a healthier future for children. Its unwavering commitment to the hospital's cause helps ensure that children receive the care they deserve, regardless of their financial situation or other challenges they might face. By supporting the hospital's mission, the foundation makes a significant impact on the lives of countless children and their families.
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Impact
October, 2024
The Children's Mercy Hospital Foundation significantly impacts the health and well-being of children by providing essential support for the activities and mission of The Children's Mercy Hospital in Kansas City, MO. Through its financial contributions, the Foundation enhances patient care, facilitates medical research, and promotes innovative treatment programs. This support enables the hospital to offer cutting-edge healthcare services, ensuring that children receive the best possible medical attention in a compassionate environment. The Foundation's commitment to the hospital directly contributes to improved health outcomes for children in the community, making a lasting difference in their lives and the lives of their families.
This information is meant to be a general summary of The Children's Mercy 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: $21,048,373
- Gross Receipts: $78,266,620
Assets and Liabilities:
- Total Assets: $255,211,951
- Total Liabilities: $346,538
- Net Assets: $254,865,413
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Organization Details
Founding Year
1990
Phone
(816) 234-3000Principal Officer
Hunter Wolbach
Main Address
2401 Gillham Road, Kansas City, MO, 64108
NTEE Category
Code: E110 - Health
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