Overview
What is The University Of Missouri - Columbia Medical School Foundation Inc?
The University of Missouri-Columbia Medical School Foundation Inc, located in Columbia, Missouri, is a nonprofit organization dedicated to supporting medical education at the University of Missouri's medical school. Their mission primarily revolves around providing financial assistance through loans, scholarships, and various activities related to medical education and healthcare. The foundation's work is instrumental in advancing medical education in the state of Missouri, specifically at the University of Missouri-Columbia's School of Medicine. Their contributions are vital in nurturing future healthcare professionals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the University of Missouri - Columbia Medical School Foundation Inc demonstrates a reasonable level of accountability and financial health, there is room for improvement to be considered among the higher-rated organizations.
The organization has several strengths, including a fully independent board with 21 members and a strong program expense ratio of 88.30%, reflecting a significant commitment to its mission. Additionally, it has maintained a favorable liabilities to assets ratio of 0.00%, which indicates sound financial management and minimal debt. The foundation also documents its board meeting minutes, promoting transparency in its operations.
However, the overall rating suggests that the foundation's accountability and finance score could be enhanced. While there are no reported material diversions of assets, the foundation may need to focus on improving its practices or overall impact to increase its rating and earn a more favorable reputation among potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The University Of Missouri - Columbia Medical School Foundation Inc legitimate?
The University Of Missouri - Columbia Medical School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of Missouri - Columbia Medical School Foundation Inc 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.
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What is the mission statement of The University Of Missouri - Columbia Medical School Foundation Inc?
The University of Missouri - Columbia Medical School Foundation Inc. is dedicated to advancing medical education. Its primary objective is to support the University of Missouri-Columbia Medical School by providing financial aid in the form of loans and scholarships. The foundation additionally engages in activities and functions related to medical education and healthcare. Its mission is to foster the growth and development of future medical professionals, contributing to the betterment of the healthcare sector.
What is the revenue of The University Of Missouri - Columbia Medical School Foundation Inc?
The University Of Missouri - Columbia Medical School Foundation Inc's revenue in 2024 was $167,775.
Who are the executives of The University Of Missouri - Columbia Medical School Foundation Inc and what are their salaries?
There 3 volunteers at The University Of Missouri - Columbia Medical School Foundation Inc.
Here are 22 key members and their salaries:
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Where can I find the form 990 for The University Of Missouri - Columbia Medical School Foundation Inc?
The University Of Missouri - Columbia Medical School Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The University Of Missouri - Columbia Medical School Foundation Inc
The University of Missouri - Columbia Medical School Foundation Inc, in its mission, strives to promote and advance medical education within the state of Missouri, with a particular focus on the University of Missouri-Columbia Medical School. The foundation achieves this goal by offering various forms of support, including student loans and scholarships, as well as engaging in related activities and functions that contribute to medical education and healthcare-related activities. The organization's primary objective is to foster a conducive environment for medical education, aiming to equip future healthcare professionals with the necessary skills and knowledge to serve their communities effectively.
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Impact
October, 2024
The University of Missouri - Columbia Medical School Foundation Inc significantly enhances medical education and healthcare in Missouri. By providing essential support through student loans, scholarships, and various related initiatives, the foundation enables aspiring medical professionals to pursue their education without overwhelming financial burden. This financial assistance fosters a diverse cohort of healthcare providers who are equipped to meet the needs of their communities.
The foundation's commitment to advancing medical education contributes not only to the personal development of students but also to the overall improvement of healthcare systems in the region. Through its efforts, it ensures that the University of Missouri-Columbia Medical School can continue to attract and nurture talented individuals who are dedicated to serving and improving health outcomes in their communities. This impact reverberates throughout the state, advancing public health and enhancing the quality of medical services available to residents.
This information is meant to be a general summary of The University Of Missouri - Columbia Medical School Foundation Inc. 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 2024.
- Investment Income: $8,954
- Program Service Revenue: $5,149
- Gross Receipts: $167,775
Assets and Liabilities:
- Total Assets: $5,028,187
- Total Liabilities: $0
- Net Assets: $5,028,187
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST-STUDENT LOANS
Revenue
$5,149
Organization Details
Founding Year
1985
Principal Officer
Ted Groshong Md
NTEE Category
Code: B114 - Education
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