Overview
What is Colorado Springs Health Foundation?
Colorado Springs Health Foundation is a nonprofit organization situated in Colorado Springs, Colorado. With a workforce of just two dedicated individuals, the foundation aims to address immediate healthcare needs and promote healthy living through grant provision. In 2022, it awarded a significant grant sum of $6.46 million to further its mission.
Official website here: www.cshf.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Colorado Springs Health Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The foundation's score is solely based on its strong performance in the Accountability & Finance category, showcasing prudent management of resources and adherence to best practices in governance.
Among its strengths, the foundation boasts a fully independent board, with all members meeting the criteria for independence, contributing to transparent decision-making. Furthermore, the organization has a solid financial oversight framework, as evidenced by its comprehensive audit and adherence to policies regarding conflicts of interest and whistleblower protections.
However, while the financial ratios indicate a healthy balance and a significant portion of expenses directed towards programs, ongoing transparency and communication regarding program impact may enhance the foundation's overall effectiveness in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Springs Health Foundation legitimate?
Colorado Springs Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Springs 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: $177,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,851
For more financial information, click here
Official website here: www.cshf.net
What is the mission statement of Colorado Springs Health Foundation?
The Colorado Springs Health Foundation focuses on providing grants to address immediate healthcare needs and encourage healthy living. This mission was realized through the allocation of $6.46 million in grants during the year 2022. The foundation's commitment extends beyond just providing financial assistance, as it also actively encourages healthy lifestyles for the communities it serves. By granting funds, the organization aims to alleviate pressing healthcare concerns while promoting long-term wellness. The grants awarded by the Colorado Springs Health Foundation contribute to improving access to necessary healthcare services and fostering healthier living conditions for individuals in need.
Official website here: www.cshf.net
Who is the CEO of Colorado Springs Health Foundation?
Caroline T Davis is the Executive Director of Colorado Springs Health Foundation.
Official website here: www.cshf.net
What is the revenue of Colorado Springs Health Foundation?
Colorado Springs Health Foundation's revenue in 2022 was $14,434,790.
Official website here: www.cshf.net
Who are the executives of Colorado Springs Health Foundation and what are their salaries?
The average compensation at Colorado Springs Health Foundation during 2022 was $145,390. There are 2 employees and 11 volunteers at Colorado Springs Health Foundation.
Here are 13 key members and their salaries:
- Compensation: $158,331
- Related: $0
- Other: $19,599
- Compensation: $111,143
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- Other: $7,581
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- Other: $0
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- Other: $0
Official website here: www.cshf.net
Where can I find the form 990 for Colorado Springs Health Foundation?
Colorado Springs Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cshf.net
Learn more at the official website: www.cshf.net
Mission Statement of Colorado Springs Health Foundation
The Colorado Springs Health Foundation is a philanthropic organization that focuses on grant-making to address immediate healthcare needs and promote healthy living. With a mission to make a difference in the health sector, the Foundation has allocated significant funds towards this cause. In the year 2022 alone, it granted a substantial sum of $6.46 million to various initiatives that align with its objectives.
The Colorado Springs Health Foundation's grant-making efforts aim to tackle pressing healthcare issues and encourage healthier lifestyle choices. Through its financial support, the organization strives to improve overall wellbeing and enhance access to essential healthcare services. The Foundation's commitment to immediate care needs reflects its understanding of the importance of timely intervention in healthcare issues. Its grants are designed to make a tangible impact on individuals' lives and contribute to the betterment of the community as a whole.
Moreover, the Colorado Springs Health Foundation's mission extends beyond addressing immediate healthcare needs. It also invests in initiatives that encourage healthy living, fostering long-term wellbeing for individuals. By providing grants that promote healthy living, the Foundation seeks to create lasting change and inspire healthier habits throughout the community. In doing so, it is not only addressing current healthcare concerns but also contributing to the prevention of future health issues.
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Impact
October, 2024
Colorado Springs Health Foundation has a significant impact on the community by awarding $6.46 million in grants during 2022. These grants are strategically designed to address immediate healthcare needs and promote healthy living among residents. By targeting essential health initiatives, the foundation plays a crucial role in enhancing the overall well-being of Colorado Springs, fostering a healthier population and encouraging a proactive approach to health and wellness.
This information is meant to be a general summary of Colorado Springs 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 2022.
- Investment Income: $7,230,190
- Gross Receipts: $27,396,587
Assets and Liabilities:
- Total Assets: $155,188,686
- Total Liabilities: $1,265,314
- Net Assets: $153,923,372
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Organization Details
Founding Year
2012
Phone
(719) 985-8989Principal Officer
Caroline T Davis
Main Address
PO BOX 509, COLORADO SPRINGS, CO, 80901
Website
www.cshf.netNTEE Category
Code: T30 - Philanthropy
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