Kimball Hospital Foundation

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Kimball Hospital Foundation has received a 76% rating from Charity Navigator, indicating a solid level of accountability and transparency within the organization. The rating is based solely on the Accountability & Finance beacon, reflecting a strong commitment to responsible financial practices. Notably, the foundation boasts a fully independent board with 18 members, contributing to its strong governance score.

Several strengths are highlighted, including a high program expense ratio of 86.90%, which suggests that the majority of its resources are allocated directly to its mission. The foundation has no material diversion of assets, and all necessary documents such as board meeting minutes are appropriately maintained and listed on tax forms. However, the organization faces criticism due to the absence of key policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which could undermine its overall governance.

While the foundation performs well in some areas, the lack of critical policies may raise concerns about its governance practices. Addressing these weaknesses could enhance the foundation's overall score in future assessments and reinforce donor confidence in its operations.

This AI summary has been generated from information found on Charity Navigator.

Kimball Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kimball 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: $103,842
Other Salaries and Wages: $11,484

For more financial information, click here

Official website here: www.kimballhealth.org