Overview
What is Faribault Area Hospice Foundation?
The Faribault Area Hospice Foundation is a charitable organization based in Faribault, Minnesota. Its primary mission is to enhance the quality of life for patients and their loved ones within the District One Hospital area. To achieve this goal, the foundation distributes funds to eligible charities that share its exempt purpose. The foundation's activities center around providing financial support to uphold and advance the Faribault Area Hospice Foundation's objective of delivering comfort care, assistance, and compassion to patients and their families.
Official website here: www.faribaultareahospicefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Faribault Area Hospice Foundation has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from its accountability and finance beacon, showcasing the organization's commitment to transparency and responsible financial management.
One of the foundation's notable strengths is its fully independent board, with ten out of ten board members meeting this criterion. Additionally, there are no reported material diversions of assets, and the organization demonstrates high program expense ratios at 97.58%, ensuring that the majority of its funds are directed toward its mission. The foundation has also effectively maintained policies related to conflict of interest and financial documentation.
However, there are some areas for improvement, notably the absence of a whistleblower policy and a document retention and destruction policy, which were both missing from their records. While these omissions are critical to transparency, the overall accountability and financial health of the foundation remain strong, reflecting its dedication to serving the community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Faribault Area Hospice Foundation legitimate?
Faribault Area Hospice Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faribault Area Hospice 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:
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Official website here: www.faribaultareahospicefoundation.org
What is the mission statement of Faribault Area Hospice Foundation?
The Faribault Area Hospice Foundation's mission is centered around enhancing the quality of life for patients and their loved ones. The organization strives to achieve this goal by providing comfort care, support, and compassion within its specified district. In addition to its direct efforts, the foundation also supports other public charities that align with its exempt purpose of improving patient care and quality of life. Through these activities, the Faribault Area Hospice Foundation aims to make a significant impact in the lives of those dealing with health challenges.
Official website here: www.faribaultareahospicefoundation.org
What is the revenue of Faribault Area Hospice Foundation?
Faribault Area Hospice Foundation's revenue in 2023 was $48,682.
Official website here: www.faribaultareahospicefoundation.org
Who are the executives of Faribault Area Hospice Foundation and what are their salaries?
There 25 volunteers at Faribault Area Hospice Foundation.
Here are 12 key members and their salaries:
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Official website here: www.faribaultareahospicefoundation.org
Where can I find the form 990 for Faribault Area Hospice Foundation?
Faribault Area Hospice Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.faribaultareahospicefoundation.org
Learn more at the official website: www.faribaultareahospicefoundation.org
Mission Statement of Faribault Area Hospice Foundation
The Faribault Area Hospice Foundation, a nonprofit organization, is dedicated to enhancing the quality of life for patients and their loved ones within its district. Its mission is centered around providing financial support to eligible public charities, with the ultimate goal of expanding and improving the scope and quality of hospice care, comfort, and compassionate support. By doing so, the foundation aims to improve the overall living experiences of both patients and their families within the community. The organization's vision is to uphold its mission through its distributions, ultimately contributing to the betterment of the Faribault Area Hospice Foundation's mission to improve the lives of those in need.
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Impact
August, 2024
Faribault Area Hospice Foundation's impact is significant in improving the quality of life for patients and their loved ones in the District One Hospital area. The foundation provides comfort care, support, and compassion to enhance the scope and quality of life for those in need. Additionally, the foundation makes distributions to organizations that support its mission, further extending its reach and support to the community. Through their efforts, Faribault Area Hospice Foundation plays a crucial role in providing financial assistance and emotional care to those facing challenging times in the Faribault area.
This information is meant to be a general summary of Faribault Area Hospice 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 2023.
- Investment Income: $27,906
- Gross Receipts: $48,682
Assets and Liabilities:
- Total Assets: $833,499
- Total Liabilities: $0
- Net Assets: $833,499
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Organization Details
Founding Year
2014
Principal Officer
Calista Vos
NTEE Category
Code: E86 - Health
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