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The Pelzman Foundation For Healthcare Innovationinc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472459747 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Pelzman Foundation For Healthcare Innovationinc?

The Pelzman Foundation for Healthcare Innovationinc is a nonprofit organization that is committed to supporting healthcare researchers and clinicians in their pursuit of innovation. Their mission revolves around stimulating advancements in primary care for individual patients and populations. Normally, they offer programs to achieve this goal. However, due to the ongoing COVID-19 pandemic, they currently do not have any active programs in place. The foundation's work aims to foster innovation within the primary healthcare sector, ultimately benefiting both individuals and populations.


Official website here: www.pelzman foundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)

The Pelzman Foundation For Healthcare Innovationinc has received a low rating of 36% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. This rating is derived solely from a single beacon score that emphasizes the importance of transparency and financial health in nonprofit operations. While the organization boasts a fully independent board, which is a positive aspect, it lacks essential policies that are critical for maintaining accountability.

Several potential weaknesses have been highlighted, notably the absence of conflict of interest and whistleblower policies, as well as a document retention policy. These gaps can undermine trust and transparency within the organization. Furthermore, the foundation's program expense ratio stands at only 21.67%, suggesting that a limited portion of its resources is directed towards its programs, which may raise questions about its effectiveness.

While the foundation demonstrates good governance through independent board oversight, the missing policies and low program expense ratio indicate areas for improvement that could enhance its accountability and overall performance. Stakeholders may want to consider these factors when evaluating their support or engagement with the organization.


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

Is The Pelzman Foundation For Healthcare Innovationinc legitimate?

The Pelzman Foundation For Healthcare Innovationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pelzman Foundation For Healthcare Innovationinc 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


Official website here: www.pelzman foundation.org

What is the mission statement of The Pelzman Foundation For Healthcare Innovationinc?

The Pelzman Foundation for Healthcare Innovationinc is committed to supporting healthcare researchers and clinicians in their pursuit of stimulating innovation within primary care. Their mission involves funding projects and programs aimed at enhancing the care provided to individual patients and populations. Despite the current circumstances due to Covid-19, they usually offer such programs to foster advancements in primary care.


Official website here: www.pelzman foundation.org

Who is the CEO of The Pelzman Foundation For Healthcare Innovationinc?

Fred Pelzman is the President of The Pelzman Foundation For Healthcare Innovationinc.


Official website here: www.pelzman foundation.org

What is the revenue of The Pelzman Foundation For Healthcare Innovationinc?

The Pelzman Foundation For Healthcare Innovationinc's revenue in 2022 was $60,881.


Official website here: www.pelzman foundation.org

Who are the executives of The Pelzman Foundation For Healthcare Innovationinc and what are their salaries?


Here are 4 key members and their salaries:


Fred Pelzman (President)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Kevin Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Mc Cormick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hayes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pelzman foundation.org

Where can I find the form 990 for The Pelzman Foundation For Healthcare Innovationinc?

The Pelzman Foundation For Healthcare Innovationinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pelzman foundation.org

Learn more at the official website: www.pelzman foundation.org

Mission Statement of The Pelzman Foundation For Healthcare Innovationinc

The Pelzman Foundation for Healthcare Innovationinc is committed to supporting healthcare researchers and clinicians who are driven to stimulate innovation in the primary care of individual patients and populations. This nonprofit organization's mission is centered around fostering projects and programs that encourage novel approaches in primary care, aiming to improve the health outcomes of various individuals and communities. By backing these initiatives, The Pelzman Foundation for Healthcare Innovationinc seeks to contribute to the advancement of primary care, ultimately enhancing the overall health of society.

Although the foundation typically offers programs to further its mission, this year, due to the ongoing Covid-19 pandemic, they have put these initiatives on hold. Despite this temporary pause, The Pelzman Foundation for Healthcare Innovationinc remains steadfast in its commitment to supporting the innovative work of healthcare researchers and clinicians, as they continue to contribute to the evolution of primary care. The organization's mission remains a vital force in the healthcare sector, championing the development of groundbreaking solutions that can improve the quality of care delivered to patients and populations.

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Impact




August, 2024

The Pelzman Foundation For Healthcare Innovationinc supports healthcare researchers and clinicians in stimulating innovation in primary care for individuals and populations. They provide funding and resources to support projects and programs that aim to improve healthcare delivery and outcomes. Their impact is seen through the innovative solutions and advancements in primary care that are developed as a result of their support.




This information is meant to be a general summary of The Pelzman Foundation For Healthcare Innovationinc. 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.

Revenue
$60,881 (2022)
Expenses
$63,133 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $39
  • Gross Receipts: $60,881

Assets and Liabilities:

  • Total Assets: $407,232
  • Total Liabilities: $0
  • Net Assets: $407,232

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Organization Details

Founding Year

2014

Principal Officer

Fred Pelzman

Main Address

C/O BRADLEY 55 WEST 39TH STREET 17, NEW YORK, NY, 10018

NTEE Category

Code: P12 - Human services

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