Overview
What is Hamilton Memorial Foundation?
Hamilton Memorial Foundation is a nonprofit organization situated in McLeansboro, Illinois. Its primary mission is to raise funds for the benefit of the Hamilton Memorial Hospital District. The foundation achieves this through various donations and fundraising events. Additionally, it strives to strengthen the relationship between the hospital district and the community, raising awareness of the significance of healthcare careers and the need to support the district's efforts to offer scholarships in various healthcare fields to local high school students, employees, and interested parties. To foster a shared understanding, the foundation collaborates with area businesses and the farming community, emphasizing the importance of a rural hospital and the potential for both groups to work together to establish a healthier and safer community.
Official website here: www.hmhospital.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Hamilton Memorial Foundation has achieved a remarkable 97% rating from Charity Navigator, earning a Four-Star designation primarily through its strong accountability and finance metrics. The foundation's overall score is solely based on its performance in this beacon, indicating a solid commitment to financial transparency and responsible governance.
The organization boasts a fully independent board, with 100% of its members being independent, and has implemented effective governance policies, including a conflict of interest policy and a whistleblower policy. Additionally, it has demonstrated excellent fiscal management with a liabilities to assets ratio of 0.00% and an impressive program expense ratio of 100.00%, meaning all of its expenditures are directed toward its programs.
Despite these strengths, the data does not highlight any specific challenges or limitations the foundation may face. Overall, the Hamilton Memorial Foundation exemplifies a strong commitment to ethical practices and effective use of resources, making it a reliable choice for potential donors seeking to support a transparent and impactful nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Hamilton Memorial Foundation legitimate?
Hamilton Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hamilton Memorial 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: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hmhospital.org/foundation
What is the mission statement of Hamilton Memorial Foundation?
The Hamilton Memorial Foundation's mission is to raise funds for the benefit of the local hospital district. This is achieved through various donation and fundraising activities. The foundation also aims to strengthen the relationship between the hospital district and the community, raising awareness of healthcare careers and the importance of funding to support the hospital's efforts. They provide scholarships to high school students, employees, and interested parties in various healthcare careers. The foundation collaborates with local businesses and the farming community to foster an understanding of the need for a rural hospital and to work together towards a healthier and safer community.
Official website here: www.hmhospital.org/foundation
Who is the CEO of Hamilton Memorial Foundation?
Victoria Woodrow is the Ceo of Hamilton Memorial Foundation. The CEO's salary of Hamilton Memorial Foundation is $0 and their total compensation is $112,575.
Official website here: www.hmhospital.org/foundation
What is the revenue of Hamilton Memorial Foundation?
Hamilton Memorial Foundation's revenue in 2022 was $56,869.
Official website here: www.hmhospital.org/foundation
Who are the executives of Hamilton Memorial Foundation and what are their salaries?
There are 3 employees and 9 volunteers at Hamilton Memorial Foundation.
Here are 12 key members and their salaries (Hamilton Memorial Foundation's CEO's salary is $0 and their total compensation is $112,575):
- Compensation: $0
- Related: $110,607
- Other: $1,968
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $84,543
- Other: $1,968
- Compensation: $0
- Related: $19,246
- Other: $888
Official website here: www.hmhospital.org/foundation
Where can I find the form 990 for Hamilton Memorial Foundation?
Hamilton Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hmhospital.org/foundation
Learn more at the official website: www.hmhospital.org/foundation
Mission Statement of Hamilton Memorial Foundation
The Hamilton Memorial Foundation, a notable organization, is dedicated to raising funds for the benefit of the Hamilton Memorial Hospital District. Its mission extends beyond financial support, aiming to strengthen the relationship between the hospital district and the community. The foundation seeks to raise awareness of the significance of healthcare careers and the necessity of funding to aid local high school students, employees, and interested parties in various healthcare fields. The foundation collaborates with local businesses and the farming community to foster an understanding of the importance of a rural hospital and how both parties can work together to create a healthier and safer community.
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Impact
August, 2024
Hamilton Memorial Foundation's impact is significant in supporting the Hamilton Memorial Hospital District. Through donations and fundraising activities, the foundation strengthens the relationship between the hospital district and the community. It also raises awareness about the importance of healthcare careers and the need to support local high school students, employees, and other interested parties with scholarships in various healthcare fields. Additionally, the foundation collaborates with area businesses and the farming community to promote the necessity of a rural hospital and foster a healthier and safer community.
This information is meant to be a general summary of Hamilton Memorial 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: $466
- Gross Receipts: $62,971
Assets and Liabilities:
- Total Assets: $365,924
- Total Liabilities: $0
- Net Assets: $365,924
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Organization Details
Founding Year
2015
Phone
(618) 643-5863Principal Officer
Victoria Woodrow
Main Address
PO BOX 429 611 S MARSHALL AVENUE, MCLEANSBORO, IL, 62859
NTEE Category
Code: T12 - Philanthropy
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