Overview
What is Children's Hospital & Medical Center Foundation?
The Children's Hospital & Medical Center Foundation is a non-profit organization based in Omaha, Nebraska, with the address 8201 Dodge Street. Its primary role is to collect, invest, and distribute donations for the betterment of Children's Hospital & Medical Center and its affiliates. Grants are approved by the Foundation's Board of Directors to support the hospital's premier pediatric services and programs, many of which are not reimbursed. The Foundation was established in 1981 and serves as an advocate for children by managing and distributing funds to further their objectives.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Children's Hospital & Medical Center Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an impressive score primarily due to its commitment to transparency and rigorous financial management, with a majority of independent board members and well-documented policies in place.
The foundation demonstrates a solid program expense ratio of 85.47%, indicating that a significant portion of its funds is directed towards its mission-driven activities. Additionally, the low liabilities to assets ratio of 0.43% showcases its financial stability. However, the fundraising efficiency ratio at $0.26 suggests there may be room for improvement in how funds are raised compared to the expenses incurred.
Overall, the foundation's strong governance practices and effective use of resources contribute positively to its reputation. While the organization excels in many areas, enhancing fundraising strategies could further bolster its financial effectiveness in supporting its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Hospital & Medical Center Foundation legitimate?
Children's Hospital & Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Hospital & Medical Center 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: $401,745
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of Children's Hospital & Medical Center Foundation?
The Children's Hospital & Medical Center Foundation was established in 1981 with the goal of raising awareness and managing funds to support the premier pediatric services and programs at Children's Hospital & Medical Center. The foundation acts as an advocate for children, as some of the hospital's services are not reimbursed. Its primary purpose is to solicit, receive, invest, and distribute general and specific, restricted and unrestricted gifts for the benefit and support of Children's Hospital & Medical Center. The foundation's board of directors approves grants to allocate these funds effectively for the betterment of the hospital and its affiliates. The foundation's efforts contribute significantly to the provision of top-notch pediatric care and services.
Official website here: www.see schedule o
Who is the CEO of Children's Hospital & Medical Center Foundation?
Amy Hatcher is the Chair of Children's Hospital & Medical Center Foundation.
Official website here: www.see schedule o
What is the revenue of Children's Hospital & Medical Center Foundation?
Children's Hospital & Medical Center Foundation's revenue in 2022 was $31,164,804.
Official website here: www.see schedule o
Who are the executives of Children's Hospital & Medical Center Foundation and what are their salaries?
There 274 volunteers at Children's Hospital & Medical Center Foundation.
Here are 21 key members and their salaries:
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- Related: $830,258
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- Related: $406,162
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Official website here: www.see schedule o
Where can I find the form 990 for Children's Hospital & Medical Center Foundation?
Children's Hospital & Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Children's Hospital & Medical Center Foundation
Children's Hospital & Medical Center Foundation is a charitable organization established in 1981 with a mission to advocate for children's health and manage funds to support the premier pediatric services and programs of Children's Hospital & Medical Center. The foundation raises awareness and finances for the hospital, which often does not receive full reimbursement for the services it provides.
In essence, Children's Hospital & Medical Center Foundation functions as a bridge between the community and the hospital, providing essential resources to ensure the best possible care for children. The foundation solicits, receives, invests, and distributes gifts, both general and restricted, to benefit Children's Hospital & Medical Center and its affiliates. These grants, approved by the foundation's board of directors, contribute significantly to the hospital's ability to make a difference in the lives of children who need it most.
The foundation's work is instrumental in securing resources for Children's Hospital & Medical Center, enabling it to provide critical services that go beyond what is covered by insurance. By advocating for children and managing funds, Children's Hospital & Medical Center Foundation plays a vital role in advancing the hospital's mission to deliver exceptional healthcare and improve the wellbeing of young patients.
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Impact
October, 2024
Children's Hospital & Medical Center Foundation has a significant impact on the health and well-being of children in the community by managing and distributing funds that support vital pediatric services and programs. Established in 1981, the Foundation plays a crucial role in raising awareness and securing financial resources to enhance the care provided at Children's Hospital & Medical Center.
Through the solicitation of general and specific gifts, both restricted and unrestricted, the Foundation ensures that financial support is directed where it's needed most. Grants are carefully approved by the Foundation's Board of Directors, focusing on the welfare of children and the enhancement of hospital services that often go unreimbursed. This proactive approach allows the hospital to continue offering premier pediatric care, implementing innovative programs, and addressing urgent health needs within the community.
By investing in these vital services, the Foundation not only benefits the children receiving care but also strengthens the overall health infrastructure, fostering a healthier future for the entire community. For more details on their impact and contributions, the community benefit report is available at their website.
This information is meant to be a general summary of Children's Hospital & Medical Center 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: $14,888,398
- Gross Receipts: $281,127,970
Assets and Liabilities:
- Total Assets: $85,931,085
- Total Liabilities: $2,599,201
- Net Assets: $83,331,884
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Organization Details
Founding Year
1981
Phone
(402) 955-6262Principal Officer
Amy Hatcher
Main Address
8200 DODGE STREET, OMAHA, NE, 68114
Website
www.see schedule oNTEE Category
Code: E112 - Health
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