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Menninger Foundation

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

EIN: 480543752 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Menninger Foundation?

The Menninger Foundation, situated in Houston, Texas, is a nonprofit organization primarily dedicated to promoting and advancing the field of mental health. Its mission involves supporting research in psychiatry and related disciplines, offering opportunities for scientists to delve into medical and psychological problems. The Foundation encourages scientists to apply their expertise to various issues, fostering a deeper understanding of the human personality. In addition to research, the Menninger Foundation provides education for physicians, nurses, therapists, and educators, ensuring they have a comprehensive grasp of human psychology. The Foundation also offers diagnosis, treatment, and care to patients, including those with limited financial resources. Moreover, the Menninger Foundation studies the factors that contribute to mental illness and the ways in which childhood personality may be impaired. They also explore the application of psychiatry in various domains such as education, industry, and social institutions, aiming to improve overall mental health care. In summary, the Menninger Foundation is committed to supporting research in mental health, fostering scientific growth, and providing care for patients in need.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 54% - One-Star out of Four Star rating.

The Menninger Foundation has received a low rating of 54%, reflecting concerns primarily related to its financial accountability. While the organization demonstrates strong governance practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblowing, the financial metrics raise significant red flags. Notably, the program expense ratio is reported at 0.00%, indicating that none of the funds are being directed towards its stated programs.

Furthermore, the liabilities to assets ratio is alarmingly high at 928.85%, suggesting potential financial instability. This discrepancy raises questions about the sustainability of the foundation's operations and its ability to fulfill its mission effectively. Although the governance components are rated favorably, the overall financial health of the organization is a critical area of concern for potential donors and stakeholders.

In summary, while the Menninger Foundation has established solid governance practices, the lack of program spending and high liabilities indicate that it may be struggling to manage its resources effectively. This combination of strengths and weaknesses results in a low overall rating, cautioning supporters to carefully consider the implications for their contributions.


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

Is Menninger Foundation legitimate?

Menninger Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Menninger 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

What is the mission statement of Menninger Foundation?

The Menninger Foundation's mission is geared towards supporting research in the field of mental health. More specifically, they aim to promote medical science, particularly the development of psychiatry and related disciplines, and provide opportunities for scientists to engage in research related to medicine, psychology, and other relevant fields. The foundation also focuses on educating physicians, nurses, therapists, and educators, helping them gain a comprehensive understanding of human personality. They offer diagnosis, treatment, and care to patients, including those whose funds may not be adequate. Furthermore, the foundation studies the conditions under which mental illness is fostered and the manner in which the personality of the child may be impaired. They also develop applications of psychiatry in various social institutions, such as education, industry, and preventative medicine.

Who is the CEO of Menninger Foundation?

Armando Colombo is the Principal Officer of Menninger Foundation. The CEO's salary of Menninger Foundation is $0 and their total compensation is $0.

What is the revenue of Menninger Foundation?

Menninger Foundation's revenue in 2022 was $1,568,353.

Who are the executives of Menninger Foundation and what are their salaries?

There 6 volunteers at Menninger Foundation.


Here are 6 key members and their salaries (Menninger Foundation's CEO's salary is $0 and their total compensation is $0):


W Walt Menninger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Wagnon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justice Eric Rosen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Wolgast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Menninger (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armando E Colombo (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Menninger Foundation?

Menninger Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Menninger Foundation

The Menninger Foundation, a non-profit organization, is dedicated to the advancement of medical science, with a particular focus on the development of psychiatry and related disciplines. It strives to provide a platform for scientists to delve into research, tackling problems in medicine, psychology, and related fields.

In line with its mission, the Menninger Foundation supports research in the field of mental health. It aims to provide an extensive and in-depth understanding of the human personality to physicians, nurses, therapists, and educators. The foundation also extends its services to patients, including those whose financial resources may be limited. It studies various aspects of mental illness, exploring the conditions under which it is fostered and the ways in which the personality of a child may be impaired.

Beyond research and education, the Menninger Foundation is also involved in diagnosis, treatment, and care of patients. It investigates and develops the application of psychiatry in various social institutions such as education, industry, preventative medicine, and more. The ultimate goal of the Menninger Foundation is to improve the overall well-being of individuals, contributing to a healthier and more productive society.

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Impact




June, 2024

The Menninger Foundation's impact lies in its commitment to promoting medical science, particularly the development of psychiatry and related disciplines. By providing opportunities for scientists to engage in research in the areas of medicine, psychology, and related fields, the Foundation contributes to advancements in mental health knowledge and treatment.

Furthermore, the Foundation plays a vital role in instructing physicians, nurses, therapists, and educators in a comprehensive understanding of the human personality. By offering diagnosis, treatment, and care to patients, including those with limited financial resources, Menninger Foundation ensures that mental health services are accessible to all who need them.

Through its studies on the conditions contributing to mental illness and the impact of childhood experiences on personality development, the Foundation contributes valuable insights to the field of psychiatry. Additionally, by exploring the application of psychiatry in education, industry, preventative medicine, and other social institutions, the Menninger Foundation actively works towards enhancing mental health support in diverse settings.

Overall, the Menninger Foundation's dedication to research, education, and patient care makes a significant impact in advancing the field of mental health and improving outcomes for individuals facing mental health challenges.




This information is meant to be a general summary of Menninger 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.

Revenue
$1,568,353 (2022)
Expenses
$257,418 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,568,353

Assets and Liabilities:

  • Total Assets: $5,521,183
  • Total Liabilities: $38,252,745
  • Net Assets: -$32,731,562

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Organization Details

Founding Year

1941

Principal Officer

Armando Colombo

Main Address

12301 MAIN STREET, HOUSTON, TX, 77035

NTEE Category

Code: F310 - Mental health

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