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Shady Grove Adventist Hospital Foundation Inc

Adventist Healthcare Shady Grove Medical Center Foundation

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

EIN: 521216429 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(3)

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Overview

What is Shady Grove Adventist Hospital Foundation Inc?

Shady Grove Adventist Hospital Foundation Inc, operating under the name Adventist Healthcare Shady Grove Medical Center Foundation, is a nonprofit organization dedicated to supporting the work and mission of Adventist Healthcare, Inc. at Shady Grove Medical Center in Gaithersburg, Maryland. The foundation encourages community involvement by raising funds for various medical and healthcare services through initiatives such as major gifts, capital campaigns, annual giving programs, and special events like their annual golf tournament. By doing so, they ensure that high-quality care remains accessible and available to their community, extending God's care through physical, mental, and spiritual healing. The foundation's activities primarily focus on raising funds to assist Shady Grove Medical Center in meeting the healthcare needs of Upper Montgomery County, Maryland.


Official website here: www.adventisthealthcare.com

Is Shady Grove Adventist Hospital Foundation Inc legitimate?

Shady Grove Adventist Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shady Grove Adventist Hospital Foundation Inc 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.adventisthealthcare.com

What is the mission statement of Shady Grove Adventist Hospital Foundation Inc?

Shady Grove Adventist Hospital Foundation Inc's mission is centered around extending care, encompassing physical, mental, and spiritual healing. They aim to support the medical and healthcare needs of their community through philanthropic efforts. The foundation encourages community support for various services and programs necessary for the hospital to meet the healthcare requirements of their community. This is accomplished through the cultivation of major gifts, capital campaigns, annual giving programs, employee giving, and special events such as the annual golf tournament. Smaller gifts, just as significant, ensure that the best possible care is accessible and available to their community.


Official website here: www.adventisthealthcare.com

Who is the CEO of Shady Grove Adventist Hospital Foundation Inc?

Terry Forde is the Principal Officer of Shady Grove Adventist Hospital Foundation Inc.


Official website here: www.adventisthealthcare.com

What is the revenue of Shady Grove Adventist Hospital Foundation Inc?

Shady Grove Adventist Hospital Foundation Inc's revenue in 2022 was $3,638,408.


Official website here: www.adventisthealthcare.com

Who are the executives of Shady Grove Adventist Hospital Foundation Inc and what are their salaries?

There 9 volunteers at Shady Grove Adventist Hospital Foundation Inc.


Here are 12 key members and their salaries:


Daniel L Cochran (President, Sgmc)
  • Compensation: $0
  • Related: $785,143
  • Other: $184,334
Patsy Mcneil (Svp, System Cmo)
  • Compensation: $0
  • Related: $690,339
  • Other: $147,815
Joan Vincent (Vp, Nursing, Sgmc)
  • Compensation: $0
  • Related: $424,015
  • Other: $42,818
Howard Vogel (Nominating Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Bensignor (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Mark Katz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Byrum (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Grolig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Hairston (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Potts (Exec. Committee Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Aquilino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Kagan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adventisthealthcare.com

Where can I find the form 990 for Shady Grove Adventist Hospital Foundation Inc?

Shady Grove Adventist Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adventisthealthcare.com

Learn more at the official website: www.adventisthealthcare.com

Mission Statement of Shady Grove Adventist Hospital Foundation Inc

Shady Grove Adventist Hospital Foundation Inc, with the mission to extend God's care, operates through the ministry of physical, mental, and spiritual healing. This nonprofit organization is dedicated to providing philanthropic support to Adventist Healthcare Shady Grove Medical Center, encouraging the community to contribute to the various services and programs essential for the hospital to meet the healthcare needs of their community. Through the cultivation of major gifts, capital campaigns, an annual giving program, employee giving, and special events such as their annual golf tournament, the foundation aims to make the best possible care accessible and available to their community, regardless of the size of the gift.

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Impact




October, 2024

Shady Grove Adventist Hospital Foundation Inc significantly impacts Upper Montgomery County, Maryland, by enhancing the region's healthcare services through philanthropic support. By engaging the community in fundraising efforts, the foundation ensures that Shady Grove Medical Center can meet the diverse medical and healthcare needs of the residents.

The foundation conducts a variety of fundraising activities, including major gift campaigns, capital projects, and an annual giving program that encompasses employee contributions and community events such as a golf tournament. Each donation, whether large or small, directly aids in expanding medical services and improving facilities, making high-quality care more accessible.

Moreover, the foundation is committed to the holistic well-being of the community by embodying a mission of physical, mental, and spiritual healing. This approach not only addresses immediate healthcare needs but also nurtures a comprehensive healing environment that aligns with the values of Adventist Healthcare. Through these efforts, the foundation plays a crucial role in fostering a healthier community and responding effectively to its evolving healthcare demands.




This information is meant to be a general summary of Shady Grove Adventist Hospital Foundation Inc. 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
$3,638,408 (2022)
Expenses
$1,644,392 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,841
  • Gross Receipts: $3,785,128

Assets and Liabilities:

  • Total Assets: $10,033,136
  • Total Liabilities: $55,966
  • Net Assets: $9,977,170

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Organization Details

Founding Year

1981

Principal Officer

Terry Forde

Main Address

820 WEST DIAMOND AVE 600, GAITHERSBURG, MD, 208781419

NTEE Category

Code: E22I - Health

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