Overview
What is Mjh Foundation?
MJH Foundation is a nonprofit organization situated in Norfolk, Virginia, primarily focused on providing investment and management services for Martha Jefferson Hospital. By managing restricted funds, MJH Foundation supports the hospital's programming, ensuring the well-being of its patients and employees. In essence, MJH Foundation plays a crucial role in enhancing the healthcare services offered by Martha Jefferson Hospital in the local community.
Official website here: www.sentara.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
The Mjh Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 77%, with its entire rating based on the Accountability & Finance category. This score reflects positively on the foundation's operational transparency and financial health, which are crucial for fostering donor trust.
Key strengths of the Mjh Foundation include a perfect score for the material diversion of assets, demonstrating no significant issues in this area. Furthermore, the charity has well-established policies for conflict of interest, whistleblower protections, and document retention, all contributing to its strong governance practices. The organization also shows a favorable liability to assets ratio of 0.00%, indicating effective management of its financial resources.
While the foundation excels in financial accountability, the data does not provide insights into its programmatic impact or effectiveness. This lack of information may limit potential donors' understanding of the organization's overall mission and success in achieving its goals. Nonetheless, the strong financial metrics suggest a responsible use of funds, which is an important consideration for supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Mjh Foundation legitimate?
Mjh Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mjh 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.sentara.com
What is the mission statement of Mjh Foundation?
The Mjh Foundation's mission is to offer investment and management services for Martha Jefferson Hospital, a non-profit organization. By providing these services, the foundation aims to support Martha Jefferson Hospital in its mission of providing healthcare to the community. The Mjh Foundation manages funds for the hospital and its affiliated corporations, using these resources to enhance the hospital's services for patients and employees. While specific programmatic achievements for the year 2022 are detailed in Schedule O, this information is not relevant to the mission statement of the Mjh Foundation.
Official website here: www.sentara.com
What is the revenue of Mjh Foundation?
Mjh Foundation's revenue in 2023 was $952,878.
Official website here: www.sentara.com
Who are the executives of Mjh Foundation and what are their salaries?
There 322 volunteers at Mjh Foundation.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $505,775
- Other: $58,711
- Compensation: $0
- Related: $234,924
- Other: $86,957
- Compensation: $0
- Related: $243,131
- Other: $61,017
- Compensation: $0
- Related: $84,790
- Other: $63,700
- Compensation: $0
- Related: $415,680
- Other: $51,832
Official website here: www.sentara.com
Where can I find the form 990 for Mjh Foundation?
Mjh Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sentara.com
Learn more at the official website: www.sentara.com
Mission Statement of Mjh Foundation
The Mjh Foundation is committed to providing investment and management services for Martha Jefferson Hospital, a non-profit organization that offers healthcare to the community. In essence, the Mjh Foundation serves as a financial steward, utilizing its expertise to manage investments and offer other related services for Martha Jefferson Hospital and its affiliated corporations. The revenue drawn from the restricted fund is utilized to support Martha Jefferson Hospital in providing programmatic support to its patients and employees, contributing to the overall well-being and care within the healthcare institution. Although the provided information does not delve into specific programs or accomplishments, it is evident that the Mjh Foundation plays a significant role in supporting Martha Jefferson Hospital's mission to provide healthcare services to its community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mjh Foundation plays a pivotal role in enhancing the healthcare services offered by Martha Jefferson Hospital and its affiliated corporations through its investment and management expertise. By providing essential investment management services, the foundation ensures that resources are optimally allocated to support various programs aimed at benefiting both patients and employees.
The funds drawn from the restricted assets are strategically utilized to enhance programmatic support, which ultimately contributes to improved patient care and staff welfare. Through these financial services, Mjh Foundation enables Martha Jefferson Hospital to maintain high standards of healthcare and implement innovative programs that address community health needs.
In 2022, the organization was integral in supporting the broader initiatives of the Sentara Health System, showcasing its commitment to enriching healthcare delivery. The impact of Mjh Foundation is visible in the strengthened services provided to the Norfolk community, fostering a healthier environment for all.
This information is meant to be a general summary of Mjh 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 2023.
- Investment Income: $843,726
- Gross Receipts: $7,343,699
Assets and Liabilities:
- Total Assets: $38,937,043
- Total Liabilities: $0
- Net Assets: $38,937,043
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1986
Principal Officer
Rita A Bunch
Website
www.sentara.comNTEE Category
Code: E110 - Health
If you are a representative of Mjh Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.