Overview
What is Sheltering Arms Foundation?
The Sheltering Arms Foundation is a charitable organization that supports Sheltering Arms Hospital and the Sheltering Arms Institute in their mission to provide healthcare, wellness, and community support services. Based in Mechanicsville, Virginia, the Foundation raises funds through philanthropic donations and sound investment management. These contributions enable the organizations to offer a margin of excellence in clinical and community-based programs, such as rehabilitation, research, and specialized therapies. Notable initiatives supported by FY2022 donations include the construction of a new hospital building and therapeutic garden, the purchase of advanced equipment, clinical science research, and arts and music therapy programs. The Foundation's commitment to community engagement and stewardship strengthens the impact of these vital services.
Official website here: www.shelteringarms.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Sheltering Arms Foundation has achieved a strong Three-Star rating from Charity Navigator, indicating solid performance in accountability and finance. The charity's overall score is derived entirely from its accountability and finance metrics, scoring 87%. This high score reflects the organization’s commitment to transparency and responsible financial practices.
Strengths of the Sheltering Arms Foundation include a fully independent board of directors, which enhances its governance structure. The organization scores perfectly in various accountability measures, such as having no material diversion of assets, a clear conflict of interest policy, and comprehensive documentation of board activities. Additionally, the foundation demonstrates strong financial health with a program expense ratio of 78.36%, indicating that a significant portion of its resources directly supports its mission.
While the charity exhibits notable strengths, it’s important for potential donors to continue monitoring its ongoing performance and financial strategies to ensure sustained impact. Overall, the Sheltering Arms Foundation presents a trustworthy option for those looking to contribute to a nonprofit with strong accountability and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Sheltering Arms Foundation legitimate?
Sheltering Arms Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheltering Arms 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: $597,343
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.shelteringarms.com
What is the mission statement of Sheltering Arms Foundation?
The Sheltering Arms Foundation supports various organizations in providing healthcare, wellness, and community support services. It fuels the visions of Sheltering Arms Hospital and Sheltering Arms Institute by building community philanthropic support and stewarding the foundation's investment portfolio. The foundation enhances community relations with individuals, corporations, foundations, and organizations to provide the margin of excellence in clinical and community-based programs. New donations and investment income help fund initiatives like the capital campaign for a new hospital building and therapeutic garden, the purchase of advanced therapeutic equipment, and clinical science research initiatives. Donors enable patients to overcome injuries and illnesses and contribute to the foundation's goal of reinventing rehabilitation for life beyond limits. Examples of programs supported by FY2022 donations include a capital campaign, therapeutic equipment purchases, clinical science research, music therapy, expressive arts, and more.
Official website here: www.shelteringarms.com
Who is the CEO of Sheltering Arms Foundation?
John L Mcelroy Iii is the Chairman of Sheltering Arms Foundation.
Official website here: www.shelteringarms.com
What is the revenue of Sheltering Arms Foundation?
Sheltering Arms Foundation's revenue in 2022 was $26,560,815.
Official website here: www.shelteringarms.com
Who are the executives of Sheltering Arms Foundation and what are their salaries?
Here are 19 key members and their salaries:
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- Related: $357,558
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- Related: $165,531
- Other: $26,580
Official website here: www.shelteringarms.com
Where can I find the form 990 for Sheltering Arms Foundation?
Sheltering Arms Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shelteringarms.com
Learn more at the official website: www.shelteringarms.com
Mission Statement of Sheltering Arms Foundation
Sheltering Arms Foundation, a philanthropic organization, is dedicated to fueling the visions of Sheltering Arms Hospital and Sheltering Arms Institute by building community support, managing investments wisely, and enhancing community relations. By providing financial backing and investment income, the Foundation ensures that Sheltering Arms Hospital's Community-Based Partner for Life programs and Sheltering Arms Institute's inpatient rehabilitation hospital and outpatient centers can offer exceptional clinical services beyond what operating income alone provides. Sheltering Arms Foundation is a vital partner, enabling patients to regain their strength and overcome injuries and illnesses, and enabling the organizations to achieve their goal of reinventing rehabilitation for life beyond limits.
In the fiscal year 2022, Sheltering Arms Foundation supported various initiatives through donations. One was a capital campaign to construct a new hospital building and a therapeutic "Bridge Garden" at Sheltering Arms Institute. This garden allows patients to access nature during their recovery and offers a trail for learning to navigate different walking surfaces. Additionally, new, advanced therapeutic equipment was purchased for the renovated and expanded East Laburnum Outpatient Center, enabling patients to access multiple therapeutic disciplines. Clinical science research initiatives, music therapy for inpatients and Club Rec members, and expressive arts for Club Rec members were also backed by the Foundation. These efforts contribute significantly to the enhancement of the quality of care and the overall patient experience.
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Impact
October, 2024
Sheltering Arms Foundation significantly enhances healthcare, wellness, and community support services through its initiatives, which are closely aligned with the programs of Sheltering Arms Hospital and the Sheltering Arms Institute. By providing vital philanthropic support and efficiently managing an investment portfolio, the foundation enables the development of critical programs that elevate the quality of care for patients.
In 2022, the impact of the foundation included funding a capital campaign for a new hospital building and a therapeutic "Bridge Garden," which offers patients restorative access to nature and a training trail for navigating various walking surfaces. The foundation also facilitated the acquisition of advanced therapeutic equipment for the expanded East Laburnum Outpatient Center, enhancing access to multiple therapeutic disciplines such as physical therapy, occupational therapy, and speech therapy.
Moreover, the foundation actively supports clinical science research initiatives and innovative therapies, including music therapy and expressive arts programs, specifically designed for inpatients and members of the Club REC program. Through these diverse initiatives, the foundation empowers patients to reclaim their strength and navigate their rehabilitation journeys, fostering a vision of life beyond limits.
This information is meant to be a general summary of Sheltering Arms 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: $23,116,003
- Gross Receipts: $26,560,815
Assets and Liabilities:
- Total Assets: $174,112,507
- Total Liabilities: $0
- Net Assets: $174,112,507
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Organization Details
Founding Year
1992
Phone
(804) 764-1000Principal Officer
John L Mcelroy Iii
Main Address
8226 MEADOWBRIDGE ROAD, MECHANICSVILLE, VA, 23116
Website
www.shelteringarms.comNTEE Category
Code: E110 - Health
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