Overview
What is Free Foundation For Rehabilitation Equipment & Endowment?
The Free Foundation for Rehabilitation Equipment & Endowment, often referred to as FREE, is a nonprofit organization situated in Roanoke, Virginia. Their primary mission is to assist individuals in need by providing them with home medical equipment and other rehabilitative devices, which are not readily available through public or private sources. FREE accomplishes this by accepting donated mobility-related rehabilitation equipment, sanitizing, refurbishing, and distributing it to qualified individuals based on their medical and financial needs. This service aids in maximizing functional independence and improving the quality of life for recipients, reducing falls, emergency room visits, hospital stays, and the need for nursing home placements. During the COVID-19 pandemic and aluminum shortage in early 2022, FREE played a vital role in supporting low-income and underinsured clients in acquiring necessary medical equipment, thereby decreasing their exposure to the virus and facilitating their safe return home. Overall, for every dollar invested in FREE, the community gains an estimated 81 times the value in terms of durable medical equipment and healthcare cost savings.
Official website here: www.free-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Free Foundation For Rehabilitation Equipment & Endowment has received high marks for its accountability and finance, showcasing a strong commitment to effectively using its resources to fulfill its mission. With a remarkable Program Expense Ratio of 96.76%, the organization demonstrates a focus on direct services, ensuring that the majority of its funds go towards helping individuals in need. The organization also boasts a fully independent board and strong financial oversight processes, reflecting its commitment to transparency.
User feedback highlights the profound impact of the foundation's work on the lives of its clients. Many testimonials emphasize how the provision of essential medical equipment has significantly improved the independence and mobility of individuals facing health challenges. The compassionate support provided by the staff, particularly during difficult times, has been universally praised by clients and professionals alike, showcasing the organization’s dedication to its mission.
While the foundation has received overwhelmingly positive reviews, some areas for improvement include the collection and utilization of equity data, where scores indicate there may be room to enhance its strategies and processes. Overall, the Free Foundation is recognized as a vital resource in the community, providing life-changing assistance to those who may not have other options for obtaining necessary medical equipment.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Free Foundation For Rehabilitation Equipment & Endowment legitimate?
Free Foundation For Rehabilitation Equipment & Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Foundation For Rehabilitation Equipment & Endowment 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: $74,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,902
For more financial information, click here
Official website here: www.free-foundation.org
What is the mission statement of Free Foundation For Rehabilitation Equipment & Endowment?
The Free Foundation for Rehabilitation Equipment & Endowment's mission is centered around providing home medical equipment and other rehabilitative equipment to individuals who cannot obtain it through other public or private sources. This organization takes in donated mobility-related rehabilitation equipment, sanitizes and refurbishes it, and then distributes it to those in need, primarily based on their medical and financial requirements. The aim is to help recipients regain their functional independence and improve their quality of life.
According to local healthcare providers, there is a significant need for such equipment, as approximately one in three adults returning home from strokes, spinal cord injuries, brain injuries, and other serious illnesses or accidents lack the necessary equipment for recovery. This lack of equipment significantly limits their mobility, productivity, and independence, impacting not only the individuals but also their families and communities.
By providing this equipment, the Free Foundation helps reduce falls by over 90%, leading to equally dramatic drops in ER visits, hospital stays, and transfers to expensive nursing homes and assisted living facilities. This not only benefits the individuals in need but also saves the community, healthcare systems, and local and state governments significant amounts of money annually. During the COVID-19 pandemic, the foundation played a crucial role in supporting low-income, underserved clients in need of medical equipment, helping them exit the hospital and return home more quickly, decreasing COVID-19 exposure and spread.
Official website here: www.free-foundation.org
Who is the CEO of Free Foundation For Rehabilitation Equipment & Endowment?
Robin Ramsey is the President of Free Foundation For Rehabilitation Equipment & Endowment.
Official website here: www.free-foundation.org
What is the revenue of Free Foundation For Rehabilitation Equipment & Endowment?
Free Foundation For Rehabilitation Equipment & Endowment's revenue in 2022 was $1,289,934.
Official website here: www.free-foundation.org
Who are the executives of Free Foundation For Rehabilitation Equipment & Endowment and what are their salaries?
The average compensation at Free Foundation For Rehabilitation Equipment & Endowment during 2022 was $17,217. There are 15 employees and 100 volunteers at Free Foundation For Rehabilitation Equipment & Endowment.
Here are 10 key members and their salaries:
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- Compensation: $66,571
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- Other: $7,782
Official website here: www.free-foundation.org
Where can I find the form 990 for Free Foundation For Rehabilitation Equipment & Endowment?
Free Foundation For Rehabilitation Equipment & Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.free-foundation.org
Learn more at the official website: www.free-foundation.org
Mission Statement of Free Foundation For Rehabilitation Equipment & Endowment
The Free Foundation for Rehabilitation Equipment & Endowment, a nonprofit organization, is dedicated to providing home medical equipment and other rehabilitative equipment to individuals in need, when such resources are unavailable through other public or private sources. This mission is essential as many adults returning home from strokes, spinal cord injuries, brain injuries, and other serious illnesses or accidents often lack the necessary equipment to aid in their recovery.
The absence of this equipment significantly impairs their mobility, productivity, and independence, affecting not only the individuals themselves but also their families and the communities they reside in. Consequently, individuals who go without needed mobility rehabilitation equipment experience more frequent falls, leading to hospital visits, stays, and transfers to nursing homes and assisted living facilities. The resulting costs are borne by the healthcare systems, local and state governments, and the communities they serve.
By providing this equipment to qualifying individuals based on both medical and financial need, the Free Foundation for Rehabilitation Equipment & Endowment helps reduce falls by over 90%, resulting in equally dramatic decreases in ER visits, hospital stays, and transfers to expensive nursing homes and assisted living facilities. This not only enables individuals to regain their mobility and independence but also saves millions of dollars annually for the community. During the COVID-19 pandemic and aluminum shortage in early 2022, the organization played a crucial role in supporting low-income, underinsured clients in need of medical equipment, facilitating their safe discharge from hospitals and return to their communities, thereby decreasing COVID-19 exposure and spread.
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Impact
July, 2024
The Free Foundation For Rehabilitation Equipment & Endowment has a significant impact on the community by providing home medical equipment and rehabilitative equipment to individuals in need. Through their efforts, they help recipients maximize their functional independence and improve their quality of life. The equipment provided by Free Foundation reduces falls by over 90%, leading to dramatic decreases in emergency room visits, hospital stays, and transfers to expensive care facilities. This not only benefits the underserved individuals receiving the equipment but also saves communities millions of dollars annually. Additionally, during the COVID-19 pandemic, Free Foundation played a crucial role in supporting low-income and underinsured clients in need of medical equipment, helping them return home safely and quickly to decrease exposure and spread of the virus. Based on client outcomes, Free Foundation provides a remarkable return on investment, giving back $81 in value of durable medical equipment and healthcare cost savings for every $1 invested.
This information is meant to be a general summary of Free Foundation For Rehabilitation Equipment & Endowment. 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: $4,507
- Gross Receipts: $1,289,934
Assets and Liabilities:
- Total Assets: $724,965
- Total Liabilities: $194,833
- Net Assets: $530,132
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Organization Details
Founding Year
1998
Phone
(540) 777-4929Principal Officer
Robin Ramsey
Main Address
PO BOX 8873, ROANOKE, VA, 24014
Website
www.free-foundation.orgNTEE Category
Code: P20 - Human services
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