Overview
What is The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc?
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc is a nonprofit organization located at 4605 Maccorkle Avenue SW, South Charleston, WV 25309. Their primary mission is to collect funds from the community to financially aid the efforts of Thomas Memorial and Saint Francis Hospitals, as part of Thomas Health System, and TH Physician Partners. This support extends to various sectors, including nursing recruitment, employee educational scholarships, social services, and department grants. The Foundation's purpose is to contribute positively to the health, education, and well-being of the local community.
Official website here: www.thomashealthfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc has received an 81% rating from Charity Navigator, indicating a Three-Star status. This score reflects a strong emphasis on accountability and finance, showcasing the organization’s commitment to effective governance and financial stewardship. The charity is noted for its 100% independent board members, excellent audit performance, and comprehensive policies related to conflict of interest and whistleblower protections.
Strengths of the organization include a well-structured board and robust financial practices, as evidenced by a low liabilities-to-assets ratio of 0.44%. Additionally, the majority of the board members are independent, which enhances the charity’s governance framework. However, the program expense ratio is relatively low at 57.80%, which may suggest that a smaller portion of funds is allocated directly to programmatic activities compared to other expenses.
While the organization demonstrates strong accountability practices, potential donors might want to consider the implications of the program expense ratio when evaluating the charity's overall effectiveness in fulfilling its mission. Overall, this nonprofit exhibits commendable practices in governance and financial management, although there is room for improvement in directing more funds toward its programs.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc legitimate?
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For The Thomas Memorial And Saint Francis Hospitals 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:
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For more financial information, click here
Official website here: www.thomashealthfoundation.org/
What is the mission statement of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc?
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc's mission is centered around raising funds from the community to financially support the efforts of Thomas Memorial and Saint Francis Hospitals, Thomas Health System, and THS Physician Partners. Their primary goal is to enhance the health, education, and well-being of the residents within their service area. The organization has shown its commitment by providing various types of support, such as funding for nursing recruitment, employee educational scholarships, a gap fund for social services, and department grants. The organization's actions aim to contribute positively to the healthcare sector and improve the lives of the individuals they serve.
Official website here: www.thomashealthfoundation.org/
Who is the CEO of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc?
Kristin Anderson is the President of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc.
Official website here: www.thomashealthfoundation.org/
What is the revenue of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc?
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc's revenue in 2022 was $522,287.
Official website here: www.thomashealthfoundation.org/
Who are the executives of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc and what are their salaries?
There 19 volunteers at The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc.
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- Related: $122,053
- Other: $14,945
Official website here: www.thomashealthfoundation.org/
Where can I find the form 990 for The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc?
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thomashealthfoundation.org/
Learn more at the official website: www.thomashealthfoundation.org/
Mission Statement of The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc
The Foundation for the Thomas Memorial and Saint Francis Hospitals Inc is a nonprofit organization with a mission to financially support the efforts of Thomas Memorial and Saint Francis Hospitals, as well as Thomas Health System and its physician partners. The primary objective of this organization is to enhance the health, education, and well-being of the community residing in its service area. To achieve this goal, it raises funds through community support.
By providing financial assistance, The Foundation for the Thomas Memorial and Saint Francis Hospitals Inc contributes to various initiatives within the hospitals and healthcare system. For instance, it supports nursing recruitment, offering financial aid to attract skilled nurses to the organization. Furthermore, the foundation provides educational scholarships to employees, enabling them to advance their knowledge and skills in the healthcare field. Additionally, it contributes to a gap fund for social services, ensuring that individuals in need have access to vital support services. Furthermore, the foundation grants funds to specific departments within the hospitals, contributing to their overall operations and the delivery of quality healthcare services.
In summary, The Foundation for the Thomas Memorial and Saint Francis Hospitals Inc is a vital organization that plays a crucial role in strengthening the healthcare system by financially supporting Thomas Memorial and Saint Francis Hospitals, as well as Thomas Health System and its physician partners. Its mission is to improve the health, education, and well-being of the community through various initiatives, such as nursing recruitment, employee educational scholarships, and funding for social services and departmental needs.
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Impact
July, 2024
The Foundation For The Thomas Memorial And Saint Francis Hospitals Inc has a direct impact on the health, education, and well-being of the citizens residing in the service area of South Charleston, WV. By financially assisting the efforts of Thomas Memorial and Saint Francis Hospitals, the organization plays a crucial role in supporting nursing recruitment, employee educational scholarships, gap funds for social services, and department grants. Through its mission to raise funds from community support, the Foundation contributes to the overall improvement of healthcare services and resources available to the local community.
This information is meant to be a general summary of The Foundation For The Thomas Memorial And Saint Francis Hospitals 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $134,598
- Gross Receipts: $618,370
Assets and Liabilities:
- Total Assets: $2,757,554
- Total Liabilities: $18,028
- Net Assets: $2,739,526
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Organization Details
Founding Year
1989
Phone
(304) 766-4340Principal Officer
Kristin Anderson
Main Address
4605 MACCORKLE AVENUE SW, SOUTH CHARLESTON, WV, 25309
NTEE Category
Code: E112 - Health
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