Overview
What is Cape Fear Valley Medical Foundation Inc?
Cape Fear Valley Medical Foundation Inc is a nonprofit organization located in Fayetteville, North Carolina. Their primary mission is to enhance healthcare services within Cumberland County by fostering philanthropic support for Cape Fear Valley Health. They achieve this by aiding children, both outpatients and inpatients, through programs like Friends of Children and Friends of Cancer Center. Additionally, they work on improving overall hospital services for patients and their families through their General Fund. Their activities aim to advance healthcare in the region, serving a collective total of 222,328 patients.
Official website here: www.capefearvalley.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Cape Fear Valley Medical Foundation Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization demonstrated exceptional governance with a fully independent board and robust financial oversight, garnering top scores across several accountability metrics. This high rating signifies the foundation's effective management and transparency in its operations.
The foundation's strengths include a low liabilities to assets ratio and a remarkable fundraising efficiency ratio, indicating prudent financial practices and effective resource utilization. The organization maintains comprehensive policies, such as conflict of interest and whistleblower protections, which enhance its credibility and operational integrity. Such measures contribute to the foundation's ability to manage assets responsibly and attract support from donors.
However, the program expense ratio stands at 57.67%, which may suggest that a larger portion of expenses is directed toward fundraising and administrative costs than towards direct program services. While the foundation is efficient in fundraising, increasing the program expense ratio could further enhance its impact in community health initiatives. Overall, Cape Fear Valley Medical Foundation Inc demonstrates strong financial health and accountability, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Fear Valley Medical Foundation Inc legitimate?
Cape Fear Valley Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Fear Valley Medical 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:
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Official website here: www.capefearvalley.com
What is the mission statement of Cape Fear Valley Medical Foundation Inc?
The Cape Fear Valley Medical Foundation Inc's mission is to serve its community by fostering awareness and securing philanthropic support for Cape Fear Valley Health. This organization strives to enhance compassionate and high-quality healthcare for all its patients. In addition, the foundation supports various programs that cater to children in need, cancer patients, and overall hospital services, benefiting a total of 222,328 patients.
Official website here: www.capefearvalley.com
What is the revenue of Cape Fear Valley Medical Foundation Inc?
Cape Fear Valley Medical Foundation Inc's revenue in 2023 was $3,029,454.
Official website here: www.capefearvalley.com
Who are the executives of Cape Fear Valley Medical Foundation Inc and what are their salaries?
There 112 volunteers at Cape Fear Valley Medical Foundation Inc.
Here are 17 key members and their salaries:
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- Related: $129,821
- Other: $8,517
Official website here: www.capefearvalley.com
Where can I find the form 990 for Cape Fear Valley Medical Foundation Inc?
Cape Fear Valley Medical Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capefearvalley.com
Learn more at the official website: www.capefearvalley.com
Mission Statement of Cape Fear Valley Medical Foundation Inc
Cape Fear Valley Medical Foundation Inc is committed to advancing healthcare in its surrounding community, specifically in Cumberland County, NC. The organization's mission is to serve the community by fostering awareness and securing philanthropic support for Cape Fear Valley Health. This renowned healthcare provider strives to deliver compassionate and high-quality care to all its patients.
The Cape Fear Valley Medical Foundation Inc carries out its mission by providing assistance to various healthcare programs. One such program is Friends of Children, which aids in the care of children, both as outpatients and inpatients. Another program, Friends of Cancer Center, offers support to cancer patients, whether they are receiving outpatient or inpatient treatment. The foundation also has a General Fund, which is dedicated to enhancing hospital services for patients at Cape Fear Valley Medical Center and their families.
In total, these programs served 222,328 patients. Through these initiatives, Cape Fear Valley Medical Foundation Inc works tirelessly to improve the overall healthcare landscape in its community, ensuring that all patients receive the care they need and deserve.
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Impact
July, 2024
Cape Fear Valley Medical Foundation Inc is dedicated to advancing healthcare in and around Cumberland County, NC. The foundation's impact can be seen through its various programs that assist children and cancer patients, both as outpatients and inpatients. Additionally, the foundation's general fund focuses on improving hospital services for patients at Cape Fear Valley Medical Center and their families. Overall, the foundation's programs have served a total of 222,328 patients, demonstrating its significant impact on the community's healthcare needs.
This information is meant to be a general summary of Cape Fear Valley Medical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $433,303
- Gross Receipts: $9,537,227
Assets and Liabilities:
- Total Assets: $12,218,606
- Total Liabilities: $15,753
- Net Assets: $12,202,853
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Organization Details
Founding Year
1995
Principal Officer
Bret Johnson
Website
www.capefearvalley.comNTEE Category
Code: P20 - Human services
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