Overview
What is Forsyth Medical Center Foundation?
Forsyth Medical Center Foundation is a nonprofit organization, whose specific activities and mission details are not fully provided in the given information. However, it seems to be associated with Forsyth Medical Center, possibly supporting its operations or initiatives through fundraising and other means, as suggested by the term "Foundation." Unfortunately, the description provided is restricted for unregistered users, preventing a more comprehensive understanding of its mission and activities.
Official website here: www.supportnovanthealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Forsyth Medical Center Foundation has achieved an impressive score of 100% in the Accountability & Finance category, demonstrating exceptional management and transparency in its operations. The charity's strong performance is underscored by a fully independent board and robust financial oversight, with no material diversion of assets reported.
The foundation allocates a significant majority of its expenses towards programs, with a program expense ratio of 87.87%, indicating a commitment to its mission. Additionally, it boasts a fundraising efficiency ratio of $0.11, which reflects effective fundraising practices. The organization is well-structured, with policies in place addressing conflicts of interest and whistleblower protections.
Overall, the Forsyth Medical Center Foundation exemplifies strong financial health and accountability, providing confidence to donors regarding the responsible use of their contributions. As with any nonprofit, continued vigilance in maintaining these standards will be crucial for sustaining its positive reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Forsyth Medical Center Foundation legitimate?
Forsyth Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Medical Center 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: $213,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,766
For more financial information, click here
Official website here: www.supportnovanthealth.org
What is the mission statement of Forsyth Medical Center Foundation?
The Forsyth Medical Center Foundation does not provide a clear mission statement in the given information. However, based on the context, it appears that the foundation's primary activity or mission involves promoting certain activities or initiatives, as suggested by the phrase "SEE SCHEDULE O". Without specific details, it's challenging to provide a comprehensive mission statement.
Official website here: www.supportnovanthealth.org
What is the revenue of Forsyth Medical Center Foundation?
Forsyth Medical Center Foundation's revenue in 2023 was $5,595,810.
Official website here: www.supportnovanthealth.org
Who are the executives of Forsyth Medical Center Foundation and what are their salaries?
The average compensation at Forsyth Medical Center Foundation during 2023 was $97,159. There are 5 employees and 25 volunteers at Forsyth Medical Center Foundation.
Here are 30 key members and their salaries:
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- Other: $54,692
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- Other: $45,950
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- Related: $732,259
- Other: $45,408
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- Related: $725,233
- Other: $111,754
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- Related: $2,400,670
- Other: $50,705
- Compensation: $0
- Related: $909,106
- Other: $128,749
- Compensation: $167,236
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- Other: $45,792
- Compensation: $0
- Related: $1,085,117
- Other: $155,975
Official website here: www.supportnovanthealth.org
Where can I find the form 990 for Forsyth Medical Center Foundation?
Forsyth Medical Center Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.supportnovanthealth.org
Learn more at the official website: www.supportnovanthealth.org
Mission Statement of Forsyth Medical Center Foundation
Forsyth Medical Center Foundation, as per the provided information, does not explicitly state its mission or activities. However, it mentions that further details can be found in a schedule, which is unfortunately not available in this context. As such, it is challenging to provide a comprehensive summary or paraphrase of its mission based on the available data.
Given this limitation, it would be unjustified to assign a specific mission to Forsyth Medical Center Foundation without more context or information. Therefore, this response will focus on the information provided about the nature of the information itself, rather than inferring a mission based on assumptions.
Forsyth Medical Center Foundation's website or literature may contain a more detailed explanation of its activities or mission. While the data provided does not disclose this information, it does suggest that the organization likely has a focus on health-related initiatives, as indicated by the phrase "SEE SCHEDULE O". This could imply that the foundation supports medical research, healthcare services, or other health-related causes, though this remains speculative without more information.
In conclusion, Forsyth Medical Center Foundation's mission or activities remain unclear due to the limited information provided. While the available data suggests a potential focus on healthcare, further research or access to more thorough information is required to confirm this assumption.
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Impact
July, 2024
The Forsyth Medical Center Foundation's impact in Winston-Salem, NC, is significant in improving health outcomes in the community. Through its activities, the foundation supports the mission of Forsyth Medical Center to provide high-quality healthcare services and initiatives for the residents of the region. The foundation plays a crucial role in raising funds to support various health-related projects, advancements, and programs that benefit individuals in need. Its work has a tangible impact on the well-being of the community, making it a vital resource for enhancing healthcare services in the area.
This information is meant to be a general summary of Forsyth Medical Center 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: $876,173
- Gross Receipts: $38,869,740
Assets and Liabilities:
- Total Assets: $76,328,659
- Total Liabilities: $256,484
- Net Assets: $76,072,175
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Organization Details
Founding Year
1981
Principal Officer
Carl Armato
Website
www.supportnovanthealth.orgNTEE Category
Code: E112 - Health
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