Overview
What is Atrium Health Foundation?
Atrium Health Foundation is a North Carolina-based nonprofit organization dedicated to supporting cancer programs and research initiatives at Atrium Health hospitals. The foundation plays a crucial role in providing substantial operational funding to a range of cancer programs and research projects. Their mission encompasses inspiring transformational giving that aims to enhance health, instill hope, and promote healing for all. The foundation's commitment to Atrium Health extends beyond financial support, as they strive to create a positive impact and make a difference in people's lives through their initiatives.
Official website here: www.atriumhealthfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Atrium Health Foundation has achieved a high rating of 96%, reflecting strong accountability and financial practices. The score is derived solely from its Accountability & Finance metrics, which indicate a well-managed organization that prioritizes transparency and efficient use of resources.
The foundation boasts an independent board with all members meeting the criteria for independence, thereby ensuring unbiased governance. Their financial oversight is robust, highlighted by their comprehensive audit and oversight committee and a clean record of asset management. Key policies, such as conflict of interest and whistleblower protections, are firmly established and publicly available, further solidifying their commitment to ethical practices.
While the foundation demonstrates excellent financial ratios, including a high program expense ratio of 85.44% and minimal fundraising costs, there are areas for improvement. Notably, the audit report is missing from their website, which could enhance transparency for potential donors and stakeholders. Overall, Atrium Health Foundation is a strong performer with a commitment to responsible stewardship of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Atrium Health Foundation legitimate?
Atrium Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atrium Health 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:
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For more financial information, click here
Official website here: www.atriumhealthfoundation.org
What is the mission statement of Atrium Health Foundation?
The Atrium Health Foundation supports Atrium Health by inspiring transformational giving to enhance health, elevate hope, and advance healing for all. Their mission is to provide substantial operational funding for a range of cancer programs and research initiatives conducted by Atrium Health Hospitals. Through their contributions, they aim to make a significant impact on cancer care and research. The foundation is dedicated to making a difference in the lives of those affected by cancer by investing in innovative programs and research. Their commitment to cancer support is an essential part of their mission to improve overall health and wellbeing.
Official website here: www.atriumhealthfoundation.org
What is the revenue of Atrium Health Foundation?
Atrium Health Foundation's revenue in 2023 was $66,370,378.
Official website here: www.atriumhealthfoundation.org
Who are the executives of Atrium Health Foundation and what are their salaries?
There 300 volunteers at Atrium Health Foundation.
Here are 26 key members and their salaries:
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- Related: $1,313,014
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- Related: $133,391
- Other: $22,925
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- Related: $128,002
- Other: $18,973
Official website here: www.atriumhealthfoundation.org
Where can I find the form 990 for Atrium Health Foundation?
Atrium Health Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.atriumhealthfoundation.org
Learn more at the official website: www.atriumhealthfoundation.org
Mission Statement of Atrium Health Foundation
Atrium Health Foundation, a leading philanthropic organization, is dedicated to inspiring transformational giving that improves health, elevates hope, and advances healing for all, in support of Atrium Health. The foundation plays a pivotal role in providing substantial operational funding for a range of cancer programs and research initiatives conducted by Atrium Health Hospitals.
By investing in cancer programs and research, Atrium Health Foundation is making a significant impact on the lives of many. Through its generous contributions, the foundation enables Atrium Health to deliver cutting-edge treatments and innovative solutions to those affected by cancer. The foundation's commitment to this cause ensures that those in need have access to the best possible care, offering hope and healing to patients and their families during their most challenging moments.
Atrium Health Foundation's mission extends beyond financial support, as it also fosters a culture of collaboration and innovation within the healthcare community. By working closely with Atrium Health, the foundation is able to identify emerging trends and emerging needs in cancer care, enabling it to direct its resources where they will have the greatest impact. Together, Atrium Health Foundation and Atrium Health are making a profound difference in the lives of cancer patients, providing hope and healing to those who need it most.
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Impact
October, 2024
Atrium Health Foundation significantly enhances healthcare services by providing vital support for various programs and facilities within Atrium Health. This includes substantial funding for cancer programs and research initiatives conducted across Atrium Health hospitals. By inspiring transformational giving, the foundation plays a critical role in improving health outcomes, elevating hope, and advancing healing for individuals in the community. Based in Charlotte, NC, the foundation's efforts not only bolster operational funding but also foster innovation in health care, ultimately benefiting countless patients.
This information is meant to be a general summary of Atrium Health 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: $8,242,454
- Gross Receipts: $136,749,875
Assets and Liabilities:
- Total Assets: $469,651,254
- Total Liabilities: $6,827,691
- Net Assets: $462,823,563
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Organization Details
Founding Year
1959
Principal Officer
Armando L Chardiet
NTEE Category
Code: E120 - Health
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