Overview
What is Spartanburg Regional Healthcare System Foundation?
The Spartanburg Regional Healthcare System Foundation is a nonprofit organization based in Spartanburg, South Carolina, with an address at 1692 SKYLYN DRIVE. Their primary mission is to support the health and wellbeing of the community by providing financial assistance for specific projects that align with donor-imposed restrictions. In the fiscal year 2022, they funded over 60 projects, achieving numerous accomplishments. For instance, they served 7,000 adolescents through teen pregnancy prevention programs, provided over 28,000 meals to seniors, purchased a new mobile mammography unit, and assisted over 700 patients with various medical needs. The foundation also supports Spartanburg Regional Healthcare System with funding for the Multidisciplinary Cancer Center, which started treating patients in 2020.
Official website here: www.regionalfoundation.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 100% (Four-Star out of Four Stars)**
The Spartanburg Regional Healthcare System Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. This high score demonstrates the foundation's commitment to transparency and responsible financial management, with 100% of its board members being independent and a well-structured oversight committee in place.
The organization excels in maintaining a low liabilities to assets ratio and a robust program expense ratio, ensuring that the majority of its resources are directed toward impactful programs. However, it is noteworthy that the charity has not been scored on its Impact & Measurement, Culture & Community, or Leadership & Adaptability, which may leave some stakeholders wanting more information on these aspects of its operations.
Unfortunately, user reviews from GreatNonprofits could not be fetched, so additional insight from the public's perspective is not available at this time. Overall, the Spartanburg Regional Healthcare System Foundation appears to be a financially sound organization dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Spartanburg Regional Healthcare System Foundation legitimate?
Spartanburg Regional Healthcare System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spartanburg Regional Healthcare System 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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Other Salaries and Wages: $786,123
For more financial information, click here
Official website here: www.regionalfoundation.com
What is the mission statement of Spartanburg Regional Healthcare System Foundation?
The Spartanburg Regional Healthcare System Foundation's mission is centered around providing financial support for the Spartanburg Regional Healthcare System (SRHS). The foundation strives to promote health within the community by funding specific projects that enhance overall wellbeing, adhering to donor-imposed restrictions. Furthermore, the foundation awards grants to SRHS and other community organizations with a focus on health and wellness. By doing so, they contribute to the betterment of the community's health and wellbeing.
Official website here: www.regionalfoundation.com
Who is the CEO of Spartanburg Regional Healthcare System Foundation?
Kristy Caradori is the Chair of Spartanburg Regional Healthcare System Foundation.
Official website here: www.regionalfoundation.com
What is the revenue of Spartanburg Regional Healthcare System Foundation?
Spartanburg Regional Healthcare System Foundation's revenue in 2022 was $9,433,693.
Official website here: www.regionalfoundation.com
Who are the executives of Spartanburg Regional Healthcare System Foundation and what are their salaries?
There 82 volunteers at Spartanburg Regional Healthcare System Foundation.
Here are 23 key members and their salaries:
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- Related: $425,613
- Other: $16,885
Official website here: www.regionalfoundation.com
Where can I find the form 990 for Spartanburg Regional Healthcare System Foundation?
Spartanburg Regional Healthcare System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.regionalfoundation.com
Learn more at the official website: www.regionalfoundation.com
Mission Statement of Spartanburg Regional Healthcare System Foundation
The Spartanburg Regional Healthcare System Foundation's mission is centered around providing financial support for the Spartanburg Regional Healthcare System (SRHS). This nonprofit organization promotes health and wellbeing within the community by funding specific projects that align with donor-imposed restrictions. The Foundation goes beyond just providing financial aid, as it also awards grants to SRHS and other community organizations with a focus on health and wellness. By doing so, the Spartanburg Regional Healthcare System Foundation plays a significant role in supporting the wellbeing of the community, ensuring that essential healthcare projects are carried out effectively.
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Impact
July, 2024
Spartanburg Regional Healthcare System Foundation has had a significant impact on the community by supporting various health and wellness initiatives. Through grants and contributions, the Foundation has made a difference in the lives of individuals by funding projects that promote health and wellbeing.
For example, the Foundation served 7,000 adolescents through evidence-based teen pregnancy prevention programs, provided over 28,000 meals to seniors, purchased a new mobile mammography unit and trailer, and offered financial assistance to more than 700 patients for prescriptions, medical equipment, and other necessities during treatment. Additionally, the Foundation has supported Spartanburg Regional Healthcare System with funding for the Multidisciplinary Cancer Center, which started treating patients in 2020.
Overall, Spartanburg Regional Healthcare System Foundation's impact can be seen in the tangible improvements in the health and quality of life of individuals in the community.
This information is meant to be a general summary of Spartanburg Regional Healthcare System 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 2022.
- Investment Income: $2,477,849
- Gross Receipts: $22,535,688
Assets and Liabilities:
- Total Assets: $49,277,778
- Total Liabilities: $1,283,772
- Net Assets: $47,994,006
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Organization Details
Founding Year
1991
Phone
(864) 560-6727Principal Officer
Kristy Caradori
Main Address
1692 SKYLYN DRIVE, SPARTANBURG, SC, 29307
Website
www.regionalfoundation.comNTEE Category
Code: E22I - Health
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