Endowment Fund Of The Georgia Medical Society Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581574074 ✦ Savannah, GA ✦ Designated as a 501(c)(3)

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Overview

What is Endowment Fund Of The Georgia Medical Society Inc?

The Endowment Fund of the Georgia Medical Society Inc., located at 5201 Frederick Street, Savannah, GA 31405, is a charitable organization established to support the objectives of the Georgia Medical Society. Their primary mission involves promoting medical evaluation and ethics, in line with the society's values. The Endowment Fund serves as a means to carry out various initiatives under the umbrella of the Georgia Medical Society. Although specific programs or services provided by the Endowment Fund are not detailed in the information, it is clear that they contribute to the broader goals of the Georgia Medical Society.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Endowment Fund of the Georgia Medical Society Inc has received a low rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity's overall score is derived solely from its Accountability & Finance metrics, where it earned a score of 33%. This score highlights critical areas of non-compliance, particularly the absence of essential policies, such as a conflict of interest policy and a whistleblower policy.

Despite scoring well in certain governance aspects, such as having a fully independent board, the charity suffers from transparency issues, including a missing website link on its tax form. Financial management also raises concerns, as the program expense ratio is relatively low at 38.08%, which may suggest insufficient resources allocated to its intended charitable activities.

Overall, while the organization maintains an independent board and has no reported material diversion of assets, the lack of key policies and insufficient program expenses indicate that potential donors should exercise caution and seek further information before contributing.


This AI summary has been generated from information found on Charity Navigator.

Is Endowment Fund Of The Georgia Medical Society Inc legitimate?

Endowment Fund Of The Georgia Medical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endowment Fund Of The Georgia Medical Society 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Endowment Fund Of The Georgia Medical Society Inc?

The Endowment Fund of the Georgia Medical Society Inc. was established with the objective of supporting and promoting the principles of medical evaluation and ethics, as aligned with the Georgia Medical Society. Its mission is to advance and carry out the goals of the Georgia Medical Society. The fund primarily provides general support to the Georgia Medical Society Inc., aiming to contribute to its broader objectives and initiatives.

What is the revenue of Endowment Fund Of The Georgia Medical Society Inc?

Endowment Fund Of The Georgia Medical Society Inc's revenue in 2023 was $20,221.

Who are the executives of Endowment Fund Of The Georgia Medical Society Inc and what are their salaries?

Here are 3 key members and their salaries:


Fred L Daniel Md (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zoller Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
O Emerson Ham Md (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Endowment Fund Of The Georgia Medical Society Inc?

Endowment Fund Of The Georgia Medical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Endowment Fund Of The Georgia Medical Society Inc

The Endowment Fund of the Georgia Medical Society Inc was established with a mission to uphold the objectives of the Georgia Medical Society. Specifically, this fund aims to promote medical evaluation and ethics, contributing generally to the support of the Georgia Medical Society Inc. The endowment fund serves as a vital tool in carrying out the society's broader mission, ensuring the ethical and responsible practice of medicine in Georgia.

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Impact




October, 2024

The Endowment Fund of the Georgia Medical Society Inc plays a significant role in promoting medical evaluation and ethics within the medical community in Georgia. By providing general support to the Georgia Medical Society, it helps facilitate initiatives that enhance medical standards, uphold ethical practices, and address various challenges within the healthcare system. The Fund ensures that the society can operate effectively, enabling it to focus on its core mission of advancing medical knowledge and improving patient care. Its contributions help foster a culture of excellence among healthcare professionals, benefiting not only practitioners but also patients throughout the state. Through its activities, the Endowment Fund strengthens the overall health infrastructure in Georgia, ultimately impacting the quality of healthcare delivery in the region.




This information is meant to be a general summary of Endowment Fund Of The Georgia Medical Society 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.

Revenue
$20,221 (2023)
Expenses
$21,110 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $33,131
  • Gross Receipts: $261,179

Assets and Liabilities:

  • Total Assets: $1,057,819
  • Total Liabilities: $0
  • Net Assets: $1,057,819

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Organization Details

Founding Year

1984

Principal Officer

Fred L Daniel Md

NTEE Category

Code: T00 - Philanthropy

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