Overview
What is Wellstar Foundation Inc?
The Wellstar Foundation, headquartered in Marietta, GA, is a charitable organization dedicated to supporting the noble initiatives of all WellStar Health System entities. Acting as the development and fundraising hub, its primary goal is to enhance the delivery of top-tier healthcare services that significantly contribute to the health and well-being of individuals in the community. The foundation is committed to collaborating with other healthcare providers with the shared vision of revolutionizing care delivery.
Official website here: www.wellstar.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating from Charity Navigator.
The Wellstar Foundation Inc has achieved a commendable Four-Star rating, reflecting its strong performance in Accountability and Finance. The overall score is high, with a notable focus on financial integrity and transparency. The organization demonstrates a robust governance structure with 78% independent board members and a comprehensive array of policies in place to ensure accountability.
Strengths of the Wellstar Foundation include a perfect score in several financial metrics, including zero material diversion of assets and a strong fundraising efficiency ratio at $0.15. The organization also benefits from an excellent working capital ratio, indicating sound financial health and operational sustainability. These factors contribute to the Foundation's ability to effectively utilize resources for its mission.
While the ratings highlight significant strengths, the assessment primarily reflects financial aspects, leaving out broader programmatic impact or community feedback. Thus, potential supporters may want to consider additional information regarding the Foundation's specific programs and outcomes to gauge its overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Wellstar Foundation Inc legitimate?
Wellstar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellstar 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,164,599
For more financial information, click here
Official website here: www.wellstar.org
What is the mission statement of Wellstar Foundation Inc?
The Wellstar Foundation is dedicated to championing the charitable endeavors of all organizations under the WellStar Health System umbrella. By providing essential resources, the foundation enables these organizations to deliver superior healthcare services that enhance the health and well-being of individuals. With a vision to collaborate with healthcare providers to revolutionize care delivery, the foundation serves as the development and fundraising hub for the organization. Based in Marietta, GA, the Wellstar Foundation's mission is to create a positive impact on the lives of people by supporting the philanthropic activities that foster improved health and well-being.
Official website here: www.wellstar.org
Who is the CEO of Wellstar Foundation Inc?
Candice L Saunders is the Principal Officer of Wellstar Foundation Inc. The CEO's salary of Wellstar Foundation Inc is $0 and their total compensation is $3,735,812.
Official website here: www.wellstar.org
What is the revenue of Wellstar Foundation Inc?
Wellstar Foundation Inc's revenue in 2022 was $14,916,009.
Official website here: www.wellstar.org
Who are the executives of Wellstar Foundation Inc and what are their salaries?
There 21 volunteers at Wellstar Foundation Inc.
Here are 29 key members and their salaries (Wellstar Foundation Inc's CEO's salary is $0 and their total compensation is $3,735,812):
- Compensation: $0
- Related: $3,624,780
- Other: $111,032
- Compensation: $0
- Related: $1,311,524
- Other: $110,899
- Compensation: $0
- Related: $840,201
- Other: $140,491
- Compensation: $0
- Related: $744,626
- Other: $95,754
- Compensation: $0
- Related: $758,718
- Other: $74,950
- Compensation: $0
- Related: $659,288
- Other: $35,012
- Compensation: $0
- Related: $486,086
- Other: $90,712
- Compensation: $0
- Related: $3,063
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.wellstar.org
Where can I find the form 990 for Wellstar Foundation Inc?
Wellstar Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wellstar.org
Learn more at the official website: www.wellstar.org
Mission Statement of Wellstar Foundation Inc
Wellstar Foundation Inc, a prominent charitable organization, is dedicated to boosting the philanthropic endeavors of all WellStar Health System entities. With a focus on community service and resource provision, this foundation serves as the development and fundraising hub for its affiliated organizations.
By championing charitable activities, Wellstar Foundation Inc plays a significant role in enhancing the quality of healthcare services offered by WellStar Health System. Its mission is geared towards creating and delivering top-notch health and wellness solutions that positively impact individuals. Furthermore, the organization aspires to collaborate with other healthcare providers to revolutionize care delivery.
Operating as the development and fundraising arm of WellStar Health System, Wellstar Foundation Inc channels resources and support towards various charitable initiatives. These efforts aim to address diverse community needs, ultimately contributing to the betterment of overall health and well-being. By fostering partnerships and providing essential tools, this foundation empowers its affiliated organizations to thrive and make a difference in the lives of countless individuals.
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Impact
October, 2024
Wellstar Foundation Inc significantly impacts the community by enhancing healthcare access and quality through its support of the WellStar Health System organizations. By focusing on charitable activities, the Foundation provides essential tools and facilities necessary for delivering high-quality healthcare services. Its mission is centered on improving individual health and well-being, which translates into tangible benefits for the community.
Moreover, the Foundation aims to collaborate with other healthcare providers to innovate and transform care delivery. This collaborative vision not only increases the effectiveness of healthcare services but also ensures that diverse community needs are met. By acting as the development and fundraising hub for WellStar Health System, the Foundation plays a crucial role in mobilizing resources that directly contribute to healthier outcomes for individuals and families in Marietta, Georgia, and the surrounding areas.
This information is meant to be a general summary of Wellstar 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 2022.
- Investment Income: $1,046,785
- Gross Receipts: $15,282,192
Assets and Liabilities:
- Total Assets: $42,111,336
- Total Liabilities: $3,441,533
- Net Assets: $38,669,803
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Organization Details
Founding Year
1984
Phone
(770) 956-7827Principal Officer
Candice L Saunders
Main Address
793 SAWYER ROAD, MARIETTA, GA, 300622222
Website
www.wellstar.orgNTEE Category
Code: T30 - Philanthropy
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