Overview
What is Erlanger Health System Foundations?
Erlanger Health System Foundation, also known as Erlanger Health System Foundation D/B/A, is a charitable organization dedicated to supporting the mission of Erlanger Health System and Children's Hospital at Erlanger. The foundation leverages donations to enhance compassionate patient care and invest in necessary services for underserved populations in the community. In FY2022, they funded various initiatives, such as a simulation center for healthcare staff training, advanced patient monitoring systems, EEG monitoring systems, mobile workstations, and low-dose CT lung screenings for uninsured patients. Additionally, they provided a portable X-ray machine, ultrasound machines, and retinal cameras for community health centers and speech therapy services for uninsured children at the Children's Hospital Speech & Audiology Department. Engaging the community to drive philanthropic and volunteer support is central to their mission of compassionately caring for people.
Official website here: www.erlangerfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Erlanger Health System Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 97% in the Accountability & Finance category, the foundation demonstrates strong governance practices, including a fully independent board and a robust audit and oversight committee. The foundation has maintained no material diversion of assets, ensuring transparency and trustworthiness in its operations.
The foundation excels in its financial management metrics, showcasing a program expense ratio of nearly 94%, which reflects its commitment to channeling funds directly into its programs. Additionally, its fundraising efficiency is noteworthy, with only $0.03 spent to raise a dollar, highlighting effective fundraising strategies. The organization also displays a healthy working capital ratio of 5.68 years, indicating long-term financial stability.
While the foundation’s metrics are largely positive, it is essential for potential donors and stakeholders to remain attentive to ongoing governance practices and community impact. Continued focus on strategic leadership and adaptability will be crucial for sustaining its high performance and addressing future challenges in the healthcare landscape. Overall, the Erlanger Health System Foundation stands out as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Erlanger Health System Foundations legitimate?
Erlanger Health System Foundations is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erlanger Health System Foundations 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.
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For more financial information, click here
Official website here: www.erlangerfoundation.org
What is the mission statement of Erlanger Health System Foundations?
The Erlanger Health System Foundation, operating under the name Erlanger Health System Foundations D/B/A, is committed to compassionately caring for people by engaging the community to drive philanthropic and volunteer support. Through charitable contributions, they support the mission of Erlanger Health System and Children's Hospital at Erlanger, enhancing their capabilities to provide quality healthcare. In the fiscal year 2022, several programs benefited from this generosity. A significant donation funded a new simulation center, providing high-tech training for clinical staff in a safe learning environment. Philanthropic donations also enabled the purchase of advanced monitors and EEG systems, improving patient monitoring and diagnostics. The foundation's philanthropic investments have a substantial impact on the community, making it possible to provide essential services to underserved populations.
Official website here: www.erlangerfoundation.org
Who is the CEO of Erlanger Health System Foundations?
Larvizo Wright is the Treasurer of Erlanger Health System Foundations.
Official website here: www.erlangerfoundation.org
What is the revenue of Erlanger Health System Foundations?
Erlanger Health System Foundations's revenue in 2022 was $3,079,966.
Official website here: www.erlangerfoundation.org
Who are the executives of Erlanger Health System Foundations and what are their salaries?
There 141 volunteers at Erlanger Health System Foundations.
Here are 33 key members and their salaries:
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Official website here: www.erlangerfoundation.org
Where can I find the form 990 for Erlanger Health System Foundations?
Erlanger Health System Foundations's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.erlangerfoundation.org
Learn more at the official website: www.erlangerfoundation.org
Mission Statement of Erlanger Health System Foundations
Erlanger Health System Foundations, also known as Erlanger Health System Foundation, is a charitable organization dedicated to compassionately caring for people by engaging the community to drive philanthropic and volunteer support. Their mission involves utilizing donations from various sources to support Erlanger Health System and Children's Hospital at Erlanger, enabling them to continue providing high-quality healthcare services.
The foundation's activities primarily focus on enhancing Erlanger's clinical environments and capabilities. In FY2022, several programs benefited from this philanthropy. For instance, a major donor funded a new simulation center, which is now available for use by all disciplines of the healthcare team. This innovative technology provides high-tech training for clinical staff in a safe learning environment, benefiting both the staff and patients. Additionally, new state-of-the-art monitors were installed in central stations in the pediatric intensive care unit (PICU) at Children's Hospital, allowing nurses to provide up-to-date patient monitoring care with confidence.
Moreover, Erlanger Western Carolina Hospital received resources to replace damaged mobile workstations for several departments, enabling nurses to carry necessary equipment during patient rounds. Charitable gifts also funded various services for underserved populations, such as a school-based telehealth program and low-dose CT lung screenings for uninsured patients. The foundation's philanthropic investments continue to make a significant impact in the community by providing much-needed funds to enhance Erlanger's clinical environments and capabilities.
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Impact
July, 2024
Erlanger Health System Foundation's impact is profound and far-reaching. Through charitable donations, they have enabled the development of crucial infrastructure and technology that directly benefits patients and healthcare providers. For example, their funding facilitated the establishment of a new Simulation Center, purchase of state-of-the-art monitors for the Pediatric Intensive Care Unit, and acquisition of an EEG monitoring system at Children's Hospital. This cutting-edge equipment enhances clinical training, patient monitoring, and diagnostic capabilities, ultimately improving the quality of care provided at Erlanger facilities.
Moreover, their philanthropic support extends to underserved populations, as demonstrated by initiatives like the school-based telehealth program and low-dose CT lung screenings for uninsured individuals. By facilitating access to healthcare services and advanced screenings, Erlanger Health System Foundation is actively contributing to the well-being of the community. Additionally, their contributions have enabled the provision of essential medical equipment, such as ultrasound machines and portable x-ray devices, which aid in diagnosing and treating various health conditions.
In essence, Erlanger Health System Foundation's impact is significant in enhancing healthcare services, supporting medical advancements, and fostering a culture of compassion and community engagement in the Chattanooga area and beyond.
This information is meant to be a general summary of Erlanger Health System Foundations. 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: -$25,698
- Gross Receipts: $4,611,026
Assets and Liabilities:
- Total Assets: $15,154,717
- Total Liabilities: $808,428
- Net Assets: $14,346,289
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Organization Details
Founding Year
1985
Phone
(423) 778-6600Principal Officer
Larvizo Wright
Main Address
975 EAST THIRD STREET B-508, CHATTANOOGA, TN, 37403
Website
www.erlangerfoundation.orgNTEE Category
Code: T30 - Philanthropy
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