Overview
What is Robert W Woodruff Health Sciences Center Fund Inc?
Robert W Woodruff Health Sciences Center Fund Inc is a nonprofit organization based in Atlanta, Georgia. Their primary mission is to provide financial support and benefits to the Robert W. Woodruff Health Sciences Center, a division of Emory University. This division encompasses the schools of medicine, nursing, and public health, as well as the medical research laboratories and hospitals. A significant portion of the organization's annual funding, over half, goes towards the Winship Cancer Institute at Emory University, which is Georgia's only National Cancer Institute (NCI)-designated comprehensive cancer center. This funding is allocated to recruit and retain faculty, support research projects, clinical trials, information technology, data management, biostatistics and bioinformatics programs, administration, shared resources, and NCI cancer center support grant. Almost half of the distributions to Winship are used to pay for facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
The Robert W Woodruff Health Sciences Center Fund Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score reflects its strong performance in accountability and finance metrics, with a particularly high program expense ratio of 99.34%, suggesting that the majority of its funds are directed towards its mission-related activities.
Strengths of the organization include a fully independent board, which demonstrates a commitment to governance and oversight, as well as a comprehensive conflict of interest policy. The charity has also shown no material diversion of assets and maintains a strong liability to assets ratio of 0.00%, indicating sound financial management and stability.
However, while the accountability and finance aspects are commendable, there may be limited information regarding other operational factors such as fundraising efficiency or impact metrics. Overall, the charity appears to be well-managed, but stakeholders may benefit from a broader view of its effectiveness beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Robert W Woodruff Health Sciences Center Fund Inc legitimate?
Robert W Woodruff Health Sciences Center Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robert W Woodruff Health Sciences Center Fund 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: $164,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,446
For more financial information, click here
What is the mission statement of Robert W Woodruff Health Sciences Center Fund Inc?
The Robert W Woodruff Health Sciences Center Fund Inc is dedicated to making grants and carrying out activities to support and benefit Emory University's Robert W. Woodruff Health Sciences Center. This division encompasses the schools of medicine, nursing, and public health, as well as medical research laboratories and hospitals. The Fund's primary goal is to distribute annual funding to various programs and facilities, with a significant portion allocated to the Winship Cancer Institute at Emory University. The grants are utilized to recruit and retain faculty, fund research projects, and support clinical trials in cancer prevention, detection, and treatment. Additionally, funds are allocated for information technology and data management, biostatistics and bioinformatics programs, and administrative support for the cancer center. Almost half of the distributions to Winship are designated for facility expenses.
Who is the CEO of Robert W Woodruff Health Sciences Center Fund Inc?
P Russell Hardin is the Trustee Chairman of Robert W Woodruff Health Sciences Center Fund Inc.
What is the revenue of Robert W Woodruff Health Sciences Center Fund Inc?
Robert W Woodruff Health Sciences Center Fund Inc's revenue in 2023 was $94,265,802.
Who are the executives of Robert W Woodruff Health Sciences Center Fund Inc and what are their salaries?
The average compensation at Robert W Woodruff Health Sciences Center Fund Inc during 2023 was $18,565. There are 14 employees at Robert W Woodruff Health Sciences Center Fund Inc.
Here are 10 key members and their salaries:
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $159,983
- Other: $26,138
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $204,889
- Related: $0
- Other: $9,797
- Compensation: $33,621
- Related: $0
- Other: $5,267
- Compensation: $29,732
- Related: $0
- Other: $6,146
Where can I find the form 990 for Robert W Woodruff Health Sciences Center Fund Inc?
Robert W Woodruff Health Sciences Center Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Robert W Woodruff Health Sciences Center Fund Inc
The Robert W. Woodruff Health Sciences Center Fund Inc is a philanthropic organization that is dedicated to making grants and carrying out activities to support and benefit the Robert W. Woodruff Health Sciences Center at Emory University. This division of Emory University encompasses the schools of medicine, nursing, and public health, as well as its medical research laboratories and hospitals.
In more detail, the Robert W. Woodruff Health Sciences Center Fund Inc works to provide financial assistance to the various programs and facilities under the umbrella of the Robert W. Woodruff Health Sciences Center. A significant portion of the annual funding is allocated to the Winship Cancer Institute at Emory University. This institute is Georgia's only NCI-designated comprehensive cancer center. The grants distributed by the Woodruff Fund are instrumental in supporting the institute's mission to recruit and retain faculty with dual appointments at Emory's medical school and the Winship Cancer Institute. Additionally, the funds are used to finance substantial research projects in cancer prevention, detection, and treatment.
Another substantial allocation of the program funds goes toward supporting Winship's clinical trials program. Furthermore, the Woodruff Fund provides resources for information technology and data management, as well as for the biostatistics and bioinformatics programs at the center. Lastly, the Fund's distributions help pay for administrative expenses, shared resources, and the NCI cancer center support grant. In summary, the Robert W. Woodruff Health Sciences Center Fund Inc plays a vital role in advancing the research, education, and clinical care initiatives at the Robert W. Woodruff Health Sciences Center at Emory University.
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Impact
October, 2024
Robert W. Woodruff Health Sciences Center Fund Inc significantly enhances healthcare and medical research within Emory University, particularly through its robust support of the Winship Cancer Institute. As Georgia's only NCI-designated comprehensive cancer center, Winship is a crucial entity for cancer prevention, detection, and treatment in the region.
The Fund provides substantial financial resources that aid in the recruitment and retention of top-tier faculty for both Emory's medical school and the Winship Cancer Institute. These investments not only bolster educational excellence but also empower groundbreaking faculty research projects aimed at tackling cancer more effectively.
A significant portion of the funding—over one-third—supports clinical trials, facilitating innovative treatments that directly benefit patients. The Fund also allocates resources toward vital information technology, data management, biostatistics, and bioinformatics programs, enhancing the operational capacity and research prowess of the Winship Cancer Institute.
Moreover, nearly half of the distributions allocated to Winship are utilized for the development and maintenance of essential facilities, ensuring that cutting-edge environments are available for research and patient care. Through strategic financial support, the Woodruff Fund fosters advancements in healthcare education and research, making a profound impact on health outcomes in Georgia and beyond.
This information is meant to be a general summary of Robert W Woodruff Health Sciences Center Fund 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 2023.
- Investment Income: $76,765,766
- Gross Receipts: $562,279,587
Assets and Liabilities:
- Total Assets: $1,162,091,366
- Total Liabilities: $386
- Net Assets: $1,162,090,980
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Organization Details
Founding Year
1996
Phone
(404) 522-6755Principal Officer
P Russell Hardin
Main Address
191 Peachtree Street NE 3540, Atlanta, GA, 30303
NTEE Category
Code: B110 - Education
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