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Bethesda Hospital Foundation Inc

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

EIN: 596137805 ✦ Boynton beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bethesda Hospital Foundation Inc?

Bethesda Hospital Foundation Inc, a 65-year-old nonprofit organization based in Boynton Beach, Florida, raises funds to enhance the provision of excellent healthcare services in their local community. With Bethesda's expanding role as a healthcare leader and the growing population they serve, the Foundation's initiatives have advanced significantly, culminating in the opening of Palm Beach County's newest hospital in 2013. By managing and disbursing philanthropic assets and fostering community support for the hospital, Bethesda Hospital Foundation plays a crucial role in helping the hospital achieve its mission. With a team of ten dedicated individuals, they strive to secure resources and build strong relationships within their community.


Official website here: www.bethesdaweb.com/ways-to-give

What are the reviews and ratings of this charity?

Charity Navigator Rating 94% - Four-Star out of Four Stars .ating.

Bethesda Hospital Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization has achieved a high score of 94% in this category, reflecting its commitment to transparency and effective financial management. Key strengths include having a majority of independent board members and no material diversion of assets, demonstrating a robust governance structure.

The foundation excels in areas such as its audit and oversight processes, as evidenced by scoring full points in financial statements and the absence of any loans or liabilities to officers. Additionally, the organization maintains comprehensive policies related to conflict of interest and whistleblower protections, further showcasing its accountability practices. The website is appropriately listed on tax forms, ensuring that stakeholders have access to essential information.

However, the program expense ratio stands at 64.34%, which, while respectable, may suggest that there is room for improvement in allocating funds toward direct programmatic activities. Overall, Bethesda Hospital Foundation Inc presents a solid financial standing and governance structure, making it a trustworthy choice for potential donors.


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

Is Bethesda Hospital Foundation Inc legitimate?

Bethesda Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethesda Hospital 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: $666,256

For more financial information, click here


Official website here: www.bethesdaweb.com/ways-to-give

What is the mission statement of Bethesda Hospital Foundation Inc?

The Bethesda Hospital Foundation is a non-profit organization dedicated to supporting Bethesda Hospital in fulfilling its mission. It achieves this by managing and dispersing philanthropic assets and fostering community support for the hospital. With the hospital's expanding role in regional healthcare and the growth of the community it serves, the foundation plays a crucial part in raising funds to ensure world-class healthcare for every resident. The Bethesda Hospital Foundation, with its long-standing history of over 65 years, continues to prepare for the future and uphold quality care for all within the community.


Official website here: www.bethesdaweb.com/ways-to-give

Who is the CEO of Bethesda Hospital Foundation Inc?

Unavailable The CEO's salary of Bethesda Hospital Foundation Inc is $0 and their total compensation is $1,088,600.


Official website here: www.bethesdaweb.com/ways-to-give

What is the revenue of Bethesda Hospital Foundation Inc?

Bethesda Hospital Foundation Inc's revenue in 2021 was $15,727,989.


Official website here: www.bethesdaweb.com/ways-to-give

Who are the executives of Bethesda Hospital Foundation Inc and what are their salaries?

The average compensation at Bethesda Hospital Foundation Inc during 2021 was $66,626. There are 10 employees and 165 volunteers at Bethesda Hospital Foundation Inc.


Here are 17 key members and their salaries (Bethesda Hospital Foundation Inc's CEO's salary is $0 and their total compensation is $1,088,600):


John R Pasqual Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Stolfi Rinella (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael M Mccarthy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pascal J Liguori (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Anne Schilling (Director, Beg 10/2020)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles L White Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles W Bowie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary J Blum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Litinsky Md Mba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stormet C Norem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Gurne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Litinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Lazo (Ceo)
  • Compensation: $0
  • Related: $944,872
  • Other: $143,728
Barbara M James (Vp Development And Support)
  • Compensation: $241,850
  • Related: $0
  • Other: $23,622
John Landry-Odell (Dir Development, End 2/2021)
  • Compensation: $161,324
  • Related: $0
  • Other: $15,319
Roger L Kirk (Former President)
  • Compensation: $0
  • Related: $912,134
  • Other: $1,994


Official website here: www.bethesdaweb.com/ways-to-give

Where can I find the form 990 for Bethesda Hospital Foundation Inc?

Bethesda Hospital Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.bethesdaweb.com/ways-to-give

Learn more at the official website: www.bethesdaweb.com/ways-to-give

Mission Statement of Bethesda Hospital Foundation Inc

Bethesda Hospital Foundation, a not-for-profit organization, exists to support and benefit Bethesda Hospital. Its primary objective is to help the hospital accomplish its mission by managing and dispersing philanthropic assets, and by fostering community support for the hospital.

For over 65 years, Bethesda Hospital Foundation has been raising funds to provide top-tier healthcare in the community. As Bethesda Hospital continues to expand its role as a regional healthcare leader and the community it serves grows, the Foundation's plans have progressed rapidly. With the opening of Palm Beach County's newest hospital in January 2013, Bethesda is preparing for the future and ensuring quality care for every resident in the community. Through the acquisition, management, and disbursement of philanthropic assets, the Foundation plays a crucial role in helping Bethesda Hospital provide excellent healthcare services to those it serves. By building and maintaining community support, the Foundation continues to make a significant impact on the lives of many.

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Impact




October, 2024

Bethesda Hospital Foundation Inc significantly enhances healthcare delivery in the Boynton Beach community by securing and managing philanthropic resources to support Bethesda Hospital. With over 65 years of dedication, the foundation plays a crucial role in facilitating world-class healthcare services, equipping the hospital to meet the growing demands of the community.

The foundation has been instrumental in the strategic expansion of healthcare services, exemplified by the opening of Palm Beach County's newest hospital in January 2013. This expansion reflects both the foundation's commitment and the support of the community in preparing for the future of healthcare. By fostering relationships and building community awareness, Bethesda Hospital Foundation ensures that every resident has access to quality medical care.

Ultimately, its impact is measured by the enhanced healthcare capabilities of Bethesda Hospital, which strives to provide excellent and compassionate care to its patients, ensuring that the health needs of the Boynton Beach community are effectively met now and in the future.




This information is meant to be a general summary of Bethesda Hospital 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.

Revenue
$15,727,989 (2021)
Expenses
$13,092,349 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3,239,485
  • Gross Receipts: $54,825,151

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1947

Main Address

2815 S SEACREST BLVD, BOYNTON BEACH, FL, 33435

NTEE Category

Code: E22 - Health

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