Overview
What is University Of Louisville Research Foundation?
The University of Louisville Research Foundation is a nonprofit organization based in Louisville, Kentucky, located at 2215 S Brook Street, ZIP code 40208. Its primary role is to manage and facilitate financial activities connected to the services offered by the University of Louisville's Health Sciences Center and approximately 1,100 physician faculty within the School of Medicine. The School of Medicine staffs over 250 clinics across a multi-state area, and during the fiscal year, they welcomed 70 new providers and 5 new locations to serve the community, offered treatment in over 950,000 individual patient visits, added over 90,000 new patients to the UofL Health System, and established partnerships with Carroll County Memorial Hospital and Taylor County Regional Hospital for clinical services. The University of Louisville Research Foundation exists to promote and support research projects, investigations, clinical services, and other activities that align with the University of Louisville's missions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The University of Louisville Research Foundation has received a Three-Star rating from Charity Navigator, with a score of 79%. This rating is based entirely on accountability and finance, highlighting the organization’s strong oversight and governance practices. It boasts a majority independent board, with 76% of members being independent, which supports transparency and accountability in its operations.
The foundation demonstrates robust financial health, with an impressive program expense ratio of 98.55%, indicating that nearly all funds are directed towards its programs rather than administrative costs. Additionally, it has no reported issues regarding the diversion of assets, and it maintains comprehensive policies for conflict of interest and whistleblower protections. This suggests a well-structured approach to governance and public trust.
However, the organization faces a limitation with its liabilities to assets ratio, scoring 0 out of 15 points, which may raise concerns about financial stability. Despite this, the overall financial practices and commitment to accountability position the foundation favorably within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Louisville Research Foundation legitimate?
University Of Louisville Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Louisville Research Foundation 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 University Of Louisville Research Foundation?
The University of Louisville Research Foundation is dedicated to fostering research projects, investigations, and clinical services that align with the University of Louisville's overall missions. By providing financial support to these initiatives, the foundation plays a crucial role in enhancing the research and healthcare services offered by the university.
During the fiscal year, the foundation managed financial activities related to services offered by the UofL Health Sciences Center and its 1,100 physician faculty. These services extended beyond the local community, with the faculty staffing 250 clinics across a multi-state region.
The foundation's efforts led to several notable achievements, including the addition of 70 new providers and 5 new locations, which further expanded the reach of healthcare services. In terms of patient care, the foundation facilitated over 950,000 separate patient visits and added more than 90,000 new patients to the UofL Health System.
Additionally, the foundation forged regional partnerships with Carroll County Memorial Hospital and Taylor County Regional Hospital to broaden the scope of clinical services provided. These collaborations underscored the foundation's commitment to promoting research, investigations, and healthcare services that positively impact the community.
Who is the CEO of University Of Louisville Research Foundation?
Unavailable
What is the revenue of University Of Louisville Research Foundation?
University Of Louisville Research Foundation's revenue in 2022 was $675,356,464.
Who are the executives of University Of Louisville Research Foundation and what are their salaries?
There 12 volunteers at University Of Louisville Research Foundation.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $105,338
- Other: $28,703
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $68,374
- Other: $21,268
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $9,218
- Other: $0
- Compensation: $0
- Related: $419,535
- Other: $50,282
- Compensation: $0
- Related: $1,019,261
- Other: $48,884
- Compensation: $0
- Related: $426,957
- Other: $51,545
- Compensation: $0
- Related: $306,218
- Other: $41,190
- Compensation: $0
- Related: $80,583
- Other: $20,840
- Compensation: $0
- Related: $371,706
- Other: $40,259
- Compensation: $0
- Related: $323,302
- Other: $43,156
- Compensation: $0
- Related: $168,471
- Other: $39,907
Where can I find the form 990 for University Of Louisville Research Foundation?
University Of Louisville Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Louisville Research Foundation
The University of Louisville Research Foundation serves a crucial role in advancing research projects, investigations, clinical services, and various activities aligned with the University of Louisville's missions. Established with this purpose, the Foundation supports the academic community by housing financial activities related to the services offered by the University of Louisville Health Sciences Center and its over 1,100 physician faculty within the School of Medicine.
The School of Medicine, staffed by these faculty members, manages 250 clinics across a multi-state region. During the fiscal year, they expanded their reach by adding 70 new providers and five new locations, ensuring they cater to the needs of their local community and the Commonwealth. The Foundation's efforts translate to substantial impact, as the School of Medicine treated over 950,000 separate patient visits and added more than 90,000 new patients to the UofL Health System. Furthermore, the Foundation fostered regional partnerships with Carroll County Memorial Hospital and Taylor County Regional Hospital to provide essential clinical services. These collaborations broaden the Foundation's reach and further strengthen the health care system.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The University of Louisville Research Foundation significantly enhances the research and clinical landscape in Kentucky and beyond. By promoting and supporting various research projects and investigations, it plays a critical role in advancing medical knowledge and improving healthcare services.
This foundation directly supports the University of Louisville's Health Sciences Center, which employs over 1,100 physician faculty members within the School of Medicine. These faculty provide extensive clinical services across 250 clinics in a multi-state region. In the latest fiscal year, they welcomed 70 new providers and opened five new locations, ensuring greater access to healthcare for the local community and across the Commonwealth.
The foundation's impact is evident in its impressive patient care statistics, which include over 950,000 separate patient visits and the addition of more than 90,000 new patients to the UofL Health System. Moreover, it has established regional partnerships with hospitals like Carroll County Memorial Hospital and Taylor County Regional Hospital, further extending its clinical services.
Overall, the University of Louisville Research Foundation is a pivotal entity that not only drives research initiatives but also plays a fundamental role in enhancing patient care and expanding healthcare access in the region.
This information is meant to be a general summary of University Of Louisville Research Foundation. 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: $29,504
- Program Service Revenue: $405,205,756
- Gross Receipts: $676,863,818
Assets and Liabilities:
- Total Assets: $946,253,585
- Total Liabilities: $737,973,402
- Net Assets: $208,280,183
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Clinical Services
Revenue
$398,453,960
Other Research Projects and Services
Revenue
$5,993,142
Conferences and training
Revenue
$758,654
Organization Details
Founding Year
1984
Phone
(502) 852-6164Main Address
2215 S Brook Street, Louisville, KY, 402082772
NTEE Category
Code: B050 - Education
If you are a representative of University Of Louisville Research Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.