Overview
What is Blount Memorial Foundation?
Blount Memorial Foundation is a nonprofit organization situated in Maryville, Tennessee. Its primary mission is to ensure equitable access to comprehensive healthcare, irrespective of insurance coverage. The foundation provides funding for specialized tools essential for pediatric rehabilitation when families face financial constraints. These tools have been proven to significantly improve children's academic performance and overall independence. In addition to supporting these initiatives, Blount Memorial Foundation advocates for programs that promote community health and well-being, with a particular focus on uninsured and underserved populations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Blount Memorial Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored 97% overall, determined entirely by its Accountability & Finance score. This high rating signifies that the foundation operates with transparency and reliability, making it a trustworthy option for potential donors.
One of the foundation's significant strengths is its governance structure, with a fully independent board consisting of 15 members. The organization has also demonstrated effective policies in place, including conflict of interest and whistleblower policies, which contribute to its ethical management. Furthermore, the foundation maintains a low liabilities-to-assets ratio of 0.63%, indicating a solid financial footing.
On the program expense front, the foundation excels with a program expense ratio of 97.16%, highlighting that nearly all of its expenses are directed toward its charitable programs. No material diversions of assets have been reported, reinforcing its operational integrity. Overall, the Blount Memorial Foundation showcases a robust framework for accountability and financial performance, making it a commendable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Blount Memorial Foundation legitimate?
Blount Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blount Memorial 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.
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What is the mission statement of Blount Memorial Foundation?
The Blount Memorial Foundation's mission is to offer support and advocacy for programs that enhance the health and well-being of the entire community, with a particular focus on the uninsured and underserved individuals. Their objective is to provide access to comprehensive care, irrespective of insurance status, and fund specialized tools for pediatric rehabilitation when families are financially unable to cover these expenses. The use of quality care, therapy, and these specialized tools has been proven to help children perform better in school and become more independent in their daily lives.
Who is the CEO of Blount Memorial Foundation?
Jonathan Smith is the Board Member of Blount Memorial Foundation.
What is the revenue of Blount Memorial Foundation?
Blount Memorial Foundation's revenue in 2022 was $744,212.
Who are the executives of Blount Memorial Foundation and what are their salaries?
There 75 volunteers at Blount Memorial Foundation.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Blount Memorial Foundation?
Blount Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blount Memorial Foundation
Blount Memorial Foundation, a nonprofit organization, is dedicated to providing support and advocacy for programs that enhance the health and well-being of the entire community. Particularly, it focuses on assisting the uninsured and underserved individuals within this community. The foundation's mission is to ensure that everyone, regardless of their insurance status, has access to complete healthcare services. In addition to this, Blount Memorial Foundation provides funding for specialized tools required for pediatric rehabilitation when families are unable to afford them. These tools, coupled with quality care through therapy, have been proven to significantly improve children's performance in school and increase their independence in life.
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Impact
July, 2024
Blount Memorial Foundation's impact is profound in promoting the health and well-being of the entire community, especially the uninsured and underserved populations in Maryville, TN. By providing access to complete care regardless of insurance status, the foundation ensures that everyone in the community has the opportunity to receive quality healthcare services. Additionally, the foundation's focus on funding specialized tools for pediatric rehabilitation for families in need has proven to be instrumental in helping children succeed in school and lead more independent lives. Through these efforts, Blount Memorial Foundation is making a tangible difference in the lives of individuals and families, contributing to the overall health and vitality of the community.
This information is meant to be a general summary of Blount Memorial 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: $349,740
- Gross Receipts: $1,085,097
Assets and Liabilities:
- Total Assets: $2,817,285
- Total Liabilities: $25,000
- Net Assets: $2,792,285
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Organization Details
Founding Year
1989
Phone
(865) 977-5727Principal Officer
Jonathan Smith
Main Address
907 E LAMAR ALEXANDER PARKWAY, MARYVILLE, TN, 37804
NTEE Category
Code: E22I - Health
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