Overview
What is Methodist Medical Center Foundation?
Methodist Medical Center Foundation is a nonprofit organization dedicated to supporting the medical center in Oak Ridge, Tennessee. Its primary mission is to raise, manage, and distribute charitable funds to enhance healthcare services at Methodist Medical Center. The foundation provides financial aid for programs, equipment, and education that are not covered by insurance, thereby extending quality healthcare to individuals irrespective of their financial capabilities. The Foundation's most notable initiative is the Hospitality Houses, which offer free, temporary lodging for patients and their families traveling for medical treatment at Methodist Medical Center or Thompson Cancer Survival Center. The houses offer fully furnished apartments, shared facilities, and transportation assistance, serving over 100 guests annually, saving them around $240,000 in accommodation costs.
Official website here: www.mmcfoundation.org
Is Methodist Medical Center Foundation legitimate?
Methodist Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Medical Center 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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Official website here: www.mmcfoundation.org
What is the mission statement of Methodist Medical Center Foundation?
The Methodist Medical Center Foundation's mission is to aid in the support of the programs and services at Methodist Medical Center through charitable contributions. Specifically, the foundation's role is to collect, manage, and distribute these gifts to enhance the quality of healthcare services at the center. Donations contribute to healthcare programs, services, education, and equipment that are not covered by public or private insurance. The foundation's objective is to help Methodist Medical Center extend vital healthcare services to individuals, regardless of their financial capabilities.
Official website here: www.mmcfoundation.org
Who is the CEO of Methodist Medical Center Foundation?
Jeff Tambornini is the Director/Chair of Methodist Medical Center Foundation.
Official website here: www.mmcfoundation.org
What is the revenue of Methodist Medical Center Foundation?
Methodist Medical Center Foundation's revenue in 2022 was $308,847.
Official website here: www.mmcfoundation.org
Who are the executives of Methodist Medical Center Foundation and what are their salaries?
There 20 volunteers at Methodist Medical Center Foundation.
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Official website here: www.mmcfoundation.org
Where can I find the form 990 for Methodist Medical Center Foundation?
Methodist Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mmcfoundation.org
Learn more at the official website: www.mmcfoundation.org
Mission Statement of Methodist Medical Center Foundation
Methodist Medical Center Foundation's mission revolves around supporting the programs and services of Methodist Medical Center through charitable contributions. This nonprofit organization is tasked with raising, managing, and distributing funds for Methodist Medical Center of Oak Ridge (MMC). Their primary objective is to strengthen the medical center's ability to provide top-notch healthcare services, particularly in areas not covered by insurance. Donations to the Foundation contribute towards funding healthcare programs, services, education, and equipment at MMC, thereby ensuring that quality care is accessible to all, regardless of financial capability. In essence, the Foundation's mission is to aid MMC in its mission of extending life-saving care to those in need, thereby upholding and advancing the medical center's reputation for excellence.
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Impact
October, 2024
Methodist Medical Center Foundation significantly enhances the quality of care and support for patients and their families facing health challenges. Through its charitable contributions, the Foundation sustains essential programs and services at Methodist Medical Center, particularly through the Hospitality Houses. These houses provide a vital resource for patients and families traveling long distances for treatment, offering a comfortable and supportive environment.
The Hospitality Houses feature fully furnished apartments, shared amenities, and transportation assistance, ensuring that guests can focus on their treatment without the burden of accommodation costs. Since their inception, these houses have hosted thousands of guests. In 2022 alone, they provided 1,994 nights of stay for 113 individuals requiring critical care, such as cancer treatment and intensive care. The financial impact of this service is immense, with the value of free lodging estimated at $239,280, allowing families to stay close to their loved ones during challenging times without the stress of hotel expenses.
Overall, the Foundation plays a crucial role in advancing high-quality health care services at Methodist Medical Center by facilitating access to essential resources and supporting patients and families during their most vulnerable moments.
This information is meant to be a general summary of Methodist Medical Center 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: $47,940
- Gross Receipts: $338,761
Assets and Liabilities:
- Total Assets: $1,316,051
- Total Liabilities: $22,816
- Net Assets: $1,293,235
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Organization Details
Founding Year
1989
Phone
(865) 374-3140Principal Officer
Jeff Tambornini
Main Address
1420 Centerpoint Blvd Bldg C, Knoxville, TN, 379321960
Website
www.mmcfoundation.orgNTEE Category
Code: E22I - Health
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