Overview
What is Medical Benevolence Foundation?
The Medical Benevolence Foundation, based in Houston, Texas, is a compassionate nonprofit dedicated to enhancing healthcare in developing countries. Recognizing the scarcity of modern medical equipment and essential medicines in these regions, the organization collaborates with U.S.-based partners to distribute refurbished equipment, new supplies, and necessary pharmaceuticals to hospitals in countries like Kenya, Malawi, DR Congo, and Haiti. These resources facilitate safe and effective medical treatments, improving patient care through upgraded operating rooms, mobile ultrasounds, beds, exam tables, and sterile supplies. By supporting the healing ministries of international church partners, the Medical Benevolence Foundation enables indigenous communities to address their healthcare needs while sharing the Christian message. With a team of 16 individuals, this organization is committed to transforming lives through sustainable healthcare services in developing nations.
Official website here: www.mbf.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**
The Medical Benevolence Foundation (MBF) boasts a commendable 97% score on Charity Navigator, reflecting its strong accountability and financial health. This high rating is primarily derived from the organization’s excellent performance in accountability and finance, where it achieved a perfect score in leadership adaptability. With 100% independent board members and robust financial oversight mechanisms, MBF demonstrates a commitment to transparency and responsible financial management.
Strengths of MBF include its significant program expense ratio of 78.69%, indicating that a majority of its expenditures are directed towards its mission. Additionally, with a low fundraising efficiency ratio, the organization effectively utilizes its resources, minimizing costs while maximizing fundraising efforts. MBF’s mission to provide hope and healing through the support of church-owned medical facilities underscores its strategic goals that emphasize high-quality healthcare and leadership development in medical ministries.
No user reviews from GreatNonprofits are available to supplement this overview. However, based on the data provided, MBF appears to be a well-managed nonprofit organization dedicated to making a positive impact in global healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Medical Benevolence Foundation legitimate?
Medical Benevolence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medical Benevolence 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: $374,121
Professional Fundraising Fees: $262,000
Other Salaries and Wages: $892,696
For more financial information, click here
Official website here: www.mbf.org
What is the mission statement of Medical Benevolence Foundation?
The Medical Benevolence Foundation, a faith-based organization, strives to spread the Gospel and improve healthcare services in developing nations. Its mission is to empower local churches to provide essential medical care to their communities. By collaborating with U.S. partners, the foundation ships refurbished and new medical equipment, medicines, and supplies to hospitals in countries such as Kenya, Malawi, DR Congo, and Haiti. This equipment, including working operating room lights and mobile ultrasounds, significantly enhances patient treatment and care. Additionally, the provision of beds, exam tables, and sterile supplies reduces infection risks, while essential medicines alleviate pain and suffering.
Official website here: www.mbf.org
Who is the CEO of Medical Benevolence Foundation?
E Andrew Mayo is the CEO of Medical Benevolence Foundation The CEO's salary of Medical Benevolence Foundation is $165,878 and their total compensation is $204,760.
Official website here: www.mbf.org
What is the revenue of Medical Benevolence Foundation?
Medical Benevolence Foundation's revenue in 2024 was $25,742,904.
Official website here: www.mbf.org
Who are the executives of Medical Benevolence Foundation and what are their salaries?
The average compensation at Medical Benevolence Foundation during 2024 was $90,487. There are 14 employees and 25 volunteers at Medical Benevolence Foundation.
Here are 22 key members and their salaries (Medical Benevolence Foundation's CEO's salary is $165,878 and their total compensation is $204,760):
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- Compensation: $165,878
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- Other: $22,175
Official website here: www.mbf.org
Where can I find the form 990 for Medical Benevolence Foundation?
Medical Benevolence Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mbf.org
Learn more at the official website: www.mbf.org
Mission Statement of Medical Benevolence Foundation
The Medical Benevolence Foundation, a Christ-centered organization, is dedicated to transforming lives by establishing sustainable healthcare ministries in developing countries. The nonprofit's mission involves partnering with the indigenous church to meet the healthcare needs of their communities, simultaneously sharing the gospel. Through collaborations with U.S.-based partners, the Medical Benevolence Foundation supplies refurbished and new medical equipment, essential medicines, and medical supplies to international hospitals in countries such as Kenya, Malawi, DR Congo, and Haiti. These resources, including operating room lights, mobile ultrasounds, beds, exam tables, and sterile supplies, significantly enhance patient care and safety. Furthermore, the provision of lifesaving medicines helps reduce pain, suffering, and the risk of infection, thereby improving overall health outcomes in these communities.
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Impact
July, 2024
Medical Benevolence Foundation's impact is profound, as it proclaims and demonstrates the Gospel by supporting the healing ministries of its international church partners. By providing much-needed medical supplies and equipment to developing countries such as Kenya, Malawi, DR Congo, and Haiti, MBF is transforming lives and building sustainable healthcare ministries. Through initiatives like shipping refurbished and new equipment, medicines, and supplies, MBF enables doctors and nurses to treat patients safely and effectively. This includes operating room lights, mobile ultrasounds, beds, exam tables, sterile supplies, and medicines to reduce pain and suffering. In doing so, MBF is equipping indigenous churches to meet the healthcare needs of their communities and share the gospel, making a significant impact in the global healthcare landscape.
This information is meant to be a general summary of Medical Benevolence 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 2024.
- Investment Income: $424,450
- Gross Receipts: $26,847,664
Assets and Liabilities:
- Total Assets: $14,524,406
- Total Liabilities: $2,096,616
- Net Assets: $12,427,790
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Organization Details
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