Overview
What is Stillwater Medical Foundation Inc?
Stillwater Medical Foundation Inc is a nonprofit organization, primarily functioning as a fundraising entity for Stillwater Medical Center (SMC). Based in Stillwater, Oklahoma, the foundation supports various hospital-sponsored community health programs, a community outreach program, and voluntary grants for specific purposes and departments within SMC. Their mission encompasses encouraging philanthropic support, contributing funds for facility construction and renovation, purchasing equipment, providing health education programs for employees, patients, and the community, and backing other necessary programs that SMC endorses.
Official website here: www.smc-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Stillwater Medical Foundation Inc demonstrates exceptional performance in accountability and finance, achieving a 97% overall score which translates to a Four-Star rating. This rating reflects a strong commitment to transparency, as evidenced by their 100% independent board members and adherence to essential governance policies such as conflict of interest and whistleblower protections.
The foundation also shows prudent financial management with a low liabilities to assets ratio of 0.38% and a program expense ratio of 70.89%, indicating that a substantial portion of their budget is directed towards their programs. Such financial health allows the organization to effectively fulfill its mission while ensuring that donor contributions are utilized efficiently.
While the data highlights significant strengths in governance and financial practices, there are no noted limitations in the available information. Overall, Stillwater Medical Foundation Inc stands out as a well-managed organization with a strong focus on accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Stillwater Medical Foundation Inc?
Two reviewers have shared their thoughts about Stillwater Medical Foundation Inc on Facebook. One highlighted the foundation as a valuable source of accurate information, noting their impactful First Friday presentations and other educational initiatives. This individual views the foundation as an essential asset to the Stillwater and Payne County community, emphasizing the positive contributions they make.
Overall, the sentiment towards the Stillwater Medical Foundation is overwhelmingly positive, with supporters recognizing their dedication to providing valuable resources and education to the community. The reviews reflect a strong appreciation for the foundation's commitment to making a difference in the local area.
This AI summary has been generated from reviews found on Facebook.
Is Stillwater Medical Foundation Inc legitimate?
Stillwater Medical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stillwater Medical 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: $141,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,028
For more financial information, click here
Official website here: www.smc-foundation.org
What is the mission statement of Stillwater Medical Foundation Inc?
The Stillwater Medical Foundation Inc, serving as the fundraising entity for Stillwater Medical Center, aims to encourage philanthropic support. Its primary role involves providing the necessary funds for construction and renovation of facilities, purchasing equipment, and offering health education programs for employees, patients, and the community. Additionally, the foundation supports various other programs that Stillwater Medical Center endorses, as required. The foundation's activities are focused on enhancing the medical center's capabilities and promoting health awareness within the community.
Official website here: www.smc-foundation.org
Who is the CEO of Stillwater Medical Foundation Inc?
Michal Shaw is the Executive Director of Stillwater Medical Foundation Inc. The CEO's salary of Stillwater Medical Foundation Inc is $0 and their total compensation is $0.
Official website here: www.smc-foundation.org
What is the revenue of Stillwater Medical Foundation Inc?
Stillwater Medical Foundation Inc's revenue in 2022 was $460,446.
Official website here: www.smc-foundation.org
Who are the executives of Stillwater Medical Foundation Inc and what are their salaries?
There 18 volunteers at Stillwater Medical Foundation Inc.
Here are 20 key members and their salaries (Stillwater Medical Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $144,253
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- Other: $13,366
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Official website here: www.smc-foundation.org
Where can I find the form 990 for Stillwater Medical Foundation Inc?
Stillwater Medical Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smc-foundation.org
Learn more at the official website: www.smc-foundation.org
Mission Statement of Stillwater Medical Foundation Inc
Stillwater Medical Foundation Inc serves as the fundraising entity for Stillwater Medical Center (SMC). Its primary mission is to encourage philanthropic support for the medical center. The foundation plays a crucial role in providing the necessary funds for various purposes, including the construction and renovation of facilities, purchasing medical equipment, providing health education programs for employees, patients, and the community, and supporting other programs that SMC endorses as required. In essence, Stillwater Medical Foundation Inc aims to enhance the capabilities and reach of SMC by securing financial backing for its initiatives, thereby contributing to the betterment of healthcare services provided by the medical center.
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Impact
July, 2024
Stillwater Medical Foundation Inc directly supports Stillwater Medical Center (SMC) by providing funding for hospital-sponsored community health programs and outreach initiatives. They also offer voluntary grants to specific departments within Stillwater Medical Center for designated purposes. This support plays a vital role in enhancing the healthcare services and resources available to the community in Stillwater, Oklahoma.
Through its fundraising efforts, Stillwater Medical Foundation Inc assists in funding the construction and renovation of facilities, acquiring new equipment, and organizing health education programs for employees, patients, and the local community. This philanthropic support ensures that Stillwater Medical Center can continue to provide high-quality healthcare services and meet the evolving needs of the community it serves.
This information is meant to be a general summary of Stillwater Medical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,695,553
- Gross Receipts: $963,884
Assets and Liabilities:
- Total Assets: $9,814,840
- Total Liabilities: $37,324
- Net Assets: $9,777,516
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Organization Details
Founding Year
1982
Phone
(405) 742-5387Principal Officer
Michal Shaw
Main Address
PO BOX 2408, STILLWATER, OK, 74076
Website
www.smc-foundation.orgNTEE Category
Code: E22 - Health
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