Overview
What is Christus Spohn Health System Development Fnd?
Christus Spohn Health System Development Foundation, or simply Christus Spohn HSD Foundation, serves as a philanthropic entity for Christus Spohn Health System Corporation. Based in Corpus Christi, Texas, its primary goal is to encourage and receive donations from various sources. These contributions are then utilized to support Christus Spohn Health System and its associated hospitals, focusing on areas such as hospital improvements, modernization, and medical equipment acquisition. During fiscal year 2020, the foundation provided funds for capital equipment, mammogram screenings, breast cancer awareness programs, services for the medically indigent, and hospital improvements. The foundation's mission is to promote philanthropy and charitable giving, ultimately enhancing Christus Spohn Health System Corporation's ability to extend healing services and address community health needs in South Texas.
Official website here: www.christusspohnfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
Christus Spohn Health System Development Foundation has received an excellent Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score showcases its commitment to transparency, governance, and sound financial practices, with a perfect score in several areas, including an entirely independent board and comprehensive financial oversight.
The foundation's strengths include high program expense ratio, indicating that a significant majority of its funds are directed toward its mission. Additionally, the organization demonstrates strong fundraising efficiency, with low costs relative to the funds raised, which contributes to its robust working capital position. This financial health and operational efficiency suggest a stable organization capable of sustaining its mission over time.
Despite its high rating, the foundation's fundraising efficiency could be further optimized, as it scored slightly lower in this area compared to others. Overall, Christus Spohn Health System Development Foundation shows a strong commitment to its mission, backed by impressive financial integrity and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Christus Spohn Health System Development Fnd legitimate?
Christus Spohn Health System Development Fnd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christus Spohn Health System Development Fnd 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: $118,227
For more financial information, click here
Official website here: www.christusspohnfoundation.org
What is the mission statement of Christus Spohn Health System Development Fnd?
The Christus Spohn Health System Development Foundation's primary purpose is to foster philanthropy and charitable giving. This is done to provide resources that enhance the capabilities of Christus Health and Christus Spohn Health System Corporation in their mission to extend the healing ministry of Jesus Christ. By soliciting and managing charitable gifts and grants, the foundation aims to support health care facilities, services, and community programs operated by Christus Spohn Health System Corporation within its service area in South Texas. The foundation's activities are geared towards benefiting the health care community, enhancing its services, and meeting the health needs of the community.
Official website here: www.christusspohnfoundation.org
Who is the CEO of Christus Spohn Health System Development Fnd?
Patricia Cano is the Principal Officer of Christus Spohn Health System Development Fnd.
Official website here: www.christusspohnfoundation.org
What is the revenue of Christus Spohn Health System Development Fnd?
Christus Spohn Health System Development Fnd's revenue in 2022 was $4,107,684.
Official website here: www.christusspohnfoundation.org
Who are the executives of Christus Spohn Health System Development Fnd and what are their salaries?
There 252 volunteers at Christus Spohn Health System Development Fnd.
Here are 30 key members and their salaries:
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Official website here: www.christusspohnfoundation.org
Where can I find the form 990 for Christus Spohn Health System Development Fnd?
Christus Spohn Health System Development Fnd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.christusspohnfoundation.org
Learn more at the official website: www.christusspohnfoundation.org
Mission Statement of Christus Spohn Health System Development Fnd
Christus Spohn Health System Development Foundation's primary mission is to promote philanthropy and charitable giving. This nonprofit organization aims to provide resources that enhance the ability of Christus Health and Christus Spohn Health System Corporation in their mission to extend the healing ministry of Jesus Christ by addressing the community's health needs. By soliciting and receiving charitable gifts and grants, the foundation administers, invests, and reinvest funds to solely benefit the healthcare facilities, services, and community programs supported or operated by Christus Spohn Health System Corporation within its service area in South Texas. This foundation plays a crucial role in supporting the overall health and wellbeing of the community.
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Impact
July, 2024
Christus Spohn Health System Development Foundation plays a crucial role in promoting philanthropy and charitable giving to support Christus Health and Christus Spohn Health System Corporation in extending the healing ministry of Jesus Christ. Through soliciting and receiving charitable gifts and grants, the foundation enhances the ability of the health system to provide high-quality healthcare services to the community. The funds raised by the foundation are utilized for various purposes including modernization and construction of hospital facilities, acquisition of equipment, and special healthcare needs. Overall, the foundation's impact is significant in helping the health system continue its mission of improving the health of individuals and communities in South Texas.
This information is meant to be a general summary of Christus Spohn Health System Development Fnd. 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: $396,836
- Gross Receipts: $4,309,162
Assets and Liabilities:
- Total Assets: $27,154,274
- Total Liabilities: $203,472
- Net Assets: $26,950,802
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Organization Details
Founding Year
1977
Phone
(361) 881-3505Principal Officer
Patricia Cano
Main Address
600 Elizabeth Street, Corpus Christi, TX, 78404
NTEE Category
Code: E122 - Health
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