Overview
What is Providence Foundation Inc?
Providence Foundation Inc is a charitable organization based in St. Louis, Missouri. Its primary mission is to raise funds for Ascension Providence, enhancing healthcare excellence within the local community. The foundation achieves this through collaborative efforts with generous donors, community volunteers, and support groups. By investing in charitable support, Providence Foundation Inc aims to improve the health and well-being of the communities they serve. The foundation's board of trustees includes community, corporate, and civic leaders, as well as physicians. Philanthropic support comes from various sources, such as individual donations, foundations, corporations, and civic organizations. During the COVID-19 pandemic, Providence Foundation Inc played a significant role in supporting Ascension's commitment to both patient care and community well-being. Additionally, the foundation operates a retail store called Little Blessings Boutique, which sells donated items to generate funds for their mission. The boutique serves as a unique avenue to support the foundation's initiatives and contribute to the local community. In summary, Providence Foundation Inc is dedicated to improving healthcare access, serving the poor and vulnerable, and fostering sustainable collaborative efforts in the St. Louis area.
Official website here: www.supportprovidence.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Providence Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 94% in this area, reflecting its commitment to transparency and responsible management of resources. This high score is derived entirely from its accountability and finance metrics, which assess how well the organization adheres to financial best practices.
One notable strength of the Providence Foundation Inc is its governance structure, with 90% of its board members being independent. This independence, coupled with a robust board size of 20 members, enhances the organization’s oversight capabilities. Furthermore, the presence of comprehensive policies related to conflicts of interest and whistleblowing underscores a commitment to ethical practices within the organization.
While the foundation demonstrates a strong program expense ratio of 68.34%, indicating that a significant portion of its expenditures directly supports its mission, it may be worth noting that there is always room for improvement in maximizing program effectiveness and financial efficiency. Overall, the foundation's commitment to accountability reflects positively on its operations and promises reliability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Foundation Inc legitimate?
Providence Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.supportprovidence.org/
What is the mission statement of Providence Foundation Inc?
The Providence Foundation Inc, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals, with special attention to the poor and vulnerable. Their mission is centered around providing charitable support for Ascension Providence, aiming to improve the health and well-being of the communities they serve. Their Catholic health ministry is dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Additionally, they advocate for a compassionate and just society through their actions and words.
Official website here: www.supportprovidence.org/
Who is the CEO of Providence Foundation Inc?
Unavailable
Official website here: www.supportprovidence.org/
What is the revenue of Providence Foundation Inc?
Providence Foundation Inc's revenue in 2022 was $1,573,956.
Official website here: www.supportprovidence.org/
Who are the executives of Providence Foundation Inc and what are their salaries?
There 38 volunteers at Providence Foundation Inc.
Here are 21 key members and their salaries:
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- Related: $441,469
- Other: $29,907
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- Other: $31,499
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- Related: $927,857
- Other: $44,297
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- Related: $469,489
- Other: $44,300
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- Related: $4,633,536
- Other: $1,052,538
- Compensation: $0
- Related: $253,230
- Other: $29,232
Official website here: www.supportprovidence.org/
Where can I find the form 990 for Providence Foundation Inc?
Providence Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportprovidence.org/
Learn more at the official website: www.supportprovidence.org/
Mission Statement of Providence Foundation Inc
Providence Foundation Inc, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals with special attention to those who are poor and vulnerable. This nonprofit organization, dedicated to Catholic health ministry, is focused on providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Beyond medical care, Providence Foundation Inc advocates for a compassionate and just society through their actions and words. By actively seeking and investing charitable support for Ascension Providence, they strive to enhance the health and well-being of all the people in the communities they serve.
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Impact
July, 2024
Providence Foundation Inc actively seeks and invests charitable support for Ascension Providence to improve the health and well-being of all the people in the communities they serve. Through fundraising initiatives, the foundation contributes to healthcare excellence and serves the poor and vulnerable. By partnering with generous donors, community volunteers, and support groups, Providence Foundation guides and strengthens sustainable collaborative efforts that benefit the local community's health and well-being. The foundation's impact is evident in its commitment to supporting caregivers and other associates during the challenges of the COVID-19 global pandemic. Overall, Providence Foundation's work is rooted in the loving ministry of Jesus as a healer, emphasizing spiritually-centered, holistic care for all individuals, with special attention to those who are poor and vulnerable.
This information is meant to be a general summary of Providence 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: $223,976
- Gross Receipts: $2,066,779
Assets and Liabilities:
- Total Assets: $12,280,014
- Total Liabilities: $153,955
- Net Assets: $12,126,059
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Organization Details
Founding Year
1993
Phone
(314) 733-8000Main Address
C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998
Website
www.supportprovidence.org/NTEE Category
Code: P20 - Human services
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