Stamford Memorial Hospital Foundation

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Stamford Memorial Hospital Foundation has demonstrated some strong governance features, such as a fully independent board and a favorable liabilities to assets ratio. Their program expense ratio is also commendable, indicating that a significant portion of their expenditures goes towards their programs rather than administrative costs.

However, the foundation has notable weaknesses that have impacted its overall rating. Key policies, including conflict of interest, whistleblower, and document retention, are missing, which raises concerns about transparency and accountability. Additionally, the absence of tax form disclosures on their website could hinder potential donors' ability to assess the organization's financials fully.

Overall, while the foundation exhibits strengths in areas of governance and program spending, the lack of essential policies and transparency measures presents limitations that may be concerning for potential supporters. Addressing these issues could significantly enhance their credibility and rating in the future.

This AI summary has been generated from information found on Charity Navigator.

Stamford Memorial Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stamford Memorial Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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