Overview
What is Williams Heart Foundation?
The Williams Heart Foundation, based in Northfield, Illinois (specifically at 790 Frontage Road 415), is a nonprofit organization dedicated to advancing medical research in the field of the human heart and related pulmonary functions. Their primary objective is to promote personal health by sharing their findings with both the medical community and the general public. In addition to conducting research, the foundation identifies and funds suitable projects that align with its mission. It also engages in activities related to healthcare services and disseminates academic materials related to heart research. The foundation continues to market and promote itself, actively seeking to increase awareness and support for its mission.
Official website here: www.williamsheartfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Williams Heart Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an overall score derived from a single beacon focused entirely on accountability and finance, the foundation demonstrates a high level of transparency and responsible management of its resources, which is essential for donor trust.
The organization showcases a fully independent board, with all members free from conflicts of interest. Its governance practices are further strengthened by having policies in place for whistleblowing, conflict of interest, and document retention. Additionally, the foundation maintains a low liabilities to assets ratio at 1.78%, indicating sound financial stability, and a program expense ratio of 86.69%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs.
Despite its strong financial rating, it's important to keep in mind that the overall assessment is based solely on financial metrics. While this is a positive indicator of operational efficiency and accountability, potential donors may also want to consider the impact of the organization's programs and services, which are not detailed in this financial rating.
This AI summary has been generated from information found on Charity Navigator.
Is Williams Heart Foundation legitimate?
Williams Heart Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williams Heart 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.williamsheartfoundation.org
What is the mission statement of Williams Heart Foundation?
The Williams Heart Foundation is committed to advancing medical research focusing on the human heart and related pulmonary functions. Their mission involves financing, conducting, and exploiting this heart-related research, as well as publishing and disseminating the findings to the public and medical community. The organization aims to educate both the public and medical professionals about the outcomes of these studies, and they undertake various activities related to these objectives, such as providing related healthcare services.
Official website here: www.williamsheartfoundation.org
Who is the CEO of Williams Heart Foundation?
Randall E Williams is the Secretary of Williams Heart Foundation.
Official website here: www.williamsheartfoundation.org
What is the revenue of Williams Heart Foundation?
Williams Heart Foundation's revenue in 2022 was $41,346.
Official website here: www.williamsheartfoundation.org
Who are the executives of Williams Heart Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.williamsheartfoundation.org
Where can I find the form 990 for Williams Heart Foundation?
Williams Heart Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.williamsheartfoundation.org
Learn more at the official website: www.williamsheartfoundation.org
Mission Statement of Williams Heart Foundation
The Williams Heart Foundation is committed to advancing medical research related to the human heart and the pulmonary system. Their primary goal is to develop, finance, conduct, and leverage medical research dedicated to these vital organs. The organization then disseminates the findings of this research through academic and other materials, educating both the general public and medical professionals. Additionally, Williams Heart Foundation undertakes various activities incidental or related to their research, including providing related healthcare services. Their mission is to contribute significantly to the understanding and treatment of heart-related issues, ultimately promoting personal health and wellbeing.
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Impact
August, 2024
The impact of the Williams Heart Foundation is significant in furthering medical research involving the human heart and educating both the medical community and the general public on its findings. Through its dedication to developing, financing, and conducting research on the human heart and related pulmonary functions, the foundation plays a crucial role in advancing knowledge and promoting personal health. By identifying and funding appropriate projects in accordance with its mission, the Williams Heart Foundation contributes to the ongoing improvement of healthcare services related to heart health.
This information is meant to be a general summary of Williams Heart 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 2022.
- Investment Income: $41,346
- Gross Receipts: $41,346
Assets and Liabilities:
- Total Assets: $962,797
- Total Liabilities: $14,054
- Net Assets: $948,743
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Organization Details
Founding Year
2002
Phone
(847) 542-5740Principal Officer
Randall E Williams
Main Address
790 FRONTAGE ROAD 415, NORTHFIELD, IL, 60093
NTEE Category
Code: H99 - Medical research
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