Southern Monterey County Memorial Hospital Foundation

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)

The Southern Monterey County Memorial Hospital Foundation has received a "Needs Improvement" rating, reflecting a score of 70%. This rating indicates that while the foundation has some strong accountability practices, there are significant areas needing attention, particularly in governance and policy adherence.

One of the organization's strengths is its full board independence, showing a commitment to avoiding conflicts of interest. Additionally, the foundation has a high program expense ratio of 89.52%, indicating that a substantial portion of its funds is directed toward its programs rather than administrative costs. However, the foundation falls short in areas such as having an independent board size and lacking essential policies like a whistleblower and document retention policy.

These limitations highlight the need for the foundation to improve its governance practices and ensure comprehensive policy implementation. Addressing these issues could enhance trust and effectiveness in fulfilling its mission.

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

Southern Monterey County Memorial Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Monterey County 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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