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Foundation For Health Advancement Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812316726 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Health Advancement Inc?

Foundation For Health Advancement Inc, based in Princeton, New Jersey, serves as a nonprofit organization dedicated to raising funds for educational initiatives. Their primary mission is to support high school STEM programs by providing grants. Additionally, they extend their grant program to researchers at affiliated universities in New Jersey through their Innovation Grants Program. The organization holds educational seminars for innovators and students, encouraging them to contribute to the cause, thereby furthering their commitment to fostering scientific growth and knowledge.


Official website here: www.foundationforhealthadvancement.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating

Foundation For Health Advancement Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of financial health and accountability. With an overall score of 97%, the charity excels particularly in the Accountability & Finance category, which comprises various criteria, all of which it has met with high marks.

The charity stands out for having a completely independent board, with all ten members meeting the independence requirement. Additionally, it demonstrates strong financial management, evidenced by a low liabilities to assets ratio of 10.77% and a program expense ratio of 91.41%, meaning that a significant portion of its resources goes directly to its programs rather than administrative costs.

While the charity has received excellent scores across multiple accountability metrics, it is essential to maintain scrutiny of its ongoing financial practices and program outcomes. Overall, Foundation For Health Advancement Inc appears to be a responsible organization dedicated to its mission and effective use of funds.


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

Is Foundation For Health Advancement Inc legitimate?

Foundation For Health Advancement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Health Advancement 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.foundationforhealthadvancement.org

What is the mission statement of Foundation For Health Advancement Inc?

The Foundation for Health Advancement Inc's mission is centered around soliciting contributions from the public to fund educational programs and research. Specifically, they provide grants to high schools to strengthen their science, technology, engineering, and mathematics (STEM) initiatives. Additionally, they extend their grant support to researchers affiliated with universities in New Jersey through their Innovation Grants Program. The foundation also hosts educational seminars for innovators and students, encouraging participation and further support for their grant programs.


Official website here: www.foundationforhealthadvancement.org

Who is the CEO of Foundation For Health Advancement Inc?

James M Golubieski is the President of Foundation For Health Advancement Inc. The CEO's salary of Foundation For Health Advancement Inc is $0 and their total compensation is $0.


Official website here: www.foundationforhealthadvancement.org

What is the revenue of Foundation For Health Advancement Inc?

Foundation For Health Advancement Inc's revenue in 2023 was $68,221.


Official website here: www.foundationforhealthadvancement.org

Who are the executives of Foundation For Health Advancement Inc and what are their salaries?

There 3 volunteers at Foundation For Health Advancement Inc.


Here are 5 key members and their salaries (Foundation For Health Advancement Inc's CEO's salary is $0 and their total compensation is $0):


James M Golubieski (President)
  • Compensation: $0
  • Related: $561,431
  • Other: $11,034
Aggie Worthington (Vice President Finance)
  • Compensation: $0
  • Related: $273,893
  • Other: $0
Dean Janeway (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George F Heinrich Md (Ceo And Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Brown Sherman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationforhealthadvancement.org

Where can I find the form 990 for Foundation For Health Advancement Inc?

Foundation For Health Advancement Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundationforhealthadvancement.org

Learn more at the official website: www.foundationforhealthadvancement.org

Mission Statement of Foundation For Health Advancement Inc

The Foundation For Health Advancement Inc, a nonprofit organization, is committed to securing funds from the wider community to provide financial assistance. This aid is primarily directed towards high schools, with an emphasis on strengthening their science, technology, engineering, and mathematics (STEM) programs. Beyond this, the organization also extends its support to researchers through its Innovation Grants Program, specifically at affiliated universities based in New Jersey. In addition to these funding initiatives, the Foundation For Health Advancement Inc organizes educational seminars, inviting innovators and students to participate. These events serve as opportunities for the organization to solicit further contributions, which in turn, are utilized to support the grants it provides.

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Impact




August, 2024

Foundation For Health Advancement Inc's impact can be seen through its support of high school STEM programs and researchers in New Jersey. By soliciting contributions from the public and hosting educational seminars for innovators and students, the organization is able to provide grants that enhance science, technology, engineering, and mathematics education. This fosters innovation and knowledge-building in the community, ultimately contributing to the advancement of health and technology fields.




This information is meant to be a general summary of Foundation For Health Advancement 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.

Revenue
$68,221 (2023)
Expenses
$372,433 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,321
  • Gross Receipts: $68,221

Assets and Liabilities:

  • Total Assets: $510,316
  • Total Liabilities: $55,000
  • Net Assets: $455,316

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Organization Details

Founding Year

2016

Principal Officer

James M Golubieski

Main Address

155 Village Blvd Suite 130, Princeton, NJ, 08540

NTEE Category

Code: T70 - Philanthropy

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