Overview
What is Health Finance Institute?
The Health Finance Institute (HFI) is a nonprofit organization situated in Arlington, Virginia. With a team of seven dedicated individuals, HFI focuses on tackling global health issues associated with non-communicable diseases (NCDs) through innovative finance strategies. By blending private funds with public resources, they create scalable and effective financing solutions in global financial markets. Their primary goal is to increase investment in NCDs, aiming to save millions of lives worldwide by translating economic evidence into high-impact investment opportunities. This approach allows HFI to channel resources effectively, improving the availability of funds for addressing NCDs on a global scale.
Official website here: www.healthfinanceinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
The Health Finance Institute has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating indicates that the organization demonstrates a good level of transparency and accountability in its operations. Notably, the charity has a fully independent board, which is crucial for maintaining unbiased governance and oversight.
Strengths of the Health Finance Institute include its perfect scores in several key areas such as having a majority of independent board members, a clear conflict of interest policy, and a whistleblower policy. Additionally, the organization has shown effective asset management, with a low liabilities to assets ratio of 9.01%, indicating financial stability.
However, the program expense ratio stands at 56.85%, which suggests that a significant portion of its expenses may not be directed towards its programs. This may be a point of concern for potential donors who prioritize high programmatic spending. Overall, while the organization exhibits strong governance practices, there is room for improvement in the allocation of funds towards its primary mission.
This AI summary has been generated from information found on Charity Navigator.
Is Health Finance Institute legitimate?
Health Finance Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Finance Institute 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: $183,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,733
For more financial information, click here
Official website here: www.healthfinanceinstitute.org
What is the mission statement of Health Finance Institute?
The Health Finance Institute (HFI) is dedicated to increasing investments in non-communicable diseases (NCDs) globally. Their mission is to translate economic evidence into actionable, high-impact blended finance investment opportunities, with the aim of saving millions of lives. By doing so, they aim to create scalable and effective ways to channel private money in global financial markets and public resources towards solving global health problems. The innovative finance team at HFI uses blended finance to raise additional funds for development, thereby improving the availability of funds and redistributing risk.
Official website here: www.healthfinanceinstitute.org
Who is the CEO of Health Finance Institute?
Andrea Feigl Ding is the President And Ceo of Health Finance Institute. The CEO's salary of Health Finance Institute is $183,317 and their total compensation is $191,642.
Official website here: www.healthfinanceinstitute.org
What is the revenue of Health Finance Institute?
Health Finance Institute's revenue in 2022 was $137,829.
Official website here: www.healthfinanceinstitute.org
Who are the executives of Health Finance Institute and what are their salaries?
The average compensation at Health Finance Institute during 2022 was $51,150. There are 7 employees and 4 volunteers at Health Finance Institute.
Here are 5 key members and their salaries (Health Finance Institute's CEO's salary is $183,317 and their total compensation is $191,642):
- Compensation: $183,317
- Related: $0
- Other: $8,325
- Compensation: $0
- 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.healthfinanceinstitute.org
Where can I find the form 990 for Health Finance Institute?
Health Finance Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthfinanceinstitute.org
Learn more at the official website: www.healthfinanceinstitute.org
Mission Statement of Health Finance Institute
The Health Finance Institute, in its mission, aims to boost investments in Non-Communicable Diseases (NCDs) globally. By leveraging economic evidence, this organization translates this data into actionable and high-impact investment opportunities. This strategy is expected to save millions of lives worldwide. The Institute's innovative finance program utilizes blended finance, a method that raises additional funds for development. This approach allows for the distribution of both private money in global financial markets and public resources toward addressing global health challenges effectively. The blended finance team of the Institute aids in the development of scalable solutions, thereby improving the accessibility of funds and redistributing risk to enhance the overall availability of funds.
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Impact
October, 2024
The Health Finance Institute (HFI) significantly impacts global health by increasing investment in non-communicable diseases (NCDs), translating economic evidence into actionable investment opportunities. By utilizing innovative blended finance strategies, HFI channels private investments and public resources towards addressing major health challenges, which ultimately saves millions of lives.
HFI's innovative finance program is pivotal in creating scalable solutions that address health issues effectively. The team redistributes risk and enhances the availability of funds, facilitating the flow of capital from global financial markets into critical health initiatives. This approach not only addresses immediate health funding needs but also establishes sustainable financial models that contribute to long-term health improvements. As a result, HFI plays a crucial role in transforming health financing and ensuring that resources are efficiently utilized to combat the rising burden of NCDs worldwide.
This information is meant to be a general summary of Health Finance Institute. 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: $123
- Program Service Revenue: $112,406
- Gross Receipts: $137,829
Assets and Liabilities:
- Total Assets: $523,673
- Total Liabilities: $47,218
- Net Assets: $476,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE FEES
Revenue
$112,406
Organization Details
Founding Year
2019
Phone
(240) 614-1985Principal Officer
Andrea Feigl Ding
Main Address
3100 CLARENDON BLVD SUITE 200, ARLINGTON, VA, 22201
NTEE Category
Code: G02 - Disease
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