Overview
What is Health Ministry Fellows Endowment?
The Health Ministry Fellows Endowment is a nonprofit organization situated in Loma Linda, California. Its primary mission is to offer scholarship support to promising Seventh-Day Adventist medical students at Loma Linda University School of Medicine (LLUSOM). The organization aims to nurture future faculty members, hospital servicers affiliated with the Seventh-Day Adventist Church worldwide, and community-focused Christian physicians and surgeons. As of June 30, 2023, the Endowment granted tuition assistance to students in various medical school years, including freshmen, sophomores, juniors, and seniors. The organization's sole purpose is to sustain a group of students in each entering class of LLU's School of Medicine, who will be known as Health Ministry Fellows.
Official website here: www.hmfe.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Health Ministry Fellows Endowment has achieved a high score of 96%, reflecting its strong commitment to accountability and financial management. This score is based entirely on its accountability and finance metrics, indicating that the organization effectively oversees its resources and maintains transparency in its operations. With a Four-Star rating, it demonstrates a high level of trustworthiness in the nonprofit sector.
The organization excels in various areas, including having a fully independent board of members and robust financial oversight mechanisms. Their audit and oversight committee received full marks, and their financial ratios, such as a mere 0.03% liabilities to assets, suggest a solid financial position. Additionally, the organization has implemented comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, showcasing their dedication to ethical governance.
However, while the financial health and governance aspects are commendable, the summary does not provide insights into the organization's direct impact or effectiveness in delivering its programs. Potential donors and supporters would benefit from looking into the specific programs and outcomes to gain a more holistic view of the organization's overall mission and achievements.
This AI summary has been generated from information found on Charity Navigator.
Is Health Ministry Fellows Endowment legitimate?
Health Ministry Fellows Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Health Ministry Fellows Endowment 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.
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Official website here: www.hmfe.org
What is the mission statement of Health Ministry Fellows Endowment?
The Health Ministry Fellows Endowment's primary purpose is to offer tuition support for a selected group of students in each entering class of Loma Linda University's School of Medicine. These students are then recognized as Health Ministry Fellows. In line with this mission, the organization provides scholarship assistance to promising Seventh-Day Adventist medical students who demonstrate potential as future faculty members at LLUSOM, those with a commitment to serving in hospitals affiliated with the Seventh-Day Adventist Church worldwide, and those showing promise as Christian physicians and surgeons in community practices. During the fiscal year ending June 30, 2023, the organization granted tuition assistance grants to eight freshman, eight sophomore, seven junior, and eight senior medical students at LLUSOM.
Official website here: www.hmfe.org
Who is the CEO of Health Ministry Fellows Endowment?
Paul Herrmann Md Phd is the Director of Health Ministry Fellows Endowment.
Official website here: www.hmfe.org
What is the revenue of Health Ministry Fellows Endowment?
Health Ministry Fellows Endowment's revenue in 2023 was $1,081,021.
Official website here: www.hmfe.org
Who are the executives of Health Ministry Fellows Endowment and what are their salaries?
There 22 volunteers at Health Ministry Fellows Endowment.
Here are 8 key members and their salaries:
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Official website here: www.hmfe.org
Where can I find the form 990 for Health Ministry Fellows Endowment?
Health Ministry Fellows Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hmfe.org
Learn more at the official website: www.hmfe.org
Mission Statement of Health Ministry Fellows Endowment
The Health Ministry Fellows Endowment is an organization with a distinct mission to provide tuition support for a select group of students in each entering class of Loma Linda University's School of Medicine (LLUSOM). This support is extended to students who demonstrate promise as future faculty members, potential service providers in hospitals affiliated with the Seventh-Day Adventist Church worldwide, or as dedicated Christian physicians and surgeons in community practices. The endowment's goal is to identify and financially assist these students, who are then recognized as Health Ministry Fellows. In the fiscal year ending June 30, 2023, the organization granted tuition assistance to eight freshman, eight sophomore, seven junior, and eight senior medical students at LLUSOM.
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Impact
July, 2024
The impact of the Health Ministry Fellows Endowment is evident in the support it provides to Seventh-day Adventist medical students at Loma Linda University School of Medicine. By awarding tuition assistance grants to promising students who show potential as future faculty members, hospital service providers affiliated with the Seventh-day Adventist Church, and Christian physicians and surgeons in community practices, the organization is shaping the future of healthcare within the Seventh-day Adventist community and beyond. The scholarships awarded to medical students help facilitate their education and training, ultimately contributing to the development of compassionate and skilled healthcare professionals who embody Christian values in their practice.
This information is meant to be a general summary of Health Ministry Fellows Endowment. 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 2023.
- Investment Income: $1,070,066
- Gross Receipts: $7,360,910
Assets and Liabilities:
- Total Assets: $36,719,245
- Total Liabilities: $11,332
- Net Assets: $36,707,913
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Organization Details
Founding Year
2018
Phone
(909) 558-5109Principal Officer
Paul Herrmann Md Phd
Main Address
11245 ANDERSON STREET 220, LOMA LINDA, CA, 92354
Website
www.hmfe.orgNTEE Category
Code: X99 - Religion related
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