Overview
What is Presbyterian Healthcare Foundation?
The Presbyterian Healthcare Foundation is a charitable organization based in Albuquerque, New Mexico. Its primary mission is to raise and manage funds, aiming to enhance health and improve lives within the communities served by Presbyterian Healthcare Services. One of their notable achievements is the completion of the Presbyterian Robert Wertheim Hospice House in 2022, a 10-bed residential hospice facility that caters to up to 300 patients annually. This facility, entirely funded through philanthropy, addresses a long-standing need for residential hospice care in central New Mexico.
Official website here: www.phs.org
What are the reviews and ratings of this charity?
**Presbyterian Healthcare Foundation - Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)**
The Presbyterian Healthcare Foundation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 88%. This score is primarily derived from its strong performance in Accountability & Finance, evidenced by high marks in various governance and operational indicators. Notably, the organization boasts a fully independent board, complete transparency in financial reporting, and robust oversight policies.
Strengths for the organization include a commendable lack of material diversion of assets, strong liability management with a low liabilities-to-assets ratio, and a high program expense ratio. Fundraising efficiency is also impressive, suggesting that the charity effectively utilizes its resources. However, the program expense ratio of 59.69% could suggest an area for improvement, as a higher ratio is often desirable for nonprofits.
User reviews from GreatNonprofits are currently unavailable, which limits insight into public sentiment regarding specific experiences with the organization. Overall, the Presbyterian Healthcare Foundation demonstrates a commitment to accountability and solid financial practices, while striving to enhance its program spending efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Healthcare Foundation legitimate?
Presbyterian Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Healthcare 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: $29,647
Other Salaries and Wages: $2,084,188
For more financial information, click here
Official website here: www.phs.org
What is the mission statement of Presbyterian Healthcare Foundation?
The Presbyterian Healthcare Foundation's mission is to gather and responsibly manage funds with the objective of enhancing health and improving lives in communities served by Presbyterian Healthcare Services, a non-profit organization that offers healthcare services. By raising and stewarding funds, the foundation aims to contribute to the betterment of health and well-being in these communities.
One of their notable initiatives is the completion and limited opening in 2022 of the Presbyterian Robert Wertheim Hospice House, a $3.6 million facility fully funded through philanthropy. This 10-bed facility, projected to serve up to 300 patients annually when fully operational, addresses a long-standing need for residential hospice care in the community, making it the only full-service residential hospice facility in central New Mexico.
Official website here: www.phs.org
Who is the CEO of Presbyterian Healthcare Foundation?
Unavailable
Official website here: www.phs.org
What is the revenue of Presbyterian Healthcare Foundation?
Presbyterian Healthcare Foundation's revenue in 2022 was $7,016,936.
Official website here: www.phs.org
Who are the executives of Presbyterian Healthcare Foundation and what are their salaries?
There 211 volunteers at Presbyterian Healthcare Foundation.
Here are 35 key members and their salaries:
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Official website here: www.phs.org
Where can I find the form 990 for Presbyterian Healthcare Foundation?
Presbyterian Healthcare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phs.org
Learn more at the official website: www.phs.org
Mission Statement of Presbyterian Healthcare Foundation
The Presbyterian Healthcare Foundation, as a philanthropic organization, is devoted to raising and responsibly managing funds with the ultimate goal of enhancing health and improving lives in the communities served by Presbyterian Healthcare Services. This 501(c)(3) entity provides essential healthcare services to various communities in New Mexico. One of their notable achievements includes the completion of the Presbyterian Robert Wertheim Hospice House in 2022, which was fully funded through philanthropy. This 10-bed facility, projected to serve up to 300 patients annually once fully operational, is the only comprehensive residential hospice facility in central New Mexico, addressing a long-standing need in the community for such care.
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Impact
July, 2024
Presbyterian Healthcare Foundation's impact includes the successful completion of the Presbyterian Robert Wertheim Hospice House in 2022. This $3.6 million facility, funded entirely through philanthropy, serves as the only full-service, residential hospice facility in central New Mexico. With 10 beds, it is projected to provide care for up to 300 patients annually. The hospice house addresses a longstanding need in the community for residential hospice care, improving the quality of life for individuals in need of end-of-life services.
This information is meant to be a general summary of Presbyterian Healthcare 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: $1,294,972
- Gross Receipts: $28,998,947
Assets and Liabilities:
- Total Assets: $121,113,337
- Total Liabilities: $862,171
- Net Assets: $120,251,166
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Organization Details
Founding Year
1968
Phone
(505) 923-6101Main Address
PO BOX 26666, Albuquerque, NM, 871256666
Website
www.phs.orgNTEE Category
Code: E11 - Health
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