Overview
What is Providence General Foundation?
Providence General Foundation is a philanthropic entity, primarily focusing on fundraising for Providence Regional Medical Center Everett, a hospital under Providence Health & Services - Washington, within the broader Providence St. Joseph Health System. Their mission is deeply rooted in serving all individuals, particularly the vulnerable and underprivileged, inspired by God's healing love and the ministry of Jesus. By raising funds and distributing them to various programs and community initiatives, the foundation plays a significant role in enhancing healthcare services in their local region. In 2022, they provided over $4.4 million to support various areas such as mental health programs, cancer-related services, and research grants, among others. Their commitment extends beyond financial support, encompassing environmental stewardship and social responsibility initiatives.
Official website here: www.foundation.providence.org/wa/everett
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
Providence General Foundation has achieved an impressive 97% score, earning it a Four-Star rating, which reflects its strong accountability and financial health. The foundation is particularly notable for its fully independent board, consisting of 22 members, and demonstrates exceptional oversight and governance practices. The organization has successfully maintained a high level of transparency, as evidenced by a comprehensive set of policies and the availability of financial statements.
The foundation's financial metrics further illustrate its efficiency and effectiveness, with a program expense ratio of 69.67% indicating a significant portion of funds directed towards its mission. Additionally, the low liabilities-to-assets ratio of 0.28% suggests a sound financial footing, which is crucial for sustainability. Fundraising efficiency is also commendable, with a cost of just $0.14 to raise a dollar.
While the foundation showcases many strengths in governance, transparency, and financial health, the available data does not highlight any specific programs or initiatives. This lack of detail means potential donors or stakeholders may want to seek additional information about the foundation's impact and effectiveness in the community it serves. Overall, Providence General Foundation appears to be a well-managed organization with a strong commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Providence General Foundation legitimate?
Providence General Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence General 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: $60,000
Other Salaries and Wages: $690,796
For more financial information, click here
Official website here: www.foundation.providence.org/wa/everett
What is the mission statement of Providence General Foundation?
The Providence General Foundation, serving as the fundraising entity, is committed to advocating for vulnerable populations and necessary healthcare reforms. They are steadfast in their mission to serve all, particularly the poor and vulnerable, reflecting God's healing love through Jesus' ministry. The foundation is also dedicated to innovative ways to enhance health care, making services more convenient, accessible, and affordable for everyone. Their mission is further highlighted in their efforts to provide high-quality, compassionate care for everyone, regardless of coverage or ability to pay. The organization is part of a larger comprehensive healthcare organization serving millions of lives across several states, with a continued tradition of serving the vulnerable. Through community benefit programs and high-impact investments, they aim to meet basic healthcare needs and remove barriers to care, fostering community resilience and innovation for the future.
Official website here: www.foundation.providence.org/wa/everett
Who is the CEO of Providence General Foundation?
Tina Gilson is the Director - Thru 8/22 of Providence General Foundation.
Official website here: www.foundation.providence.org/wa/everett
What is the revenue of Providence General Foundation?
Providence General Foundation's revenue in 2022 was $4,679,043.
Official website here: www.foundation.providence.org/wa/everett
Who are the executives of Providence General Foundation and what are their salaries?
There 200 volunteers at Providence General Foundation.
Here are 32 key members and their salaries:
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Official website here: www.foundation.providence.org/wa/everett
Where can I find the form 990 for Providence General Foundation?
Providence General Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.providence.org/wa/everett
Learn more at the official website: www.foundation.providence.org/wa/everett
Mission Statement of Providence General Foundation
Providence General Foundation, a funding entity, is steadfast in serving all individuals, particularly the vulnerable and impoverished, as an expression of God's healing love, witnessed through the ministry of Jesus. The organization's mission is to advocate for the rights and needed reforms in healthcare for these populations, while also pursuing innovative ways to transform healthcare by keeping people healthy, making services more convenient, accessible, and affordable for everyone. Providence General Foundation is committed to providing high-quality, compassionate care, regardless of coverage or ability to pay, and aims to improve the lives of millions across seven states through its community benefit programs and high-impact investments. The foundation's work is instrumental in ensuring basic health needs are met, removing barriers to care, building community resilience, and innovating for the future. Through its diverse initiatives, Providence General Foundation continues to contribute to a more equitable and sustainable future, acting as a vital safety net for the vulnerable.
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Impact
July, 2024
Providence General Foundation's impact is significant in improving the quality of healthcare in the region. In 2022, the foundation distributed over $4.4 million to Providence Regional Medical Center Everett and various community initiatives. This support allows them to invest in areas such as new neuro and heart centers, mental health programs, technology and equipment, cancer-related programs, research and grants, children's programs, community outreach, wellness, and education. Through donor gifts, the foundation reaches the most vulnerable in the community, ensuring access to vital healthcare services and programs.
This information is meant to be a general summary of Providence General 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: $437,866
- Gross Receipts: $4,882,566
Assets and Liabilities:
- Total Assets: $36,923,824
- Total Liabilities: $110,325
- Net Assets: $36,813,499
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Organization Details
Founding Year
1978
Phone
(425) 258-7500Principal Officer
Tina Gilson
Main Address
916 PACIFIC AVENUE, EVERETT, WA, 98201
NTEE Category
Code: Z99Z - Unknown
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