Overview
What is Providence Alaska Foundation?
Providence Alaska Foundation is a nonprofit organization based in Anchorage, Alaska, dedicated to advocating for vulnerable populations and necessary reforms in healthcare. They aim to transform healthcare by keeping people healthy, making services more convenient, accessible, and affordable for all. With over 117,000 caregivers serving in 51 hospitals, 1,000 clinics, and a comprehensive range of health and social services across several states, Providence Alaska Foundation strives to serve more people, advance best practices, and continue its century-long tradition of serving the poor and vulnerable. Through community benefit programs and high-impact investments, the foundation works to ensure basic health needs are met and removes barriers to care, fostering community resilience and innovation for the future. By focusing on diversity, equity, inclusion, and environmental stewardship, Providence Alaska Foundation is committed to improving community health, strengthening local economies, and reducing its carbon footprint. The foundation funds innovative, sustainable, and collaborative healthcare initiatives in the communities it serves, supporting vital programs and equipment throughout Alaska.
Official website here: www.providencefoundations.org/our-foundations
What are the reviews and ratings of this charity?
The Providence Alaska Foundation has achieved a four-star rating from Charity Navigator, with an impressive score of 97%. This score comes entirely from their Accountability & Finance metrics, showcasing outstanding transparency and financial practices. The foundation's strong fiscal responsibility is evident through their high ratings across various financial criteria, including a 25 out of 25 points for the liabilities to assets ratio and program expense ratio.
Key strengths for the Providence Alaska Foundation include a commitment to independence and oversight, reflected in their board composition and policies. With 90% independent board members and a robust system of financial checks and audits, the foundation demonstrates strong governance. Their efficiency in fundraising is notable, spending just $0.05 to raise a dollar, and maintaining a healthy working capital ratio of 3.96 years.
While the foundation excels in financial management, areas like Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently scored by Charity Navigator. This indicates potential areas for development in terms of impact evaluation and organizational adaptability. As there are no user reviews available on GreatNonprofits, we have limited insights into personal experiences with the foundation's services and programs.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Alaska Foundation legitimate?
Providence Alaska Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Alaska 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: $0
Other Salaries and Wages: $1,208,678
For more financial information, click here
Official website here: www.providencefoundations.org/our-foundations
What is the mission statement of Providence Alaska Foundation?
The Providence Alaska Foundation, as an expression of divine healing love, is steadfast in serving all, particularly the vulnerable. They advocate for needed reforms in healthcare and pursue innovative ways to transform healthcare, making it more convenient, accessible, and affordable for all. Their mission is to provide high-quality, compassionate care for everyone, regardless of coverage or ability to pay. They serve communities across several states and are committed to touching millions of lives, enhancing health in the American West, and transforming care for future generations. Through community benefit programs and high-impact investments, they strive to meet basic health needs and remove barriers to care, building community resilience and innovating for the future.
Official website here: www.providencefoundations.org/our-foundations
Who is the CEO of Providence Alaska Foundation?
Cynthia J Libby is the Director - Thru 9/22 of Providence Alaska Foundation.
Official website here: www.providencefoundations.org/our-foundations
What is the revenue of Providence Alaska Foundation?
Providence Alaska Foundation's revenue in 2022 was $11,757,459.
Official website here: www.providencefoundations.org/our-foundations
Who are the executives of Providence Alaska Foundation and what are their salaries?
There 50 volunteers at Providence Alaska Foundation.
Here are 24 key members and their salaries:
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Official website here: www.providencefoundations.org/our-foundations
Where can I find the form 990 for Providence Alaska Foundation?
Providence Alaska Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.providencefoundations.org/our-foundations
Learn more at the official website: www.providencefoundations.org/our-foundations
Mission Statement of Providence Alaska Foundation
Providence Alaska Foundation, as an expression of divine healing love, is steadfast in serving all, with a particular focus on those who are poor and vulnerable. Their mission is to advocate for vulnerable populations and needed reforms in healthcare. They are committed to transforming healthcare by keeping people healthy, making services more convenient, accessible, and affordable for all. This comprehensive healthcare organization, serving millions across seven states, strives to deliver high-quality, compassionate care for everyone, regardless of their ability to pay.
The foundation's work is deeply rooted in its shared mission to help build a more equitable and sustainable future. It achieves this by serving as a vital safety net for vulnerable populations through its community benefit programs and high-impact investments. By removing barriers to care, building community resilience, and innovating for the future, Providence Alaska Foundation aims to enhance the health of communities and improve equitable access to quality care at the community level and at scale. This commitment is reflected in its social responsibility framework, which includes a stronger dedication to diversity, equity, inclusion, and environmental stewardship.
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Impact
July, 2024
Providence Alaska Foundation's impact is profound, as it plays a crucial role in funding innovative and sustainable health initiatives in the communities it serves. Through philanthropic efforts and partnerships, the foundation supports vital programs and equipment that meet the healthcare needs of Alaskans across various stages of life. Examples of services funded by the foundation include continued COVID response and recovery initiatives, health education on topics such as parenting and trauma response, family support services for pediatric patients, charity care, medical equipment and supplies, and caregiver emergency assistance. These efforts not only improve health outcomes but also contribute to building a more equitable and resilient healthcare system in Alaska.
This information is meant to be a general summary of Providence Alaska 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: $842,515
- Gross Receipts: $11,775,881
Assets and Liabilities:
- Total Assets: $45,386,090
- Total Liabilities: $1,995,065
- Net Assets: $43,391,025
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Organization Details
Founding Year
1983
Phone
(907) 212-3600Principal Officer
Cynthia J Libby
Main Address
3760 PIPER STREET SUITE 2021, ANCHORAGE, AK, 99508
NTEE Category
Code: E21I - Health
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