Truman Medical Center Charitable Foundation
The Truman Medical Center Charitable Foundation builds community engagement and inspires donors to generously support the state-of-the-art, comprehensive and accessible healthcare provided by Truman Medical Centers.
Truman Medical Center Charitable Foundation
Overview
The Truman Medical Center Charitable Foundation, registered under EIN 43-1194064, is a nonprofit organization based in Kansas City, Missouri. It operates primarily in the health sector, focusing on charitable contributions and supporting healthcare initiatives.
History and Purpose
Established in 1979, the foundation aims to provide financial support to Truman Medical Centers and other healthcare-related causes. It is categorized as a public charity and a supporting organization under the National Taxonomy of Exempt Entities (NTEE) classifications.
Financial Operations
As of the latest available financial data (2023), the foundation reported a revenue of approximately $2.34 million and expenses of $5.36 million, indicating an operational deficit for that year. Its total assets were valued at $13.3 million, with total liabilities of $1.27 million.
Historically, the foundation has relied heavily on contributions, which often constitute over 80% of its total revenue. Other revenue sources include investment income and rental property income. The organization also engages in fundraising activities and the sale of assets to support its financial obligations.
Grants and Awards
The Truman Medical Center Charitable Foundation is actively involved in grantmaking, contributing significantly to healthcare initiatives. In recent years, it has made notable grants to support health-related projects and organizations. While specific details about the recipients of these grants are not readily available, the foundation continues to be a vital source of funding for healthcare causes in its region.
Governance and Leadership
The foundation benefits from a diverse board of directors comprising professionals from various sectors, including healthcare, education, finance, and community volunteers. This diversity helps ensure a comprehensive approach to decision-making and governance. The board follows practices such as formal orientations for new members, regular assessments of the CEO, and adherence to conflict-of-interest policies to maintain transparency and accountability.
References
- ProPublica Nonprofit Explorer
- Foundation Directory Online
- Instrumentl 990 Report
Founded
1979
0
Web
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Address
Kansas City
Home - University Health Foundation
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Data about organisation
Kansas City
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