Overview
What is Hartford Healthcare Endowment Llc?
Hartford Healthcare Endowment LLC is a non-profit organization that manages and invests endowment funds exclusively for certain charitable healthcare organizations within the Hartford Healthcare Corporation System. These organizations include Windham Community Memorial Hospital, Inc., Midstate Medical Center, and others, all recognized as public charities under IRS sections 501(c)(3) or 509(a)(1) or (2). The Foundation's primary role is to pool and invest the funds of these tax-exempt affiliates to support their charitable activities.
Is Hartford Healthcare Endowment Llc legitimate?
Hartford Healthcare Endowment Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hartford Healthcare Endowment Llc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hartford Healthcare Endowment Llc?
The Hartford Healthcare Endowment LLC is established and managed to oversee and invest the endowment funds of selected charitable healthcare organizations under the Hartford Healthcare Corporation. These organizations include Windham Community Memorial Hospital, Midstate Medical Center, and others. The foundation's primary role is to pool and invest the tax-exempt affiliates' funds to support their charitable initiatives. The Hartford Healthcare Endowment LLC serves as a crucial financial partner, enabling the healthcare organizations to focus on their essential missions and services to the community.
What is the revenue of Hartford Healthcare Endowment Llc?
Hartford Healthcare Endowment Llc's revenue in 2022 was $82,489,042.
Who are the executives of Hartford Healthcare Endowment Llc and what are their salaries?
- Bimal Patel (Director)
- Donna Hadley (Director)
- David Holmgren (Fmr Cio)
- Patricia Rehmer (Director (Thru January 2022))
- Gary Havican (Director)
- Eric Smullen (Director)
- James O'Dea (Director)
- Chibueze Agba (Director)
Where can I find the form 990 for Hartford Healthcare Endowment Llc?
The Hartford Healthcare Endowment Llc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Hartford Healthcare Endowment Llc
Hartford Healthcare Endowment LLC is a philanthropic organization, dedicated to managing and investing endowment funds for various charitable healthcare organizations that are part of the Hartford Healthcare Corporation Integrated System. This system includes esteemed institutions such as Windham Community Memorial Hospital, Midstate Medical Center, Hartford Hospital, The Hospital of Central Connecticut at New Britain General and Bradley Memorial, Rushford Center, Rushford Foundation, Hartford Healthcare at Home, Charlotte Hungerford Hospital, Hartford Healthcare Senior Services, and Hartford Healthcare Corporation. All these organizations are recognized as public charities under Section 509(A)(1) or 509(A)(2) of the Internal Revenue Code.
In simple terms, the Hartford Healthcare Endowment LLC functions as a trustee, pooling and investing the funds of its tax-exempt healthcare affiliate partners, with the objective of supporting their charitable activities. By managing these endowments effectively, the foundation enables its healthcare partners to focus on their primary mission: delivering exceptional care and services to their communities. In this capacity, it plays a crucial role in fostering the long-term financial sustainability of these healthcare organizations.
Impact
This information is meant to be a general summary of Hartford Healthcare Endowment Llc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Hartford Healthcare Endowment LLC's impact lies in its exclusive role of holding and investing endowment funds for specific charitable health care organizations within the Hartford Healthcare Corporation Integrated System. By pooling and investing funds for entities like Windham Community Memorial Hospital, Inc. and Midstate Medical Center, the foundation supports the vital charitable activities of these healthcare institutions. This strategic financial management helps to ensure the sustained provision of healthcare services to the community, illustrating the foundation's integral role in bolstering the health sector within its region.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2016
Phone
(860) 696-6232
Main Address
80 Seymour Street Cheney Building, Hartford, CT, 06102
NTEE Category
Code: E31 - Health
If you are a representative of Hartford Healthcare Endowment Llc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.