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CHARITY REVIEW
Issued: June 2024 Expires: June 2026

Kettering Health Foundation

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(937) 395-8607
3535 Southern Blvd.
Kettering, OH, 45429
https://ketteringhealth.org/give/kettering-health-foundation/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Kettering Health Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
According to Kettering Medical Center Foundation, its mission is "to improve the quality of life of the people in the communities we serve through excellence in healthcare, research, and through patient, undergraduate, graduate, and continuing medical education".

Year, State Incorporated:
1987, OH

Also Known As:
Kettering Medical Center Foundation

Kettering Medical Center Foundation's activities include raising funds to support Kettering Medical Center's programs and activities. This organization operates for the exclusive benefit of of Kettering Medical Center, Kettering College of Medical Arts, and other operating entities.

For the year ended December 31, 2021, Kettering Health Foundation's program expenses were:

Programs $2,688,499
Total Program Expenses $2,688,499

Chief Executive
Rick Thie, President

Chair of the Board
Mike Suttman, Community Volunteer

Chair's Profession / Business Affiliation

Board Size
16

Paid Staff Size
12

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 8.09%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Kettering Health Foundation's IRS Form 990 for the year ended December 31, 2021.

Source of Funds
Contributions and Grants $2,683,537
Investment Income $241,531
Program Service Revenue $174,205
Other Revenue $-11,355
Total Income $3,087,918

Programs: 87% Fundraising: 7% Administrative: 6%

Total Income $3,087,918
Total expenses: $3,103,405
  Program expenses $2,688,499
  Fundraising expenses $217,050
  Administrative expenses $197,856
  Other expenses $0
Income in Excess of Expenses $-15,487
Beginning Net Assets $14,235,437
Other Changes In Net Assets $2,420,062
Ending Net Assets $16,640,012
Total Liabilities $141,965
Total Assets $18,781,977

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB of Dayton and Miami Valley