The Research Foundation

What it reported doing in 2024

The research foundation's main program activities include supporting health care students, nursing students and health care professionals, patients, and the Kansas city community. (continued on schedule o)healthcare students: scholarships were provided to 80 undergraduate nursing students and accelerated nursing students who attend research college of nursing, avila university, and william jewell college.scholarships were provided to 20 students studying radiology technology, nuclear medicine, or radiation therapy. Scholarships were provided to 37 students in the doctoral of physical therapy programs at rockhurst university, university of Missouri, and university of Kansas. Scholarships were provided to 8 area high school students to attend explore rcon, a 3-day immersive nursing experience. The program is designed to help high school students explore the field of nursing as a potential future career.other support for nursing students: the research foundation sponsored whitecoats/commitment coats for nursing students at research college of nursing, avila university and william jewell college to celebrate their entrance into the nursing profession. The research foundation provided support through the nursing student emergency fund to 16 nursing students. The purpose of the fund is to help students who need emergency assistance for basic needs such as food, transportation to clinicals, and other basic needs. Funds were also provided to avila university and william jewell college nursing programs to purchase cardiac instructional simulation equipment for the education of nursing students in the clinical setting.healthcare professionals: nursing faculty awards and scholarships - awards and scholarships were provided for nursing faculty members at research college of nursing, avila university, and william jewell college who are recognized for their outstanding efforts educating students. Additional awards are provided for teaching excellence, scholarly achievement, outstanding community service, and the dr. Nancy debasio faculty leadership.doctoral study scholarships - these scholarships enhance the recruitment and retention of doctoral prepared nurse educators in the greater Kansas city area through the funding of doctoral study for individuals pursuing a phd/dnp/edd/dne.continuing education for faculty - these scholarships encourage continuing education opportunities for nursing faculty.faculty scholarship grants - these grants encourage and facilitate faculty development by enhancing the faculty member's research and/or scholarship of teaching through a stipend, which funds short-term research projects.continuing education awards to health care professionals at regional hospitals are awarded annually. Two research medical center employees received the hal m. Quinn excellence in nursing award and the kathy degrande award for excellence. A different hospital is selected each year to award employees.continuing medical education - the research foundation coordinated and sponsored two full-day continuing medical education symposiums in partnership with the ed bixby institute for postgraduate medical education and kc southwest clinical society. The symposiums focused on time critical diagnosis and primary care. Both were attended by physicians, nurses and allied health professionals throughout the greater Kansas city metro and surrounding areas.patients: verda's place - the research foundation collaborates with bra couture kc to provide verda's place, an appearance center for uninsured and underserved cancer patients in the Kansas city community. Located in the sarah cannon cancer center at research medical center, verda's place provided wigs, hats, scarves, lymphedema sleeves, bras, prosthetics, and other items for cancer patients. Support was also provided for utilities, food cards, medications, and nutritional supplements for patients. 54 low-income cancer patients received assistance. Dr. Kelley young memorial fund - family and fr

Financial Efficiency

• Mission deployment rate: 86.3%; rating input score 86
• Program expense ratio: 82.6%; rating input score 83
• Fundraising efficiency: $6.96 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 95.2%; rating input score 95; 25th percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 58.4%; rating input score 94; 94th percentile among comparable filings
• Total-asset coverage ratio: 35.53; rating input score 98; 98th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 15.5%; rating input score 18; 18th percentile among comparable filings

Growth

• Program expense growth: 11.4% per year; rating input score 100; 69th percentile among comparable filings
• Revenue growth: -1% per year; rating input score 0; 9th percentile among comparable filings
• Asset growth: 5.7% per year; rating input score 100; 38th percentile among comparable filings