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Mary Greeley Medical Center Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237064009 ✦ Ames, IA ✦ Designated as a 501(c)(3)

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Overview

What is Mary Greeley Medical Center Foundation?

Mary Greeley Medical Center Foundation is a nonprofit organization that supports the mission of Mary Greeley Medical Center in Ames, Iowa. The foundation primarily raises funds through philanthropy, which are then allocated to essential projects, programs, and services. In 2021, significant programs supported included hospice care, cancer treatment, and diabetes education. The foundation also initiated major projects like constructing a healing garden and expanding the birthways and pediatrics units. Additionally, the organization invests in educational programs such as physician and staff training, public health initiatives, and specialty certifications, while also backing Mary Greeley's response to the COVID-19 pandemic. By donating to the foundation, individuals can directly contribute to improving medical care, patient experiences, and staff development at Mary Greeley Medical Center.


Official website here: www.mgmc.org/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Mary Greeley Medical Center Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The overall score is derived solely from the beacon score for Accountability & Finance, underscoring the foundation's transparent and responsible management practices.

The foundation boasts a fully independent board with 15 members, achieving top marks in various areas of governance, including conflict of interest policies and financial oversight. The absence of material diversion of assets and a favorable liabilities-to-assets ratio further illustrate the organization's sound financial standing. Additionally, a program expense ratio of over 80% indicates that the majority of funds are directed towards its mission.

While the data highlights significant organizational strengths, there are no specific limitations mentioned. This rating and the associated metrics position the Mary Greeley Medical Center Foundation as a trustworthy entity for potential donors looking to support a well-managed nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Mary Greeley Medical Center Foundation legitimate?

Mary Greeley Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Greeley Medical Center 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: $166,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,717

For more financial information, click here


Official website here: www.mgmc.org/foundation

What is the mission statement of Mary Greeley Medical Center Foundation?

The Mary Greeley Medical Center Foundation serves as the primary channel for philanthropic contributions to the Mary Greeley Medical Center. Its mission is to support the center's mission through charitable giving and engagement. By doing so, donors can have confidence that their contributions will directly benefit the medical center, its patients, their families, and the medical center's staff. The foundation plays a crucial role in funding vital projects, programs, and services at the medical center. In 2021, significant programs funded included the Israel Family Hospice House and Hospice Home Care, the William R. Bliss Cancer Center, and the Diabetes and Nutrition Education Center. Major projects underway include the construction of a new healing garden and the birthways and pediatrics units. Additionally, the foundation supports educational programs such as staff and physician training, specialty certifications, public educational programs, and the medical center's response to the COVID-19 pandemic.


Official website here: www.mgmc.org/foundation

Who is the CEO of Mary Greeley Medical Center Foundation?

Melissa Mcgarry is the Board Member of Mary Greeley Medical Center Foundation. The CEO's salary of Mary Greeley Medical Center Foundation is $0 and their total compensation is $0.


Official website here: www.mgmc.org/foundation

What is the revenue of Mary Greeley Medical Center Foundation?

Mary Greeley Medical Center Foundation's revenue in 2022 was $2,858,206.


Official website here: www.mgmc.org/foundation

Who are the executives of Mary Greeley Medical Center Foundation and what are their salaries?

There 14 volunteers at Mary Greeley Medical Center Foundation.


Here are 17 key members and their salaries (Mary Greeley Medical Center Foundation's CEO's salary is $0 and their total compensation is $0):


Peter Buck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Buck (Mgmc Board Of Trustees Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dieter (Mgmc President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndsey Fennelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Hermanson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyman Hopkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom J Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kitchell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal T Loes (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Madden (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth D Mccuskey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randi Peters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen M Rasmussen (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa M Rowan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John T Russell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mcgarry (Executive Director)
  • Compensation: $160,779
  • Related: $0
  • Other: $41,686
Gary Botine (Mgmc Vice President & Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mgmc.org/foundation

Where can I find the form 990 for Mary Greeley Medical Center Foundation?

Mary Greeley Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mgmc.org/foundation

Learn more at the official website: www.mgmc.org/foundation

Mission Statement of Mary Greeley Medical Center Foundation

The Mary Greeley Medical Center Foundation serves as the primary avenue for philanthropic contributions to the Mary Greeley Medical Center. Its mission, in essence, is to bolster the mission of the medical center through charitable donations and engagement. By channeling funds towards essential projects, programs, and services, the foundation contributes significantly to the medical center's mission, benefiting patients, families, and staff alike. In 2021, notable programs funded by the foundation included the Israel Family Hospice House, Hospice Home Care, the William R. Bliss Cancer Center, and the Diabetes and Nutrition Education Center. Major projects, such as constructing a healing garden and the Birthways and Pediatrics units, also received support from the foundation. Furthermore, the foundation supports educational programs, including staff and physician training, specialty certifications, public education, and the medical center's response to the COVID-19 pandemic.

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Impact




October, 2024

Mary Greeley Medical Center Foundation significantly impacts healthcare in Ames, Iowa, by channeling philanthropic support to enhance the services and programs at Mary Greeley Medical Center. Through generous donations, the foundation plays a crucial role in funding vital projects, such as the Israel Family Hospice House and the William R. Bliss Cancer Center. These initiatives improve patient care and support families during challenging times.

In recent years, significant projects driven by the foundation include the construction of a new Healing Garden, designed to provide a serene environment for patients and visitors, and the Birthways and Pediatrics units, which focus on maternal and child health. Additionally, educational programs supported by the foundation ensure that medical staff receive essential training and certifications, ultimately elevating the standard of care provided.

The foundation has also been pivotal in supporting the medical center's response to the COVID-19 pandemic, demonstrating its commitment to community health during unprecedented times. Overall, the Mary Greeley Medical Center Foundation fosters a culture of engagement and philanthropy that directly benefits patients, families, and healthcare professionals in the community.




This information is meant to be a general summary of Mary Greeley Medical Center 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.

Revenue
$2,858,206 (2022)
Expenses
$3,150,755 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $977,189
  • Gross Receipts: $10,143,951

Assets and Liabilities:

  • Total Assets: $15,579,768
  • Total Liabilities: $432,721
  • Net Assets: $15,147,047

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Organization Details

Founding Year

1969

Principal Officer

Melissa Mcgarry

Main Address

1111 DUFF AVENUE, AMES, IA, 50010

NTEE Category

Code: E22I - Health

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