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Methodist Healthcare Foundation

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

EIN: 237320638 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Methodist Healthcare Foundation?

Methodist Healthcare Foundation is a dedicated philanthropic organization, based in Memphis, Tennessee, committed to supporting and enhancing the services provided by Methodist Le Bonheur Healthcare. The foundation achieves this through various activities, including fundraising for clinical and research initiatives, facility improvements, and community health programs. Notable accomplishments include the James D. Eason Transplant Institute at Methodist University Hospital and the Comprehensive Sickle Cell Center, both benefiting from substantial donor contributions. Additionally, the foundation invests in educational offerings and supportive programs, removing barriers for community members to access healthcare services. For instance, initiatives like the Navigating Women to Better Breast Health and Diabetes Education programs provide essential resources for underserved populations. The foundation also supports Methodist's hospice programs, offering comprehensive care for patients and their families, particularly for the uninsured.


Official website here: www.methodisthealth.org/give

Is Methodist Healthcare Foundation legitimate?

Methodist Healthcare Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Healthcare 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: $248,980
Professional Fundraising Fees: $14,000
Other Salaries and Wages: $515,155

For more financial information, click here


Official website here: www.methodisthealth.org/give

What is the mission statement of Methodist Healthcare Foundation?

The Methodist Healthcare Foundation's mission is centered around uplifting compassionate healthcare for the community. They achieve this through philanthropy, health advocacy, and a vision of healing and hope. The foundation raises funds to enhance research, facilities, and programs at Methodist Le Bonheur Healthcare. This includes supporting clinical and research initiatives, underwriting costs for facilities, technology, and equipment, and bridging the gap between hospital charges and necessary medical advancements. Notable areas of fundraising success include the James D. Eason Transplant Institute and the Comprehensive Sickle Cell Center. The foundation also provides educational offerings and supportive programs to help community members access healthcare services, as demonstrated by projects like Navigating Women to Better Breast Health and Diabetes Education. Additionally, they support Methodist's hospice programs, providing comprehensive care for patients and families.


Official website here: www.methodisthealth.org/give

Who is the CEO of Methodist Healthcare Foundation?

Unavailable


Official website here: www.methodisthealth.org/give

What is the revenue of Methodist Healthcare Foundation?

Methodist Healthcare Foundation's revenue in 2022 was $6,115,982.


Official website here: www.methodisthealth.org/give

Who are the executives of Methodist Healthcare Foundation and what are their salaries?

The average compensation at Methodist Healthcare Foundation during 2022 was $44,949. There are 17 employees and 200 volunteers at Methodist Healthcare Foundation.


Here are 19 key members and their salaries:


Michael Drake (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roshun Austin (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Aldrich (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilson Moore (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Pretzer (President)
  • Compensation: $208,708
  • Related: $0
  • Other: $40,272
Albert Mosley (Senior Leader Representative)
  • Compensation: $0
  • Related: $320,622
  • Other: $67,686
Casey Condra (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Armstrong (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hankins (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Schorr Behnke (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane George (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Garner (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Shane Stanford (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Barnett (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Madlock (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lane (Treasurer)
  • Compensation: $0
  • Related: $944,793
  • Other: $138,210
Monica Wharton (Secretary)
  • Compensation: $0
  • Related: $733,287
  • Other: $120,637
Leanne Mcquown (Director/Major Gifts/Foundation)
  • Compensation: $121,652
  • Related: $0
  • Other: $28,742
Lori Kessler (Admin. Dir. Med Educ. & Research)
  • Compensation: $201,195
  • Related: $0
  • Other: $29,503


Official website here: www.methodisthealth.org/give

Where can I find the form 990 for Methodist Healthcare Foundation?

Methodist Healthcare Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.methodisthealth.org/give

Learn more at the official website: www.methodisthealth.org/give

Mission Statement of Methodist Healthcare Foundation

Methodist Healthcare Foundation, a philanthropic organization, is dedicated to uplifting the compassionate care provided by Methodist Le Bonheur Healthcare for the entire community. The foundation achieves this mission through three key areas: enhancing clinical and research initiatives, removing barriers to healthcare access, and supporting Methodist's hospice programs.

In the realm of clinical and research initiatives, the foundation raises funds to bolster cutting-edge medical science and provide quality care to all. For instance, it has successfully secured funds for the James D. Eason Transplant Institute at Methodist University Hospital and the Comprehensive Sickle Cell Center, which have resulted in improved patient care, research advancements, and better staffing.

The foundation also focuses on removing barriers to healthcare access for community members. This is achieved through educational offerings and supportive programs. For example, it partners with BookNook to offer remote and in-person reading tutoring, aiming to improve third-grade reading proficiency as a key indicator of lifelong health and well-being. Moreover, it has secured funding to help underserved women receive breast cancer screenings and care, promoting prevention and earlier detection of the disease.

Lastly, the foundation supports Methodist's hospice programs, providing comprehensive clinical, palliative, spiritual, and social support care for patients and their families. Donor dollars cover care enhancements, patient support resources, bereavement support, and even the costs of care for uninsured patients. In this way, Methodist Healthcare Foundation plays a crucial role in enhancing the quality of healthcare in the community.

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Impact




October, 2024

Methodist Healthcare Foundation enhances the quality of healthcare and support services in the Memphis and Mid-South community through strategic fundraising efforts aimed at bolstering Methodist Le Bonheur Healthcare. By securing funds from individual donors and philanthropic partners, the Foundation addresses critical needs in clinical care, research, and community health initiatives.

The Foundation has successfully channeled resources into innovative programs like the James D. Eason Transplant Institute, where donor funding has significantly improved patient care and research capabilities. Additionally, the Comprehensive Sickle Cell Center has greatly benefited from financial support, enabling the expansion of services and resources for patients transitioning from pediatric to adult care.

In the realm of community health, initiatives such as the Community Collective for Reading Literacy have made impactful progress in improving educational outcomes for over 3,000 students, recognizing the link between reading proficiency and overall health. Furthermore, the Foundation has made strides in addressing health disparities, particularly through programs that facilitate breast cancer screenings and diabetes education for underserved populations, thus improving access to essential healthcare services.

The Foundation also plays a vital role in enhancing hospice care, providing comprehensive support for patients and families, including those unable to pay. Through its various programs, Methodist Healthcare Foundation embodies a vision of healing and hope, ensuring that every community member has access to high-quality medical care and support.




This information is meant to be a general summary of Methodist Healthcare 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
$6,115,982 (2022)
Expenses
$6,070,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,647,607
  • Gross Receipts: $6,657,206

Assets and Liabilities:

  • Total Assets: $19,470,991
  • Total Liabilities: $700,991
  • Net Assets: $18,770,000

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Organization Details

Founding Year

1974

Main Address

1211 UNION AVENUE 450, Memphis, TN, 38104

NTEE Category

Code: E120 - Health

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