Overview
What is Le Royer Foundation?
Le Royer Foundation, established with the mission to align with St. Bernard Health Network and St. Bernard Hospital, and associated tax-exempt entities, is a dedicated nonprofit organization. Their primary objective is to support these entities in a manner that upholds the values and ethos of the Religious Hospitallers of St. Joseph. By conducting its operations in accordance with these beliefs, Le Royer Foundation contributes to the overall well-being of the healthcare network and hospital they support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Le Royer Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial performance and accountability. Although it has a strong board governance structure with 90% independent members and effective policies in place for conflict of interest and whistleblowing, the overall financial health is lacking, as evidenced by a very low program expense ratio.
One notable strength of the organization is its commitment to transparency, as reflected by its adherence to various best practices in governance. The foundation has successfully maintained the integrity of its board with a majority of independent members and has not reported any material diversion of assets, which demonstrates a level of accountability in its operations.
However, the foundation faces serious limitations due to extremely low program expenses, which may indicate insufficient funding directed toward its mission-driven activities. This raises questions about the effectiveness of its programs and the overall impact of the foundation's work in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Le Royer Foundation legitimate?
Le Royer Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Le Royer 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Le Royer Foundation?
The Le Royer Foundation's mission is centered around supporting St. Bernard Health Network and St. Bernard Hospital, along with their associated tax-exempt organizations. This support is carried out in accordance with the principles and objectives of the Religious Hospitallers of St. Joseph. The foundation conducts its operations with the aim of aligning its business practices with the values and beliefs of the Religious Hospitallers of St. Joseph.
Who is the CEO of Le Royer Foundation?
Unavailable
What is the revenue of Le Royer Foundation?
Le Royer Foundation's revenue in 2022 was $1,998,359.
Who are the executives of Le Royer Foundation and what are their salaries?
There 9 volunteers at Le Royer Foundation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $410,849
- Other: $26,250
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Le Royer Foundation?
Le Royer Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Le Royer Foundation
Le Royer Foundation, named after the Religious Hospitallers of St. Joseph, is dedicated to supporting St. Bernard Health Network and St. Bernard Hospital, along with their affiliated tax-exempt organizations. The foundation's mission is to carry out its operations in accordance with the objectives and beliefs of the Religious Hospitallers of St. Joseph. By doing so, Le Royer Foundation aims to contribute positively to the healthcare sector, ensuring that the values and philosophy of the Religious Hospitallers are upheld in St. Bernard Health Network and St. Bernard Hospital's activities.
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Impact
October, 2024
Le Royer Foundation significantly impacts the healthcare landscape by providing essential support to the St. Bernard Health Network and St. Bernard Hospital. By aligning its efforts with the guiding principles of the Religious Hospitallers of St. Joseph, the foundation reinforces a commitment to compassionate care and community service. This support helps ensure that the healthcare facilities can maintain high standards of service, improve accessibility, and enhance the overall quality of care provided to the community in Chicago. The foundation's mission fosters a culture of philanthropy, enabling vital resources to flow into initiatives that directly benefit patient care, wellness programs, and the broader health network. Through its collaborative efforts, Le Royer Foundation plays a crucial role in promoting health equity and improving health outcomes in underserved populations.
This information is meant to be a general summary of Le Royer 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,998,359
- Gross Receipts: $2,509,088
Assets and Liabilities:
- Total Assets: $93,189,072
- Total Liabilities: $64,544
- Net Assets: $93,124,528
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Organization Details
Founding Year
2002
Phone
(773) 962-4100Main Address
326 West 64th Street, Chicago, IL, 60621
NTEE Category
Code: T30 - Philanthropy
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