Overview
What is Saddleback Memorial Foundation?
The Saddleback Memorial Foundation is a nonprofit organization located at 24451 Health Center Drive, Laguna Hills, CA, 92653. Their primary mission is to boost the philanthropic resources for Saddleback Memorial Medical Center, enhancing its capacity to promote health and well-being for individuals, families, and the community. The foundation, known as MemorialCare Saddleback Medical Center Foundation, is home to a team of ten employees. They have provided grants for various capital items for the medical center as per the schedule.
Official website here: www.memorialcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
Saddleback Memorial Foundation received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial health and operational efficiency. While the organization demonstrates strong governance characteristics, such as an independent board and comprehensive policies for accountability, it struggles with low financial ratios that impact its overall performance score.
The foundation's program expense ratio is notably low at 42.15%, suggesting that a smaller portion of its funds is directed towards its programs compared to operational costs. This raises questions about the effectiveness of its resource allocation and the potential impact on its mission. Additionally, the fundraising efficiency ratio reveals it costs the foundation $0.30 to raise each dollar, which could be seen as inefficient fundraising practices.
Despite these limitations, the foundation does have strong governance practices in place, including full compliance with various accountability policies and a well-structured board. However, without improvements in its financial performance metrics, the organization may struggle to build trust and impact within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Saddleback Memorial Foundation legitimate?
Saddleback Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saddleback Memorial 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: $1,055,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $831,819
For more financial information, click here
Official website here: www.memorialcare.org
What is the mission statement of Saddleback Memorial Foundation?
The Saddleback Memorial Foundation works to raise philanthropic resources, aiming to bolster the capabilities of Saddleback Memorial Medical Center in enhancing the health and well-being of individuals and their families within the community. By granting funds for essential capital items, the foundation contributes significantly to the medical center's mission and ultimately improves the overall healthcare infrastructure. The ultimate goal is to facilitate better health outcomes and community wellness through the power of philanthropy.
Official website here: www.memorialcare.org
Who is the CEO of Saddleback Memorial Foundation?
Marcia Manker is the CEO of Saddleback Memorial Foundation The CEO's salary of Saddleback Memorial Foundation is $0 and their total compensation is $1,715,860.
Official website here: www.memorialcare.org
What is the revenue of Saddleback Memorial Foundation?
Saddleback Memorial Foundation's revenue in 2024 was $28,455,781.
Official website here: www.memorialcare.org
Who are the executives of Saddleback Memorial Foundation and what are their salaries?
The average compensation at Saddleback Memorial Foundation during 2024 was $157,265. There are 12 employees and 18 volunteers at Saddleback Memorial Foundation.
Here are 24 key members and their salaries (Saddleback Memorial Foundation's CEO's salary is $0 and their total compensation is $1,715,860):
- Compensation: $0
- Related: $1,451,856
- Other: $264,004
- Compensation: $0
- Related: $664,819
- Other: $36,368
- Compensation: $0
- Related: $270,867
- Other: $37,016
- Compensation: $0
- Related: $208,267
- Other: $28,375
- Compensation: $0
- Related: $164,348
- Other: $17,040
- Compensation: $0
- Related: $179,508
- Other: $22,034
- Compensation: $0
- Related: $34,320
- Other: $0
- Compensation: $0
- Related: $8,303
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.memorialcare.org
Where can I find the form 990 for Saddleback Memorial Foundation?
Saddleback Memorial Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.memorialcare.org
Learn more at the official website: www.memorialcare.org
Mission Statement of Saddleback Memorial Foundation
The Saddleback Memorial Foundation is a philanthropic organization dedicated to raising funds to bolster the capabilities of Saddleback Memorial Medical Center. By developing these resources, the Foundation aims to enhance the health and well-being of individuals, families, and the community at large. Through its grant-making efforts, the Foundation has supported the acquisition of capital items for the medical center, contributing to its overall strength and capacity to serve its patient population effectively.
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Impact
October, 2024
Saddleback Memorial Foundation significantly enhances the health and well-being of individuals, families, and the broader community by developing essential philanthropic resources for Saddleback Memorial Medical Center. Through strategic fundraising efforts, the foundation provides grants for vital capital items at the medical center, directly supporting improvements in healthcare services.
By fostering community engagement and financial support, the foundation enables the medical center to expand its capabilities, adopt new technologies, and upgrade facilities. This impact not only enhances the quality of care but also addresses the diverse health needs of the Laguna Hills community and surrounding areas. The foundation's commitment to strengthening the medical center's resources empowers healthcare providers to deliver exceptional care, ultimately contributing to a healthier community overall.
This information is meant to be a general summary of Saddleback Memorial 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 2024.
- Investment Income: $3,885,609
- Gross Receipts: $85,102,143
Assets and Liabilities:
- Total Assets: $165,837,734
- Total Liabilities: $5,029,595
- Net Assets: $160,808,139
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Organization Details
Founding Year
1979
Principal Officer
Christy Ward
Website
www.memorialcare.orgNTEE Category
Code: T12 - Philanthropy
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