Overview
What is The Cleveland Clinic Foundation?
The Cleveland Clinic Foundation is a prominent nonprofit healthcare organization, headquartered at Cleveland, Ohio. With a team of over 3,000 medical professionals and researchers, they cover a broad spectrum of 120 medical specialties and subspecialties. Their mission encompasses three essential aspects: caring for life, researching for health, and educating those who serve. This holistic approach ensures that the foundation not only tends to patients but also invests in medical advancements and nurtures future healthcare providers.
Official website here: www.clevelandclinic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The Cleveland Clinic Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This rating indicates a strong commitment to transparency and ethical practices, underscored by the organization’s majority independent board members and robust financial oversight mechanisms. The absence of material asset diversion and the presence of various policies related to conflicts of interest and whistleblowing further reinforce the foundation's accountability.
Despite these exemplary ratings, user reviews from other platforms present a contrasting perspective. One donor expressed dissatisfaction, citing experiences where their donations were allegedly spent on solicitation for further contributions rather than direct patient care or medical services. This feedback suggests a potential gap between the organization's financial practices and donor expectations regarding the use of funds.
Overall, while The Cleveland Clinic Foundation demonstrates strong financial accountability and governance, feedback from donors highlights the importance of aligning fundraising practices with community expectations to enhance trust and satisfaction among supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Cleveland Clinic Foundation legitimate?
The Cleveland Clinic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cleveland Clinic 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: $30,981,083
Professional Fundraising Fees: $1,834,012
Other Salaries and Wages: $3,866,644,203
For more financial information, click here
Official website here: www.clevelandclinic.org
What is the mission statement of The Cleveland Clinic Foundation?
The Cleveland Clinic Foundation is committed to enhancing lives, driving health advancements, and educating healthcare professionals. Their mission encompasses caring for patients, conducting research, and teaching those in the healthcare field. With a team of over 3,000 physicians and researchers, they cover a broad range of medical specialties and subspecialties. Their ultimate goal is to provide exceptional care and contribute to the overall improvement of health for individuals and communities.
Official website here: www.clevelandclinic.org
Who is the CEO of The Cleveland Clinic Foundation?
Guzman Md Jorge is the CEO of The Cleveland Clinic Foundation The CEO's salary of The Cleveland Clinic Foundation is $1,658,345 and their total compensation is $1,709,797.
Official website here: www.clevelandclinic.org
What is the revenue of The Cleveland Clinic Foundation?
The Cleveland Clinic Foundation's revenue in 2023 was $8,958,297,084.
Official website here: www.clevelandclinic.org
Who are the executives of The Cleveland Clinic Foundation and what are their salaries?
The average compensation at The Cleveland Clinic Foundation during 2023 was $79,830. There are 48824 employees and 430 volunteers at The Cleveland Clinic Foundation.
Here are 54 key members and their salaries (The Cleveland Clinic Foundation's CEO's salary is $1,658,345 and their total compensation is $1,709,797):
- Compensation: $6,966,584
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- Other: $55,218
- Compensation: $1,712,183
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- Other: $52,833
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- Related: $2,504,315
- Other: $57,102
- Compensation: $2,402,885
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- Other: $51,446
- Compensation: $2,285,205
- Related: $0
- Other: $44,424
- Compensation: $2,170,811
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- Other: $48,184
- Compensation: $2,148,691
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- Other: $52,167
- Compensation: $1,451,184
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- Other: $672,846
- Compensation: $1,927,793
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- Other: $63,222
- Compensation: $1,496,956
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- Other: $358,841
- Compensation: $0
- Related: $1,714,711
- Other: $47,750
- Compensation: $1,658,345
- Related: $0
- Other: $51,452
- Compensation: $0
- Related: $1,583,789
- Other: $53,730
- Compensation: $1,349,005
- Related: $0
- Other: $33,875
- Compensation: $787,881
- Related: $0
- Other: $57,019
- Compensation: $598,378
- Related: $0
- Other: $73,975
- Compensation: $534,169
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- Other: $40,955
- Compensation: $490,656
- Related: $0
- Other: $37,859
- Compensation: $263,397
- Related: $0
- Other: $27,490
- Compensation: $4,384,158
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- Other: -$126,231
- Compensation: $3,027,736
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- Other: $82,911
- Compensation: $2,284,287
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- Other: $55,511
- Compensation: $2,163,476
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- Other: $53,501
- Compensation: $2,043,898
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- Other: $137,968
- Compensation: $0
- Related: $1,406,418
- Other: $0
- Compensation: $210,113
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- Other: -$12,930
- Compensation: $135,862
- Related: $0
- Other: $6,514
- Compensation: $562,170
- Related: $0
- Other: $7,025
Official website here: www.clevelandclinic.org
Where can I find the form 990 for The Cleveland Clinic Foundation?
The Cleveland Clinic Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.clevelandclinic.org
Learn more at the official website: www.clevelandclinic.org
Mission Statement of The Cleveland Clinic Foundation
The Cleveland Clinic Foundation, a renowned integrated healthcare delivery system, is dedicated to improving lives through three core commitments: caring for patients, conducting research, and educating healthcare professionals. With over 3,000 physicians and researchers representing 120 medical specialties and subspecialties, this esteemed organization strives to deliver world-class healthcare services and advance medical knowledge.
In the realm of patient care, Cleveland Clinic is committed to providing exceptional treatment for a wide range of conditions. Their team of highly skilled healthcare professionals collaborates to ensure that each patient receives comprehensive and personalized care, addressing their unique medical needs. The organization's research initiatives contribute significantly to advancing medical knowledge, leading to new treatments and improved patient outcomes.
In addition to direct patient care and research, Cleveland Clinic places great emphasis on educating the future caregivers of tomorrow. By offering educational programs for healthcare professionals and students, they are able to ensure that the highest standards of medical knowledge and expertise are being passed on to the next generation. This holistic approach to healthcare, which encompasses both patient care and the training of future healthcare providers, sets The Cleveland Clinic Foundation apart as a leader in the field.
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Impact
October, 2024
The Cleveland Clinic Foundation significantly impacts healthcare by providing comprehensive medical care, advancing research, and educating healthcare professionals. With over 3,000 physicians and researchers across 120 medical specialties and subspecialties, Cleveland Clinic operates as an integrated healthcare delivery system with global reach. Its commitment to "Caring for Life, Researching for Health, and Educating Those Who Serve" underscores its dedication to improving patient outcomes and fostering innovation in medical science. Located in Independence, Ohio, the foundation not only addresses local health needs but also extends its influence nationally and internationally, shaping the future of healthcare through groundbreaking research and education.
This information is meant to be a general summary of The Cleveland Clinic 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 2023.
- Investment Income: $76,791,553
- Program Service Revenue: $8,115,749,217
- Gross Receipts: $9,969,666,511
Assets and Liabilities:
- Total Assets: $15,354,669,845
- Total Liabilities: $7,217,745,829
- Net Assets: $8,136,924,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$4,164,253,272
MEDICARE/MEDICAID PAYM
Revenue
$2,840,899,797
OTHER PROGRAM SERVICES
Revenue
$1,037,787,369
PARKING, PHONE & OTHER
Revenue
$58,575,864
MANAGEMENT FEES
Revenue
$10,854,460
Organization Details
Founding Year
1921
Principal Officer
Mihaljevic Md Tomislav
Website
www.clevelandclinic.orgNTEE Category
Code: E210 - Health
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