Overview
What is The Foundation Of Saint Joseph Regional Medical Center Inc?
The Foundation of Saint Joseph Regional Medical Center Inc, situated in South Bend, Indiana, is a philanthropic arm of Saint Joseph Regional Medical Center System. Established in 1985, its primary mission is to support the initiatives of Saint Joseph Regional Medical Center Inc and its affiliates. In FY 2022, the foundation raised an impressive sum of $1,377,599 through various events such as a house raffle and a dinner/golf outing. The funds raised contribute to various programs, including nursing education, hospital departments, and outreach initiatives. Notable among these are a Mobile Medical Unit, pediatric specialty clinics, community health centers, and the Woman's Task Force. The foundation's work aligns with the broader mission of Saint Joseph Regional Medical Center and Trinity Health, aiming to serve their communities with compassion and healing.
Official website here: www.sjmed.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating.
The Foundation of Saint Joseph Regional Medical Center Inc demonstrates exceptional accountability and financial health, reflected in its impressive 95% score. This rating is derived solely from its Accountability & Finance metrics, indicating strong compliance with financial practices, transparency, and governance. The organization boasts a fully independent board of 12 members and has received top scores for its audit, oversight committee, and various policies, showcasing a commitment to ethical operations.
Strengths of the foundation include a high program expense ratio of 92.08%, ensuring that the majority of funds are directed towards its mission. Additionally, the fundraising efficiency ratio of $0.11 suggests that the organization is highly effective in its fundraising efforts, minimizing the costs associated with raising donations. Furthermore, the organization maintains a healthy working capital ratio, ensuring sustainability and financial stability over the long term.
While the foundation has received outstanding marks across all evaluated areas, there were no noted limitations in the data reviewed. The absence of any material asset diversion and the organization’s proactive policies indicate a strong commitment to ethical management and community trust. Overall, this foundation exemplifies the values of transparency and effective resource management within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation Of Saint Joseph Regional Medical Center Inc legitimate?
The Foundation Of Saint Joseph Regional Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation Of Saint Joseph Regional Medical Center Inc 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: $39,117
For more financial information, click here
Official website here: www.sjmed.com
What is the mission statement of The Foundation Of Saint Joseph Regional Medical Center Inc?
The Foundation of Saint Joseph Regional Medical Center Inc's mission is centered around supporting the programs of Saint Joseph Regional Medical Center and its affiliates. In aligning with this mission, the foundation, as a part of Saint Joseph Regional Medical Center and Trinity Health, serves its communities with compassion and a transformative healing presence, guided by spiritual values. The foundation acts as the philanthropic arm of Saint Joseph Regional Medical Center System, raising funds for various initiatives such as nursing education, hospital departments, and numerous outreach programs. These include, but are not limited to, a mobile medical unit, pediatric specialty clinics, community health centers, and the Women's Task Force.
Official website here: www.sjmed.com
What is the revenue of The Foundation Of Saint Joseph Regional Medical Center Inc?
The Foundation Of Saint Joseph Regional Medical Center Inc's revenue in 2023 was $2,400,021.
Official website here: www.sjmed.com
Who are the executives of The Foundation Of Saint Joseph Regional Medical Center Inc and what are their salaries?
There 17 volunteers at The Foundation Of Saint Joseph Regional Medical Center Inc.
Here are 15 key members and their salaries:
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- Related: $833,023
- Other: $18,275
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- Other: $34,538
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- Related: $334,057
- Other: $45,692
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Official website here: www.sjmed.com
Where can I find the form 990 for The Foundation Of Saint Joseph Regional Medical Center Inc?
The Foundation Of Saint Joseph Regional Medical Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sjmed.com
Learn more at the official website: www.sjmed.com
Mission Statement of The Foundation Of Saint Joseph Regional Medical Center Inc
The Foundation of Saint Joseph Regional Medical Center Inc, serving as the philanthropic arm of Saint Joseph Regional Medical Center System, is committed to supporting the programs of its affiliated institutions. This nonprofit organization, established in 1985, operates with a mission aligned with Saint Joseph Regional Medical Center and Trinity Health, aiming to serve their communities in the spirit of the gospel as a compassionate and transforming healing presence. The Foundation's activities extend beyond fundraising, contributing to nursing education, hospital departments, and numerous outreach programs such as a mobile medical unit, pediatric specialty clinics, community health centers, and the Women's Task Force. By doing so, The Foundation of Saint Joseph Regional Medical Center Inc aims to positively impact the health and wellbeing of its community members.
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Impact
October, 2024
The Foundation of Saint Joseph Regional Medical Center Inc plays a vital role in supporting healthcare initiatives within South Bend, Indiana. Since its inception in 1985, the Foundation has focused on enhancing the services provided by Saint Joseph Regional Medical Center and its affiliates. In fiscal year 2022, it successfully raised $1,377,599 through various community events, including a house raffle and a dinner/golf outing.
These funds are crucial for advancing several important programs and initiatives. The Foundation supports nursing education, which is essential for maintaining high standards of care and addressing the evolving needs of patients. Additionally, it provides vital resources to hospital departments, helping to improve patient services and healthcare infrastructure.
Another significant aspect of the Foundation's impact is its commitment to outreach programs. By funding initiatives such as a mobile medical unit, pediatric specialty clinics, and community health centers, it expands access to quality healthcare for underserved populations. The Woman's Task Force is also supported, promoting women's health issues and ensuring that the specific needs of women in the community are addressed.
Overall, The Foundation of Saint Joseph Regional Medical Center Inc operates as a transformative force within the local healthcare landscape, helping to create a compassionate and effective healing environment for all community members.
This information is meant to be a general summary of The Foundation Of Saint Joseph Regional Medical Center Inc. 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: $286,318
- Gross Receipts: $2,400,021
Assets and Liabilities:
- Total Assets: $22,183,325
- Total Liabilities: $6,734,176
- Net Assets: $15,449,149
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Organization Details
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