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Franciscan Health Foundation Inc

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

EIN: 351955283 ✦ Mishawaka, IN ✦ Designated as a 501(c)(3)

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Overview

What is Franciscan Health Foundation Inc?

Franciscan Health Foundation Inc is a charitable organization based in Mishawaka, Indiana, with a mission to support Franciscan Alliance Inc's health centers. The foundation's primary role is to gather, invest, and distribute contributions towards enhancing compassionate care, preserving life, promoting wellness, and preventing illness. They strive to uphold the dignity of individuals while restoring health and accepting death as a step towards wellness, aligning with the teachings of the Roman Catholic Church. The foundation's efforts extend to addressing the evolving healthcare needs of patients, irrespective of age, sex, religion, or national origin, and increasing access to medical technology. They also promote scientific and medical education to improve care and foster wellness in the communities they serve.

What are the reviews and ratings of this charity?

**Franciscan Health Foundation Inc**

**Charity Navigator Rating: 90% (Four-Star out of Four Star rating)**

The Franciscan Health Foundation Inc has received a solid Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects a comprehensive assessment of factors such as financial sustainability, governance practices, and efficiency in using funds, with an impressive 98.73% ratio of program expenses, signifying that most of its budget is directed towards its mission.

Strengths highlighted include a total lack of material asset diversion and a majority of independent board members, enhancing transparency and trust. However, the charity was penalized in areas like the absence of its website on its tax form and not posting its tax form online, reflecting some administrative shortcomings. Overall, their commitment to sound financial practices aligns well with their operational strategy.

User reviews from GreatNonprofits are currently unavailable, which limits insights from the community or beneficiaries regarding their experiences with the foundation. Nonetheless, the positive rating from Charity Navigator suggests a reliable organization focused on serving its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Franciscan Health Foundation Inc legitimate?

Franciscan Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Health Foundation 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: $0

For more financial information, click here

What is the mission statement of Franciscan Health Foundation Inc?

The Franciscan Health Foundation's mission is to support the programs and services of Franciscan Alliance, Inc. Health Centers. The foundation raises, invests, and dispenses contributions to further this goal. Its primary purpose is to continue the healing ministry of Christ, aligning with the teachings of the Roman Catholic Church, and working in partnership with others to provide a comprehensive range of healthcare services. The foundation is dedicated to addressing the growing healthcare needs of patients, regardless of age, sex, religion, or national origin. It aims to increase patient access to medical technology, foster scientific and medical education opportunities to enhance care, and promote wellness within the communities they serve.

Who is the CEO of Franciscan Health Foundation Inc?

Kevin D Leahy is the President And Trustee of Franciscan Health Foundation Inc.

What is the revenue of Franciscan Health Foundation Inc?

Franciscan Health Foundation Inc's revenue in 2022 was $8,459,131.

Who are the executives of Franciscan Health Foundation Inc and what are their salaries?

There 308 volunteers at Franciscan Health Foundation Inc.


Here are 5 key members and their salaries:


Kevin D Leahy (President And Trustee)
  • Compensation: $0
  • Related: $2,085,355
  • Other: -$100,816
Sister Jane Marie Klein (Chair And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister M Ann Kathleen Magiera (Treasurer And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister M Madonna Rougeau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Lethia Marie Leveille (Secretary And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franciscan Health Foundation Inc?

Franciscan Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Franciscan Health Foundation Inc

Franciscan Health Foundation Inc, an organization dedicated to raising, investing, and disbursing contributions, plays a crucial role in supporting the programs and services of Franciscan Alliance, Inc. Health Centers. This nonprofit's mission is rooted in continuing the healing ministry of Christ, in accordance with the teachings of the Roman Catholic Church. It seeks to provide a comprehensive range of healthcare services, addressing the growing needs of patients, regardless of their age, sex, religion, or national origin.

The primary objective of Franciscan Health Foundation Inc is to support its partner organizations in building healthier communities. It achieves this by funding various initiatives, including patient care, medical technology, scientific and medical education, and community wellness programs. The foundation's contributions aim to enhance patient access to healthcare, ensuring that those who lack the resources can still obtain necessary medical care. Furthermore, it invests in education opportunities to improve the quality of care provided, promoting a culture of continuous learning and innovation within the healthcare sector.

In essence, Franciscan Health Foundation Inc serves as a pillar of support for Franciscan Alliance, Inc. Health Centers, enabling them to deliver comprehensive healthcare services and address the diverse needs of their patients. By doing so, the foundation contributes to the overall wellbeing of communities, fostering an environment where everyone has access to quality healthcare.

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Impact




October, 2024

Franciscan Health Foundation Inc makes a profound impact by raising, investing, and distributing contributions that enhance the programs and services of Franciscan Alliance, Inc. Its mission revolves around promoting compassionate care for individuals in need while respecting life and the dignity of every person. By focusing on wellness, prevention of illness, restoration to health, and acceptance of death as part of the healing process, the foundation embodies a holistic approach to healthcare.

The foundation plays a crucial role in addressing the growing healthcare needs of communities by providing support to all Franciscan Alliance health centers. This includes ensuring patient access to medical technology, especially for those with limited resources, regardless of age, gender, religion, or nationality. Moreover, through the funds raised and managed by the foundation, it furthers scientific and medical education opportunities, which ultimately leads to improved care and outcomes for patients.

In addition, the foundation is committed to fostering wellness across the communities it serves, thereby contributing to the overall health and well-being of populations that may otherwise face significant barriers to accessing quality healthcare. This comprehensive support not only aids individuals in need but also strengthens the healthcare infrastructure, making a lasting difference in the lives of many.




This information is meant to be a general summary of Franciscan Health Foundation 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.

Revenue
$8,459,131 (2022)
Expenses
$10,413,809 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $716,906
  • Gross Receipts: $8,837,008

Assets and Liabilities:

  • Total Assets: $50,818,852
  • Total Liabilities: $1,072,234
  • Net Assets: $49,746,618

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Organization Details

Founding Year

1995

Principal Officer

Kevin D Leahy

Main Address

1515 DRAGOON TRAIL, MISHAWAKA, IN, 46544

NTEE Category

Code: T22 - Philanthropy

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