Overview
What is Swedishamerican Foundation?
The Swedishamerican Foundation, based in Rockford, Illinois, serves as the charitable arm of SwedishAmerican Hospital. Their primary mission is to support the hospital in providing quality healthcare to communities in Northern Illinois and Southern Wisconsin, ensuring accessibility regardless of various factors such as race, creed, sex, national origin, or ability to pay. Through fundraising efforts, the Foundation provides funds for specialized departments, enhancing patient care and comfort. In the recent fiscal year 2022, they granted $338,445 towards patient care and well-being at SwedishAmerican Hospital. Their ultimate goal is to contribute to the overall health and well-being of the Rockford community.
Official website here: www.uwhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Stars
The Swedishamerican Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance with a score of 74%. The foundation demonstrates strong governance with a fully independent board, an effective audit committee, and robust policies in place to manage conflicts of interest and whistleblower protections. These factors reflect a commitment to transparency and accountability within the organization.
However, the foundation's Program Expense Ratio is notably low at 52.46%, which may suggest that a smaller proportion of its budget is being directed towards programmatic activities compared to administrative costs. This aspect could raise concerns among donors about the effectiveness of fund utilization in achieving the foundation's mission. Overall, while the Swedishamerican Foundation excels in governance and compliance, there is room for improvement in its program spending.
This AI summary has been generated from information found on Charity Navigator.
Is Swedishamerican Foundation legitimate?
Swedishamerican Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swedishamerican 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: $223,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,288
For more financial information, click here
Official website here: www.uwhealth.org
What is the mission statement of Swedishamerican Foundation?
The SwedishAmerican Foundation, serving as the fundraising and charitable gifts division of SwedishAmerican Health System, aims to collect contributions from individuals, organizations, and corporations primarily within its local community and adjacent counties. Utilizing these funds, the foundation develops and supports programs that contribute to the overall health and well-being of the community, ultimately enhancing the quality of life for its residents. Furthermore, the SwedishAmerican Foundation plays a crucial role in assisting SwedishAmerican Hospital and its subsidiaries in providing top-notch medical care for their patients.
Official website here: www.uwhealth.org
Who is the CEO of Swedishamerican Foundation?
Thomas O'Connor is the CEO of Swedishamerican Foundation The CEO's salary of Swedishamerican Foundation is $0 and their total compensation is $585,228.
Official website here: www.uwhealth.org
What is the revenue of Swedishamerican Foundation?
Swedishamerican Foundation's revenue in 2024 was $1,151,588.
Official website here: www.uwhealth.org
Who are the executives of Swedishamerican Foundation and what are their salaries?
There 12 volunteers at Swedishamerican Foundation.
Here are 35 key members and their salaries (Swedishamerican Foundation's CEO's salary is $0 and their total compensation is $585,228):
- Compensation: $0
- Related: $948,984
- Other: $206,937
- 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: $347,963
- Other: $73,004
- 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: $161,078
- Other: $40,939
- Compensation: $0
- Related: $571,410
- Other: $107,200
- Compensation: $0
- Related: $550,672
- Other: $132,148
- Compensation: $0
- Related: $497,721
- Other: $80,556
- Compensation: $0
- Related: $393,941
- Other: $39,841
- Compensation: $0
- Related: $314,180
- Other: $120,021
- Compensation: $0
- Related: $297,585
- Other: $40,004
- Compensation: $0
- Related: $196,225
- Other: $5,683
- Compensation: $0
- Related: $363,596
- Other: $98,367
- Compensation: $0
- Related: $121,229
- Other: $23,866
- Compensation: $0
- Related: $75,642
- Other: $6,411
- Compensation: $0
- Related: $585,228
- Other: $0
- Compensation: $0
- Related: $409,575
- Other: $57,282
Official website here: www.uwhealth.org
Where can I find the form 990 for Swedishamerican Foundation?
Swedishamerican Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uwhealth.org
Learn more at the official website: www.uwhealth.org
Mission Statement of Swedishamerican Foundation
The SwedishAmerican Foundation, serving as the charitable gifts and fundraising arm of the SwedishAmerican Health System, works diligently to solicit and collect donations from various individuals, organizations, and corporations primarily within the greater Rockford community and surrounding areas. Utilizing these funds, the foundation creates and supports programs that contribute to the enhancement of the local community, making it a healthier and more viable place for living, working, worshiping, and raising families. Furthermore, the SwedishAmerican Foundation aids SwedishAmerican Hospital and its subsidiaries in providing superior patient care.
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Impact
October, 2024
SwedishAmerican Foundation significantly enhances community health in Northern Illinois and Southern Wisconsin through strategic fundraising and targeted support for SwedishAmerican Hospital. By focusing on patient care and comfort, the foundation allocated $338,445 in grants during FY 2022 to specialized hospital departments, directly improving the quality of healthcare services available to local residents.
With a rich history dating back to 1918, SwedishAmerican Hospital has consistently responded to the growing healthcare needs of the Rockford area. A recent $126 million modernization and expansion initiative underscores the foundation's commitment to addressing these evolving demands, ensuring that residents have access to top-quality medical care.
The foundation actively cultivates financial support from individuals, organizations, and corporations within the greater Rockford community, which enhances its ability to fund programs that promote health and well-being. This community-centric approach not only improves healthcare services but also fosters a healthier environment for families to thrive, thereby strengthening the overall fabric of the region.
This information is meant to be a general summary of Swedishamerican 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: $577,629
- Gross Receipts: $1,211,878
Assets and Liabilities:
- Total Assets: $18,457,440
- Total Liabilities: $195,543
- Net Assets: $18,261,897
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Organization Details
Founding Year
1980
Principal Officer
Travis Andersen
Website
www.uwhealth.orgNTEE Category
Code: E11 - Health
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