Overview
What is Sanford Health Foundation?
Sanford Health Foundation is a nonprofit organization based in Sioux Falls, South Dakota. Their mission is to inspire philanthropy and facilitate community engagement around local health care programs, services, and operations of Sanford Health. They contribute to patient care and family support, equipment and facility improvement projects, and various internal programs. Through donor dollars, the foundation fuels the work of health, healing, and comfort within the largest rural health system in the U.S.
Official website here: www.sanfordhealthfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 90%, Four-Star out of Four Star rating.
Sanford Health Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices along with effective leadership. The organization scores particularly high in Accountability & Finance with a rate of 83%, indicating robust financial oversight and transparency. Key areas of strength include a well-functioning audit and oversight committee, a commitment to conflict of interest policies, and no material diversion of assets.
In terms of community culture, the foundation excels with a perfect score of 100%. This suggests not only a strong feedback collection process but also a successful implementation of community practices, indicating that the organization actively engages with its stakeholders. Leadership & Adaptability also scored impressively, demonstrating effective strategies and strong leadership that positions the foundation well for future challenges.
While the foundation's scores reflect many strengths, the percentage of independent board members is somewhat lower at 46%. This aspect could be improved for enhanced governance. However, overall, the foundation's financial health, commitment to accountability, and community engagement highlight its effective operation as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Sanford Health Foundation legitimate?
Sanford Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanford Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sanfordhealthfoundation.org
What is the mission statement of Sanford Health Foundation?
The Sanford Health Foundation inspires philanthropy to advance the mission of Sanford Health, a leading rural health system in the U.S. The foundation facilitates philanthropic investment in local healthcare-related programs, services, and operations of Sanford Health. Donor dollars directly fund local priorities, supporting patient care and family support, equipment and facility improvement projects, and internal programs. Beyond local initiatives, the foundation seeks regional, national, and international support for research and other health initiatives.
Official website here: www.sanfordhealthfoundation.org
Who is the CEO of Sanford Health Foundation?
Bill Gassen is the Principal Officer of Sanford Health Foundation. The CEO's salary of Sanford Health Foundation is $0 and their total compensation is $3,063,165.
Official website here: www.sanfordhealthfoundation.org
What is the revenue of Sanford Health Foundation?
Sanford Health Foundation's revenue in 2022 was $182,417,940.
Official website here: www.sanfordhealthfoundation.org
Who are the executives of Sanford Health Foundation and what are their salaries?
There 139 volunteers at Sanford Health Foundation.
Here are 16 key members and their salaries (Sanford Health Foundation's CEO's salary is $0 and their total compensation is $3,063,165):
- Compensation: $0
- Related: $2,683,582
- Other: $379,583
- Compensation: $0
- Related: $1,530,538
- Other: $186,998
- Compensation: $0
- Related: $1,143,694
- Other: $43,942
- Compensation: $0
- Related: $437,558
- Other: $41,567
- Compensation: $0
- Related: $343,914
- Other: $13,962
- Compensation: $0
- Related: $339,000
- Other: $0
- Compensation: $0
- Related: $316,771
- Other: $0
- Compensation: $0
- Related: $239,394
- Other: $38,669
- Compensation: $0
- Related: $75,772
- Other: $0
- Compensation: $0
- Related: $35,500
- Other: $0
- Compensation: $0
- Related: $35,500
- Other: $0
- Compensation: $0
- Related: $34,500
- Other: $0
- Compensation: $0
- Related: $34,500
- Other: $0
- Compensation: $0
- Related: $34,000
- Other: $0
- Compensation: $0
- Related: $34,000
- Other: $0
- Compensation: $0
- Related: $33,000
- Other: $0
Official website here: www.sanfordhealthfoundation.org
Where can I find the form 990 for Sanford Health Foundation?
Sanford Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanfordhealthfoundation.org
Learn more at the official website: www.sanfordhealthfoundation.org
Mission Statement of Sanford Health Foundation
The Sanford Health Foundation is a philanthropic organization dedicated to inspiring generosity and facilitating investments for the mission of Sanford Health, the largest rural health system in the United States. In simple terms, it encourages donations to fuel the work of health, healing, and comfort carried out by Sanford Health and related exempt entities.
The Sanford Health Foundation plays a crucial role in building community engagement around local healthcare programs, services, and operations of Sanford Health. It seeks not only local support but also regional, national, and international donations for research and other health initiatives. The foundation funnels donor dollars towards three primary areas: patient care and family support, equipment and facility improvement projects, and internal programs.
Through the generosity of its donors, the Sanford Health Foundation helps secure funding for essential patient care services, enabling healthcare professionals to deliver the best possible care to their patients. Additionally, it supports the improvement of healthcare facilities and the acquisition of new equipment, ensuring that the health system remains at the forefront of medical advancements. Furthermore, the foundation contributes to various internal programs, which contribute to the overall growth and development of Sanford Health.
In essence, the Sanford Health Foundation acts as a catalyst for change, inspiring philanthropy to make a tangible impact on the health and well-being of individuals and communities. Its mission is to empower the Sanford Health system to continue its vital work while also seeking external support to broaden its reach and further its initiatives.
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Impact
October, 2024
Sanford Health Foundation significantly contributes to the advancement of healthcare by inspiring and facilitating philanthropic investments. The foundation directly supports local healthcare initiatives and enhances the services provided by Sanford Health, the largest rural health system in the United States. Through targeted donations, it has driven substantial improvements in patient care and family support, equipment and facility upgrades, and various internal programs. For instance, the foundation allocated over $1.8 million to patient care and family support, nearly $1.9 million to equipment and facility improvement projects, and additional funds for internal programs, totaling over $3.8 million in direct impact.
By engaging the community and fostering philanthropic efforts, the foundation not only enhances local healthcare services but also seeks regional, national, and international backing for crucial research and health initiatives. Its work ultimately fuels the mission of health, healing, and comfort, creating a robust support system for both patients and healthcare providers. The foundation's impact is profound, reflecting a commitment to improving health outcomes and fostering a culture of giving that enhances the well-being of the communities it serves.
This information is meant to be a general summary of Sanford Health 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 2022.
- Investment Income: $46,232,605
- Gross Receipts: $306,461,008
Assets and Liabilities:
- Total Assets: $1,051,795,268
- Total Liabilities: $148,459,631
- Net Assets: $903,335,637
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Organization Details
Founding Year
1983
Phone
(605) 328-5700Principal Officer
Bill Gassen
Main Address
PO BOX 5039 RTE 5218, SIOUX FALLS, SD, 571175039
NTEE Category
Code: T12 - Philanthropy
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