Overview
What is Saint Mary's Foundation C/O Trinity Health Grand Rapids?
Saint Mary's Foundation, affiliated with Trinity Health Grand Rapids in Michigan, serves as a charitable arm since 1964. Its primary role involves raising funds through volunteer services and various activities, contributing to the hospital's medical and social services. The foundation generated $1.7 million in fiscal year 2022 from various sources, including individuals, corporations, foundations, and government funds. In the same year, it donated $839,818 to Trinity Health Grand Rapids Hospital, supporting clinical excellence, medical education, campus improvements, community outreach, and patient assistance. These contributions aid the hospital in addressing the medical and social needs of the uninsured and underinsured community and meeting the needs of older individuals in the community.
Official website here: www.trinityhealthmichigan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Saint Mary's Foundation C/O Trinity Health Grand Rapids has received a solid rating of 89%, indicating a reputable level of accountability and financial health. The organization excels particularly in its culture and community engagement score of 97, showcasing a strong commitment to stakeholder involvement and feedback utilization. The board of directors demonstrates a high level of independence with 76% of its members being independent, reflecting a commitment to good governance.
Financially, the foundation maintains a low liabilities to assets ratio of 2.89%, indicating sound financial management. While the program expense ratio is relatively moderate at 63.11%, the fundraising efficiency ratio of $0.33 suggests room for improvement in the cost-effectiveness of fundraising efforts. However, the organization has been proactive in ensuring transparency and has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention.
Overall, while Saint Mary's Foundation shows strengths in governance and community engagement, there are areas in fundraising efficiency that could be enhanced. The organization has a strong foundation of financial practices and feedback mechanisms, contributing positively to its overall performance and reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Mary's Foundation C/O Trinity Health Grand Rapids legitimate?
Saint Mary's Foundation C/O Trinity Health Grand Rapids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Mary's Foundation C/O Trinity Health Grand Rapids 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: $235,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,138
For more financial information, click here
Official website here: www.trinityhealthmichigan.org
What is the mission statement of Saint Mary's Foundation C/O Trinity Health Grand Rapids?
Saint Mary's Foundation, in partnership with Trinity Health, serves its community with compassion and transformation, guided by spiritual values. The foundation's primary role is to support the programs of Mercy Health Saint Mary's through fundraising activities, volunteer services, and health education. In the fiscal year 2022, the foundation raised $1,713,157 from various sources, including individuals, corporations, foundations, and government entities. These funds were utilized to support clinical excellence, medical and nursing education, campus enhancements, and community outreach and patient support. The contributions made by the foundation aid Trinity Health Grand Rapids Hospital in addressing the extensive medical and social service needs of the underinsured and uninsured community, as well as responding to the unmet needs of older persons in the community.
Official website here: www.trinityhealthmichigan.org
Who is the CEO of Saint Mary's Foundation C/O Trinity Health Grand Rapids?
Michelle Rabideau is the Trustee; Th Med Group Physician of Saint Mary's Foundation C/O Trinity Health Grand Rapids.
Official website here: www.trinityhealthmichigan.org
What is the revenue of Saint Mary's Foundation C/O Trinity Health Grand Rapids?
Saint Mary's Foundation C/O Trinity Health Grand Rapids's revenue in 2022 was $3,566,575.
Official website here: www.trinityhealthmichigan.org
Who are the executives of Saint Mary's Foundation C/O Trinity Health Grand Rapids and what are their salaries?
There 39 volunteers at Saint Mary's Foundation C/O Trinity Health Grand Rapids.
Here are 27 key members and their salaries:
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- Related: $1,305,057
- Other: $41,925
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- Other: $78,808
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- Other: $42,239
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- Other: $52,277
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- Related: $314,067
- Other: $42,117
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- Related: $199,662
- Other: $36,145
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- Related: $132,335
- Other: $35,676
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- Related: $115,000
- Other: $17,986
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Official website here: www.trinityhealthmichigan.org
Where can I find the form 990 for Saint Mary's Foundation C/O Trinity Health Grand Rapids?
Saint Mary's Foundation C/O Trinity Health Grand Rapids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trinityhealthmichigan.org
Learn more at the official website: www.trinityhealthmichigan.org
Mission Statement of Saint Mary's Foundation C/O Trinity Health Grand Rapids
Saint Mary's Foundation, in association with Trinity Health, is dedicated to supporting the programs of Mercy Health Saint Mary's. This organization serves its communities in the spirit of the gospel, acting as a compassionate and transformative healing presence. As a member of Trinity Health-Michigan and Trinity Health, Saint Mary's Foundation raises funds through volunteers, services, and fundraising activities to provide financial resources for Mercy Health Saint Mary's Hospital in Grand Rapids, Michigan.
The mission of Saint Mary's Foundation is multifaceted. It involves providing financial resources to meet the vast medical and social service needs of the uninsured and underinsured community. These funds support clinical excellence, medical and nursing education, campus enhancements, and community outreach and patient support. Additionally, Saint Mary's Foundation promotes health education, contributing to the overall well-being of the community. Through its fundraising activities, the organization is able to support Mercy Health Saint Mary's Hospital in responding to the unmet needs of older persons in the community.
In summary, Saint Mary's Foundation, in partnership with Trinity Health, serves as a vital source of support for Mercy Health Saint Mary's Hospital in Grand Rapids. By raising funds through various means and promoting health education, the foundation contributes to the hospital's ability to meet the diverse needs of its community, particularly those who are uninsured or underinsured, and older persons.
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Impact
July, 2024
Saint Mary's Foundation C/O Trinity Health Grand Rapids has a significant impact on the community by providing crucial financial support to Trinity Health Grand Rapids Hospital. Through fundraising activities and volunteer services, the foundation raised over $1.7 million in fiscal year 2022. This funding directly benefited the hospital by contributing $839,818 towards clinical excellence, medical and nursing education, campus enhancements, and community outreach and patient support.
By supporting Trinity Health Grand Rapids Hospital, Saint Mary's Foundation helps address the medical and social service needs of the uninsured and underinsured community, as well as fulfilling the unmet needs of older individuals in the area. Through its commitment to promoting health education and providing vital resources, the foundation plays a pivotal role in enhancing healthcare services and improving the well-being of individuals in Grand Rapids, Michigan.
This information is meant to be a general summary of Saint Mary's Foundation C/O Trinity Health Grand Rapids. 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: $1,853,418
- Gross Receipts: $3,566,575
Assets and Liabilities:
- Total Assets: $27,328,147
- Total Liabilities: $339,171
- Net Assets: $26,988,976
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Organization Details
Founding Year
1964
Phone
(616) 685-1889Principal Officer
Michelle Rabideau
Main Address
200 JEFFERSON AVE SE, GRAND RAPIDS, MI, 49503
NTEE Category
Code: H00J - Medical research
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