Overview
What is Ascension St Mary's Foundation?
Ascension St. Mary's Foundation is a charitable organization committed to enhancing healthcare services in the Great Lakes Bay Region and beyond. Their mission is to solicit and invest charitable support for Ascension St. Mary's Hospital, thereby improving the health and well-being of their community members. As part of the Ascension Catholic Health Ministry, they adhere to a compassionate, holistic approach that prioritizes the spiritual, physical, and emotional needs of individuals and communities. During the COVID-19 pandemic, their efforts have been instrumental in supporting both patients and caregivers amidst the challenges. The organization operates under the name Children's Free Ward Association of St. Mary's Hospital of Saginaw, Michigan.
Official website here: www.stmarysofmichiganfoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Ascension St Mary's Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial transparency. Their score, derived entirely from the Accountability & Finance beacon, reflects the organization's robust governance practices and efficient management of resources.
The foundation stands out with a high percentage of independent board members, demonstrating a commitment to unbiased oversight. Its financial practices are also noteworthy, with a very low liabilities to assets ratio and a significant program expense ratio, indicating that a majority of funds are directed towards its charitable programs.
While the data highlights strong organizational strengths, there is no specific mention of challenges or limitations. Overall, Ascension St Mary's Foundation appears to maintain excellent standards in financial health and governance, making it a reliable nonprofit in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Ascension St Mary's Foundation legitimate?
Ascension St Mary's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension St Mary's 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.stmarysofmichiganfoundation.org/
What is the mission statement of Ascension St Mary's Foundation?
The mission of Ascension St. Mary's Foundation is centered around actively seeking and investing charitable support for Ascension St. Mary's Hospital. This is done with the aim of improving the health and well-being of all the people in the communities they serve. Rooted in the loving ministry of Jesus as a healer, Ascension St. Mary's Foundation is committed to serving all individuals, particularly those who are poor and vulnerable. Their Catholic health ministry is dedicated to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Furthermore, they are advocates for a compassionate and just society through their actions and words.
Official website here: www.stmarysofmichiganfoundation.org/
Who is the CEO of Ascension St Mary's Foundation?
Unavailable
Official website here: www.stmarysofmichiganfoundation.org/
What is the revenue of Ascension St Mary's Foundation?
Ascension St Mary's Foundation's revenue in 2022 was $4,343,361.
Official website here: www.stmarysofmichiganfoundation.org/
Who are the executives of Ascension St Mary's Foundation and what are their salaries?
There 92 volunteers at Ascension St Mary's Foundation.
Here are 20 key members and their salaries:
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- Other: $21,355
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- Related: $202,542
- Other: $34,886
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- Related: $487,292
- Other: $39,605
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- Related: $1,227,518
- Other: $49,358
Official website here: www.stmarysofmichiganfoundation.org/
Where can I find the form 990 for Ascension St Mary's Foundation?
Ascension St Mary's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmarysofmichiganfoundation.org/
Learn more at the official website: www.stmarysofmichiganfoundation.org/
Mission Statement of Ascension St Mary's Foundation
Ascension St. Mary's Foundation, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals with special attention to those who are poor and vulnerable. Guided by their Catholic health ministry, they dedicate themselves to providing spiritually-centered, holistic care that sustains and improves the health of both individuals and communities. Recognizing the importance of advocacy, Ascension St. Mary's Foundation is an advocate for a compassionate and just society, expressing this commitment through their actions and words. Their mission is to actively seek and invest charitable support for Ascension St. Mary's Hospital, with the ultimate goal of improving the health and well-being of people in the communities they serve.
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Impact
July, 2024
Ascension St Mary's Foundation actively seeks and invests charitable support for Ascension St. Mary's Hospital to improve the health and well-being of the communities they serve. Their mission is rooted in the loving ministry of Jesus as healer, with a commitment to serving all persons, especially the poor and vulnerable. As part of the Ascension Catholic Health Ministry, the foundation supported Ascension's efforts to care for patients, communities, and caregivers during the challenges of the COVID-19 global pandemic.
Through generous financial support, Ascension St Mary's Foundation has made a significant impact on health and life in the Great Lakes Bay Region and beyond. Their work expands the patient experience and helps sustain a mission of providing the best care to individuals and families. The foundation's advocacy for a compassionate and just society is evident in their actions and words, reflecting a dedication to spiritually-centered, holistic care that improves the health of both individuals and communities.
This information is meant to be a general summary of Ascension St Mary's 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: $3,230,660
- Gross Receipts: $12,332,835
Assets and Liabilities:
- Total Assets: $27,055,078
- Total Liabilities: $1,915,992
- Net Assets: $25,139,086
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Organization Details
Founding Year
1978
Phone
(314) 733-8000Main Address
C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998
NTEE Category
Code: E110 - Health
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