Overview
What is Sanford Health Foundation Of Northern Minnesota?
Sanford Health Foundation of Northern Minnesota is a nonprofit organization that stimulates philanthropic investments and fosters community involvement around healthcare-related programs, services, and operations of Sanford Health in the region. Their primary focus is on supporting local initiatives, but they also seek funding for research and other health projects on a broader scale. The donations collected contribute significantly to patient care and family support, facility enhancements, and healthcare and research programs. The foundation's mission is to inspire philanthropy and advance the mission of Sanford Health, a prominent rural healthcare system in the U.S., ensuring that 100% of the donor contributions directly fund local priorities for health, healing, and comfort.
Official website here: www.sanfordhealthfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
The Sanford Health Foundation of Northern Minnesota has achieved a strong rating of 90%, reflecting its commitment to accountability and finance. This rating is significant as it indicates a high level of transparency and responsible management of resources. The foundation boasts a robust Accountability & Finance score of 83%, with strong performance in areas such as independent board composition and financial oversight, earning full marks in several key categories.
Strengths of the organization include a well-structured governance model with a majority of independent board members and comprehensive policies in place such as conflict of interest and whistleblower protections. The foundation also demonstrates financial health with a low liabilities to assets ratio and a program expense ratio indicating that all expenditures are directed towards its mission. Additionally, the foundation excels in both leadership and cultural impact, scoring 100% in these areas, which suggests effective organizational practices and a strong commitment to its mission.
However, while the foundation shows impressive scores across the board, it is essential to continually monitor the effectiveness and impact of its programs to ensure ongoing success. The focus on inspiring generosity to support Sanford Health positions the organization well to advance its mission of improving the human condition, but ongoing evaluation will be key to maintaining and enhancing its reputation and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Sanford Health Foundation Of Northern Minnesota legitimate?
Sanford Health Foundation Of Northern Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanford Health Foundation Of Northern Minnesota 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 Of Northern Minnesota?
The Sanford Health Foundation of Northern Minnesota's mission is to stimulate philanthropy, contributing to the mission of Sanford Health, the largest rural healthcare system in the United States, and related exempt entities. The foundation encourages and facilitates philanthropic investments and fosters community engagement around local health-related programs, services, and operations of Sanford Health. Donor contributions primarily support patient care and family assistance, equipment and facility enhancements, and healthcare and research programs. The foundation also seeks regional, national, and international support for various health initiatives.
Official website here: www.sanfordhealthfoundation.org
Who is the CEO of Sanford Health Foundation Of Northern Minnesota?
Bill Gassen is the Principal Officer of Sanford Health Foundation Of Northern Minnesota. The CEO's salary of Sanford Health Foundation Of Northern Minnesota is $0 and their total compensation is $3,063,165.
Official website here: www.sanfordhealthfoundation.org
What is the revenue of Sanford Health Foundation Of Northern Minnesota?
Sanford Health Foundation Of Northern Minnesota's revenue in 2022 was $1,636,257.
Official website here: www.sanfordhealthfoundation.org
Who are the executives of Sanford Health Foundation Of Northern Minnesota and what are their salaries?
There 13 volunteers at Sanford Health Foundation Of Northern Minnesota.
Here are 16 key members and their salaries (Sanford Health Foundation Of Northern Minnesota'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 Of Northern Minnesota?
Sanford Health Foundation Of Northern Minnesota'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 Of Northern Minnesota
The Sanford Health Foundation of Northern Minnesota's mission is centered around inspiring philanthropy to advance the mission of Sanford Health, the largest rural healthcare system in the United States, and related exempt entities. In essence, the foundation aims to channel 100% of donor contributions towards supporting local priorities that contribute to health, healing, and comfort within the community. The foundation plays a pivotal role in facilitating philanthropic investment and fostering community engagement around local healthcare-related programs, services, and operations of Sanford Health.
Beyond local initiatives, the Sanford Health Foundation of Northern Minnesota also seeks regional, national, and international support for research and other health initiatives. The donations collected by the foundation contribute to various aspects of healthcare, including patient care and family support, equipment and facility improvement, and healthcare and research programs. As of the provided data, the foundation has assisted in providing patient care and family support to the tune of $47,107, invested in equipment and facility improvements to the amount of $1,415,663, and supported healthcare and research programs with $52,662. In this manner, the Sanford Health Foundation of Northern Minnesota serves as a catalyst for philanthropic investment and community engagement in the realm of healthcare.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Sanford Health Foundation of Northern Minnesota inspires philanthropy to advance the mission of Sanford Health. Donor dollars exclusively support health, healing, and comfort initiatives, including patient care and family support, equipment and facility improvements, as well as healthcare and research programs. Through its work, the Foundation fuels local priorities to enhance the operations and services of Sanford Health, the largest rural health system in the U.S. The impact of donations is felt through tangible improvements in patient care, facilities, and healthcare programs, benefiting the community and contributing to the overall health and well-being of the region.
This information is meant to be a general summary of Sanford Health Foundation Of Northern Minnesota. 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: $265,819
- Gross Receipts: $3,109,424
Assets and Liabilities:
- Total Assets: $9,638,050
- Total Liabilities: $10,459
- Net Assets: $9,627,591
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1977
Phone
(218) 751-5430Principal Officer
Bill Gassen
Main Address
PO BOX 5039 RTE 5218, SIOUX FALLS, SD, 571175039
NTEE Category
Code: E21 - Health
If you are a representative of Sanford Health Foundation Of Northern Minnesota and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.