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Sanford Health Foundation West

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 450397196 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is Sanford Health Foundation West?

Sanford Health Foundation West is a charitable organization based in Sioux Falls, South Dakota, with a primary focus on inspiring philanthropic investments in local healthcare programs, services, and operations under Sanford Health. The foundation seeks support not just within the region but also nationally and internationally for research and other health initiatives. The donations received by the foundation are primarily utilized for patient care and family support, equipment and facility improvement projects, internal programs, and community benefit. The mission of Sanford Health Foundation West is to propel philanthropy in advancing the mission of Sanford Health, the largest rural healthcare system in the United States, thereby fueling local priorities to support health, healing, and comfort.


Official website here: www.sanfordhealthfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Sanford Health Foundation West has achieved a 93% rating on Charity Navigator, indicating a high level of accountability and financial health. The organization's strong performance in accountability and finance, with a score of 83%, reflects effective management, including a thorough audit and oversight process. The foundation has also demonstrated a commitment to transparency through its well-structured policies, including conflict of interest and whistleblower protections.

The foundation excels in its cultural and community engagement, earning a perfect score of 100. This suggests that it not only collects feedback from stakeholders but also effectively utilizes that feedback to enhance its programs and operations. Additionally, the leadership and adaptability scores are equally impressive, indicating a strategic approach to governance and the ability to respond to challenges effectively.

While the foundation's majority independent board members (46%) and excellent financial ratios speak to its governance structure, some users may find the board's composition slightly lacking in independence. Nevertheless, the overall strengths of the organization, particularly in financial management and community involvement, position it as a reputable nonprofit in the healthcare sector.


This AI summary has been generated from information found on Charity Navigator.

Is Sanford Health Foundation West legitimate?

Sanford Health Foundation West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sanford Health Foundation West 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 West?

The Sanford Health Foundation West's mission is to motivate philanthropy, encouraging donations to advance the mission of Sanford Health, a prominent rural healthcare system in the United States, and related exempt entities. The foundation's primary goal is to ensure that 100% of donor funds directly contribute to local priorities, supporting health, healing, and comfort initiatives. By inspiring and facilitating philanthropic investment, the foundation fosters community engagement around local healthcare programs, services, and operations of Sanford Health. Furthermore, the foundation seeks support beyond the local region, nationally and internationally, for research and other health initiatives. The contributions made through the foundation have significantly impacted various areas, including patient care and family support, equipment and facility improvements, internal programs, and community benefit.


Official website here: www.sanfordhealthfoundation.org

Who is the CEO of Sanford Health Foundation West?

Bill Gassen is the Principal Officer of Sanford Health Foundation West. The CEO's salary of Sanford Health Foundation West is $0 and their total compensation is $3,063,165.


Official website here: www.sanfordhealthfoundation.org

What is the revenue of Sanford Health Foundation West?

Sanford Health Foundation West's revenue in 2022 was $3,931,966.


Official website here: www.sanfordhealthfoundation.org

Who are the executives of Sanford Health Foundation West and what are their salaries?

There 110 volunteers at Sanford Health Foundation West.


Here are 16 key members and their salaries (Sanford Health Foundation West's CEO's salary is $0 and their total compensation is $3,063,165):


Bill Gassen Iii (Trustee, President & Ceo)
  • Compensation: $0
  • Related: $2,683,582
  • Other: $379,583
Michelle Bruhn (Evp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $1,530,538
  • Other: $186,998
Maria Bell Md (Trustee, Physician)
  • Compensation: $0
  • Related: $1,143,694
  • Other: $43,942
Deb Koski (Vp, Chief Phil Officer)
  • Compensation: $0
  • Related: $437,558
  • Other: $41,567
Mark Lundeen Md (Trustee, Physician)
  • Compensation: $0
  • Related: $343,914
  • Other: $13,962
Joann Kunkel (Former Cfo-Sch J, Part Iii, Line 4A)
  • Compensation: $0
  • Related: $339,000
  • Other: $0
Andy North (Trustee, Secretary)
  • Compensation: $0
  • Related: $316,771
  • Other: $0
Mark Paulson Md (Trustee, Physician)
  • Compensation: $0
  • Related: $239,394
  • Other: $38,669
Neil Gulsvig (Trustee, Chairperson)
  • Compensation: $0
  • Related: $75,772
  • Other: $0
Lauris Molbert (Trustee, Vice Chair)
  • Compensation: $0
  • Related: $35,500
  • Other: $0
Marnie Hermann (Trustee)
  • Compensation: $0
  • Related: $35,500
  • Other: $0
Don Jacobs (Trustee)
  • Compensation: $0
  • Related: $34,500
  • Other: $0
James Cain (Trustee)
  • Compensation: $0
  • Related: $34,500
  • Other: $0
Robin Smith (Trustee, Treasurer)
  • Compensation: $0
  • Related: $34,000
  • Other: $0
Wesley Engbrecht (Trustee)
  • Compensation: $0
  • Related: $34,000
  • Other: $0
Brent Teiken (Trustee, Past Chair)
  • Compensation: $0
  • Related: $33,000
  • Other: $0


Official website here: www.sanfordhealthfoundation.org

Where can I find the form 990 for Sanford Health Foundation West?

Sanford Health Foundation West'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 West

Sanford Health Foundation West is dedicated to inspiring philanthropy, contributing to the mission of Sanford Health, the largest rural health system in the United States, and related exempt entities. Their primary goal is to ensure that 100% of donor funds directly support local priorities, contributing to health, healing, and comfort initiatives. By stimulating philanthropic investment and fostering community engagement, the foundation focuses on health-care related programs, services, and operations within Sanford Health.

Beyond supporting local causes, Sanford Health Foundation West also seeks to garner regional, national, and international philanthropic backing for research and various health initiatives. The organization plays a crucial role in distributing donations, with funds allocated to patient care and family support, equipment and facility improvement projects, internal programs, and community benefit projects. Specifically, in the 2021 fiscal year, the foundation contributed $683,722 towards patient care and family support, $475,196 towards equipment and facility enhancements, $29,903 towards internal programs, and $17,487 towards community benefit projects.

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Impact




July, 2024

Sanford Health Foundation West's impact lies in inspiring philanthropy to advance the mission of Sanford Health. Through their efforts, they facilitate and engage in philanthropic investments that support local health-care programs, services, and operations of Sanford Health. Donations to the foundation contribute to patient care and family support, equipment and facility improvement projects, internal programs, and community benefit initiatives. This ultimately helps in fostering health, healing, and comfort within the community.




This information is meant to be a general summary of Sanford Health Foundation West. 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.

Revenue
$3,931,966 (2022)
Expenses
$1,427,811 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,020,078
  • Gross Receipts: $5,206,665

Assets and Liabilities:

  • Total Assets: $26,792,372
  • Total Liabilities: $50,196
  • Net Assets: $26,742,176

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Organization Details

Founding Year

1986

Principal Officer

Bill Gassen

Main Address

PO BOX 5039 RT 5218, SIOUX FALLS, SD, 571175039

NTEE Category

Code: E22I - Health

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