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Sanford Health Foundation North

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

EIN: 450398104 ✦ Sioux falls, SD ✦ Designated as a 501(c)(3)

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Overview

What is Sanford Health Foundation North?

Sanford Health Foundation North is a nonprofit organization that stimulates philanthropic investments and fosters community engagement in support of local health care programs, services, and initiatives. The foundation primarily focuses on three main areas: providing patient care and family support, funding equipment and facility improvement projects, and sponsoring the Edith Breast Health Initiative. Additionally, donations contribute to employee benefits, community benefits, and various other support services. The foundation's primary mission is to inspire philanthropy, ensuring that 100% of donor contributions directly contribute to advancing the mission of Sanford Health, a prominent rural health system in the U.S., and related entities, thereby contributing to health, healing, and comfort.


Official website here: www.sanfordhealthfoundation.org

What are the reviews and ratings of this charity?

93% rating from Charity Navigator.

Sanford Health Foundation North has achieved a Four-Star out of Four Star rating, reflecting its strong performance in multiple evaluation categories. The organization excels in Accountability & Finance with a score of 92% and demonstrates outstanding Leadership & Adaptability and Culture & Community, both rated at 100%. Its financial health is robust, with a very low liabilities to assets ratio of 0.21% and a perfect program expense ratio of 100%, indicating efficient utilization of resources towards its mission.

The foundation's governance is solid, with 46% of its board members being independent. It has implemented comprehensive policies ensuring transparency and ethical governance, including conflict of interest and whistleblower policies. Additionally, the foundation actively collects and utilizes feedback to enhance its operations, showcasing a commitment to community engagement and adaptability in a changing environment.

While the foundation shows exceptional strengths, it should remain vigilant in maintaining its high standards as external challenges evolve. With defined goals focused on donor engagement and resource acquisition, Sanford Health Foundation North is well-positioned to continue its impactful mission of improving the human condition through healthcare excellence.


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

Is Sanford Health Foundation North legitimate?

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

The Sanford Health Foundation North's mission is to inspire philanthropy, ultimately aiming to advance the mission of Sanford Health, the largest rural health system in the U.S., and related exempt entities. The foundation encourages philanthropic investment and fosters community engagement around local healthcare-related programs, services, and initiatives. Donor dollars, in full, are utilized to fund local priorities, primarily supporting patient care and family support, equipment and facility improvement projects, employee benefits, community benefits, and various other initiatives.


Official website here: www.sanfordhealthfoundation.org

Who is the CEO of Sanford Health Foundation North?

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


Official website here: www.sanfordhealthfoundation.org

What is the revenue of Sanford Health Foundation North?

Sanford Health Foundation North's revenue in 2022 was $5,587,822.


Official website here: www.sanfordhealthfoundation.org

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

There 107 volunteers at Sanford Health Foundation North.


Here are 16 key members and their salaries (Sanford Health Foundation North'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 North?

Sanford Health Foundation North'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 North

Sanford Health Foundation North's mission is centered around inspiring philanthropy to bolster the objectives of Sanford Health, the nation's largest rural healthcare system, and related exempt entities. In a nutshell, the foundation aims to channel 100% of donor contributions towards local priorities that support health, healing, and comfort within the Sanford Health system.

Moreover, Sanford Health Foundation North serves as a catalyst for philanthropic investment and fosters community engagement around healthcare-related programs, services, and initiatives. Donations primarily contribute to patient care and family support, as well as facility and equipment improvements. The foundation's contributions also extend to projects such as the Edith Breast Health Initiative and employee benefits. Additionally, Sanford Health Foundation North's activities include community benefit and various other support services, all aimed at advancing the mission of Sanford Health and enhancing the health and well-being of the communities it serves.

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Impact




July, 2024

Sanford Health Foundation North's impact lies in inspiring philanthropy to advance the mission of Sanford Health, the largest rural health system in the U.S. By facilitating and encouraging charitable investment, the foundation directly supports local health care-related programs, services, and health initiatives. Donations to Sanford Health Foundation North help provide crucial patient care and family support, fund equipment and facility improvement projects, contribute to breast health initiatives, support employee benefits, and benefit the community at large. Through its work, Sanford Health Foundation North plays a vital role in enhancing health, healing, and comfort in the region.




This information is meant to be a general summary of Sanford Health Foundation North. 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
$5,587,822 (2022)
Expenses
$5,164,792 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,009,448
  • Gross Receipts: $8,143,005

Assets and Liabilities:

  • Total Assets: $89,361,279
  • Total Liabilities: $193,543
  • Net Assets: $89,167,736

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Organization Details

Founding Year

1986

Principal Officer

Bill Gassen

Main Address

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

NTEE Category

Code: E122 - Health

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