Overview
What is St Luke's Foundation?
St. Luke's Foundation is a philanthropic organization based in Houston, Texas, with a strong commitment to the transformative mission and vision of CHI St. Luke's Health. Through various fundraising events, such as the Annual Friends of Nursing Luncheon, the foundation supports educational, research, and healthcare initiatives. Its primary aim is to assist CHI St. Luke's Health in serving as a beacon of health and healing within the community. By going beyond hospital walls, the foundation strives to create healthier communities. The Annual Friends of Nursing Luncheon specifically raises funds for nursing scholarships, fellowships, and research at Baylor St. Luke's, benefiting over 170 deserving recipients since 1987. Due to the COVID-19 pandemic, the 2020 luncheon was canceled. The foundation's mission aligns with CommonSpirit Health by making the healing presence of God known in the world, improving health for the vulnerable, and advancing social justice.
Official website here: www.supportstlukes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
St Luke's Foundation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 72%. The organization demonstrates strong governance practices, evidenced by its high percentage of independent board members and comprehensive financial oversight measures such as the audit and oversight committee. Additionally, the foundation exhibits excellent program expense management and fundraising efficiency.
However, the foundation faces significant challenges in its financial health, as indicated by a liabilities to assets ratio of over 100% and a negative working capital ratio. These financial metrics suggest that the organization may be operating with more liabilities than assets, which could impact its sustainability and ability to fulfill its mission in the long term. Stakeholders should be cautious and consider these financial aspects when evaluating the organization's viability.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke's Foundation legitimate?
St Luke's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke'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: $331,673
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,100,036
For more financial information, click here
Official website here: www.supportstlukes.org
What is the mission statement of St Luke's Foundation?
The St. Luke's Foundation, an affiliate of CommonSpirit Health, strives to make the healing presence of God known in the world by improving the health of the people they serve, focusing on those who are vulnerable. Their mission is to promote healthcare excellence, advancements in medical science, and enhance community health in the areas serviced by the Chi St. Luke's Health System in Texas. The foundation supports the transformative mission and vision of Chi St. Luke's Health through philanthropic efforts, such as the Annual Friends of Nursing Luncheon. By raising funds for education, research, and health initiatives, the foundation helps Chi St. Luke's Health serve as a beacon of health and healing. Their legacy of care guides them as they work with committed donors to usher in a new era of healthcare by extending beyond hospital walls to create healthier communities.
Official website here: www.supportstlukes.org
What is the revenue of St Luke's Foundation?
St Luke's Foundation's revenue in 2024 was $9,208,337.
Official website here: www.supportstlukes.org
Who are the executives of St Luke's Foundation and what are their salaries?
The average compensation at St Luke's Foundation during 2024 was $143,171. There are 10 employees and 11 volunteers at St Luke's Foundation.
Here are 18 key members and their salaries:
- Compensation: $0
- Related: $3,396,538
- Other: $218,609
- Compensation: $0
- Related: $734,750
- Other: $31,236
- Compensation: $331,231
- Related: $0
- Other: $15,786
- Compensation: $258,864
- Related: $0
- Other: $25,671
- Compensation: $0
- Related: $188,935
- Other: $17,614
- Compensation: $156,143
- Related: $0
- Other: $22,082
- Compensation: $109,745
- Related: $0
- Other: $47,415
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.supportstlukes.org
Where can I find the form 990 for St Luke's Foundation?
St Luke's Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.supportstlukes.org
Learn more at the official website: www.supportstlukes.org
Mission Statement of St Luke's Foundation
St. Luke's Foundation, an affiliate of CommonSpirit Health, is dedicated to promoting healthcare excellence, advances in medical science, and improving community health in the areas served by the Chi St. Luke's Health System in Texas. Their mission is rooted in a desire to make the healing presence of God known in the world, as they strive to improve the health of the people they serve, particularly those who are vulnerable. The foundation believes in advancing social justice for all, aligning their philanthropic efforts with the transformative mission and vision of Chi St. Luke's Health.
By raising funds through events such as the annual Friends of Nursing Luncheon, St. Luke's Foundation supports education, research, and health initiatives within Chi St. Luke's Health. The foundation's legacy of care guides them, as they work together with committed donors to usher in a new era of healthcare. The Friends of Nursing Luncheon, in particular, has been instrumental in providing nursing scholarships, fellowships, and funding for nursing research at Baylor St. Luke's since 1987. Over 170 deserving recipients have been able to advance their nursing careers thanks to the generosity and vision of Friends of Nursing supporters. However, due to the COVID-19 pandemic, the annual Friends of Nursing Luncheon was unfortunately cancelled.
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Impact
July, 2024
St. Luke's Foundation's impact is felt through its efforts to promote healthcare excellence, advances in medical science, and improvements in community health in the areas served by the CHI St. Luke's Health System in Texas. The Foundation supports the transformative mission and vision of CHI St. Luke's Health through philanthropic endeavors such as the annual Friends of Nursing Luncheon. By raising funds for education, research, and health initiatives, the Foundation helps CHI St. Luke's Health serve as a beacon of health and healing. Their legacy of care guides them as they, together with committed donors, usher in a new era of healthcare by extending beyond hospital walls to create healthier communities. The annual Friends of Nursing Luncheon, which raises funds for nursing scholarships, fellowships, and nursing research at Baylor St. Luke's, has significantly advanced the nursing careers of over 170 deserving recipients since 1987.
This information is meant to be a general summary of St Luke'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 2024.
- Investment Income: $721,068
- Gross Receipts: $9,208,337
Assets and Liabilities:
- Total Assets: $84,297,994
- Total Liabilities: $88,452,907
- Net Assets: -$4,154,913
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Organization Details
Founding Year
2011
Principal Officer
T Douglas Lawson
Website
www.supportstlukes.orgNTEE Category
Code: E80 - Health
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