Overview
What is Lmh Health Foundation?
The Lmh Health Foundation is a nonprofit organization based in Lawrence, Kansas, specifically located at 316 Maine Street, 66044. Their mission is to inspire community and philanthropic support, aiming to strengthen LMH Health as a partner for lifelong health. The foundation has seen substantial growth in donations and community involvement over the past year, with over 6.5 million dollars raised for the expansion of the LMH Health Cancer Center. Their current goal is to raise as much of the anticipated 9-11 million cost as possible. The expansion project will upgrade the Cancer Center's current space and significantly increase its square footage. In 2022, the foundation received two major grants to support this vital project.
Official website here: www.lmh.org/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
The Lmh Health Foundation has achieved a remarkable 97% score on Charity Navigator, reflecting its strong performance in accountability and finance. This high rating is particularly significant as it indicates a commitment to transparency and responsible management of resources, which is essential for donor trust and support.
The organization boasts a fully independent board of 19 members and has robust financial oversight mechanisms in place, including an audit committee and comprehensive policies regarding conflict of interest and whistleblower protections. Additionally, the foundation demonstrates effective financial health, with a very low liability-to-assets ratio and a program expense ratio of 86.16%, showing that a significant portion of its funds directly supports its programs.
While the financial metrics are impressive, potential donors and stakeholders may want to consider the overall impact of the foundation's programs and initiatives, as the rating primarily focuses on financial accountability. However, the indicators of financial stability and operational integrity suggest that the Lmh Health Foundation is well-equipped to manage donations effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Lmh Health Foundation legitimate?
Lmh Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lmh Health 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:
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For more financial information, click here
Official website here: www.lmh.org/foundation
What is the mission statement of Lmh Health Foundation?
The LMH Health Foundation inspires community and philanthropic support to strengthen LMH Health as a partner for lifelong health. The organization's mission is to generate public commitment and donations to enhance LMH Health's capabilities.
One of the Foundation's key initiatives is the expansion of the LMH Health Cancer Center. In the past year, this project has received significant backing, with over 6.5 million dollars donated. LMH Health Foundation aims to contribute as much of the projected 9-11 million cost as possible. This expansion will modernize the Cancer Center's facilities and increase its square footage.
In 2022, the Foundation received two substantial grants to support the Cancer Center expansion project. By rallying support and resources, the LMH Health Foundation plays a vital role in fortifying LMH Health's capacity to deliver comprehensive health services.
Official website here: www.lmh.org/foundation
Who is the CEO of Lmh Health Foundation?
Rebecca Smith is the President of Lmh Health Foundation. The CEO's salary of Lmh Health Foundation is $0 and their total compensation is $0.
Official website here: www.lmh.org/foundation
What is the revenue of Lmh Health Foundation?
Lmh Health Foundation's revenue in 2022 was $15,115,126.
Official website here: www.lmh.org/foundation
Who are the executives of Lmh Health Foundation and what are their salaries?
There 363 volunteers at Lmh Health Foundation.
Here are 22 key members and their salaries (Lmh Health Foundation's CEO's salary is $0 and their total compensation is $0):
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- Related: $82,002
- Other: $8,036
Official website here: www.lmh.org/foundation
Where can I find the form 990 for Lmh Health Foundation?
Lmh Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmh.org/foundation
Learn more at the official website: www.lmh.org/foundation
Mission Statement of Lmh Health Foundation
LMH Health Foundation, a charitable organization, inspires community and philanthropic support to strengthen LMH Health as a partner for lifelong health. The foundation's mission is to boost funds for enhancing the capabilities of LMH Health.
One of the key areas LMH Health Foundation is focusing its efforts is the expansion of the LMH Health Cancer Center. The project has seen considerable progress, with community members and donors contributing over 6.5 million dollars towards the initiative. LMH Health Foundation made a public commitment in 2021 to raise as much of the projected 9-11 million cost as possible. This expansion will modernize the cancer center's facilities and significantly increase its square footage, ensuring better care and a more comprehensive approach to treating cancer patients. In 2022, the foundation received two major grants to support the cancer center expansion project. By securing these grants, LMH Health Foundation is making significant strides towards its goal of providing the best possible cancer care for the community.
LMH Health Foundation's dedication extends beyond just the cancer center expansion. By inspiring community support, the foundation plays a crucial role in helping LMH Health grow and adapt, ensuring it remains a top-tier partner for lifelong health.
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Impact
October, 2024
Lmh Health Foundation significantly impacts the community's health by fostering philanthropic support to enhance the resources and services of LMH Health. A primary focus has been the expansion of the LMH Health Cancer Center, which has seen remarkable support from local community members and donors, raising over $6.5 million toward the anticipated cost of $9-11 million. This expansion is crucial as it aims to update the facility and greatly increase its capacity, allowing for better patient care and services at the existing Maine Street location.
In addition to community fundraising efforts, the foundation successfully secured two major grants in 2022 to further support this vital project. By inspiring community involvement and financial contributions, the Lmh Health Foundation strengthens LMH Health's role as a key partner in promoting lifelong health for the residents of Lawrence, KS.
This information is meant to be a general summary of Lmh Health 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: -$47,908
- Gross Receipts: $25,286,003
Assets and Liabilities:
- Total Assets: $28,425,323
- Total Liabilities: $5,774
- Net Assets: $28,419,549
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Organization Details
Founding Year
1971
Phone
(785) 505-5005Principal Officer
Rebecca Smith
Main Address
316 MAINE STREET, LAWRENCE, KS, 66044
Website
www.lmh.org/foundationNTEE Category
Code: E110 - Health
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