Overview
What is St Luke's Foundation Inc?
St. Luke's Foundation Inc, located in Columbus, North Carolina, is a nonprofit organization dedicated to supporting St. Luke's Hospital. Their primary goal is to enhance the delivery of superior healthcare to the local community. They achieve this by maintaining and soliciting memberships from various donor societies, with contributions ranging from $1,000 to $10,000 or more. The foundation's mission is to ensure the long-term viability of St. Luke's Hospital while supporting new and existing hospital services for the benefit of the community. The organization's vision is to raise funds in support of the hospital, providing exemplary healthcare services that are easily accessible to the local population.
Official website here: www.foundationslh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
St Luke's Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a total of 96%, indicating robust financial health and transparency. This high score is driven entirely by its accountability and finance metrics, suggesting that the foundation is effectively managing its resources and adhering to best practices in financial stewardship.
The foundation's strengths include a fully independent board of directors, with all 24 members meeting independence criteria, and high marks in financial oversight, including an exemplary performance in audit and oversight processes. Additionally, the organization has established comprehensive policies on conflicts of interest, whistleblowing, and document retention, further demonstrating its commitment to ethical governance and operational transparency.
One notable metric is the program expense ratio of 83.91%, indicating that a significant portion of its funds is directed toward its primary mission-related activities rather than administrative costs. This is a positive sign for donors looking for impactful charitable organizations. Overall, St Luke's Foundation Inc is characterized by strong governance, financial integrity, and a focus on fulfilling its charitable objectives effectively.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke's Foundation Inc legitimate?
St Luke's Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke's Foundation Inc 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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Other Salaries and Wages: $100,717
For more financial information, click here
Official website here: www.foundationslh.org
What is the mission statement of St Luke's Foundation Inc?
St. Luke's Foundation's mission is to raise funds to support St. Luke's Hospital in providing exceptional healthcare services to the community. The foundation aims to ensure the long-term viability of St. Luke's Hospital and support new and existing hospital services for the benefit of the community. To accomplish this, the foundation maintains and solicits memberships from donors, categorized into The Palmer and Jervey Society, The Society of 1972, and The Society of 1928, based on their contribution amounts.
Official website here: www.foundationslh.org
Who is the CEO of St Luke's Foundation Inc?
Elizabeth Presnell is the Principal Officer of St Luke's Foundation Inc.
Official website here: www.foundationslh.org
What is the revenue of St Luke's Foundation Inc?
St Luke's Foundation Inc's revenue in 2022 was $937,939.
Official website here: www.foundationslh.org
Who are the executives of St Luke's Foundation Inc and what are their salaries?
Here are 25 key members and their salaries:
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Official website here: www.foundationslh.org
Where can I find the form 990 for St Luke's Foundation Inc?
St Luke's Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundationslh.org
Learn more at the official website: www.foundationslh.org
Mission Statement of St Luke's Foundation Inc
St. Luke's Foundation, a charitable organization, is dedicated to raising funds to support St. Luke's Hospital in providing exceptional healthcare to their community. The mission of St. Luke's Foundation is twofold. Firstly, it aims to ensure the long-term viability of St. Luke's Hospital, ensuring the continuity of its services for the benefit of the community. Secondly, the foundation supports new and existing hospital services by funding projects that enhance the delivery of high-quality healthcare to the residents within St. Luke's Hospital's service area.
To accomplish this mission, St. Luke's Foundation maintains and solicits memberships from donors. The Palmer and Jervey Society consists of donors who contribute at least $1,000 up to $4,999. The Society of 1972 comprises donors who contribute at least $5,000 up to $9,999. Lastly, the Society of 1928 includes donors who contribute at least $10,000, demonstrating the commitment and generosity of these contributors to the foundation's mission.
In summary, St. Luke's Foundation's mission is to support St. Luke's Hospital in providing top-notch healthcare to the community by ensuring its longevity and funding projects that enhance healthcare delivery. The foundation achieves this through maintaining memberships from donors and categorizing them based on their donation amounts.
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Impact
July, 2024
St Luke's Foundation Inc's impact can be seen through its support of St. Luke's Hospital in providing exceptional healthcare services to the community. By raising funds to enhance the delivery of healthcare and support various projects at the hospital, the Foundation plays a crucial role in ensuring the long-term viability of St. Luke's Hospital. Through memberships like the Palmer and Jervey Society, the Society of 1972, and the Society of 1928, donors contribute significantly to furthering the Foundation's mission of exemplary healthcare provision. This strategic fundraising approach not only sustains the hospital but also helps in developing and expanding healthcare services for the benefit of the community.
This information is meant to be a general summary of St Luke's Foundation Inc. 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: $152,066
- Gross Receipts: $983,871
Assets and Liabilities:
- Total Assets: $6,156,829
- Total Liabilities: $7,626
- Net Assets: $6,149,203
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Organization Details
Founding Year
1991
Phone
(828) 894-2693Principal Officer
Elizabeth Presnell
Main Address
89 WEST MILLS STREET B, COLUMBUS, NC, 28722
Website
www.foundationslh.orgNTEE Category
Code: Z99Z - Unknown
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