Overview
What is Mcleod Health Foundation?
Mcleod Health Foundation is a subsidiary company of Mcleod Health, based in Florence, South Carolina. The foundation's mission is to generate philanthropic and community support for MCLEOD HEALTH, aiming to perpetuate medical excellence across various programs. Some of these programs include supporting McLeod Children's Hospital, the Guest House at McLeod, McLeod Hospice, McLeod Cancer Center for Treatment and Research, and McLeod Diabetes Services. The foundation's donations have funded various initiatives, such as the Helpings Oncology Patients Everyday (HOPE) Fund, which assists oncology patients with transportation, medication, education, and other necessities. Additionally, grants have been awarded for equipment upgrades in McLeod Children's Hospital, neonatal intensive care, and cardiac rehabilitation programs, among others. The foundation's efforts contribute significantly to improving healthcare services and enhancing the quality of life for thousands of families in the northeastern and southeastern regions of South Carolina.
Official website here: www.mcleodhealth.org/foundation/
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The McLeod Health Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 95% in the Accountability & Finance category, the foundation demonstrates excellence in governance, including a fully independent board and robust financial oversight practices. The foundation also maintains effective policies for conflict of interest, whistleblower protection, and document retention, ensuring transparency and ethical management.
Financially, the foundation showcases impressive metrics with a program expense ratio of 83.85%, indicating that a significant portion of its funds is directed towards its charitable activities. Additionally, its fundraising efficiency is strong, with a cost of $0.13 to raise a dollar, which is favorable for sustaining operations. The low liabilities to assets ratio of 21.29% and a working capital ratio of 1.65 years further solidify its financial stability.
While the foundation's ratings and metrics are overwhelmingly positive, continued vigilance in governance and financial practices will be essential as it grows. Overall, the McLeod Health Foundation exemplifies effective nonprofit management and dedication to its mission, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Mcleod Health Foundation legitimate?
Mcleod Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcleod 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:
Executive Compensation: $343,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $787,106
For more financial information, click here
Official website here: www.mcleodhealth.org/foundation/
What is the mission statement of Mcleod Health Foundation?
The Mcleod Health Foundation is dedicated to generating philanthropic and community support to perpetuate medical excellence at Mcleod Health. Through this mission, the foundation has provided essential funding for numerous programs, including those at Mcleod Children's Hospital, the Guest House at Mcleod, Mcleod Hospice, Mcleod Cancer Center for Treatment and Research, and Mcleod Diabetes Services. The grants awarded by the foundation enable the purchase of advanced medical equipment, such as a 3D mammography unit, and support initiatives like home health care, oncology patient assistance, and hospice programs. The goal is to enhance the quality of healthcare services for thousands of families in the region.
Official website here: www.mcleodhealth.org/foundation/
Who is the CEO of Mcleod Health Foundation?
Donna Isgett is the Principal Officer of Mcleod Health Foundation.
Official website here: www.mcleodhealth.org/foundation/
What is the revenue of Mcleod Health Foundation?
Mcleod Health Foundation's revenue in 2022 was $14,062,934.
Official website here: www.mcleodhealth.org/foundation/
Who are the executives of Mcleod Health Foundation and what are their salaries?
The average compensation at Mcleod Health Foundation during 2022 was $75,349. There are 15 employees and 150 volunteers at Mcleod Health Foundation.
Here are 30 key members and their salaries:
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- Compensation: $348,434
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- Other: $32,637
Official website here: www.mcleodhealth.org/foundation/
Where can I find the form 990 for Mcleod Health Foundation?
Mcleod Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcleodhealth.org/foundation/
Learn more at the official website: www.mcleodhealth.org/foundation/
Mission Statement of Mcleod Health Foundation
Mcleod Health Foundation, a subsidiary company, is committed to generating philanthropic and community support for perpetuating medical excellence at Mcleod Health. In simple terms, its mission is to fund better health for countless families throughout Northeastern South Carolina and Southeastern North Carolina.
Through the generosity of the region, Mcleod Health Foundation has provided support for numerous programs at Mcleod Health. These include, but are not limited to, McLeod Children's Hospital, The Guest House at McLeod, McLeod Hospice, McLeod Cancer Center for Treatment and Research, and McLeod Diabetes Services. By funding these initiatives, the foundation has significantly contributed to the provision of essential services in various fields, from cancer treatment to hospice care and diabetes management.
The foundation's grants have made a substantial impact on the lives of patients. For instance, the Hope Fund for the McLeod Center for Cancer Treatment and Research supports oncology patients through means like transportation, medication assistance, and educational materials. Additionally, the grant for McLeod Hospice ensures that underfunded patients continue to receive needed medications, inpatient care, and home visits.
The McLeod Heart and Vascular Institute received funding to benefit congestive heart failure and cardiac rehabilitation patients. This grant helps provide necessary supplies and equipment for self-management and quality of life improvements. The cardiac rehabilitation program at McLeod Dillon and McLeod Cheraw also received funding for patient scholarships and equipment to expand services for cardiac and pulmonary patients.
In summary, the Mcleod Health Foundation is a driving force behind the enhancement and expansion of healthcare services at Mcleod Health, touching the lives of thousands of families in need. Its philanthropic efforts enable access to vital programs and resources, making a significant difference in the communities it serves.
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Impact
October, 2024
Mcleod Health Foundation significantly enhances healthcare within the communities of northeastern South Carolina and southeastern North Carolina. By generating philanthropic and community support, the foundation has made substantial contributions to various programs designed to improve medical services and patient care at Mcleod Health.
The foundation's initiatives have directly benefited thousands of families by funding essential services, such as the Mcleod Children's Hospital, Hospice, and Cancer Center. For instance, the HOPE Fund at the Mcleod Cancer Center provides critical assistance to oncology patients, covering transportation costs, medications, and educational resources. This support alleviates some of the burdens faced by patients navigating their cancer journeys, ultimately promoting better health outcomes.
In terms of cancer detection, the foundation has facilitated the acquisition of a 3D mammography unit, enabling early breast cancer detection for over 56,000 women across 18 counties. This initiative addresses healthcare accessibility issues, particularly for women who may lack transportation to obtain vital screenings.
Support for hospice care has also been a prominent focus, ensuring that patients receive quality end-of-life care, irrespective of their financial situation. Grants have provided funding for necessary medications, supplies, and bereavement services, emphasizing the foundation's commitment to compassionate care during difficult times.
Furthermore, Mcleod Health Foundation has made strides in cardiovascular and diabetes care. By funding cardiac rehabilitation programs and diabetes support initiatives, the foundation has enhanced patient resources and education, improving quality of life for those with chronic conditions.
Other notable efforts include support for the Mcleod Behavioral Health program, injury prevention initiatives, and maternal and neonatal care. These programs reflect a comprehensive approach to health, addressing not only immediate medical needs but also the broader social determinants of health.
Overall, Mcleod Health Foundation's impact is profound, as it fosters medical excellence and community health through diverse programs and services, ultimately creating healthier communities in the region.
This information is meant to be a general summary of Mcleod 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: $469,008
- Gross Receipts: $42,251,566
Assets and Liabilities:
- Total Assets: $21,679,285
- Total Liabilities: $4,617,148
- Net Assets: $17,062,137
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Organization Details
Founding Year
1986
Phone
(843) 777-2256Principal Officer
Donna Isgett
Main Address
PO BOX 100551, FLORENCE, SC, 29506
NTEE Category
Code: E22I - Health
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