Carondelet Foundation Inc

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

EIN: 860749574 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Carondelet Foundation Inc?

Carondelet Foundation Inc is a charitable organization, situated in St. Louis, Missouri, with a focus on distributing donations to further its mission of enhancing general healthcare services, in line with Ascension Health's commitment. As part of Ascension Catholic Health Ministry, it supports both patient care and the well-being of healthcare providers and associates during challenging times, such as the COVID-19 pandemic. The foundation is dedicated to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities, embodying the loving ministry of Jesus, particularly towards the poor and vulnerable. Rooted in this compassionate and just mission, the foundation advocates for a society that values and cares for all its members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (74%)

The Carondelet Foundation Inc currently holds a two-star rating, indicating areas where the organization can improve its accountability and transparency. With an overall score of 74%, it excels in managing its program expenses, boasting a high program expense ratio of 92.62%. This suggests that a significant portion of its funds is directed towards its charitable activities, which is a positive indicator of its mission-driven focus.

However, the foundation faces notable challenges in governance and board independence, as it has 0% independent board members. This lack of independent oversight may raise concerns about potential conflicts of interest and overall organizational integrity. Additionally, the foundation's website does not provide access to important documents, such as its tax form, which undermines transparency efforts.

On a more positive note, the organization has established various policies, including conflict of interest and whistleblower protections, showcasing its commitment to ethical practices. Despite the strengths in program expenses and certain governance policies, the Carondelet Foundation must address its board composition and transparency issues to enhance its overall effectiveness and trustworthiness in the nonprofit sector.


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

Is Carondelet Foundation Inc legitimate?

Carondelet Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carondelet 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Carondelet Foundation Inc?

Carondelet Foundation Inc's mission is rooted in the loving ministry of Jesus as a healer. They are committed to serving all individuals, with a special focus on those who are poor and vulnerable. Their mission is centered around providing spiritually-grounded, holistic healthcare that aims to sustain and improve the health of individuals and communities. Furthermore, Carondelet Foundation Inc advocates for a compassionate and just society, expressing this commitment through their actions and words.

Who is the CEO of Carondelet Foundation Inc?

Unavailable

What is the revenue of Carondelet Foundation Inc?

Carondelet Foundation Inc's revenue in 2022 was $475,230.

Who are the executives of Carondelet Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Christine K Mccoy Jd (Chair)
  • Compensation: $0
  • Related: $3,072,739
  • Other: $61,131
Jenna Courtney Mihm (Secretary/Treasurer)
  • Compensation: $0
  • Related: $733,769
  • Other: $31,645
Robert B Smith Iii (Director/President)
  • Compensation: $0
  • Related: $577,652
  • Other: $44,601
Anthony J Speranzo (Former Officer (End 3/2020))
  • Compensation: $0
  • Related: $5,490,642
  • Other: $51,702
James K Beckmann (Former Officer (End 3/2020))
  • Compensation: $0
  • Related: $606,889
  • Other: $0
Where can I find the form 990 for Carondelet Foundation Inc?

Carondelet Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carondelet Foundation Inc

Carondelet Foundation Inc, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals, with a special focus on the poor and vulnerable. The foundation is dedicated to providing spiritually-centered, holistic care that not only sustains but improves the health of individuals and communities. This approach to healthcare is a reflection of their Catholic health ministry, which seeks to promote compassion and justice in society through their actions and words. Carondelet Foundation Inc's mission is to make a meaningful impact on the lives of those they serve, ensuring that they are treated with dignity and respect, and providing them with the resources they need to lead healthy and fulfilling lives.

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Impact




July, 2024

Carondelet Foundation Inc is dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. As part of the Ascension Catholic Health Ministry, the foundation serves to further charitable activities and support the general healthcare mission of Ascension Health. In the face of the challenges presented by the global COVID-19 pandemic, the foundation has played a crucial role in supporting caregivers, associates, and communities with compassion and dedication. Through its commitment to serving the poor and vulnerable, Carondelet Foundation Inc advocates for a compassionate and just society among all individuals and communities.




This information is meant to be a general summary of Carondelet 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.

Revenue
$475,230 (2022)
Expenses
$25,147 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $81,821
  • Program Service Revenue: $296,778
  • Gross Receipts: $475,230

Assets and Liabilities:

  • Total Assets: $900,355
  • Total Liabilities: $45,071
  • Net Assets: $855,284

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INCOME FROM JOINT VENTURES

Revenue

$296,778

Organization Details

Founding Year

1993

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: X20 - Religion related

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