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Swedish Medical Center Foundation

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

EIN: 910983214 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Swedish Medical Center Foundation?

The Swedish Medical Center Foundation, located in Seattle, Washington, serves as the fundraising arm for Swedish Health Services. Their mission is to support Swedish Health Services in advancing healthcare in the community and addressing the region's healthcare needs. In 2022, the foundation focused on increasing philanthropy within the organization, engaging more internal partners, and raising awareness of its impact. They provided substantial funding for various research initiatives, including molecular and genomic evaluation of cancer, cancer prevention and early detection, and immunology at the Swedish Cancer Institute and Swedish Neurosciences Institute. Additionally, they supported innovative programs such as the Stroke Nurse Navigator, Women's Brain Health Clinic, and Behavioral Health Fellowships. Philanthropy also played a crucial role in combating nursing burnout, providing workshops and retreats for nurses, and addressing health equity, diversity, and inclusion. Overall, the Swedish Medical Center Foundation's philanthropic efforts enabled significant progress in numerous areas, enhancing patient care and driving research advancements.


Official website here: www.swedishfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)

The Swedish Medical Center Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. With a score of 97%, the foundation demonstrates a commitment to transparency and responsible management of its resources, which is crucial for building trust with donors and the community.

One of the organization's notable strengths includes having a highly independent board, with 86% of members meeting this criterion, contributing to effective governance. Additionally, the foundation has implemented robust policies regarding conflict of interest, whistleblowing, and document retention, ensuring ethical oversight. The financial health indicators, such as a program expense ratio of 82.35% and a low fundraising efficiency ratio, suggest that the majority of funds are directed toward its mission, enhancing the organization's overall effectiveness.

Despite these strengths, it is essential for potential donors to remain aware of the ongoing need for transparency and accountability in any nonprofit organization. The Swedish Medical Center Foundation appears to have established strong practices in these areas; however, continued vigilance and community engagement are vital for sustaining its positive impact.


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

What do the Facebook reviews say about Swedish Medical Center Foundation?

78% of 603 reviewers on Facebook recommend the Swedish Medical Center Foundation. Here is a summary of their reviews: Many patrons express appreciation for the dedicated doctors and nursing staff, highlighting their thoughtful approach to patient care. Commenters have noted that the medical team invests time in understanding and addressing health issues, which contributes to effective planning for successful outcomes.

Overall, the sentiment leans positive, with a notable emphasis on the professionalism and attentiveness of the medical personnel. While some may indicate dissatisfaction or have reservations, the majority reaffirm the organization's commitment to quality healthcare, making it a trusted choice for many.


This AI summary has been generated from reviews found on Facebook.

Is Swedish Medical Center Foundation legitimate?

Swedish Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swedish Medical Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,583,564

For more financial information, click here


Official website here: www.swedishfoundation.org

What is the mission statement of Swedish Medical Center Foundation?

The Swedish Medical Center Foundation is dedicated to supporting the efforts of Swedish Health Services in advancing healthcare and meeting the needs of the community. In 2022, the foundation continued to develop a culture of philanthropy, increasing the number of internal partners, grateful patients, and community members making referrals and donations. These contributions significantly impacted various areas of research, education, programs, and supportive care, including the Paul G. Allen Research Center at Swedish Cancer Institute, Hematologic Malignancies Program, and the expansion of the Melanoma Program. Philanthropy also funded numerous clinical trials and research projects in molecular and genomic evaluation of cancer, cancer prevention and early detection, and immunology. By providing essential funding, the foundation has enabled advancements in healthcare and improved patient outcomes.


Official website here: www.swedishfoundation.org

Who is the CEO of Swedish Medical Center Foundation?

Andrea S King is the Board Member of Swedish Medical Center Foundation.


Official website here: www.swedishfoundation.org

What is the revenue of Swedish Medical Center Foundation?

Swedish Medical Center Foundation's revenue in 2022 was $29,716,152.


Official website here: www.swedishfoundation.org

Who are the executives of Swedish Medical Center Foundation and what are their salaries?

There 28 volunteers at Swedish Medical Center Foundation.


Here are 22 key members and their salaries:


Guy Hudson Md (Board Member)
  • Compensation: $0
  • Related: $3,182,849
  • Other: $440,797
Marybeth Formby (Treasurer/Cfo)
  • Compensation: $0
  • Related: $909,353
  • Other: $128,392
Sara Jo Grethlein Md (Board Member)
  • Compensation: $0
  • Related: $698,565
  • Other: $67,264
Hilary Domeika (Secretary/Sr Corp Council)
  • Compensation: $0
  • Related: $542,424
  • Other: $84,401
Betsy Vo (Frmr Off. - Div Senior Corp Counsel)
  • Compensation: $0
  • Related: $471,138
  • Other: $90,678
Tracy Ostrem (President/Cdo - Thru 7/22)
  • Compensation: $0
  • Related: $543,697
  • Other: $9,500
Andrea King (Vp, Phil. Svs. (Part Year))
  • Compensation: $0
  • Related: $255,341
  • Other: $30,689
Carla Millage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Lytle (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Wong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Pepper Toomey Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Hughes (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Swanson Rn Phd (Shs Board Chair - Thru 12/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Manley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Valentine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Cramer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rae Lembersky (Board Member - Thru 3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Cantu (Board Member (Part Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Berenstain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Sorensen Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Lundeen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.swedishfoundation.org

Where can I find the form 990 for Swedish Medical Center Foundation?

Swedish Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.swedishfoundation.org

Learn more at the official website: www.swedishfoundation.org

Mission Statement of Swedish Medical Center Foundation

Swedish Medical Center Foundation, a philanthropic organization, is dedicated to supporting the efforts of Swedish Health Services in advancing healthcare in the community and addressing the region's healthcare needs. By leveraging the generosity of donors, the foundation has been instrumental in funding various research, education, programs, and supportive care initiatives across several Swedish medical institutes.

At Swedish Cancer Institute (SCI), philanthropy played a crucial role in expanding clinical trials, research projects, and programs in molecular and genomic evaluation, cancer prevention, and early detection, and immuno-oncology. These initiatives have led to significant advancements in cancer care and treatment. Similarly, at Swedish Neurosciences Institute (SNI), philanthropy-funded projects have revolutionized brain tumor patient care, enabling innovative research, clinical trials, and care navigation services.

Moreover, philanthropy has significantly impacted numerous areas of healthcare, including the Women's Brain Health Clinic, which offers advanced education, primary dementia prevention, and gender-based research. In the Swedish Heart and Vascular Institute (SHVI), philanthropic support has led to the implementation of an experimental device for identifying early signs of vasopelegia and the development of a comprehensive atrial fibrillation network. Additionally, at Swedish Behavioral Health, donations have enabled the hiring of postdoctoral psychology fellows and the expansion of same-day behavioral health intervention services.

Overall, Swedish Medical Center Foundation serves as a vital catalyst in driving advancements in healthcare through its philanthropic efforts, making a significant difference in the lives of countless individuals by providing access to groundbreaking research, innovative treatments, and essential care services.

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Impact




October, 2024

Swedish Medical Center Foundation significantly enhances healthcare in the region by fostering a culture of philanthropy that directly impacts various initiatives across multiple medical disciplines. In 2022, its efforts led to increased funding for vital areas such as cancer research, immunotherapy, and early detection programs. The Swedish Cancer Institute benefitted from donations that supported clinical trials, enhancing patient care through advanced research in oncology.

The foundation played a crucial role in improving neurological care, funding initiatives at the Swedish Neuroscience Institute that included care navigation and cutting-edge clinical trials for brain tumor patients. Additionally, it supported the Swedish Heart and Vascular Institute with resources dedicated to women's heart health and innovations that improve outcomes for patients with atrial fibrillation.

Behavioral health advancements were made possible through philanthropic support, allowing for same-day interventions that enhanced patient access to necessary mental health services. The expansion of the women’s and children's program increased resources available to new mothers and their families, providing emotional and practical support through a diverse doula program.

The Swedish Digestive Health Institute received philanthropic investments that facilitated IBD research, allowing for more efficient patient screenings with new ultrasound technology. Initiatives in nursing addressed burnout through wellness workshops and leadership fellowships, positioning nursing staff for long-term success and satisfaction in their roles.

Moreover, the commitment to health equity facilitated programs that aim to close gaps in healthcare access for underserved populations. Cultural navigation efforts connected over 107,600 individuals to essential services, demonstrating the foundation's proactive approach to improve health outcomes through community engagement and partnerships.

In essence, the Swedish Medical Center Foundation's impact is profound, directly shaping advancements in healthcare delivery and fostering innovation that transforms patient experiences and outcomes across the region.




This information is meant to be a general summary of Swedish Medical Center 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.

Revenue
$29,716,152 (2022)
Expenses
$27,525,732 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,642,124
  • Gross Receipts: $30,232,937

Assets and Liabilities:

  • Total Assets: $135,394,870
  • Total Liabilities: $4,239,999
  • Net Assets: $131,154,871

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Organization Details

Founding Year

1976

Principal Officer

Andrea S King

Main Address

747 BROADWAY, SEATTLE, WA, 98122

NTEE Category

Code: E120 - Health

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