Overview
What is Franciscan Foundation?
The Franciscan Foundation, headquartered in Tacoma, WA, serves as a charitable entity that collects, manages, and distributes funds for Franciscan Health System. As an affiliate of Commonspirit Health, its mission is to enhance the well-being of at-risk individuals and promote social justice for all. Jeanne Jachim oversees the foundation's operations, which primarily involve soliciting and managing donations to support Franciscan Health System's goal of fostering healthier communities. The foundation's activities align with the health system's mission of providing healthcare, especially for the vulnerable, while advocating for social justice.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)
The Franciscan Foundation has received an impressive rating of 89%, reflecting strong accountability and financial management practices. The foundation boasts a nearly perfect score in key areas such as board independence and financial oversight, with 91% of its board members being independent and a robust audit and oversight committee in place. This high level of governance indicates a commitment to transparency and ethical management.
Despite its strengths, the foundation's program expense ratio of 64.58% suggests that a significant portion of its budget is allocated to administrative and fundraising costs. Additionally, while its fundraising efficiency ratio of $0.25 per dollar raised is reasonable, there may be room for improvement in maximizing the funds directed towards its core mission.
Overall, the Franciscan Foundation demonstrates strong financial health and governance, but potential donors might want to consider the balance between administrative costs and programmatic impact when evaluating their support.
This AI summary has been generated from information found on Charity Navigator.
Is Franciscan Foundation legitimate?
Franciscan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan 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: $0
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of Franciscan Foundation?
The Franciscan Foundation, being an affiliate of Commonspirit Health, works towards improving the health of the vulnerable population and advocating for social justice for all. It achieves this by soliciting, receiving, and administering charitable gifts, with the ultimate goal of contributing to the mission of building healthier communities. The foundation's mission aligns with that of its parent organization, Franciscan Health System, by making the healing presence of God known in the world.
Official website here: www.see schedule o
Who is the CEO of Franciscan Foundation?
Jeanne Jachim is the Vp/Chief Philanthropy Officer/Foundation President of Franciscan Foundation. The CEO's salary of Franciscan Foundation is $0 and their total compensation is $3,596,145.
Official website here: www.see schedule o
What is the revenue of Franciscan Foundation?
Franciscan Foundation's revenue in 2022 was $3,329,534.
Official website here: www.see schedule o
Who are the executives of Franciscan Foundation and what are their salaries?
There 24 volunteers at Franciscan Foundation.
Here are 35 key members and their salaries (Franciscan Foundation's CEO's salary is $0 and their total compensation is $3,596,145):
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- Related: $3,565,171
- Other: $30,974
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- Other: $38,065
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- Other: $21,802
- Compensation: $381,520
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- Other: $27,011
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- Related: $175,674
- Other: $27,022
- Compensation: $0
- Related: $92,237
- Other: $28,326
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Official website here: www.see schedule o
Where can I find the form 990 for Franciscan Foundation?
Franciscan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Franciscan Foundation
The Franciscan Foundation, as an affiliate of Commonspirit Health, is committed to making the healing presence of God known in the world. Their mission is centered around improving the health of vulnerable individuals and promoting social justice for all. By soliciting, receiving, and administering charitable gifts, the Franciscan Foundation contributes to building healthier communities, aligning with Franciscan Health System's mission. The foundation's work is instrumental in enhancing the well-being of those who are in need, thereby advocating for a more equitable society.
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Impact
July, 2024
The Franciscan Foundation's impact is focused on improving the health of vulnerable individuals and advancing social justice for all. By soliciting, receiving, and administering charitable gifts for Franciscan Health System, the foundation plays a crucial role in building healthier communities. Led by Jeanne Jachim and located in Tacoma, WA, the foundation's mission aligns with CommonSpirit Health's goal of making the healing presence of God known in the world. Through its activities, the Franciscan Foundation contributes to enhancing the well-being of those in need and promoting equality in healthcare.
This information is meant to be a general summary of Franciscan 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: $1,596,558
- Gross Receipts: $3,338,530
Assets and Liabilities:
- Total Assets: $29,667,493
- Total Liabilities: $28,510
- Net Assets: $29,638,983
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Organization Details
Founding Year
1986
Phone
(253) 680-3687Principal Officer
Jeanne Jachim
Main Address
PO BOX 1502, TACOMA, WA, 984011502
Website
www.see schedule oNTEE Category
Code: E22I - Health
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