Overview
What is Redwood Memorial Foundation?
Redwood Memorial Foundation is a charitable organization based in Eureka, California, serving communities like Eureka, Fortuna, Ferndale, Lota Rio Dell, and beyond. With over 210 employees, it supports Redwood Memorial Hospital in providing essential healthcare services, focusing on areas such as emergency medicine, diagnostics, cancer programs, and community-based programs. The foundation is committed to realizing its mission through its Catholic healthcare ministry, which has been a part of the community for nearly a century. It offers patient financial assistance and runs programs like the Community Resource Centers and Care Network, providing resources and support to those in need. The foundation is also dedicated to reducing its carbon footprint and promoting environmental stewardship.
Official website here: www.foundation.providence.org/ca/redwood
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating.
The Redwood Memorial Foundation has achieved a commendable 91% rating, reflecting a strong commitment to accountability and financial management. This rating is based entirely on their Accountability & Finance score, indicating that the organization adheres to high standards in its operations. The foundation boasts an independent board with 82% independent members, demonstrating a solid governance structure that minimizes conflicts of interest.
Financially, the organization shows a robust position with a liabilities to assets ratio of just 0.05%, which highlights its financial stability. The foundation has also implemented comprehensive policies, including conflict of interest and whistleblower policies, enhancing its governance framework. However, the program expense ratio is slightly lower at 65.69%, suggesting that there may be room for improvement in directing more funds toward programmatic expenses relative to administrative costs. Overall, the Redwood Memorial Foundation appears to be a reliable choice for donors seeking transparency and effective management in their charitable contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Redwood Memorial Foundation legitimate?
Redwood Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood Memorial 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: $125,907
For more financial information, click here
Official website here: www.foundation.providence.org/ca/redwood
What is the mission statement of Redwood Memorial Foundation?
The Redwood Memorial Foundation's mission, in essence, is to serve all, with a particular focus on the vulnerable, as expressions of God's healing love, witnessed through the ministry of Jesus. They advocate for vulnerable populations and needed reforms in healthcare, pursuing innovative ways to transform healthcare by keeping people healthy and making services more convenient, accessible, and affordable for all. The foundation is committed to providing high-quality, compassionate care for everyone, regardless of coverage or ability to pay. They help communities benefit from the best healthcare model for the future, working towards a more equitable and sustainable future. Through community benefit programs and high-impact investments, they aim to meet basic health needs and remove barriers to care, build community resilience, and innovate for the future.
Official website here: www.foundation.providence.org/ca/redwood
Who is the CEO of Redwood Memorial Foundation?
Heather Setton is the Director - Thru 7/22 of Redwood Memorial Foundation.
Official website here: www.foundation.providence.org/ca/redwood
What is the revenue of Redwood Memorial Foundation?
Redwood Memorial Foundation's revenue in 2022 was $733,599.
Official website here: www.foundation.providence.org/ca/redwood
Who are the executives of Redwood Memorial Foundation and what are their salaries?
There 35 volunteers at Redwood Memorial Foundation.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $991,137
- Other: $41,103
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- Related: $447,648
- Other: $54,063
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- Related: $242,244
- Other: $37,997
- Compensation: $0
- Related: $167,307
- Other: $18,859
- Compensation: $0
- Related: $141,196
- Other: $28,517
- Compensation: $0
- Related: $54,982
- Other: $7,693
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- Other: $0
Official website here: www.foundation.providence.org/ca/redwood
Where can I find the form 990 for Redwood Memorial Foundation?
Redwood Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.providence.org/ca/redwood
Learn more at the official website: www.foundation.providence.org/ca/redwood
Mission Statement of Redwood Memorial Foundation
Redwood Memorial Foundation, a nonprofit organization, is dedicated to serving all individuals, especially the vulnerable and impoverished, in the spirit of God's healing love, as witnessed through Jesus' ministry. Their mission is to remain steadfast in this service, advocating for the rights and needed reforms in healthcare for these populations. The foundation is also committed to exploring innovative ways to enhance healthcare, making it more convenient, accessible, and affordable for everyone, regardless of their ability to pay or insurance coverage.
Redwood Memorial Foundation, with its vast network of 117,000 caregivers serving in 51 hospitals, 1,000 clinics, and a comprehensive range of health and social services across seven states, is a comprehensive healthcare organization. It is dedicated to serving more people, advancing best practices, and continuing its over 100-year tradition of serving the poor and vulnerable. Through community benefit programs and high-impact investments, the foundation works to ensure basic health needs are met, remove barriers to care, build community resilience, and innovate for the future.
In addition, Redwood Memorial Foundation supports organizations, programs, and initiatives that improve health and well-being, increase equitable access to quality care, and address social, racial, and economic disparities at the community level and at scale across seven states. The foundation is proud of its history and its continued commitment to helping build a more equitable, sustainable future, serving as a vital safety net for the vulnerable.
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Impact
July, 2024
The Redwood Memorial Foundation, as part of the Providence Health System, has been instrumental in supporting Redwood Memorial Hospital in meeting the healthcare and quality of life needs of the local community for over 38 years. By providing critical care services and innovative programs, such as the Community Resource Centers and the Care Network Program, the foundation is actively working to ensure that everyone has access to quality healthcare regardless of their financial situation. Through its mission-driven approach, the Redwood Memorial Foundation is making a significant impact on improving health outcomes and addressing the needs of vulnerable populations in Humboldt County and beyond.
This information is meant to be a general summary of Redwood Memorial 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: $69,104
- Gross Receipts: $783,526
Assets and Liabilities:
- Total Assets: $4,511,286
- Total Liabilities: $2,362
- Net Assets: $4,508,924
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Organization Details
Founding Year
1981
Phone
(707) 269-4259Principal Officer
Heather Setton
Main Address
2700 DOLBEER STREET, EUREKA, CA, 95501
NTEE Category
Code: B82Z - Education
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