Saddleback Memorial Foundation
- Assets
- $165.8m
- Revenue
- $25.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Laguna Hills, CA
- Founding
- 03/2014
- Data as of
- 06/2022
- EIN
- 33-0011887
Organization Overview
Saddleback Memorial Foundation, operating under the name Memorialcare Saddleback Medical Center Foundation, is located in Laguna Hills, CA. The organization was established in 2014. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Memorialcare Saddleback Medical Center Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorialcare Saddleback Medical Center Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Memorialcare Saddleback Medical Center Foundation generated $25.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $4.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP THE PHILANTHROPIC RESOURCES NECESSARY TO STRENGTHEN THE ABILITY OF SADDLEBACK MEMORIAL MEDICAL CENTER TO ENHANCE THE HEALTH AND WELL-BEING OF INDIVIDUALS, FAMILIES, AND OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS FOR SADDLEBACK MEMORIAL MEDICAL CENTER CAPITAL ITEMS (SEE SCHEDULE I).
OTHER PROGRAM SERVICES CONSIST OF GRANTS TO SADDLEBACK MEMORIAL MEDICAL CENTER FOR THE FOLLOWING AMOUNTS AND RELATED PROGRAMS:CANCER NURSE NAVIGATOR $102,527BREAST CENTER PATIENT ROBES $79,649BREAST CENTER NURSE NAVIGATOR$58,333ICU NURSING (TRAVELLING STAFF DURING COVID-19) $57,000EMERGENCY DEPARTMENT SECURITY (ADDITIONAL STAFF) $52,000HOSPICE PROGRAM $50,000MEMORIALCARE SENIOR PLUS-SENIOR ADVOCACY PROGRAM $50,000MEMORIALCARE SENIOR TRANSPORTATION PROGRAM $50,000HOSPITAL ELDER LIFE PROGRAM (H.E.L.P.) $39,600LICENSED SOCIAL WORKER FOR LAGUNA WOODS SENIOR PROGRAM $39,000CLINICIANS & STAFF KINDNESS INITIATIVES $36,226CARDIAC CASE PRESENTATION SOFTWARE UPGRADE $27,853NURSING SCHOLARSHIP AWARDS $24,339DEMENTIA EDUCATION $12,000POSTPARTUM SUPPORT GROUP PROGRAM FOR LDRP $10,400INFANT SAFETY CPR CLASSES $10,000NURSING EDUCATION AND CERTIFICATION $8,719CHILD ABUSE PREVENTION PROGRAM $4,741WOMEN'S HOSPITAL BEREAVEMENT PROGRAM $1,500AGE-FRIENDLY SERVICES SUPPORT $1,000NICU DIARIES $1,000
PROVIDED GRANT FOR SADDLEBACK MEMORIAL MEDICAL CENTER'S HOSPICE PROGRAM (SEE SCHEDULE I).
PROVIDED GRANT FOR SADDLEBACK MEMORIAL MEDICAL CENTER'S EMERGENCY DEPARTMENT'S NURSING (TRAVELLING STAFF DURING COVID-19) (SEE SCHEDULE I).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Manker Board Member, CEO Smmc | Trustee | 1 | $0 |
Christy Ward President | OfficerTrustee | 60 | $0 |
Brian Krawiec Cfo/executive Director Of Finance | Officer | 51 | $0 |
Melissa Centeno Director, Comm & Donor Engagement | 40 | $0 | |
Janice Mcqueen Director, Fdn Grants (thru 6/3/22) | 40 | $0 | |
Ramona Lopez Director, Prospect Mgt & Research | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Russell Investments Investment Advisory | 6/29/18 | $147,199 |
Beacon Pointe Advisors Investment Advisory | 6/29/18 | $103,461 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $524,247 |
| Related organizations | $57,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,670,676 |
| Noncash contributions included in lines 1a–1f | $52,867 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,252,423 |
| Total Program Service Revenue | $0 |
| Investment income | $2,755,561 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,334,053 |
| Net Income from Fundraising Events | -$90,120 |
| Net Income from Gaming Activities | $9,900 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,315,166 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,272,699 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $666,880 |
| Compensation of current officers, directors, key employees. | $307,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $710,517 |
| Pension plan accruals and contributions | $37,656 |
| Other employee benefits | $156,477 |
| Payroll taxes | $89,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $516,265 |
| Fees for services: Other | $53,592 |
| Advertising and promotion | $0 |
| Office expenses | $72,327 |
| Information technology | $45,036 |
| Royalties | $0 |
| Occupancy | $3,498 |
| Travel | $220 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,642 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,050 |
| All other expenses | $4,007 |
| Total functional expenses | $4,765,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,633,247 |
| Savings and temporary cash investments | $100,227 |
| Pledges and grants receivable | $509,625 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $145,525,830 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,068,805 |
| Total assets | $165,837,734 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,029,595 |
| Total liabilities | $5,029,595 |
| Net assets without donor restrictions | $68,971,305 |
| Net assets with donor restrictions | $91,836,834 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $165,837,734 |