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Sparrow Foundation

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

EIN: 386100687 ✦ Lansing, MI ✦ Designated as a 501(c)(3)

Overview

What is Sparrow Foundation?

The Sparrow Foundation, located in Lansing, Michigan, is a charitable organization that fosters robust community partnerships to support Sparrow Health System's commitment to providing exceptional healthcare services close to home. Founded over 60 years ago, the Foundation has inspired philanthropy to enhance the health of local communities. The Foundation's growth corresponds with Sparrow Health System's expansion to meet the evolving needs of the community. As the hub of charitable giving for Sparrow, the Foundation collaborates with individual and corporate donors to invest in vital facilities, equipment, technology, education, programs, and resources for patients, their families, and healthcare teams across various hospital sites and other healthcare facilities within the region. In 2022, the Foundation secured nearly 2 million dollars for these essential investments. The Foundation operates to benefit and carry out the purposes of the nonprofit and tax-exempt subsidiaries of Sparrow Health System, aiming to improve the health of the community by delivering quality, compassionate care to everyone, every time.


Official website here: www.sparrowfoundation.org

Is Sparrow Foundation legitimate?

Sparrow Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparrow 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.

Here are some key statistics you may want to consider:

Executive Compensation: $322,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $633,315

For more financial information, click here


Official website here: www.sparrowfoundation.org

What is the mission statement of Sparrow Foundation?

The Sparrow Foundation operates with the objective of supporting the nonprofit and tax-exempt subsidiaries of Sparrow Health System. Its primary goal is to enhance the health and wellbeing of the community by delivering top-notch, compassionate care to everyone, without exception. The mission of the Foundation is geared towards improving lives by aligning with the mission of Sparrow Health System to make a difference in people's lives through quality healthcare services.


Official website here: www.sparrowfoundation.org

Who is the CEO of Sparrow Foundation?

Margaret Dimond Phd is the President/Ce of Sparrow Foundation.


Official website here: www.sparrowfoundation.org

What is the revenue of Sparrow Foundation?

Sparrow Foundation's revenue in 2022 was $14,030,550.


Official website here: www.sparrowfoundation.org

Who are the executives of Sparrow Foundation and what are their salaries?

Here are 30 key members and their salaries:

    James F Dover (President/Ce) [Trustee/Director]
  • Compensation: $0
  • Related: $1,141,524
  • Other: $84,525

    • Joseph Ruth (Exec Vp/Coo)
  • Compensation: $0
  • Related: $736,602
  • Other: $129,037

    • Thomas Bres (Srvp/Cao/Cio) [Trustee/Director]
  • Compensation: $0
  • Related: $673,203
  • Other: $128,971

    • Paula Reichle (Sr Vp - Cfo)
  • Compensation: $0
  • Related: $648,489
  • Other: $61,609

    • William Howe (Vp Finance/T) [Trustee/Director]
  • Compensation: $0
  • Related: $297,891
  • Other: $48,812

    • Michelle Reynaert (Vp Sparrow F) [Trustee/Director]
  • Compensation: $269,942
  • Related: $0
  • Other: $51,072

    • Joy Wiseman (Special Gift)
  • Compensation: $102,130
  • Related: $0
  • Other: $31,861

    • James Croom (Board Member) [Trustee/Director]
  • Compensation: $1,440
  • Related: $0
  • Other: $0

    • Russell Dawson (Board Member) [Trustee/Director]
  • Compensation: $1,440
  • Related: $0
  • Other: $0

    • Darci Marcum (Board Member) [Trustee/Director]
  • Compensation: $1,440
  • Related: $0
  • Other: $0

    • Debbie Petersmark (Secretary) [Trustee/Director]
  • Compensation: $1,440
  • Related: $0
  • Other: $0

    • Tanisha Sanders (Board Member) [Trustee/Director]
  • Compensation: $1,440
  • Related: $0
  • Other: $0

    • Noel Day (Board Member) [Trustee/Director]
  • Compensation: $720
  • Related: $0
  • Other: $0

    • Deborah Allen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kris Burak (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Deluca (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silvia Dimma (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monique Field-Foster (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Herbert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Hildorf (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Hofman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Kaufman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Lipscomb (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Lynn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mcleod Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tayo Moss (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Salisbury (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Simon (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Warmels (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sparrowfoundation.org

    Where can I find the form 990 for Sparrow Foundation?

    The Sparrow Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sparrowfoundation.org

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

    Mission Statement of Sparrow Foundation

    The Sparrow Foundation, a Michigan nonprofit corporation and the sole member of Sparrow Health System, is dedicated to enhancing the health and wellbeing of individuals in the community. The foundation operates with the primary objective of advancing the purposes and missions of Sparrow Health System and its nonprofit and tax-exempt subsidiaries. By doing so, the Sparrow Foundation contributes significantly to the health sector, aiming to provide high-quality, compassionate care to every person, every time.

    The Sparrow Foundation's overarching goal is to make a positive difference in the lives of those it serves. This commitment is reflected in its relentless pursuit of improving community health. As the driving force behind the initiatives of Sparrow Health System, the foundation strives to ensure that the organization's resources are utilized effectively to cater to the diverse healthcare needs of its population. This mission is carried out with utmost dedication and a deep sense of compassion, making the Sparrow Foundation a valuable asset to the community it serves.

    Impact

    This information is meant to be a general summary of Sparrow Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sparrow Foundation's impact is significant in improving the health of the community by providing quality, compassionate care to everyone, every time. Through fostering and creating strong community partnerships, Sparrow Health System upholds its commitment to exceptional care close to home, regardless of life's circumstances. For over 60 years, the Sparrow Foundation has inspired philanthropy to strengthen the health of communities, working with individual and corporate donors to make vital investments in facilities, equipment, technology, education, programs, and resources that support patients, their families, and healthcare teams across hospitals and other care sites in the region. In 2022, the Foundation allocated nearly $2 million to fund these critical needs, making a tangible impact on healthcare delivery and community well-being.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,872,468
  • Program Service Revenue: $0
  • Gross Receipts: $14,393,226

    • Assets and Liabilities:
  • Total Assets: $36,896,673
  • Total Liabilities: $1,525,322
  • Net Assets: $35,371,351
  • Organization Details

    Founding Year

    1960

    Principal Officer

    Margaret Dimond Phd

    Main Address

    1215 E MICHIGAN AVENUE, LANSING, MI, 48912

    NTEE Category

    Code: E12 - Health

    If you are a representative of Sparrow Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.