Benedictine Foundation

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

EIN: 411513014 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Benedictine Foundation?

The Benedictine Foundation is a nonprofit organization, established to support the fundraising initiatives of Benedictine Health System and its affiliated organizations. Based in Minneapolis, Minnesota, the foundation's mission is to promote inclusive communities, assist individuals in living well, and prioritize the needs of the underserved. It achieves this by coordinating, motivating, and encouraging fundraising efforts within Benedictine Health System and its associated foundations, which include entities in various locations throughout the Midwest and North Dakota. The Benedictine Foundation manages funds for these associated organizations to ensure optimal investment and management.


Official website here: www.benedictineliving.org

Is Benedictine Foundation legitimate?

Benedictine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benedictine 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.benedictineliving.org

What is the mission statement of Benedictine Foundation?

The Benedictine Foundation's mission is to facilitate and strengthen fundraising activities within the Benedictine Health System and its associated organizations. Established with the purpose of coordinating, motivating, and supporting fund development efforts, the foundation oversees the optimal investment and management of associated foundation funds. The Benedictine Foundation consists of 24 associated foundations that collectively work towards supporting senior care and enhancing the lives of those they serve, with a special focus on underserved individuals.


Official website here: www.benedictineliving.org

Who is the CEO of Benedictine Foundation?

Jerry Carley is the Ceo Of Bhs of Benedictine Foundation. The CEO's salary of Benedictine Foundation is $0 and their total compensation is $832,390.


Official website here: www.benedictineliving.org

What is the revenue of Benedictine Foundation?

Benedictine Foundation's revenue in 2022 was $3,315,760.


Official website here: www.benedictineliving.org

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

Here are 11 key members and their salaries (Benedictine Foundation's CEO's salary is $0 and their total compensation is $832,390):

    Jerry Carley (Ceo Of Bhs)
  • Compensation: $0
  • Related: $698,969
  • Other: $133,421

    • Kevin Rymanowski (Cfo Of Bhs & Treasurer)
  • Compensation: $0
  • Related: $421,705
  • Other: $75,427

    • Laurie Hennen (President)
  • Compensation: $0
  • Related: $203,063
  • Other: $39,594

    • Tracy Lehn (Director)
  • Compensation: $0
  • Related: $160,012
  • Other: $22,544

    • Jane Dolter (Chair (Through Aug 2021)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Leonard Essig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judie Kanten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sr Doreen King Osb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Nett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Tanner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.benedictineliving.org

    Where can I find the form 990 for Benedictine Foundation?

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


    Official website here: www.benedictineliving.org

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

    Mission Statement of Benedictine Foundation

    The Benedictine Foundation, previously known as the Benedictine Health System Foundation, was established with a mission to coordinate, encourage, and motivate the fund development activities within Benedictine Health System and its supported organizations. The primary role of this foundation is to support the fundraising efforts of Benedictine and its associated organizations through various associated foundations. It also ensures the optimal investment and management of these foundations' funds.

    The Benedictine Foundation is a crucial component of Benedictine Health System, a faith-based organization dedicated to advancing senior care. This foundation embodies the Benedictine Sisters of Duluth, Minnesota's life-enhancing senior care ministry. The mission of the Benedictine Foundation is to create inclusive communities, support individuals to live well and with purpose, and exhibit special concern for the underserved. It achieves this by coordinating, encouraging, and motivating fundraising activities within Benedictine and its associated organizations.

    In essence, the Benedictine Foundation acts as a bridge between Benedictine Health System and its supported organizations, facilitating fundraising efforts and ensuring the optimal use of funds to support senior care and other related initiatives. By doing so, it upholds the mission of Benedictine Health System to advance senior care and witness God's love by creating inclusive communities and supporting those they serve.

    Impact

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




    Saturday, July 20, 2024

    The Benedictine Foundation's impact is seen in its role of coordinating, encouraging, motivating, and supporting fund development activities within the Benedictine Health System and its associated organizations. By overseeing the optimal investment and management of associated foundations' funds, the foundation plays a crucial role in advancing the life-enhancing senior care ministry of the Benedictine Sisters of Duluth, Minnesota. This work reflects the foundation's mission to witness to God's love by creating inclusive communities and supporting those it serves to live well and with purpose, with special concern for the underserved. With 24 associated foundations under its umbrella, the Benedictine Foundation's reach extends to various cities and states, making a significant impact in the realm of health and senior care.





    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: $71,449
  • Program Service Revenue: $52,423
  • Gross Receipts: $3,448,025

    • Assets and Liabilities:
  • Total Assets: $14,894,804
  • Total Liabilities: $42,178
  • Net Assets: $14,852,626
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUPPORT REVENUE

    Revenue

    $52,423

    Organization Details

    Founding Year

    1984

    Principal Officer

    Jerry Carley

    Main Address

    6499 UNIVERSITY AVE NE 300, MINNEAPOLIS, MN, 55432

    NTEE Category

    Code: E12 - Health

    If you are a representative of Benedictine 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.