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The Sealy & Smith Foundation

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

EIN: 741109652 ✦ Galveston, TX ✦ Designated as a 501(c)(3)

Overview

What is The Sealy & Smith Foundation?

The Sealy & Smith Foundation is a nonprofit organization based in Galveston, Texas, with a team of seven individuals. Their primary focus is to support the John Sealy Hospital at the University of Texas Medical Branch (UTMB) in Galveston. They invest in the construction, remodeling, equipping, and furnishing of the hospital and other related buildings. Their mission extends beyond physical infrastructure, as they also prioritize healthcare for the citizens of Galveston within these facilities.


Official website here: www.sealy-smith-foundation.org

Is The Sealy & Smith Foundation legitimate?

The Sealy & Smith Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sealy & Smith 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: $917,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,000

For more financial information, click here


Official website here: www.sealy-smith-foundation.org

What is the mission statement of The Sealy & Smith Foundation?

The Sealy & Smith Foundation is dedicated to supporting a hospital, identified as the John Sealy Hospital, connected to the University of Texas Medical Branch in Galveston. Their mission is to facilitate the construction, remodeling, equipping, and furnishing of this hospital, with a focus on enhancing healthcare for the community it serves. By providing resources for the hospital's infrastructure, the foundation aims to contribute significantly to the well-being of its citizens.


Official website here: www.sealy-smith-foundation.org

Who is the CEO of The Sealy & Smith Foundation?

Douglas G Rogers is the President/Director of The Sealy & Smith Foundation.


Official website here: www.sealy-smith-foundation.org

What is the revenue of The Sealy & Smith Foundation?

The Sealy & Smith Foundation's revenue in 2022 was $158,734,221.


Official website here: www.sealy-smith-foundation.org

Who are the executives of The Sealy & Smith Foundation and what are their salaries?

The average compensation at The Sealy & Smith Foundation during 2022 was $148,258. There are 7 employees at The Sealy & Smith Foundation.

Here are 10 key members and their salaries:

    Douglas G Rogers (Exec Dir/ Sec/Treas) [Trustee/Director]
  • Compensation: $347,012
  • Related: $0
  • Other: $53,087

    • James S Jobe (Asst Sec/Treasurer)
  • Compensation: $162,026
  • Related: $0
  • Other: $30,044

    • Gladys Stansberry (Asst Treasurer)
  • Compensation: $111,768
  • Related: $0
  • Other: $18,863

    • John W Kelso (President/Director)
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • Michael C Doherty (Vice President/ Dir.) [Trustee/Director]
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • James B Galbraith (Director)
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • E J Pederson (Director)
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • Keith Bassett (Director)
  • Compensation: $54,000
  • Related: $0
  • Other: $0

    • George Sealy (Exec Vice-Pres/Dir.) [Trustee/Director]
  • Compensation: $22,500
  • Related: $0
  • Other: $0

    • William R Sealy (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0


  • Official website here: www.sealy-smith-foundation.org

    Where can I find the form 990 for The Sealy & Smith Foundation?

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


    Official website here: www.sealy-smith-foundation.org

    Learn more at the official website: www.sealy-smith-foundation.org

    Mission Statement of The Sealy & Smith Foundation

    The Sealy & Smith Foundation, a philanthropic organization, is dedicated to supporting the John Sealy Hospital at the University of Texas Medical Branch (UTMB) in Galveston. Their mission is multi-faceted, encompassing the construction, remodeling, equipping, and furnishing of hospital buildings connected to the John Sealy Hospital. Beyond these physical investments, the Foundation is committed to enhancing healthcare for the citizens of Galveston through the hospital.

    In practice, The Sealy & Smith Foundation channels its resources towards improving the John Sealy Hospital and other related hospital structures in Galveston. This involves funding various projects that range from the construction of new buildings to the renovation of existing ones. Furthermore, the Foundation provides essential equipment and furniture for these hospital facilities, ensuring they remain functional and efficient.

    The ultimate goal of The Sealy & Smith Foundation's efforts is to enrich the healthcare experience for the people of Galveston. By investing in the physical infrastructure of the John Sealy Hospital, the Foundation plays a crucial role in promoting optimal health conditions for those in need. This commitment to bettering the lives of individuals in Galveston through improved healthcare facilities is a testament to the Foundation's dedication and generosity.

    Impact

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




    Thursday, August 15, 2024

    The Sealy & Smith Foundation's impact is primarily focused on supporting the John Sealy Hospital at the University of Texas Medical Branch at Galveston (UTMB). Their expenditures go towards the construction, remodeling, equipping, and furnishing of the hospital and other hospital buildings in Galveston, TX. This foundation plays a crucial role in providing healthcare services to the citizens of Galveston through its support of the John Sealy Hospital.





    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: $98,777,956
  • Program Service Revenue: $0
  • Gross Receipts: $219,301,493

    • Assets and Liabilities:
  • Total Assets: $1,674,903,989
  • Total Liabilities: $121,266,998
  • Net Assets: $1,553,636,991
  • Organization Details

    Founding Year

    1922

    Principal Officer

    Douglas G Rogers

    Main Address

    2200 MARKET STREET SUITE 500, GALVESTON, TX, 77550

    NTEE Category

    Code: E12 - Health

    If you are a representative of The Sealy & Smith 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.