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Providence Portland Medical Foundation

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

EIN: 931231494 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is Providence Portland Medical Foundation?

The Providence Portland Medical Foundation is a nonprofit organization based in Portland, Oregon, under the larger Providence family of healthcare organizations. With a commitment to serving vulnerable populations and advocating for necessary reforms, they strive to provide high-quality, compassionate care for everyone, regardless of coverage or ability to pay. The foundation, along with its sister organizations, operates across seven western states and boasts a workforce of over 117,000 caregivers. Their initiatives encompass a comprehensive range of healthcare services and social programs aimed at improving community health, strengthening local economies, and reducing their carbon footprint. Major areas of support include cancer research, behavioral health, and internal medicine residencies, among others. Through various community benefit programs and investments, the foundation aims to remove barriers to care and promote equitable access to quality healthcare in the communities they serve.


Official website here: www.providencefoundations.org/our-foundations/

Is Providence Portland Medical Foundation legitimate?

Providence Portland Medical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Portland Medical 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: $223,794

For more financial information, click here


Official website here: www.providencefoundations.org/our-foundations/

What is the mission statement of Providence Portland Medical Foundation?

The Providence Portland Medical Foundation is dedicated to expressing God's healing love through ministries that serve all, particularly the poor and vulnerable. They advocate for needed reforms in healthcare and pursue innovative ways to make healthcare more convenient, accessible, and affordable for everyone, regardless of their ability to pay. With a team of over 117,000 caregivers, they serve millions of lives across seven states, advancing best practices and continuing a tradition of serving the vulnerable. Their commitment to social responsibility includes a stronger focus on diversity, equity, inclusion, and environmental stewardship. They have made significant strides in reducing carbon emissions and have published reports showcasing their progress. The foundation provides operational and capital support to various hospital programs, with a significant focus on cancer research. Their scientists are making progress in using the body's own immune system to find a cure for cancer. In 2022, they raised funds for the recruitment of new scientists, ongoing cancer institute needs, and the implementation of a new cardio-oncology program.


Official website here: www.providencefoundations.org/our-foundations/

Who is the CEO of Providence Portland Medical Foundation?

Chelsea Sokolow is the Frmr Off. - Or Reg. Cpo of Providence Portland Medical Foundation.


Official website here: www.providencefoundations.org/our-foundations/

What is the revenue of Providence Portland Medical Foundation?

Providence Portland Medical Foundation's revenue in 2022 was $17,555,616.


Official website here: www.providencefoundations.org/our-foundations/

Who are the executives of Providence Portland Medical Foundation and what are their salaries?

Here are 26 key members and their salaries:

    Kelly S Buechler (Frmr Off. - Or Reg. Cpo)
  • Compensation: $0
  • Related: $430,817
  • Other: $126,285

    • Chelsea Sokolow (Chief Philanthropy Officer)
  • Compensation: $0
  • Related: $237,521
  • Other: $33,086

    • Arlene Austinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bradley Y Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce A Schoen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Andrew Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolynn Lynn Loacker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Bradley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel N Ford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen S Gyllstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Miller (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • F Mike Nugent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gayland R Looney (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Schnabel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristi Richards (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Sholian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Nancy C Lematta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Kassab (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul H Labby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaghayegh Aliabadi-Wahle Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Bader Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wade Adeogun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William C Kennedy (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.providencefoundations.org/our-foundations/

    Where can I find the form 990 for Providence Portland Medical Foundation?

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


    Official website here: www.providencefoundations.org/our-foundations/

    Learn more at the official website: www.providencefoundations.org/our-foundations/

    Mission Statement of Providence Portland Medical Foundation

    Providence Portland Medical Foundation, an expression of God's healing love, is steadfast in serving all, with a particular focus on vulnerable populations and the need for healthcare reforms. The organization is committed to delivering high-quality, compassionate care to everyone, regardless of their ability to pay or insurance coverage. With a presence in seven western states, Providence operates a comprehensive range of healthcare services and social programs. Their team of over 117,000 caregivers serves in 51 hospitals, 1,000 clinics, and various affiliations and ministries.

    Providence is an advocate for vulnerable populations and continually innovates to make healthcare services more accessible, convenient, and affordable. Through community benefit programs and strategic partnerships, they aim to remove barriers to care and improve overall community health. In response to community needs, Providence invests in initiatives that enhance quality care at the local level and across the seven states they serve.

    The mission of Providence Portland Medical Foundation is rooted in a strong belief in serving those in need and striving for a more equitable, sustainable future. By deploying the resources of their system to support community health improvement and reduce their carbon footprint, they are committed to making a positive impact on the communities they serve. As they continue to grow and expand their reach, Providence remains dedicated to touching millions of more lives and transforming care for the next generation and beyond.

    Impact

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




    Thursday, August 15, 2024

    The Providence Portland Medical Foundation's impact is significant, focusing on providing operational and capital support to numerous hospital programs. A major portion of the foundation's funding is directed towards supporting cancer research efforts for the Robert W. Franz Cancer Center and the Earle A. Chiles Research Institute. The ongoing work in cancer research has led to substantial progress in utilizing immunotherapy to combat various advanced cancers effectively.

    Additionally, the foundation received a substantial grant of $4,300,000 to address the expanding needs in behavioral health. This grant enabled the construction of a new stabilization and recovery area adjacent to the hospital's emergency department, enhancing the hospital's ability to cater to the community's requirements. Furthermore, support was extended to implement a new cardio-oncology program at the Providence Cancer Institute, raising $1,600,000 towards this multidisciplinary program aimed at providing specialized care for cancer patients with heart-related health issues.

    The foundation continues to grow and support essential services, such as the emergency services fund, behavioral health priorities, and various grants and allocations for programs like internal medicine residency, hospitalist services, senior health services, and the neonatal intensive care unit. Through these efforts, the Providence Portland Medical Foundation plays a crucial role in improving healthcare services and addressing the healthcare needs of the community.





    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: $6,148,131
  • Program Service Revenue: $0
  • Gross Receipts: $17,644,618

    • Assets and Liabilities:
  • Total Assets: $198,322,059
  • Total Liabilities: $16,891,412
  • Net Assets: $181,430,647
  • Organization Details

    Founding Year

    1981

    Principal Officer

    Chelsea Sokolow

    Main Address

    4805 NE GLISAN STREET, PORTLAND, OR, 972132967

    NTEE Category

    Code: E112 - Health

    If you are a representative of Providence Portland Medical 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.