HonorHealth Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
HonorHealth Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
To strengthen the mission of HonorHealth through philanthropy
Year, State Incorporated:
1984, AZ
Relationship-based fundraising through appeals, events, planned giving and grants. These gifts power the expansion of clinical and social service programs at HonorHealth, including the Cardiovascular Center of Excellence, HonorHealth Research Institute, Nursing Excellence, Desert Mission and many more. Together, we are finding cures, saving lives and transforming healthcare.
For the year ended December 31, 2022, HonorHealth Foundation's program expenses were:
| Program service expenses | $35,704,856 |
| Total Program Expenses | $35,704,856 |
Chief Executive
Jennifer Bradshaw, Senior Vice President, Finance
Chair of the Board
Ms. Katy Gilbert, Vice President, Grants
Chair's Profession / Business Affiliation
Board Size
34
Paid Staff Size
45
Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on HonorHealth Foundation's IRS Form 990 for the year ended December 31, 2022.
Source of Funds
| Investment income | $53,234,048 |
| Contributions and grants | $37,606,730 |
| Other revenue | $79,284 |
| Net unrealized gains (losses) on investments | $-100,840,738 |
| Total Income | $-9,920,676 |
Programs: 78% Fundraising: 14% Administrative: 7%
| Total Income | $-9,920,676 |
| Total expenses: | $45,488,449 |
| Program expenses | $35,704,856 |
| Fundraising expenses | $6,474,387 |
| Administrative expenses | $3,309,206 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-55,409,125 |
| Beginning Net Assets | $326,832,152 |
| Other Changes In Net Assets | $-14,004 |
| Ending Net Assets | $271,409,023 |
| Total Liabilities | $25,591,154 |
| Total Assets | $297,000,177 |
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Report completed by:
Better Business Bureau Serving the Pacific Southwest