Legacy Health Foundation

Nonprofit profile at a glance

EIN
465562403
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2014
Location
Portland, OR, USA
Phone
5034155600
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$14,627,165
Expenses
$9,308,705
Assets
$56,083,827
Liabilities
$264,071

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Highest reported compensation

  • GEORGE J BROWN MD (EX-OFFICIO): $1,654,718 total reported compensation
  • ANNA L LOOMIS (EX-OFFICIO): $811,405 total reported compensation
  • KECIA M KELLY (EX-OFFICIO): $735,418 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Legacy Health Foundation (LHF) was incorporated on August 21, 2013. The mission of the foundation is to foster charitable giving as well as community commitment and involvement to support the founding principles, mission and vision of Legacy Health and promote the health and well-being of the community. Legacy Health is the sole corporate member of LHF.

What it reported doing in 2024

At Legacy Health, we know that our legacy is something we create together every day. This is reflected in our mission of good health for our people, our patients, our communities and our world. We see it as our fundamental responsibility to improve the health and wellness of everyone we touch, empowering people to live healthier and better lives, and helping them create a legacy that truly lives on. Ours is a legacy of health and community, quality and innovation, respect and responsibility.Legacy Health was created in 1989 through the merger of HealthLink, a local four-hospital system, and Good Samaritan Hospital and Medical Center. Over the years Legacy has grown into the largest nonprofit, community-owned health system in the Portland/Vancouver area. Today, Legacy Health consists of an integrated network of six full-service hospitals and more than 50 clinics. The Legacy network provides acute and critical care, inpatient and outpatient treatment, urgent and primary care, and a variety of specialty services. At the heart of Legacys mission is our commitment to provide exceptional healthcare for all those in need. Legacy provides almost one-third of the charity care in the Portland area; more charity care relative to size than any of the leading health care organizations in the metropolitan area. The Legacy Health Foundation fosters charitable giving as well as community commitment and involvement to support the founding principles, mission and vision of Legacy Health and promote the health and well-being of the community. Charitable gifts to Legacy Health Foundation support the programs and services of Legacy Health, many of which are not supported by traditional means of reimbursement. The Foundation also raises and stewards funds for Legacy Emanuel Medical Center, Legacy Meridian Park Medical Center, Legacy Mount Hood Medical Center, and the Unity Center for Behavioral Health. Philanthropic contributions supported programs in these major areas: Patient Care $7,521,541 Education and Training $ 415,756Research $ 150,342 Community Health & Other Programs $1,289,179 Some of the projects funded in this year included: Supported the expansion of services at the Unity Center for Behavioral Health, including the addition of sobering services. Provided medication assistance, durable medical equipment, and other health-related supplies to patients with limited insurance and financial resources. Provided food support to patients and families experiencing food insecurity. Supported complementary therapies for cancer patients, including nutrition education, exercise, art therapy and yoga classes. Supported injury prevention programs for the community, including child passenger safety, traffic safety, bike/sports helmets, elderly fall prevention, and burn injury prevention. Supported continuing education training and scholarships for Legacy Health employees. Purchased medical equipment for Legacy Emanuel Medical Center, Legacy Meridian Park Medical Center, and Legacy Mount Hood Medical Center. Supported construction of the new interfaith chapel at Legacy Emanuel Medical Center.

Operating model

Revenue model
Donor-supported. 81% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 71
  • Accountability: 82
  • Sustainability: 88
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.9%; rating input score 71
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 40th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 70%; rating input score 70; 12th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 6.02; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: -11% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 2% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 20.8% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 70.9% of revenue deployed · 100% of spending went to programs
  • Governance: 7 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $9.3M in reported program spending
  • Leadership: top reported pay $1.7M · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 18 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.