Saint Elizabeth Foundation

What it reported doing in 2024

Exempt purpose achievementsintroductionas commonspirit health, we make the healing presence of god known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance socal justice for all. The purpose of saint elizabeth foundation is to raise funds to promote caregiving at saint elizabeth and Nebraska heart, providing excellent, compassionate and spiritual care throuogh programs within the health systems and the commuity they serve. To ensure gifts are administered in accordance with donors' intentions, chi health st elizabeth foundation establishes restricted accounts that assure funds are dedicated to the purpose for which they are given.during the last fiscal year the foundation has raised $1,291,178 in contributions. At the same time it has disbursed $687,562 back to the hospitals and the community.emergency & hardship charity carechi health st elizabeth foundation currently maintains a fund that provides assistance to patients after discharge. Assistance is provided in areas of non-covered prescriptions, lodging, meals, and travel needs. Patients must have no other means of support. Employee emergency fundthe foundation maintains a fund designated strictly to emergency assistance for employees of chi health st elizabeth, Nebraska heart, along with our lincoln-based affiliates. Assistance consists of helping with utilities, rent, food, transportation, and medical needs for qualifying employees. Neonatal family assistance programinfants cared for in the neonatal intensive care unit usually need a minimum of 23-weeks for the lungs to be mature enough for survival. Full-term gestation is 40-weeks. Most babies stay in the nicu until their original due date. Saint elizabeth regional medical center assists these parents who live outside of lancaster county by allowing them to stay close to their newborn. This allows them to develop that important bond and nurturing relationship with their child rather than traveling back and forth between home and hospital. The chase suites located within walking distance from the hospital has offered a special rate to families of patients.special foundation fundsjong yiee scholarshiptwo endowed scholarships for $1,000.00 have been established by kevin yiee md and his wife mabelle. They are awarded annually.twenty five endowed scholarships have been established at the foundation by various donors. Scholarships are awarded annually after a selection committee reviews and selects the recipients. They are available to employees who have met criteria and have submitted applications. A scholarship is also available for a teen volunteer and a college volunteer. During fiscal year 6/30/2025, $26,000 in scholarships was given to 27 recipients through st. Elizabeth regional medical center, a related organization.

Financial Efficiency

• Mission deployment rate: 64%; rating input score 64
• Program expense ratio: 78.8%; rating input score 79
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 70.6%; rating input score 71; 15th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 41.7%; rating input score 90; 90th percentile among comparable filings
• Total-asset coverage ratio: 7.64; rating input score 90; 90th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
• Officer compensation ratio: 27.4%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: -3% per year; rating input score 0; 10th percentile among comparable filings
• Revenue growth: -0.9% per year; rating input score 0; 12th percentile among comparable filings
• Asset growth: 2.7% per year; rating input score 100; 28th percentile among comparable filings