The Carol Emmott Foundation

Nonprofit profile at a glance

EIN
841882898
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Portland, OR, USA
Phone
5035446147
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$1,937,017
Expenses
$1,840,645
Assets
$2,589,813
Liabilities
$957,906

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Anne McCune PCC (CEO)
  • Gayle Capozzalo FACHE (Collaborative Executive Director)

Highest reported compensation

  • Anne McCune PCC (CEO): $344,613 total reported compensation
  • Felisa Schneider (COO): $212,944 total reported compensation
  • Gayle Capozzalo FACHE (Collaborative Executive Director): $159,928 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Building an enduring network of brilliant, forward-thinking healthcare leaders and organizations committed to just and high-performing workplaces in the communities they serve.

What it reported doing in 2025

The Fellowship program supported a cohort of 24 fellows (CEF9), including 2 Foundation-sponsored fellows for the 14-month program period (Jan 1, 2025-Feb 28, 2026). Fellows met in person for quarterly Fellowship convergences in addition to attending monthly webinars led by experts in the field. The Collaborative, a shared learning community of large health systems across the nation focused on creating fairness in the healthcare workplace, ended the year with 17 organization members. Members met virtually for 2 meetings and in person for 2 meetings during the 12-month calendar year program to share metrics and best practices particularly focused on the changing workforce and wide generational pool, designing the workplace around fair practices, and updating the Gold Standard HR Policies toolkit. The Fellowship Network held its 2025 annual meeting and provided CEUs for participants. Additionally, the Network held webinars for Network members ranging from personal branding to boosting ones resume. Both fellows and Collaborative members were selected to present at the 2025 annual Christine Malcolm Symposium on the theme of Reimagine, Redesign, Reignite.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 72
  • Accountability: 84
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.7%; rating input score 73
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: $3.88 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 5%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 1.41; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 42.1%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 9.1% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 72.7% of revenue deployed · 79.4% of spending went to programs
  • Governance: 12 of 15 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $345K · 16 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $845K reported
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Financial Efficiency: Fundraising efficiency scored 12/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.