Sanford Health Foundation

Organization Overview

Sanford Health Foundation is located in Sioux Falls, SD. The organization was established in 1997. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Sanford Health Foundation generated $52.7m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $41.0m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

DEDICATED TO RAISING FUNDS IN SUPPORT OF SANFORD HEALTH'S MISSION TO IMPROVE THE HUMAN CONDITION THROUGH THE WORK OF HEALTH AND HEALING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION CONTINUES ITS PROUD TRADITION OF SUPPORTING THE LOCAL HEALTHCARE-RELATED PROGRAMS, SERVICES, AND OPERATIONS OF SANFORD HEALTH WHILE ALSO SEEKING REGIONAL, NATIONAL AND INTERNATIONAL SUPPORT FOR RESEARCH AND INITIATIVES. SPECIFICALLY, DONATIONS HELP PROVIDE PATIENT CARE AND FAMILY SUPPORT ($2,463,866), EQUIPMENT AND FACILITY IMPROVEMENT PROJECTS ($787,767) AND OTHER INTERNAL PROGRAMS ($26,907).


ADDITIONAL DONATIONS HELP SUPPORT HEALTHCARE EDUCATION AND RESEARCH PROGRAMS. SANFORD HEALTH IS DEDICATED TO PROVIDING CONTINUING TRAINING AND EDUCATION FOR ITS EMPLOYEES.


DONATIONS HELP SUPPORT THE SANFORD INITIATIVESIN FEBRUARY 2007, THE SANFORD INITIATIVES WERE INTRODUCED AS A UNIQUE AND DEFINING ELEMENT OF SANFORD HEALTH. THESE ACTIVITIES HAVE BEEN DESIGNED TO ENHANCE THE HEALTH CARE CAPABILITIES OF THE ORGANIZATION, TO ESTABLISH A HEALTH RESEARCH CENTER RECOGNIZED FOR TRANSLATIONAL DISCOVERY AND CURES, AND TO HELP BUILD A WORLD-CLASS REPUTATION. OVER THE EARLY COURSE OF IMPLEMENTATION, THESE INITIATIVES HAVE BEEN EXPANDED TO INCLUDE A NUMBER OF NEW PROJECTS AND PROGRAMS. BY INTEGRATING STRATEGIC PARTNERSHIPS, AND WORKING QUICKLY TO ENGAGE FORTUITOUS OPPORTUNITY, THE RAPID MEETING OF MILESTONES IS EXEMPLARY OF SANFORD'S COMMITMENT TO CARE AND DISCOVERY.THE SANFORD WORLD CLINIC INITIATIVE WAS DESIGNED TO MEET THE UNIQUE NEEDS OF THE AREAS WE SERVE. BROADER PRIMARY CARE SERVICES, REGENERATIVE MEDICINE, SPECIALIZED PROCEDURES, WEIGHT LOSS PROGRAMS, AND CLINIC EDUCATION ARE JUST A FEW OF THE SPECIALIZIATIONS DEVELOPED TO SERVE POPULATIONS AROUND THE WORLD.OUTSIDE OF THE NATIONAL FOOTPRINT, SANFORD HAS ESTABLISHED RELATIONSHIPS IN GHANA, CHINA, GERMANY, NEW ZEALAND, SOUTH AFRICA, COSTA RICA, VIETNAM, AND IRELAND.CHILDHOOD NUTRITION AND FITNESS INITIATIVES - SANFORD HEALTH HAS CREATED SANFORD FIT, A HEALTH ACTIVATION PROGRAM DEVELOPED TO EMPOWER CHILDREN AND PARENTS TO MAKE HEALTHY LIFESTYLE CHOICES THAT HELP PREVENT CHILDHOOD OBESITY. SANFORD FIT IS COMPRISED OF A SYSTEM OF RESOURCES AND PROGRAMS INCLUDING SCHOOL PROGRAMS, DAYCARE TRAINING, MOBILE APPS, AND WAS DEVELOPED USING A COMBINATION OF THE LATEST SCIENTIFIC AND BEHAVIORAL RESEARCH DESIGNED TO EDUCATE, MOTIVATE, AND INSPIRE CHILDREN OF ALL AGES TO LIVE A BALANCED, HEALTHY LIFESTYLE.SANFORD INTERNATIONAL BOARD - THIS BOARD HAS BEEN DEVELOPED AS A GROUP OF AMBASSADORS WHO HELP DETERMINE PACE AND AREAS OF GROWTH AND EVALUATE OVERALL PERFORMANCE. THE SANFORD INTERNATIONAL BOARD WILL HELP IDENTIFY AND STEER INITIATIVES THAT SUPPORT SANFORD'S GLOBAL EFFORTS.THE SANFORD PROJECT BEGINNING IN APRIL 2008, SANFORD HEALTH IS SEEKING A CURE FOR TYPE 1 DIABETES. THE SANFORD PROJECT TEAM IS FOCUSED ON THE NATURAL REGENERATION OF INSULIN-PRODUCING BETA CELLS IN THE DIABETIC PANCREAS AND THE BODY'S AUTOIMMUNE RESPONSE IN PATIENTS WITH DIABETES. THE PROJECT TEAM LAUNCHED ITS FIRST CLINICAL TRIAL AND BEGAN ENROLLING PATIENTS IN AUGUST 2010.SANFORD IMAGENETICSBECAUSE OF ONE MAN'S CONTINUED GENEROSITY, SANFORD HEALTH LAUNCHED A REVOLUTIONARY PROGRAM TO IMPROVE HEALTH AND PREVENT DISEASE WITH PERSONALIZED PLANS OF CARE. SANFORD IMAGENETICS IS A COMPREHENSIVE PROGRAM THAT FULLY INTEGRATES GENETICS WITH INTERNAL MEDICINE, CREATING A FIRST-OF ITS-KIND MODEL FOR EXCEPTIONAL, HIGH-QUALITY, AND INNOVATIVE PRIMARY CARE FOR ADULTS.EDITH SANFORD BREAST CENTEREDITH SANFORD BREAST CENTER HAS PIONEERED THE FUTURE OF BREAST CANCER RESEARCH AND CARE. BY PIECING TOGETHER THE ENTIRE GENETIC PUZZLE OF EACH WOMAN, WE ARE DISCOVERING HOW TO REVOLUTIONIZE TREATMENT AND ERADICATE BREAST CANCER. WE ARE MOBILIZING PARTICIPANTS -- MOTHERS, WIVES, SISTERS, AND DAUGHTERS -- TO DONATE THEIR GENETIC INFORMATION AS WE BUILD AN EXTENSIVE BIO BANK THAT WILL UNDERPIN OUR GROUNDBREAKING RESEARCH. AS WE DECODE THIS DEADLY DISEASE, WE WILL KNOW MORE SPECIFICALLY WHAT TREATMENTS WILL WORK FOR EACH PATIENT, HOW TO PREVENT DISEASE ON AN INDIVIDUAL BASIS, AND ULTIMATELY, HOW TO FIND A CURE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
David Beito
Past Chair
$0
Brent Teiken
Vice Chair
$0
Don Jacobs
Treasurer
$0
James Cain
Secretary
$0
Mark Paulson MD
Chair/physician Regional Chair
$0
Kelby K Krabbenhoft Def Comp
Sanford President & CEO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
First Premier Bank
Investment Management
$883,984
Bockorny Group Inc
Sanford Ambassador (Relationship Mngr)
$120,000
American Portfolios
Investment Management
$699,867
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$331,660
Related organizations$100,182
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$17,807,044
Noncash contributions included in lines 1a–1f $135,983
Total Revenue from Contributions, Gifts, Grants & Similar$18,238,886
Total Program Service Revenue$0
Investment income $37,055,585
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,822,796
Net Income from Fundraising Events $14,195
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $52,707,329

Grants Awarded

Over the last fiscal year, Sanford Health Foundation has awarded $33,760,628 in support to 2 organizations.

Grant RecipientAmount

SANFORD USD MEDICAL CENTER

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: See Form 990, Page 2, Part III

$32,402,653

EDITH SANFORD BREAST CANCER FOUNDATION

Org PageRecipient Profile

Sioux Falls, SD

PURPOSE: See Form 990, Page 2, Part III

$1,357,975
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Sanford Health Foundation has recieved totaling $30,950.

Awarding OrganizationAmount
Sheldon F Reese Foundation

Sioux Falls, SD

PURPOSE: GENERAL ASSISTANCE

$20,000
Greg And Pam Sands Foundation

Sioux Falls, SD

PURPOSE: SIOUX FALLS EMERGING THREATS FUND (MEALS FOR FRONTLINE WORKERS)

$10,000
The Mike Cindy And Kylie Huether Family Foundation

Sioux Falls, SD

PURPOSE: MEDICAL RESEARCH

$950
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$42,145,816
Net Contributions$1,824,451
Ending Balance$43,970,267

Create an account to unlock the data you need.

or