PLATINUM2023

HonorHealth Foundation

Finding cures. Saving lives. Transforming healthcare.

aka HonorHealth Foundation   |   Scottsdale, AZ   |  HonorHealthFoundation.org
GuideStar Charity Check

HonorHealth Foundation

EIN: 74-2355411


Mission

The mission of HonorHealth Foundation is to transform health and wellness by linking generous donors with HonorHealth expertise and passion.

Ruling year info

1985

President & CEO

Mr. Jared A Langkilde

Main address

8125 N Hayden Road

Scottsdale, AZ 85258 USA

Show more contact info

Formerly known as

Scottsdale Healthcare Foundation

EIN

74-2355411

Subject area info

Philanthropy

Health

Population served info

Children and youth

Adults

NTEE code info

Fund Raising and/or Fund Distribution (E12)

What we aim to solve

SOURCE: Self-reported by organization

HonorHealth Foundation generates philanthropy that enables HonorHealth to meet our community’s many and varied health and social service needs. As key examples, these needs include: 1) individuals of all ages who require quality, compassionate medical care as well as education and wellness programs to live long, healthy lives, 2) families facing hunger, 3) critically injured patients and premature infants who need immediate, expert care to survive, 4) cancer patients seeking hope and healing through novel treatments in clinical trials, 5) uninsured or underinsured individuals who need medical or behavioral healthcare, 6) elderly adults who need a safe, enriching place to stay during the day, 7) low-income children who need quality early education for future academic success, 8) military personnel and local first responders who need medical training to save lives abroad or at home, 9) sexual assault victims who need compassionate care and injury documentation to facilitate justice.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Comprehensive Healthcare Services

HonorHealth Foundation supports HonorHealth, a non-profit multi-hospital system with six comprehensive acute care hospitals, three Level 1 Trauma Centers, two surgery centers, a comprehensive cancer center, neuroscience institute, research institute, home health services, six residency programs and Desert Mission health and social services provider.

Population(s) Served
Adults
Children and youth

Where we work

Awards

AHP High Performer status 2020

Association for Healthcare Philanthropy

AHP High Performer status 2021

Association for Healthcare Philanthropy

AHP High Performer status 2022

Assocation for Healthcare Philanthropy

Certified Charity 2022

Better Business Bureau

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of donor-advised funds

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Funds raised by HonorHealth Foundation enable HonorHealth to provide: 1) vital medical services ranging from state-of-the-art, lifesaving Level I Trauma Centers to a neonatal intensive care unit for premature or ill newborns, 2) leading-edge medical technology such as equipment for performing minimally invasive procedures and germ-zapping robots that use powerful ultraviolet light to disinfect hospital areas and prevent infections, 3) a robust research institute that develops innovative new treatments and provides hope for patients with cancer and other conditions, 4) medical and behavioral care and support services to vulnerable uninsured and underinsured populations, 5) nourishment to hungry children and families through a food bank, 6) adult day healthcare and enrichment for seniors, 6) early childhood education to at-risk children, 7) trauma medical training that helps military personnel and local first responders save lives, 8) forensic nurse examiners who care for victims of interpersonal violence and facilitate prosecution of their attackers/abusers, 9) new facilities, such a Neuroscience Institute to provide comprehensive, convenient care to patients with everything from brain and spine injuries to Alzheimer’s, Parkinson’s and multiple sclerosis, and an expanded Cardiovascular Center of Excellence.

We work passionately, professionally and in partnership with our benefactors to ensure that their individual philanthropic goals are fulfilled while also meeting the needs of the patients, families and communities served by HonorHealth.

Every dollar raised is distributed to the HonorHealth healthcare system. Working collaboratively with system leadership, we jointly determine areas of strategic fundraising to meet the healthcare needs of our community and serve the philanthropic purpose expressed by our donors.

HonorHealth Foundation focuses on ensuring that donors are informed of the specific use of their gift and its impact on others. This includes financial reporting related to their contribution, as well as providing regular communications and updates about the use of their donation. Opportunities also are provided for donors to see their gift in action firsthand during tours, site visits and interactions with appropriate program stakeholders.

HonorHealth Foundation has a dedicated team of 45 staff members who are united in their donor-centric focus and relationship-based fundraising approach. The team includes development professionals who work closely with donors to ensure their individual philanthropic goals are met.

Other members of the HonorHealth Foundation team include finance, technology, communications and support personnel who properly acknowledge and account for gifts, update donors on the impact of their gifts, and inform potential donors about meaningful opportunities to support HonorHealth’s many programs and services.

HonorHealth Foundation has a capability that many nonprofit organizations lack; we allow donors to do the most good and help the most people with their gifts. In fact, each donor can be assured that 100 percent of their gift goes directly to the HonorHealth program or service they desire, rather than administrative fees. This is made possible by HonorHealth, which covers HonorHealth Foundation’s operating costs entirely.

The healthcare system offers a solid reputation backed by a history of more than 140 years of continually investing in new and better ways to serve the community and its healthcare needs. HonorHealth is well-known in our community and beyond for innovation and quality care. As evidence of this, five of HonorHealth’s six medical centers have earned Magnet status, which is the gold standard for excellence in nursing and a designation held only by approximately 8 percent of the nation’s hospitals (the sixth hospital is not yet eligible, as it is new and has not met the Magnet requirements for time in operation).

Among our many testaments of embracing innovation to benefit patients and our community, HonorHealth was first in Arizona with the da Vinci robot for performing minimally invasive surgery, as well as first in the Southwest and second in the nation to implant an MRI-safe pacemaker. Our Breast Health and Research Center was the second breast center in the entire nation to use 3D mammography, and our cancer clinical trials program at HonorHealth Research and Innovation Institute is home to one of the nation’s leading early drug development programs—a distinction normally held by large academic centers rather than community hospital systems such as HonorHealth. HonorHealth is also home to the largest fleet of germ-zapping robots, which use UV light rays to disinfect patient rooms and equipment, resulting in measurable improvement in hospital-acquired infection.

Over the years, HonorHealth Foundation has raised more than $490 million to support HonorHealth’s many programs and services and advance its mission.

HonorHealth Foundation provides millions of dollars to fund capital projects. These range from micro-vascular surgery instruments, ultrasound machines and medical imaging devices to pediatric cribs, state of the art cardiovascular suites, and high-tech manikins used to provide realistic simulation training to military medical personal and local first responders. The new Bob Bové Neuroscience Institute opened in 2021, largely funded by generous community donors and now providing comprehensive, expert services under one roof to ease the way for the growing number of patients with Alzheimer’s, Parkinson’s, brain and spine injuries and other neurological issues.

Additionally, generous gifts to HonorHealth Foundation have enabled HonorHealth’s community programs to serve individuals of all ages facing a myriad of vital needs. As evidence of this, in 2021, philanthropy helped HonorHealth Desert Mission to provide 18,580 food boxes to neighbors in need and early care and education to more than 400 at-risk children. Desert Mission’s adult day healthcare program served as a safe place for seniors, more than 80 percent of whom exhibit some form of dementia and 27 percent of them are Veterans. Through philanthropic support, HonorHealth’s forensic nurse examiners perform an average of 230 medical-forensic exams monthly on victims of interpersonal violence. Philanthropic support also makes it possible for investigators at HonorHealth Research and Innovation Institute to develop promising new treatments for cancer, heart disease, trauma and GI conditions.

Looking ahead, HonorHealth Foundation will raise the funds needed to support HonorHealth’s programs and services, as well as expand its facilities and ability to conveniently meet community needs. Key among these efforts will be an expanded Cardiovascular Center of Excellence, to meet the growing population of adults with heart disease. We are also focused on our partnership with the city of Scottsdale to improve the health of all residents through the Blue Zone initiative. This community health improvement initiative will create the policy, healthcare and built environment that leads to better health for all.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

HonorHealth Foundation
Fiscal year: Jan 01 - Dec 31
Financial documents
2020 HonorHealth
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

10.70

Average of 75.74 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

0.1

Average of 1.2 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

12%

Average of 14% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

HonorHealth Foundation

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

HonorHealth Foundation

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

HonorHealth Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of HonorHealth Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$4,057,348 $15,742,158 $4,924,687 $10,707,037 -$18,854,076
As % of expenses -20.8% 63.8% 15.9% 40.6% -41.4%
Unrestricted surplus (deficit) after depreciation -$4,057,566 $15,741,970 $4,924,505 $10,707,037 -$18,854,076
As % of expenses -20.8% 63.8% 15.9% 40.6% -41.4%
Revenue composition info
Total revenue (unrestricted & restricted) $27,145,462 $41,438,348 $54,811,593 $47,488,942 $90,920,062
Total revenue, % change over prior year -7.0% 52.7% 32.3% -13.4% 91.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 18.7% 14.7% 8.3% 10.8% 8.2%
Government grants 0.4% 0.5% 0.9% 0.7% 0.5%
All other grants and contributions 70.1% 73.0% 69.6% 71.9% 41.0%
Other revenue 10.8% 11.8% 21.1% 16.6% 50.3%
Expense composition info
Total expenses before depreciation $19,521,422 $24,680,818 $31,039,743 $26,371,695 $45,488,449
Total expenses, % change over prior year 12.5% 26.4% 25.8% -15.0% 72.5%
Personnel 19.4% 18.7% 16.5% 23.6% 13.8%
Professional fees 4.8% 3.7% 3.3% 6.6% 3.7%
Occupancy 0.1% 0.2% 0.1% 0.1% 0.0%
Interest 0.4% 0.3% 0.5% 0.3% 0.0%
Pass-through 72.3% 73.0% 76.6% 61.7% 78.5%
All other expenses 3.1% 4.1% 3.0% 7.6% 4.0%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $19,521,640 $24,681,006 $31,039,925 $26,371,695 $45,488,449
One month of savings $1,626,785 $2,056,735 $2,586,645 $2,197,641 $3,790,704
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $21,148,425 $26,737,741 $33,626,570 $28,569,336 $49,279,153

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 1.2 3.6 0.8 0.0 0.1
Months of cash and investments 121.5 118.5 106.2 146.7 72.6
Months of estimated liquid unrestricted net assets 25.6 27.9 24.1 33.2 14.3
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,984,808 $7,431,482 $2,158,050 $88,737 $464,036
Investments $195,612,381 $236,229,659 $272,582,352 $322,209,046 $274,581,314
Receivables $0 $2,986,031 $3,648,265 $8,650,177 $8,807,879
Gross land, buildings, equipment (LBE) $936,478 $936,478 $936,478 $802,807 $699,488
Accumulated depreciation (as a % of LBE) 99.9% 99.9% 100.0% 100.0% 100.0%
Liabilities (as a % of assets) 3.1% 4.0% 1.6% 4.6% 8.6%
Unrestricted net assets $41,657,152 $57,399,122 $62,323,627 $73,030,664 $54,176,588
Temporarily restricted net assets $28,900,246 N/A N/A N/A N/A
Permanently restricted net assets $121,023,410 N/A N/A N/A N/A
Total restricted net assets $149,923,656 $181,445,605 $220,491,289 $253,801,488 $217,232,435
Total net assets $191,580,808 $238,844,727 $282,814,916 $326,832,152 $271,409,023

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Mr. Jared A Langkilde

Jared Langkilde, MBA, CFRE, leads HonorHealth Foundation with a vision for transforming healthcare through philanthropy. Under his leadership, the Foundation has achieved three consecutive years of record-breaking fundraising, which directly supports the breakthrough research and compassionate care offered throughout HonorHealth's network of patient services and community programs. In addition, the Foundation has earned recognition by the most respected charity watchdogs in the country for its financial transparency, leadership and efficiency. Honors include Charity Navigator Give with Confidence rating, Better Business Bureau accredited charity, Guidestar Platinum Seal of Transparency and Association for Healthcare Philanthropy Top Performer. Prior to joining the Foundation, Jared served more than 20 years in higher education, in development and community relations leadership roles.

Number of employees

Source: IRS Form 990

HonorHealth Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

HonorHealth Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

HonorHealth Foundation

Board of directors
as of 10/20/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Ms. Laurie Florkiewicz

Laurie A. Florkiewicz

N/A

Carter Emerson

N/A

Sue Fletcher

James Graber

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 10/20/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 10/11/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser