Saint Luke's Foundation
4225 Baltimore Ave.
Kansas City MO 64111-2304
Web and Phone Contact
Telephone (816) 932-2252
Mission Statement
To support Saint Luke's Health System teaching, research and unique clinical programs.

We partner with donors to fund innovative health care solutions through charitable gifts for research, education, new technology, and the pursuit of excellence in patient care.
 
We strengthen and enhance the delivery of health care services that distinguish Saint Luke's hospitals and programs in the Greater Kansas City area.
 
We support Saint Luke's Health System's healing mission, its reputation as a quality leader, its longstanding role in medical education, and its identity as a faith-based, nonprofit health system.
 
We care for those with financial need by supporting innovative community service programs and partnerships.
Leadership
CEO/Executive Director Mr. Michael K. VanDerhoef
Board Chair Ms. Kirstin Pace Salzman
Board Chair Company Affiliation Husch Blackwell Sanders, LLC
History and Background
Year of Incorporation 1963
Former Names
Saint Luke's Hospital Foundation
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement
To support Saint Luke's Health System teaching, research and unique clinical programs.

We partner with donors to fund innovative health care solutions through charitable gifts for research, education, new technology, and the pursuit of excellence in patient care.
 
We strengthen and enhance the delivery of health care services that distinguish Saint Luke's hospitals and programs in the Greater Kansas City area.
 
We support Saint Luke's Health System's healing mission, its reputation as a quality leader, its longstanding role in medical education, and its identity as a faith-based, nonprofit health system.
 
We care for those with financial need by supporting innovative community service programs and partnerships.
Background Statement
Saint Luke's Foundation was founded in 1963 to support Saint Luke's Hospital's role as a private academic medical center with funding for medical and nursing education, research, charity care, and medical programs. Over the years, the Foundation's mission has expanded to include other Saint Luke's campuses in the Kansas City metro area—Saint Luke's East Hospital, Saint Luke's North Hospital (Barry Road and Smithville), and Saint Luke's South Hospital. The Foundation also pursues private support for programs at other Saint Luke's Health System facilities, including Crittenton Children's Center, The Children's SPOT, Midwest Ear Institute, Saint Luke's College of Health Sciences, and Saint Luke's Hospice.
 
The Foundation manages endowments, investments and real estate holdings totaling $163 million. The Foundation brings the community's charitable support to bear on vital medical areas of the hospital, particularly where other sources of revenue and reimbursement are lacking. These funds assure that uninsured and indigent patients receive health care. In addition, funds provide clinical release time to physician/faculty for teaching and research. The Foundation also administers endowment for faculty appointments and student scholarships.
 
As of December 31, 2015, the Foundation held assets of $163,600,000, $12.4 million of which consisted of real estate held by a subsidiary of the foundation named Westport Today of Kansas City, LLC. Westport Today was gifted to the foundation by the Nichols family in 1999 and currently holds 74 properties that are contiguous to Saint Luke's Hospital. 
Impact Statement
In 2015, direct contributions of $23,744,000 from Saint Luke’s Foundation supported a variety of programs associated with the health system. These gifts produced direct outcomes in medical education, indigent care and block grant support. While we cannot measure the number of lives saved or quality of life enhanced because of medical care at Saint Luke’s, these are a few highlights: 
  1. $1,375,000 awarded by the McWilliams Memorial Hospital Trust, Bank of America trustee, supported several programs including Saint Luke's Community Service Clinics, Care Connections to assist Emergency Room patients at discharge, Medical/Legal Aid partnership, expansion of Rose Brooks Bridge program in emergency rooms at Saint Luke's hospitals, and supplemental support to medication assistance programs across the Health System.
  2. The Foundation provided $499,283 to the hospital in support of endowed chair positions, which facilitate medical education and research. An additional $417,987 in matching funds was contributed by the Missouri Endowed Chair program.
  3. The Department of Medical Education received $331,000 in support of resident training, the Health Sciences Library, and clinical research by residents.
  4. Our largest gift was $2,400,000 from the Marion and Henry Bloch Family Foundation.
 
Goals for Saint Luke's Hospital Foundation are:
  1. Manage the alignment of the Foundation within Saint Luke's Health System.
  2. Grow community fundraising at the suburban hospitals.
  3. Grow support around key service lines and System priorities, including heart, neurosciences, cancer, rehabilitation, and hospice and palliative care.
  4. Sustain and grow support for medical and nursing education and research.
Needs Statement

With decreasing Medicare and other federal reimbursement, Saint Luke’s faces several challenges to its focus on quality, community service and medical innovation:

  1. Secure support for capital improvements, medical programs and endowment. 
  2. Keep pace with medical technology. 
  3. Sustain teaching and research programs.
  4. Enhance specialty care, particularly in heart, neuroscience, cancer, geriatrics, and women & infants. 
  5. Finance charity care and community services provided for the uninsured.
Service Categories
Hospitals
Areas of Service
National
MO
KS
MO - Jackson County
MO - Clay County
MO - Platte County
KS - Wyandotte County
KS - Johnson County
MO - Jackson County Urban Core
CEO/Executive Director/Board Chair Statement
Through annual gifts and investment revenue, the Foundation provides steady and substantial support to Saint Luke’s hospitals and clinics in the Greater Kansas City area. For example, the Foundation supports 12 endowed chairs--physician faculty members--who are engaged in teaching and research activities at Saint Luke's. Numerous endowed lectureships also add stature to the Medical Education Program for physicians and residents. More than 200 educational grants and scholarships are provided to staff nurses and nursing students at Saint Luke’s College each year.
 
As of December 31, 2015, the Foundation managed 672 segregated funds. Donor wishes are carefully honored when allocating income to designated medical, research or education programs. Approximately 97 percent of assets are restricted for specific uses by the donor. The use of Foundation charitable funds to support hospital needs is overseen jointly by Saint Luke’s Health System and Foundation. The Foundation strives to balance prudent investment of assets while retaining sufficient liquidity to meet its funding obligations to the hospital. Foundation funds are managed by a variety of money managers, overseen by the Foundation’s Investment Committee.
 
As of December 31, 2015, the Foundation held assets of $163,600,000, $12.4 million of which consisted of real estate held by a subsidiary of the foundation named Westport Today of Kansas City, LLC. Westport Today was gifted to the foundation by the Nichols family in 1999 and currently holds 74 properties that are contiguous to Saint Luke's Hospital.
Programs
Description Saint Luke’s is a tertiary referral center offering health care in more than 50 medical specialties, enhanced by medical education and research. This emphasis gives patients access to national clinical trials and state-of-the-art treatment protocols. Through affiliations with UMKC Medical School and the University of Kansas, Saint Luke’s offers 13 residency programs and 21 fellowships, eight of which are funded through the Foundation. There are about 75 medical students per month doing rotations at Saint Luke's Hospital, and there are two Year 1-2 and three Year 3-6 UMKC medical student docent teams at SLH. Education programs are also offered in pharmacy, laboratory science, radiology, sonography and nursing.
Category Health Care, General/Other Inpatient/Hospital Care
Population Served General/Unspecified, ,
Short-Term Success
  1. Improved Graduate Medical Education fiscal efficiency.
  2. Growth of Graduate Medical Education.
  3. $2 million general endowment to underwrite basic GME infrastructure.
  4. Permanent endowment for the Health Sciences Library for materials, subscriptions, Internet resources, technology, equipment, and maintenance.
  5. Endowed Medical Education and Clinical Research Chair.
  6. Endowed Program Directorships to coordinate residency programs for each medical department.
  7. Endowed Teaching Awards to recognize excellence among teaching faculty.
  8. Funding for construction and facility renovation for education and research.
Long-Term Success Currently, Graduate Medical Education (GME) support from the Foundation totals a little more than $1 million annually. Long-term objectives focus on a GME program transformation, which is outlined in the 2003 Strategic plan.
Program Success Monitored By We will monitor our progress by the raising of funds and meeting the objectives outlined in the Strategic Plan.
Examples of Program Success
The health system takes on more than 400 research projects annually. These are a couple of the highlights:
  1. Doctors at the Saint Luke's Marion Bloch Neuroscience Institute are researching therapies which will extend the window of time for the treatment of stroke from 8 hours to 24 hours after symptoms appear. Needless to say, this treatment will greatly increase patients’ chances for a full recovery.
  2. Research at the Saint Luke's Mid America Heart Institute is testing technological advancements in cardiovascular imaging, catheterization, heart transplant, and outcomes research. Innovations in these areas will revolutionize treatment, prevention and diagnosis of cardiovascular problems.
Description Saint Luke’s Health System provided over $204 million in uncompensated care for our community that entered our doors in 2015. Saint Luke’s Health System also provides social work services in all areas of our hospital, a Medical Legal Partnership for vulnerable patients with unmet legal needs affecting their health, and a Medication Assistance Program. In partnership with the Kansas City CARE Clinic, we offer a Care Connections program that helps low-income patients gain access to routine, primary care as well as specialty care services. Saint Luke's supports this collaboration through providing financial resources for on site Community Health workers who help to connect patients with transportation back to their Patient Centered Medical Home, connections to community resources and general case management needs. 
Category Health Care, General/Other Ambulatory & Primary Health Care
Population Served Poor,Economically Disadvantaged,Indigent, Homeless,
Short-Term Success
  1. Provide hands-on experience for doctors in training.
  2. Raising money to keep the clinics open and serving patients.
Long-Term Success Ensuring first class healthcare for all of Kansas City's uninsured.
Program Success Monitored By Continued fundraising to underwrite the costs of all clinics.
Examples of Program Success Saint Luke's Health System is also a community resource for the increasing Medicaid community. Through our Community Service Clinics, we are able to provide follow up care and specialty care, as well as obstetric and gynecology services. 
Description Our comprehensive approach to cardiac health provides patients from a six-state region access to the nation’s leading cardiologists, plus a full range of expertise in preventive care, research, education, and patient care. Currently, MAHI seeks support for expanded clinical research projects; enhanced community education programs; academic growth with additional endowed chairs, professorships and fellowships, continuing education programs, plus support to continue to enhance our state-of-the-art Heart Institute.
Category Diseases, Disorders & Medical Disciplines, General/Other Heart Diseases
Population Served Other Named Groups, ,
Short-Term Success
  1. Provide "release time from practice" for physician/faculty members.
  2. Recruitment of residents and fellows.
  3. Purchasing of new lab and clinical equipment.
  4. Support for educational conferences attended by the cardiologists and staff.
Long-Term Success
  1. Creation of 10 centers of excellence within the Heart Institute.
  2. Sustaining and improving the quality of patient care offered by the Heart Institute.
Program Success Monitored By

We will monitor our success by funds raised for the following:

  1. Cardiovascular Outcomes Center,
  2. Preventive Cardiology Center,
  3. Women’s Heart Center,
  4. Cardiovascular Imaging Center,
  5. Interventional Cardiology Center,
  6. Cardiothoracic Surgery and Anesthesia Center,
  7. Heart Failure and Transplant Center,
  8. Rhythm Management Center,
  9. Diabetic Vascular Disease Center, and
  10. Behavioral Cardiology Center.
Examples of Program Success

Saint Luke’s Mid America Heart Institute is world-renowned for its excellence in patient care, and is considered a leader in the areas of cardiovascular research, interventional cardiology, cardiac surgery, imaging, heart failure, preventive cardiology, outcomes and health economics. Since its inception, MAHI has been a leader – the first stand alone Heart Institute, the first balloon angioplasty in patients with an acute heart attack, one of the first to perform radiofrequency ablations for cardiac arrhythmias, and the first dedicated Women’s Heart Institute just to name a few. In addition, MAHI has the region's only heart transplant program – ranked in the top 10 in the nation for adult transplants. In June 2015, MAHI celebrated the 30th anniversary of its heart transplant program, with nearly 700 transplants performed. MAHI's robust research activity touches the lives of more than 1,700 heart patients enrolled in clinical studies, and continually works to improve lives through studies ranging from heart rhythm and structural disorders to lipid and diabetes management.  It also directs the center for the Cardiovascular Outcomes Research Consortium, a network of national leaders devoted to collaborative efforts in outcomes assessment and quality improvement. 

Description Provides comprehensive treatment, prevention and rehabilitation for patients with diseases of the nervous system and spine. Cutting-edge treatments have earned it recognition as one of the nation’s top stroke centers. Currently, the Marion Bloch Neuroscience Institute seeks support for: stroke, brain tumor & epilepsy programs; neurosurgical operating rooms; facilities for neuro intensive care, interventional neuroradiology, & neurorehabilitation; research; neurodiagnostics laboratory; endowed chairs, fellowships & clinical scholars.
Category Diseases, Disorders & Medical Disciplines, General/Other Nervous System Diseases
Population Served Other Named Groups, ,
Short-Term Success
  1. Development of centers of excellence for the following: Interventional Radiology and Neuroimaging Center, Neurosurgical Operating Center, Comprehensive Spine Center, Neurorehabilitation Center, and Stroke Prevention Center.
  2. Growth and development of new programs, young investigators, statistical support and new research initiatives.
  3. The Neuroscience Institute has one endowed chair in neuroscience and seeks to establish four additional endowed chairs.
  4. Endowed clinical scholars/fellowships and an endowed nursing fellowship will add to the Neuroscience Institute's education and research capacity.
Long-Term Success The creation of centers of excellence focusing on research and care for persons afflicted with diseases of the nervous system and spine.
Program Success Monitored By Success is monitored by continued development and expansion of the Marion Bloch Neuroscience Institute's centers of excellence to serve Kansas City and the surrounding region.
Examples of Program Success Saint Luke’s Stroke Center, which opened in 1993, was one of the first in the nation and now is the model for developing centers in the United States and abroad. The systems approach, standardizing “best practice” care with highly trained personnel in one location of the hospital, led to spectacular outcomes and national attention. Saint Luke's Marion Bloch Neuroscience Institute was recognized in U.S. News and World Report's 2014-2015 Best Hospitals for excellence in neurology and neurosurgery. It also achieved Comprehensive Stroke Center designation by the Joint Commission, the highest stroke certification available. Of more than 2,000 hospitals nationwide, less than 80 qualify for this recognition. Additionally, we became the first hospital in the region to use a new MRI-guided laser technology to treat malignant brain tumors. The FDA-cleared system, called NeuroBlate, allows neurosurgeons to reach tumors that could not be reached previously, or were considered inoperable.
Description Provides comprehensive high-quality cancer care enhanced by medical education and research. SLCI offers radiation therapy, high dose brachytherapy, leukemia and lymphoma program, breast services, gyn oncology, genetic counseling, PET scanning and community outreach. Currently, SLCI seeks support for: enhanced facilities, new infusion center; cancer support services; community education & cancer screening; residency training, and endowed chairs & cancer research.
Category Diseases, Disorders & Medical Disciplines, General/Other Cancer
Population Served Other Named Groups, ,
Short-Term Success
  1. Enhance programs, make capital improvements, and expand patient services in these areas: inpatient oncology, radiation therapy, high dose brachytherapy, breast center, gynecologic oncology, genetic counseling, cancer screening, and community outreach and education.
  2. SLCI aims to develop endowed chairs in Gyn Oncology, Medical Oncology/Breast Care, Clinical Research/Breast Care, Hereditary Cancer/Cancer Prevention and Community Health, and Biomolecular Cancer Care.
Long-Term Success SLCI’s long-term goal is to offer patients an interdisciplinary care model that provides the highest level of oncology services throughout our 10-hospital Saint Luke's Health System.
Program Success Monitored By The successful creation of several new centers of excellence: research and education, hereditary cancer, lung cancer, malignant melanoma research, technology, and biomolecular cancer care.
Examples of Program Success
SLCI has repeatedly taken a leadership role in cancer care: It established the area’s first gynoncology program. In 1995, its nurses established the only support group for women with gyn cancers. In 2008, SLCI also established the Cord Blood program that has allowed women in the Kansas City area to donate their umbilical cord blood at no charge. Saint Luke's Cord Blood program serves as a worldwide resource for patients in need of a live-saving stem cell transplant.
 
Today, Saint Luke’s Cancer Institute has 10 physician practices throughout the Kansas City region and is one of the largest non-profit providers in the region dedicated to providing comprehensive cancer services, including prevention, early detection, diagnosis, treatment, research, education, and supportive care. Our multidisciplinary team of experts is committed to improving the treatment and understanding of cancer with more than 100 active cancer clinical trials underway.
 
SLCI's physicians also conduct research on many aspects of cancer, including diagnosis, treatment, symptom control, and survivor issues. SLCI is a leader within the Kansas City Clinical Oncology Program (KCCOP), a cooperative effort of nine area health care organizations and more than 50 oncology specialty physicians. KCCOP gives patients access to a wide range of National Cancer Institute sponsored oncology clinical trials while remaining in their own communities.
CEO Comments The Foundation has been able to sustain a culture of major gift support through capital campaigns launched roughly once per decade. Communications and marketing initiatives have been improved (e.g., new website) to support a better understanding of the health system's issues and concerns among key audiences.
Executive Director/CEO
Executive Director Mr. Michael K. VanDerhoef
Term Start Aug 2017
Experience

Michael VanDerhoef joined Saint Luke’s in August 2017 as the new CEO for Saint Luke's Foundation and senior vice president of development for Saint Luke's Health System. With more than 30 years of experience in development leadership positions, primarily in health care, Mike is a seasoned expert in fundraising and brings a fresh new perspective to Saint Luke’s programs.

Previously, Mike was at Marquette University in Milwaukee, Wisconsin, where he served as Vice President for Advancement since 2013. Prior to that, Mike served a dual role at Virginia Mason Health System in Seattle. He was president of the Virginia Mason Foundation and vice president of Virginia Mason Medical Center. During his 12 years there, Mike was given responsibility for several facets of the medical center; in addition to being responsible for fund raising across the medical center, including a $100 million capital campaign, he was also responsible for the health system’s customer service strategy, and he also oversaw the system’s skilled nursing facility for individuals living with HIV and AIDS.

An expert in the field of development, Mike has presented at philanthropy conferences across the country, has been featured in the Chronicle of Philanthropy and The New York Times for his success at the Virginia Mason Foundation and is a founding member of the Advisory Board’s Philanthropy Leadership Council.

Mike received a bachelor’s degree in journalism and advertising from Marquette University in 1984, and a MBA from the University of Illinois–Chicago in 1993.

Co-CEO/Executive Director
Term Start 0
Compensation Last Year
Former CEOs
NameTerm
Mr. Mark Litzler Jan 2001 - Nov
Dr. Harold Schultz Ph.D.Jan 1991 - Dec 2000
Senior Staff
Title Assistant Executive Director, Communications, Marketing and Stewardship
Title CFO
Staff
Paid Full-Time Staff 14
Paid Part-Time Staff 0
Volunteers 28
Paid Contractors 1
Retention Rate 75%
Staff Diversity (Ethnicity)
Caucasian 14
Staff Diversity (Gender)
Female 10
Male 4
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
Non-Management Formal Evaluation Yes
Non-Management Formal Evaluation Frequency Annually
Plans & Policies
Organization Has a Fundraising Plan Yes
Organization Has a Strategic Plan Yes
Management Succession Plan No
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Collaborations
Crittenton Children's Center, Midwest Ear Institute, Saint Luke's South Hospital, Saint Luke's East Hospital-Lee's Summit, Saint Luke's North Hospital, Saint Luke's College of Health Sciences, Saint Luke's Home Care & Hospice, Kansas City Free Health Clinic, Swope Health Services, The Children’s SPOT, Kansas City Orthopedic Institute, Salvation Army, Rose Brooks, Artists Helping the Homeless
Awards
Award/RecognitionOrganizationYear
Malcolm Baldridge National Quality AwardMalcolm Baldridge Foundation2003
Missouri Quality AwardExcellence in Missouri Foundation (1995, 1999, 2002, 2006)2006
"America's Best Hospitals" (Heart and Heart Surgery, Neurology and Neurosurgery, Gynecology)U.S. News and World Report2007
"America's Best Hospitals" (Urology)U.S. News and World Report2009
"America's Best Hospitals" (Heart and Heart Surgery, Gynecology)U.S. News and World Report2010
Most Wired AwardHospitals and Health Networks (2009, 2013)2013
Get with the Guidelines - Stroke Gold Plus Quality Achievement AwardAmerican Heart Association/American Stroke Association2013
Magnet RecognitionAmerican Nurses Credentialing Center (2004, 2009, 2014)2014
"America's Best Hospitals" (Saint Luke's Hospital #2 in Missouri and #2 in KC Metro Area; Saint Luke's South Hospital #3 in Kansas and #4 in KC Metro Area)U.S. News and World Report2014
"America's Best Hospitals" (Cardiology and Heart Surgery, Gynecology, Urology, Neurology and Neurosurgery)U.S. News and World Report2014
Comprehensive Stroke Center DesignationJoint Commission2014
"America's Best Hospitals" (Saint Luke's Hospital #2 in Missouri and #2 in KC Metro Area)U.S. News and World Report2015
"America's Best Hospitals" (Cardiology and Heart Surgery; Ear, Nose, and Throat; Gastroenterology and GI Surgery; Gynecology; Nephrology; Pulmonology; Urology)U.S. News and World Report2015
Nationally ranked in Top 50 for Cardiology & Heart Surgery, Gastroenterology & GI Surgery, Gynecology, PulmonologyU.S. News & World Report2016
Government Licenses
Is your organization licensed by the government? No
CEO Comments Saint Luke's Hospital is one of the region's largest and busiest hospitals, best known for its delivery of exceptional care in an integrative approach. We've served Kansas City for more than 125 years as a faith-based, locally governed, non profit teaching hospital. Today, it serves as the flagship of 10-hospital Saint Luke's Health System. Saint Luke's has long been known for the quality of its programs cited by numerous awards and honors. Additionally, through prudent management and stewardship of resources, Saint Luke's has achieved superior bond ratings from the national rating agencies -- which enable programmatic and capital expansion across the marketplace in spite of shrinking federal reimbursements. Over the last generation, the teaching, research and charity missions of Saint Luke's have been forced to rely more heavily on private support and relationships with key partners like UMKC, KU and affiliates of the area life sciences initiative. The community's growing uninsured population now strains the health system's ability to provide care without regard for ability to pay. Through the community's support and in tandem with key partners, Saint Luke's remains steadfast to its core values and strategic mission.
Board Chair
Board Chair Ms. Kirstin Pace Salzman
Company Affiliation Husch Blackwell Sanders, LLC
Term May 2015 to May 2018
Board Members
NameAffiliation
Mr. Keith A. Asel Hawthorn Bank
Dr. Mark S. Austenfeld M.D.Physician
Mr. Thomas M. Bloch University Academy Founder
Dr. A. Michael Borkon M.D.Mid-America Heart and Lung Surgeons
Mr. Scott S. Boswell Commerce Trust Company
Dr. Kevin A. Bybee M.D.Saint Luke's Cardiovascular Consultants
Dr. Melinda L. Estes Saint Luke's Health System
Mr. David W. Gibson KC Futures LLC
Dr. John W. Hendren M.D.Physician
Mrs. Audrey H. Langworthy Former Senator, Community Volunteer
Dr. Gina E. Lawson D.O.Physician
Mr. Greg S. Maday SpecChem LLS
Dr. Daniel J. Margolin M.D.Physician
Mr. John W. Meara Meara Welch Browne, PC
Mr. Wesley L. Moxley IIITingle Flooring
Mr. Richard E. Mueller Retired
Dr. Karin E. Olds Saint Luke's Health System
Mrs. Carol P. Powell Community Volunteer
Dr. Scott M. Ravis M.D.Physician
Mr. B. John Readey IIIBusinessman
Mr. George H. Richter Retired
Ms. Kirstin Pace Salzman Husch Blackwell Sanders, LLP
Mrs. Mary L. Spradley Community Volunteer
Dr. Brad T. Steinle Saint Luke's Health System
Dr. Tracy L. Stevens M.D.Physician
Mr. Mark C. Thompson Country Club Bank
Mr. Gary N. Wages Retired Hospital CEO
Mr. Thomas W. Wagstaff Wagstaff & Cartmell LLP
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 28
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 20
Female 8
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % 50%
Written Board Selection Criteria? No
Written Conflict of Interest Policy? No
Percentage Making Monetary Contributions 100%
Percentage Making In-Kind Contributions 1%
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 5
Standing Committees
Executive
Finance
Investment
Marketing
Trusteeship
CEO Comments Saint Luke's Hospital is one of the region's largest and busiest hospitals, best known for its delivery of exceptional care in an integrative approach. We've served Kansas City for more than 125 years as a faith-based, locally governed, non profit teaching hospital. Today, it serves as the flagship of 10-hospital Saint Luke's Health System. Saint Luke's has long been known for the quality of its programs cited by numerous awards and honors. Additionally, through prudent management and stewardship of resources, Saint Luke's has achieved superior bond ratings from the national rating agencies -- which enable programmatic and capital expansion across the marketplace in spite of shrinking federal reimbursements. Over the last generation, the teaching, research and charity missions of Saint Luke's have been forced to rely more heavily on private support and relationships with key partners like UMKC, KU and affiliates of the area life sciences initiative. The community's growing uninsured population now strains the health system's ability to provide care without regard for ability to pay. Through the community's support and in tandem with key partners, Saint Luke's remains steadfast to its core values and strategic mission.
Financials
Fiscal Year Start Jan 01, 2016
Fiscal Year End Dec 31, 2016
Projected Revenue $32,959,000
Projected Expenses $28,813,000
Endowment Value $36,120,000
Spending Policy Percentage
Percentage 5
IRS Letter of Exemption
Foundation Comments
  • FY 2015, 2014, 2013: Financial data reported using IRS Form 990.  
  • Foundation/corporate revenue line item includes contributions from individuals.
Detailed Financials
 
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
$14,397,434$10,014,879$12,637,990
Government Contributions$0$0$0
Federal----$0
State----$0
Local----$0
Unspecified$0$0$0
Individual Contributions----$0
$0$0$0
$9,964,854$8,553,775$7,362,850
Investment Income, Net of Losses$10,544,604$14,274,185$3,612,778
Membership Dues$0$0$0
Special Events$734,785$511,950$528,439
Revenue In-Kind$459,556$102,017$449,222
Other$1,625,775$1,731,409$1,076,813
Expense Allocation
Fiscal Year201520142013
Program Expense$24,810,934$22,213,046$25,648,907
Administration Expense$1,676,124$1,538,224$1,491,222
Fundraising Expense$864,560$753,706$658,292
Payments to Affiliates----$0
Total Revenue/Total Expenses1.381.440.92
Program Expense/Total Expenses91%91%92%
Fundraising Expense/Contributed Revenue6%7%5%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$167,476,702$168,822,419$164,931,109
Current Assets$13,175,859$11,030,730$9,449,188
Long-Term Liabilities$1,225,091$1,264,950$11,621
Current Liabilities$2,628,621$1,403,901$3,567,254
Total Net Assets$163,622,990$166,153,568$161,352,234
Short-Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities5.017.862.65
Long-Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets1%1%0%
Top Funding Sources
Fiscal Year201520142013
Top Funding Source & Dollar Amount -- -- --
Second Highest Funding Source & Dollar Amount -- -- --
Third Highest Funding Source & Dollar Amount -- -- --
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years No
Organization Comments

The Foundation’s revenue is derived from new gifts, grants, earnings from endowments, and fees. Revenue generated is utilized to support research, education, and innovative patient care across Saint Luke’s Health System programs, as well as to support the administrative budget of the Foundation. We actively seek to partner with community and business leaders to maximize the impact of Saint Luke’s Health System on the health and well-being of our community.

Organization Name Saint Luke's Foundation
Address 4225 Baltimore Ave.
Kansas City, MO 641112304
Primary Phone (816) 932-2252
Contact Email slhf@saint-lukes.org
CEO/Executive Director Mr. Michael K. VanDerhoef
Board Chair Ms. Kirstin Pace Salzman
Board Chair Company Affiliation Husch Blackwell Sanders, LLC
Year of Incorporation 1963
Former Names
Saint Luke's Hospital Foundation