Cedars-sinai Medical Care Foundation
79% goes to programs $0 to raise $100 Growing revenue
Cedars-sinai Medical Care Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 1997, with $865,156,711 in FY2023 revenue. CharityIndex grades it B+, and it directs about 79% of spending to programs.
6500 Wilshire Blvd 19th Floor, Los Angeles, CA, 90048 EIN 95-4457756 Since 1997
Revenue (FY2023)
$865.2M
▲ 18.9% vs prior year
Health median: $840K
Expenses (FY2023)
$987.0M
Net assets
$434.0M
Employees
2,264
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating79% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cedars-sinai Medical Care Foundation: 79% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating5 mo reserves · -14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cedars-sinai Medical Care Foundation: 5 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cedars-sinai Medical Care Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cedars-sinai Medical Care Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To enhance cedars-sinai's ability to effectively and efficiently deliver health care services.
Contact & location
- Address
- 6500 Wilshire Blvd 19th Floor, Los Angeles, CA, 90048
- City
- Los Angeles
- State
- California
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $216.1M (FY2013) to $865.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $268.8MNet assets $434.0M
Operating margin
-14.1%
Spent more than it raised in the latest fiscal year.
Total assets
$702.8M
Total liabilities
$268.8M
Net assets
$434.0M
Salaries & benefits
$206.4M
21% of expenses
Board members
12
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $865,156,711▲18.9% | $986,995,354▲16.4% | $434,013,837▲36.4% | $702,818,020▲29.4% | 990 |
| 2022 | $727,884,395▲9.2% | $847,806,894▲10.5% | $318,209,633▼0.2% | $543,277,791▼3.4% | 990 |
| 2021 | $666,771,690▲18.9% | $766,973,538▲16.6% | $318,700,355▲2.4% | $562,403,044▼0.4% | 990 |
| 2020 | $560,931,684▲25.1% | $657,746,128▲16.9% | $311,221,135▲15.9% | $564,609,326▲7.3% | 990 |
| 2019 | $448,424,647▲1.4% | $562,583,679▲3.6% | $268,454,915▲18.4% | $526,267,961▲85.0% | 990 |
| 2018 | $442,367,537▲12.0% | $543,117,011▲13.3% | $226,829,071▲129% | $284,507,366▲108% | 990 |
| 2017 | $394,850,249▲11.9% | $479,317,254▲14.8% | $99,223,774▲9.5% | $137,061,698▲6.5% | 990 |
| 2016 | $352,881,506▼3.4% | $417,460,484▲14.3% | $90,605,592▲11.2% | $128,673,979▲6.8% | 990 |
| 2015 | $365,441,607▲7.7% | $365,305,398▲26.1% | $81,459,998▲0.2% | $120,471,535▲3.7% | 990 |
| 2014 | $339,431,426▲57.1% | $289,788,804▲47.6% | $81,323,804▲157% | $116,176,710▲99.3% | 990 |
| 2013 | $216,098,494 | $196,383,410▲12.1% | $31,681,182▲165% | $58,288,699▲49.1% | 990 |
| 2012 | — | $175,119,371▲9.7% | $11,966,098▼18.5% | $39,105,851▲4.9% | 990 |
| 2011 | — | $159,631,922▲14.9% | $14,675,949▼27.2% | $37,261,746▲3.0% | 990 |
| 2010 | — | $138,974,119▲11.1% | $20,157,248▲43.2% | $36,176,067▲16.4% | 990 |
| 2009 | — | $125,134,573 | $14,080,825 | $31,092,069 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Stephen Deutsch Md — $581,677 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Deutsch Md | Senior Medical Director-csmg | 50 | $581,677 |
| Alen Voskanian | Chief Operating Officer | 55 | $106,422 |
| Caroline Goldzweig Md | Chief Medical Director | 50 | — |
| Cynthia Litt Deculus | Vice President | 55 | — |
| David Kaplan | Board Member | 1 | — |
| David M Wrigley | Chief Financial Officer | 1 | — |
| Deborah A Botten | Vice President | 50 | — |
| Edward M Prunchunas | Former Officer | 0 | — |
| James M Lippman | Board Member | 1 | — |
| Jill Martin | President | 22 | — |
| John Bendheim | Board Member | 1 | — |
| John Jenrette Md | Former Officer | 2 | — |
| Joseph Kim | Vice President | 50 | — |
| Lawrence B Platt | Board Member | 1 | — |
| Lisa Maqueira | Former Highest Compensated Emp | 0 | — |
| Marc H Rapaport | Board Member | 1 | — |
| Mary Clare Lingel | Vice President | 50 | — |
| Richard B Jacobs | Secretary | 5 | — |
| Samuel Ross Md | Board Member | 1 | — |
| Susan Rabizadeh Md | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cedars-sinai Medical Group | Physician Services | $123,981,050 |
| Beverly Anesthesiology Inc | Physician Services | $80,978,926 |
| Kerlan-jobe Orthopaedic Clinic | Physician Services | $32,443,266 |
| Inpatient Specialty Practices A Med Grp | Physician Services | $27,459,091 |
| Santa Monica Orthopaedic & Sports Med Gr | Physician Services | $21,142,868 |
Grants received · $137.8M total
6 grants to Cedars-sinai Medical Care Foundation totaling $137.8M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Chicago | Subaward | 2023 | $170,682 |
| Paypal Charitable Giving Fund | General support | 2020 | $125,722 |
| AARP Foundation | Grant to support aarp foundation's isolation program. | 2017 | $609,858 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $30,000 |
| Cedars-sinai Medical Center | General support | 2015 | $44,949,835 |
| Cedars-sinai Medical Center | General support | 2014 | $91,878,139 |
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Compare Cedars-sinai Medical Care Foundation
Frequently asked questions
- Is Cedars-sinai Medical Care Foundation a legitimate nonprofit?
- Yes. Cedars-sinai Medical Care Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4457756, based in Los Angeles, California. Donations are tax-deductible.
- What is Cedars-sinai Medical Care Foundation's EIN?
- Cedars-sinai Medical Care Foundation's Employer Identification Number (EIN) is 95-4457756.
- How much revenue does Cedars-sinai Medical Care Foundation report?
- Cedars-sinai Medical Care Foundation reported $865,156,711 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cedars-sinai Medical Care Foundation's spending goes to programs?
- Cedars-sinai Medical Care Foundation spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cedars-sinai Medical Care Foundation have?
- CharityIndex grades Cedars-sinai Medical Care Foundation B+, based on program efficiency and fundraising cost.
- How much does Cedars-sinai Medical Care Foundation's highest-paid employee make?
- The highest reported compensation on Cedars-sinai Medical Care Foundation's latest Form 990 is $581,677, paid to Stephen Deutsch Md (Senior Medical Director-csmg).
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Data for Cedars-sinai Medical Care Foundation (EIN 95-4457756) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.