Lankenau Medical Center Foundation
91% goes to programs $23 to raise $100 Strong reserves Declining revenue
Lankenau Medical Center Foundation is a 501(c)(3) organization based in Wynnewood, Pennsylvania, registered in 1981, with $27,337,553 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
100 Lancaster Avenue, Wynnewood, PA, 19096 EIN 23-2176723 Since 1981
Revenue (FY2023)
$27.3M
▲ 117.4% vs prior year
Health median: $840K
Expenses (FY2023)
$19.8M
Net assets
$497.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating91% to programs · $23 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 Lankenau Medical Center Foundation: 91% to programs · $23 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating301 mo reserves · +27% 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 Lankenau Medical Center Foundation: 301 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Lankenau Medical Center Foundation: 6 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 Lankenau Medical Center Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provides fundraising and development activities to support lankenau medical center & lankenau institute for medical research.
Contact & location
- Address
- 100 Lancaster Avenue, Wynnewood, PA, 19096
- City
- Wynnewood
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $29.7M (FY2013) to $27.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.0MNet assets $497.3M
Operating margin
27.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$499.2M
Total liabilities
$2.0M
Net assets
$497.3M
Salaries & benefits
$0
0% of expenses
Board members
29
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $27,337,553▲117% | $19,823,654▲7.8% | $497,257,692▲11.5% | $499,235,491▲11.8% | 990 |
| 2022 | $12,576,070▼58.8% | $18,383,180▼9.5% | $445,869,621▲8.6% | $446,656,490▲8.3% | 990 |
| 2021 | $30,503,585▼14.5% | $20,319,610▲43.3% | $410,692,211▼14.9% | $412,551,250▼14.6% | 990 |
| 2020 | $35,694,086▲99.6% | $14,182,926▼9.5% | $482,740,705▲27.4% | $483,355,098▲27.2% | 990 |
| 2019 | $17,885,122▲6.6% | $15,679,717▼7.0% | $378,828,386▲0.9% | $379,963,408▲0.9% | 990 |
| 2018 | $16,773,409▼24.1% | $16,858,011▲12.6% | $375,505,095▲2.8% | $376,536,148▲2.9% | 990 |
| 2017 | $22,105,892▲61.4% | $14,972,825▼20.2% | $365,365,374▲6.6% | $366,047,509▲6.5% | 990 |
| 2016 | $13,696,379▼22.6% | $18,769,742▲6.7% | $342,890,735▲7.8% | $343,758,618▲7.7% | 990 |
| 2015 | $17,701,330▼76.2% | $17,589,259▼4.1% | $318,032,259▼3.4% | $319,287,332▼3.2% | 990 |
| 2014 | $74,513,978▲151% | $18,338,743▼45.7% | $329,218,334▲0.2% | $329,734,666▲0.2% | 990 |
| 2013 | $29,663,900 | $33,743,538▼3.0% | $328,591,133▲6.1% | $328,988,583▲6.1% | 990 |
| 2012 | — | $34,777,550▼1.7% | $309,669,819▲2.2% | $310,157,001▲2.2% | 990 |
| 2011 | — | $35,367,306▲9.2% | $303,123,789▼8.9% | $303,618,611▼8.8% | 990 |
| 2010 | — | $32,392,000▲214% | $332,743,000▲8.0% | $332,937,000▲7.9% | 990 |
| 2009 | — | $10,305,000 | $308,039,000 | $308,509,000 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Aarti Bijlani | Trustee | 1 | — |
| Alfred W Putnam Jr | Chairman & Trustee | 1 | — |
| Anne Lauer | Secretary | 1 | — |
| Arlin Green | Trustee | 1 | — |
| Audrey Kese | Ex-officio Trustee | 1 | — |
| Carol Cutler | Trustee | 1 | — |
| Clare Putnam Pozos | Trustee | 1 | — |
| Elizabeth Wilkins | Trustee | 1 | — |
| Farah Mahmud | Treasurer (start May 2024) | 1 | — |
| Francis Sutter | Trustee | 1 | — |
| Frank C Mcgeehin III Md | Trustee | 1 | — |
| James Franklin Jarman | Trustee | 1 | — |
| Jennifer Nansteel Md | Trustee | 1 | — |
| John J Lynch III | Ex-officio Trustee | 1 | — |
| Justin Danilewitz | Trustee | 1 | — |
| Kathleen Galbraith | Pres/ex-off Ttee | 1 | — |
| Kathryn Beddis | Executive Director | 1 | — |
| Leila Gordon | Trustee | 1 | — |
| Martini Shaw | Trustee | 1 | — |
| Megan Houder | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| None | — | — |
Grants received · $1.9M total
53 grants to Lankenau Medical Center Foundation totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Philadelphia Foundation | Patient assistance | 2024 | $33,759 |
| Donor Advised Charitable Giving | Health | 2023 | $100,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $52,000 |
| National Philanthropic Tr | Education | 2023 | $45,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $44,050 |
| Philadelphia Foundation | Child guidance clinic; general operating support | 2023 | $33,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $63,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $43,700 |
| National Philanthropic Tr | Health | 2022 | $40,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical | 2022 | $37,500 |
| Philadelphia Foundation | Patient assistance | 2022 | $33,019 |
| Donor Advised Charitable Giving | Health | 2022 | $27,050 |
| Rsf Social Finance Inc | For the lankenau medical center foundation to divide $5,000 for the lankenau medical center foundation and $5,000 for the community health and equity program | 2022 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $90,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $59,625 |
Grants made · $18.0M in FY2023
2 grants totaling $18.0M in FY2023. All grants made by Lankenau Medical Center Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Main Line Hospitals Inc | Support hospital | $15,273,051 |
| Lankenau Institute For Medical Research | Support research | $2,713,784 |
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Frequently asked questions
- Is Lankenau Medical Center Foundation a legitimate nonprofit?
- Yes. Lankenau Medical Center Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2176723, based in Wynnewood, Pennsylvania. Donations are tax-deductible.
- What is Lankenau Medical Center Foundation's EIN?
- Lankenau Medical Center Foundation's Employer Identification Number (EIN) is 23-2176723.
- How much revenue does Lankenau Medical Center Foundation report?
- Lankenau Medical Center Foundation reported $27,337,553 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Lankenau Medical Center Foundation's spending goes to programs?
- Lankenau Medical Center Foundation spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lankenau Medical Center Foundation have?
- CharityIndex grades Lankenau Medical Center Foundation A, based on program efficiency and fundraising cost.
- How much does Lankenau Medical Center Foundation's highest-paid employee make?
- The highest reported compensation on Lankenau Medical Center Foundation's latest Form 990 is $0, paid to Aarti Bijlani (Trustee).
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Data for Lankenau Medical Center Foundation (EIN 23-2176723) 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.