PORTLAND, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LEGACY HEALTH FOUNDATION, founded in 2013, is a mid-sized nonprofit in the Health Care sector that reported $14.6M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 36% operating margin.
Legacy Health Foundation (LHF) was incorporated on August 21, 2013. The mission of the foundation is to foster charitable giving as well as community commitment and involvement to support the founding principles, mission and vision of Legacy Health and promote the health and well-being of the community. Legacy Health is the sole corporate member of LHF.
At Legacy Health, we know that our legacy is something we create together every day. This is reflected in our mission of good health for our people, our patients, our communities and our world. We...
At Legacy Health, we know that our legacy is something we create together every day. This is reflected in our mission of good health for our people, our patients, our communities and our world. We see it as our fundamental responsibility to improve the health and wellness of everyone we touch, empowering people to live healthier and better lives, and helping them create a legacy that truly lives on. Ours is a legacy of health and community, quality and innovation, respect and responsibility.Legacy Health was created in 1989 through the merger of HealthLink, a local four-hospital system, and Good Samaritan Hospital and Medical Center. Over the years Legacy has grown into the largest nonprofit, community-owned health system in the Portland/Vancouver area. Today, Legacy Health consists of an integrated network of six full-service hospitals and more than 50 clinics. The Legacy network provides acute and critical care, inpatient and outpatient treatment, urgent and primary care, and a variety of specialty services. At the heart of Legacys mission is our commitment to provide exceptional healthcare for all those in need. Legacy provides almost one-third of the charity care in the Portland area; more charity care relative to size than any of the leading health care organizations in the metropolitan area. The Legacy Health Foundation fosters charitable giving as well as community commitment and involvement to support the founding principles, mission and vision of Legacy Health and promote the health and well-being of the community. Charitable gifts to Legacy Health Foundation support the programs and services of Legacy Health, many of which are not supported by traditional means of reimbursement. The Foundation also raises and stewards funds for Legacy Emanuel Medical Center, Legacy Meridian Park Medical Center, Legacy Mount Hood Medical Center, and the Unity Center for Behavioral Health. Philanthropic contributions supported programs in these major areas:Patient Care $7,521,541 Education and Training $ 415,756Research $ 150,342 Community Health & Other Programs $1,289,179 Some of the projects funded in this year included: Supported the expansion of services at the Unity Center for Behavioral Health, including the addition of sobering services. Provided medication assistance, durable medical equipment, and other health-related supplies to patients with limited insurance and financial resources. Provided food support to patients and families experiencing food insecurity. Supported complementary therapies for cancer patients, including nutrition education, exercise, art therapy and yoga classes. Supported injury prevention programs for the community, including child passenger safety, traffic safety, bike/sports helmets, elderly fall prevention, and burn injury prevention. Supported continuing education training and scholarships for Legacy Health employees. Purchased medical equipment for Legacy Emanuel Medical Center, Legacy Meridian Park Medical Center, and Legacy Mount Hood Medical Center. Supported construction of the new interfaith chapel at Legacy Emanuel Medical Center.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $14,627,165 | $11,391,637 | +0.3% |
| Expenses | $9,308,705 | $4,823,688 | +0.9% |
| Net Income | $5,318,460 | $6,567,949 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GEORGE J BROWN MD | EX-OFFICIO | 1.00 |
Director
|
$0 | $3,556 | $1,654,718 |
| ANNA L LOOMIS | EX-OFFICIO | 1.00 |
Director
|
$0 | $28,749 | $811,405 |
| KECIA M KELLY | EX-OFFICIO | 4.00 |
Officer
Director
|
$0 | $77,037 | $735,418 |
| MAUREEN A BRADLEY | EX-OFFICIO | 4.00 |
Officer
Director
|
$0 | $75,167 | $692,718 |
| LEWIS L LOW MD | Secretary | 0.50 |
Officer
Director
|
$0 | $23,694 | $108,209 |
| DAVID MERTENS | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| GABRIEL L GODDARD | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| JILL A NELSON | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GISEL E HILLNER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL E LEWELLEN | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANK B PIACENTINI | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TARI L KINATEDER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $14,627,165 | $9,308,705 | $56,083,827 | $5,318,460 |
| 2024 | $11,391,637 | $4,823,688 | $50,737,876 | $6,567,949 |
| 2023 | $8,493,444 | $2,917,260 | $44,153,323 | $5,576,184 |
| 2022 | $3,519,078 | $2,731,249 | $38,597,809 | $787,829 |
| 2021 | $8,974,187 | $3,376,405 | $37,846,060 | $5,597,782 |
| 2020 | $797,550 | $1,520,334 | $17,014,150 | $-722,784 |
| 2019 | $1,444,032 | $3,731,221 | $2,248,531 | $-2,287,189 |
| 2018 | $4,754,948 | $8,123,671 | $4,534,720 | $-3,368,723 |
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