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Lankenau Medical Center Foundation

Wynnewood, PA · EIN 23-2176723 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Lankenau Medical Center Foundation reported $27.9 million in revenue and $21.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.06 went to program services, $2.75 to management and general costs and $6.19 to fundraising. Its largest source of revenue was investment income: 78.3% of the total. The highest compensation it reported for one person was $3,302,622 (EX-OFFICIO TRUSTEE). Revenue rose 56% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $21M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $28M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
6.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.23$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
21.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,302,622$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
15.41%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
307.36.6
Independent voting board members
Part VI 1a–1b
22 of 2888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$20M expenses · 100.0% of program spending · grants $20M

Expenses consist of funds spent in accordance with donor intent; e.g. medical education, medical research, indigent care, capital purchases, and support for other hospital programs

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EX-OFFICIO TRUSTEE
Director/trustee, 1.0 hrs/week
$0$2,611,084$691,538$3,302,622
PRES/EX-OFF TTEE
Director/trustee, officer, 1.0 hrs/week
$0$902,513$143,159$1,045,672
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$983,792$47,236$1,031,028
EX-OFFICIO TRUSTEE
Director/trustee, 1.0 hrs/week
$0$535,053$39,402$574,455
TREASURER
Officer, 1.0 hrs/week
$0$233,750$22,448$256,198
EXECUTIVE DIRECTOR
Officer, 1.0 hrs/week
$0$219,701$26,705$246,406
FORMER TREASURER
Former, 0.0 hrs/week
$0$170,703$8,535$179,238
EX-OFFICIO TRUSTEE
Director/trustee, 1.0 hrs/week
$0$109,258$29,007$138,265

0 people received more than $100,000 in reportable compensation from Lankenau Medical Center Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$28M$21M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$28M$21M91.1%$549M$3,302,622
FY2024 ⓘ$27M$20M90.7%$497M$3,006,096
FY2023 ⓘ$13M$18M90.7%$446M$2,602,428
FY2022 (amended) ⓘ$31M$20M92.4%$411M$4,383,034
FY2021 ⓘ$36M$14M91.4%$483M$2,440,612
FY2020 ⓘ$18M$16M92.7%$379M$2,349,123

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b28 · 22 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6112

Private foundation grants it received

22 private foundations reported grants to Lankenau Medical Center Foundation totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Lankenau Medical Center Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lankenau Medical Center Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Lankenau Medical Center Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Lankenau Medical Center Foundation reported that 91.1% of its $21.4 million in expenses went to program services, 2.7% to management and general and 6.2% to fundraising (Form 990, Part IX).

How much does Lankenau Medical Center Foundation pay its top executive?

The largest total compensation Lankenau Medical Center Foundation reported for one person in the fiscal year ending June 30, 2025 was $3,302,622, for the role of EX-OFFICIO TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Lankenau Medical Center Foundation get its money?

Of $27.9 million in revenue in the fiscal year ending June 30, 2025, 21.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Lankenau Medical Center Foundation a registered charity?

The IRS lists EIN 23-2176723 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621339349306912 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349309711 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349310730 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202342909349300534 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349306674 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349304792 · read the filing

All filings for EIN 23-2176723: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.