Benedictine Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE BENEDICTINE FOUNDATION (FORMERLY BENEDICTINE HEALTH SYSTEM FOUNDATION) WAS ESTABLISHED TO COORDINATE, ENCOURAGE, MOTIVATE AND SUPPORT THE FUND DEVELOPMENT ACTIVITY EFFORT WITHIN BENEDICTINE HEALTH SYSTEM AND ITS SUPPORTED ORGANIZATIONS.
- Income
- $4.0 million
- Spending
- $4.1 million
- Spent on programs
- 58%
- Reserves
- 8.3 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 0
- Volunteers
- 250
- Highest pay
- $1.1 million, ceo of bhs
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100.
Reserves
28 of 35Spendable reserves would cover 8.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
0 of 15Income fell 36% on the year before.
Spending floor
8 of 1558% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100.
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.4 million spent. BENEDICTINE HEALTH SYSTEM (BENENDICTINE) IS A CATHOLIC, FAITH-BASED ORGANIZATION ENTRUSTED WITH ADVANCING THE LIFE-ENHANCING SENIOR CARE MINISTRY OF BENEDICTINE SISTERS OF DULUTH, MINNESOTA. WE WITNESS TO GOD'S LOVE BY CREATING INCLUSIVE COMMUNITIES, SUPPORTING THOSE WE SERVE TO LIVE WELL AND WITH PURPOSE, WITH SPECIAL CONCERN FOR THE UNDERSERVED.BENEDICTINE FOUNDATION WAS ESTABLISHED TO COORDINATE, ENCOURAGE, MOTIVATE AND SUPPORT THE FUND DEVELOPMENT EFFORTS WITHIN BENEDICTINE AND ITS SUPPORTED ORGANIZATIONS THROUGH ASSOCIATED FOUNDATIONS AND TO OVERSEE THE OPTIMAL INVESTMENT AND MANAGEMENT OF ASSOCIATED FOUNDATIONS' FUNDS.THE BENEDICTINE FOUNDATION CONSISTS OF 24 ASSOCIATED FOUNDATIONS, INCLUDING:VILLA ST. BENEDICT FOUNDATION, LISLE, ILBENEDICTINE FOUNDATION-ADA, MNBENEDICTINE FOUNDATION-CROOKSTON, MNBENEDICTINE FOUNDATION-DULUTH, MNBENEDICTINE FOUNDATION-MINNEAPOLIS, MNBENEDICTINE FOUNDATION-NEW BRIGHTON, MNBENEDICTINE FOUNDATION-OWATONNA, MNBENEDICTINE FOUNDATION-RED WING, MNBENEDICTINE FOUNDATION-ROCHESTER, MNBENEDICTINE FOUNDATION-SHAKOPEE, MNBENEDICTINE FOUNDATION-ST. PETER, MNBENEDICTINE FOUNDATION-WINONA, MNCERENITY FOUNDATION, MNCERENITY - HUMBOLDT FOUNDATION, MNCERENITY - MARIAN OF ST. PAUL FOUNDATION, MNCERENITY - WHITE BEAR LAKE FOUNDATION, MNBENEDICTINE FOUNDATION-ST. JOSEPH, MONAZARETH LIVING CENTER FOUNDATION, MOBENEDICTINE FOUNDATION-BISMARCK, NDBENEDICTINE FOUNDATION-DICKINSON, NDBENEDICTINE FOUNDATION-ELLENDALE, NDBENEDICTINE FOUNDATION-GARRISON, NDBENEDICTINE FOUNDATION-LAMOURE, NDBENEDICTINE FOUNDATION-WAHPETON, ND
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for local chapters covered by a parent organization's exemption. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.