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Posts tagged ‘St Jude’

8
Feb

Executive Salaries at St. Jude’s (2017)

When some people think of St. Jude’s, they associate the organization with the children’s research hospital but St Jude’s is actually two organizations:  the children’s hospital (St. Jude Children’s Research Hospital) which provides research and medical care, and the fundraising organization (ALSAC which stands for American Lebanese Syrian Associated Charities). Although most non-profits do not separate fundraising from services, St. Jude’s does so both organizations need to be analyzed when looking at “St. Jude’s.Read more »

5
Apr

Top Ten Financial Tips to Know About St. Jude’s

St. Jude’s is one of the most popular non-profit organizations in the country because the charity’s mission appeals to donors:  they treat and help children with cancer and other life threatening illnesses. But, before making donations, donors should understand that St. Jude’s is actually two organizations:

  • St. Jude Children’s Research Hospital, Inc. (Hospital)
  • ALSAC – St. Jude Children’s Research Hospital, Inc. (ALSAC)

ALSAC stands for the American Lebanese Syrian Associated Charities and “exists for the sole purpose of raising funds and building awareness to support the current and future needs of St. Jude Children’s Research Hospital, Inc” while the Hospital treats and helps the children along with their families. The Hospital has a beneficial interest in the assets of ALSAC but the organizations are separate non-profit 501 (c)(3) entities with specific functions: ALSAC raises funds while the Hospital provides the treatment.

Over the past 6 years, ALSAC reported the following information (in millions) on the IRS Forms 990 (2011-2016): Read more »