CEDARS-SINAI MEDICAL CARE FOUNDATION Charity Report

Public IRS 990 nonprofit record

CEDARS-SINAI MEDICAL CARE FOUNDATION

EIN 95-4457756 · Health Care (E110)

What they do

THE FOUNDATION WAS FORMED to ENHANCE THE ABILITY of THE MEDICAL CENTER to EFFECTIVELY and EFFICIENTLY DELIVER HEALTH CARE SERVICES to THE RESIDENTS of LOS ANGELES COUNTY, CALIFORNIA. (SEE SCHEDULE O for CONTINUATION)IN PARTICULAR, THE MEDICAL CENTER BELIEVES THE FOUNDATION WILL FURTHER ITS CHARITABLE HEALTH CARE PURPOSES BY PROVIDING MEDICAL EDUCATION, RESEARCH and VARIOUS MEDICAL BENEFITS to THE COMMUNITY. PLEASE REFER to THE STATEMENT of PROGRAM ACCOMPLISHMENTS for A FULL DESCRIPTION of SERVICES PROVIDED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.01%of revenue went to mission work79.2% of expenses · Program services

$116.20spent for every $100 of revenueSpending was higher than revenue this year.

24.20%of revenue went to management and office costs20.8% of expenses

$0.49in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $156,144,453 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,217,550 for THOMAS M PRISELAC (CHAIR/BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$963,605,781

Mission workProgram services$886,600,30092.01% of revenue79.2% of expenses

ManagementOffice and general costs$233,149,93424.20% of revenue20.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,119,750,234116.20% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 116.20% of revenue

2023Expense mix: 79.1% mission · 20.9% management · 0.0% fundraisingTotal expenses: 114.08% of revenue

2022Expense mix: 97.5% mission · 2.5% management · 0.0% fundraisingTotal expenses: 116.48% of revenue

2021Expense mix: 97.5% mission · 2.5% management · 0.0% fundraisingTotal expenses: 115.03% of revenue

2020Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 117.26% of revenue

2019Expense mix: 97.1% mission · 2.9% management · 0.0% fundraisingTotal expenses: 125.46% of revenue

2018Expense mix: 97.1% mission · 2.9% management · 0.0% fundraisingTotal expenses: 122.78% of revenue

2017Expense mix: 97.8% mission · 2.2% management · 0.0% fundraisingTotal expenses: 121.39% of revenue

Money in and money out

Revenue$963,605,781

Expenses$1,119,750,234

Annual shortfall $156,144,453 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$886,600,300 · 79.2% of expenses

Management and office costs$233,149,934 · 20.8% of expenses

See all reported dollar amounts

Revenue$963,605,781

Expenses$1,119,750,234

Assets$552,457,058

Income$963,605,781

Contributions$192,965

Mission work (program services)$886,600,300

Management and general$233,149,934

Stocks and bonds$4,958,832

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS M PRISELACCHAIR/BOARD MEMBER · 1 hrs/week $1,217,550Base · Other $1,217,550

STEPHEN DEUTSCH MDSENIOR MEDICAL DIRECTOR-CS · 50 hrs/week $703,501Base $598,249 · Other $105,252

RICHARD B JACOBSSECRETARY · 5 hrs/week $380,709Base · Other $380,709

EDWARD M PRUNCHUNASFORMER OFFICER $367,380Base · Other $367,380

DAVID M WRIGLEYCHIEF FINANCIAL OFFICER/BOARD MEMBER · 1 hrs/week $353,689Base · Other $353,689

CYNTHIA LITT DECULUSVICE PRESIDENT · 50 hrs/week $299,974Base · Other $299,974

MARY CLARE LINGELVICE PRESIDENT · 50 hrs/week $159,059Base · Other $159,059

CAROLINE GOLDZWEIG MDCHIEF MEDICAL DIRECTOR · 50 hrs/week $124,517Base · Other $124,517

LISA MAQUEIRAFORMER HIGHEST COMPENSATED $99,339Base · Other $99,339

ALEN VOSKANIAN MDCHIEF OPERATING OFFICER · 50 hrs/week $98,241Base · Other $98,241

MURALI GANGADHARANSECRETARY · 5 hrs/week $85,657Base · Other $85,657

JILL MARTINPRESIDENT/BOARD MEMBER · 20 hrs/week $80,208Base · Other $80,208

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

THOMAS M PRISELACCHAIR/BOARD MEMBER

STEPHEN DEUTSCH MDSENIOR MEDICAL DIRECTOR-CS

RICHARD B JACOBSSECRETARY

EDWARD M PRUNCHUNASFORMER OFFICER

DAVID M WRIGLEYCHIEF FINANCIAL OFFICER/BOARD MEMBER

CYNTHIA LITT DECULUSVICE PRESIDENT

MARY CLARE LINGELVICE PRESIDENT

CAROLINE GOLDZWEIG MDCHIEF MEDICAL DIRECTOR

LISA MAQUEIRAFORMER HIGHEST COMPENSATED

ALEN VOSKANIAN MDCHIEF OPERATING OFFICER

MURALI GANGADHARANSECRETARY

JILL MARTINPRESIDENT/BOARD MEMBER

DEBORAH A BOTTENVICE PRESIDENT

JOSEPH KIMVICE PRESIDENT

PETER L SLAVIN MDCHAIR/BOARD MEMBER

JOHN BENDHEIMBOARD MEMBER

LAWRENCE B PLATTBOARD MEMBER

MARC H RAPAPORTBOARD MEMBER

JAMES M LIPPMANBOARD MEMBER

SAMUEL ROSS MDBOARD MEMBER

SUSAN RABIZADEH MDBOARD MEMBER

THOMAS J LEANSE ESQBOARD MEMBER

DAVID KAPLANBOARD MEMBER

WILLIAM KATKOV MDBOARD MEMBER

About this charity

Recognized since: January 1997
Location: 6500 WILSHIRE BLVD 19TH FLOOR, LOS ANGELES, CA 90048-4920
County: Los Angeles
In care of: % STELLA CHEN
Primary officer: JILL MARTIN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(310) 385-3200

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E110)
IRS tax category: HMO Medical Centers