Martin Memorial Foundation, Inc.

AKA MMF

Stuart, FL

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Also Known As:: MMF
Physical Address:: Stuart, FL 34995 9010
EIN:: 59-2343938
Web URL:: GIVEmmhs.org
Leadership:: Mr. Mark E. Robitaille

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GuideStar Exchange	Committed to transparency
Registered with IRS	Legitimacy information is available
Financial Data	Annual Revenue and Expense data reported
Forms 990	2011, 2010, and 2009 Forms 990 filed with the IRS
Mission Objectives	Mission Statement is available
Impact Summary	Impact Summary from the nonprofit is available

Legitimacy Information

This organization is registered with the IRS.
This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Oct 01, 2010
Fiscal Year Ending: Sep 30, 2011

Revenue
Total Revenue	$6,932,448

Expenses
Total Expenses	$5,280,401

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Financial data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Key Financial SCAN Features

Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

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Summary
Financials
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Basic Organization Information

Martin Memorial Foundation, Inc.

Also Known As:: MMF
Physical Address:: Stuart, FL 34995 9010
EIN:: 59-2343938
Web URL:: GIVEmmhs.org
NTEE Category:: E Health—General & Rehabilitative; E12 Fund Raising and/or Fund Distribution; E Health—General & Rehabilitative; E11 Single Organization Support; T Philanthropy, Voluntarism, and Grantmaking
Year Founded:: 1983
Ruling Year:: 1989
How This Organization Is Funded:: Individuals

Mission Statement

<div><strong>Martin Memorial Health System (MMHS):</strong></div> <div><strong>Mission:</strong> To provide exceptional health care, hope and compassion to every patient, every time. </div> <div><strong>Vision:</strong> To be recognized as an exceptional healthcare system by our patients, physicians, associates and community.</div> <div><strong>Values:</strong> CARE-Collaboration, Accountability, Respect and Excellence</div> <div> </div> <div><strong>Martin Memorial Foundation:</strong></div> <div><strong>Mission:</strong> To raise funds from individuals, corporations, foundations and others, allowing MMHS to provide exceptional health care, hope and compassion to every patient, every time. </div> <div><strong>Vision:</strong> To provide the necessary philanthropic dollars to to enable MMHS to accomplish its vision of being recognized as an exceptional health care system.</div> <div> </div> <div> </div> <div> </div>

Expert Assessment

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Impact Summary from the Nonprofit

<div> The Martin Memorial Foundation was created in 1983 and has raised over  $107 million since its inception. In 2010 the Foundation raised $10.7 million.<br /><br />Thoughtful philanthropy has fully funded the Weissman Cancer Center, the Langford Heart Center and the Smythe Wound Care Center and Children’s Center.  Philanthropy has fully funded two catheterization labs, a 64 slice CT Scanner, a PET Scanner among many other pieces of equipment and provided substantial scholarship support for nursing education and funded numerous endowments. </div>

Personal Reviews

Key Financial SCAN Features

Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

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FAQs on Financial Data | Digitizing IRS Form 990 Data

Financial Data

Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Key Financial SCAN Features

Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

View Sample Report

More Information

Forms 990 Received from the IRS IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Forms 990 Provided by the Nonprofit

Financial Statements

Financial Statements for 2009 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Annual Reports

Formation Documents A Letter of Determination is a letter from the IRS to a nonprofit organization stating that the organization has successfully applied for tax-exempt status. In this document the IRS indicates under which section of the Internal Revenue Code an organization is qualified.

Letter of Determination is not available for this organization.

Leadership

Mr. Mark E. Robitaille

Term:

Since Oct 2008

Leadership Statement:

<div>The Foundation encourages individuals, corporations and foundations to consider investing in the improvement of the community's health by matching their charitable interests with community healthcare needs. To accomplish our mission we focus on donors' needs and interests, we integrate philanthropy options with estate planning objectives and we offer exciting and visionary opportunities for philanthropic investments. The Foundation's experienced, knowledgeable and professional staff work with donors, their families and their financial advisors to help them determine how best to realize their philanthropic visions. We encourage outright gifts of cash, stock, homes, real estate, insurance or tangible personal property. We also can help provide guidance about gifts that can provide annual income to the donor. These gifts help our community have access to cutting edge technologies and equipment, skilled nurses and physicians, and excellent programs like open-heart surgery and cancer care, orthopaedics and spine and neurosurgery. Our Legacy program offers donors the opportunity to make a future gift while still maintaining control of assets during their lifetimes. As an expression of gratitude the Foundation has special recognition programs for gifts of $1,000 (Benefactor), $10,000 (Barstow Reed Society) and $1 million. </div>

Board Chair

Board of Directors

Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Medical & health services

Budget:: $1,600,000
Category:
Population Served:: General Public/Unspecified

Program Description:

A not-for-profit, 336 bed regional health system, Martin Memorial (the largest employer in Martin County) provides a broad range of medical and health services with distinctive programs in cancer, heart, orthopaedics, neurosurgery and maternal-child health. Martin Memorial has has two hospitals and three MediCenters, numerous rehabilitation and fitness centers, cancer care, doctors and many other services that help to maintain the good health of residents of Hobe Sound, Jupiter, Stuart, Jensen Beach, Port St. Lucie and Fort Pierce, Florida. The health system budget is $360 million, with 3,000 employees and 400 physicians. Each year Martin Memorial has almost 80,000 emergency center visits, 18,000 inpatients, almost 17,000 surgeries, over 270 open heart surgeries and 1,900 cardiac catheterizations and 2,200 births. In 2010 the hospital provided more than $35 million in community benefits. In addition to excellent cancer care, The Robert and Carol Weissman Cancer Center is affiliated with the Moffitt Cancer Center in Tampa (the only NCI designated center in Florida and one of only 37 in the US). The Frances Langford Heart Center is affiliated with the distinguished Ocala Heart Institute.

Program Long-Term Success:

Generated $10.7 million in philanthropy.

Program Short-Term Success:

<div>Realized a charitable gift annuity of $1 million.</div>

Program Success Monitored by:

<div>The Board of Directors measure the Foundation's success by benchmarks from the Advisory Board, Association of Healthcare Philanthropy and individual benchmarks from other similar hospital foundations. </div>

Program Success Examples:

<div>In 2010, the Foundation raised $10.7 million, a 30% increase from 2009. Inaddition there was an increase in donors of 30%. </div>

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Evidence of Impact

Expert Comments

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Organizational Strengths

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Areas for Improvement

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From the Nonprofit

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