Mary And John Elliot Charitable Foundation
- Assets
- $28.8m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, NH
- Founding
- 06/2001
- Data as of
- 06/2022
- EIN
- 02-0512229
Organization Overview
Mary And John Elliot Charitable Foundation is located in Manchester, NH. The organization was established in 2001. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary And John Elliot Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mary And John Elliot Charitable Foundation generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $3.8m during the year ending 06/2022. While expenses have increased by 8.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mary And John Elliot Charitable Foundation has awarded 105 individual grants totaling $27,927,879. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE IMMEDIATE AND ONGOING RESOURCE NEEDS OF THE ELLIOT HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF THE FUNDRAISING ACTIVITIES OF THE ELLIOT HOSPITAL OF THE CITY OF MANCHESTER AND ITS RELATED TAX EXEMPT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Baxter President & CEO | OfficerTrustee | 2 | $0 |
James J Tenn ESQ Chair | OfficerTrustee | 1 | $0 |
Paul Hoff PHD Vice Chair (end 3/2022) | OfficerTrustee | 1 | $0 |
David Bellman Vice Chair | OfficerTrustee | 1 | $0 |
Kurt W Strandson Secretary | OfficerTrustee | 1 | $0 |
Joseph Felkner Vp/cfo, Solutionhealth (end 6/22) | Officer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Elliot Hospital Of The City Of Mancheste Staff And Operations | 6/29/19 | $595,993 |
Ghiorsi And Sorrenti Fundraising Consultant | 6/29/19 | $163,033 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $237,687 |
| Related organizations | $203,602 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,365,140 |
| Noncash contributions included in lines 1a–1f | $7,359 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,806,429 |
| Total Program Service Revenue | $0 |
| Investment income | $219,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,604,447 |
| Net Income from Fundraising Events | -$26,962 |
| Net Income from Gaming Activities | $3,968 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,562,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,857,525 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $89,248 |
| Fees for services: Investment Management | $55,602 |
| Fees for services: Other | $601,980 |
| Advertising and promotion | $1,875 |
| Office expenses | $175,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,327 |
| Travel | $523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,917 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,843,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,599,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,433,338 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $998 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,674,891 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,776 |
| Total assets | $28,783,798 |
| Accounts payable and accrued expenses | $18,024 |
| Grants payable | $0 |
| Deferred revenue | $41,732 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $59,756 |
| Net assets without donor restrictions | $12,134,644 |
| Net assets with donor restrictions | $16,589,398 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,783,798 |
Grants Awarded
Over the last fiscal year, Mary And John Elliot Charitable Foundation has awarded $2,844,824 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Manchester, NH PURPOSE: Funds to support cancer services and general support | $2,239,376 |
Manchester, NH PURPOSE: General support | $339,895 |
Manchester, NH PURPOSE: Funding to increase efficiencies in serving the health care needs for unisured and underinsured patients aged 65 and older. | $50,000 |
Manchester, NH PURPOSE: Home visits to low income seniors to assess needs, coordinate benefits, develop care plans | $49,700 |
Manchester, NH PURPOSE: Funding for home health training programs | $35,000 |
Concord, NH PURPOSE: To provide services to adults and seniors with vision loss throughout the greater Manchester area. | $33,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mary And John Elliot Charitable Foundation has recieved totaling $32,852.
| Awarding Organization | Amount |
|---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For the cancer center and nursing scholarship | $32,852 |
Endowment Analysis
| Beg. Balance | $17,042,764 |
| Earnings | -$555,098 |
| Net Contributions | $101,732 |
| Ending Balance | $16,589,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Health Access Foundation Inc Augusta, ME | $148,903,939 | $15,412,623 |
Tufts Health Plan Foundation Inc Canton, MA | $128,427,090 | $19,685,263 |
Valley Health Systems Inc Holyoke, MA | $11,549,744 | $5,011,526 |
Health Foundation Of Central Massachusetts Inc Worcester, MA | $98,619,002 | $8,039,753 |
Tufts Medicine Care At Home Parent Lawrence, MA | $114,575,797 | $16,042,390 |
Mary And John Elliot Charitable Foundation Manchester, NH | $28,783,798 | $5,562,026 |
Capital Link Inc Boston, MA | $2,622,518 | $3,653,939 |
Izumi Foundation Boston, MA | $73,391,812 | $2,773,250 |
Visiting Nurse Association Of Manchester & Southern New Hampshir Manchester, NH | $4,322,029 | $2,338,415 |
Southwestern Vermont Health Care Foundation Inc Bennington, VT | $34,164,394 | $8,015,068 |
Miles For Migraine Jericho, VT | $2,141,293 | $1,761,144 |
Alliance Health Inc Southborough, MA | $31,245,886 | $2,507,913 |