Morningcrest Healthcare Foundation is located in Tulsa, OK. The organization was established in 2007. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Morningcrest Healthcare Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morningcrest Healthcare 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 12/2021, Morningcrest Healthcare Foundation generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $6.9m during the year ending 12/2021. While expenses have increased by 9.8% 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, Morningcrest Healthcare Foundation has awarded 158 individual grants totaling $31,089,475. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CONTINUOUS IMPROVEMENT OF THE HEALTH STATUS OF RESIDENTS WITH PRIMARY FOCUS ON INDIGENT HEALTHCARE AND WOMEN'S AND CHILDREN'S HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF A $30,000,000 60 BED PSYCHIATRIC HOSPITAL BEING BUILT AS A COMPONENT OF DOWNTOWN TULSA OSU-HEALTH SCIENCES CAMPUS EXPANSION PROJECT.
COMMUNITY FOOD BANK OF EASTERN OKLAHOMA IS EXPANDING THEIR DISTRIBUTION CENTER BY 50,000 SQUARE FEET. THIS $20,000,000 PROJECT WILL NEARLY DOUBLE THE VOLUME OF FOOD CURRENTLY DISTRIBUTED. IT IS ANTICIPATED THAT ONCE COMPLETED THE EXPANSION WILL ALLOW THE FOOD BANK TO DISTRIBUTE 40 MILLION MEALS TO PEOPLE STRUGGLING WITH FOOD INSECURITY.
COMMUNITY HEALTH CONNECTION IS A FEDERALLY QUALIFIED HEALTH CLINIC. THIS GRANT FUNDS A DENTIST, DENTAL HYGIENIST, AND INTRAORAL CAMERA. THIS PROJECT IS TO INCREASE ACCESS AND REDUCE THE AMOUNT OF TIME A PATIENT MUST WAIT TO SEE A DENTIST. THE CURRENT WAIT TIME FOR DENTAL SERVICES CAN BE IN EXCESS OF 6 MONTHS.
A $303,275 GRANT WAS MADE TO TULSA COMMUNITY FOUNDATION TO SUPPORT ACCESS TO FRESH FOODS IN UNDERSERVED AREAS. A $250,000 GRANT WAS MADE TO MENTAL HEALTH ASSOCIATION OF OK FOR A MOBILE MEDICAL INTERVENTION TEAM. A $180,000 GRANT WAS MADE TO THE UNIVERSITY OF TULSA TO SUPPORT THEIR ALBERT SCHWEITZER FELLOWSHIP PROGRAM FOR THREE YEARS. A $175,000 GRANT WAS MADE TO THE SPRING SHELTER TO FUND THERAPY CARE AND BUILDING IMPROVEMENTS. A $150,000 GRANT WAS MADE TO OKLAHOMA PROJECT WOMAN FOR BREAST HEALTHCARE. A $150,000 GRANT WAS MADE TO SPROUTS CHILD DEVELOPMENT TO FUND A PEDIATRIC NURSE PRACTITIONER. A $125,000 GRANT WAS MADE TO AMPLIFY FOR TRAINING PROFESSIONALS IN AGE-APPROPRIATE SEXUAL HEALTH EDUCATION. A $121,392 GRANT WAS MADE TO PARKSIDE FOR FURNITURE FOR THE YOUTH SPECIALTY TREATMENT PROGRAM. A $120,000 GRANT WAS MADE TO PLANNED PARENTHOOD OF ARK & EASTERN OK FOR THEIR MEDICAL RECORDS TRANSITION. A $100,000 GRANT WAS MADE TO LITTLE LIGHT HOUSE FOR THEIR DEVELOPMENTAL CLASSROOM PROGRAMS. A $75,000 GRANT WAS MADE TO HIV RESOURCE CONSORTIUM FOR THEIR HEPATITIS C PROGRAM. A $71,000 GRANT WAS MADE TO TULSA DAY CENTER FOR THE HOMELESS FOR A VAN TO TRANSPORT CLIENTS TO MEDICAL APPOINTMENTS. A $60,000 GRANT WAS MADE TO 1ST STEP MALE DIVERSION PROGRAM TO THEIR DRUG TREATMENT AND COUNSELING PROGRAM. A $53,000 GRANT WAS MADE TO GOOD SAMARITAN HEALTH SERVICES FOR THEIR WOMEN'S HEALTH CLINIC. A $50,000 GRANT WAS MADE TO CROSSOVER COMMUNITY IMPACT FOR THEIR FOOD AS MEDICINE PROGRAM. A $45,000 GRANT WAS MADE TO HEALTH OUTREACH PREVENTION EDUCATION FOR A VAN. A $25,000 GRANT WAS MADE TO MODUS TO SUPPORT THEIR TRANSPORTATION SERVICES. A $25,000 GRANT WAS MADE TO 12 & 12 FOR SAFETY RELATED COVID EXPENSES. A $25,000 GRANT WAS MADE TO HOSPICE OF GREEN COUNTRY FOR HOSPICE CARE FOR UNDERSERVED INDIVIDUALS. A $20,000 GRANT WAS MADE TO MEALS ON WHEELS METRO TULSA FOR THEIR SENIOR HOME MEAL DELIVERY PROGRAM. A $111,641 REFUND WAS RECEIVED FROM MEDICAL DEBT RESOLUTION FOR A PREVIOUSLY FUND GRANT FOR MEDICAL DEBT RELEASE. THIS REFUND REPRESENTS THE UNUSED PORTION OF A PRIOR YEAR'S GRANT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory C Foland Executive Director | Officer | 40 | $167,597 |
Elizabeth K Hall Vice President | OfficerTrustee | 0.4 | $0 |
Marc S Milsten MD President | OfficerTrustee | 1 | $0 |
Sarah-Anne Schumann MD Secretary | OfficerTrustee | 0.4 | $0 |
Susannah H Adelson Director | Trustee | 0.4 | $0 |
Sharon J Bell Director | Trustee | 0.4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,131,177 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $669,449 |
Noncash contributions included in lines 1a–1f | $657,391 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,800,626 |
Total Program Service Revenue | $0 |
Investment income | $2,257,145 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $214,597 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,825,257 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,098,812 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,183,667 |
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. | $207,519 |
Compensation of current officers, directors, key employees. | $155,639 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $53,641 |
Pension plan accruals and contributions | $9,299 |
Other employee benefits | $8,598 |
Payroll taxes | $14,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,558 |
Fees for services: Accounting | $31,845 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $65,364 |
Fees for services: Other | $5,175 |
Advertising and promotion | $0 |
Office expenses | $4,054 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,941 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $118,675 |
Depreciation, depletion, and amortization | $103,630 |
Insurance | $23,616 |
All other expenses | $37,452 |
Total functional expenses | $6,892,973 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,105,888 |
Savings and temporary cash investments | $204,434 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $584,220 |
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 | $23,771 |
Net Land, buildings, and equipment | $2,109,709 |
Investments—publicly traded securities | $107,446,612 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,200,663 |
Total assets | $118,675,297 |
Accounts payable and accrued expenses | $824,819 |
Grants payable | $4,953,000 |
Deferred revenue | $0 |
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 | $5,777,819 |
Net assets without donor restrictions | $112,399,583 |
Net assets with donor restrictions | $497,895 |
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 | $118,675,297 |
Over the last fiscal year, Morningcrest Healthcare Foundation has awarded $6,183,667 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
Stillwater, OK PURPOSE: PSYCHIATRIC HOSPITAL | $3,000,000 |
Tulsa, OK PURPOSE: DISTRIBUTION CENTER EXPANSION | $700,000 |
Tulsa, OK PURPOSE: FUNDING FOR DENTIST, HYGIENIST & CAMERA | $310,000 |
Tulsa, OK PURPOSE: DEVELOPMENT AND CONSTRUCTION OF A MICRO GROCERY STORE IN LOW INCOME AREAS WITHOUT ACCESS TO FRESH FOODS. | $303,275 |
Tulsa, OK PURPOSE: FUNDING FOR A MOBIL MEDICAL INTERVENTION TEAM. | $250,000 |
Tulsa, OK PURPOSE: SUPPORT FOR THE ALBERT SCHWEITZER FELLOWSHIP PROGRAM | $180,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dallas Methodist Hospitals Foundation Inc Dallas, TX | $153,905,809 | $19,053,620 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Paso Del Norte Health Foundation El Paso, TX | $268,661,526 | $12,325,026 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $7,386,009 | $15,322,087 |
Cardinal Glennon Childrens Foundation St Louis, MO | $175,256,703 | $38,879,675 |
The Weld Trust Greeley, CO | $536,288,885 | $29,341,984 |
Shannon Business Services Inc San Angelo, TX | $6,491,391 | $14,101,592 |
Covenant Health System Foundation Lubbock, TX | $55,699,431 | $11,499,437 |