Bon Secours Mercy Health Foundation

Organization Overview

Bon Secours Mercy Health Foundation is located in Cincinnati, OH. The organization was established in 2014. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Bon Secours Mercy Health Foundation employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bon Secours Mercy Health 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, Bon Secours Mercy Health Foundation generated $66.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $73.1m during the year ending 12/2021. While expenses have increased by 14.4% 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 2014, Bon Secours Mercy Health Foundation has awarded 717 individual grants totaling $228,610,050. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE OPERATIONS OF BON SECOURS MERCY HEALTH BY ENCOURAGING CHARITABLE GIVING AND EFFECTIVELY MANAGING GIFT RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BON SECOURS MERCY HEALTH FOUNDATION AWARDED $58,663,180 IN GRANTS DURING 2021 TO PROGRAMS THAT ADDRESS THE HEALTHCARE NEEDS OF PERSONS WHO ARE POOR AND UNDERSERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Secretary, Staff Counsel/government Relations
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$109,954
Related organizations$10,000,000
Government grants $3,793,578
All other contributions, gifts, grants, and similar amounts not included above$32,485,076
Noncash contributions included in lines 1a–1f $787,785
Total Revenue from Contributions, Gifts, Grants & Similar$46,388,608
Total Program Service Revenue$0
Investment income $3,614,432
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $77,713
Net Gain/Loss on Asset Sales $16,784,905
Net Income from Fundraising Events $23,228
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,888,886

Grants Awarded

Over the last fiscal year, Bon Secours Mercy Health Foundation has awarded $29,439,472 in support to 84 organizations.

Grant RecipientAmount

BON SECOURS MERCY HEALTH INC

Org PageRecipient Profile

Cincinnati, OH

PURPOSE: Capital and program support

$16,935,739

BON SECOURS - RICHMOND HEALTH SYSTEM INC

Org PageRecipient Profile

Richmond, VA

PURPOSE: Capital and program support

$4,947,757

ST FRANCIS HOSPITAL INC

Org PageRecipient Profile

Greenville, SC

PURPOSE: Capital and program support

$1,262,590

COMMUNITY MERCY HEALTH PARTNERS

Org PageRecipient Profile

Springfield, OH

PURPOSE: Capital and program support

$1,004,707

CATHOLIC MEDICAL MISSION

Org PageRecipient Profile

New York, NY

PURPOSE: Program Support

$901,989

ST FRANCIS PHYSICIANS SERVICES

Org PageRecipient Profile

Greenville, SC

PURPOSE: Program Support

$338,850
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bon Secours Mercy Health Foundation has recieved totaling $20,000.

Awarding OrganizationAmount
Charles Timmons Foundation

Wilmington, DE

PURPOSE: NEUROSCIENCE INSTITUTE

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,175,725
Earnings$3,127,665
Net Contributions$3,725,362
Other Expense$1,985
Ending Balance$88,026,767

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