Mercy Foundation
- Assets
- $57.8m
- Revenue
- $15.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Cordova, CA
- Founding
- 08/2014
- Data as of
- 06/2022
- EIN
- 23-7072762
Organization Overview
Mercy Foundation is located in Rancho Cordova, CA. The organization was established in 2014. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Mercy 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, Mercy Foundation generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $9.6m during the year ending 06/2022. While expenses have increased by 1.2% 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, Mercy Foundation has awarded 18 individual grants totaling $57,930,456. 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
RAISING PHILANTHROPIC SUPPORT FOR THE MINISTRIES OF THE SISTERS OF MERCY AND DIGNITY HEALTH SACRAMENTO SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANY MINISTRIES, ONE MISSION MERCY FOUNDATION RAISES FUNDS ON BEHALF OF THE FOLLOWING MINISTRIES SUPPORTED BY THE SISTERS OF MERCY WITHIN THE SACRAMENTO REGION, WITH ONE MISSION: TO ENHANCE THE LIVES OF PEOPLE IN THE COMMUNITY. HEALTH CARE (PARTIAL LIST)* DIGNITY HEALTH CANCER INSTITUTE OF GREATER SACRAMENTO* DIGNITY HEALTH HEART AND VASCULAR INSTITUTE OF GREATER SACRAMENTO* DIGNITY HEALTH NEUROLOGICAL INSTITUTE OF NORTHERN CALIFORNIA* MERCY GENERAL HOSPITAL* MERCY HOSPITAL OF FOLSOM* MERCY SAN JUAN MEDICAL CENTER* METHODIST HOSPITAL OF SACRAMENTO* MERCY MEDICAL GROUP* MERCY HOSPICE* MS ACHIEVEMENT CENTER EDUCATIONEDUCATION* CRISTO REY HIGH SCHOOL SACRAMENTO HOUSINGHOUSING* MERCY HOUSING CALIFORNIA OTHER MINISTRIES OTHER MINSTRIES* BRUCEVILLE TERRACE * CARE FOR THE POOR AND ELDERLY* MERCY CENTER AUBURN* MERCY MCMAHON TERRACE* MERCY PEDALERS* SACRAMENTO LOAVES & FISHESMERCY FOUNDATION RECEIVES AN OPERATING GRANT FROM DIGNITY HEALTH ENABLING ONE HUNDRED PERCENT OF A DONOR'S CONTRIBUTION TO GO DIRECTLY TO THE PROGRAM/MINISTRY OF THEIR CHOICE.FOR MORE INFORMATION ON HOW YOU CAN PARTNER WITH MERCY FOUNDATION TO FURTHER THE MISSION OF THE SISTERS OF MERCY AND HAVE A POSITIVE IMPACT ON THOSE IN NEED IN OUR COMMUNITY, VISIT OUR WEBSITE AT WWW.SUPPORTMECYFOUNDATION.ORG OR CALL 916-851-2700.THE LUCCHETTI ANDERSON HEART AND VASCULAR INSTITUTE AT MERCY GENERAL HOSPITALMERCY FOUNDATION ANNOUNCED EXCITING PLANS TO CREATE THE LUCCHETTI ANDERSON HEART AND VASCULAR INSTITUTE, A NEW, WORLD-CLASS, PATIENT-CENTERED CARDIOVASCULAR INSTITUTE AT MERCY GENERAL HOSPITAL. THIS PROJECT IS MADE POSSIBLE IN LARGE PART FROM A GENEROUS LEAD GIFT OF $3 MILLION FROM THE LUCCHETTI AND ANDERSON FAMILIES. THEIR GIFT WILL HELP PROVIDE CARDIOVASCULAR PATIENTS IN OUR REGION WITH A NEW AND ROBUST PATIENT-CENTERED HEALTH CARE EXPERIENCE AND HELP IMPROVE PATIENT ACCESS TO CLINICAL CARE PROVIDERS AND HOSPITAL SERVICES.CRISTO REY HIGH SCHOOL SACRAMENTO AND THE SECURING THE DREAM CAMPAIGNIN 2022, MERCY FOUNDATION SUCCESSFULLY COMPLETED THE SECURING THE DREAM CAMPAIGN, RAISING OVER $8 MILLION IN GIFTS AND IN-KIND DONATIONS FOR CRISTO REY HIGH SCHOOL SACRAMENTO, WHICH OFFERS A COLLEGE PREP EDUCATION FOR STUDENTS FROM FAMILIES WITH LIMITED FINANCIAL RESOURCES. THE SUCCESS OF THE SECURING THE DREAM CAMPAIGN ENSURES THE SCHOOL WILL CONTINUE TO DELIVER ON ITS MISSION TO SUPPORT DESERVING STUDENTS IN OUR COMMUNITY AND REMAIN A BEACON OF HOPE FOR LOCAL UNDERSERVED STUDENTS FOR GENERATIONS TO COME.MS ACHIEVEMENT CENTERTHANKS TO OUR GENEROUS DONORS, MERCY FOUNDATION HAS PROVIDED CONTINUED FUNDING TO THE MERCY MS CENTER AND THE MULTIPLE SCLEROSIS ACHIEVEMENT CENTER. THIS UNIQUE CENTER FOCUSES ON SUPPORT SERVICES FOR PARTICIPANTS LIVING WITH MS--INCLUDING PROGRAMS DESIGNED FOR PARTICIPANTS AND THEIR FAMILY MEMBERSAND MAKES A TANGIBLE DIFFERENCE IN THE LIVES OF SOME OF THE MOST VULNERABLE MEMBERS OF THE SACRAMENTO COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Johnson Chair | OfficerTrustee | 1 | $0 |
Alan Shatzel DO Immediate Past Chair | OfficerTrustee | 1 | $0 |
Sr Eileen Enright Rsm Vice Chair | OfficerTrustee | 1 | $0 |
Brenda Davis Secretary | OfficerTrustee | 1 | $0 |
Michael Genovese Treasurer | OfficerTrustee | 1 | $0 |
Sr Gabrielle Marie Jones Rsm Sisters Of Mercy West | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,411,444 |
| Government grants | $4,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,206,810 |
| Noncash contributions included in lines 1a–1f | $2,120,482 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,622,609 |
| Total Program Service Revenue | $0 |
| Investment income | $542,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,831,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,996,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,324,244 |
| Grants and other assistance to domestic individuals. | $42,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $444,042 |
| Compensation of current officers, directors, key employees. | $79,928 |
| 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 | $33,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $55,378 |
| Fees for services: Investment Management | $185,496 |
| Fees for services: Other | $113,064 |
| Advertising and promotion | $3,575 |
| Office expenses | $55,806 |
| Information technology | $23,863 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,933 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,407 |
| Total functional expenses | $9,643,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,124 |
| Savings and temporary cash investments | $4,476,441 |
| Pledges and grants receivable | $13,911,983 |
| Accounts receivable, net | $480,254 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $34,307,263 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,430,937 |
| Total assets | $57,767,002 |
| Accounts payable and accrued expenses | $112,590 |
| Grants payable | $0 |
| 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 | $2,844,646 |
| Total liabilities | $2,957,236 |
| Net assets without donor restrictions | $5,088,229 |
| Net assets with donor restrictions | $49,721,537 |
| 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 | $57,767,002 |
Grants Awarded
Over the last fiscal year, Mercy Foundation has awarded $7,324,244 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DIGNITY HEALTH PURPOSE: SUPPORT HOSPITAL PROGRAMS | $4,466,226 |
SISTERS OF MERCY PURPOSE: SUPPORT WORKS OF SISTERS | $2,858,018 |