Shadyside Hospital Foundation

Organization Overview

Shadyside Hospital Foundation is located in Pittsburgh, PA. The organization was established in 1975. 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 06/2023, Shadyside Hospital Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shadyside Hospital 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 06/2023, Shadyside Hospital Foundation generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $5.9m during the year ending 06/2023. While expenses have increased by 11.6% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS FOR UPMC-PRESBYTERIAN/SHADYSIDE-TO IMPROVE AND ADVANCE MEDICINE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EACH YEAR THE FOUNDATION PUTS OUT A CALL FOR GRANT REQUESTS FROM PERSONNEL AT UPMC SHADYSIDE. OF 56 REQUESTS FOR FUNDING THAT WERE SUBMITTED, 46 WERE APPROVED. FOUR HIGHLIGHTED PROJECTS INCLUDE: THE IMPOSSIBLE DREAM TO BETTER TRACK PATIENT BELONGINGS, TRANSPORT EFFICIENCY PROJECT TO IMPROVE PATIENT CARE QUALITY METRICS, STAFF SAFETY DE-ESCALATION TRAINING, CRITICAL INCIDENT STRESS MANAGEMENT TRAINING FOR STAFF, NO-COST SCREENING COLONOSCOPIES FOR UNINSURED/LOW INCOME PATIENTS, AND IMPROVEMENTS TO THE UPMC SHADYSIDE GARAGE. ADDITIONAL PROJECTS INCLUDE THE DIABETES EDUCATION SCHOLARSHIP, WHICH PROVIDES MEDICATIONS, SUPPLIES, AND COUNSELING. THE SHADYSIDE HOSPITAL IMPROVEMENT MODEL PROVIDES SALARIES FOR TWO IMPROVEMENT SPECIALISTS WHO WORK WITH THE HOSPITAL TO MAKE IMPROVEMENTS FOR PATIENT SAFETY AND CARE. SINCE 1975, OUR VOLUNTEER BOARD HAS SUCCESSFULLY STEWARDED THE GIFTS OF GENERAL DONORS, PUTTING THEIR DOLLARS TO WORK TO HELP CREATE A WORLD-RENOWNED HOSPITAL THAT MAKES OUR COMMUNITY STRONG. SUPPORTING PROJECTS FOR QUALITY CARE, EDUCATION, AND RESEARCH THAT LIE BEYOND THE HOSPITAL'S NORMAL OPERATING BUDGET, THE SHADYSIDE HOSPITAL FOUNDATION CHANGES LIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Louise R Brown
Exec. Director/secretary
$135,131
Torrence M Hunt Jr
Chairman
$0
H Vaughan Blaxter III
Vice Chair
$0
Mark J Laskow
Vice Chair
$0
Mikell Cooper Schenck
Vice Chair
$0
Nancy B Foster
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$835,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$835,515
Total Program Service Revenue$0
Investment income $1,101,195
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,048,845
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,985,555

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