Bon Secours - St Francis Health System Foundation Inc Foundation Inc
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, SC
- Founding
- 01/2002
- Data as of
- 12/2019
- EIN
- 26-0012031
Organization Overview
Bon Secours - St Francis Health System Foundation Inc Foundation Inc is located in Greenville, SC. The organization was established in 2002. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. Bon Secours - St Francis Health System Foundation Inc Foundation Inc 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 12/2019, Bon Secours - St Francis Health System Foundation Inc Foundation Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $4.2m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bon Secours - St Francis Health System Foundation Inc Foundation Inc has awarded 15 individual grants totaling $14,990,948. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
GRANT MAKING FOUNDATION WHICH SUPPORTS ST. FRANCIS HOSPITAL, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE YEAR ENDED DECEMBER 31, 2019, THE ST. FRANCIS FOUNDATION FINISHED THE YEAR WITH APPROXIMATELY $926,000 RAISED TO SUPPORT VARIOUS PROGRAMS OF ST. FRANCIS HOSPITAL, INC. THIS SUPPORT ALLOWS FOR THE CREATION OF NEW SERVICES, THE PURCHASE OF NEW EQUIPMENT AND THE PROVISION OF CHARITABLE HEALTH CARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former CEO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $169,415 |
| Related organizations | $323,103 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $434,239 |
| Noncash contributions included in lines 1a–1f | $70,172 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $926,757 |
| Total Program Service Revenue | $0 |
| Investment income | $502,139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$80,369 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,348,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,829,077 |
| Grants and other assistance to domestic individuals. | $35,481 |
| 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 | $148,617 |
| Pension plan accruals and contributions | $7,693 |
| Other employee benefits | $21,197 |
| Payroll taxes | $6,613 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,450 |
| Office expenses | $78,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,074 |
| 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 | $0 |
| Total functional expenses | $4,197,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Bon Secours - St Francis Health System Foundation Inc Foundation Inc has awarded $3,722,885 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Greenville, SC PURPOSE: Mission Support | $3,714,533 |
Greenville, SC PURPOSE: Mission Support | $8,352 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Bon Secours - St Francis Health System Foundation Inc Foundation Inc has recieved totaling $91,500.
| Awarding Organization | Amount |
|---|---|
St Baldricks Foundation Inc Monrovia, CA PURPOSE: PEDIATRIC CANCER RESEARCH | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $31,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $10,000 |
Endowment Analysis
| Beg. Balance | $897,381 |
| Net Contributions | $19,648 |
| Other Expense | $917,029 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Trustees Of Medical Services Of Am Inc Empl Health Ben Plan 6 Tr Lexington, SC | $5,490 | $14,210,986 |
Rowan Regional Medical Center Foundation Inc Winston Salem, NC | $63,491,170 | $11,479,503 |
Medical Society Of S C Charleston, SC | $641,115,218 | $16,899,363 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Conway Hospital Emergency Professional Services Conway, SC | $693,381 | $5,206,730 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Gwinnett Hospital System Foundation Inc Lawrenceville, GA | $16,671,809 | $3,369,324 |
Cem Health And Welfare Benefit Trust Matthews, NC | $250,139 | $4,240,274 |
Musc Health Partners Charleston, SC | $1,610,302 | $4,424,727 |