Shadyside Hospital Supportingfoundation
- Assets
- $676.0k
- Revenue
- $76.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 26-0303394
Organization Overview
Shadyside Hospital Supportingfoundation is located in Pittsburgh, PA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shadyside Hospital Supportingfoundation 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, Shadyside Hospital Supportingfoundation generated $76.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $11.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE & ADVANCE HEALTH CARE DELIVERY & MEDICAL EDUCATION & RESEARCH FOR UPMC SHADYSIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHADYSIDE HOSPITAL SUPPORTING FOUNDATION IS A NONPROFIT ORGANIZATION FOUNDED IN 2007. THE BENEFICIARY OF THE FUNDS RAISED BY THE FOUNDATION IS UPMC SHADYSIDE. FUNDS RAISED ARE USED TO FURTHER IMPROVE AND ADVANCE THE SCIENCE OR ART OF HEALTHCARE DELIVERY AND ASSIST IN THE ADVANCEMENT OF MEDICAL EDUCATION AND RESEARCH. THE FOUNDATION'S SOLE ENDOWMENT IS THE MILTON G. HULME, JR. ENDOWMENT FUND, WHICH WAS ESTABLISHED TO PROVIDE SUPPORT TO UPMC SHADYSIDE. THE FOUNDATION HAS THE RIGHT TO UTILIZE THE EARNINGS TO BEST MEET THE NEEDS OF UPMC SHADYSIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise R Brown Secretary/treasurer/exec. Director | OfficerTrustee | 1 | $0 |
G Nicholas Beckwith III President | OfficerTrustee | 1 | $0 |
Mark J Laskow Vice President | OfficerTrustee | 1 | $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 | $75,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,905 |
| Total Program Service Revenue | $0 |
| Investment income | $245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,020 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $11,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,768 |
| Savings and temporary cash investments | $266,261 |
| 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 | $676,029 |
| 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 | $315,777 |
| Net assets with donor restrictions | $360,252 |
| 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 | $676,029 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shadyside Hospital Supportingfoundation has recieved totaling $38,308.
| Awarding Organization | Amount |
|---|---|
Pittsburgh Foundation Pittsburgh, PA PURPOSE: HEALTH GENERAL AND REHABILITATIVE | $28,308 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $239,453 |
| Net Contributions | $20,000 |
| Ending Balance | $259,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Lukes Foundation Of Cleveland Ohio Cleveland, OH | $236,017,036 | $24,076,221 |
The Foundation For Delaware County Media, PA | $70,292,526 | $12,697,458 |
Potomac Healthcare Foundation Baltimore, MD | $18,480,223 | $9,146,627 |
St Francis Research And Educational Corporation Roslyn, NY | $9,987,779 | $6,062,261 |
New York City Retirees Health & Welfare Fund Lynbrook, NY | $40,321,331 | $11,937,808 |
Cooper Health Systems Camden, NJ | $99,186,980 | $12,310,432 |
Friends Of Indus Hospital Inc Teaneck, NJ | $6,718,451 | $9,579,244 |
Salem Physician Practices Pc Salem, NJ | $930,256 | $3,417,456 |
Agma Health Fund New York, NY | $16,660,760 | $8,070,955 |
Bryn Mawr Hospital Foundation Bryn Mawr, PA | $102,040,001 | $12,922,519 |
United Food And Commercial Workers Union Local 227 & Employees Health Dayton, OH | $0 | $8,062,923 |
Hunterdon Healthcare System Inc Flemington, NJ | $3,951,978 | $7,578,810 |