Brookings Health System Foundation is located in Brookings, SD. The organization was established in 2010. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Brookings Health System 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, Brookings Health System Foundation generated $202.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (35.4%) each year. All expenses for the organization totaled $203.1k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING PEOPLE TO SUPPORT BROOKINGS HEALTH SYSTEM THROUGH PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATED $197,757 TO BROOKINGS HEALTH SYSTEM IN SUPPORT OF ITS MISSION DURING 2021. DISBURSEMENTS FROM FUND BALANCES FOR PROJECTS, EQUIPMENT AND SERVICES AT BROOKINGS HEALTH SYSTEM: - $115,000 FROM THE PROGRESS LIVES HERE CAPITAL FUND; - $6,305 COVID-19 RESPONSE - FROM THE AIMING TO INSPIRE HEALTH AND THE FOUNDATION UNRESTRICTED GENERAL FUND; - $3,447 FROM THE NEIGHBORHOODS AT BROOKVIEW FUND TO SUPPORT RESIDENT ACTIVITIES; - $591 FROM THE GENERAL FUND TO PROVIDE TRANSPORTATION TO PATIENTS IN NEED; - $500 FROM THE CARING & SHARING FUND TO SUPPORT A BROOKINGS HEALTH SYSTEM EMPLOYEE EMERGENCY; - $210 FROM THE GENERAL FUND TO PROVIDE PHARMACY PRESCRIPTION ASSISTANCE TO PATIENTS. THE ORGANIZATION ISSUED THE FOLLOWING FUNDS TO ORGANIZATIONS OUTSIDE OF BROOKINGS HEALTH SYSTEM: - $5,210 FROM THE CARING & SHARING FUND TO SUPPORT EMPLOYEES FIGHTING COVID-19; - $2,994 FROM THE JOY CLUB FUND TO SUPPORT FUND EXPENSES AND NURSING EDUCATION SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Fishback Vice Chair | OfficerTrustee | 0.5 | $0 |
Tara Mills Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Jim Winterboer Chair | OfficerTrustee | 0.5 | $0 |
Amber Hemmestad Member | Trustee | 0.5 | $0 |
Karin Emery Member | Trustee | 0.5 | $0 |
Joanie Holm Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $6,782 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $179,757 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $186,539 |
Total Program Service Revenue | $0 |
Investment income | $731 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $15,526 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $202,796 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $139,551 |
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 | $47,518 |
Pension plan accruals and contributions | $2,842 |
Other employee benefits | $0 |
Payroll taxes | $3,624 |
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 | $3,443 |
Office expenses | $3,685 |
Information technology | $2,388 |
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 | $203,051 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $752,928 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $756,365 |
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 | $1,509,293 |
Accounts payable and accrued expenses | $5,294 |
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 | $5,294 |
Net assets without donor restrictions | $437,766 |
Net assets with donor restrictions | $1,066,233 |
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 | $1,509,293 |
Over the last fiscal year, we have identified 1 grants that Brookings Health System Foundation has recieved totaling $85.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
Organization Name | Assets | Revenue |
---|---|---|
Childrens Health Care Foundation Minneapolis, MN | $90,729,243 | $25,438,436 |
Wyoming Medical Center Foundation Casper, WY | $297,053,839 | $17,341,207 |
Iowa Health Foundation Des Moines, IA | $224,193,770 | $32,909,877 |
Great River Health System Inc West Burlington, IA | $45,236,336 | $11,348,232 |
Clarkson Regional Health Services Inc Omaha, NE | $904,409,181 | $106,113,529 |
Mercy Foundation Of Des Moines Iowa Des Moines, IA | $72,079,814 | $11,993,555 |
Sanford Health Foundation North Sioux Falls, SD | $106,387,743 | $12,791,067 |
Headwaters Health Foundation Of Western Montana Missoula, MT | $106,148,941 | $5,570,203 |
Dakota Medical Foundation Fargo, ND | $43,203,440 | $5,722,440 |
Gillette Childrens Hospital Foundation St Paul, MN | $41,489,322 | $14,728,152 |
Lifescape Sioux Falls, SD | $318,250 | $4,148,590 |
Benedictine Foundation Minneapolis, MN | $15,163,836 | $4,052,107 |