Ascension Ministry And Mission Fund
- Assets
- $3.5m
- Revenue
- $579.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 27-3174701
Organization Overview
Ascension Ministry And Mission Fund is located in Saint Louis, MO. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Ministry And Mission Fund 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 06/2021, Ascension Ministry And Mission Fund generated $579.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $266.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ascension Ministry And Mission Fund has awarded 30 individual grants totaling $2,800,728. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST ASSOCIATES AND OTHERS IN SUPPORTING THE MINISTRY OF THE ASCENSION SPONSOR, ASCENSION HEALTH ALLIANCE AND THE RELATED HEALTH CARE ORGANIZATIONS IN THE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASCENSION MINISTRY AND MISSION FUND EXISTS TO PROVIDE STEWARDSHIP OF FUNDS CONTRIBUTED BY ASSOCIATES OF ASCENSION HEALTH ALLIANCE AND ITS RELATED FAITH-BASED HEALTH MINISTRIES, AS WELL AS OTHERS; AND TO FURTHER THE MISSION OF ASCENSION SPONSOR BY ASSISTING IN THE DEVELOPMENT OF SPECIFIC CAPABILITIES AND ADDRESSING IDENTIFIED NEEDS, IN A CHANGING NONPROFIT HEALTHCARE ENVIRONMENT. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 6/2017) | 0 | $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 | $575,064 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $575,064 |
| Total Program Service Revenue | $0 |
| Investment income | $4,670 |
| 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 | $579,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $266,068 |
| 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 | $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 | $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 | $266,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,330,183 |
| 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 | $199,488 |
| Total assets | $3,529,671 |
| Accounts payable and accrued expenses | $5,415 |
| 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 | $249,136 |
| Total liabilities | $254,551 |
| Net assets without donor restrictions | -$56,611 |
| Net assets with donor restrictions | $3,331,731 |
| 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 | $3,529,671 |
Grants Awarded
Over the last fiscal year, Ascension Ministry And Mission Fund has awarded $246,724 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GENERAL SUPPORT | $117,849 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $78,676 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $25,100 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $14,354 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $5,700 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $5,045 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ascension Ministry And Mission Fund has recieved totaling $10,250.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $10,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Via Christi Health Inc St Louis, MO | $224,688,914 | $97,145,070 |
Hospital & Medical Foundation Of Paris Inc Paris, IL | $105,317,026 | $88,599,305 |
Nebraska Methodist Health System Inc Omaha, NE | $1,257,543,382 | $79,579,701 |
Mercy Health Southwest Missouri Kansas Communities Joplin, MO | $10,110,095 | $51,629,462 |
Memorial Health System Springfield, IL | $156,520,865 | $97,418,294 |
Alabama Providence Healthcare Services St Louis, MO | $11,011,126 | $32,937,947 |
Wheaton Franciscan Healthcare-Iowa Inc Waterloo, IA | $26,954,347 | $50,265,958 |
Wheaton Franciscan Healthcare - Southeast Wisconsin Inc St Louis, MO | $170,280,677 | $49,335,705 |
Alexian Health Senior Care St Louis, MO | $102,929,303 | $37,706,553 |
Memorial Community Hospital Corporation Blair, NE | $56,275,818 | $44,044,678 |
Esperanza Health Centers Chicago, IL | $28,840,414 | $38,575,454 |
Primary Healthcare Associates Sc Harvey, IL | $3,794,694 | $21,243,184 |