Eskenazi Health Foundation Inc
- Assets
- $100.3m
- Revenue
- $12.5m
- Investments
- $11.6m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 31-1132066
Organization Overview
Eskenazi Health Foundation Inc is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, 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. Eskenazi Health 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 12/2022, Eskenazi Health Foundation Inc generated $12.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $6.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Eskenazi Health Foundation Inc has awarded 13 individual grants totaling $3,849,623. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESKENAZI HEALTH FOUNDATION INSPIRES, ENERGIZES AND PROMOTES A VITAL, HEALTHY INDIANAPOLIS COMMUNITY BY PROVIDING STRATEGIC GUIDANCE AND PHILANTHROPIC RESOURCES TO ESKENAZI HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS RESPONSIBLE FOR THE ONGOING FUNDRAISING EFFORTS THAT BENEFIT HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INC. WHICH OPERATES ESKENAZI HEALTH. AS SUCH, THE MOST SIGNIFICANT PROGRAM OF THE FOUNDATION IS THE DISTRIBUTION OF FUNDS FOR PROGRAMS THAT SUPPORT ESKENAZI HEALTH'S MISSION OF EXCEPTIONAL CARE. SUCH PROGRAMS INCLUDE THE PALLIATIVE CARE PROGRAM, SENIOR CARE PROGRAM, PRESCRIPTION FOR HOPE (A PROGRAM AIMED AT REDUCING THE THREAT OF REPEATED VIOLENT PERSONAL INJURY AND HELPING FAMILIES WHO HAVE EXPERIENCED VIOLENCE RELATED INJURY MAKE LIFE CHANGING AND LIFE SAVING CHOICES), AND THE GREGORY S. FEHRIBACH CENTER (AN INTERNSHIP PROGRAM AIMED AT PROVIDING CAREER OPPORTUNITIES FOR STUDENTS WITH PHYSICAL DISABILITIES).
THE FOUNDATION IS RESPONSIBLE FOR THE ONGOING FUNDRAISING EFFORTS THAT BENEFIT HEALTH AND HOSPITAL CORPORATION OF MARION COUNTY, INC. WHICH OPERATES ESKENAZI HEALTH. AS SUCH, THE MOST SIGNIFICANT PROGRAM OF THE FOUNDATION IS THE DISTRIBUTION OF FUNDS FOR PROGRAMS THAT SUPPORT ESKENAZI HEALTH'S MISSION OF EXCEPTIONAL CARE. SUCH PROGRAMS INCLUDE THE PALLIATIVE CARE PROGRAM, SENIOR CARE PROGRAM, PRESCRIPTION FOR HOPE (A PROGRAM AIMED AT REDUCING THE THREAT OF REPEATED VIOLENT PERSONAL INJURY AND HELPING FAMILIES WHO HAVE EXPERIENCED VIOLENCE RELATED INJURY MAKE LIFE CHANGING AND LIFE SAVING CHOICES), AND THE GREGORY S. FEHRIBACH CENTER (AN INTERNSHIP PROGRAM AIMED AT PROVIDING CAREER OPPORTUNITIES FOR STUDENTS WITH PHYSICAL DISABILITIES).
THE FOUNDATION MANAGES THE GEORGE H. RAWLS, MD SCHOLARSHIP FUND WHICH PROVIDES TUITION AND FEES FOR MINORITY STUDENTS TO STUDY AT THE INDIANA UNIVERSITY SCHOOL OF MEDICINE.
THE FOUNDATION MANAGES THE GEORGE H. RAWLS, MD SCHOLARSHIP FUND WHICH PROVIDES TUITION AND FEES FOR MINORITY STUDENTS TO STUDY AT THE INDIANA UNIVERSITY SCHOOL OF MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accordant Philanthropy Llc Public Relations/advertising/consulting | 12/30/22 | $632,375 |
Hirons & Company Public Relations/advertising | 12/30/22 | $129,447 |
Accordant Philanthropy Llc Campaign Consulting | 12/30/22 | $632,375 |
Hirons & Company Public Relations/advertising | 12/30/22 | $129,447 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $136,276 |
| Related organizations | $2,448,932 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,735,152 |
| Noncash contributions included in lines 1a–1f | $463,701 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,320,360 |
| Total Program Service Revenue | $0 |
| Investment income | $2,442,455 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,267,989 |
| Net Income from Fundraising Events | -$28,608 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,466,218 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,938,531 |
| Grants and other assistance to domestic individuals. | $325,326 |
| 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 | $1,647,499 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $280,097 |
| Payroll taxes | $5,161 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,595 |
| Fees for services: Accounting | $91,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $161,340 |
| Fees for services: Other | $490,885 |
| Advertising and promotion | $348,696 |
| Office expenses | $36,468 |
| Information technology | $77,327 |
| Royalties | $0 |
| Occupancy | $325 |
| Travel | $46,954 |
| 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 | $15,327 |
| Insurance | $15,932 |
| All other expenses | $3,132 |
| Total functional expenses | $6,326,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,924,792 |
| Pledges and grants receivable | $18,912,911 |
| 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 | $44,246 |
| Net Land, buildings, and equipment | $74,629 |
| Investments—publicly traded securities | $60,967,708 |
| Investments—other securities | $11,614,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,790,662 |
| Total assets | $100,329,189 |
| Accounts payable and accrued expenses | $959,878 |
| 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 | $959,878 |
| Net assets without donor restrictions | $40,294,727 |
| Net assets with donor restrictions | $59,074,584 |
| 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 | $100,329,189 |
Grants Awarded
Over the last fiscal year, Eskenazi Health Foundation Inc has awarded $2,938,531 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA UNIVERSITY SCHOOL OF MEDICINE PURPOSE: Scholarships | $147,882 |
HEALTH AND HOSPITAL CORPORATION PURPOSE: GENERAL SUPPORT | $2,790,649 |