Franciscan Health Foundation Inc

Organization Overview

Franciscan Health Foundation Inc is located in Mishawaka, IN. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franciscan 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 12/2021, Franciscan Health Foundation Inc generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $10.0m during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Franciscan Health Foundation Inc has awarded 12 individual grants totaling $29,404,941. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RAISE, INVEST, AND EXPEND CONTRIBUTIONS FOR THE BENEFIT OF FRANCISCAN ALLIANCE, INC. HEALTH CENTERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRANCISCAN HEALTH FOUNDATION, INC. RAISES, INVESTS, AND EXPENDS CONTRIBUTIONS FOR THE BENEFIT OF FRANCISCAN ALLIANCE, INC. THE BENEFICIARY'S PURPOSE IS TO PROMOTE COMPASSIONATE CARE FOR THOSE IN NEED, RESPECT LIFE AND THE DIGNITY OF PERSONS, WELLNESS AND THE PREVENTION OF ILLNESS, RESTORATION TO HEALTH, AND THE ACCEPTANCE OF DEATH AS THE FINAL STEP TOWARDS WELLNESS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$352,077
Related organizations$235,416
Government grants $3,432,934
All other contributions, gifts, grants, and similar amounts not included above$5,219,656
Noncash contributions included in lines 1a–1f $143,354
Total Revenue from Contributions, Gifts, Grants & Similar$9,240,083
Total Program Service Revenue$0
Investment income $501,916
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 $9,741,999

Grants Awarded

Over the last fiscal year, Franciscan Health Foundation Inc has awarded $5,435,830 in support to 4 organizations.

Grant RecipientAmount

FRANCISCAN ALLIANCE INC

Org PageRecipient Profile

Mishawaka, IN

PURPOSE: VARIOUS PROGRAMS

$5,096,337

FRANCISCAN HEALTH RENSSELAER INC

Org PageRecipient Profile

Rensselaer, IN

PURPOSE: VARIOUS PROGRAMS

$181,616

FRANCISCAN VNS HOME CARE INC

Org PageRecipient Profile

Beech Grove, IN

PURPOSE: VARIOUS PROGAMS

$141,777

SISTERS OF ST FRANCIS OF PERPETUAL ADORATION

PURPOSE: VARIOUS PROGRAMS

$16,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Franciscan Health Foundation Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Crown Point Community Foundation Inc

Crown Point, IN

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,530,314
Earnings$40,471
Net Contributions$874,385
Other Expense-$797
Ending Balance$8,445,967

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