St Vincent Hospital Foundation Inc
- Assets
- $155.8m
- Revenue
- $26.5m
- Investments
- $20.0m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 08/1968
- Data as of
- 06/2022
- EIN
- 35-6088862
Organization Overview
St Vincent Hospital Foundation Inc, operating under the name Ascension St Vincent Foundation, is located in St Louis, MO. The organization was established in 1968. 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. Ascension St Vincent 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 06/2022, Ascension St Vincent Foundation generated $26.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ascension St Vincent Foundation has awarded 59 individual grants totaling $53,016,482. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR ST. VINCENT HOSPITAL AND HEALTH CARE CENTER, INC., SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL THE PEOPLE IN THE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
FOUNDED IN 1968, ST. VINCENT INDIANAPOLIS FOUNDATION RAISES AND STEWARDS PHILANTHROPIC CONTRIBUTIONS TO SUPPORT THE HOSPITAL'S COMMUNITY PROGRAMS, CAPITAL PROJECTS, AND TO ENHANCE PATIENT CARE, ESPECIALLY FOR THE POOR AND VULNERABLE. LOCATED ON THE MAIN CAMPUS OF ASCENSION ST. VINCENT INDIANAPOLIS HOSPITAL, WE SUPPORT ASCENSION ST. VINCENT LOCATIONS IN INDIANAPOLIS, CARMEL, AND FISHERS, INCLUDING THE CARDIOVASCULAR RESEARCH INSTITUTE AND PEYTON MANNING CHILDREN'S HOSPITAL. OTHER ST. VINCENT FOUNDATIONS IN INDIANA EXIST TO SUPPORT LOCATIONS IN EVANSVILLE, KOKOMO, AND ANDERSON. 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 FY22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Ex-Officio/executive Director | OfficerTrustee | 0 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 0 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $84,223 |
| Related organizations | $1,670,656 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,256,354 |
| Noncash contributions included in lines 1a–1f | $546,768 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,011,233 |
| Total Program Service Revenue | $0 |
| Investment income | $4,070,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,440,607 |
| Net Income from Fundraising Events | -$44,359 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,478,220 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,140,412 |
| Grants and other assistance to domestic individuals. | $6,087 |
| 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 | $1,047,111 |
| Fees for services: Other | $198,428 |
| Advertising and promotion | $138,600 |
| Office expenses | $69,951 |
| Information technology | $22,113 |
| Royalties | $0 |
| Occupancy | $44,241 |
| Travel | $13,697 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,368 |
| Insurance | $0 |
| All other expenses | $7,316 |
| Total functional expenses | $5,674,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,126,141 |
| Pledges and grants receivable | $7,418,797 |
| 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 | $42,788 |
| Net Land, buildings, and equipment | $1,388 |
| Investments—publicly traded securities | $107,975,356 |
| Investments—other securities | $20,025,483 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $247,817 |
| Total assets | $155,837,770 |
| Accounts payable and accrued expenses | $1,088,326 |
| Grants payable | $0 |
| Deferred revenue | $275,275 |
| 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 | $67,617 |
| Total liabilities | $1,431,218 |
| Net assets without donor restrictions | $75,609,094 |
| Net assets with donor restrictions | $78,797,458 |
| 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 | $155,837,770 |
Grants Awarded
Over the last fiscal year, St Vincent Hospital Foundation Inc has awarded $3,123,809 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ST VINCENT HOSPITAL AND HEALTH CARE CENTER INC PURPOSE: General/Capital Support | $2,656,014 |
CENTRAL INDIANA HEALTH SYSTEM CARDIAC SERVICES INC PURPOSE: General Support | $208,483 |
ST VINCENT HEALTH INC PURPOSE: General/Capital Support | $195,498 |
ST VINCENT ANDERSON REGIONAL HOSPITAL INC PURPOSE: General Support | $22,791 |
HAND SURGERY ASSOCIATES OF INDIANA INC PURPOSE: Research grants | $17,816 |
ST VINCENT FISHERS HOSPITAL INC PURPOSE: General Support | $10,000 |