Ingalls Development Foundation

Organization Overview

Ingalls Development Foundation is located in Harvey, IL. The organization was established in 1982. 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. Ingalls Development 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, Ingalls Development Foundation generated $5.1m 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 (23.1%) each year. All expenses for the organization totaled $9.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Ingalls Development Foundation has awarded 11 individual grants totaling $5,168,599. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

INGALLS DEVELOPMENT FOUNDATION (IDF) SUPPORTS INGALLS MEMORIAL HOSPITAL BY PROVIDING LEADERSHIP FOR THE OPERATION OF FUNDRAISING EVENTS EACH YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INGALLS DEVELOPMENT FOUNDATION (IDF) GENERALLY HOLDS THREE FUNDRAISING EVENTS EACH YEAR. THE BENEFIT SHOW IS THE LARGEST FUNDRAISER FOLLOWED BY THE GOLF OUTING AND THE FASHION SHOW. IN ADDITION TO THE FUNDRAISING EVENTS, THE ORGANIZATION DEVELOPS AND MAINTAINS COMMUNITY AND PUBLIC RELATIONSHIPS TO SUPPORT THE FINANCIAL NEEDS OF INGALLS MEMORIAL HOSPITAL AND THE UNIVERSITY OF CHICAGO MEDICAL CENTER. THESE RELATIONSHIPS ARE TARGETED TO GENERATE FUNDS FOR NEW PROGRAMS AND TO PROVIDE SERVICES TO MEMBERS OF THE COMMUNITY WITHOUT RESOURCES TO PAY FOR REQUIRED HEALTHCARE SERVICES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Secretary/treasurer
$0
Name Not Listed
Board Member/president
$0
Name Not Listed
Chairman
$0
Name Not Listed
Board Member (eff. 2/21/21)
$0
Name Not Listed
Board Member & Ucmc SVP
$0
Name Not Listed
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$25,000
Membership dues$0
Fundraising events$551,263
Related organizations$171,335
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,244,705
Noncash contributions included in lines 1a–1f $19,873
Total Revenue from Contributions, Gifts, Grants & Similar$1,992,303
Total Program Service Revenue$0
Investment income $661,184
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,805,027
Net Income from Fundraising Events -$315,909
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,142,605

Grants Awarded

Over the last fiscal year, Ingalls Development Foundation has awarded $1,273,221 in support to 2 organizations.

Grant RecipientAmount

THE INGALLS MEMORIAL HOSPITAL

PURPOSE: GENERAL PROGRAM SUPPORT

$1,238,221

UNIVERSITY OF CHICAGO

PURPOSE: Vitamin D Research

$35,000
View Grant Profile

Peer Organizations

Organization NameAssets
Saint Lukes Foundation
Kansas City, MO
$15,740,107
Vollrath Company Employee Health & Welfare Benefit Trust
Sheboygan, WI
$19,078,796
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem
Lexington, KY
$20,699,070
Indiana Health Information Exchange Inc
Indianapolis, IN
$17,816,496
Health & Welfare Fund Of Cedar Rapids Iowa V A Local 125
Cedar Rapids, IA
$22,508,158
Legacy Foundation Of Kentuckiana Inc
Lexington, KY
$8,095,736
Dell Childrens Foundation
St Louis, MO
$20,070,862
Southern Illinois Laborers & Empl Health & Welfare Fund
Marion, IL
$17,432,108
Childrens Hospital Foundation
Louisville, KY
$23,012,177
Ky Hospital Research & Education Foundation Inc
Louisville, KY
$14,278,685
Truman Medical Center Charitable Foundation
Kansas City, MO
$3,798,231
Communicare Services
Elizabethtown, KY
$20,763,461
St John Health System Foundation Inc
St Louis, MO
$20,482,987
Boniface Foundation
St Louis, MO
$6,738,259
Cedar Rapids Electrical Workers Local 405 Health And Welfare Fund
Cedar Rapids, IA
$14,986,199
Manatts Inc Group Health Plan & Tr
Brooklyn, IA
$12,171,501
Central Counties Health Centers Inc
Springfield, IL
$14,981,754
Hoosier Cancer Research Network Inc
Indianapolis, IN
$10,310,704
Methodist Services Inc
Peoria, IL
$13,006,406
Childrens Mercy Hospital Foundation
Kansas City, MO
$26,016,813
Seton Healthcare Corporation Of Southeast Michigan
St Louis, MO
$5,622,283
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust
Springfield, MO
$10,232,844
Bellin Gundersen Health System Inc
La Crosse, WI
$0
Ingalls Development Foundation
Harvey, IL
$5,142,605
Ascension St John Foundation
St Louis, MO
$19,443,950

Create an account to unlock the data you need.

or