Advocate Charitable Foundation
- Assets
- $201.0m
- Revenue
- $44.4m
- Investments
- $0.0
- Employees
- 60
- Location
- Downers Grove, IL
- Founding
- 07/1984
- Data as of
- 12/2021
- EIN
- 36-3297360
Organization Overview
Advocate Charitable Foundation is located in Downers Grove, IL. The organization was established in 1984. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Advocate Charitable Foundation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advocate Charitable 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 12/2021, Advocate Charitable Foundation generated $44.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $34.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Advocate Charitable Foundation has awarded 93 individual grants totaling $181,387,035. 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
ADVOCATE CHARITABLE FOUNDATION (ACF) RAISES FUNDS FOR ADVOCATE HEALTH CARE. THE DONOR DETERMINES BOTH PROGRAM AND HOSPITAL WHICH BENEFIT FROM THE GIFT. THE FOUNDATION SERVES AS THE FIDUCIARY AGENT FOR THE GIFTS UNTIL USED FOR THE DONOR'S PURPOSE. ACF WILL USE 100% OF ALL DONATIONS FOR DONOR'S INTENDED PURPOSES AND PROGRAMS.ADVOCATE HEALTH CARE CONSISTS OF: ADVOCATE HEALTH & HOSPITALS CORPORATION (INCLUDING ADVOCATE CHRIST MEDICAL CENTER, ADVOCATE GOOD SAMARITAN HOSPITAL, ADVOCATE GOOD SHEPHERD HOSPITAL, ADVOCATE LUTHERAN GENERAL HOSPITAL, ADVOCATE SOUTH SUBURBAN HOSPITAL, ADVOCATE TRINITY HOSPITAL AND ADVOCATE MEDICAL GROUP), ADVOCATE NORTH SIDE HEALTH NETWORK, ADVOCATE CONDELL MEDICAL CENTER, ADVOCATE SHERMAN HOSPITAL, ADVOCATE HOME HEALTH SERVICES, ADVOCATE HOSPICE AND VARIOUS SYSTEM-WIDE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL AND CLINICAL SUPPORTDONOR GIFTS WERE USED TO SUPPORT CLINICAL PROGRAMS BY REIMBURSING OPERATING EXPENSES AND BY PROVIDING CAPITAL EXPENDITURES FOR EQUIPMENT AND FACILITIES RENOVATION AND CONSTRUCTION. PROGRAMS FOR SPECIAL NEEDS PATIENTS SUPPORT INCLUDED AN ADULT DOWN SYNDROME CLINIC, DENTAL CARE FOR THE DISABLED, CHILDHOOD SEXUAL TRAUMA THERAPY, OLDER ADULT SERVICES, PEDIATRIC DEVELOPMENT EVALUATIONS AND TREATMENTS, AND NEONATAL BEREAVEMENT COUNSELING. CLINIC PROGRAMS WERE ENHANCED THROUGH CAPITAL PURCHASES SUCH AS EQUIPPING EMERGENCY ROOMS, RENOVATIONS OF SURGICAL SUITES, EXPANSIONS OF CARDIAC AND CANCER CARE CENTER, DIAGNOSTIC IMAGING EQUIPMENT, AND REMODELING OF NEONATAL INTENSIVE CARE UNITS. COMMUNITY OUTREACH PROGRAMS SUPPORTED BY GIFTS INCLUDED SCHOOL-BASED HEALTH CLINICS, DENTAL PROGRAMS FOR SPECIAL NEEDS POPULATIONS, FAITH COMMUNITY PARTNERSHIPS INCLUDING PARISH NURSING, CHILDHOOD IMMUNIZATIONS, CHILD DEVELOPMENT EDUCATION, SAFETY PROGRAMS, PATIENT FAMILY SUPPORT, ADDICTION COUNSELING, HEALTH COMMUNICATION FOR THE DEAF, AND ASTHMA MANAGEMENT.
SCHOLARSHIPS AND EDUCATION PROGRAMSDONOR GIFTS WERE USED TO SUPPORT EDUCATION OF MEDICAL STUDENTS, RESIDENTS AND FELLOWS, CONTINUING EDUCATION OF MEDICAL STAFF PHYSICIANS, PASTORAL CARE (HOSPITAL CHAPLAIN) EDUCATION, ADMINISTRATIVE FELLOWSHIPS, ACCREDITATION TRAINING FOR PARAMEDICS, FELLOWSHIPS IN HEALTH CARE ADMINISTRATION, A NURSING RESIDENCY, AND CONTINUING EDUCATION OF ADVOCATE AND COMMUNITY CAREGIVERS ESPECIALLY NURSES AND CLINICAL TECHNICIANS. MEDICAL LIBRARIES AND CLINICAL EDUCATION LEARNING CENTERS WERE ENHANCED BY DONOR GIFTS. THE SYSTEM EDUCATED ABOUT 1,400 MEDICAL STUDENTS, ABOUT 600 MEDICAL RESIDENTS AND FELLOWS, ABOUT 100 PASTORAL CARE STUDENTS, AND MORE THAN 10,000 NURSES AND OTHER CAREGIVERS. SCHOLARSHIPS ARE PROVIDED FOR CONTINUING EDUCATION OF EMPLOYEES AND TO STUDENTS IN HIGH SCHOOL AND COLLEGE INTERESTED IN HEALTH CARE OCCUPATIONS.
MEDICAL RESEARCHDONOR GIFTS WERE USED TO SUPPORT BOTH BASIC RESEARCH IN PEDIATRIC ONCOLOGY AND CLINICAL RESEARCH IN THE AREAS OF ADULT ONCOLOGY, CARDIOLOGY, ADDICTION MEDICINE, RENAL DISEASE, NEONATAL CARE, EMERGENCY MEDICINE, NURSING CLINICAL PROCEDURES, AND PEDIATRIC ONCOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Varju President, Director | OfficerTrustee | 55 | $561,473 |
Douglas Hutchings Vp, Development | 55 | $310,203 | |
Susan Aberholden Vp, Philanthropy | 55 | $294,062 | |
Jo Amick Vp, Development | 55 | $255,641 | |
Patricia Smith-Calascibetta Vp, Finance | Officer | 55 | $238,824 |
Ina Owens Vp, Grants & Program Development | Officer | 55 | $238,226 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Proem National Event Services Event Services | 12/30/20 | $167,838 |
Wwl Dhotel Investors Llc Event Services | 12/30/20 | $103,112 |
Westport Entertainment Associate Event Services | 12/30/20 | $516,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $778,867 |
| Related organizations | $9,500,000 |
| Government grants | $15,043 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,190,364 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,484,274 |
| Total Program Service Revenue | $0 |
| Investment income | $85,173 |
| Tax Exempt Bond Proceeds | $19,864,578 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,711 |
| Net Income from Gaming Activities | -$209 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,400,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,991,774 |
| 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. | $1,401,937 |
| Compensation of current officers, directors, key employees. | $48,605 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,989,248 |
| Pension plan accruals and contributions | $434,534 |
| Other employee benefits | $690,084 |
| Payroll taxes | $421,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,806 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $140,096 |
| Information technology | $246,617 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,157 |
| Interest | $0 |
| Payments to affiliates | $127,027 |
| Depreciation, depletion, and amortization | $1,371 |
| Insurance | $55,999 |
| All other expenses | $920 |
| Total functional expenses | $34,478,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,381,229 |
| Pledges and grants receivable | $10,833,746 |
| 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 | $3,659 |
| Investments—publicly traded securities | $160,140,168 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,614,610 |
| Total assets | $200,973,412 |
| Accounts payable and accrued expenses | $1,737,007 |
| 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 | $5,184,394 |
| Total liabilities | $6,921,401 |
| Net assets without donor restrictions | $25,087,695 |
| Net assets with donor restrictions | $168,964,316 |
| 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 | $200,973,412 |
Grants Awarded
Over the last fiscal year, Advocate Charitable Foundation has awarded $24,982,544 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Downers Grove, IL PURPOSE: CLINICAL & GENERAL SUPPORT | $19,298,361 |
Downers Grove, IL PURPOSE: CLINICAL & GENERAL SUPPORT | $2,090,585 |
Downers Grove, IL PURPOSE: CLINICAL & GENERAL SUPPORT | $2,029,915 |
Downers Grove, IL PURPOSE: SCHOLARSHIPS & EDUCATION | $626,713 |
Downers Grove, IL PURPOSE: MEDICAL RESEARCH | $394,256 |
Downers Grove, IL PURPOSE: CLINICAL & GENERAL SUPPORT | $388,055 |
Grants Recieved
Over the last fiscal year, we have identified 49 grants that Advocate Charitable Foundation has recieved totaling $4,305,410.
| Awarding Organization | Amount |
|---|---|
Delta Dental Of Illinois Foundation Naperville, IL PURPOSE: SUPPORT THE BUILDOUT OF THEIR DENTAL CLINIC | $1,000,000 |
Masonic Family Health Foundation Downers Grove, IL PURPOSE: INDIGENT SERVICES | $694,459 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $500,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $406,177 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $406,177 |
The Duchossois Family Foundation Chicago, IL PURPOSE: DUCHOSSOIS CENTER FOR HEALTH & INTEGRATIVE MEDICINE | $250,000 |
Endowment Analysis
| Beg. Balance | $59,064,816 |
| Earnings | $7,772,667 |
| Net Contributions | $1,252,569 |
| Other Expense | $2,151,199 |
| Grants | $90,793 |
| Ending Balance | $65,848,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Community Healthcare Arlington Heights, IL | $634,169,512 | $38,406,845 |
Anderson Healthcare Maryville, IL | $41,437,636 | $29,425,681 |
Advocate Charitable Foundation Downers Grove, IL | $200,973,412 | $44,400,105 |
Gundersen Lutheran Medical Foundation Inc La Crosse, WI | $92,389,553 | $52,203,030 |
Kosair Charities Committee Inc Louisville, KY | $326,895,406 | $23,053,795 |
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Hospital Sisters Of St Francis Foundation Inc Springfield, IL | $115,855,911 | $14,666,018 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Iowa Health Foundation Des Moines, IA | $224,193,770 | $32,909,877 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Great River Health System Inc West Burlington, IA | $45,236,336 | $11,348,232 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |