Presence Health Foundation Board Of Trustees
- Assets
- $0.0
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 04/2019
- EIN
- 36-3330929
Organization Overview
Presence Health Foundation Board Of Trustees, operating under the name Presence Health Foundation, is located in Chicago, IL. Presence Health 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 04/2019, Presence Health Foundation generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $7.1m during the year ending 04/2019. While expenses have increased by 2.6% per year over the past 4 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 2014, Presence Health Foundation has awarded 53 individual grants totaling $31,399,026. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR PRESENCE ALEXIAN BROTHERS HEALTH SYSTEM, 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:
Part 3 - Line 4a
PRESENCE HEALTH FOUNDATION BOARD OF TRUSTEES (PHFBOT), AN ILLINOIS NOT-FOR-PROFIT CORPORATION AND AN ORGANIZATION DESCRIBED UNDER 501(C)(3) OF THE CODE, IS RESPONSIBLE FOR FUNDRAISING FOR PRESENCE ALEXIAN BROTHERS HEALTH SYSTEM'S TAX EXEMPT AFFILIATES. GIFTS RECEIVED BY PHFBOT ARE AVAILABLE FOR DISTRIBUTION TO AFFILIATES AS DIRECTED BY THE DONOR. PHFBOT SEEKS TO SECURE FINANCIAL RESOURCES THAT PRESENCE ALEXIAN BROTHERS HEALTH SYSTEM AND ITS AFFILIATES NEED TO CONTINUE THEIR LEADERSHIP IN HEALTH-CARE RESEARCH, EDUCATION AND ADVOCACY. PFHBOT'S FUNDRAISING ACTIVITIES INCLUDE PROGRAMS TO DEVELOP MAJOR GIFTS, PLANNED GIVING AND ANNUAL GIFTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer ( End 3/2018) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Williamson Employment Services Inc Non-clinical Agency | 12/30/16 | $213,480 |
Revel Global Events Inc Event Planning | 12/30/16 | $181,835 |
Chicago Signature Services Event Planning | 12/30/16 | $170,914 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,271,884 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,540,370 |
| Noncash contributions included in lines 1a–1f | $122,586 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,812,254 |
| Total Program Service Revenue | $0 |
| Investment income | $332,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$588,267 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,556,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,047,208 |
| Grants and other assistance to domestic individuals. | $10,618 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $345,511 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $661,739 |
| Pension plan accruals and contributions | $20,202 |
| Other employee benefits | $96,214 |
| Payroll taxes | $61,898 |
| 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 | $0 |
| Fees for services: Other | $514,686 |
| Advertising and promotion | $1,327 |
| Office expenses | $88,225 |
| Information technology | $16 |
| Royalties | $0 |
| Occupancy | $198 |
| Travel | $39,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $46,468 |
| All other expenses | $37,959 |
| Total functional expenses | $7,142,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Presence Health Foundation Board Of Trustees has awarded $5,047,209 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: HOSPITAL PROGRAMS AND EQUIPMENT | $1,852,373 |
St Louis, MO PURPOSE: HEALTH PROGRAMS AND EQUIPMENT | $1,003,098 |
St Louis, MO PURPOSE: HEALTH PROGRAMS AND EQUIPMENT | $729,153 |
St Louis, MO PURPOSE: HEALTH PROGRAMS AND EQUIPMENT | $467,038 |
St Louis, MO PURPOSE: HEALTH PROGRAMS AND EQUIPMENT | $354,852 |
St Louis, MO PURPOSE: HOSPITAL PROGRAMS AND EQUIPMENT | $336,232 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Presence Health Foundation Board Of Trustees has recieved totaling $300,895.
| Awarding Organization | Amount |
|---|---|
Bear Foundation Rolling Meadows, IL PURPOSE: FOUNDATION'S HEALTH EVENTS | $195,895 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $37,500 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $37,500 |
The Chicago Community Trust Chicago, IL PURPOSE: TO SUPPORT SCHOLARSHIPS, AND SFH/FIRST STEP RECOVERY INITIATIVE | $30,000 |
Endowment Analysis
| Beg. Balance | $30,830,339 |
| Earnings | $307,884 |
| Net Contributions | $6,024,336 |
| Other Expense | $37,151,941 |
| Grants | $10,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Community Support Services Inc Akron, OH | $23,036,222 | $26,517,082 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |