Hospital Sisters Of St Francis Foundation Inc
- Assets
- $111.2m
- Revenue
- $21.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 37-1186514
Organization Overview
Hospital Sisters Of St Francis Foundation Inc is located in Springfield, IL. The organization was established in 1946. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hospital Sisters Of St Francis 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 06/2022, Hospital Sisters Of St Francis Foundation Inc generated $21.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $14.1m during the year ending 06/2022. While expenses have increased by 2.9% 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 2015, Hospital Sisters Of St Francis Foundation Inc has awarded 123 individual grants totaling $83,932,357. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL SUPPORT, THROUGH PHILANTHROPY, TO THE MANY HEALING ENDEAVORS OF THE HOSPITAL SISTERS OF ST. FRANCIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO AID PERSONS WHO ARE UNABLE TO PROVIDE COMPLETELY FOR THEMSELVES IN OBTAINING HEALTH CARE SERVICES; SUPPLEMENT AND ENHANCE PROGRAMS IN HEALTH SERVICES WITH SPECIAL DEFERENCE TO PROGRAMS OF HOSPITALS SPONSORED BY THE HOSPITAL SISTERS OF THE THIRD ORDER OF ST. FRANCIS, AMERICAN PROVINCE; AND TO PROVIDE FINANCIAL ASSISTANCE IN DEVELOPING, MAINTAINING AND IMPROVING VARIOUS TYPES OF HEALTH SERVICES INCLUDING EDUCATION AND RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President & CEO | OfficerTrustee | 59 | $0 |
Name Not Listed 2022 Vice Chair (until 10/31/21) | OfficerTrustee | 1 | $0 |
Name Not Listed 2021 Chair (until 10/31/21) | OfficerTrustee | 1 | $0 |
Name Not Listed 2021 & 2022 Secretary / Hshs CFO | OfficerTrustee | 2.5 | $0 |
Name Not Listed 2022 Chair & 2021 Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed 2022 Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,191 |
| Related organizations | $445,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,927,748 |
| Noncash contributions included in lines 1a–1f | $258,903 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,411,939 |
| Total Program Service Revenue | $0 |
| Investment income | $1,358,225 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,248,114 |
| Net Income from Fundraising Events | $119,118 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,137,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,969,225 |
| Grants and other assistance to domestic individuals. | $258,903 |
| 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 | $1,976,363 |
| Fees for services: Other | $3,755,717 |
| Advertising and promotion | $0 |
| Office expenses | $171,669 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $14,131,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,374,351 |
| Pledges and grants receivable | $3,440,826 |
| 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 | $105,806,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $544,553 |
| Total assets | $111,166,168 |
| Accounts payable and accrued expenses | $9,479 |
| 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 | $453,090 |
| Total liabilities | $462,569 |
| Net assets without donor restrictions | $38,660,076 |
| Net assets with donor restrictions | $72,043,523 |
| 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 | $111,166,168 |
Grants Awarded
Over the last fiscal year, Hospital Sisters Of St Francis Foundation Inc has awarded $7,965,258 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ST ELIZABETH'S HOSPITAL PURPOSE: Hospital Activities | $1,393,822 |
ST JOSEPH HOSPITAL PURPOSE: Hospital Activities | $531,516 |
ST MARY'S HOSPITAL PURPOSE: Hospital Activities | $213,094 |
ST ANTHONY'S MEMORIAL HOSPITAL PURPOSE: Hospital Activities | $147,188 |
ST FRANCIS HOSPITAL PURPOSE: Hospital Activities | $742,184 |
ST JOHN'S HOSPITAL PURPOSE: Hospital Activities | $2,036,394 |