Ascension Genesys Foundation
- Assets
- $7.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 38-3591148
Organization Overview
Ascension Genesys Foundation is located in St Louis, MO. The organization was established in 2001. 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 Genesys 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 06/2021, Ascension Genesys Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $474.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ascension Genesys Foundation has awarded 18 individual grants totaling $3,575,017. 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
TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR GENESYS 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
SERVING THE COMMUNITY AND BUILDING THE FUTURE OF HEALTH CARE. BY WORKING TOGETHER, PEOPLE CHANGE AND IMPROVE THE WORLD AROUND THEM. THIS HAPPENS EVERY DAY AT THE ASCENSION GENESYS FOUNDATION AS WE GENERATE AND ADMINISTER ALL CHARITABLE GIFTS FOR ASCENSION GENESYS HOSPITAL. WHO WE ARE... ASCENSION GENESYS FOUNDATION IS A SUPPORTING FOUNDATION TO ASCENSION GENESYS HOSPITAL. A PRIVATE-NONPROFIT 501 (C) (3) ORGANIZATION, IT IS RESPONSIBLE FOR GENERATING AND ADMINISTERING CHARITABLE GIFTS, GRANTS, DONATIONS AND EVENTS. WHAT WE DO... ALL CHARITABLE GIFT INCOME IS DIRECTED TO ADDRESS A BROAD RANGE OF HEALTHCARE NEEDS. IT ENABLES ASCENSION GENESYS TO DEVELOP PROGRAMS AND SERVICES TAILORED TO THOSE SERVED, AND IMPROVE ACCESS TO HEALTHCARE FOR THOSE WHO ARE UNDERSERVED. THE IMPACT WE MAKE... THROUGH THE ASCENSIONS GENESYS FOUNDATION, INDIVIDUALS, BUSINESSES, FOUNDATIONS AND OTHER ORGANIZATIONS ARE ABLE TO MAKE GIFTS AND BEQUESTS TO BENEFIT THE PROGRAMS AND SERVICES OF ASCENSION GENESYS HOSPITAL. EACH INDIVIDUAL DONATION HAS THE POWER TO HEAL. BUT TOGETHER, WE MAKE A PROFOUND IMPACT ON OUR MISSION FOR COMMUNITY HEALTH IMPROVEMENT BY * PROTECTING CHILDREN AND ADULTS FROM DISEASE AND VIOLENCE * IMPROVING ACCESS TO HEALTH CARE SERVICES FOR THOSE WHO ARE UNINSURED AND UNDERSERVED * PROVIDING LOCAL ACCESS TO SOME OF MICHIGAN'S FINEST MEDICAL STAFF AND LIFE-SAVING TECHNOLOGIES * TRANSFORMING PATIENT CARE TO IMPROVE HEATH OUTCOMES, IMPROVE THE PATIENT EXPERIENCE OF CARE, AND LOWER COSTS THROUGH THE DELIVERY OF HOLISTIC, REVERENT CARE, ESPECIALLY TO THE POOR AND VULNERABLE. DUE TO COVID, ASCENSION GENESYS FOUNDATION EXPANDED ITS ASSOCIATE HARDSHIP PROGRAM, WHILE RAISING PROCEEDS TO SUPPORT ASCENSION GENESYS CAPITAL EQUIPMENT AND PROGRAM NEEDS SPECIFIC TO THE PARKINSON'S AND DIABETES PROGRAMS. 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 FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director (start 9/2020) | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,472 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $380,832 |
| Total Program Service Revenue | $0 |
| Investment income | $672,723 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $5,103 |
| Net Income from Gaming Activities | $3,781 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,062,439 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $106,311 |
| Grants and other assistance to domestic individuals. | $12,102 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,276 |
| Information technology | $31 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $87 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,329 |
| Insurance | $0 |
| All other expenses | $950 |
| Total functional expenses | $474,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,759 |
| Pledges and grants receivable | $7,173 |
| 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 | $4,268 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,592,939 |
| Total assets | $7,629,139 |
| 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 | $42,270 |
| Total liabilities | $42,270 |
| Net assets without donor restrictions | $3,590,655 |
| Net assets with donor restrictions | $3,996,214 |
| 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 | $7,629,139 |
Grants Awarded
Over the last fiscal year, Ascension Genesys Foundation has awarded $106,311 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GENERAL SUPPORT | $71,394 |
Flint, MI PURPOSE: SUPPORT VETERAN HEALTH NAVIGATION SERVICES | $18,033 |
BEECHER BALLENGER SERVICES INC AND SUBSIDIARIES PURPOSE: GENERAL SUPPORT | $16,884 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ascension Genesys Foundation has recieved totaling $18,055.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Flint Flint, MI PURPOSE: Program and/or Operational Support | $9,555 |
Credit Unions Chartered In The State Of Michigan Flint, MI PURPOSE: CHARITABLE CONTRIBUTION | $8,500 |
Endowment Analysis
| Beg. Balance | $1,083,362 |
| Earnings | -$14,136 |
| Net Contributions | $337,227 |
| Ending Balance | $1,406,453 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Baptist Health Services Little Rock, AR | $51,469,112 | $76,869,884 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Mountaire Employees Medical Benefit Trust Little Rock, AR | $4,300,671 | $51,578,567 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |