Mayo Clinic Health System-Franciscan Healthcare Foundation Inc is located in La Crosse, WI. Mayo Clinic Health System-Franciscan Healthcare 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ORGANIZATIONS OF FRANCISCAN HEALTHCARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OMAYO CLINIC HEALTH SYSTEM-FRANCISCAN HEALTHCARE FOUNDATION, INC. IS A PART OF THE MAYO CLINIC HEALTH SYSTEM. MAYO CLINIC HEALTH SYSTEM IS A FAMILY OF CLINICS, HOSPITALS AND HEALTH CARE FACILITIES SERVING COMMUNITIES IN MINNESOTA, IOWA, WISCONSIN AND GEORGIA. AS PART OF MAYO CLINIC, THE HEALTH SYSTEM OFFERS CARE DESIGNED FOR THE WHOLE BODY CLOSE TO THE PATIENT'S HOME, WHEN THEY NEED IT. A MULTIDISCIPLINARY TEAM OF EXPERTS HAS READY ACCESS TO KNOWLEDGE, RESOURCES, AND EXPERTISE OF MAYO CLINIC AND COLLABORATES ON PROVIDING EXACTLY THE CARE THE PATIENT NEEDS. MAYO CLINIC HEALTH SYSTEM SITES EMPLOY APPROXIMATELY 1,000 PHYSICIANS AND 15,000 ALLIED HEALTH STAFF. IN ADDITION, MAYO CLINIC PHYSICIANS FROM MULTIPLE SPECIALTIES REGULARLY SEE PATIENTS AT HEALTH SYSTEM FACILITIES. BESIDES HAVING HEALTH CARE FACILITIES IN MORE THAN 60 COMMUNITIES, MAYO CLINIC HEALTH SYSTEM INCLUDES 19 OWNED HOSPITALS, TWO OWNED NURSING HOMES, PHYSICIAN SERVICE AGREEMENTS WITH ONE ADDITIONAL HOSPITAL, AND CONTRACT MANAGEMENT AGREEMENTS WITH TWO ADDITIONAL HOSPITALS AND ONE NURSING HOME. SINCE ITS INCEPTION IN 1992, MAYO CLINIC HEALTH SYSTEM HAS GROWN INTO ONE OF THE MOST SUCCESSFUL REGIONAL HEALTH CARE SYSTEMS IN THE UNITED STATES. MORE THAN 600,000 UNIQUE PATIENTS ACCOUNT FOR MORE THAN 2.6 MILLION VISITS ANNUALLY IN MAYO CLINIC HEALTH SYSTEM. IT IS ALSO A NATIONAL LEADER IN QUALITY AND SAFETY EFFORTS.THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF MAYO CLINIC HEALTH SYSTEM-FRANCISCAN MEDICAL CENTER, INC. (FMCI), AND ANY TAX EXEMPT AFFILIATED OR SUBSIDIARY ENTITY OF FMCI; TO SOLICIT AND RECEIVE GIFTS, GRANTS AND CONTRIBUTIONS FOR AND ON BEHALF OF FMCI, AND ANY TAX EXEMPT AFFILIATED OR SUBSIDIARY ENTITY OF FMCI; AND TO SUPPORT THEIR CHARITABLE PROGRAMS AND RELATED ACTIVITIES THROUGH THE EXPENDITURE OF FUNDS RECEIVED AND INCOME THEREON OR DISTRIBUTION OF OTHER PROPERTY RECEIVED. THE CORPORATIONS' EXPENDITURES SHALL BE FOR (A) THE PURCHASE, LEASE RENOVATION, OR MODERNIZATION OF BUILDINGS, FURNITURE, FIXTURES, AND EQUIPMENT, (B) EDUCATIONAL PROGRAMS, AND (C) IN ALL OTHER WAYS AIDING AND SUPPORTING TAX EXEMPT HEALTH ORGANIZATIONS AND THEIR RELATED ACTIVITIES IN THE COUNTY AND SURROUNDING COUNTIES OF LA CROSSE, WISCONSIN INCLUDING THOSE LOCATED IN MINNESOTA AND IOWA. IN THE PAST YEAR GRANTS WERE AWARDED TO SUPPORT NUMEROUS FMCI PROGRAMS AND SERVICES INCLUDING DIABETES, CANCER, NEWBORN CENTER, INTERNAL MEDICINE, BEHAVIORAL HEALTH, CARDIOLOGY, FAMILY PRACTICE, CARDIAC CARE, FAMILY BIRTHPLACE, INTENSIVE CARE, WOMEN'S HEALTH, ELDER CARE AND EMERGENCY CARE. GRANTS WERE ALSO PROVIDED TO GERARD HALL, HOSPICE, ST. CLARE HEALTH MISSION, SPIRITUAL CARE AND OTHER PROGRAMS; PATIENTS AND FAMILIES THROUGH THE THUNDER RIDE, OASIS, ST. FRANCIS AND DANNY MITBY FUNDS; STAFF EDUCATION AND MEDICAL RESEARCH; FACILITIES AND EQUIPMENT; AND SUPPORT OF COMMUNITY INITIATIVES INCLUDING FINANCIAL ASSISTANCE TO NON-PROFIT ORGANIZATIONS FOR THE PURCHASE OF AUTOMATIC EXTERNAL DEFIBRILLATORS. ALTHOUGH WE BELIEVE FUNDRAISING TO BE ONE OF OUR PROGRAM SERVICES, THE COSTS DIRECTLY ASSOCIATED WITH FUNDRAISING EFFORTS ARE REPORTED SEPARATELY IN AN EFFORT TO PROVIDE PROSPECTIVE DONORS WITH THE INFORMATION NECESSARY TO MAKE INFORMED PHILANTHROPIC DECISIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bear Kurtis Vice Chair/director | OfficerTrustee | 1 | $0 |
Borsheim Paul Chair/director | OfficerTrustee | 1 | $0 |
Johnson MD Timothy J President/director | OfficerTrustee | 1 | $0 |
Kratt Luanne Secretary/chair | OfficerTrustee | 1 | $0 |
Kruse Joseph J Cao/director | OfficerTrustee | 1 | $0 |
Gasterland Rita Treasurer/director | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $77,583 |
Related organizations | $636,009 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $140 |
Noncash contributions included in lines 1a–1f | $20,969 |
Total Revenue from Contributions, Gifts, Grants & Similar | $713,732 |
Total Program Service Revenue | $0 |
Investment income | $1,188,540 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,539 |
Net Income from Gaming Activities | $2,227 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,909,038 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,078,008 |
Grants and other assistance to domestic individuals. | $80,923 |
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 | $311,832 |
Advertising and promotion | $0 |
Office expenses | $14,637 |
Information technology | $684 |
Royalties | $0 |
Occupancy | $16,429 |
Travel | $2,314 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,462 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,520,682 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $25,000 |
Accounts receivable, net | $140,797 |
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 | $11,295,429 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,191,782 |
Total assets | $24,653,008 |
Accounts payable and accrued expenses | $28,412 |
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 | $418,029 |
Total liabilities | $446,441 |
Unrestricted restricted net Assets | $5,851,660 |
Temporarily restricted net Assets | $3,979,501 |
Permanently restricted net Assets or current funds | $14,375,406 |
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 | $24,206,567 |
Over the last fiscal year, we have identified 1 grants that Mayo Clinic Health System-Franciscan Healthcare Foundation Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
John & Kathy Reinhart Family Foundation Inc La Crosse, WI PURPOSE: GENERAL PROGRAM SUPPORT | $15,000 |
Beg. Balance | $14,375,405 |
Earnings | $570,419 |
Other Expense | $570,419 |
Ending Balance | $14,375,405 |
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 |
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 |
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |