Aspirus Stevens Point Hospital Foundation Inc
- Assets
- $7.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 39-1657410
Organization Overview
Aspirus Stevens Point Hospital Foundation Inc is located in Wausau, WI. The organization was established in 1946. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Aspirus Stevens Point Hospital 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 06/2021, Aspirus Stevens Point Hospital Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $651.7k during the year ending 06/2021. While expenses have increased by 5.8% per year over the past 6 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, Aspirus Stevens Point Hospital Foundation Inc has awarded 19 individual grants totaling $3,195,095. 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 ASCENSION ST. MICHAEL'S HOSPITAL, INC., 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
ASCENSION ST. MICHAEL'S HOSPITAL FOUNDATION, INC. SERVES AS THE PHILANTHROPIC ARM OF THE HOSPITAL AND OBTAINS FINANCIAL SUPPORT FROM RAISING PRIVATE DONATIONS TO FUND HEALTHCARE NEEDS WITHIN ASCENSION ST. MICHAEL'S HOSPITAL AND CLINICS. ON AN ANNUAL BASIS, THE FOUNDATION HOSTS FUNDRAISING EVENTS, INITIATES CAMPAIGNS AND DIRECT MAIL SOLICITATIONS, AND WORKS WITH LOCAL CORPORATE PARTNERS TO RAISE FUNDS. IN OUR EFFORTS TO SUPPORT INPATIENT AND OUTPATIENT CARE AT ASCENSION ST. MICHAEL'S, THE FOUNDATION IDENTIFIES FUNDRAISING PRIORITIES DESIGNED TO ENHANCE SERVICES LINE PROGRAMMING AND ADDRESS UNIQUE HEALTHCARE NEEDS OF PORTAGE COUNTY. 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.
ONCOLOGY WHEN ST. MICHAEL'S HOSPITAL OPENED THE DOORS AT THE CANCER CENTER FOR MEDICAL ONCOLOGY AND RADIATION ONCOLOGY SERVICES IN 1999, THE FOUNDATION CREATED THE FIRST WIG GIFTING PROGRAM DESIGNED TO SUPPORT PATIENTS EXPERIENCING HAIR LOSS FROM TREATMENT. SINCE THEN, THE PROGRAM HAS EVOLVED INTO THE FOUNDATION'S ONCOLOGY FUND WHICH SUPPORTS PROGRAMS, SERVICES AND INITIATIVES TO BENEFIT THE LIVES OF CANCER PATIENTS, SUCH AS: WIGS, HATS, GAS CARDS, BLANKETS, EDUCATIONAL MATERIALS AND SERVICES THAT IMPROVE PATIENT EXPERIENCE. IN FEBRUARY OF 2017, THE CANCER CENTER BECAME A FULLY INTEGRATED ASCENSION DEPARTMENT AT ST. MICHAEL'S HOSPITAL AND BRINGS TOGETHER A DIVERSE TEAM OF EXPERIENCED DOCTORS, INCLUDING SURGEONS AND ONCOLOGISTS. THEY ARE COMMITTED TO HELPING PATIENTS UNDERSTAND THEIR PARTICULAR TYPE OF CANCER AND HOW IT CAN BE TREATED, WHILE CREATING A CUSTOMIZED CARE PLAN.
BEHAVIORAL HEALTH PORTAGE COUNTY, LIKE MANY COMMUNITIES, STRUGGLE WITH MENTAL WELLNESS, WHILE RECOGNIZING HOW ESSENTIAL MENTAL HEALTH IS TO PERSONAL WELL-BEING, FAMILY AND INTERPERSONAL RELATIONSHIPS. IT IMPACTS HOW WE AS INDIVIDUALS ENGAGE OR CONTRIBUTE TO OUR COMMUNITY AND OUR SOCIETY. THE FOUNDATION CREATED THE BEHAVIORAL HEALTH FUND TO SUPPORT ASCENSION ST. MICHAEL'S COMMITMENT TO TREATING BOTH BODY AND MIND. THE FUND SUPPORTS MENTAL HEALTH AWARENESS AND SUICIDE PREVENTION, PROVIDES RESOURCES AND FUNDS FOR PROJECTS AND PROGRAMS THAT OFFER EFFECTIVE TREATMENT, AND SUPPORTS ASCENSION BEHAVIORAL AND MENTAL HEALTH SPECILATY CARE. ASCENSION ST. MICHAEL'S OFFERS INPATIENT, OUTPATIENT, AND AFTERCARE TREATMENT PROGRAMS FOR ALL AGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,896 |
| Related organizations | $96,843 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $427,680 |
| Total Program Service Revenue | $0 |
| Investment income | $676,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,911 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,089,657 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $267,361 |
| Grants and other assistance to domestic individuals. | $25,879 |
| 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 | $17,386 |
| Office expenses | $4,571 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $252 |
| 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 | $6,142 |
| Total functional expenses | $651,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,611,933 |
| 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 | $6,176,401 |
| Total assets | $7,788,334 |
| Accounts payable and accrued expenses | $6,662 |
| 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 | $41,854 |
| Total liabilities | $48,516 |
| Net assets without donor restrictions | $542,306 |
| Net assets with donor restrictions | $7,197,512 |
| 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 | $7,788,334 |
Grants Awarded
Over the last fiscal year, Aspirus Stevens Point Hospital Foundation Inc has awarded $256,962 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Wausau, WI PURPOSE: GENERAL SUPPORT | $213,652 |
Stevens Point, WI PURPOSE: MENTAL HEALTH NAVIGATOR PROGRAM | $30,000 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $13,310 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Aspirus Stevens Point Hospital Foundation Inc has recieved totaling $107,893.
| Awarding Organization | Amount |
|---|---|
Columbia St Marys Foundation Inc St Louis, MO PURPOSE: General Support | $96,843 |
Delta Dental Of Wisconsin Inc Stevens Point, WI PURPOSE: Annual support for programs within the hospital to improve health and wellness and uninsured | $10,500 |
Woodtrust Charitable Foundation Inc Wisconsin Rapids, WI PURPOSE: FUNDRAISING SPONSORSHIP | $550 |
Endowment Analysis
| Beg. Balance | $3,377,259 |
| Earnings | $522,284 |
| Net Contributions | $12,409 |
| Other Expense | $15,492 |
| Ending Balance | $3,896,460 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Foundation For Southeast Michigan Detroit, MI | $1,124,768,291 | $250,946,101 |
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Battle Creek Community Foundation Battle Creek, MI | $135,380,333 | $32,635,612 |
Kalamazoo Community Foundation Kalamazoo, MI | $677,092,659 | $78,067,850 |
Grand Rapids Community Foundation Grand Rapids, MI | $425,971,455 | $49,247,168 |
Catholic Community Foundation Of Minnesota St Paul, MN | $510,001,439 | $72,097,381 |