Iowa Health Foundation
- Assets
- $224.2m
- Revenue
- $32.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 42-1467682
Organization Overview
Iowa Health Foundation, operating under the name Unitypoint Health-Des Moines Foundation, is located in Des Moines, IA. The organization was established in 1999. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Unitypoint Health-Des Moines 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 12/2021, Unitypoint Health-Des Moines Foundation generated $32.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $14.5m during the year ending 12/2021. While expenses have increased by 6.9% 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 2014, Unitypoint Health-Des Moines Foundation has awarded 27 individual grants totaling $71,682,340. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE HEALTH OF OUR COMMUNITIES THROUGH PHILANTHROPY, SERVICE AND VOLUNTEERISM.
Describe the Organization's Program Activity:
GRANTS, ALLOCATIONS AND PROGRAM SUPPORTIOWA HEALTH FOUNDATION'S PURPOSE IS TO RAISE FUNDS TO MAINTAIN, DEVELOP, INCREASE AND EXTEND THE FACILITIES AND SERVICES OF CENTRAL IOWA HOSPITAL CORPORATION, UNITYPOINT AT HOME, IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION, AND IOWA HEALTH SYSTEM IN DES MOINES, IA, AND TO PROVIDE BROADER HOSPITAL, MEDICAL AND EDUCATIONAL SERVICE OPPORTUNITIES TO ITS PATIENTS AND THEIR FAMILIES, STAFF, AND RESIDENTS OF THE GEOGRAPHICAL AREA IT SERVES. IT SUPPORTS THE MISSIONS OF THESE ENTITIES BY RAISING FINANCIAL CONTRIBUTIONS AND INVESTING THE PROCEEDS.THE GRANT ALLOCATIONS AND PROGRAM SUPPORT SERVICES INCLUDE:- CONTRIBUTIONS TO CENTRAL IOWA HOSPITAL CORPORATION, UNITYPOINT AT HOME AND IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION FOR CAPITAL AND EQUIPMENT PURCHASES, RESEARCH, PATIENT ASSISTANCE, EDUCATION, AND PROGRAM AND GENERAL OPERATING EXPENSES.- SCHOLARSHIPS AWARDED TO INDIVIDUALS PURSUING NURSING AND OTHER MEDICAL EDUCATION.- GRANTS AWARDED TO EMPLOYEES IN CRISIS ASSOCIATED WITH CENTRAL IOWA HOSPITAL CORPORATION.- GRANTS TO LOCAL HEALTH COMMUNITIES ASSOCIATED WITH CENTRAL IOWA HOSPITAL CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Houser Bd Member To 0421 Board Treasurer (fr 04/21) | OfficerTrustee | 1 | $0 |
Rose Mitchell Board Vice Chair | OfficerTrustee | 1 | $0 |
Rick Pertzborn Board Chair | OfficerTrustee | 1 | $0 |
David Stark Board Member/ceo | OfficerTrustee | 1 | $0 |
Rod Warren Board Treasurer (to 04/21) | OfficerTrustee | 1 | $0 |
Georgia Van Gundy Board Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edwards Graphic Arts Inc Marketing Communication Services | 12/30/21 | $174,342 |
Premium Solutions Marketing Communication Services | 12/30/21 | $131,640 |
Global Spectrum Lp Event Venue | 12/30/21 | $124,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,366,801 |
| Related organizations | $214,750 |
| Government grants | $603,452 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,613,568 |
| Noncash contributions included in lines 1a–1f | $1,578,023 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,798,571 |
| Total Program Service Revenue | $88,194 |
| Investment income | $3,542,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,641,580 |
| Net Income from Fundraising Events | -$180,406 |
| Net Income from Gaming Activities | $862 |
| Net Income from Sales of Inventory | $18,858 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,909,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,988,198 |
| Grants and other assistance to domestic individuals. | $62,205 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $482,260 |
| Compensation of current officers, directors, key employees. | $166,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,166,235 |
| Pension plan accruals and contributions | $54,900 |
| Other employee benefits | $79,575 |
| Payroll taxes | $71,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $134,929 |
| Fees for services: Investment Management | $1,903,725 |
| Fees for services: Other | $210,695 |
| Advertising and promotion | $16,498 |
| Office expenses | $67,730 |
| Information technology | $32,336 |
| Royalties | $0 |
| Occupancy | $55,160 |
| Travel | $21,404 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,904 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $880 |
| Insurance | $0 |
| All other expenses | $104,287 |
| Total functional expenses | $14,497,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,631,042 |
| Savings and temporary cash investments | $310,318 |
| Pledges and grants receivable | $4,961,618 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,785 |
| Inventories for sale or use | $65,809 |
| Prepaid expenses and deferred charges | $119,781 |
| Net Land, buildings, and equipment | $4,657 |
| Investments—publicly traded securities | $209,025,525 |
| Investments—other securities | $0 |
| Investments—program-related | $7,995,812 |
| Intangible assets | $0 |
| Other assets | $28,423 |
| Total assets | $224,193,770 |
| Accounts payable and accrued expenses | $300,227 |
| Grants payable | $0 |
| Deferred revenue | $59,617 |
| 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 | $8,135,072 |
| Total liabilities | $8,494,916 |
| Net assets without donor restrictions | $151,245,296 |
| Net assets with donor restrictions | $64,453,558 |
| 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 | $224,193,770 |
Grants Awarded
Over the last fiscal year, Iowa Health Foundation has awarded $9,988,198 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Des Moines, IA PURPOSE: PROGRAM SUPPORT | $9,658,037 |
West Des Moines, IA PURPOSE: PROGRAM SUPPORT | $214,651 |
West Des Moines, IA PURPOSE: PROGRAM SUPPORT | $58,972 |
Des Moines, IA PURPOSE: PROGRAM SUPPORT | $24,243 |
YOUNKER REHAB THERAPY SERVICES LLC PURPOSE: PROGRAM SUPPORT | $22,295 |
Des Moines, IA PURPOSE: PROGRAM SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 36 grants that Iowa Health Foundation has recieved totaling $1,388,047.
| Awarding Organization | Amount |
|---|---|
Prairie Meadows Race Track & Casino Inc Altoona, IA PURPOSE: STAR & Developmental Center Expansion Project | $225,000 |
Variety The Childrens Charity Of Iowa Des Moines, IA PURPOSE: Variety NICU | $143,840 |
W T And Edna Dahl Trust Des Moines, IA PURPOSE: SUPPORT FOR THE STAR CENTER | $125,000 |
George F Murphy Tuw Las Vegas, NV PURPOSE: PHYSICAL THERAPY REHABILITATION | $125,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $119,100 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $105,655 |
Endowment Analysis
| Beg. Balance | $145,587,508 |
| Earnings | $18,421,335 |
| Net Contributions | $4,581,432 |
| Grants | $2,406,977 |
| Ending Balance | $166,183,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Community Healthcare Arlington Heights, IL | $634,169,512 | $38,406,845 |
Anderson Healthcare Maryville, IL | $41,437,636 | $29,425,681 |
Advocate Charitable Foundation Downers Grove, IL | $200,973,412 | $44,400,105 |
Gundersen Lutheran Medical Foundation Inc La Crosse, WI | $92,389,553 | $52,203,030 |
Childrens Health Care Foundation Minneapolis, MN | $90,729,243 | $25,438,436 |
Hospital Sisters Of St Francis Foundation Inc Springfield, IL | $115,855,911 | $14,666,018 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Iowa Health Foundation Des Moines, IA | $224,193,770 | $32,909,877 |
Great River Health System Inc West Burlington, IA | $45,236,336 | $11,348,232 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Clarkson Regional Health Services Inc Omaha, NE | $904,409,181 | $106,113,529 |
Mercy Foundation Of Des Moines Iowa Des Moines, IA | $72,079,814 | $11,993,555 |