Margaret Mary Health Foundation Inc
- Assets
- $6.2m
- Revenue
- $966.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, IN
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 45-5039355
Organization Overview
Margaret Mary Health Foundation Inc is located in Batesville, IN. The organization was established in 2013. 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. Margaret Mary Health 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 12/2021, Margaret Mary Health Foundation Inc generated $966.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $287.6k during the year ending 12/2021. While expenses have increased by 0.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE COMMUNITY HEALTH AND WELLNESS THROUGH PHILANTHROPY AND SUPPORT OF MARGARET MARY HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARGARET MARY HEALTH FOUNDATION (THE FOUNDATION) IS A HOSPITAL FOUNDATION WHOSE PRIMARY ACTIVITY WILL BE TO PROVIDE PHILANTHROPIC SUPPORT FOR PROJECTS, PROGRAMS, EQUIPMENT, SERVICES, AND/OR INITIATIVES OF MARGARET MARY HEALTH (THE HOSPITAL). DURING THE YEAR THE FOUNDATION PROVIDED GRANTS TO ALLOW MARGARET MARY HEALTH TO PROVIDE CERTIFICATION FOR HOSPICE NURSES, FOOD FOR A COVID CLINIC, A DESIGN CONSULTATION FOR THE REFLECTION GARDEN, NURSES TO BE CERTIFIED LACTATION CONSULTANTS, A SENSORY INTEGRATION ROOM IN OUR REHABILITATION CENTER AND FOUR NEW IPADS FOR THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Hillenbrand II Board Chair | OfficerTrustee | 2 | $0 |
George E Junker II Secretary/ Treasurer | OfficerTrustee | 2 | $0 |
Robert Walsman Board Vice Chair | OfficerTrustee | 2 | $0 |
Mary Dickey Exec. Director-Term Ended Oct'21 | Officer | 40 | $0 |
Jonathon Maple Exec. Director-Term Began Jul'21 | Officer | 40 | $0 |
Diane Bohman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,455 |
| Related organizations | $292,064 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $729,129 |
| Total Program Service Revenue | $0 |
| Investment income | $221,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,409 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $966,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,969 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,633 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,062 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,698 |
| Fees for services: Accounting | $3,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,066 |
| Advertising and promotion | $21,954 |
| Office expenses | $6,841 |
| Information technology | $8,280 |
| Royalties | $0 |
| Occupancy | $74 |
| Travel | $1,658 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $19,684 |
| Total functional expenses | $287,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,243 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $115,500 |
| 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 | $5,838,109 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,243,852 |
| Accounts payable and accrued expenses | $104,230 |
| 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 | $0 |
| Total liabilities | $104,230 |
| Net assets without donor restrictions | $4,825,273 |
| Net assets with donor restrictions | $1,314,349 |
| 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 | $6,243,852 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Margaret Mary Health Foundation Inc has recieved totaling $42,754.
| Awarding Organization | Amount |
|---|---|
William A & Martha H Hillenbrand Foundation Batesville, IN PURPOSE: OPERATING BUDGET | $25,000 |
Franklin County Community Foundation Inc Brookville, IN PURPOSE: GENERAL SUPPORT, GENERAL PASS THROUGH, AND HELPING WITH FUNDING FOR THE TELE HEALTH IN SCHOOLS | $10,500 |
The@frederick W And Jolene Edmunds Rockwood Family Foundation Batesville, IN PURPOSE: CHARITABLE | $7,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $175 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $79 |
Endowment Analysis
| Beg. Balance | $1,238,278 |
| Net Contributions | $131,137 |
| Other Expense | $55,066 |
| Ending Balance | $1,314,349 |
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 |
Kosair Charities Committee Inc Louisville, KY | $326,895,406 | $23,053,795 |
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
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 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |