Mercy Health Foundation Oklahoma City is located in Oklahoma City, OK. The organization was established in 1946. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Health Foundation Oklahoma City 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 06/2022, Mercy Health Foundation Oklahoma City generated $17.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mercy Health Foundation Oklahoma City has awarded 15 individual grants totaling $13,748,594. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS THE SISTERS OF MERCY BEFORE US, WE BRING TO LIFE THE HEALING MINISTRY OF JESUS THROUGH OUR COMPASSIONATE CARE AND EXCEPTIONAL SERVICE.
Describe the Organization's Program Activity:
MERCY HEALTH FOUNDATION OKLAHOMA CITY IS A NOT-FOR-PROFIT CORPORATION CREATED TO ENHANCE, THROUGH PHILANTHROPY, THE QUALITY OF CARE AND SERVICES PROVIDED BY MERCY HOSPITAL OKLAHOMA CITY IN OKLAHOMA. THIS OBJECTIVE IS ACCOMPLISHED BY RAISING REVENUE FROM A VARIETY OF SOURCES INCLUDING DONATIONS. THE GOAL OF THE FOUNDATION IS TO SEEK, ACQUIRE, ACCEPT, HOLD, INVEST, RE-INVEST, AND ADMINISTER ANY GIFTS, BEQUESTS, DEVISES, BENEFITS OF TRUST, AND PROPERTY TO USE AND DISBURSE INCOME AND PRINCIPAL THEREOF FOR THE BENEFIT OF MERCY OKLAHOMA CITY INSTITUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brou Barbara Board Member | Trustee | 1 | $0 |
Brown Kathy Board Member | Trustee | 1 | $0 |
Cardenas Joe Board Member | Trustee | 1 | $0 |
Cooper Terri Board Member | Trustee | 1 | $0 |
Croasdale Sarah Board Member | Trustee | 1 | $0 |
Cudjo Richard Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $541,330 |
Related organizations | $2,108,304 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,741,938 |
Noncash contributions included in lines 1a–1f | $75,648 |
Total Revenue from Contributions, Gifts, Grants & Similar | $17,391,572 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$497 |
Net Income from Fundraising Events | -$104,279 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,286,796 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $292,422 |
Grants and other assistance to domestic individuals. | $85,334 |
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 | $1,543,709 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $358,504 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,314 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $177 |
Advertising and promotion | $5,107 |
Office expenses | $43,885 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $265 |
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 | $19,058 |
Total functional expenses | $2,486,907 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $245,734 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $19,925,015 |
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 | $165,297 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $16,931,309 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,279,901 |
Total assets | $44,547,256 |
Accounts payable and accrued expenses | $19,288 |
Grants payable | $0 |
Deferred revenue | $292,408 |
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 | $311,696 |
Net assets without donor restrictions | $1,645,570 |
Net assets with donor restrictions | $42,589,990 |
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 | $44,547,256 |
Over the last fiscal year, Mercy Health Foundation Oklahoma City has awarded $229,101 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
MERCY CLINIC OKC PURPOSE: SUPPORT MISSION OF ORGANIZATION | $5,400 |
MERCY HOSPITAL OKLAHOMA CITY PURPOSE: CAPITAL SUPPORT; SUPPORT MISSION | $203,701 |
MERCY MEDICAL RESEARCH PURPOSE: SUPPORT MISSION OF ORGANIZATION | $20,000 |