Mercy Health Foundation Ada

Organization Overview

Mercy Health Foundation Ada is located in Ada, OK. The organization was established in 0000. 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 Ada 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 06/2020, Mercy Health Foundation Ada generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.3m during the year ending 06/2020. While expenses have increased by 13.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

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:

Part 3 - Line 4a

MERCY HEALTH FOUNDATION ADA IS ORGANIZED AND OPERATED FOR THE BENEFIT OF MERCY HOSPITAL ADA (THE SUPPORTED ORGANIZATION), AN ORGANIZATION THAT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS, AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF HEALTH AND PREVENTION OF DISEASE.DONATIONS ARE MADE TO MERCY HEALTH FOUNDATION ADA TO SUPPORT THE PROVISION OF CHARITY CARE TO PATIENTS OF MERCY HOSPITAL ADA, CAPITAL NEEDS AND PROGRAMS IDENTIFIED TO BENEFIT PATIENTS CARED FOR AT MERCY HOSPITAL ADA.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,120,885
Investment income $20,621
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$342
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,141,164

Grants Awarded

Over the last fiscal year, Mercy Health Foundation Ada has awarded $1,118,185 in support to 2 organizations.

Grant RecipientAmount

MERCY HOSPITAL ADA

Org PageRecipient Profile

Ada, OK

PURPOSE: CHARITABLE SUPPORT

$1,097,600

MERCY ORTHO SURGERY (MERCY CLINIC OK COMMUNITIES)

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: CHARITABLE SUPPORT

$20,585
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mercy Health Foundation Ada has recieved totaling $56,755.

Awarding OrganizationAmount
Southern Oklahoma Memorial Foundation Inc

Ardmore, OK

PURPOSE: GRANT - TISHOMINGO PULMONARY REHAB PRGM EQUIP

$51,755
Oge Energy Foundation Inc

Oklahoma City, OK

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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