Saint Francis Medical Center Foundation
- Assets
- $19.3m
- Revenue
- $1.3m
- Investments
- $19.0m
- Employees
- 0
- Location
- Grand Island, NE
- Founding
- 06/1983
- Data as of
- 06/2020
- EIN
- 47-0630267
Organization Overview
Saint Francis Medical Center Foundation is located in Grand Island, NE. The organization was established in 1983. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Saint Francis Medical Center 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 06/2020, Saint Francis Medical Center Foundation generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $807.0k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Saint Francis Medical Center Foundation has awarded 34 individual grants totaling $3,321,805. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT SAINT FRANCIS MEDICAL CENTER'S MISSION; TO SOLICIT AND MANAGE FUNDS FROM PUBLIC AND PRIVATE SOURCES; TO SUPPORT HOSPITAL PROGRAMS; TO COLLABORATE WITH THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION'S MISSION, VISION, AND TAX-EXEMPT PURPOSETHE SAINT FRANCIS MEDICAL CENTER FOUNDATION WAS INCORPORATED AS A 501(C)(3), TAX-EXEMPT, CHARITABLE FOUNDATION IN 1980 TO SERVE AS THE OFFICIAL GIFT-RECEIVING AND GIFT-ADMINISTRATION AGENCY FOR SAINT FRANCIS MEDICAL CENTER IN GRAND ISLAND, NEBRASKA. THE HEALTH CARE FOUNDATION WAS ESTABLISHED TO HELP FURTHER THE HOSPITAL'S MISSION OF PROVIDING HEALTH CARE SERVICES TO ALL IN NEED AND IMPROVE THE HEALTH OF THE COMMUNITIES THAT IT SERVES.QUALITATIVE DESCRIPTION OF COMMUNITY BENEFITTHE SAINT FRANCIS MEDICAL CENTER FOUNDATION'S CURRENT STAFF AND VOLUNTEER BOARD OF DIRECTORS RAISE FUNDS THROUGH SPECIAL EVENTS, ANNUAL GIVING, MAJOR GIFTS, PLANNED GIVING, CORPORATE/FOUNDATION GRANTS, AND CAPITAL CAMPAIGNS TO HELP FUND MANY OF THE HEALTH CARE PROGRAMS, PROJECTS, AND COMMUNITY OUTREACH SERVICES OFFERED BY THE HOSPITAL. IN ADDITION, THE FOUNDATION PROVIDES FUNDING FOR NUMEROUS COMMUNITY-SPONSORED PROGRAMS THAT COMPLEMENT THE FOUNDATION'S MISSION AND WORK TOWARD THE CREATION OF HEALTHIER COMMUNITIES.IN FY21 THE SAINT FRANCIS MEDICAL CENTER FOUNDATION DISTRIBUTED $362,396 BACK INTO THE COMMUNITY THROUGH ITS FINANCIAL SUPPORT OF SAINT FRANCIS MEDICAL CENTER, THE PHYSICIAN NETWORK, AND COMMUNITY-SPONSORED PROGRAMS. ADDITIONAL SUPPORT WAS PROVIDED THROUGH IN-KIND AND FIDUCIARY SUPPORT OF COMMUNITY PROJECTS. PROGRAMS SUPPORTED FINANCIALLY INCLUDED THE THIRD CITY COMMUNITY CLINIC, WHICH PROVIDES PRIMARY CARE AND DENTAL CARE TO LOW-INCOME RESIDENTS, SAINT FRANCIS CHILD SAFETY, WHICH PROMOTES USAGE OF CHILD SAFETY SEATS, AND THE STUDENT WELLNESS CENTER, WHICH PROVIDES PRIMARY HEALTH CARE SERVICES TO STUDENTS AT GRAND ISLAND SENIOR HIGH SCHOOL AND WALNUT MIDDLE SCHOOL. IN ADDITION, FUNDS SUPPORT PROJECT CARE, WHICH HELPS SAINT FRANCIS MEDICAL CENTER PATIENTS ADDRESS MEDICAL NEEDS THAT ARE NOT COVERED BY INSURANCE OR EXISTING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Hoos Vice Chair | OfficerTrustee | 1 | $0 |
Travis Turek Secretary/treasurer | OfficerTrustee | 1 | $0 |
Micki Ward Chair | OfficerTrustee | 1 | $0 |
Jeanette Wojtalewicz Interim Ceo, Chi Health | Officer | 1 | $0 |
Nick Otool Interim Cfo, Chi Health | Officer | 1 | $0 |
Kathy Bertolini VP Philanthropy | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,762 |
| Investment income | $372,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $675,150 |
| Net Income from Fundraising Events | -$6,219 |
| Net Income from Gaming Activities | $25,336 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,264,471 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $135,309 |
| 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 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 | $353,745 |
| Advertising and promotion | $0 |
| Office expenses | $1,645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,548 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $627 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $807,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $295,832 |
| 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 |
| Investments—publicly traded securities | $7,170 |
| Investments—other securities | $18,951,712 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,267,832 |
| Accounts payable and accrued expenses | $13,720 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $186,574 |
| Total liabilities | $205,294 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $19,062,538 |
Grants Awarded
Over the last fiscal year, Saint Francis Medical Center Foundation has awarded $349,384 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Island, NE PURPOSE: GENERAL SUPPORT | $191,112 |
Lincoln, NE PURPOSE: GENERAL SUPPORT | $152,200 |
Grand Island, NE PURPOSE: GENERAL SUPPORT | $6,072 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Saint Francis Medical Center Foundation has recieved totaling $162.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $162 |
Endowment Analysis
| Beg. Balance | $1,084,049 |
| Net Contributions | $785,805 |
| Other Expense | $162,762 |
| Ending Balance | $1,707,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Childrens Hospital Colorado Aurora, CO | $82,093,009 | $83,634,680 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |
Evergy Inc Kansas City, MO | $52,468,726 | $27,820,976 |
Operating Engineers Health And Welfare Trust Fund For Colorado Arvada, CO | $27,494,778 | $20,685,381 |
Oklahoma Gas And Electric Company Employees Medical Benefit Trust Des Moines, IA | $55,573 | $22,996,745 |
Motor Car Dealers Assn Of Greater Kansas City Health & Welfare Fund Overland Park, KS | $2,304,856 | $21,574,079 |
Catholic Health Initiatives Colorado Foundation Centennial, CO | $87,057,736 | $22,290,693 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |