Digestive Health Foundation
- Assets
- $9.8m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 09/2015
- Data as of
- 08/2023
- EIN
- 47-4178944
Organization Overview
Digestive Health Foundation is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 08/2023, Digestive Health Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digestive Health 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 08/2023, Digestive Health Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.5m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FUND MEDICAL RESEARCH & EDUCATIONAL PROGRAMMING OF THE NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER THROUGH FUNDING MEDICAL RESEARCH AND EDUCATIONAL PROGRAMMING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Rosenbloom Chair | OfficerTrustee | 2 | $0 |
Diane Saltoun Vice Chair | OfficerTrustee | 2 | $0 |
Richard Moras Treasurer | OfficerTrustee | 2 | $0 |
Sharon Oberlander Secretary | OfficerTrustee | 2 | $0 |
Lee A Gould Past President | OfficerTrustee | 1 | $0 |
Jayne R Hanauer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,614,602 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,032,503 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,647,105 |
| Total Program Service Revenue | $0 |
| Investment income | $498,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$110,233 |
| Net Income from Fundraising Events | -$297,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,738,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,282,835 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $74,182 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $394 |
| Payroll taxes | $6,690 |
| Fees for services: Management | $21,402 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,118 |
| Advertising and promotion | $26,966 |
| Office expenses | $23,148 |
| Information technology | $880 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,664 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,521 |
| All other expenses | $0 |
| Total functional expenses | $1,540,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,210,751 |
| Savings and temporary cash investments | $0 |
| 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 | $17,000 |
| Net Land, buildings, and equipment | $2,215 |
| Investments—publicly traded securities | $5,561,993 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,791,959 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $575,246 |
| 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 | $575,246 |
| Net assets without donor restrictions | $3,537,384 |
| Net assets with donor restrictions | $5,679,329 |
| 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 | $9,791,959 |
Grants Awarded
Over the last fiscal year, Digestive Health Foundation has awarded $1,282,835 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FEINBERG SCHOOL OF MEDICINE PURPOSE: TO SUPPORT EDUCATION AND RESEARCH FOR NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER. | $1,182,835 |
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: TO SUPPORT EDUCATION AND RESEARCH FOR NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER. | $100,000 |