Adventhealth Kansas City Foundation
- Assets
- $23.8m
- Revenue
- $8.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Merriam, KS
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 48-0868859
Organization Overview
Adventhealth Kansas City Foundation is located in Merriam, KS. The organization was established in 2019. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Adventhealth Kansas City 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 12/2022, Adventhealth Kansas City Foundation generated $8.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Adventhealth Kansas City Foundation has awarded 16 individual grants totaling $33,655,968. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUNDRAISING FOR TAX-EXEMPT HOSPITAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVEMENTS TO SUPPORT SHAWNEE MISSION MEDICAL CENTER, INC. AND HEALTH CARE NEEDS OF THE COMMUNITY, INCLUDING FUNDRAISING ACTIVITIES AND GRANT REQUEST MONITORING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Jennifer Director | Trustee | 0.2 | $0 |
Bubb MD Stephen Director | Trustee | 0.2 | $0 |
Butler Jr James Director | Trustee | 0.2 | $0 |
Carlsen Edd Charles Director (end 10/22) | Trustee | 0.2 | $0 |
Cline Steve Director (beg 1/22) | Trustee | 0.2 | $0 |
Cole Jr Martin Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,082,097 |
| Related organizations | $288,012 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,476,051 |
| Noncash contributions included in lines 1a–1f | $458,780 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,846,160 |
| Total Program Service Revenue | $0 |
| Investment income | $287,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $80 |
| Net Income from Fundraising Events | -$224,109 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,909,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,523,325 |
| Grants and other assistance to domestic individuals. | $18,258 |
| Grants and other assistance to Foreign Orgs/Individuals | $98,015 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $189,725 |
| 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 | $50,436 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,738 |
| Office expenses | $45,906 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,957 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,055,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,304,678 |
| Savings and temporary cash investments | $3,362,550 |
| Pledges and grants receivable | $1,607,226 |
| 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 | $12,948,850 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $543,435 |
| Total assets | $23,766,739 |
| Accounts payable and accrued expenses | $0 |
| 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 | $333,307 |
| Total liabilities | $333,307 |
| Net assets without donor restrictions | $277,063 |
| Net assets with donor restrictions | $23,156,369 |
| 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 | $23,766,739 |
Grants Awarded
Over the last fiscal year, Adventhealth Kansas City Foundation has awarded $1,523,324 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SHAWNEE MISSION MEDICAL CENTER INC PURPOSE: General Hospital Support | $1,341,893 |
SHAWNEE MISSION MEDICAL CENTER INC PURPOSE: Women's Health Education Seminar | $181,431 |