Advocates For Better Health - The Foundation
- Assets
- $1.6m
- Revenue
- $114.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 09/1978
- Data as of
- 12/2022
- EIN
- 51-0178010
Organization Overview
Advocates For Better Health - The Foundation is located in Roseville, MN. The organization was established in 1978. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advocates For Better Health - The 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, Advocates For Better Health - The Foundation generated $114.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $238.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Advocates For Better Health - The Foundation has awarded 23 individual grants totaling $560,250. 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
THE TCMSF IS A PHYSICIAN-LED PHILANTHROPIC ORGANIZATION THAT STRIVES TO IMPROVE THE HEALTH AND WELLBEING OF THE COMMUNITY THROUGH STRATEGIC INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWIN CITIES MEDICAL SOCIETY FOUNDATION (TCMSF) HAS A RICH HISTORY OF RESPONDING TO THE NEEDS OF THE COMMUNITY. INITIATING A MASS IMMUNIZATION EFFORT AIMED AT RUBELLA WAS ONE OF ITS INITIAL PROJECTS IN THE 1970S; TODAY THE FOUNDATION'S PRIORITIES ARE TO PROVIDE FUNDING TO ORGANIZATIONS THAT OFFER HEALTHCARE SERVICES AND RESOURCE CONNECTIONS TO OUR UNDERSERVED RESIDENTS. WE ALSO EXCEL IN CELEBRATING OUR PHYSICIANS OF EXCELLENCE AND MEDICAL STUDENT SCHOLARS WITH AWARD RECOGNITIONS. IMPACT:HONORING CHOICES MINNESOTA IS THE STALWART PUBLIC HEALTH INITIATIVE OF THE TWIN CITIES MEDICAL SOCIETY FOUNDATION, WORKING IN COLLABORATION WITH ORGANIZATIONS THROUGHOUT MINNESOTA AND THE NATION TO PROMOTE ADVANCE CARE PLANNING. WWW.HONORINGCHOICES.ORGIN ADDITION, THE FOUNDATION IS HONORED TO SERVE AS THE FISCAL AGENT FOR THE DR. PETE DEHNEL PUBLIC HEALTH ADVOCACY FELLOWSHIP, WHERE MEDICAL STUDENTS ARE GIVEN THE OPPORTUNITY TO JOIN TCMS MEMBERS BY ENGAGING THEIR VOICES AND SKILLS IN PUBLIC HEALTH ADVOCACY WORK.SINCE 2015, TCMSF HAS PROVIDED OVER $368,000 IN GRANT DOLLARS TO OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elisabeth Hurliman MD PHD Chair | OfficerTrustee | 1 | $0 |
Pete Stiles MD Vice Chair | OfficerTrustee | 1 | $0 |
Angela Vong MD Secretary | OfficerTrustee | 1 | $0 |
Todd Seelhammer MD Treasurer | OfficerTrustee | 1 | $0 |
Joseph Cardamone MD Board Director | Trustee | 1 | $0 |
Thomas Dosland MD Board Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Minnesota Medical Joint Services Organiz Administrative Services | 12/30/16 | $268,231 |
Kare 11 Convenings Campaign | 12/30/16 | $132,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,803 |
| Total Program Service Revenue | $0 |
| Investment income | $29,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,750 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,817 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $114,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $70,000 |
| 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 | $105,717 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,985 |
| Fees for services: Accounting | $7,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,026 |
| Fees for services: Other | $29,352 |
| Advertising and promotion | $0 |
| Office expenses | $4,019 |
| Information technology | $1,975 |
| Royalties | $0 |
| Occupancy | $292 |
| Travel | $748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,213 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,447 |
| All other expenses | $0 |
| Total functional expenses | $238,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $182,075 |
| 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 | $2,650 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,396,431 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,581,156 |
| Accounts payable and accrued expenses | $289 |
| 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 | $10,561 |
| Total liabilities | $10,850 |
| Net assets without donor restrictions | $1,510,634 |
| Net assets with donor restrictions | $59,672 |
| 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 | $1,581,156 |
Grants Awarded
Over the last fiscal year, Advocates For Better Health - The Foundation has awarded $55,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROUNDTABLERX PURPOSE: PROVIDING LOW OR NO-COST PRESCRIPTIONS TO PATIENTS IN NEED, INCLUDING RESPONSIBLE MEDICATION DESTRUCTION AND MEDICATION SHIPPING COSTS. | $20,000 |
PHILLIPS NEIGHBORHOOD CLINIC PURPOSE: A UMN ACADEMIC HEALTH CENTER STUDENT-RUN CLINIC PROVIDING FREE HEALTH CARE SERVICES TO THE PHILLIPS NEIGHBORHOOD IN SOUTH MINNEAPOLIS. FUNDS ARE USED PRIMARILY FOR THE PURCHASE OF MEDICAL SUPPLIES, LAB TESTS AND MEDICATIONS. | $20,000 |
MINNESOTA MENTAL HEALTH COMMUNITY FOUNDATION PURPOSE: FAST-TRACKER PROGRAM, A DATABASE AND HEALTH CARE CONNECTION RESOURCE CONNECTING THE COMMUNITY TO MENTAL HEALTH AND SUBSTANCE USE DISORDERS RESOURCES AND APPOINTMENT INFORMATION. | $15,000 |