Thomas Oneill Catholic Health Care Fund Inc
- Assets
- $82.3m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 52-1104382
Organization Overview
Thomas Oneill Catholic Health Care Fund Inc is located in Baltimore, MD. The organization was established in 1946. 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. Thomas Oneill Catholic Health Care Fund Inc 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 06/2021, Thomas Oneill Catholic Health Care Fund Inc generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $3.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Thomas Oneill Catholic Health Care Fund Inc has awarded 24 individual grants totaling $12,871,061. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTO SUPPORT CHARITABLE HEALTH CARE SERVICES FOR THE INDIGENT, AND THE EDUCATIONAL AND SCIENTIFIC NEEDS OF MEDSTAR GOOD SAMARITAN HOSPITAL AND THE GOOD SAMARITAN NURSING CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A SUPPORTING ORGANIZATION, THE THOMAS O'NEILL CATHOLIC HEALTH CARE FUND'S (THE FUND) SOLE PROGRAM SERVICE IS TO PROVIDE MONETARY SUPPORT FOR ITS SUPPORTED ORGANIZATIONS, MEDSTAR GOOD SAMARITAN HOSPITAL (THE HOSPITAL) AND THE GOOD SAMARITAN NURSING CENTER. EACH YEAR THE FUND IS REQUIRED TO SPEND A MINIMUM OF 40% OF ITS INVESTMENT INCOME ON CHARITY CARE FOR THE BENEFIT OF HOSPITAL PATIENTS. DURING FISCAL 2021, $3,331,061 WAS PROVIDED BY THE FUND TO SUPPORT PROGRAMS IN AREAS INCLUDING CHARITY CARE, RESEARCH, PRIMARY CARE, TRANSPORTATION AND PARISH NURSE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley S Chambers Director/president | OfficerTrustee | 1 | $0 |
Archbishop William E Lori Chairman | OfficerTrustee | 1 | $0 |
Charles L Bauermann Director | Trustee | 1 | $0 |
David Kinkopf Director | Trustee | 1 | $0 |
William Mccarthy Director | Trustee | 1 | $0 |
Jayne H Mcgeehan Director | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,261,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,178,318 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,440,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,331,061 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $20,000 |
| 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 | $273,990 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,625,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $426,501 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,559 |
| 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 | $81,809,179 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $82,326,239 |
| Accounts payable and accrued expenses | $81,490 |
| 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 | $286,991 |
| Total liabilities | $368,481 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $81,957,758 |
| 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 | $82,326,239 |
Grants Awarded
Over the last fiscal year, Thomas Oneill Catholic Health Care Fund Inc has awarded $3,331,061 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: CHARITY CARE | $3,003,017 |
Baltimore, MD PURPOSE: PRIMARY CARE | $186,852 |
Baltimore, MD PURPOSE: OTHER PROGRAMS | $111,804 |
Baltimore, MD PURPOSE: PARISH NURSE | $29,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Sheltering Arms Foundation Mechanicsville, VA | $205,278,403 | $11,542,533 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Bath Community Hospital Foundation Hot Springs, VA | $25,068,775 | $7,394,465 |
Concordia Lutheran Ministriesfoundation Cabot, PA | $226,432,111 | $36,499,919 |
Johns Hopkins All Childrens Foundation Inc Baltimore, MD | $150,122,516 | $24,043,790 |
The Medical Trust Philadelphia, PA | $200,270,282 | $19,932,215 |
Potomac Health Foundation Woodbridge, VA | $124,789,436 | $8,932,196 |
Washington Wholesalers Health And Welfare Fund Columbia, MD | $20,227,407 | $10,192,011 |
Meadville Physician Services Meadville, PA | $881,985 | $6,590,657 |
Fauquier Hospital Endowment Fund Under Trust Agreement With Dated 1 Charlottesville, VA | $0 | $393,399 |