The Hsc Foundation

Organization Overview

The Hsc Foundation is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Hsc 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 06/2021, Hsc Foundation generated $11.3m 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 (3.1%) each year. All expenses for the organization totaled $11.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Hsc Foundation has awarded 127 individual grants totaling $2,376,184. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HSC HOME CARE, LLC, (HSCHC) A DISREGARDED ENTITY OF THE ORGANIZATION, OFFERS SKILLED NURSING SERVICES, HOME HEALTH AIDE AND PERSONAL CARE AID SERVICES, RESPITE CARE, REHABILITATIVE THERAPIES, LICENSED CLINICAL SOCIAL WORKERS, WELL MOM AND BABY VISITS, INTERMITTENT INTRAVENOUS SERVICES, AND EDUCATION FOR PATIENT, PATIENT FAMILY, AND CAREGIVER. DURING THE YEAR ENDED JUNE 30, 2022 HSC HOME CARE PROVIDED HOME VISITS TO PRIMARILY MEDICAID PEDIATRIC PATIENTS IN THE DC METROPOLITAN AREA. THERE WERE 23,938 SKILLED NURSING VISITS AND 4,415 HOME HEALTH AIDE VISITS. HSC HOME CARE ALSO HAD 947 OT, PT, SPEECH THERAPY AND SOCIAL WORK VISITS.


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Board, Officers & Key Employees

Name (title)Compensation
Aldwin Lindsay
Treasurer & Evp/cfo
$0
Mary Anne Hilliard
Secretary
$0
Nathaniel Beers MD
President Of Hsc
$0
Donna Anthony
Former Key Employee
$0
Giselle Jones
Former Key Employee
$0
Debbie Holson
Former Key Employee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grant Thornton Llp
Accounting Services
$229,271
Allscripts Misys Llc
It Services
$136,409
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$444,892
Investment income $1,164,163
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,268,614

Grants Awarded

Over the last fiscal year, The Hsc Foundation has awarded $200,878 in support to 15 organizations.

Grant RecipientAmount

BOSTON CHILDREN'S HOSPITAL

PURPOSE: NATIONAL YOUTH TRANSITIONS INITIATIVE SUPPORT

$116,878

ADVOCATES FOR JUSTICE & EDUCATION INC

PURPOSE: SUPPORT

$6,000

THE KATHERINE THOMAS SCHOOL

PURPOSE: SUPPORT

$6,000

CORNERSTONE MONTGOMERY INC

PURPOSE: SUPPORT

$6,000

DC ASSOC FOR SPECIAL EDUCATION INC

PURPOSE: SUPPORT

$6,000

ENDEPENDENCE CENTER OF N VA

PURPOSE: SUPPORT

$6,000
View Grant Profile

Peer Organizations

Organization NameAssets
Childrens Health Foundation Inc
Norfolk, VA
$2,367,441
Johns Hopkins Hospital Endowment Fund Incorporated
Baltimore, MD
$12,354,218
The Hsc Foundation
Washington, DC
$11,268,614
Horizon Foundation Of Howard County Inc
Columbia, MD
$6,341,900
Upper Chesapeake Health Foundation Inc
Bel Air, MD
$7,781,401
Annabella R Jenkins Foundation
Richmond, VA
$4,037,901
Whitman-Walker Foundation Inc
Washington, DC
$4,302,637
Women As One Inc
Severna Park, MD
$1,827,541
Healthcare Initiative Foundation
Germantown, MD
$1,190,126
Ahc Community Health Foundation
Fishersville, VA
$2,200,883
John Randolph Foundation Inc
Hopewell, VA
$1,602,303
Baltimore Abortion Fund
Baltimore, MD
$3,551,898
Uhs Professional Education Programs Inc
Richmond, VA
$896,515
Embrace Foundation
Newport News, VA
$924,232
Ralph C Heller Foundation Inc
Baltimore, MD
$1,214,558
Brain Injury Association Of Maryland Inc
Gwynn Oak, MD
$717,518
Ceca Foundation
Washington, DC
$507,319
Qlarant Foundation Inc
Easton, MD
$1,555,712
Falls Church Education Foundation
Falls Church, VA
$484,767
D C Firefighters Burn Foundation
Washington, DC
$230,289
Bright Faces Inc
Brambleton, VA
$370,020
Association Of Physicians Of Pakistani Descent Of North America
Clarksburg, MD
$248,563
Agrupaciones Del Oriente Boliviano Usa
Fairfax, VA
$0
Marlins For Mason Inc
Berlin, MD
$238,550
Rehealth Collaborative Inc
Chester, MD
$168,842

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