Mercy Health Foundation St Louis
- Assets
- $32.7m
- Revenue
- $10.9m
- Investments
- $26.7m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 05/2004
- Data as of
- 06/2021
- EIN
- 56-2410020
Organization Overview
Mercy Health Foundation St Louis is located in St Louis, MO. The organization was established in 2004. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Health Foundation St Louis 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, Mercy Health Foundation St Louis generated $10.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $5.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mercy Health Foundation St Louis has awarded 21 individual grants totaling $11,678,091. 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
MERCY HEALTH FOUNDATION ST. LOUIS'S (THE "FOUNDATION") PRIMARY ACTIVITY IS TO ENGAGE IN FUNDRAISING ACTIVITIES TO SUPPORT CHARITY CARE PROVIDED TO THE PATIENTS OF MERCY HOSPITALS EAST COMMUNITIES ST. LOUIS (THE "MEDICAL CENTER"), THE ORGANIZATION BEING SUPPORTED BY THE FOUNDATION, AND TO PROVIDE FUNDING FOR CAPITAL EXPENSES INCURRED AND PROGRAMS CARRIED ON BY THE MEDICAL CENTER ON BEHALF OF PATIENTS. THE FOUNDATION SPENDS APPROXIMATELY 95% OF ITS TIME AND RESOURCES DIRECTED AT THESE ACTIVITIES. IN ADDITION, THE FOUNDATION SPENDS APPROXIMATELY 5% OF ITS TIME AND RESOURCES PERFORMING COMMUNITY RELATIONS ON BEHALF OF THE FOUNDATION AND THE MEDICAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY HEALTH FOUNDATION ST. LOUIS IS ORGANIZED AND OPERATED FOR THE BENEFIT OF MERCY HOSPITALS EAST COMMUNITIES - ST. LOUIS (THE SUPPORTED ORGANIZATION), AN ORGANIZATION THAT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS, AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF HEALTH AND PREVENTION OF DISEASE.DONATIONS ARE MADE TO MERCY HEALTH FOUNDATION ST. LOUIS TO SUPPORT THE PROVISION OF CHARITY CARE TO PATIENTS OF MERCY HOSPITALS EAST COMMUNITIES - ST. LOUIS, CAPITAL NEEDS AND PROGRAMS IDENTIFIED TO BENEFIT PATIENTS CARED FOR AT MERCY HOSPITALS EAST COMMUNITIES - ST. LOUIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnston Jeffrey A President, East Communities | Officer | 1 | $0 |
Scoffic Denise VP Finance | Officer | 1 | $0 |
Mackin Stephen SVP And President - Mercy Hospital Stl | Officer | 1 | $0 |
Lieber Tanya Regional Vice President, Philanthropy | Officer | 10 | $0 |
Hu H Shawn Physician & Board Member | Trustee | 1 | $0 |
Sease Laura Administrator & Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $136,162 |
| Related organizations | $2,408,711 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,393,438 |
| Noncash contributions included in lines 1a–1f | $26,754 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,938,311 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$147 |
| Net Income from Fundraising Events | -$17,954 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,920,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,524,866 |
| 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 | $1,476,579 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $341,015 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Fees for services: Other | $70 |
| Advertising and promotion | $34,053 |
| Office expenses | $27,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,485 |
| Total functional expenses | $5,571,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,208 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,365,150 |
| 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 | $143,244 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $26,698,068 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,683,670 |
| Accounts payable and accrued expenses | $22,293 |
| Grants payable | $0 |
| Deferred revenue | $340,801 |
| 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 | $1,521,060 |
| Total liabilities | $1,884,154 |
| Net assets without donor restrictions | $1,429,469 |
| Net assets with donor restrictions | $29,370,047 |
| 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 | $32,683,670 |
Grants Awarded
Over the last fiscal year, Mercy Health Foundation St Louis has awarded $3,439,191 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GENERAL SUPPORT | $2,745,606 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $388,107 |
St Louis, MO PURPOSE: GENERAL SUPPORT | $248,325 |
Springfield, MO PURPOSE: GENERAL SUPPORT | $57,153 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercy Health Foundation St Louis has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
August A Busch Iii Charitable Trust Chesterfield, MO PURPOSE: GENERAL; PRATT MATCH | $25,000 |
Endowment Analysis
| Beg. Balance | $7,783,679 |
| Earnings | $56,651 |
| Net Contributions | $1,745,485 |
| Ending Balance | $9,585,815 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem Lexington, KY | $4,313,780 | $19,547,175 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Childrens Hospital Foundation Louisville, KY | $121,952,447 | $19,774,743 |
Southern Illinois Laborers & Empl Health & Welfare Fund Marion, IL | $23,536,245 | $17,167,946 |
Le Bonheur Childrens Hospital Foundation Memphis, TN | $96,675,707 | $25,710,554 |
Cardinal Glennon Childrens Foundation St Louis, MO | $175,256,703 | $38,879,675 |
Manatts Inc Group Health Plan & Tr Brooklyn, IA | $3,919,154 | $13,220,530 |
Communicare Services Elizabethtown, KY | $10,036,197 | $20,763,461 |