Saint Thomas Health Foundations
- Assets
- $95.0m
- Revenue
- $10.2m
- Investments
- $13.7m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 58-1663055
Organization Overview
Saint Thomas Health Foundations, operating under the name Ascension Saint Thomas Foundation, is located in St Louis, MO. 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. Ascension Saint Thomas 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, Ascension Saint Thomas Foundation generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $4.8m during the year ending 06/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ascension Saint Thomas Foundation has awarded 64 individual grants totaling $14,791,606. 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
TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR SAINT THOMAS HEALTH, SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL THE PEOPLE IN THE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE FOUNDATION IS TO ADVANCE EXCELLENT HEALTHCARE, SUPPORT OUR CAREGIVERS, AND CARE FOR ALL PATIENTS THROUGH GOOD STEWARDSHIP OF CHARITABLE DONATIONS. ADVANCING EXCELLENT HEALTHCARE THROUGH THE FUNDING OF TECHNOLOGICAL ADVANCEMENTS, FACILITY IMPROVEMENTS AND CAMPUS ENHANCEMENTS THAT IMPROVE THE PATIENT EXPERIENCE. SUPPORTING OUR CAREGIVERS BY MEETING THE NEEDS OF THOSE WHO WORK FOR OUR MINISTRY, IMPROVING THEIR LIVES AND HELPING THEM REALIZE THEIR FULL POTENTIAL AS AN INDIVIDUAL AND CAREGIVER THROUGH EMERGENCY ASSISTANCE, EDUCATIONAL OPPORTUNITIES AND TRAININGS. CARING FOR ALL PATIENTS AND BRIDGING THE GAP FOR THOSE WHO DO NOT HAVE THE FINANCIAL RESOURCES TO CONTINUE THEIR CARE AFTER LEAVING US OFFSETTING THE COST OF DURABLE MEDICAL EQUIPMENT, PRESCRIPTION MEDICATIONS AND CARE BEYOND THE BEDSIDE. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director/cfo, Ministry Market | OfficerTrustee | 0 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,533,856 |
| Investment income | $885,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,777,003 |
| Net Income from Fundraising Events | -$28,001 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,168,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $406,993 |
| 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 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 | $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 | $449,615 |
| Fees for services: Other | $19,502 |
| Advertising and promotion | $36,536 |
| Office expenses | $108,220 |
| Information technology | $51,204 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,803,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,514,950 |
| Pledges and grants receivable | $529,641 |
| 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 |
| Investments—publicly traded securities | $72,654,917 |
| Investments—other securities | $13,719,795 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,567,863 |
| Total assets | $94,987,166 |
| Accounts payable and accrued expenses | $221,410 |
| 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 | $450,395 |
| Total liabilities | $671,805 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $94,315,361 |
Grants Awarded
Over the last fiscal year, Saint Thomas Health Foundations has awarded $3,326,893 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT THOMAS WEST HOSPITAL PURPOSE: General/Capital Support | $2,441,621 |
SAINT THOMAS MEDICAL PARTNERS PURPOSE: General/Capital Support | $677,619 |
SAINT THOMAS HEALTH PURPOSE: General/Capital Support | $140,082 |
SAINT THOMAS REGIONAL HOSPITALS PURPOSE: General Support | $16,163 |
SAINT THOMAS HICKMAN HOSPITAL PURPOSE: General Support | $11,024 |
SAINT THOMAS RUTHERFORD HOSPITAL PURPOSE: General Support | $9,163 |