Jackson Health Foundation Inc
- Assets
- $23.9m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Miami, FL
- Founding
- 02/1989
- Data as of
- 09/2023
- EIN
- 65-0077727
Organization Overview
Jackson Health Foundation Inc is located in Miami, FL. The organization was established in 1989. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Jackson Health Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Health Foundation 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 09/2023, Jackson Health Foundation Inc generated $9.3m 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 (6.4%) each year. All expenses for the organization totaled $8.6m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Jackson Health Foundation Inc has awarded 54 individual grants totaling $49,691,768. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE JACKSON HEALTH SYSTEM, A CODE SEC 170(B)(1)(A)(III) ORGANIZATION, WITH THE SUPPORT AND RESOURCES TO EXCEL AS A WORLD-CLASS ACADEMIC MEDICAL SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OPERATES EXCLUSIVELY FOR THE PURPOSE OF ACQUIRING FUNDS AND OTHER APPROPRIATE ASSETS FROM THE PRIVATE AND PUBLIC SECTOR TO IMPROVE THE DELIVERY OF HEALTHCARE AT JACKSON HEALTH SYSTEM; SUPPORT TEACHING AND TRAINING PROGRAMS IN HEALTHCARE; SUPPORT MEDICAL AND SURGICAL TREATMENTS AT THE HOSPITAL; SUPPORT INSTRUCTION AND TRAINING OF PERSONNEL; SUPPORT THE HOSPITAL'S CAPITAL IMPROVEMENT PROJECTS WITHIN THE MEDICAL CAMPUS.
INTERNATIONAL KIDS FUND (IKF) IS A PHILANTHROPIC PROGRAM THAT HELPS CRITICALLY ILL CHILDREN PRIMARILY FROM LATIN AMERICA AND THE CARIBBEAN GAIN IMMEDIATE ACCESS TO ESSENTIAL MEDICAL TREATMENTS THAT ARE UNAVAILABLE IN THEIR RESPECTIVE COUNTRIES. IKF SUCCESSFULLY RAISES FUNDS AND ADMINISTERS PROACTIVE ASSISTANCE FOR FOREIGN CHILDREN WITH URGENT HEALTH CARE NEEDS TO RECEIVE EXPERT ATTENTION AT THE HOLTZ CHILDREN'S HOSPITAL IN THE JACKSON HEALTH SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Flavia Llizo Co-Pres & Cdo | Officer | 40 | $382,621 |
Charmaine Gatlin Co-Pres & COO | Officer | 40 | $305,519 |
Beatriz G Galan Dir Of Major Gifts | 40 | $173,570 | |
Alexandra Salcedo Dir Of Annual Giv | 40 | $152,600 | |
Mirelida Morales Avp Of Admin | 40 | $143,801 | |
Eddie Vera Sr Dir Of Finance | 40 | $138,563 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wow Mktg Event Production | 9/29/23 | $694,061 |
Holsen Inc Marketing Materials | 9/29/23 | $994,648 |
Asd American Sound Design Event Production | 9/29/23 | $481,600 |
Premier Choice Group Llc Event Prod & Marketing | 9/29/23 | $400,357 |
Constellation Culinary Groupgalaxi Rest Catering Services | 9/29/23 | $229,271 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,452,743 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,603,090 |
| Noncash contributions included in lines 1a–1f | $971,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,055,833 |
| Total Program Service Revenue | $0 |
| Investment income | $203,212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$109,962 |
| Net Income from Fundraising Events | -$1,836,449 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,312,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,388,013 |
| Grants and other assistance to domestic individuals. | $35,501 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $703,139 |
| Compensation of current officers, directors, key employees. | $126,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,382,036 |
| Pension plan accruals and contributions | $58,609 |
| Other employee benefits | $185,652 |
| Payroll taxes | $129,763 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,532 |
| Fees for services: Accounting | $109,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $19,465 |
| Fees for services: Investment Management | $35,274 |
| Fees for services: Other | $113,651 |
| Advertising and promotion | $2,796,612 |
| Office expenses | $96,478 |
| Information technology | $107,863 |
| Royalties | $0 |
| Occupancy | $167,189 |
| Travel | $19,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,034 |
| Insurance | $39,657 |
| All other expenses | $4,709 |
| Total functional expenses | $8,642,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,092 |
| Savings and temporary cash investments | $2,721,059 |
| Pledges and grants receivable | $16,400,412 |
| 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 | $21,595 |
| Prepaid expenses and deferred charges | $106,008 |
| Net Land, buildings, and equipment | $108,606 |
| Investments—publicly traded securities | $4,335,430 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,922 |
| Total assets | $23,920,124 |
| Accounts payable and accrued expenses | $212,700 |
| Grants payable | $0 |
| Deferred revenue | $112,371 |
| 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 | $0 |
| Total liabilities | $325,071 |
| Net assets without donor restrictions | -$3,367,484 |
| Net assets with donor restrictions | $26,962,537 |
| 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 | $23,920,124 |
Grants Awarded
Over the last fiscal year, Jackson Health Foundation Inc has awarded $3,004,134 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JACKSON HEALTH SYSTEM PURPOSE: Fund Hospital Projects | $1,672,584 |
JACKSON HEALTH SYSTEM PURPOSE: International Kids Fund | $172,221 |
JACKSON HEALTH SYSTEM PURPOSE: Paid on Behalf of JHS | $538,163 |
JACKSON HEALTH SYSTEMS PURPOSE: Fund Hospital Projects | $78,350 |
JACKSON HEALTH SYSTEMS PURPOSE: Fund Hospital Projects | $500,000 |
UNIVERSITY OF MIAMI MEDICAL PURPOSE: International Kids Fund | $42,816 |