St Frances Cabrini Hospital Foundation Of Alexandria
- Assets
- $5.7m
- Revenue
- $890.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, LA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 72-0998302
Organization Overview
St Frances Cabrini Hospital Foundation Of Alexandria, operating under the name Christus Cabrini Foundation, is located in Alexandria, LA. 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. Christus Cabrini 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 06/2022, Christus Cabrini Foundation generated $890.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $594.1k during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 5 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, Christus Cabrini Foundation has awarded 11 individual grants totaling $2,552,065. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ST. FRANCES CABRINI HOSPITAL FOUNDATION PROMOTES PHILANTHROPY AND CHARITABLE GIVING TO PROVIDE RESOURCES TO ENHANCE THE ABILITY OF CHRISTUS HEALTH CENTRAL LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHRISTUS CABRINI FOUNDATION WAS ESTABLISHED IN 1983 BY A DEDICATED GROUP OF COMMUNITY LEADERS TO RAISE AND MANAGE MONEY TO SUPPORT THE EXEMPLARY HEALTH CARE PROVIDED BY CHRISTUS ST. FRANCES CABRINI HOSPITAL IN CENTRAL LOUISIANA. THE CABRINI FOUNDATION IS A FREESTANDING, TAX-EXEMPT ORGANIZATION THAT ALSO HOUSES THE CHILDREN'S MIRACLE NETWORK - A PROGRAM THAT RAISES FUNDS AND AWARENESS SPECIFICALLY FOR PEDIATRIC PATIENTS IN THE AREA. ITS INDEPENDENT GOVERNING BOARD ASSURES THAT THE DONORS' WISHES ARE FOLLOWED, RECOGNITION IS GIVEN AND FUNDS ARE WELL-UTILIZED. THROUGH THE CHARITABLE SUPPORT OF THE COMMUNITY, THE CABRINI FOUNDATION HAS BEEN ABLE TO ASSIST THE HOSPITAL IN IMPLEMENTING AND GROWING STATE-OF-THE-ART CENTERS OF EXCELLENCE AND DELIVERING COST-EFFECTIVE TREATMENT QUICKLY AND SAFELY TO LOCAL FAMILIES.
MISCELLANEOUS PROJECTS: THE FOUNDATION HOSTED NUMEROUS EVENTS THROUGHOUT THE YEAR INCLUDING FUNDRAISING EVENTS FOR CHILDREN'S MIRACLE NETWORK ("CMN") WHICH DIRECTLY BENEFITS THE HOSPITAL'S WOMEN'S AND CHILDREN'S SERVICES, THE SEVENTEEN SCHOOL BASED HEALTH CENTERS IN FIVE SURROUNDING PARISHES, AND THE PEDIATRIC THERAPY CENTER. ONE HUNDRED PERCENT OF THE CMN FUNDS STAY IN CENTRAL LOUISIANA, WHICH MAKES A DIFFERENCE IN THE LIVES OF OUR AREA CHILDREN AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Karam CEO (thru 2/2021) | 0 | $0 | |
Monte Wilson CEO Ch Central Louisiana | Officer | 3 | $0 |
John Shaughnessy Treasurer/cfo | OfficerTrustee | 3 | $0 |
Ashley B Walker Exec Director | Officer | 40 | $0 |
Mark Cowart Director | Trustee | 3 | $0 |
Matt Ritchie Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,250 |
| Related organizations | $69,050 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $542,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $631,592 |
| Total Program Service Revenue | $0 |
| Investment income | $145,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,380 |
| Net Income from Fundraising Events | $62,870 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $890,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $329,556 |
| Grants and other assistance to domestic individuals. | $51,481 |
| 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 | $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 | $38,326 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,278 |
| Office expenses | $58,186 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,115 |
| 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 | $594,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,470 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,319,173 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,734,643 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,083,496 |
| Net assets with donor restrictions | $4,651,147 |
| 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 | $5,734,643 |
Grants Awarded
Over the last fiscal year, St Frances Cabrini Hospital Foundation Of Alexandria has awarded $1,641,944 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TOTAL RECREATION PRODUCTS PURPOSE: SPECIAL NEED PLAYGROUND INSTALLATION | $43,708 |
CHRISTUS ST PATRICK FOUNDATION PURPOSE: COVID CRISIS GRANT | $25,000 |
CHRISTUS FOUNDATION SHREVEPORT BOSSIER PURPOSE: COVID CRISIS GRANT | $25,000 |
CHRISTUS ST FRANCIS CABRINI HOSPITAL PURPOSE: SUPPORT HOSPITAL & COVID CRISIS GRANT | $1,548,236 |