Methodist Health System Foundation Inc

Organization Overview

Methodist Health System Foundation Inc is located in Slidell, LA. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2022, Methodist Health System Foundation Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Health System 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 06/2022, Methodist Health System Foundation Inc generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 0.3% 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, Methodist Health System Foundation Inc has awarded 115 individual grants totaling $9,025,928. 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION IS DEDICATED TO THE SUPPORT, DEVELOPMENT, AND MANAGEMENT OF [CONT'D ON SCH. O] HEALTH-RELATED PROGRAMS AND SERVICES FOR THE BENEFIT OF THE CITIZENS OF EAST NEW ORLEANS AND BEYOND.

Describe the Organization's Program Activity:

SCHOOL-BASED HEALTH CENTERS PROVIDE MEDICAL AND MENTAL HEALTH RESOURCES AND SERVICES NECESSARY TO PROMOTE AND IMPROVE STUDENTS' HEALTH AND ACADEMIC CAPABILITIES.


MANAGEMENT SERVICES SUPPORT PHYSICIANS IN THE GREATER NEW ORLEANS AREA AND BEYOND. SERVICES OFFERED HELP REDUCE LABOR-INTENSIVE PROJECTS PERFORMED BY OFFICE MANAGERS AND STAFF AND ALLOW FOR MEDICAL PRACTICES TO FOCUS ON PROVIDING QUALITY HEALTHCARE.


OTHER SERVICES PERFORMED AND EXPENSES INCURRED IN CONNECTION WITH THE PROMOTION OF HEALTH OF PERSONS WITHIN THE FOUNDATION'S SERVICE AREA.


OTHER SERVICES PERFORMED AND EXPENSES INCURRED IN CONNECTION WITH THE PROMOTION OF HEALTH OF PERSONS WITHIN THE FOUNDATION'S SERVICE AREA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $504,160
All other contributions, gifts, grants, and similar amounts not included above$4,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$508,160
Total Program Service Revenue$346,847
Investment income $3,616,655
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,000
Net Gain/Loss on Asset Sales $1,401,215
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,875,797

Grants Awarded

Over the last fiscal year, Methodist Health System Foundation Inc has awarded $1,050,478 in support to 14 organizations.

Grant RecipientAmount

COVENANT HOUSE NEW ORLEANS

Org PageRecipient Profile

New Orleans, LA

PURPOSE: TO ASSIST THE ORGANIZATION'S RIGHTS OF PASSAGE PROGRAM: A UNIVERSITY FOR STREET KIDS PROGRAM

$150,000

SON OF A SAINT

PURPOSE: 691 - 10/18/21 02:38PM WORKSHEET SCHEDULE I

$113,878

NEW ORLEANS MISSION

Org PageRecipient Profile

New Orleans, LA

PURPOSE: FOR GENERAL OPERATING SUPPORT

$100,000

New Orleans, LA

PURPOSE: FOR GENERAL OPERATING SUPPORT

$100,000

New Orleans, LA

PURPOSE: FOR GENERAL OPERATING SUPPORT

$100,000

LOUISIANA CENTER FOR CHILDREN'S RIGHTS

Org PageRecipient Profile

New Orleans, LA

PURPOSE: TO ASSIST THE ORGANIZATION IN WITH ITS JUVENILE PUBLIC DEFENDERS PROGRAM.

$80,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Methodist Health System Foundation Inc has recieved totaling $14,000.

Awarding OrganizationAmount
Eye Ear Nose & Throat Foundation

Metairie, LA

PURPOSE: GENERAL CHARITABLE PURPOSE

$14,000
View Grant Recipient Profile

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