Christus Spohn Health System Development Foundation is located in Corpus Christi, TX. The organization was established in 1977. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Christus Spohn Health System Development 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, Christus Spohn Health System Development Foundation generated $6.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $12.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTUS SPOHN HSD FOUNDATION PROMOTES PHILANTHROPY AND CHARITABLE GIVING TO PROVIDE RESOURCES AND TO SUPPORT CHRISTUS HEALTH AND CHRISTUS SPOHN HEALTH SYSTEM CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTUS SPOHN HEALTH SYSTEM DEVELOPMENT FOUNDATION (THE "FOUNDATION") IS A TEXAS NON-PROFIT ORGANIZATION SERVING THE PHILANTHROPIC NEEDS OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION (THE "HEALTH SYSTEM"). IT IS THE FOUNDATION'S RESPONSIBILITY TO ENCOURAGE AND RECEIVE CONTRIBUTIONS FROM INDIVIDUALS, CORPORATIONS, ASSOCIATIONS, AND FOUNDATIONS. THESE CONTRIBUTIONS ARE DISTRIBUTED TO THE HEALTH SYSTEM AND ITS NON-PROFIT OSPITALS, IN ACCORDANCE WITH THE INTENTIONS OF THE DONORS AND WITHIN THE CONFINES OF THE FOUNDATION'S GOALS AND OBJECTIVES. ALL CONTRIBUTIONS ASSIST THE HEALTH SYSTEM IN CONTINUING TO PROVIDE HIGH QUALITY HEALTH CARE IN AREAS SUCH AS MODERNIZATION AND CONSTRUCTION IF NEEDED IN THE HOSPITAL FACILITIES, ACQUISITION OF HOSPITAL EQUIPMENT, AND OTHER SPECIAL HEALTH CARE NEEDS OF THE HEALTH SYSTEM. THE FOUNDATION PROVIDED FUNDS TO THE HEALTH SYSTEM DURING FISCAL YEAR 2020 FOR CAPITAL EQUIPMENT, MAMMOGRAM SCREENING, BREAST CANCER AWARENESS, SERVICES FOR THE MEDICALLY INDIGENT AND HOSPITAL IMPROVEMENTS. THE FOUNDATION'S SOLE CORPORATE MEMBER IS THE HEALTH SYSTEM; THE HEALTH SYSTEM'S SOLE CORPORATE MEMBER IS CHRISTUS HEALTH. CHRISTUS SPOHN HEALTH SYSTEM IS PART OF CHRISTUS HEALTH, WHICH WAS FORMED IN 1999 TO STRENGTHEN THE 153-YEAR-OLD, FAITH-BASED HEALTH CARE MINISTRIES OF THE CONGREGATIONS OF THE SISTERS OF CHARITY OF THE INCARNATE WORD OF HOUSTON AND SAN ANTONIO. FOUNDED ON THE MISSION "TO EXTEND THE HEALING MINISTRY OF JESUS CHRIST," CHRISTUS IS CHALLENGED TO REACH OUT TO, AND BEYOND, THE MORE THAN 60 COMMUNITIES WE SERVE TO HELP THOSE IN NEED. THE VISION OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION, AS A CATHOLIC, FAITH-BASED MINISTRY, IS TO BE A LEADER AND ADVOCATE IN CREATING EXEMPLARY HEALTH CARE SERVICES, PROCESSES AND STRUCTURES THAT IMPROVE THE HEALTH OF INDIVIDUALS AND OF LOCAL AND GLOBAL COMMUNITIES SO THAT ALL MAY EXPERIENCE GOD'S HEALING PRESENCE AND LOVE. CHRISTUS SPOHN HEALTH SYSTEM CORPORATION RESPONDS TO HEALTH CARE NEEDS THROUGH SERVICES PROVIDED AT CHRISTUS SPOHN HOSPITAL CORPUS CHRISTI WITH THREE CAMPUSES, THE 557-BED SHORELINE CAMPUS, THE 341-BED MEMORIAL CAMPUS AND THE 158-BED SOUTH CAMPUS, AS WELL AS CHRISTUS SPOHN HOSPITAL KLEBERG WITH 100 BEDS IN KINGSVILLE, CHRISTUS SPOHN HOSPITAL ALICE WITH 137 BEDS IN ALICE AND CHRISTUS SPOHN HOSPITAL BEEVILLE WITH 69 BEDS IN BEEVILLE. EACH OF THE FACILITIES OF CHRISTUS SPOHN HEALTH SYSTEM CORPORATION SHARE ONE OBJECTIVE - WHICH IS TO LEAD THE WAY TO A HEALTHIER COMMUNITY. THE CHRISTUS SPOHN HEALTH SYSTEM CORPORATION IS LOCATED ALONG THE LOWER TEXAS COASTAL AREA (OFTEN CALLED THE COASTAL BEND). ITS SERVICE AREA STRETCHES THROUGHOUT SOUTH TEXAS, AND IT COMPRISES OF A POPULATION OF MORE THAN 562,000 INDIVIDUALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allison Webster Director/secretary | OfficerTrustee | 14 | $0 |
Gregg Robertson Director/chair-Elect | OfficerTrustee | 14 | $0 |
Richard T Thomas Director/treasurer | OfficerTrustee | 14 | $0 |
Bill Colston Jr Director/chair | OfficerTrustee | 18 | $0 |
Patricia Acanoas Of 012021 Foundation VP Philanthropy | Officer | 14 | $0 |
Karen O Bonner Thru 122020 Pres/exec Director | Officer | 14 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,000,461 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,533,956 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,534,417 |
Total Program Service Revenue | $0 |
Investment income | $416,713 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,904,377 |
Net Income from Fundraising Events | $76,398 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,931,905 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,979,178 |
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 | $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 | $43,640 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $7,043 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,291,798 |
Advertising and promotion | $0 |
Office expenses | $26,406 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $59,379 |
Travel | $30 |
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 | $1 |
Total functional expenses | $12,407,475 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $93,838 |
Savings and temporary cash investments | $6,283,386 |
Pledges and grants receivable | $1,704,318 |
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 | $8,827 |
Net Land, buildings, and equipment | $3,090 |
Investments—publicly traded securities | $17,787,617 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $25,881,076 |
Accounts payable and accrued expenses | $274,178 |
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 | $274,178 |
Net assets without donor restrictions | $18,149,310 |
Net assets with donor restrictions | $7,457,588 |
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 | $25,881,076 |
Over the last fiscal year, Christus Spohn Health System Development Foundation has awarded $10,979,179 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Irving, TX PURPOSE: healthcare services & capital equipment to the Health System. | $10,969,472 |
Corpus Christi, TX PURPOSE: fuel cards for cancer patients | $9,707 |
Over the last fiscal year, we have identified 7 grants that Christus Spohn Health System Development Foundation has recieved totaling $113,600.
Awarding Organization | Amount |
---|---|
Yvonne H Simard Foundation Corpus Christi, TX PURPOSE: SUPPORT MEDICAL CARE PROGRAM | $50,000 |
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: PROGRAM SUPPORT | $38,250 |
Cheniere Cares Inc Houston, TX PURPOSE: SUPPORT MAMMOGRAM PROGRAM IN SAN PATRICIO COUNTY | $10,000 |
Patricia Lewis Zoch Childrens Foundation Fredericksburg, TX PURPOSE: HUMAN WELFARE | $5,000 |
Harry W Hamilton Foundation Corpus Christi, TX PURPOSE: CAPITAL CAMPAIGN | $5,000 |
Susser Family Foundation Dallas, TX PURPOSE: PHILANTHROPIC- FOR THE BENEFIT OF NEURO-TRAUMA INTENSIVE CAR UNITS IN THE NEW NORTH TOWER AT CHRISTUS SPOHN - SHORELINE | $4,350 |
Beg. Balance | $2,261,307 |
Net Contributions | $1,016 |
Ending Balance | $2,262,323 |
Organization Name | Assets | Revenue |
---|---|---|
Valley Baptist Legacy Foundation Harlingen, TX | $0 | $14,611,699 |
Scott & White Healthcare Foundation Dallas, TX | $180,193,020 | $21,935,084 |
Arkansas Childrens Foundation Little Rock, AR | $506,772,026 | $131,995,512 |
Parkland Foundation Dallas, TX | $33,444,460 | $13,500,351 |
Service Organization Of West Texas Lubbock, TX | $5,121,013 | $34,116,790 |
Service Organization Of North Texas Lubbock, TX | $2,347,817 | $21,268,111 |
Swla Center For Health Services Lake Charles, LA | $23,169,398 | $25,064,227 |
Service Organization Of The Piney Woods Lubbock, TX | $125,455 | $15,876,016 |
Cyberspace Innovation Center Incoporated Bossier City, LA | $14,331,496 | $17,560,867 |
Christus Spohn Health System Development Foundation Corpus Christi, TX | $25,881,076 | $6,931,905 |
Our Lady Of The Lake Foundation Baton Rouge, LA | $22,619,327 | $9,390,002 |
The Cullen Trust For Health Care Houston, TX | $131,381,553 | $3,442,546 |