Georgetown Healthcare System Inc

Organization Overview

Georgetown Healthcare System Inc, operating under the name Georgetown Health Foundation, is located in Georgetown, TX. The organization was established in 2003. 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 12/2021, Georgetown Health Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgetown Health 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 12/2021, Georgetown Health Foundation generated $7.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Georgetown Health Foundation has awarded 316 individual grants totaling $16,948,991. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS DEDICATED TO THE PROMOTION OF QUALITY, ACCESSIBLE HEALTHCARE FOR ALL PERSONS LIVING IN THE GEORGETOWN, TX COMMUNITY AND SURROUNDING AREA. AS A PARTNER IN THE ST. DAVID'S HEALTHCARE PARTNERSHIP, WE PROVIDE HEALTHCARE TO THE PUBLIC THROUGH THE OPERATION OF FOUR HOSPITALS IN THE CENTRAL TEXAS AREA WHICH OPERATE UNDER THE COMMUNITY BENEFIT STANDARD. LOCALLY, WE INVEST IN AND PARTNER WITH OTHER NON-PROFIT ORGANIZATIONS WHO, LIKE US, ARE COMMITTED TO IMPROVING THE SOCIAL DETERMINANTS OF HEALTH IN OUR COMMUNITY WITH A GOAL OF BUILDING AND SUSTAINING HEALTHY, PRODUCTIVE LIVES FOR GEORGETOWN RESIDENTS.

Describe the Organization's Program Activity:

THE REPORTING ORGANIZATION PROVIDES GRANTS TO COMMUNITY ORGANIZATIONS THAT PROMOTE IMPROVED ACCESS TO, OR DIRECTLY PROVIDE HEALTHCARE TO THE CITIZENS OF THE GEORGETOWN, TEXAS AREA REGARDLESS OF THEIR ABILITY TO PAY FOR SUCH SERVICES.


THE REPORTING ORGANIZATION IS A PARTNER IN THE ST. DAVID'S HEALTHCARE PARTNERSHIP, LP, LLP. THE HOSPITALS IN THE PARTNERSHIP ARE DEDICATED TO SERVING CENTRAL TEXAS UNDER THE COMMUNITY BENEFIT STANDARD AND THE AFFORDABLE CARE ACT. ST. DAVID'S HEALTHCARE PARTNERSHIP INCLUDES HOSPITALS, FREE-STANDING EMERGENCY ROOMS, AMBULATORY CARE CENTERS, AND URGENT CARE CENTERS.


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Board, Officers & Key Employees

Name (title)Compensation
M Scott Alarcon
CEO
$347,722
Richard Schultz
CFO
$269,698
Mary S Pukys
Vp-Strategic Philanthropy
$170,625
Denisse Baldwin
Board Member
$0
Ashlie Holladay
Board Member
$0
Tim Harris
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,440,000
Government grants $92,111
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,532,111
Total Program Service Revenue$4,348,546
Investment income $1,429,294
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $91,623
Net Gain/Loss on Asset Sales $464,209
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$15,491
Miscellaneous Revenue$0
Total Revenue $7,909,362

Grants Awarded

Over the last fiscal year, Georgetown Healthcare System Inc has awarded $1,810,485 in support to 34 organizations.

Grant RecipientAmount

LONE STAR CIRCLE OF CARE

Org PageRecipient Profile

Georgetown, TX

PURPOSE: PROVIDE FUNDING FOR INDIGENT CARE AND INCREASING HEALTHCARE ACCESS

$524,000

SOUTHEAST GEORGETOWN COMMUNITY COUNCIL

PURPOSE: PROVIDE ASSISTANCE TO ACHIEVE ORGANIZATION MISSION

$110,140

Georgetown, TX

PURPOSE: SUPPORT MEDICAL PROGRAM FOR CLIENTS AT OR BELOW POVERTY LEVEL

$77,500

CATHOLIC CHARITIES OF CENTRAL TEXAS

Org PageRecipient Profile

Austin, TX

PURPOSE: PROVIDE ASSISTANCE TO ACHIEVE ORGANIZATION MISSION

$75,000

WILLIAMSON COUNTY CRISIS CENTER DBA HOPE ALLIANCE

Org PageRecipient Profile

Round Rock, TX

PURPOSE: PROVIDE ASSISTANCE TO ACHIEVE ORGANIZATION MISSION TO ASSIST THOSE AFFECTED BY FAMILY AND SEXUAL VIOLENCE

$75,000

GEORGETOWN INDEPENDENT SCHOOL DISTRICT (GISD)

PURPOSE: PROVIDE MENTAL HEALTH AND BEHAVIORAL COUNSELING SERVICES

$75,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Georgetown Healthcare System Inc has recieved totaling $1,840,000.

Awarding OrganizationAmount
Georgetown Healthcare Community Services Inc

Georgetown, TX

PURPOSE: TO PROVIDE ASSISTANCE TO ACHIEVE ORGANIZATION MISSION

$1,440,000
Episcopal Health Foundation

Houston, TX

PURPOSE: Support Change in Healthcare Financing

$400,000
View Grant Recipient Profile

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