St Davids Foundation Community Fund
- Assets
- $58.7m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 74-2898888
Organization Overview
St Davids Foundation Community Fund is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (G05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Davids Foundation Community Fund 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 12/2022, St Davids Foundation Community Fund generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $5.5m during the year ending 12/2022. While expenses have increased by 7.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES NEEDS-BASED SCHOLARSHIPS TO STUDENTS PURSUING HEALTHCARE (SEE SCHEDULE O)CAREERS AND CONTROLS HEALTHCARE FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGERY CENTERS - THE COMMUNITY FUND CONTROLS MEDICAL FACILITIES IN CENTRAL TEXAS IN ACCORDANCE WITH THE COMMUNITY BENEFIT STANDARD.
DURING 2022, THE COMMUNITY FUND MADE NONRECURRING GRANTS TO PROVIDE EMERGENCY ASSISTANCE AND GRADUATION SUPPORT.
SCHOLARSHIPS - THE ST. DAVID'S NEAL KOCUREK SCHOLARSHIP IS THE LARGEST HEALTHCARE SCHOLARSHIP PROGRAM IN THE STATE OF TEXAS. CREATED IN HONOR OF ST. DAVID'S FOUNDATION'S LATE PRESIDENT AND CEO, W. NEAL KOCUREK, PH.D., THIS DISTINGUISHED SCHOLARSHIP PROGRAM CARRIES ON HIS VISION FOR A MORE EQUITABLE CENTRAL TEXAS. HIGH SCHOOL SENIORS FROM BASTROP, CALDWELL, HAYS, TRAVIS, AND WILLIAMSON COUNTIES WHO WANT TO PURSUE CAREERS IN HEALTHCARE AND PLAN TO ATTEND COLLEGE IN TEXAS ARE ELIGIBLE TO APPLY FOR UP TO $60,000 IN FINANCIAL AID OVER THE COURSE OF THEIR HIGHER EDUCATION (SEE SCHEDULE O).IF SELECTED FOR THE SCHOLARSHIP, THE STUDENT WILL RECEIVE UP TO $7,500 PER YEAR FOR UP TO FOUR YEARS OF UNDERGRADUATE STUDIES AT TEXAS COLLEGES AND UNIVERSITIES AND UP TO FOUR YEARS OF GRADUATE STUDIES AND/OR MEDICAL SCHOOL, AND UP TO $4,000 A YEAR AT TEXAS COMMUNITY COLLEGES. IN ADDITION TO THIS FUNDING, NEAL KOCUREK SCHOLARS HAVE ACCESS TO A RANGE OF EMOTIONAL AND EDUCATIONAL SUPPORTS, INCLUDING FREE MENTAL HEALTH COUNSELING, TUTORING OPTIONS, PROFESSIONAL MENTORSHIP, AND A CLOSE-KNIT COMMUNITY OF PEERS.WE HAVE AWARDED 704 NEAL KOCUREK SCHOLARSHIPS SINCE THE PROGRAM'S INCEPTION IN 2005, AND 41 WERE AWARDED IN 2022. SCHOLARSHIP APPLICANTS WILL BE EVALUATED ON THE BASIS OF ACADEMIC MERIT AS WELL AS FINANCIAL NEED.
AGINGWELL - COMMUNITY FUND CREATED AGINGWELL TO ADDRESS THE GROWING NEEDS OF THE AGING POPULATION WITH A MISSION OF BRINGING TOGETHER INDIVIDUALS AND COMMUNITY PARTNERS TO IMPROVE THE LIVES OF OLDER ADULTS AND THEIR CAREGIVERS. AN ACTIVE COMMUNITY GROUP THAT SUPPORTS CENTRAL TEXAS ORGANIZATIONS ASSISTING OLDER ADULTS AND THEIR CAREGIVERS WITH THE CHALLENGES OF AGING ISSUES, AGINGWELL PROVIDES RESOURCES, SUPPORT AND EVENTS THAT EMBRACE VOLUNTEERISM, EDUCATION, AND PHILANTHROPY (SEE SCHEDULE O).INCREASING ACCESS TO AGING-RELATED RESOURCES IN CENTRAL TEXAS IS A PRIORITY OF THE COMMUNITY FUND. THROUGH STRATEGIC GRANTMAKING, THE COMMUNITY FUND SEEKS TO INCREASE SUPPORT FOR OLDER ADULTS TO LIVE SAFELY AND INDEPENDENTLY IN THEIR OWN COMMUNITY. AS A PROGRAM OF COMMUNITY FUND, AGINGWELL IS COMMITTED TO STRATEGICALLY ALIGNING THESE EFFORTS IN ADDITION TO SERVING AS A RESOURCE FOR THE AGING COMMUNITY IN CENTRAL TEXAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward B Burger Chair | Trustee | 1.35 | $0 |
Rodney S Bond Director | Trustee | 1 | $0 |
Barbara Porter Director | Trustee | 1 | $0 |
Cara Abazari President | Officer | 1 | $0 |
Taylor Gutierrez Secretary | Officer | 28 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $543,099 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $543,404 |
| Total Program Service Revenue | $7,533,000 |
| Investment income | $108,902 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$68 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,185,238 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
| Grants and other assistance to domestic individuals. | $2,223,836 |
| 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 | $202 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,341 |
| Interest | $3,164,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,171 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,493,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,348,260 |
| 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 | $29,792 |
| Net Land, buildings, and equipment | $3,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $48,321,518 |
| Intangible assets | $0 |
| Other assets | $15,347 |
| Total assets | $58,718,230 |
| Accounts payable and accrued expenses | $17,381 |
| 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 | $51,373,196 |
| Total liabilities | $51,390,577 |
| Net assets without donor restrictions | $6,011,316 |
| Net assets with donor restrictions | $1,316,337 |
| 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 | $58,718,230 |
Grants Awarded
Over the last fiscal year, St Davids Foundation Community Fund has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSE OF FRIENDS CO BETHANY UNITED METHODIST CHURCH PURPOSE: SENIOR CARE | $10,000 |
ONION CREEK SENIOR CENTER PURPOSE: SENIOR CARE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Davids Foundation Community Fund Austin, TX | $58,718,230 | $8,185,238 |
Adrienne Helis Malvin Medical Research Foundation New Orleans, LA | $29,786,235 | $11,996,397 |
Diana Helis Henry Medical Research Foundation Inc New Orleans, LA | $36,171,329 | $1,598,387 |
Center For Advanced Pathogen Threat And Response Simulation Austin, TX | $192,398 | $726,259 |
Global Health Science Institute Las Cruces, NM | $0 | $273,898 |
Nad Research Springfield, LA | $19,955 | $38,500 |
Venomx Biologics Houston, TX | $0 | $0 |
Institute For Strategic And Innovative Technologies Driftwood, TX | $1,020 | $0 |