St Davids Foundation Community Fund
- Assets
- $59.6m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 01/2000
- Data as of
- 12/2021
- 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 12/2021, St Davids Foundation Community Fund generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 7.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES NEEDS-BASED SCHOLARSHIPS TO STUDENTS PURSUING HEALTHCARE CAREERS AND CONTROLS MEDICAL FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE REPORTING ORGANIZATION PROVIDES NEEDS-BASED COLLEGE SCHOLARSHIPS FOR STUDENTS PURSUING HEALTHCARE CAREERS IN TEXAS.
THE REPORTING ORGANIZATION OPERATES A PHILANTHROPIC AND VOLUNTEER ORGANIZATION BRINGING TOGETHER INDIVIDUALS AND COMMUNITY PARTNERS TO RAISE AWARENESS ABOUT ISSUES FACING OLDER ADULTS AND THEIR CAREGIVERS.
THE REPORTING ORGANIZATION CONTROLS MEDICAL FACILITIES IN CENTRAL TEXAS IN ACCORDANCE WITH THE COMMUNITY BENEFIT STANDARD.
DURING 2021, THE FUND MADE NONRECURRING GRANTS TO PROVIDE EMERGENCY ASSISTANCE AND GRADUATION SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Gutierrez Secretary | Officer | 28 | $0 |
Cara Abazari President | Officer | 1 | $0 |
Rodney S Bond Director | Trustee | 0.5 | $0 |
Barbara Porter Director | Trustee | 0.5 | $0 |
Edward B Burger Chair | Trustee | 1.35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $563,020 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $563,120 |
| Total Program Service Revenue | $7,328,000 |
| Investment income | $2,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,913,769 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
| Grants and other assistance to domestic individuals. | $2,344,114 |
| 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 | $193 |
| Fees for services: Accounting | $7,490 |
| 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 | $7,699 |
| Information technology | $21 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,144 |
| Interest | $2,533,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,171 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,951,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,878,878 |
| 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 | $8,500 |
| Net Land, buildings, and equipment | $4,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $52,722,798 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,614,660 |
| Accounts payable and accrued expenses | $1,495 |
| 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 | $54,976,968 |
| Total liabilities | $54,978,463 |
| Net assets without donor restrictions | $3,351,832 |
| Net assets with donor restrictions | $1,284,365 |
| 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 | $59,614,660 |
Grants Awarded
Over the last fiscal year, St Davids Foundation Community Fund has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: SENIOR CARE | $10,000 |
Buda, TX PURPOSE: SENIOR CARE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that St Davids Foundation Community Fund has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Georgetown Healthcare System Inc Georgetown, TX PURPOSE: SCHOLARSHIPS FOR PEOPLE PURSUING HEALTH RELATED SERVICE DEGREES | $35,000 |
Buena Vista Foundation Houston, TX PURPOSE: SUPPORT GENERAL FUND | $15,000 |
Endowment Analysis
| Beg. Balance | $1,274,220 |
| Net Contributions | $440,142 |
| Grants | $507,657 |
| Ending Balance | $1,206,705 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Davids Foundation Community Fund Austin, TX | $59,614,660 | $7,913,769 |
Adrienne Helis Malvin Medical Research Foundation New Orleans, LA | $18,462,151 | -$3,168,209 |
Diana Helis Henry Medical Research Foundation Inc New Orleans, LA | $36,171,329 | $1,598,387 |
Global Health Science Institute Las Cruces, NM | $0 | $207,944 |
Nad Research Springfield, LA | $36,361 | $0 |
Venomx Biologics Houston, TX | $10,855 | $0 |
Institute For Strategic And Innovative Technologies Driftwood, TX | $1,020 | $0 |