Parkland Foundation
- Assets
- $33.4m
- Revenue
- $13.5m
- Investments
- $0.0
- Employees
- 28
- Location
- Dallas, TX
- Founding
- 08/1986
- Data as of
- 09/2021
- EIN
- 75-2089180
Organization Overview
Parkland Foundation is located in Dallas, TX. The organization was established in 1986. 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. As of 09/2021, Parkland Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkland 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 09/2021, Parkland Foundation generated $13.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $33.6m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Parkland Foundation has awarded 18 individual grants totaling $211,020,331. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO THE DALLAS COUNTY HOSPITAL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREAST CENTER CAPITAL PROJECT
PATIENT ASSISTANCE
NEW PARKLAND CAMPUS
MISC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Bartholow Treasurer | OfficerTrustee | 1 | $0 |
Danny Tobey Vice Chair | OfficerTrustee | 1 | $0 |
Dr Bradford Hirsch Chair | OfficerTrustee | 1 | $0 |
Laura Granado Secretary | OfficerTrustee | 1 | $0 |
Michael Horne President& CEO | Officer | 45 | $0 |
Jill Hassmann VP Operations | Officer | 45 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Huntsinger Jeffer Inc Direct Mail | 9/29/21 | $185,993 |
Marts Lundy Consulting | 9/29/21 | $128,014 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,238,682 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,311,557 |
| Noncash contributions included in lines 1a–1f | $5,188 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,550,239 |
| Total Program Service Revenue | $0 |
| Investment income | $186,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $264,046 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,500,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,309,365 |
| 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. | $944,936 |
| Compensation of current officers, directors, key employees. | $548,589 |
| Compensation to disqualified persons | $1,966,873 |
| Other salaries and wages | $25,633 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $695,822 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,050 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $266,721 |
| Fees for services: Investment Management | $10,088 |
| Fees for services: Other | $15,425 |
| Advertising and promotion | $63,112 |
| Office expenses | $6,392 |
| Information technology | $31,539 |
| Royalties | $0 |
| Occupancy | $144,054 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,521 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $125,788 |
| Total functional expenses | $33,637,364 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,222,774 |
| Savings and temporary cash investments | $18,650,394 |
| Pledges and grants receivable | $3,221,371 |
| Accounts receivable, net | $7,559 |
| 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 | $3,852 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,338,510 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,444,460 |
| Accounts payable and accrued expenses | $65,574 |
| 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 | $3,403,356 |
| Total liabilities | $3,468,930 |
| Net assets without donor restrictions | $2,606,808 |
| Net assets with donor restrictions | $27,368,722 |
| 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 | $33,444,460 |
Grants Awarded
Over the last fiscal year, Parkland Foundation has awarded $29,309,365 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: Support to PHHS Capital projects and patient programs | $29,058,175 |
PARKLAND CENTER FOR CLINICAL INNOVATION PURPOSE: Technology grant | $251,190 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parkland Foundation has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Kahn Education Foundation Dallas, TX PURPOSE: SUPPORT OF THEIR FREE MEDICAL SERVICES TO POOR | $3,000 |
Endowment Analysis
| Beg. Balance | $8,825,889 |
| Earnings | $1,172,567 |
| Net Contributions | $538,402 |
| Other Expense | $63,666 |
| Ending Balance | $10,473,192 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Methodist Healthcare Ministries Of South Texas Inc San Antonio, TX | $1,649,903,020 | $330,118,946 |
Dallas Safety Net Support Corporation Dallas, TX | $4,237,418 | $77,320,079 |
Baylor Health Care System Foundation Dallas, TX | $467,606,696 | $53,895,442 |
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 |