Harris County Hospital District Foundation
- Assets
- $42.6m
- Revenue
- $23.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Bellaire, TX
- Founding
- 02/1994
- Data as of
- 02/2022
- EIN
- 76-0408224
Organization Overview
Harris County Hospital District Foundation is located in Bellaire, TX. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Harris County Hospital District 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 02/2022, Harris County Hospital District Foundation generated $23.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $50.4m during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harris County Hospital District Foundation has awarded 89 individual grants totaling $72,466,025. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO HARRIS HEALTH SYSTEM AND HEALTHCARE RENDERED TO HARRIS COUNTY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT FOR HARRIS HEALTH SYSTEM AND ALL HARRIS COUNTY RESIDENTS INCLUDING, BUT NOT LIMITED TO, A COMMUNITY OUTREACH PROGRAM, PEDIATRIC SUPPORT FOR CHILDREN OF ADULT PARENTS ENDURING STRESSORS, EDUCATION AND SUPPORT FOR MAMMOGRAPHY, MOBILE HEALTH VAN, AND OTHER PROGRAMS PROMOTING THE HEALTH, EDUCATION AND WELFARE OF HARRIS COUNTY RESIDENTS THROUGH THE HARRIS HEALTH SYSTEM FACILITIES AND SERVICES. CONTINUED ON SCHEDULE O.ALSO PROVIDED SUPPORT FOR THE CONSTRUCTION AND IMPROVEMENT OF THE BEN TAUB HOSPITAL LEVEL 1 TRAUMA CENTER (GINNI AND RICHARD MITHOFF TRAUMA CENTER) AND HOSPITAL COMPLEX. (THIS RESTRICTED GRANT MUST BE USED TO PAY HARD COSTS INCLUDING CONSTRUCTION AND MEDICAL EQUIPMENT ONLY; NONE OF THIS RESTRICTED GRANT MAY BE USED FOR SOFT COSTS INCLUDING OVERHEAD, ADMINISTRATIVE OR PROFESSIONAL FEES). THE FOUNDATION ALSO PROVIDED SUPPORT FOR THE CONSTRUCTION COSTS, IMPROVEMENT, FURNITURE, FIXTURES AND EQUIPMENT FOR THE CASA DE AMIGOS CLINIC RENOVATION AND EXPANSION PROJECT, THE LYNDON B. JOHNSON HOSPITAL COMPLEX, AND THE QUENTIN MEASE RENOVATION PROJECT.
PROVIDED SUPPORT FOR CHILDREN'S HEALTH INITIATIVES IN HARRIS COUNTY, INCLUDING MENTAL HEALTH SERVICES, EDUCATION AND GENERAL HEALTH AND FITNESS PROGRAMS.
PROVIDED SUPPORT FOR THE PURCHASE OF HOSPITAL SUPPLIES AND EQUIPMENT FOR THE HARRIS HEALTH SYSTEM THROUGH A GROUP PURCHASING PROGRAM AT DISCOUNTED PRICES AND REBATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Chadwick Treasurer | OfficerTrustee | 2 | $0 |
Matthew Plummer Jr DMD President | OfficerTrustee | 2 | $0 |
Wea Lee Assistant Treasurer | OfficerTrustee | 2 | $0 |
Theodore Franklin Chairman | OfficerTrustee | 4 | $0 |
Jay R Houren Vice Chair | OfficerTrustee | 2 | $0 |
Cynthia Adkins Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fayez Sarofim Investment Mgmt | 2/27/22 | $106,370 |
Jp Morgan Chase Bank Investment Mgmt | 2/27/22 | $129,557 |
Trevino Consulting Group Fundraising | 2/27/22 | $115,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $99,435 |
| Related organizations | $11,134 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,583,821 |
| Noncash contributions included in lines 1a–1f | $11,134 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,694,390 |
| Total Program Service Revenue | $0 |
| Investment income | $756,950 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $32,264 |
| Net Gain/Loss on Asset Sales | $17,554,654 |
| Net Income from Fundraising Events | -$7,162 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,031,096 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,567,674 |
| Grants and other assistance to domestic individuals. | $110,942 |
| 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 | $30,594 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $115,548 |
| Fees for services: Investment Management | $299,325 |
| Fees for services: Other | $56,452 |
| Advertising and promotion | $0 |
| Office expenses | $28,443 |
| Information technology | $25,242 |
| Royalties | $0 |
| Occupancy | $39,681 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,912 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,308 |
| All other expenses | $547 |
| Total functional expenses | $50,362,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,588 |
| Pledges and grants receivable | $8,719,662 |
| Accounts receivable, net | $36,283 |
| 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 | $16,588 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $33,677,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,615,141 |
| Accounts payable and accrued expenses | $144,776 |
| Grants payable | $502 |
| 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 | $145,278 |
| Net assets without donor restrictions | $4,360,471 |
| Net assets with donor restrictions | $38,109,392 |
| 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 | $42,615,141 |
Grants Awarded
Over the last fiscal year, Harris County Hospital District Foundation has awarded $49,421,255 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
HARRIS HEALTH SYSTEM PURPOSE: District Support & Community Outreach | $48,936,923 |
Houston, TX PURPOSE: Children's Health | $89,600 |
New York, NY PURPOSE: Children's Health | $80,825 |
Houston, TX PURPOSE: Children's Health | $75,000 |
Houston, TX PURPOSE: Children's Health | $38,907 |
Houston, TX PURPOSE: Children's Health | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Harris County Hospital District Foundation has recieved totaling $296,297.
| Awarding Organization | Amount |
|---|---|
Houston Regional Hiv Aids Resource Group Inc Houston, TX PURPOSE: HIV SERVICES AND CARE | $118,296 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $80,001 |
Good Samaritan Foundation Of Texas Inc Houston, TX PURPOSE: Nursing Excellence Program | $25,000 |
Community Health Choice Texas Inc Houston, TX PURPOSE: HEALTH EDUCATION | $20,000 |
Community Health Choice Texas Inc Houston, TX PURPOSE: HEALTH EDUCATION | $20,000 |
Vivian L Smith Foundation Houston, TX PURPOSE: GENERAL OPERATIONS | $15,000 |
Endowment Analysis
| Beg. Balance | $54,603,688 |
| Earnings | $6,438,275 |
| Net Contributions | $500 |
| Grants | $39,976,755 |
| Ending Balance | $21,065,708 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Essential Healthcare Partnerships Foundation Austin, TX | $3,184,613 | $86,533,051 |
Baptist Health Services Little Rock, AR | $51,469,112 | $76,869,884 |
Sealy & Smith Foundation Galveston, TX | $1,823,742,664 | $193,760,950 |
Mountaire Employees Medical Benefit Trust Little Rock, AR | $4,300,671 | $51,578,567 |
Transport Workers Mta Health And Welfare Tr Houston, TX | $10,025,707 | $53,517,376 |
Harris County Hospital District Foundation Bellaire, TX | $42,615,141 | $23,031,096 |
W I Cook Foundation Inc Fort Worth, TX | $3,246,012,284 | $259,660,047 |
Childrens Medical Center Foundation Dallas, TX | $1,970,405,088 | $64,214,565 |
Gshs Administrative Services Organization Inc Longview, TX | $3,821,992 | $32,386,518 |
Memorial Hermann Foundation Houston, TX | $128,175,720 | $33,729,240 |
St Joseph Services Corporation Bryan, TX | $46,581,742 | $27,740,881 |
Georges Inc Medical Tr Springdale, AR | $1,768,217 | $27,212,707 |