St Lukes Health Foundation Ltd
- Assets
- $50.2m
- Revenue
- $12.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 08/2003
- Data as of
- 09/2021
- EIN
- 81-0600973
Organization Overview
St Lukes Health Foundation Ltd is located in Boise, ID. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lukes Health Foundation Ltd 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, St Lukes Health Foundation Ltd generated $12.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $11.2m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, St Lukes Health Foundation Ltd has awarded 29 individual grants totaling $47,307,590. 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
CULTIVATE PHILANTHROPY FOR RELATED ORGANIZATIONS WITHIN THE ST. LUKE'S HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTIVATE AND ENCOURAGE PHILANTHROPYTHE FOUNDATION'S PURPOSE IS TO CULTIVATE AND ENCOURAGE PHILANTHROPY TO SUPPORT PRIMARILY THE MISSIONS OF ST. LUKE'S REGIONAL MEDICAL CENTER, LTD., ST. LUKE'S MAGIC VALLEY REGIONAL MEDICAL CENTER, LTD., AND ST. LUKE'S NAMPA MEDICAL CENTER, LTD. ALL OF WHICH ARE RELATED ORGANIZATIONS WITHIN THE ST. LUKE'S HEALTH SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Roth CEO & Director | OfficerTrustee | 2 | $0 |
Bill Gilbert Chair (end 11/2020) | OfficerTrustee | 2 | $0 |
Dave Snelson Chair | OfficerTrustee | 2 | $0 |
Jeff Cilek Executive Director | Officer | 2 | $0 |
Margaret Dougherty Managing Counsel/secretary | Officer | 2 | $0 |
Edna Pierson Director (start 12/2020) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $429,119 |
| Related organizations | $2,713,346 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,008,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,150,481 |
| Total Program Service Revenue | $805 |
| Investment income | $448,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $579,093 |
| Net Income from Fundraising Events | $188,304 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,367,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,685,712 |
| Grants and other assistance to domestic individuals. | $11,173 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $80,152 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,709 |
| Office expenses | $48,191 |
| Information technology | $77 |
| Royalties | $0 |
| Occupancy | $1,429 |
| Travel | $18,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $46,512 |
| Total functional expenses | $11,225,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $239,140 |
| Pledges and grants receivable | $3,130,011 |
| 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 | $25,168 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $21,812,301 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,969,485 |
| Total assets | $50,176,105 |
| Accounts payable and accrued expenses | $87,417 |
| 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 | $0 |
| Total liabilities | $87,417 |
| Net assets without donor restrictions | $32,396,811 |
| Net assets with donor restrictions | $17,691,877 |
| 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 | $50,176,105 |
Grants Awarded
Over the last fiscal year, St Lukes Health Foundation Ltd has awarded $8,614,513 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Boise, ID PURPOSE: Provide support for the overall operation and capital needs of St. Luke's Regional Medical Center | $7,063,404 |
Boise, ID PURPOSE: Provide support for the overall operation and capital needs of St. Luke's Nampa Medical Center | $522,149 |
Boise, ID PURPOSE: Provide support for the overall operation needs of St. Luke's Health System | $507,006 |
Boise, ID PURPOSE: Provide support for the overall operation needs of St. Luke's Magic Valley Regional Medical Center | $453,754 |
Sun Valley, ID PURPOSE: Support Killebrew Thompson Memorial | $68,200 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that St Lukes Health Foundation Ltd has recieved totaling $18,000.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $13,000 |
Idaho Power Foundation Inc Boise, ID PURPOSE: 2022 KID FOR A NIGHT | $5,000 |
Endowment Analysis
| Beg. Balance | $18,158,634 |
| Earnings | $4,975,742 |
| Net Contributions | $850,952 |
| Other Expense | $1,444,170 |
| Ending Balance | $22,541,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Intermountain Healthcare Foundation Inc Salt Lake City, UT | $1,015,622,351 | $102,213,208 |
Swedish Medical Center Foundation Seattle, WA | $149,925,707 | $36,132,164 |
Seattle Childrens Healthcare System Seattle, WA | $1,236,637,312 | $122,583,383 |
Wyoming Medical Center Foundation Casper, WY | $297,053,839 | $17,341,207 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Multicare Health Foundation Tacoma, WA | $69,482,903 | $11,201,582 |
Overlake Hospital Association Bellevue, WA | $31,794,126 | $12,421,472 |
Intermountain Community Care Foundation Inc Salt Lake City, UT | $555,039,402 | $294,432,556 |
Headwaters Health Foundation Of Western Montana Missoula, MT | $106,148,941 | $5,570,203 |
Utah Partners For Health Midvale, UT | $4,728,411 | $5,657,767 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Bio Ventures For Global Health Seattle, WA | $5,318,274 | $3,211,056 |