Texas Essential Healthcare Partnerships Foundation
- Assets
- $13.7m
- Revenue
- $237.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- Data as of
- 12/2022
- EIN
- 83-3382093
Organization Overview
Texas Essential Healthcare Partnerships Foundation is located in Austin, TX. 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. Texas Essential Healthcare Partnerships 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 12/2022, Texas Essential Healthcare Partnerships Foundation generated $237.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 35.6% each year . All expenses for the organization totaled $223.4m during the year ending 12/2022. While expenses have increased by 33.6% per year over the past 4 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.
Since 2019, Texas Essential Healthcare Partnerships Foundation has awarded 304 individual grants totaling $450,193,577. 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
THE CHARITABLE PURPOSE OF TEXAS ESSENTIAL HEALTHCARE PARTNERSHIPS FOUNDATION IS TO INCREASE THE AMOUNT OF MEDICAID FUNDING AVAILABLE TO SUPPORT MEDICAL CARE FOR THE MEDICALLY INDIGENT POPULATION IN VARIOUS COUNTIES IN THE STATE OF TEXAS.THE GRANT PROGRAM IS DESIGNED TO INCREASE THE FLOW OF MEDICAID AND OTHER SUPPLEMENTAL FEDERAL HEALTHCARE FUNDS TO TEXAS PATIENTS, CONSISTENT WITH APPLICABLE FEDERAL AND STATE REQUIREMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEXAS ESSENTIAL HEALTHCARE PARTNERSHIP FOUNDATIONS MAKES GRANTS TO HOSPITALS LOCATED IN TEXAS TO HELP SUPPORT THE PROVISION OF MEDICAL CARE FOR MEDICALLY INDIGENT PATIENTS. SELECTED GRANTEES GENERALLY ARE (I) HOSPITALS THAT EITHER PARTICIPATE IN A LOCAL PROVIDER PARTICIPATION FUND (LPPF) OR ARE MEMBERS OF A HEALTH SYSTEM IN WHICH AT LEAST ONE HOSPITAL PARTICIPATES IN AN LPPF OR (II) RURAL HOSPITALS THAT MAY EXPERIENCE SOME BUDGETARY SHORTFALL AS A RESULT OF PROVIDING MEDICAL CARE TO A MEDICALLY INDIGENT POPULATION IN RURAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Christensen Director | Trustee | 0.5 | $0 |
Jackie Fisherman Director | Trustee | 0.5 | $0 |
William Galinsky Director/chair | OfficerTrustee | 0.5 | $0 |
Gary Troutman Director | Trustee | 0.5 | $0 |
Robbie Haddad Director | Trustee | 0.5 | $0 |
Mike Healey Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $237,072,039 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $237,072,039 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,072,039 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $223,369,564 |
| 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. | $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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $223,369,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,004,227 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,698,258 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,702,485 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $13,702,485 |
| Total liabilities and net assets/fund balances | $13,702,485 |
Grants Awarded
Over the last fiscal year, Texas Essential Healthcare Partnerships Foundation has awarded $224,679,203 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTHEALTH CENTRAL TEXAS | | | $1,066,160 |
ARISE AUSTIN MEDICAL CENTER | | | $2,996,959 |
AUSTIN LAKES BEHAVIORAL HOSPI | | | $1,199,533 |
BAYLOR SCOTT & WHITE MEDICAL | | | $520,788 |
BAYLOR SCT WHITE TEXAS SPINE | | | $104,401 |
BRUSHY CREEK FAMILY HOSPITAL | | | $94,512 |