Mary Bridge Childrens Foundation

Organization Overview

Mary Bridge Childrens Foundation is located in Tacoma, WA. The organization was established in 1991. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Mary Bridge Childrens Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Bridge Childrens 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 12/2021, Mary Bridge Childrens Foundation generated $43.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $10.0m during the year ending 12/2021. While expenses have increased by 5.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARY BRIDGE CHILDREN'S FOUNDATION SUPPORTS THE FACILITIES, PROGRAMS AND THE OPERATIONS OF THE MULTICARE HEALTH SYSTEM'S, A RELATED HEALTHCARE TAX-EXEMPT ENTITY, PEDIATRIC NETWORK AND MULTICARE MARY BRIDGE CHILDREN'S HOSPITAL.IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $1,637,051 IN FUNDING TO CHARITY, FAMILY ASSISTANCE AND HELPING HANDS. THE SUPPORT ALLOWED FOR THE PURCHASE OF PRESCRIPTIONS, WHEELCHAIRS, FOOD, CLOTHING, GAS VOUCHERS AND TRANSPORTATION FOR PATIENTS AND THEIR FAMILIES.


IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $1,114,390 IN FUNDING FOR NEW NMD MONITORS TO MARY BRIDGE CHILDREN'S HOSPITAL'S VARIOUS DEPARTMENTS AND CLINICS. THE SUPPORT ALLOWED FOR THE PURCHASE OF NEW TECHNOLOGY AND EQUIPMENT.


IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION SPONSORED THE EXPANSION AND THE PURCHASE OF THE LATEST TECHNOLOGY AT THE MULTICARE'S MARY BRIDGE CHILDREN'S OUTPATIENT CENTER IN OLYMPIA. OLYMPIA OUTPATIENT CENTER OFFERS PEDIATRIC SPECIALTY CARE AND THERAPY SERVICES SUCH AS: PEDIATRIC URGENT CAREEEGS, DEVELOPMENTAL BEHAVIORAL PEDIATRICS, EAR, NOSE & THROAT, ENDOCRINOLOGYGASTROENTEROLOGY, HEPATOLOGY & NUTRITION, GENERAL SURGERY, MEDICAL IMAGING (DIGITAL X-RAY), NEUROLOGY, PULMONOLOGY, PHYSICAL MEDICINE & REHABILITATION ETC.


MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED ADDITIONAL PROGRAM SUPPORT FOR OTHER PROGRAMS IN THE AMOUNT OF $1,705,341. THE PROGRAMS ARE A COMBINATION OF CAPITAL AND OPERATIONAL FUNDING TO THE MULTICARE MARY BRIDGE PEDIATRIC NETWORK AND MARY BRIDGE CHILDREN'S HOSPITAL.THOSE INCLUDE: SEXUAL ASSAULT, THE CENTER FOR CHILDHOOD SAFETY, THE TREEHOUSE, BRIDGES/CAMP ERIN (A PROGRAM FOR CHILDREN WHO HAVE LOST FAMILY MEMBERS), COMPLEX CARE/COMFORT THERAPY, RESEARCH, SLEEP LAB, ADOLESCENT BEHAVIORAL HEALTH, PARENTING PARTNERSHIP (AN OUTREACH PROGRAM FOR FAMILIES WITH FRAGILE CHILDREN DISCHARGED FROM THE NEONATAL INTENSIVE CARE UNIT), AND OTHER MISCELLANEOUS PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Alicia Chapman
Exec. Dir.
$234,747
Stephen M Saalfeld
Philanthropy Officer
$102,566
Nicholas Rajacich MD
Chair,physician
$0
Michele Cannon MD
Vice Chair,physician
$0
Gloria Mayer
Secretary
$0
Ronna Schreiner
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$16,949
Membership dues$0
Fundraising events$2,022,363
Related organizations$4,522,530
Government grants $961,616
All other contributions, gifts, grants, and similar amounts not included above$25,824,102
Noncash contributions included in lines 1a–1f $13,005,060
Total Revenue from Contributions, Gifts, Grants & Similar$33,347,560
Total Program Service Revenue$0
Investment income $8,119,572
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$20,550
Net Income from Fundraising Events $1,645,878
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,092,460

Grants Recieved

Over the last fiscal year, we have identified 31 grants that Mary Bridge Childrens Foundation has recieved totaling $6,903,980.

Awarding OrganizationAmount
Multicare Health System

Tacoma, WA

PURPOSE: ASSISTANCE FOR OPERATING EXPENSES.

$4,522,530
Oscar T And Olivann Hokoldfoundation

Lakewood, WA

PURPOSE: NEW MARY BRIDGE HOSPITAL

$1,000,000
Tom And Meg Names Family Foundation

Fircrest, WA

PURPOSE: TO SUPPORT THE FESTIVAL OF TREES FUND A NEED

$550,047
Korum For Kids Foundation

Puyallup, WA

PURPOSE: ONCOLOGY UNIT

$400,000
Cystic Fibrosis Foundation

Bethesda, MD

PURPOSE: CF CARE CENTER

$82,485
Greater Tacoma Community Foundation

Tacoma, WA

PURPOSE: OPERATING SUPPORT, PROGRAM SUPPORT

$61,767
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$103,366,145
Earnings$3,160,465
Admin Expense-$12,000
Net Contributions$30,752,160
Other Expense$1,455,323
Ending Balance$135,835,447

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