La Societe Francaise De Bienfaisance Mutuelle
- Assets
- $3.2m
- Revenue
- $207.2k
- Investments
- $56.0k
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 11/1988
- Data as of
- 06/2021
- EIN
- 94-3044670
Organization Overview
La Societe Francaise De Bienfaisance Mutuelle, operating under the name French Hospital Foundation, is located in San Francisco, CA. The organization was established in 1988. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French Hospital 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 06/2021, French Hospital Foundation generated $207.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $55.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE IS TO SERVE THE MEDICAL AND SOCIAL NEEDS OF PERSONS OF FRENCH ORIGIN OR DESCENT IN THE SF BAY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN LINE WITH THE ORGANIZATION'S PRIMARY PURPOSE, DONATIONS WERE MADE TO VARIOUS ORGANIZATIONS: SOCIETE D'ENTRAIDE, 3,000 TO AID COMPATRIOTS IN NEED; FRENCH-AMERICAN FOUNDATION FOR MEDICAL RESEARCH AND EDUCATION, 10,000 TO AID AND PROVIDE FINANCIAL ASSISTANCE TO A LARGE NUMBER OF HEALTH PROFESSIONALS IN THE BAY AREA.
THE PRIMARY EXEMPT PURPOSE IS TO SERVE THE MEDICAL AND SOCIAL NEEDS OF PERSONS OF FRENCH ORIGIN OR DESCENT IN THE SF BAY AREA. THE ORGANIZATION ALSO ASSISTS FRENCH VISITORS WITH PROBLEMS THAT MAY ARISE WHILE IN THE AREA, AS WELL AS LENDING SUPPORT TO FRENCH SOCIAL AND CULTURAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcel Kapulica Treasurer | Officer | $0 | |
Andre Armand Vice Preside | Officer | $0 | |
Mark Libarle Director | Officer | $0 | |
Paul Tour-Sarkissian President | Trustee | $0 | |
George Vieux Director | Trustee | $0 | |
Patrick Patterson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $76,546 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $123,766 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $207,185 |
| Statement of Expenses | |
|---|---|
| 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 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 | $2,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,297 |
| Fees for services: Other | $3,568 |
| Advertising and promotion | $0 |
| Office expenses | $10,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,710 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,502 |
| Interest | $9 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,125 |
| All other expenses | $0 |
| Total functional expenses | $55,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $500 |
| Investments—publicly traded securities | $2,923,878 |
| Investments—other securities | $56,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,164,342 |
| 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 |
| Total liabilities and net assets/fund balances | $3,164,342 |
Grants Awarded
Over the last fiscal year, La Societe Francaise De Bienfaisance Mutuelle has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: BASTILLE DAY | $10,000 |
San Francisco, CA PURPOSE: MEDICAL RESEARCH | $10,000 |
San Francisco, CA PURPOSE: MEDICAL RESEARCH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alu Like Inc Honolulu, HI | $2,290,492 | $9,028,851 |
Sacramento Chinese Community Service Center Inc Sacramento, CA | $4,354,396 | $9,145,000 |
Central American Resource Center - Carecen - Of California Los Angeles, CA | $10,035,647 | $7,843,220 |
Central American Resource Center Carecen Of Northern California San Francisco, CA | $2,586,265 | $9,324,571 |
Alianza Nacional De Campesinas Inc Oxnard, CA | $1,552,318 | $8,642,187 |
The Seventh Generation Fund For Indigenous Peoples Inc Arcata, CA | $11,269,311 | $11,321,749 |
Family Bridges Inc Oakland, CA | $13,216,729 | $7,001,023 |
Centro Cultural De Condado De Washington Cornelius, OR | $5,601,313 | $8,715,146 |
Adelante Mujeres Forest Grove, OR | $6,994,126 | $6,213,932 |
International Outreach Services Mililani, HI | $2,260,191 | $4,332,348 |
La Raza Community Resource Center Inc San Francisco, CA | $1,779,318 | $5,410,893 |
Phoenix Indian Center Phoenix, AZ | $3,230,843 | $4,638,473 |