St Marys Medical Center Foundation
- Assets
- $41.3m
- Revenue
- $5.2m
- Investments
- $9.0m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 10/1999
- Data as of
- 06/2021
- EIN
- 94-3336143
Organization Overview
St Marys Medical Center Foundation is located in San Francisco, CA. The organization was established in 1999. 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. St Marys Medical Center 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, St Marys Medical Center Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL ASSISTANCE AND SUPPORTING SERVICES TO DIGNITY HEALTH (DBA ST MARY'S MEDICAL CENTER).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS AN IRC SEC 509(A)(3) SUPPORTING ORGANIZATION TO DIGNITY HEALTH, DBA ST. MARY'S MEDICAL CENTER ("HOSPITAL"). AS A SUPPORTING ORGANIZATION, THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE HOSPITAL WHICH INCLUDE MAKING PAYMENTS DIRECTLY TO THE HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David G Klein MD Board Chair (thru 8/28/20) | OfficerTrustee | 2 | $0 |
Margine Sako Executive Director | OfficerTrustee | 50 | $0 |
John Umekubo MD Vice Chair (thru 8/2020)/ Chair (started 8/2020) | OfficerTrustee | 2 | $0 |
John Christian Secretary | OfficerTrustee | 2 | $0 |
Aaron Nelson Treasurer | OfficerTrustee | 2 | $0 |
Charles Thevnin CFO | Officer | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,050 |
| Related organizations | $928,599 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $726,082 |
| Noncash contributions included in lines 1a–1f | $50,751 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,709,731 |
| Total Program Service Revenue | $0 |
| Investment income | $1,022,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,445,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,177,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,824,363 |
| 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 | $9,080 |
| Fees for services: Investment Management | $80,208 |
| Fees for services: Other | $892,209 |
| Advertising and promotion | $200 |
| Office expenses | $22,382 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $507 |
| 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 | $355 |
| Total functional expenses | $2,833,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $656,444 |
| Pledges and grants receivable | $1,211,115 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $29,874,229 |
| Investments—other securities | $8,970,077 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $598,110 |
| Total assets | $41,309,975 |
| Accounts payable and accrued expenses | $76,039 |
| 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 | $275,778 |
| Total liabilities | $351,817 |
| Net assets without donor restrictions | $22,211,192 |
| Net assets with donor restrictions | $18,746,966 |
| 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 | $41,309,975 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that St Marys Medical Center Foundation has recieved totaling $583,801.
| Awarding Organization | Amount |
|---|---|
William G Irwin Charity Foundation San Francisco, CA PURPOSE: SUPPORT FOR EMERGENCY DEPARTMENT RENOVATION | $200,000 |
Herbst Foundation Inc Walnut Creek, CA PURPOSE: FACILITY IMPROVEMENTS | $150,000 |
Kalmanovitz Charitable Foundation Mill Valley, CA PURPOSE: PRIMARILY TO PROVIDE FUNDING TO SUPPORT SAINT MARY'S MEDICAL CENTER OPERATIONS. | $100,000 |
Childrens Brain Disease Foundation San Francisco, CA PURPOSE: TO PROVIDE SUPPORT FOR MEDICAL RESEARCH STAFF AND FACILITIES | $67,500 |
Carl Gellert And Celia Berta Gellert Foundation Daly City, CA PURPOSE: ST. MARY'S MEDICAL CENTER CHAPEL RELOCATION PROJECT | $25,000 |
Community Foundation Of The Napa Valley Napa, CA PURPOSE: FOR GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $9,423,852 |
| Earnings | $1,112,387 |
| Other Expense | $400,000 |
| Ending Balance | $10,136,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Calif Glaziers H&w Tr Fund Covina, CA | $29,114,155 | $20,946,347 |
Banner Health Foundation Phoenix, AZ | $138,766,928 | $27,502,678 |
Abc California Health Trust San Diego, CA | $8,208,446 | $18,293,053 |
Montage Health Foundation Monterey, CA | $246,774,163 | $32,937,422 |
Sun Health Foundation Sun City West, AZ | $41,548,364 | $9,339,372 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
John Muir Foundation Walnut Creek, CA | $65,372,142 | $20,131,142 |
Gallo Union Health Trust Modesto, CA | $21,480,077 | $14,963,749 |
Redwood Community Health Network Petaluma, CA | $4,126,775 | $12,982,178 |
Kuakini Foundation Honolulu, HI | $15,169,850 | $4,896,720 |
Martin Luther King Jr Community Health Foundation Los Angeles, CA | $43,323,066 | $8,250,886 |