Bon Secours Mercy Health Foundation

Organization Overview

Bon Secours Mercy Health Foundation is located in Cincinnati, OH. The organization was established in 2014. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 12/2019, Bon Secours Mercy Health Foundation employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Bon Secours Mercy Health Foundation generated $43.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $33.7m during the year ending 12/2019. While expenses have increased by 3.4% per year over the past 5 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 2014, Bon Secours Mercy Health Foundation has awarded 540 individual grants totaling $143,209,137. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE OPERATIONS OF MERCY HEALTH BY ENCOURAGING CHARITABLE GIVING AND EFFECTIVELY MANAGING GIFT RESOURCES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MERCY HEALTH FOUNDATION AWARDED $23,322,430 IN GRANTS DURING 2019 TO PROGRAMS THAT ADDRESS THE HEALTHCARE NEEDS OF PERSONS WHO ARE POOR AND UNDERSERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Member (beg 01/19)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$838,476
Related organizations$7,018,713
Government grants $3,165,207
All other contributions, gifts, grants, and similar amounts not included above$17,548,436
Noncash contributions included in lines 1a–1f $1,036,592
Total Revenue from Contributions, Gifts, Grants & Similar$28,570,832
Total Program Service Revenue$0
Investment income $3,475,078
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,000
Net Gain/Loss on Asset Sales $11,492,087
Net Income from Fundraising Events -$180,662
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,369,335

Grants Awarded

Over the last fiscal year, Bon Secours Mercy Health Foundation has awarded $20,254,982 in support to 76 organizations.

Grant RecipientAmount

MERCY HEALTH YOUNGSTOWN LLC

PURPOSE: Mission support

$3,962,132

MERCY HEALTH - ST VINCENT MEDICAL CENTER LLC

Org PageRecipient Profile

Youngstown, OH

PURPOSE: Mission support

$2,833,190

MERCY HEALTH - WEST HOSPITAL LLC

PURPOSE: Capital improvements & mission support

$1,542,824

MERCY HEALTH - REGIONAL MEDICAL CENTER LLC

PURPOSE: Mission support

$1,498,277

COMMUNITY MERCY HEALTH PARTNERS

Org PageRecipient Profile

Springfield, OH

PURPOSE: Mission support

$1,145,603

CENTRAL CATHOLIC HIGH SCHOOL

Org PageRecipient Profile

Toledo, OH

PURPOSE: Turf and track

$1,000,150
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bon Secours Mercy Health Foundation has recieved totaling $253,527.

Awarding OrganizationAmount
Ua Margaret E Sullivan 21854400

Cincinnati, OH

PURPOSE: ANNUAL FUND

$171,246
Community Foundation Of Lorain County

Elyria, OH

PURPOSE: PROGRAM SUPPORT

$64,480
Ray And Charyl Schroeder Grace Foundation

Woodruff, SC

PURPOSE: SUPPORT FOR NEW CHAPEL IN DOWNTOWN HOSPITAL LOBBY

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,801
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$60,641,857
Earnings$5,174,396
Net Contributions$615,308
Other Expense-$595,075
Ending Balance$67,026,636

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