Magee Rehabilitation Hospital Foundation

Organization Overview

Magee Rehabilitation Hospital Foundation is located in Philadelphia, PA. The organization was established in 1999. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Magee Rehabilitation 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, Magee Rehabilitation Hospital Foundation generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 0.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE CONTINUUM OF NEEDS FOR PEOPLE WITH PHYSICAL & COGNITIVE DISABILITIES & THEIR FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES SUPPORT TO MAGEE REHABILITATION HOSPITAL.MAGEE REHABILITATION HOSPITAL OFFERS PROGRAMS AND SERVICES TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE WITH PHYSICAL AND COGNITIVE DISABILITIES. SUPPORT PROVIDED BY THE MAGEE REHABILITATION HOSPITAL FOUNDATION ENHANCES THE CARE OF MAGEE PATIENTS AND THE QUALITY OF LIFE OF ADULTS WITH DISABILITIES WHO RETURN TO THE COMMUNITY, REGARDLESS OF WHETHER OR NOT THEY WERE PATIENTS AT MAGEE. COMPREHENSIVE PATIENT REHABILITATION CARE ADDRESSES THE MEDICAL, PHYSICAL, PSYCHOLOGICAL, SOCIAL, SPIRITUAL, VOCATIONAL AND ECONOMIC ASPECTS OF PATIENTS AND THEIR FAMILIES. CONTINUED ON SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
William L Conrad
Chairman
$0
David S Rasner ESQ
Vice Chair
$0
James E George MD JD
Vice Chair
$0
Laura Torchin
Vice Chair
$0
Paul Clegg
Treasurer
$0
Robert Kautzman
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$516,433
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$1,968,078
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,494,511
Total Program Service Revenue$0
Investment income $847,003
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,872,331
Net Income from Fundraising Events -$4,088
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,209,757

Grants Awarded

Over the last fiscal year, Magee Rehabilitation Hospital Foundation has awarded $2,000,000 in support to 2 organizations.

Grant RecipientAmount

MAGEE REHABILIATION HOSPITAL

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: MAGEE REHABILITATION HOSPITAL FOUNDATION PROVIDES FUNDS TO MAGEE REHABILITATION HOSPITALIN SUPPORT OF ITS PROGRAMS, SERVICES ADN EDUCATION FOR INDIVIDUALS WITH PHYSICAL AND COGNITIVE DISABILITIES. THE FOUNDATION BOARD OF TRUSTEES MONITORS THE USE OF THESE FUNDS THROUGH RECEIPT OF HOSPITAL FINANCIAL STATEMENTS ADN HEARING PERIODIC PRESENTATIONS ON VARIOUS HOSPITAL PROGRAMS.

$2,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 32 grants that Magee Rehabilitation Hospital Foundation has recieved totaling $805,810.

Awarding OrganizationAmount
William Penn Foundation

Philadelphia, PA

PURPOSE: PROVIDE ADOLESCENTS WITH RESOURCES TO ACHIEVE ACADEMIC AND VOCATIONAL GOALS DURING REHABILITATION

$256,800
Gff Foundation

Woodbury, NJ

PURPOSE: CHARITABLE

$73,500
Fisher Family Foundation

Philadelphia, PA

PURPOSE: GENERAL USE

$55,000
Connelly Foundation

West Conshohocken, PA

PURPOSE: ADOLESCENT AND YOUNG ADULT (AYA) ASSISTIVE TECHNOLOGY PROGRAM

$50,000
Connelly Foundation

West Conshohocken, PA

PURPOSE: GENERAL OPERATIONS

$50,000
Sordoni Foundation Inc

Forty Fort, PA

PURPOSE: CHARITABLE

$50,000
View Grant Recipient Profile

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