Stoughton Hospital Foundation Inc

Organization Overview

Stoughton Hospital Foundation Inc is located in Stoughton, WI. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stoughton Hospital Foundation Inc 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 09/2021, Stoughton Hospital Foundation Inc generated $293.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $343.9k during the year ending 09/2021. 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

RAISES FUNDS TO BENEFIT STOUGHTON HOSPITAL AND TO SUPPORT ITS SERVICES AND PROJECTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

STOUGHTON HOSPITAL FOUNDATION, INC. WAS INCORPORATED TO ATTRACT CHARITABLE GIFTS TO MEET THE NEEDS OF STOUGHTON HOSPITAL ASSOCIATION. THE FOUNDATION IS COMMITTED TO USING THESE RESOURCES WISELY AND EFFICIENTLY, KEEPING IN MIND THE DONOR'S PURPOSE AND THE NEEDS OF THE COMMUNITIES SERVED BY STOUGHTON HOSPITAL. WE WORK TO PROVIDE MEANINGFUL GIVING OPPORTUNITIES FOR PEOPLE SEEKING TO GIVE BACK TO THEIR COMMUNITY. SINCE 1994, THANKS TO THE GENEROUS DONATIONS OF HUNDREDS OF DONORS, THE STOUGHTON HOSPITAL FOUNDATION HAS RAISED AND CONTRIBUTED MORE THAN $8.7 MILLION FOR STOUGHTON HOSPITAL'S PROGRAMS, SERVICES AND EQUIPMENT WITH APPROXIMATELY $200,000 GIVEN IN FISCAL YEAR 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Mays
Foundation Executive Director
$46,336
Jessica Pharo
President
$0
Tom Pertzborn
Vice President
$0
Mike Daniels
Secretary/treasurer
$0
Brad Schroeder
Immediate Past President
$0
Terence Brenny
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$29,484
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$197,753
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$227,237
Total Program Service Revenue$0
Investment income $10,084
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,432
Net Income from Fundraising Events $14,609
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $293,362

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Stoughton Hospital Foundation Inc has recieved totaling $126,908.

Awarding OrganizationAmount
Edwin E And Janet L Bryant Foundation

Stoughton, WI

PURPOSE: MEDICAL SUPPORT, EQUIPMENT, CAPITAL CAMPAIGN, PRESCRIPTION DRUG PROGRAM

$121,000
J P C Foundation

Janesville, WI

PURPOSE: HEALTHCARE SUPPORT

$4,100
Locke Family Foundation Inc

Middleton, WI

PURPOSE: TO SUPPORT THE WORK DONE BY THE STOUGHTON HOSPITAL FOUNDATION.

$1,000
Backus Family Foundation Inc

Miromar Lakes, FL

PURPOSE: GENERAL SUPPORT

$500
Alliant Energy Foundation Inc

Madison, WI

PURPOSE: MATCHING GIFTS

$200
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$108
View Grant Recipient Profile

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