Centerstone Foundation Inc

Organization Overview

Centerstone Foundation Inc is located in Nashville, TN. The organization was established in 2014. According to its NTEE Classification (F11) the organization is classified as: Single Organization Support, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Centerstone Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centerstone 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 06/2022, Centerstone Foundation Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 8.2% per year over the past 7 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 2015, Centerstone Foundation Inc has awarded 41 individual grants totaling $15,288,810. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE DEDICATED TO DELIVERING CARE THAT CHANGES PEOPLE'S LIVES.THE CENTERSTONE FOUNDATION SECURES PHILANTHROPIC RESOURCES TO SUPPORT CENTERSTONE'S MISSION OF, "DELIVERING CARE THAT CHANGES PEOPLE'S LIVES" BOTH NOW AND IN THE FUTURE. IN ADDITION TO SECURING PHILANTHROPIC RESOURCES FOR ITS AFFILIATES AND THE PEOPLE WE SERVE, THE FOUNDATION IS CHARGED WITH PROVIDING EFFECTIVE STEWARDSHIP OF ENDOWMENTS, INCLUDING INVESTMENT AND DISBURSEMENTS. WE ARE DEDICATED TO IMPROVING THE QUALITY OF LIFE OF THE INDIVIDUALS AND FAMILIES WHO COME TO CENTERSTONE FOR CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CENTERSTONE FOUNDATION SECURES PHILANTHROPIC RESOURCES TO SUPPORT CENTERSTONE'S NOBLE PURPOSE, "DELIVERING CARE THAT CHANGES PEOPLE'S LIVES," BOTH NOW AND IN THE FUTURE. IN ADDITION TO SECURING PHILANTHROPIC RESOURCES FOR ITS AFFILIATES AND THE PEOPLE WE SERVE, THE FOUNDATION IS CHARGED WITH PROVIDING EFFECTIVE STEWARDSHIP OF ENDOWMENTS, INCLUDING INVESTMENT AND DISBURSEMENTS. WE ARE DEDICATED TO IMPROVING THE QUALITY OF LIFE OF THE INDIVIDUALS AND FAMILIES WHO COME TO CENTERSTONE FOR CARE. CENTERSTONE OF INDIANA IS THE SOLE CORPORATE MEMBER OF THE CENTERSTONE FOUNDATION.THE CENTERSTONE FOUNDATION IS STRUCTURED TO BE CONNECTED TO ONE OF ITS BENEFICIARIES. THEREFORE, CENTERSTONE OF INDIANA IS THE SOLE CORPORATE MEMBER OF THE CENTERSTONE FOUNDATION. AND, CENTERSTONE OF AMERICA, INC. IS THE SOLE CORPORATE MEMBER OF CENTERSTONE OF INDIANA. FOR THE 2022 TAX YEAR ENDED JUNE 30, 2022, CENTERSTONE OF AMERICA AND ITS AFFILIATES EARNED GROSS REVENUE OF $279 MILLION. CENTERSTONE IS A NATIONALLY RECOGNIZED, NOT-FOR-PROFIT BEHAVIORAL HEALTH CARE ORGANIZATION DEDICATED TO DELIVERING CARE THAT CHANGES PEOPLE'S LIVES. WE PROVIDE MENTAL HEALTH AND SUBSTANCE USE TREATMENT, RELATED CRISIS CARE, EDUCATION AND SUPPORT TO PEOPLE OF ALL AGES IN COMMUNITIES IN FLORIDA, ILLINOIS, INDIANA, KENTUCKY, AND TENNESSEE. WE ALSO SERVE SPECIALIZED POPULATIONS INCLUDING SERVICE MEMBERS, VETERANS AND THEIR LOVED ONES, INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, AND AT-RISK CHILDREN. OUR RESEARCH INSTITUTE IMPROVES BEHAVIORAL HEALTH CARE THROUGH RESEARCH, EVALUATION AND TECHNOLOGY, AND OUR FOUNDATION SECURES PHILANTHROPIC RESOURCES TO SUPPORT OUR WORK. OPERATING WITH APPROXIMATELY 3,800 EMPLOYEES, CENTERSTONE PROVIDES LIFE-CHANGING AND LIFE-SAVING SERVICES TO MORE THAN 125,000 INDIVIDUALS AND FAMILIES THROUGHOUT THE COMMUNITIES WE SERVE.THE FOUNDATION'S AFFILIATES INCLUDE:CENTERSTONE OF FLORIDA IS THE LEADING COMMUNITY BEHAVIORAL HEALTH HOSPITAL AND OUTPATIENT PRACTICE IN SOUTHWEST FLORIDA. WITH A HISTORY SPANNING MORE THAN SIX DECADES AND FULL CONTINUUM OF BEHAVIORAL HEALTH SERVICES, WE ARE WORKING TO CHANGE THE LIVES OF CHILDREN, TEENS, ADULTS AND SENIORS WHO FACE TRAUMA, ADDICTIONS, PSYCHIATRIC ILLNESSES AND EMOTIONAL DISORDERS. CENTERSTONE OF FLORIDA SERVES MORE THAN 16,000 PEOPLE OF ALL AGES. CENTERSTONE OF FLORIDA IS ACCREDITED BY THE JOINT COMMISSION. CENTERSTONE OF ILLINOIS SERVES CHILDREN, YOUTH, ADULTS AND FAMILIES THROUGH MENTAL HEALTH COUNSELING, SUBSTANCE USE TREATMENT, LIFE SKILLS ENRICHMENT PROGRAMS, EARLY CHILDHOOD SERVICES, AND SPECIALIZED SERVICES FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. EACH YEAR, CENTERSTONE OF ILLINOIS SERVICES MORE THAN 11,000 PEOPLE OF ALL AGES IN SOUTHERN ILLINOIS AND THE METRO EAST ST. LOUIS AREA. WE ARE ACCREDITED BY CARF INTERNATIONAL.CENTERSTONE OF INDIANA PROVIDES AN ARRAY OF MENTAL HEALTH TREATMENT, SUBSTANCE USE DISORDER TREATMENT, INTEGRATED PRIMARY CARE, THERAPEUTIC FOSTER CARE AND SUPPORTIVE SERVICES TO APPROXIMATELY 30,000 PEOPLE OF ALL AGES ACROSS SOUTHERN AND CENTRAL INDIANA EACH YEAR. CENTERSTONE HAS BEEN RECOGNIZED BY THE STATE OF INDIANA FOR ITS INNOVATIVE SERVICES IN ADDICTIONS CARE AND RE-ENTRY SERVICES. WE ARE ACCREDITED BY CARF INTERNATIONAL AND HAVE RECEIVED HEALTH HOME STATUS. CENTERSTONE OF INDIANA'S SUBSIDIARIES INCLUDE THE CENTERSTONE FOUNDATION, INC., CENTERSTONE SUPPORTIVE HOUSING, LLC AND INDEPENDENT LIVING. CENTERSTONE'S RESEARCH INSTITUTE IS DEDICATED TO BRIDGING THE GAP BETWEEN EVIDENCE AND PRACTICE, BRINGING INDUSTRY PROVEN AND HIGH-VALUE PRACTICES TO OUR PHYSICIANS, NURSES AND PRACTITIONERS. THIS IS ACCOMPLISHED THROUGH RESEARCH AND EVALUATION STUDIES TO DEFINE BEST PRACTICE AND ADVANCE THE TREATMENT AND PREVENTION OF MENTAL HEALTH AND ADDICTION DISORDERS. STAFF WORK CLOSELY WITH OUR CENTERSTONE AFFILIATES TO DELIVER CLINICALLY EXCELLENT, EVIDENCE-BASED AND VALUE-CARE MODELS. CENTERSTONE'S RESEARCH INSTITUTE EMBRACES TRANSPARENCY AND MEASUREMENT AS A MEANS TO ENHANCING PATIENT CARE.CENTERSTONE'S MILITARY SERVICES WORKS TO ENSURE THAT SERVICE MEMBERS, VETERANS AND THEIR FAMILIES HAVE THE RESOURCES AND SUPPORT NEEDED TO LEAD HEALTHY AND FULFILLING LIVES BEYOND MILITARY SERVICE. WE OFFER A VARIETY OF SERVICES TO ADDRESS MANY ISSUES INCLUDING COMBAT STRESS, TRAUMA, HOMELESSNESS, DEPRESSION, ADDICTION, MARRIAGE ISSUES, PARENT-CHILD RELATIONSHIP REPAIR, AND OTHER INVISIBLE WOUNDS OF WAR. THIS INCLUDES THOSE WHO ARE CURRENTLY SERVING OR HAVE SERVED IN ANY BRANCH OF THE MILITARY REGARDLESS OF DISCHARGE STATUS OR CONFLICT IN WHICH THEY SERVED.CENTERSTONE SOLUTIONS IS A SPECIALTY ORGANIZATION OF CENTERSTONE, CREATING HEALTHCARE MANAGEMENT SOLUTIONS THAT IMPROVE ACCESS TO SERVICES AND ADVANCE PATIENT CARE AND OUTCOMES. WE OPERATE A PROVIDER NETWORK THAT DELIVERS COUNSELING SERVICES FOR CENTERSTONE'S MILITARY SERVICES' REFERRALS, AND PROVIDE EMPLOYEE ASSISTANCE PROGRAMS AND OTHER EMPLOYEE WELLNESS SERVICES TO REGIONAL EMPLOYERS. CENTERSTONE OF TENNESSEE HAS PROVIDED A WIDE RANGE OF MENTAL HEALTH, ADDICTION, AND THERAPEUTIC FOSTER CARE SERVICES TO PEOPLE OF ALL AGES FOR MORE THAN 60 YEARS. THROUGH OPERATIONS IN THE MIDDLE AND EAST TENNESSEE REGIONS, CENTERSTONE SERVES OVER 55,000 CHILDREN, ADOLESCENTS, ADULTS AND SENIORS EACH YEAR. CENTERSTONE OF TENNESSEE IS ACCREDITED BY CARF INTERNATIONAL AND IS A MEMBER ORGANIZATION OF THE NATIONAL FOOTBALL LEAGUE'S NFL LIFELINE.HOMEWOOD INSURANCE COMPANY, INC. WAS FORMED IN JUNE 2021 AS A CAPTIVE INSURANCE COMPANY SOLELY OWNED BY CENTERSTONE OF AMERICA, INC. CENTERSTONE WILL UTILIZE THE CAPTIVE PRIMARILY AS A FORMALIZED FUNDING MECHANISM TO FACILITATE A GRADUAL INCREASE IN SELF-INSURED RETENTION THEREBY REDUCING THE COMPANY'S RELIANCE ON COMMERCIAL COVERAGE TO THE HIGHER, NON-WORKING LOSS EXPOSURE LAYERS. THE CAPTIVE WILL BE UTILIZED TO FUND THE COMPANY'S SELF-INSURED EXPOSURES FOR ITS MEDICAL PROFESSIONAL, GENERAL AND AUTOMOBILE LIABILITY PROGRAMS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Butler Snow Omara Cannada
Legal
$141,332
Relias Learning Llc
Staff Training
$238,492
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,980,815
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,980,815
Total Program Service Revenue$0
Investment income $271,083
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $281,341
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,584,900

Grants Awarded

Over the last fiscal year, Centerstone Foundation Inc has awarded $2,186,827 in support to 5 organizations.

Grant RecipientAmount

CENTERSTONE OF FLORIDA

Org PageRecipient Profile

Nashville, TN

PURPOSE: SUPPORT TAX-EXEMPT PURPOSE

$1,212,404

CENTERSTONE OF INDIANA

Org PageRecipient Profile

Nashville, TN

PURPOSE: SUPPORT TAX-EXEMPT PURPOSE

$503,168

CENTERSTONE OF TENNESSEE

Org PageRecipient Profile

Nashville, TN

PURPOSE: SUPPORT TAX-EXEMPT PURPOSE

$173,912

CENTERSTONE OF ILLINOIS

Org PageRecipient Profile

Nashville, TN

PURPOSE: SUPPORT TAX-EXEMPT PURPOSE

$172,861

CENTERSTONE MILITARY SERVICES

Org PageRecipient Profile

Nashville, TN

PURPOSE: SUPPORT TAX-EXEMPT PURPOSE

$124,482
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Centerstone Foundation Inc has recieved totaling $36,233.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$12,000
Raymond James Charitable Endowment Fund

St Petersberg, FL

PURPOSE: GENERAL SUPPORT

$10,000
The Community Fdn Of Middle Tn Inc

Nashville, TN

PURPOSE: EXPAND EXISTING THERAPEUTIC GROUPS FOCUSED ON SUICIDE PREVENTION TO CARE FOR ADULTS, ADOLESCENTS AND LGBTQI CLIENTS WHO EXPERIENCE SUICIDAL IDEATION.

$5,500
Enchiridion Foundation

Nashville, TN

PURPOSE: GENERAL SUPPORT FOR OPERATIONS

$5,000
Ahrens Family Foundation

Franklin, TN

PURPOSE: TO CONTINUE ONGOING PROGRAMS AND SERVICES

$2,500
Baird Foundation Inc

Milwaukee, WI

PURPOSE: HEALTH AND HUMAN SERVICES

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,213,853
Net Contributions$679,461
Ending Balance$5,893,314

Create an account to unlock the data you need.

or