Mercy Development Foundation

Organization Overview

Mercy Development Foundation is located in Independence, OH. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Development 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 12/2020, Mercy Development Foundation generated $907.8k 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 (7.9%) each year. All expenses for the organization totaled $639.5k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2020, MERCY DEVELOPMENT FOUNDATION SOLICITED 6,218 GIFTS FROM 1,356 INDIVIDUALS, BUSINESSES, CORPORATIONS, ORGANIZATIONS, FOUNDATIONS AND GOVERNMENT AGENCIES. THESE DOLLARS SUPPORTED CAPITAL AND PROGRAMMING NEEDS OF CLEVELAND CLINIC MERCY HOSPITAL. SOME OF THE PROGRAMS SUPPORTED INCLUDED COVID EXPENDITURES, MORGUE EXPANSION PROJECT, DENTAL CLINIC, CANCER CENTER, CARDIOLOGY PROGRAMS IN MASSILLON, SEXUAL ASSAULT AND VICTIMS OF CRIME, MISSION AND MINISTRY OUTREACH AND AREAS OF GREATEST NEED. THE MERCY DEVELOPMENT FOUNDATION (MDF) SERVES IN AN ADVISORY ROLE TO THE MERCY SERVICE LEAGUE WHICH IS A SEPARATE 501(C)(3). IN 2020, THE MERCY SERVICE LEAGUE PRESENTED A DONATION OF $160,000 FOR ESTABLISHMENT OF A CLINICAL DECISION UNIT, A PART OF THE FACILITY TRANSFORMATION PROJECT, FROM THE PROCEEDS OF THE 2019 HARVEST BALL. IN ADDITION, THE MERCY SERVICE LEAGUE PRESENTED A DONATION OF $240,000 FOR THE SUPPORT OF CLEVELAND CLINIC MERCY HOSPITAL'S CANCER PATIENTS WHO ARE EXPERIENCING FINANCIAL HARDSHIP. THE STAFF OF THE FOUNDATION WORKED WITH THE MERCY SERVICE LEAGUE MEMBERS ON A FUNDRAISER CALLED HOPE AND HEROES WITH THE PROCEEDS BENEFITTING MERCY'S FRONTLINE CAREGIVERS BEING IMPACTED BY THE STRESS OF COVID.THE FOUNDATION'S STAFF RESEARCHES, PREPARES AND SUBMITS GRANTS IN SUPPORT OF THE NEEDS OF CLEVELAND CLINIC MERCY HOSPITAL. THROUGH THE FOUNDATION'S EFFORTS, MERCY HOSPITAL WAS DIRECTLY AWARDED A FEMA (FEDERAL EMERGENCY MANAGEMENT AGENCY)/OEMA (OHIO EMERGENCY MANAGEMENT AGENCY) GRANT IN RESPONSE TO HOSPITAL EXPENSES INCURRED DUE TO THE COVID PANDEMIC. MERCY ALSO WAS AWARDED A VICTIMS OF CRIME ACT (VOCA) GRANT FROM THE OFFICE OF THE ATTORNEY GENERAL. THIS GRANT SUPPORTS THE EFFORTS OF THE HEALING AFTER VIOLENT ENCOUNTERS NETWORK (HAVEN) WHICH PROVIDES MEDICAL FORENSIC NURSING CARE AND SUPPORT TO INDIVIDUALS IMPACTED BY VIOLENCE, ELDER ABUSE AND NEGLECT, DOMESTIC VIOLENCE, HUMAN TRAFFICKING AND SEXUAL ASSAULT. THE FOUNDATION ALSO WORKS WITH THE OHIO DEPARTMENT OF HEALTH TO SUPPORT WOMEN, INFANTS AND CHILDREN [WIC] PROGRAM THAT PROVIDES MEDICAL AND NUTRITIONAL CARE IN CARROLLTON, OHIO FOR MERCY'S OFFSITE LOCATION IN AN UNDERSERVED AREA. SPECIFIC 2020 PROGRAM SERVICE ACCOMPLISHMENTS INCLUDED:MERCY CHARITY CLAYS - DUE TO THE COVID PANDEMIC, THIS EVENT WAS HELD IN SEPTEMBER AT ONE OF THE MOST PRESTIGIOUS COURSES IN THE MIDWEST - HILL 'N DALE CLUB IN MEDINA. THE PROCEEDS FROM THIS EVENT BENEFITED THE HOSPITAL'S AREA OF GREATEST NEED.FORE MERCY'S SAKE - MERCY DEVELOPMENT FOUNDATION COORDINATES THIS ANNUAL GOLF OUTING WITH THE PROCEEDS BENEFITTING MERCY INTERNATIONAL MISSION OUTREACH (MIMO) AND THE HOSPITAL'S AREA OF GREATEST NEED. MIMO IS AN ANNUAL MEDICAL MISSION TRIP TO AN UNDERDEVELOPED COUNTRY. THE TRIP WAS CANCELLED IN 2020 DUE TO THE COVID PANDEMIC.2020 CAMPAIGN OF CARING - KEEPERS OF THE MISSION: HONORING HEALTHCARE HEROES - THIS EFFORT IS THE FOUNDATION'S ANNUAL APPEAL TO HOSPITAL EMPLOYEES, COMMUNITY DONORS AND BOARD MEMBERS. THE PROCEEDS FROM THE ANNUAL APPEAL BENEFIT THE HOSPITAL'S AREA OF GREATEST NEED. DONOR CULTIVATION AND STEWARDSHIP ACTIVITIES INCLUDE MERCY'S FOUNDERS DAY MASS AND BRUNCH IN THE LATER PART OF SEPTEMBER COMMEMORATING THE HOSPITAL'S FOUNDING DATE OF SEPTEMBER 24. THIS EVENT WAS CANCELLED DUE TO THE COVID PANDEMIC IN 2020. INVITATIONS WERE MODIFIED TO EXPRESS GRATITUDE TO OUR DONORS AND A PRAYER CARD WAS ADDED.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas J Strauss
Board Member
$0
David Stewart
Treasurer
$0
Thomas Turner
President
$0
Thomas Paumier DDS
Chairman
$0
Donald Peterson III
Immediate Past Chair
$0
John Prelac
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$49,372
Related organizations$26,500
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$835,969
Noncash contributions included in lines 1a–1f $18,834
Total Revenue from Contributions, Gifts, Grants & Similar$911,841
Total Program Service Revenue$0
Investment income $1,796
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$5,794
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $907,843

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mercy Development Foundation has recieved totaling $100,000.

Awarding OrganizationAmount
Fitzpatrick Foundation Inc

Canton, OH

PURPOSE: GENERAL SUPPORT

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$736,296
Earnings$62,050
Admin Expense$2,479
Net Contributions$2,000
Ending Balance$797,867

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