St Vincent Hospital Foundation Inc
- Assets
- $160.7m
- Revenue
- $22.8m
- Investments
- $13.4m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 08/1968
- Data as of
- 06/2021
- EIN
- 35-6088862
Organization Overview
St Vincent Hospital Foundation Inc, operating under the name Ascension St Vincent Foundation, is located in St Louis, MO. The organization was established in 1968. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Ascension St Vincent 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, Ascension St Vincent Foundation generated $22.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $5.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ascension St Vincent Foundation has awarded 61 individual grants totaling $54,267,814. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR ST. VINCENT HOSPITAL AND HEALTH CARE CENTER, INC., SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL THE PEOPLE IN THE COMMUNITIES THEY SERVE.
Describe the Organization's Program Activity:
FOUNDED IN 1968, ST. VINCENT INDIANAPOLIS FOUNDATION RAISES AND STEWARDS PHILANTHROPIC CONTRIBUTIONS TO SUPPORT THE HOSPITAL'S COMMUNITY PROGRAMS, CAPITAL PROJECTS, AND TO ENHANCE PATIENT CARE, ESPECIALLY FOR THE POOR AND VULNERABLE. LOCATED ON THE MAIN CAMPUS OF ASCENSION ST. VINCENT INDIANAPOLIS HOSPITAL, WE SUPPORT ASCENSION ST. VINCENT LOCATIONS IN INDIANAPOLIS, CARMEL, AND FISHERS, INCLUDING THE CARDIOVASCULAR RESEARCH INSTITUTE AND PEYTON MANNING CHILDREN'S HOSPITAL. OTHER ST. VINCENT FOUNDATIONS IN INDIANA EXIST TO SUPPORT LOCATIONS IN EVANSVILLE, KOKOMO, AND ANDERSON. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.
THE ST. VINCENT FOUNDATION PROVIDES SUPPORT AND GRANTS TO FUND A WIDE RANGE OF HOSPITAL-RELATED INITIATIVES, ALL FOCUSED ON HELPING THOSE IN NEED. FROM FUNDING CHARITY CARE TO SUPPORTING THE GREATEST NEEDS FOR THE HOSPITAL AT ANY ONE POINT IN TIME, THE ST. VINCENT FOUNDATION DEPENDS ON DONOR SUPPORT. NEARLY 100 PERCENT OF YOUR GIFT BENEFITS ASCENSION ST. VINCENT PATIENTS THROUGH MEDICAL RESEARCH, EDUCATION, TECHNOLOGY, EQUIPMENT, PROGRAMS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 9/2019) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $779,546 |
| Related organizations | $25,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,998,570 |
| Noncash contributions included in lines 1a–1f | $186,008 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,803,116 |
| Total Program Service Revenue | $0 |
| Investment income | $3,277,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,674,211 |
| Net Income from Fundraising Events | $44,319 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,799,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,187,150 |
| Grants and other assistance to domestic individuals. | $82,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $923,582 |
| Fees for services: Other | $75,137 |
| Advertising and promotion | $24,742 |
| Office expenses | $80,834 |
| Information technology | $134,722 |
| Royalties | $0 |
| Occupancy | $74,518 |
| Travel | $1,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,738 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,368 |
| Insurance | $0 |
| All other expenses | $3,903 |
| Total functional expenses | $5,397,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,585,666 |
| Pledges and grants receivable | $1,695,886 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,193 |
| Investments—publicly traded securities | $119,889,758 |
| Investments—other securities | $13,423,491 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,666 |
| Total assets | $160,686,660 |
| Accounts payable and accrued expenses | $112,716 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,090,919 |
| Total liabilities | $1,203,635 |
| Net assets without donor restrictions | $86,787,821 |
| Net assets with donor restrictions | $72,695,204 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $160,686,660 |
Grants Awarded
Over the last fiscal year, St Vincent Hospital Foundation Inc has awarded $3,175,253 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: General/Capital Support | $2,776,167 |
St Louis, MO PURPOSE: General/Capital Support | $211,257 |
St Louis, MO PURPOSE: General Support | $50,460 |
ST VINCENT CARMEL HOSPITAL INC PURPOSE: General/Capital Support | $44,774 |
HAND SURGERY ASSOCIATES OF INDIANA INC PURPOSE: Research grants | $27,191 |
St Louis, MO PURPOSE: General Support | $25,338 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that St Vincent Hospital Foundation Inc has recieved totaling $238,817.
| Awarding Organization | Amount |
|---|---|
Peyback Foundation Inc Independence, OH PURPOSE: GENERAL | $103,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $48,519 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: Dr. Michael Busk's Fund | $30,000 |
National Breast Cancer Foundation Inc Frisco, TX PURPOSE: Screening & Diagnostics | $20,000 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $14,100 |
Community Foundation Of Boone County Inc Lebanon, IN PURPOSE: CANCER ART PROGRAM | $10,000 |
Endowment Analysis
| Beg. Balance | $50,636,651 |
| Earnings | $11,109,446 |
| Net Contributions | $1,071,885 |
| Other Expense | $437,903 |
| Grants | $268,250 |
| Ending Balance | $62,111,829 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem Lexington, KY | $4,313,780 | $19,547,175 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Childrens Hospital Foundation Louisville, KY | $121,952,447 | $19,774,743 |
Southern Illinois Laborers & Empl Health & Welfare Fund Marion, IL | $23,536,245 | $17,167,946 |
Le Bonheur Childrens Hospital Foundation Memphis, TN | $96,675,707 | $25,710,554 |
Cardinal Glennon Childrens Foundation St Louis, MO | $175,256,703 | $38,879,675 |
Manatts Inc Group Health Plan & Tr Brooklyn, IA | $3,919,154 | $13,220,530 |
Communicare Services Elizabethtown, KY | $10,036,197 | $20,763,461 |