The Blessing Foundation Inc

Organization Overview

The Blessing Foundation Inc is located in Quincy, IL. The organization was established in 1983. 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. Blessing 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, Blessing Foundation Inc generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $4.5m during the year ending 09/2021. While expenses have increased by 9.0% 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

FOUNDED IN 1983, THE BLESSING FOUNDATION RAISES, MAINTAINS, AND DISBURSES CHARITABLY DONATED FUNDS FOR THE BENEFIT OF BLESSING HEALTH SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSES FOR WHICH THE BLESSING FOUNDATION, INC. IS ORGANIZED ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC, OR EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN FURTHERANCE OF THESE PURPOSES, THE CORPORATION SHALL PROMOTE AND SUPPORT, BY DONATION, LOAN OR OTHERWISE, THE INTERESTS AND PURPOSES OF BLESSING HOSPITAL, BLESSING CORPORATE SERVICES, INC., BLESSINGCARE CORPORATION DBA ILLINI COMMUNITY HOSPITAL, OR OTHER ORGANIZATIONS WHICH PROVIDE HEALTH CARE OR CONDUCT EDUCATION OR RESEARCH, PROVIDED, HOWEVER, THAT ANY SUCH ORGANIZATION SUPPORTED BY THE CORPORATION SHALL IN ALL EVENTS NOT BE A PRIVATE FOUNDATION AND BE AS DEFINED IN SECTION 501(C)(3) AND EITHER SECTION 509(A)(1) OR SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; AND THE CORPORATION SHALL RAISE FUNDS FOR ANY OR ALL OF THE ORGANIZATIONS DESCRIBED ABOVE FROM THE PUBLIC AND FROM ALL OTHER SOURCES AVAILABLE, AND SHALL RECEIVE, MAINTAIN, AND ADMINISTER SUCH FUNDS AND EXPEND PRINCIPAL AND INCOME THEREFROM IN FURTHERANCE OF THESE PURPOSES. THE FOLLOWING LISTS SPECIFIC EXPENDITURES IN REGARDS TO THE PURPOSE LISTED ABOVE. BLESSING HOSPITAL - TERESA ADAMS HOUSE CAPITAL CAMPAIGN 1,476,602 BLESSING HOSPITAL - FINANCIAL AID FOR STUDENT NURSES OF 1,473,751 BLESSING-RIEMAN COLLEGE OF NURSING BLESSING HOSPITAL - CARING CLUB FUND 168,090 BLESSING HOSPITAL - HOSPICE AND PALLIATIVE CARE 75,000 BLESSING HOSPITAL - STUDENT WORKER SUPPORT FOR BLESSING- 75,000 RIEMAN COLLEGE OF NURSING BLESSING HOSPITAL - CAPNOGRAPHY MONITORING SYSTEM FOR 23,770 EMERGENCY DEPARTMENT BLESSING HOSPITAL - FACULTY AND EMPLOYEE DEVELOPMENT FOR 18,000 BLESSING-RIEMAN COLLEGE OF NURSING BLESSING HOSPITAL - REHABILITATION INTERN PROGRAM 8,100 BLESSING HOSPITAL - EARLY LEARNING CENTER SCHOLARSHIPS 7,000 BLESSING HOSPITAL - HOSPICE MUSIC THERAPY 5,000 BLESSING HOSPITAL - EMPLOYEE DEVELOPMENT WORKSHOP FOR 5,000 BLESSING-RIEMAN COLLEGE OF NURSING BLESSING HOSPITAL - MANIKIN FOR EMS DEPARTMENT 4,917 BLESSING HOSPITAL - SUPLY CART FOR EMERGENCY DEPARTMENT 4,403 BLESSING HOSPITAL - COMMUNITY SPIRIT FUND 1,000 CULVER STOCKTON COLLEGE - FRANCES WATERKOTTE GRANT 700 BLESSING HOSPITAL - HANDHELD DOPPLER FOR EMERGENCY DEPARTMENT 294 TOTAL 3,346,627


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Board, Officers & Key Employees

Name (title)Compensation
Patrick M Gerveler
President
$0
Mary Ann Dickson
Secretary
$0
Cynthia A Meyer
Chairperson
$0
Jason Stratton
Vice-Chairma
$0
Timothy A Moore
Treasurer/v.
$0
Maureen A Kahn
Trustee
$0

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$7,046,760
Noncash contributions included in lines 1a–1f $838,237
Total Revenue from Contributions, Gifts, Grants & Similar$7,046,760
Total Program Service Revenue$0
Investment income $649,772
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,901,248
Net Gain/Loss on Asset Sales $2,736,342
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,335,361

Grants Awarded

Over the last fiscal year, The Blessing Foundation Inc has awarded $2,013,992 in support to 2 organizations.

Grant RecipientAmount

BLESSING HOSPITAL

Org PageRecipient Profile

Quincy, IL

PURPOSE: GENERAL PROGRAM NEED

$1,930,988

BLESSINGCARE CORP DBA ILLINI

Org PageRecipient Profile

Pittsfield, IL

PURPOSE: GENERAL PROGRAM NEED

$83,004
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Blessing Foundation Inc has recieved totaling $23,000.

Awarding OrganizationAmount
Clark Lewis Family Foundation

Portland, OR

PURPOSE: CAPITAL CAMPAIGN

$23,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,933,835
Earnings$1,046,328
Net Contributions$190,989
Grants$291,885
Ending Balance$8,879,266

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