Ascension Borgess Lee Foundation

Organization Overview

Ascension Borgess Lee Foundation is located in St Louis, MO. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Ascension Borgess Lee 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 06/2022, Ascension Borgess Lee Foundation generated $125.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $10.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR ASCENSION BORGESS LEE HOSPITAL SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES THEY SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREATED IN 1986, THE ASCENSION BORGESS-LEE FOUNDATION IS THE OFFICIAL FUNDRAISING ARM OF ASCENSION BORGESS-LEE HOSPITAL IN DOWAGIAC. TODAY, WHEN INDIVIDUALS AND COMMUNITY ORGANIZATIONS PROVIDE FINANCIAL SUPPORT, THEY CONTINUE THE TRADITION OF CHARITABLE GIVING THAT HAS ALWAYS BEEN AN INTEGRAL PART OF HOW WE SUPPORT ASCENSION BORGESS-LEE HOSPITAL'S MOST URGENT NEEDS. DECISIONS MADE BY THE BOARD OF TRUSTEES ARE BASED ON THE HEALTH CARE NEEDS OF THE PEOPLE AND THE SOUTHWEST MICHIGAN COMMUNITIES WE SERVE. OUR PRIMARY FOCUS IS ON ASSISTING ESSENTIAL LOCAL PROJECTS THAT WILL HELP MAKE COMPREHENSIVE HEALTH CARE SERVICES ACCESSIBLE TO EVERYONE. 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 FY22.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Vice Chair
$0
Name Not Listed
Secretary/treasurer
$0
Name Not Listed
Chair
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$62,422
Related organizations$31,694
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,190
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$102,306
Total Program Service Revenue$0
Investment income $9,345
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$569
Net Income from Gaming Activities $14,646
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $125,728

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