Hurley Foundation
- Assets
- $14.1m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Flint, MI
- Founding
- 04/1993
- Data as of
- 12/2021
- EIN
- 38-3085047
Organization Overview
Hurley Foundation is located in Flint, MI. The organization was established in 1993. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hurley 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 12/2021, Hurley Foundation generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 1.6% 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, Hurley Foundation has awarded 16 individual grants totaling $7,138,453. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF MEDICAL SCIENCES, EDUCATION, MEDICAL CARE AND THE DELIVERY THEREOF FOR THE BENEFIT OF RESIDENTS OF THE GREATER FLINT METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HURLEY FOUNDATION'S PRIMARY PURPOSE IS TO OPERATE FOR THE ADVANCEMENT OF MEDICAL SCIENCES, EDUCATION, MEDICAL CARE, AND THE DELIVERY THEREOF, FOR THE BENEFIT OF THE RESIDENTS OF THE GREATER METROPOLITAN FLINT AREA AND FOR THE DISTRIBUTION OF ITS FUNDS TO SUCH INSTITUTIONS CREATED, OPERATED AND MAINTAINED TO PROVIDE SUCH SERVICES BY THE GOVERNING BODY OF THE CITY OF FLINT. THE FOUNDATION HELPS HURLEY MEDICAL CENTER FULFILL ITS MISSION OF "CLINICAL EXCELLENCE, SERVICE TO PEOPLE" IN A COMPETITIVE HEALTH CARE MARKET. THE FOUNDATION FACILITATES CHARITABLE FUNDRAISING AND VOLUNTEERING TO FOSTER THE MEDICAL CENTER'S LEADERSHIP ROLE IN ADDRESSING ISSUES WHICH AFFECT THE HEALTH AND WELL-BEING OF MID-MICHIGAN RESIDENTS.THE HURLEY FOUNDATION SUPPORTS HURLEY MEDICAL CENTER'S HURLEY CHILDREN'S HOSPITAL AS THE DESIGNATED CHILDREN'S MIRACLE NETWORK (CMN) HOSPITAL FOR THE CENTRAL REGION OF MICHIGAN. THROUGH THIS RELATIONSHIP WITH CMN, THEIR NATIONAL PARTNERS, AND OTHER COMMUNITY RESOURCES, THE HURLEY FOUNDATION RAISES APPROXIMATELY $1.5 MILLION TO SUPPORT THE TREATMENT OF CHILDREN. THROUGH THESE AND OTHER GENEROUS DONATIONS, THE MEDICAL CENTER IS ABLE TO PURCHASE SPECIAL EQUIPMENT, COMPLETE EMPLOYEE TRAINING AND PROVIDE RESOURCES TO THE CARE TEAMS THAT TREAT OVER 2,614 CHILDREN PER YEAR AND AN ADDITIONAL 609 INFANTS THROUGH THE MEDICAL CENTER'S NEONATAL INTENSIVE CARE UNIT. THE HURLEY FOUNDATION PLANS AND HOSTS MANY SPECIAL EVENTS THROUGHOUT THE YEAR TO RAISE FUNDS AND AWARENESS FOR CRITICAL SERVICES AND PROGRAMS. THESE INCLUDE THE HURLEY ANNUAL BENEFIT BALL, FALL GOLF CLASSIC TO BENEFIT THE TRAUMA & BURN SERVICES FUNDS, PINK NIGHT PALOOZA TO BENEFIT THE BREAST CANCER NAVIGATION FUND, CMN MIRACLE PICNIC, CMN RADIOTHON AND CMN BOWLATHON. EACH YEAR THESE EVENTS GROW AND SERVE THE DUAL PURPOSE OF SUPPORTING ONE-OF-A-KIND AND REGIONAL MEDICAL TREATMENT TO MID-MICHIGAN AND BEYOND, WHILE ALSO SERVING TO EDUCATE AND INFORM THOSE WHO ATTEND. THE FOUNDATION'S EVENTS SERVE AS A SPRINGBOARD FOR DONOR AND COMMUNITY ENGAGEMENT.THE WORK OF THE HURLEY FOUNDATION FOCUSES LARGELY ON SUPPORTING UNFUNDED AND UNDERFUNDED SERVICES, PROVIDED AT HURLEY MEDICAL CENTER, THROUGH SOLICITATION OF GRANTS AND DONATIONS. AMONG THESE SPECIAL NEEDS ARE THE CHILD LIFE PROGRAM, THE VIDEO INTERACTION PROGRAM, THE VICTIMS OF CRIME ASSISTANCE, HEMOPHILIA AND ONCOLOGY SERVICES, THE NURSE FAMILY PARTNERSHIP PROGRAM, HOSPITAL ELDER LIFE PROGRAM, HURLEY'S FOOD FARMACY AND MANY OTHERS. WITHOUT THE FOUNDATION'S FUNDING THESE CRITICAL SERVICES WOULD BE IN JEOPARDY AND ACCESS FOR OUR COMMUNITY COULD BE LOST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Burnett MBA President | Officer | 40 | $34,323 |
Gregory Viener Treasurer | OfficerTrustee | 1 | $0 |
Cornelius Darcy Chair | OfficerTrustee | 1 | $0 |
Lindsay Clark Vice Chair | OfficerTrustee | 1 | $0 |
Glenn Wilson Secretary | OfficerTrustee | 1 | $0 |
William H Moeller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $395,098 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,193,857 |
| Noncash contributions included in lines 1a–1f | $331,804 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,588,955 |
| Total Program Service Revenue | $0 |
| Investment income | $255,451 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $941,201 |
| Net Income from Fundraising Events | $15,289 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,293,849 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,400,581 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $55,009 |
| Fees for services: Other | $679,972 |
| Advertising and promotion | $50 |
| Office expenses | $187,706 |
| Information technology | $1,644 |
| Royalties | $0 |
| Occupancy | $46,715 |
| Travel | $1,420 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,675 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $38,513 |
| Total functional expenses | $2,900,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $838,511 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $297,500 |
| Accounts receivable, net | $460,435 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,673 |
| Prepaid expenses and deferred charges | $127,488 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $11,919,138 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,303 |
| Other assets | $427,157 |
| Total assets | $14,142,205 |
| Accounts payable and accrued expenses | $446,588 |
| 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 | $0 |
| Total liabilities | $446,588 |
| Net assets without donor restrictions | $2,730,137 |
| Net assets with donor restrictions | $10,965,480 |
| 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 | $14,142,205 |
Grants Awarded
Over the last fiscal year, Hurley Foundation has awarded $1,217,489 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HURLEY MEDICAL CENTER PURPOSE: ALLOCATION FOR MEDICAL SERVICES | $1,207,489 |
Flint, MI PURPOSE: SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hurley Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Ali And Nihaya Foundation Grand Blanc, MI PURPOSE: CHARITABLE | $250 |
Endowment Analysis
| Beg. Balance | $7,774,194 |
| Earnings | $1,224,643 |
| Admin Expense | $348,653 |
| Net Contributions | $745,108 |
| Ending Balance | $9,395,292 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Feed My People Inc Eau Claire, WI | $8,711,861 | $16,922,508 |
Hurley Foundation Flint, MI | $14,142,205 | $5,293,849 |
A Better Wisconsin Together Inc Monona, WI | $2,464,059 | $2,796,061 |
Citizen Action Of Wisconsin Inc Milwaukee, WI | $2,387,312 | $2,074,896 |
Associated Builders & Contractors Inc Broadview Heights, OH | $1,554,107 | $1,803,365 |
Association Of Businesses Advocating Tariff Equity Lansing, MI | $518,683 | $1,144,757 |
Fourth Freedom Forum Inc Goshen, IN | $23,077,385 | $1,247,819 |
Immigrant Welcome Center Inc Indianapolis, IN | $2,762,415 | $1,756,293 |
Citizen Action Coalition Inc Indianapolis, IN | $78,022 | $615,104 |
Freedom Action Now Inc Madison, WI | $761,649 | $375,319 |
Milwaukee Pride Inc Brookfield, WI | $6,673 | $352,593 |
Save Our Children Of Elyria Inc Elyria, OH | $182,061 | $334,370 |