Gundersen Lutheran Medical Foundation Inc

Organization Overview

Gundersen Lutheran Medical Foundation Inc, operating under the name Gundersen Medical Foundation Inc, is located in La Crosse, WI. The organization was established in 1977. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Gundersen Medical 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 12/2021, Gundersen Medical Foundation Inc generated $52.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $29.4m during the year ending 12/2021. While expenses have increased by 0.5% 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 2014, Gundersen Medical Foundation Inc has awarded 46 individual grants totaling $22,395,211. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE LIVES OF PATIENTS AND OUR LARGER COMMUNITY THROUGH MEDICAL EDUCATION, RESEARCH, OUTREACH, AND THE PHILANTHROPIC SUPPORT OF GUNDERSEN HEALTH SYSTEM.

Describe the Organization's Program Activity:

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Vendi Advertising Llc
Advertising
$203,132
Gundersen Lutheran Administrative S
Purchased Services
$25,568,357
Digicopy Inc
Order Fullfillment
$280,088
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,286,363
Related organizations$9,302,532
Government grants $1,984,904
All other contributions, gifts, grants, and similar amounts not included above$2,964,053
Noncash contributions included in lines 1a–1f $89,105
Total Revenue from Contributions, Gifts, Grants & Similar$15,537,852
Total Program Service Revenue$11,312,259
Investment income $1,456,858
Tax Exempt Bond Proceeds $0
Royalties $600,704
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,974,853
Net Income from Fundraising Events -$124,888
Net Income from Gaming Activities $19,188
Net Income from Sales of Inventory $416,509
Miscellaneous Revenue$0
Total Revenue $52,203,030

Grants Awarded

Over the last fiscal year, Gundersen Lutheran Medical Foundation Inc has awarded $1,451,272 in support to 6 organizations.

Grant RecipientAmount

GUNDERSEN LUTHERAN MEDICAL CENTER

Org PageRecipient Profile

La Crosse, WI

PURPOSE: GENERAL SUPPORT

$1,191,911

GUNDERSEN LUTHERAN ADMINISTRATIVE SERVICES

Org PageRecipient Profile

La Crosse, WI

PURPOSE: GENERAL SUPPORT

$180,300

LA CROSSE AREA FAMILY YMCA

Org PageRecipient Profile

La Crosse, WI

PURPOSE: GENERAL SUPPORT

$30,000

GUNDERSEN CLINIC LTD

Org PageRecipient Profile

La Crosse, WI

PURPOSE: GENERAL SUPPORT

$23,557

ST JOSEPH'S HEALTH SERVICE INC

Org PageRecipient Profile

Hillsboro, WI

PURPOSE: GENERAL SUPPORT

$18,404

LA CROSSE COMMUNITY FOUNDATION

Org PageRecipient Profile

La Crosse, WI

PURPOSE: GENERAL SUPPORT

$7,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Gundersen Lutheran Medical Foundation Inc has recieved totaling $21,500.

Awarding OrganizationAmount
John & Kathy Reinhart Family Foundation Inc

La Crosse, WI

PURPOSE: GENERAL PROGRAM SUPPORT

$17,000
John R & Beverly J Larson Foundation

Onalaska, WI

PURPOSE: HEALTH

$4,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$24,552,014
Earnings$377,547
Net Contributions$1,323,778
Other Expense$6,500
Ending Balance$26,246,839

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