Bellin Health Foundation Inc

Organization Overview

Bellin Health Foundation Inc is located in Green Bay, WI. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Bellin Health 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, Bellin Health Foundation Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $1.5m during the year ending 09/2021. While expenses have increased by 5.1% 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.

Since 2015, Bellin Health Foundation Inc has awarded 20 individual grants totaling $6,080,136. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE BELLIN HEALTH FOUNDATION, INC. (THE "FOUNDATION") IS A NONSTOCK, NONPROFIT CORPORATION THAT RECEIVES GIFTS AND BEQUESTS, RAISES FUNDS FOR SPECIFIC PROJECTS OR NEEDS, ADMINISTERS AND INVESTS FUNDS, AND DISBURSES PAYMENTS TO AND FOR THE BENEFIT OF TAX-EXEMPT ORGANIZATIONS AT THE DISCRETION OF ITS BOARD OF DIRECTORS. THE FOUNDATION ALSO OPERATES THE GIFT SHOP AT BELLIN MEMORIAL HOSPITAL, INC. A SIGNIFICANT PORTION OF FUNDS RAISED BY THE FOUNDATION ON BEHALF OF BELLIN HEALTH SYSTEMS, INC.'S AFFILIATES ARE TRANSFERRED TO AFFILIATES FOR USE AS DIRECTED BY DONORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE FOUNDATION IS TO RAISE FUNDS WHICH WILL BE USED TO SUPPORT BELLIN HEALTH SYSTEMS, INC., ITS NOT-FOR-PROFIT SUBSIDIARIES, AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THROUGH ACTIVITIES OF ANNUAL GIVING, PLANNED GIVING, SINGLE PURPOSE CAMPAIGNS, PATIENT CONVENIENCE AND SPECIAL EVENTS, WHICH WILL BE USED TO BENEFIT THE COMMUNITIES OF GREEN BAY, NORTHEAST WISCONSIN AND THE UPPER PENINSULA OF MICHIGAN.


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Board, Officers & Key Employees

Name (title)Compensation
Steven J Maricque
Foundation President (thru Sept)
$0
Susan Vangheem
Chairperson
$0
Kristin Charles
Vice Chairperson
$0
Michong Powers
Treasurer
$0
Paul Hudson MD
Secretary
$0
Edward Bongiorno DO
Board Member
$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$5,493,769
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,493,769
Total Program Service Revenue$0
Investment income $86,419
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $426,745
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $36,116
Miscellaneous Revenue$0
Total Revenue $6,043,049

Grants Awarded

Over the last fiscal year, Bellin Health Foundation Inc has awarded $538,803 in support to 3 organizations.

Grant RecipientAmount

BELLIN MEMORIAL HOSPITAL INC

Org PageRecipient Profile

Green Bay, WI

PURPOSE: SUPPORT OF BELLIN MEMORIAL HOSPITAL, INC.

$508,466

BELLIN COLLEGE INC

Org PageRecipient Profile

Green Bay, WI

PURPOSE: SCHOLARSHIPS AND GOLF OUTING SPONSORSHIP

$17,000

BELLIN PSYCHIATRIC CENTER

Org PageRecipient Profile

Green Bay, WI

PURPOSE: SUPPORT OF BELLIN PSYCHIATRIC CENTER

$13,337
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Bellin Health Foundation Inc has recieved totaling $500.

Awarding OrganizationAmount
Lois A Kania Charitable Foundation Ltd

Green Bay, WI

PURPOSE: PROVIDE FUNDS FOR THE SUPPORT OF PROGRAMS AND SERVICES OF BELLIN HEALTH

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,628,725
Earnings$209,789
Net Contributions$22,638
Grants$29,378
Ending Balance$2,831,774

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