The Casey Health Institute Foundation Incorporated is located in Bethesda, MD. Casey Health Institute Foundation Incorporated 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 12/2018, Casey Health Institute Foundation Incorporated generated $15.0 in total revenue. All expenses for the organization totaled $396.0 during the year ending 12/2018.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION EXCLUSIVELY FOR THE BENEFIT OF CHI HEALTH CARE, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S SOLE PURPOSE IS TO SUPPORT CHI, A 501(C)(3) CORPORATION THROUGH THE OPERATION OF AN IRC SECTION 509(A)(3) TYPE 1 SUPPORTING ORGANIZATION. ALL OF CHIF'S ACTIVITIES AND INCOME BENEFIT CHI.THE FOUNDATION WAS DORMANT FOR 2018.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Gold Chair | OfficerTrustee | 0 | $0 |
Ilana Bar-Levav President | OfficerTrustee | 0 | $0 |
John Siegler MBA Secretary | OfficerTrustee | 0 | $0 |
David Fogel MD Ex-Officio Member/ CEO | Officer | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Denton's Us Llc Legal | 12/30/17 | $219,338 |
Sera Fiana Llc Development Consultant | 12/30/17 | $109,086 |
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $96 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,934,110 |
| Total assets | $6,934,110 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unrestricted restricted net Assets | $6,934,110 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $6,934,110 |
Over the last fiscal year, The Casey Health Institute Foundation Incorporated has awarded $9,803,456 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHI HEALTH CARE INC PURPOSE: General operating support | $2,203,456 |
EUGENE B CASEY FOUNDATION PURPOSE: To enable CHI Health Care, Inc. to continue in operation in furtherance of its charitable purposes. | $7,600,000 |