Digestive Health Foundation
- Assets
- $9.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2015
- Data as of
- 08/2021
- EIN
- 47-4178944
Organization Overview
Digestive Health Foundation is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digestive Health 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 08/2021, Digestive Health Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.4m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER THROUGH FUNDING MEDICAL (SEE SCH. O) RESEARCH AND EDUCATIONAL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER THROUGH FUNDING MEDICAL RESEARCH AND EDUCATIONAL PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Moras Treasurer | OfficerTrustee | 2 | $0 |
Sharon Oberlander Secretary | OfficerTrustee | 2 | $0 |
Sally Garon Vice President | OfficerTrustee | 2 | $0 |
Lee Gould President | OfficerTrustee | 2 | $0 |
Stephen Hanauer MD Senior Advisory Council | OfficerTrustee | 2 | $0 |
Michael Elrad Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $224,428 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $910,429 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,134,857 |
| Total Program Service Revenue | $0 |
| Investment income | $111,120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $138,816 |
| Net Income from Fundraising Events | -$191,107 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,193,686 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $953,998 |
| 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 | $16,707 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $322,327 |
| Advertising and promotion | $0 |
| Office expenses | $3,530 |
| Information technology | $4,137 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,483 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $102 |
| Total functional expenses | $1,351,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,132,217 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $477,555 |
| 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 | $6,397,526 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,007,298 |
| Accounts payable and accrued expenses | $131,330 |
| 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 | $131,330 |
| Net assets without donor restrictions | $2,919,679 |
| Net assets with donor restrictions | $5,956,289 |
| 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 | $9,007,298 |
Grants Awarded
Over the last fiscal year, Digestive Health Foundation has awarded $953,998 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: TO SUPPORT NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER | $579,498 |
Chicago, IL PURPOSE: TO SUPPORT NORTHWESTERN MEDICINE DIGESTIVE HEALTH CENTER | $374,500 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Digestive Health Foundation has recieved totaling $1,345,212.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: PROGRAM SUPPORT | $1,000,000 |
1111 Foundation Northfield, IL PURPOSE: UNRESTRICTED CHARITABLE GIFT | $100,000 |
Kovler Family Foundation Chicago, IL PURPOSE: MEDICAL-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS. | $50,000 |
Duffey Family Foundation Ft Myers Beach, FL PURPOSE: CHARITABLE | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $48,400 |
Sacks Family Foundation Highland Park, IL PURPOSE: TO PROMOTE AND PURSUE DIGESTIVE HEALTH THROUGH INTEGRATED PREVENTION, DIAGNOSIS, AND TREATMENT OF DISORDERS OF THE DIGESTIVE SYSTEM. | $25,000 |
Endowment Analysis
| Beg. Balance | $4,135,760 |
| Earnings | $701,020 |
| Admin Expense | $255,491 |
| Ending Balance | $4,581,289 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Autism Centerincorporated Fort Wayne, IN | $8,774,831 | $9,960,141 |
Central East Alcoholism & Drug Council Charleston, IL | $3,025,211 | $6,812,078 |
Meredith-Dunn Learning Center Inc Louisville, KY | $4,614,484 | $3,584,903 |
Burns And Mcdonnell Foundation Kansas City, MO | $20,833,020 | $825,239 |
Digestive Health Foundation Chicago, IL | $9,007,298 | $1,193,686 |
The Latino Alzheimers And Memory Disorders Alliance Cicero, IL | $52,784 | $1,079,931 |
Dup 15q Alliance Park Ridge, IL | $595,041 | $739,794 |
American Contact Dermatitis Society Milwaukee, WI | $2,011,445 | $820,776 |
Ehe Foundation Hobart, WI | $1,985,458 | $1,636,401 |
International Eczema Council Chicago, IL | $2,853,883 | $803,591 |
Lupus Society Of Illinois Chicago, IL | $397,218 | $577,886 |
Kentucky Diabetes Camp For Children Inc Louisville, KY | $645,456 | $463,260 |