University Of Maryland St Joseph Foundation Inc
- Assets
- $47.7m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 10/1990
- Data as of
- 06/2021
- EIN
- 52-1681044
Organization Overview
University Of Maryland St Joseph Foundation Inc is located in Towson, MD. The organization was established in 1990. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. University Of Maryland St Joseph 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 06/2021, University Of Maryland St Joseph Foundation Inc generated $12.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $5.2m during the year ending 06/2021. While expenses have increased by 16.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO NURTURE THE HEALING MINISTRY OF THE CHURCH BY BRINGING IT NEW LIFE, ENERGY AND VISIBILITY IN THE 21ST CENTURY. FIDELITY TO THE GOSPEL URGES US TO EMPHASIZE HUMAN DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UMSJF SOLICITS, RECEIVES, AND DISTRIBUTES CHARITABLE GIFTS, FUNDS AND OTHER ASSETS EXCLUSIVELY TO FURTHER THE RELIGIOUS, CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES OF UNIVERSITY OF MARYLAND ST. JOSEPH MEDICAL CENTER (UMSJMC). THESE FUNDS ARE USED SOLELY TO ENHANCE THE MEDICAL AND HEALTHCARE SERVICES PROVIDED BY UMSJMC TO THE PEOPLE OF THE SURROUNDING AREA. FUNDS ARE RAISED UNDER THE OVERALL DIRECTION OF AN UNPAID BOARD OF DIRECTORS WHO, WORKING WITH A GROUP OF VOLUNTEERS, CONDUCT VARIOUS FUNDRAISING CAMPAIGNS AND CHARITABLE EVENTS THROUGH THE YEAR. SOLICITATIONS AS WELL ARE MADE FOR VARIOUS CAPITAL NEEDS OF UMSJMC, AS WELL AS FOR PROGRAMS AND SERVICE ENHANCEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Fmr President & CEO Um Sjmc | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $260,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,114,355 |
| Noncash contributions included in lines 1a–1f | $1,713,510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,374,355 |
| Total Program Service Revenue | $0 |
| Investment income | $5,785,298 |
| 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 | $12,159,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,272,680 |
| 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 | $705,119 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $143,139 |
| 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 | $0 |
| Fees for services: Other | $569,441 |
| Advertising and promotion | $435,370 |
| Office expenses | $8,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,375 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,257 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,193,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,460,009 |
| Pledges and grants receivable | $6,303,369 |
| 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 | $29,905,636 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,028 |
| Total assets | $47,672,042 |
| Accounts payable and accrued expenses | $158,838 |
| 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 | $4,386,469 |
| Total liabilities | $4,545,307 |
| Net assets without donor restrictions | $5,767,913 |
| Net assets with donor restrictions | $37,358,822 |
| 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 | $47,672,042 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that University Of Maryland St Joseph Foundation Inc has recieved totaling $1,678,692.
| Awarding Organization | Amount |
|---|---|
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $741,726 |
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $741,726 |
Marion I & Henry J Knott Foundation Inc Baltimore, MD PURPOSE: OPERATIONS | $90,000 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD PURPOSE: SUPPORT FOR THE ST. CLARE MEDICAL OUTREACH PROGRAM | $30,000 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $24,300 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $23,000 |
Endowment Analysis
| Beg. Balance | $9,819,152 |
| Net Contributions | $414,450 |
| Ending Balance | $10,233,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Sheltering Arms Foundation Mechanicsville, VA | $205,278,403 | $11,542,533 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Bath Community Hospital Foundation Hot Springs, VA | $25,068,775 | $7,394,465 |
Concordia Lutheran Ministriesfoundation Cabot, PA | $226,432,111 | $36,499,919 |
Johns Hopkins All Childrens Foundation Inc Baltimore, MD | $150,122,516 | $24,043,790 |
The Medical Trust Philadelphia, PA | $200,270,282 | $19,932,215 |
Potomac Health Foundation Woodbridge, VA | $124,789,436 | $8,932,196 |
Washington Wholesalers Health And Welfare Fund Columbia, MD | $20,227,407 | $10,192,011 |
Meadville Physician Services Meadville, PA | $881,985 | $6,590,657 |
Fauquier Hospital Endowment Fund Under Trust Agreement With Dated 1 Charlottesville, VA | $0 | $393,399 |