Shands Teaching Hospital And Clinics Inc

Shands Teaching Hospital And Clinics Inc Overview

Shands Teaching Hospital And Clinics Inc, operating under the name UF Health Shands, is located in Gainesville, FL. The organization was established in 1980. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2020, UF Health Shands employed 12,743 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, UF Health Shands generated $1.7b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.6b during the year ending 06/2020. While expenses have increased by 4.1% per year over the past 5 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, UF Health Shands has awarded 126 individual grants totaling $443,751,284. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

SHANDS TEACHING HOSPITAL AND CLINICS INC., IS A PRIVATE, NOT-FOR-PROFIT ORGANIZATION CONSISTING OF A STATUTORY TEACHING HOSPITAL AND A SPECIALTY HOSPITAL, WHICH SUPPORT THE UNIVERSITY OF FLORIDA'S CLINICAL, EDUCATION AND RESEARCH MISSIONS IN MORE THAN 100 SPECIALTY AND SUBSPECIALTY MEDICAL AREAS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHANDS TEACHING HOSPITAL AND CLINICS, INC. IS A FLORIDA NOT-FOR-PROFIT CORPORATION AND OPERATES A MULTI-HOSPITAL SYSTEM. INCLUDED IS A TERTIARY CARE TEACHING INSTITUTION OF 1014 BEDS, AN INPATIENT PSYCHIATRIC AND SUBSTANCE ABUSE FACILITY OF 81 BEDS AND A HOSPITAL BASED HOME CARE AGENCY. SHANDS' COMMUNITY BENEFIT IS A PLANNED, MANAGED, ORGANIZED, AND MEASURED APPROACH TO A HEALTH CARE ORGANIZATION'S PARTICIPATION IN MEETING IDENTIFIED COMMUNITY HEALTH NEEDS. IT IS A COLLABORATION TO MEET THE NEEDS OF ITS RESIDENTS - PARTICULARLY THE POOR AND OTHER UNDERSERVED GROUPS - BY IMPROVING HEALTH STATUS AND QUALITY OF LIFE. COMMUNITY BENEFIT PROJECTS AND SERVICES ARE IDENTIFIED AS A RESULT OF A COMMUNITY HEALTH NEEDS ASSESSMENT, STRATEGIC AND/OR CLINICAL PRIORITIES AND PARTNERSHIP AREAS OF ATTENTION. COMMUNITY BENEFIT CATEGORIES INCLUDE FINANCIAL ASSISTANCE, COMMUNITY HEALTH SERVICES, HEALTH PROFESSIONS EDUCATION, RESEARCH AND DONATIONS. UF HEALTH SHANDS HOSPITAL HAS A LONG HISTORY OF PROVIDING COMMUNITY BENEFITS. UF HEALTH SHANDS HOSPITAL HAS POLICIES PROVIDING FINANCIAL ASSISTANCE FOR PATIENTS REQUIRING CARE BUT HAVE LIMITED OR NO MEANS TO PAY FOR THAT CARE. THESE POLICIES PROVIDE FREE OR DISCOUNTED HEALTH AND HEALTH-RELATED SERVICES TO PERSONS WHO QUALIFY UNDER CERTAIN INCOME AND ASSET CRITERIA. COMMUNITY HEALTH SERVICES INCLUDES COMMUNITY HEALTH EDUCATION, COUNSELING AND SUPPORT SERVICES AND HEALTH CARE SCREENINGS. HEALTH PROFESSIONS EDUCATION INCLUDES EDUCATION PROVIDED IN CLINICAL SETTINGS SUCH AS INTERNSHIPS AND PROGRAMS FOR PHYSICIANS, NURSES AND ALLIED HEALTH PROFESSIONALS. IT ALSO INCLUDES SCHOLARSHIPS FOR HEALTH PROFESSIONAL EDUCATION RELATED TO PROVIDING COMMUNITY HEALTH IMPROVEMENT SERVICES AND SPECIALTY IN-SERVICE PROGRAMS TO PROFESSIONALS IN THE COMMUNITY. RESEARCH INCLUDES STUDIES ON HEALTH CARE DELIVERY, UNREIMBURSED STUDIES ON THERAPEUTIC PROTOCOLS, EVALUATION OF INNOVATIVE TREATMENTS, AND RESEARCH PAPERS PREPARED FOR PROFESSIONAL JOURNALS. DONATIONS INCLUDE FUNDS AND IN-KIND SERVICES BENEFITING THE COMMUNITY-AT-LARGE.


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Shands Teaching Hospital And Clinics Inc Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Chairman/president
$0

Shands Teaching Hospital And Clinics Inc Vendors

Vendor Name (Service)Compensation
Florida Clinical Practice Association
Professional Medical Services
$115,229,502
Kelly Services Inc
Contract Labor
$14,106,890
Aramark Services
Environmental Services
$6,057,101
Arup Laboratories
Laboratory Services
$4,244,463
Angelica Textile Services
Linen Services
$5,230,425
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$1,974
Membership dues$0
Fundraising events$3,926,828
Related organizations$1,938,796
Government grants $38,345,145
All other contributions, gifts, grants, and similar amounts not included above$2,346,465
Noncash contributions included in lines 1a–1f $145,623
Total Revenue from Contributions, Gifts, Grants & Similar$46,559,208
Total Program Service Revenue$1,552,078,214
Investment income $18,782,394
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,059,240
Net Gain/Loss on Asset Sales $20,677,534
Net Income from Fundraising Events $654,986
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,660,538,402

Shands Teaching Hospital And Clinics Inc Grants Awarded

Over the last fiscal year, Shands Teaching Hospital And Clinics Inc has awarded $77,321,697 in support to 15 organizations.

Grant RecipientAmount

UNIVERSITY OF FLORIDA

Org PageRecipient Profile

Gainesville, FL

PURPOSE: SUPPORT FOR MEDICAL PROGRAMS

$70,991,119

FLORIDA CLINICAL PRACTICE ASSOCIATION

Org PageRecipient Profile

Gainesville, FL

PURPOSE: Clinical practice support

$4,616,960

THE FLORIDA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Tallahassee, FL

PURPOSE: FSU Dance Marathon 2020

$878,618

FLORIDA HEALTH PROFESSIONS ASSOCIATION

Org PageRecipient Profile

Gainesville, FL

PURPOSE: PROGRAM SUPPORT

$400,000

MID-FLORIDA AREA AGENCY ON AGING

Org PageRecipient Profile

Gainesville, FL

PURPOSE: PROGRAM SUPPORT

$300,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: PROGRAM SUPPORT

$25,000
View Grant Profile

Shands Teaching Hospital And Clinics Inc Grants Recieved

Over the last fiscal year, we have identified 6 grants that Shands Teaching Hospital And Clinics Inc has recieved totaling $1,116.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$279
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$279
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$179
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$179
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$585,119,271
Earnings-$16,918,117
Net Contributions$20,000,000
Ending Balance$588,201,154

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