Shands Teaching Hospital And Clinics Inc

Organization 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 06/2021, UF Health Shands employed 13,012 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. UF Health Shands 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 06/2020, UF Health Shands generated $1.7b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.6b during the year ending 06/2020. While expenses have increased by 3.4% 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, UF Health Shands has awarded 156 individual grants totaling $588,695,872. 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. ("STHC"), 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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Board, Officers & Key Employees

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

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morrisons Management Specialists
Food And Nutrition Services
$5,559,805
Florida Clinical Practice Association
Professional Medical Services
$106,668,264
Epic Systems
Electronic Medical Software
$6,116,720
Angelica Textile Services
Linen Services
$5,462,649
Aramark Services
Environmental Services
$5,229,368
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$46,559,208
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

Grants Awarded

Over the last fiscal year, Shands Teaching Hospital And Clinics Inc has awarded $67,622,891 in support to 15 organizations.

Grant RecipientAmount

FLORIDA CLINICAL PRACTICE ASSOCIATION

Org PageRecipient Profile

Gainesville, FL

PURPOSE: Clinical practice support

$62,509,774

UNIVERSITY OF FLORIDA

Org PageRecipient Profile

Gainesville, FL

PURPOSE: support for medical program

$3,531,692

THE FLORIDA STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Tallahassee, FL

PURPOSE: FSU Dance Marathon 2021

$672,049

FLORIDA HEALTH PROFESSIONS ASSOCIATION

Org PageRecipient Profile

Gainesville, FL

PURPOSE: Academic support of College of Public health & health professions

$400,000

MID-FLORIDA AREA AGENCY ON AGING

Org PageRecipient Profile

Gainesville, FL

PURPOSE: Transition Services - Take Charge Program

$300,000

SHANDS JACKSONVILLE MEDICAL CENTER

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: A night for heroes

$79,876
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Shands Teaching Hospital And Clinics Inc has recieved totaling $740,803.

Awarding OrganizationAmount
Insulin For Life Usa Inc

Gainesville, FL

PURPOSE: Medical Assistance

$311,641
State Chartered Credit Unions In Florida

Jonesville, FL

PURPOSE: CHARITABLE CONTRIBUTION

$148,200
Insulin For Life Usa Inc

Gainesville, FL

PURPOSE: Medical Assistance

$96,639
J Hillis Miller Health Center Gift Shop Inc

Gainesville, FL

PURPOSE: Support UF Health

$50,000
Insulin For Life Usa Inc

Gainesville, FL

PURPOSE: Medical Assistance

$47,922
Insulin For Life Usa Inc

Gainesville, FL

PURPOSE: Medical Assistance

$35,779
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$588,201,154
Earnings$139,246,130
Net Contributions$157,500,000
Other Expense$7,500,000
Ending Balance$877,447,284

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