Sacred Heart Foundation

Organization Overview

Sacred Heart Foundation, operating under the name See Schedule O, is located in St Louis, MO. The organization was established in 1946. 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, See Schedule O employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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, See Schedule O generated $5.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $6.8m during the year ending 06/2020. While expenses have increased by 10.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR SACRED HEART HEALTH SYSTEM, INC., SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL THE PEOPLE IN THE COMMUNITIES THEY SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 1984, SACRED HEART FOUNDATION WAS FORMED AS A NOT-FOR-PROFIT, PHILANTHROPIC ORGANIZATION COMMITTED TO ENHANCING THE CURRENT AND FUTURE HEALTHCARE NEEDS OF THE GULF COAST BY SUPPORTING SACRED HEART HEALTH SYSTEM'S PROGRAMS, CAPITAL BUILDING AND EQUIPMENT NEEDS. ASCENSION SACRED HEART FOUNDATION IS A PHILANTHROPIC ADVOCATE IN SUPPORT OF ASCENSION SACRED HEART. IN THAT ROLE, WE ACTIVELY ENCOURAGE CONTRIBUTIONS AND INVITE VOLUNTEER PARTICIPATION TO SUPPORT THE WORK OF ASCENSION SACRED HEART HOSPITALS TO IMPROVE HEALTH CARE AND SOCIAL SERVICES FOR THE SICK AND POOR OF ALL AGES IN OUR REGION. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer (end 6/2018)
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,915,323
Investment income $318,401
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $49,045
Net Gain/Loss on Asset Sales -$325,643
Net Income from Fundraising Events $41,487
Net Income from Gaming Activities $950
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,999,563

Grants Awarded

Over the last fiscal year, Sacred Heart Foundation has awarded $4,452,125 in support to 2 organizations.

Grant RecipientAmount

SACRED HEART HEALTH SYSTEM INC

Org PageRecipient Profile

St Louis, MO

PURPOSE: GENERAL SUPPORT

$4,443,143

HAVEN OF OUR LADY OF PEACE INC

Org PageRecipient Profile

St Louis, MO

PURPOSE: GENERAL SUPPORT

$8,982
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Sacred Heart Foundation has recieved totaling $230,687.

Awarding OrganizationAmount
Destin Charity Wine Auction Foundation Inc

Miramar Beach, FL

PURPOSE: CHARITY

$200,000
Driven Brands Charitable Foundation

Charlotte, NC

PURPOSE: CHARITABLE ASSISTANCE

$14,813
National Association Of Federal Credit Unions Inc

Arlington, VA

PURPOSE: MATCH OF PAC DONATIONS PROGRAM - PLEDGE OWED NOT PAID, NOT TAX DEDUCTIBLE PER FEC

$10,662
Childs Play

Redmond, WA

PURPOSE: GIFT

$5,212
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$36,642
Earnings$4
Net Contributions$5,800
Ending Balance$42,446

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