Avedis Foundation
- Assets
- $0.0
- Revenue
- $652.8k
- Investments
- $93.5m
- Employees
- 5
- Location
- Shawnee, OK
- Founding
- 08/1989
- Data as of
- 06/2020
- EIN
- 73-1347360
Organization Overview
Avedis Foundation is located in Shawnee, OK. The organization was established in 1989. 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, Avedis Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avedis 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 06/2020, Avedis Foundation generated $652.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Avedis Foundation has awarded 116 individual grants totaling $11,144,462. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE ZONES PROJECT: SHARECARE WAS ENGAGED TO IMPLEMENT THE BLUE ZONES PROJECT TRANSFORMATION MODEL IN SHAWNEE, OKLAHOMA AND POTTAWATOMIE COUNTY. BLUE ZONES PROJECT IS A COMMUNITY-WIDE WELL-BEING IMPROVEMENT INITIATIVE TO HELP MAKE HEALTHY CHOICES EASIER FOR EVERYONE IN OUR COMMUNITY. BLUE ZONES PROJECT ENCOURAGES CHANGES IN OUR COMMUNITY THAT LEAD TO HEALTHIER OPTIONS. WHEN OUR ENTIRE COMMUNITY PARTICIPATES, FROM OUR WORKSITES AND SCHOOLS TO OUR RESTAURANTS AND GROCERY STORES, THE SMALL CHANGES CONTRIBUTE TO HUGE BENEFITS FOR ALL OF US: LOWER HEALTHCARE COSTS, IMPROVED PRODUCTIVITY AND, ULTIMATELY, A HIGHER QUALITY OF LIFE.
SUSTAIN INITIATIVE: THE SUSTAIN INITIATIVE IS DESIGNED TO HELP NONPROFIT ORGANIZATIONS SHIFT THEIR REVENUE MODEL FROM DEPENDENCY ON GRANTS TO 100% SUSTAINABLE EARNED INCOME. EARNED INCOME IS GENERATED OVER TIME FROM FOR-PROFIT BUSINESS OPPORTUNITIES CREATED BY THE NONPROFIT AND ITS COMMUNITY TEAM. THE SUSTAIN INITIATIVE IS A PROGRAM OF IMPACT CITY, FOUNDED TO CREATE A THRIVING ECOSYSTEM FOR SOCIAL INNOVATORS.
AVEDIS NONPROFIT LEADERSHIP INSTITUTE/PROGRAM DEVELOPMENT: THIS INITIATIVE HAS THE GOAL OF IMPROVING, STRENGTHENING AND POSITIONING THE NONPROFIT SECTOR TO ACHIEVE QUALITY SERVICE, DELIVERY AND FULL CAPACITY TO ENSURE A BRIGHT FUTURE FOR THE COMMUNITIES WE SERVE. THE INSTITUTE SERVES AS A DRIVER FOR POSITIVE SOCIAL CHANGE, ECONOMIC DEVELOPMENT AND QUALITY OF LIFE FOR CHILDREN AND FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen S Laster President/ceo | 40 | $216,042 | |
Tracy Meeuwsen Program Director | 40 | $87,499 | |
Audrey Seeliger External Relations | 40 | $71,831 | |
Cheyenne Pettigrew Office Manager/execu | 40 | $53,731 | |
Mark L Finley Chair Of The Board | 2 | $21,000 | |
Stephen Trotter Audit Chair | 1 | $10,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ferguson Services & Construction Llc | 6/29/21 | $57,780 |
Samerson Pllc | 6/29/21 | $57,038 |
Sharecare | 6/29/21 | $1,670,830 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,716,157 |
| Profit on Inventory Sales | $0 |
| Other Income | $98,421 |
| Total Revenue | $652,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $353,287 |
| Pension plans, employee benefits | $56,197 |
| Depreciation | $83,534 |
| Occupancy | $43,789 |
| Travel, conferences, and meetings | $3,267 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $3,587,747 |
| Contributions, gifts, grants paid | $1,774,372 |
| Total expenses and disbursements | $5,362,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $829,867 |
| Investments—mortgage loans | $1,252,415 |
| Investments—other | $49,051,518 |
| Other assets | $92,502 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Avedis Foundation has awarded $1,679,816 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: DAF RECOMMENDED GRANT: COMMUNITY RENEWAL OF POTTAWATOMIE COUNTY - OPERATING GRANT | $500,000 |
GATEWAY TO PREVENTION AND RECOVERY INC PURPOSE: EXPECT HOME CAMPAIGN: GATEWAY TO RECOVERY & PREVENTION CAMPUS EXPANSION | $250,000 |
SEMINOLE STATE COLLEGE EDUCATIONAL FOUNDATION PURPOSE: BRIAN CRAWFORD MEMORIAL SPORTS COMPLEX ADAPTIVE FIELD | $250,000 |
COMMUNITY MARKET POTTTAWATOMIE COUNTTY PURPOSE: OPERATING GRANT | $151,600 |
Shawnee, OK PURPOSE: MUMMIES, MEDIEVAL & MORE (VIRTUAL) EDUCATIONAL OPPORTUNITIES | $80,000 |
Shawnee, OK PURPOSE: COMMUNITY GRANT WRITER | $70,890 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Avedis Foundation has recieved totaling $6,875.
| Awarding Organization | Amount |
|---|---|
United Way Of Pottawatomie Co Inc Shawnee, OK PURPOSE: SUPPORT | $6,875 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicot Memorial Medical Center Lake Village, AR | $20,694,512 | $22,104,345 |
Delta Memorial Hospital Dumas, AR | $19,360,595 | $24,048,672 |
St Marys Warrick Hospital Inc St Louis, MO | $9,424,300 | $16,745,363 |
St Vincent Clay Hospital Inc St Louis, MO | $12,816,129 | $21,118,417 |
Dardanelle Regional Llc Dardanelle, AR | $9,058,761 | $17,081,430 |
Pawnee Valley Community Hospital Inc Larned, KS | $21,161,892 | $18,392,214 |
Ninnescah Valley Health Systems Inc Kingman, KS | $15,148,315 | $17,489,172 |
St Bernard Community Hospital Corporation Wynne, AR | $12,847,448 | $21,788,321 |
Amberwell Atchison Association Atchison, KS | $58,039,761 | $15,492,633 |
Mercy St Francis Hospital Mountain View, MO | $3,790,115 | $15,228,465 |
Clayton Health Systems Inc Clayton, NM | $19,342,828 | $19,073,087 |
Falls Community Hospital And Clinic Marlin, TX | $16,201,440 | $24,067,895 |