Mercy Foundation-Bakersfield

Organization Overview

Mercy Foundation-Bakersfield is located in Bakersfield, CA. The organization was established in 1946. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Foundation-Bakersfield 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, Mercy Foundation-Bakersfield generated $27.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 47.8% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mercy Foundation-Bakersfield has awarded 16 individual grants totaling $15,314,536. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT TO DIGNITY HEALTH HOSPITALS IN BAKERSFIELD CA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION IS AN IRC SEC 509(A)(3) SUPPORTING ORGANIZATION TO DIGNITY HEALTH. AS A SUPPORTING ORGANIZATION, THE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, OR TO CARRY OUT THE PURPOSES OF DIGNITY HEALTH. FOUNDATION SUPPORT ALLOWS THE HOSPITAL TO FURTHER ITS MISSION BY MAKING THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Peters
Foundation President
$0
Michele Bouit
CFO (thru 8/21/20)
$0
Benjamin Locklear
CFO (started 12/2/20)
$0
Toni Harper
Executive Director
$0
L Mark Mulkay
Vice-Chair
$0
Geoffrey King
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,350
Related organizations$705,718
Government grants $18,720
All other contributions, gifts, grants, and similar amounts not included above$2,974,376
Noncash contributions included in lines 1a–1f $61,683
Total Revenue from Contributions, Gifts, Grants & Similar$3,738,164
Total Program Service Revenue$0
Investment income $298,578
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $269,358
Net Gain/Loss on Asset Sales $22,648,076
Net Income from Fundraising Events $29,157
Net Income from Gaming Activities $8,861
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,992,194

Grants Awarded

Over the last fiscal year, Mercy Foundation-Bakersfield has awarded $1,897,967 in support to 2 organizations.

Grant RecipientAmount

DIGNITY HEALTH DBA MERCY HOSPITAL BAKERSFIELD

Org PageRecipient Profile

San Francisco, CA

PURPOSE: HOSPITAL SUPPORT

$1,754,516

BAKERSFIELD MEMORIAL HOSPITAL

Org PageRecipient Profile

San Francisco, CA

PURPOSE: HOSPITAL SUPPORT

$143,451
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Mercy Foundation-Bakersfield has recieved totaling $55,185.

Awarding OrganizationAmount
Kaiser Foundation Hospitals

Oakland, CA

PURPOSE: Finding My Strength Within To Support My Community

$25,000
California Coverage And Health Initiatives

Sacramento, CA

PURPOSE: Outreach/Enrollment

$16,397
California Health Foundation And Trust

Sacramento, CA

PURPOSE: WALMART FOUNDATION GRANT

$8,250
Care - Childrens Advocates Resource Endowment

Bakersfield, CA

PURPOSE: General Fund

$5,384
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$154
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,964,840
Earnings$598,480
Grants-$24,000
Ending Balance$2,539,320

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