Mary Bridge Childrens Foundation
- Assets
- $203.1m
- Revenue
- $43.1m
- Investments
- $0.0
- Employees
- 5
- Location
- Tacoma, WA
- Founding
- 05/1991
- Data as of
- 12/2021
- EIN
- 94-3030039
Organization Overview
Mary Bridge Childrens Foundation is located in Tacoma, WA. The organization was established in 1991. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Mary Bridge Childrens Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Bridge Childrens 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 12/2021, Mary Bridge Childrens Foundation generated $43.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $10.0m during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARY BRIDGE CHILDREN'S FOUNDATION SUPPORTS THE FACILITIES, PROGRAMS AND THE OPERATIONS OF THE MULTICARE HEALTH SYSTEM'S, A RELATED HEALTHCARE TAX-EXEMPT ENTITY, PEDIATRIC NETWORK AND MULTICARE MARY BRIDGE CHILDREN'S HOSPITAL.IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $1,637,051 IN FUNDING TO CHARITY, FAMILY ASSISTANCE AND HELPING HANDS. THE SUPPORT ALLOWED FOR THE PURCHASE OF PRESCRIPTIONS, WHEELCHAIRS, FOOD, CLOTHING, GAS VOUCHERS AND TRANSPORTATION FOR PATIENTS AND THEIR FAMILIES.
IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED $1,114,390 IN FUNDING FOR NEW NMD MONITORS TO MARY BRIDGE CHILDREN'S HOSPITAL'S VARIOUS DEPARTMENTS AND CLINICS. THE SUPPORT ALLOWED FOR THE PURCHASE OF NEW TECHNOLOGY AND EQUIPMENT.
IN 2021 MARY BRIDGE CHILDREN'S FOUNDATION SPONSORED THE EXPANSION AND THE PURCHASE OF THE LATEST TECHNOLOGY AT THE MULTICARE'S MARY BRIDGE CHILDREN'S OUTPATIENT CENTER IN OLYMPIA. OLYMPIA OUTPATIENT CENTER OFFERS PEDIATRIC SPECIALTY CARE AND THERAPY SERVICES SUCH AS: PEDIATRIC URGENT CAREEEGS, DEVELOPMENTAL BEHAVIORAL PEDIATRICS, EAR, NOSE & THROAT, ENDOCRINOLOGYGASTROENTEROLOGY, HEPATOLOGY & NUTRITION, GENERAL SURGERY, MEDICAL IMAGING (DIGITAL X-RAY), NEUROLOGY, PULMONOLOGY, PHYSICAL MEDICINE & REHABILITATION ETC.
MARY BRIDGE CHILDREN'S FOUNDATION PROVIDED ADDITIONAL PROGRAM SUPPORT FOR OTHER PROGRAMS IN THE AMOUNT OF $1,705,341. THE PROGRAMS ARE A COMBINATION OF CAPITAL AND OPERATIONAL FUNDING TO THE MULTICARE MARY BRIDGE PEDIATRIC NETWORK AND MARY BRIDGE CHILDREN'S HOSPITAL.THOSE INCLUDE: SEXUAL ASSAULT, THE CENTER FOR CHILDHOOD SAFETY, THE TREEHOUSE, BRIDGES/CAMP ERIN (A PROGRAM FOR CHILDREN WHO HAVE LOST FAMILY MEMBERS), COMPLEX CARE/COMFORT THERAPY, RESEARCH, SLEEP LAB, ADOLESCENT BEHAVIORAL HEALTH, PARENTING PARTNERSHIP (AN OUTREACH PROGRAM FOR FAMILIES WITH FRAGILE CHILDREN DISCHARGED FROM THE NEONATAL INTENSIVE CARE UNIT), AND OTHER MISCELLANEOUS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Chapman Exec. Dir. | 50 | $234,747 | |
Stephen M Saalfeld Philanthropy Officer | 40 | $102,566 | |
Gloria Mayer Secretary | OfficerTrustee | 2 | $0 |
Nicholas Rajacich MD Chair,physician | OfficerTrustee | 2 | $0 |
Michele Cannon MD Vice Chair,physician | OfficerTrustee | 2 | $0 |
Ronna Schreiner Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $16,949 |
| Membership dues | $0 |
| Fundraising events | $2,022,363 |
| Related organizations | $4,522,530 |
| Government grants | $961,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,824,102 |
| Noncash contributions included in lines 1a–1f | $13,005,060 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,347,560 |
| Total Program Service Revenue | $0 |
| Investment income | $8,119,572 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,550 |
| Net Income from Fundraising Events | $1,645,878 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,092,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,424,584 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $592,463 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $99,314 |
| Payroll taxes | $37,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,588 |
| Advertising and promotion | $48,377 |
| Office expenses | $18,810 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,699 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $10,045,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $203,067,181 |
| Total assets | $203,067,181 |
| Accounts payable and accrued expenses | $28,233,862 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,233,862 |
| Net assets without donor restrictions | $40,034,596 |
| Net assets with donor restrictions | $134,798,723 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $203,067,181 |
Grants Recieved
Over the last fiscal year, we have identified 31 grants that Mary Bridge Childrens Foundation has recieved totaling $6,903,980.
| Awarding Organization | Amount |
|---|---|
Multicare Health System Tacoma, WA PURPOSE: ASSISTANCE FOR OPERATING EXPENSES. | $4,522,530 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA PURPOSE: NEW MARY BRIDGE HOSPITAL | $1,000,000 |
Tom And Meg Names Family Foundation Fircrest, WA PURPOSE: TO SUPPORT THE FESTIVAL OF TREES FUND A NEED | $550,047 |
Korum For Kids Foundation Puyallup, WA PURPOSE: ONCOLOGY UNIT | $400,000 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $82,485 |
Greater Tacoma Community Foundation Tacoma, WA PURPOSE: OPERATING SUPPORT, PROGRAM SUPPORT | $61,767 |
Endowment Analysis
| Beg. Balance | $103,366,145 |
| Earnings | $3,160,465 |
| Admin Expense | -$12,000 |
| Net Contributions | $30,752,160 |
| Other Expense | $1,455,323 |
| Ending Balance | $135,835,447 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Service Employees Health And Welfare Trust Seattle, WA | $47,657,399 | $43,804,686 |
Greater Fairbanks Community Hospital Foundation Inc Fairbanks, AK | $517,877,782 | $49,411,110 |
Sheet Metal Workers 16 Health And Welfare Fund Portland, OR | $48,597,003 | $31,256,825 |
Inlandboatmens Union Of The Pacific National Health & Welfare Trust Seattle, WA | $51,210,144 | $31,711,005 |
Machinists Health And Welfare Trust Fund Seattle, WA | $52,643,086 | $28,345,807 |
Hilltop Regional Health Center Tacoma, WA | $0 | $26,653,011 |
Covenant Physician Partners Inc Renton, WA | $20,551,600 | $16,901,042 |
Eba-Pge-Ibew Local Union 125 Health & Welfare Trust Tukwila, WA | $8,917,739 | $18,022,514 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Overlake Hospital Foundation Bellevue, WA | $26,396,715 | $13,671,276 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
Alaska Carpenters Health & Welfare Trust Fund Seattle, WA | $29,936,146 | $14,215,183 |