La Societe Francaise De Bienfaisance Mutuelle
- Assets
- $3.8m
- Revenue
- $105.2k
- Investments
- $56.0k
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 11/1988
- Data as of
- 06/2024
- EIN
- 94-3044670
Organization Overview
La Societe Francaise De Bienfaisance Mutuelle, operating under the name French Hospital Foundation, is located in San Francisco, CA. The organization was established in 1988. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French Hospital 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 06/2024, French Hospital Foundation generated $105.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $142.3k during the year ending 06/2024. While expenses have increased by 10.9% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE IS TO SERVE THE MEDICAL AND SOCIAL NEEDS OF PERSONS OF FRENCH ORIGIN OR DESCENT IN THE SF BAY AREA.
Describe the Organization's Program Activity:
IN LINE WITH THE ORGANIZATION'S PRIMARY PURPOSE, DONATIONS WERE MADE TO VARIOUS ORGANIZATIONS: SOCIETE D'ENTRAIDE, 18,000 TO AID COMPATRIOTS IN NEED; FRENCH-AMERICAN FOUNDATION FOR MEDICAL RESEARCH AND EDUCATION, 15,000 TO AID AND PROVIDE FINANCIAL ASSISTANCE TO A LARGE NUMBER OF HEALTH PROFESSIONALS IN THE BAY AREA; NOTRE DAME DES VICTOIRES CHURCH & SCHOOL, 9,000 TO AID AND TO FURTHER ORGANIZATION'S PURPOSES.
THE PRIMARY EXEMPT PURPOSE IS TO SERVE THE MEDICAL AND SOCIAL NEEDS OF PERSONS OF FRENCH ORIGIN OR DESCENT IN THE SF BAY AREA. THE ORGANIZATION ALSO ASSISTS FRENCH VISITORS WITH PROBLEMS THAT MAY ARISE WHILE IN THE AREA, AS WELL AS LENDING SUPPORT TO FRENCH SOCIAL AND CULTURAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michel Baylock Director | Trustee | $0 | |
Jean Pierre Bernard Director | Trustee | $0 | |
David Bourdet Secretary | Trustee | $0 | |
Patrick Patterson Director | Trustee | $0 | |
Robert Pechoultre Director | Trustee | $0 | |
Paul Tour-Sarkissian Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $107,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,329 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,240 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,787 |
| Fees for services: Other | $1,521 |
| Advertising and promotion | $6,150 |
| Office expenses | $29,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,167 |
| Travel | $2,256 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,628 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,433 |
| All other expenses | $0 |
| Total functional expenses | $142,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,358 |
| 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 | $130 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,612,992 |
| Investments—other securities | $56,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,789,520 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,789,520 |
| Total liabilities and net assets/fund balances | $3,789,520 |
Grants Awarded
Over the last fiscal year, La Societe Francaise De Bienfaisance Mutuelle has awarded $58,240 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COMITE OFFICIEL PURPOSE: BASTILLE DAY | $12,000 |
NOTRE DAME DES VICTOIRESCHOOL PURPOSE: FURTHER ORG PURPOSE | $15,000 |
ALLIANCE FRANCAISEFRENCH LIBRARY PURPOSE: FURTHER ORG PURPOSE | $16,000 |
FRENCH FOUNDATION FOR MED RES PURPOSE: MEDICAL RESEARCH | $15,240 |