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Nonprofiteer
← BERNARDINE FRANCISCAN SISTERS FOUNDATION INC

Form 990 for tax year 2022

Filed by BERNARDINE FRANCISCAN SISTERS FOUNDATION INC.

Totals

Total revenue
$499,162
Total expenses
$1,161,504
Contributions and grants received
$1,892
Grants paid
$995,364
Program service revenue
$0
Investment income
$497,270
Other revenue
$0
Total assets, end of year
$21,088,820
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$21,088,820
Program services expenses (Part IX)
$995,364
Management and general expenses
$166,140
Fundraising expenses
$0
Program service expenses (Part III)
$995,364

Program services were 85.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,892

  • 3 · Investment income

    total $361,970 · excluded $361,970

  • 7a · Gross sales of assets other than inventory

    securities $3,846,207 · other assets $1,277

  • 7b · Less cost or other basis and sales expenses

    securities $3,712,184

  • 7c · Gain or loss

    securities $134,023 · other assets $1,277

  • 7d · Net gain or loss

    total $135,300 · related or exempt $134,023 · excluded $1,277

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $995,364 · program services $995,364

  • 11c · Fees: accounting

    total $4,750 · management and general $4,750

  • 11f · Fees: investment management

    total $65,490 · management and general $65,490

  • 11g · Fees: other

    total $25,959 · management and general $25,959

  • 13 · Office expenses

    total $4,716 · management and general $4,716

  • 16 · Occupancy

    total $1 · management and general $1

  • 19 · Conferences, conventions and meetings

    total $3,227 · management and general $3,227

  • 23 · Insurance

    total $1,500 · management and general $1,500

  • 24a · Other expenses: ADMIN - CATCHFIRE SERVICE

    total $57,500 · management and general $57,500

  • 24b · Other expenses: MISCELLANEOUS

    total $1,995 · management and general $1,995

  • 24c · Other expenses: AUTO MAINTENANCE

    total $771 · management and general $771

  • 24d · Other expenses: ADMINISTRATION - OTHER

    total $147 · management and general $147

  • 24e · All other expenses

    total $84 · management and general $84

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $43,556 · end of year $32,196

  • 2 · Savings and temporary cash investments

    beginning of year $728,860 · end of year $701,943

  • 10a · Land, buildings and equipment: cost or other basis

    $19,040

  • 10b · Land, buildings and equipment: accumulated depreciation

    $19,040

  • 11 · Investments: publicly traded securities

    beginning of year $18,976,653 · end of year $20,354,681

  • 29 · Capital stock, trust principal or current funds

    beginning of year $15,540,701 · end of year $15,540,701

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,208,368 · end of year $5,548,119

Mission and programs · 2022

Mission

TO PROMOTE AND SUPPORT HEALTH, CARE AND CHARITABLE WORKS OF THE BERNARDINE SISTERS OF THE THIRD ORDER OF ST. FRANCIS BY FINANCIALLY SUPPORTING AND PROMOTING THEIR CHARITABLE ENDEAVORS AS WELL AS WORKS RELATED TO THE HEALTHCARE, EDUCATION AND HUMAN SERVICE NEEDS OF THE VIRGINIA PENINSULA.

  • THE FOUNDATION'S MISSION IS TO FURTHER THE MISSION OF THE BERNARDINE SISTERS OF THE THIRD ORDER OF ST. FRANCIS BY FINANCIALLY SUPPORTING AND PROMOTING THEIR CHARITABLE WORKS AS WELL AS WORKS RELATED TO THE HEALTHCARE, EDUCATION AND HUMAN SERVICE NEEDS OF THE VIRGINIA PENINSULA. THE FOUNDATION SEEKS TO IMPROVE HUMAN CONDITIONS ON THE VIRGINIA PENINSULA BY PROVIDING FUNDING AND ASSISTANCE TO AGENCIES THAT ADDRESS THE NEEDS IN OUR COMMUNITY, ESPECIALLY AS RELATES TO THE POOR AND THE DISADVANTAGED. SEE SCHEDULE I.

    Expenses $995,364 · Grants $995,364

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Burley

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Michelle Ferebee

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • James Gray

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Sister Madonna Marie Harvath

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Gene Jordan

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Sister John Ann Proach

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Schley

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Robert Schrock

    TRUSTEE/DIRE

    Total calculated
    $0
    Hours/week
    1

  • Bo Garner

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Verhoef

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Nhu Yeargin

    VICE-CHAIRPE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
13 October 2023
IRS schema version
2022v5.0
Source object
202333179349302968

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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