Form 990 for tax year 2022
Filed by ST MARYS FOUNDATION FOR CHILDREN.
Totals
- Total revenue
- $4,076,712
- Total expenses
- $1,812,961
- Contributions and grants received
- $3,434,377
- Grants paid
- $1,221,155
- Program service revenue
- $0
- Investment income
- $707,955
- Other revenue
- -$65,620
- Total assets, end of year
- $45,154,553
- Total liabilities, end of year
- $47,810,272
- Net assets or fund balances, end of year
- -$2,655,719
- Program services expenses (Part IX)
- $1,221,155
- Management and general expenses
- $243,647
- Fundraising expenses
- $348,159
- Program service expenses (Part III)
- $1,221,155
Program services were 67.4% 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.
-
1c · Fundraising events
$884,840
-
1f · All other contributions, gifts and grants
$2,549,537
-
1g · Noncash contributions included above
$61,790
-
3 · Investment income
total $452,727 · excluded $452,727
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $255,228
-
7c · Gain or loss
securities $255,228
-
7d · Net gain or loss
total $255,228 · excluded $255,228
-
8a · Fundraising events: gross income
$155,820
-
8a · Fundraising events: contributions included on line 1c
$884,840
-
8b · Fundraising events: direct expenses
$221,440
-
8c · Net income from fundraising events
total -$65,620 · excluded -$65,620
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,221,155 · program services $1,221,155
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $369,019 · management and general $114,774 · fundraising $254,245
-
8 · Pension plan contributions
total $25,327 · management and general $7,878 · fundraising $17,449
-
9 · Other employee benefits
total $86,009 · management and general $26,750 · fundraising $59,259
-
10 · Payroll taxes
total $24,315 · management and general $7,563 · fundraising $16,752
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $9,011 · management and general $9,011
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $22,742 · management and general $22,742
-
14 · Information technology
total $50,971 · management and general $50,971
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $454 · fundraising $454
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $125 · management and general $125
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Bank Fees
total $3,833 · management and general $3,833
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $22,452,710 · end of year $1,372,307
-
2 · Savings and temporary cash investments
beginning of year $17,733,368 · end of year $43,603,721
-
3 · Pledges and grants receivable
beginning of year $137,562 · end of year $43,525
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$135,000
-
10c · Land, buildings and equipment, net
beginning of year $135,000 · end of year $135,000
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $29,496 · end of year $35,862
-
18 · Grants payable
beginning of year $20,000,000 · end of year $19,000,000
-
25 · Other liabilities
beginning of year $25,013,656 · end of year $28,774,410
-
27 · Net assets without donor restrictions
beginning of year -$4,584,512 · end of year -$2,655,719
Mission and programs · 2022
Mission
St. Marys Foundation for Children, Inc. is dedicated to the enhancement of health, safety and quality of life for children with special needs.
Activities or mission (Part I)
St. Mary's Foundation for Children's(the "Foundation")mission is to support the provision of highly specialized care to children and young adults with medically complex special needs.
-
The Foundations primary exempt mission is to fundraise in support of innovative, beneficial and much-needed programs offered by St. Marys Healthcare System for Children, Inc., including but not limited to:Feeding Disorders Program:An estimated 25% of all children have a moderate or severe feeding disorder. Since being formed in 2001, the Center for Pediatric Feeding Disorders at St. Marys Hospital for Children has been New Yorks only intensive day patient program specializing in the evaluation and treatment of pediatric feeding and swallowing disorders. The program serves children with a broad spectrum of eating difficulties, such as nutritional deficiencies, dependence on tube feedings, ongoing weight loss or poor weight gain, food refusal and mealtime tantrums. The program utilizes clinicians from different fields to address the clinical, psychological, behavioral and nutritional factors underlying a pediatric feeding disorder. St. Marys interdisciplinary team focuses on treating the whole child, addressing the clinical and behavioral aspects of their feeding disorder and developing a treatment plan to address their specific needs.Many patients in the Feeding Program are admitted to the program relying primarily or solely on feeding tubes. Nearly all of them are discharged with increased feeding and significantly decreased rates of tube feeding. St. Marys patient outcomes often exceed the expectations of parents and referring physicians, as patients are discharged with the ability to tolerate new foods, improve mealtime behaviors, suck from a straw, and chew or swallow more easily.Healing Arts Program:At St. Marys, the arts are essential to promoting health and well-being in children. Research has demonstrated that artistic expression plays a vital role in the most successful approaches to holistic pediatric healthcare. In addition, art therapy can help improve a patients quality of life and promote physical and emotional wellness by reducing stress, alleviating pain, stimulating expression and communication, and promoting physical rehabilitation and learning. On a more fundamental level, making art is a lot of fun for St. Marys patients and a welcome distraction from the less pleasant aspects of medical treatments, rehabilitation, and therapy.St. Marys Hospital for Children, Inc. has developed a robust arts program to ensure that the children and young adults in the facility can experience the healing power of arts while away from home. The daily art therapy activities consist of group sessions, as well as one-on-one sessions tailored to the childrens individual needs. Under the supervision of certified recreational therapists, the children participate in a wide range of artistic activities, including but not limited to: painting; drawing; constructing collages; sculpting with clay; and making music with assistive musical equipment. The benefits of the Arts for Healing Program to the kids at the hospital have been numerous, including but not limited to: increased independence; greater socialization; increased confidence and self-esteem; an improved sense of well-being; and significant advancements in the childrens therapeutic goals. In short, the arts are critical to keeping St. Marys kids active, happy, and engaged every day.Palliative Care:Over 30 years ago, St. Marys Hospital for Children, Inc. pioneered this countrys first Pediatric Palliative Care Program. Offered alongside appropriate therapies, St. Marys palliative care team works with the other professionals and the patients family to develop a plan of care that provides optimum comfort and addresses individual care goals. Additional resources, education and increased staff support are available for both child and family, including religious and spiritual counseling, if requested. Through specially trained volunteers, complementary therapies, assistance with advance directives and treatment choice guidance, the palliative care program promotes a healing and compassionate environment in the midst of loss.St. Marys offers pediatric palliative care at any time in the childs disease progression, not just at the end of life. Using a multidisciplinary, holistic and patient- and family-centered approach, the program provides the services the patient and family needphysical, emotional and spiritual. These services are delivered by an integrated, caring team that includes experienced professionals in medicine, nursing, social work, psychology, rehabilitation, nutrition, chaplaincy, therapeutic activities as well as trained doula volunteers.Telehealth Program:A core belief of St. Marys Healthcare System for Children, Inc. is that home is generally the most ideal setting to provide health care to a sick child. It contributes to the health and well-being of a child to be in their familiar home setting and with their family instead of an institutionalized setting such as an inpatient facility. In the less restrictive home setting, a child with a special need is able to embark on a richer life filled with family support, education, recreation, and long-term rehabilitation and care. As such, St. Marys always strives to safely discharge our patients from our inpatient facility to a home care setting whenever it is possible to do so without compromising their quality of care.A key component of this objective is the Telehealth Program offered by Extraordinary Home Care d/b/a St. Marys Home Care. Utilizing advanced technology, the Telehealth Program provides preventative care to medically fragile children living in home settings, ensuring that the childs health is being maintained outside of a hospital setting. In conjunction with regularly scheduled home visits, our team of pediatric specialists remotely monitors changes in the childs clinical status and medication adherence allowing our team to identify potential health complications and intervene before the problems escalate to ER visits or hospitalizations.Since being formed in 2014, the Telehealth Program has had numerous positive outcomes for children with special needs and their families. Over the course of just one year, it was found that the program resulted in a 39% reduction in hospitalizations (567 total enrolled patients).
Expenses $1,221,155 · Grants $1,159,365
As filed on the 2022 return.
Listed in Part VII
-
Edwin F Simpser MDEDWIN F SIMPSER MD
PRES, CEO & CMO
- Total calculated
- $1,073,956
- From this org
- $0
- From related orgs
- $1,004,766
- Other
- $69,190
- Hours/week
- 1 + 43.5 related
Schedule J breakdown matched by us
- Base
- not reported + $700,000 related
- Bonus
- not reported + $75,000 related
- Other
- not reported + $229,766 related
- Deferred
- not reported + $41,175 related
- Nontaxable benefits
- not reported + $28,015 related
- Filer's total
- not reported + $1,073,956 related
-
William L MeadWILLIAM L MEAD
COO/CFO
- Total calculated
- $629,133
- From this org
- $0
- From related orgs
- $574,846
- Other
- $54,287
- Hours/week
- 1 + 43.5 related
Schedule J breakdown matched by us
- Base
- not reported + $482,449 related
- Bonus
- not reported + $47,500 related
- Other
- not reported + $44,897 related
- Deferred
- not reported + $22,875 related
- Nontaxable benefits
- not reported + $31,412 related
- Filer's total
- not reported + $629,133 related
-
Sean LallySEAN LALLY
VP OF FOUNDATION
- Total calculated
- $394,835
- From this org
- $0
- From related orgs
- $344,135
- Other
- $50,700
- Hours/week
- 1.5 + 37.5 related
Schedule J breakdown matched by us
- Base
- not reported + $301,703 related
- Bonus
- not reported + $29,750 related
- Other
- not reported + $12,682 related
- Deferred
- not reported + $22,628 related
- Nontaxable benefits
- not reported + $28,072 related
- Filer's total
- not reported + $394,835 related
-
Steven PolinskySTEVEN POLINSKY
CIO
- Total calculated
- $321,595
- From this org
- $0
- From related orgs
- $282,587
- Other
- $39,008
- Hours/week
- 1 + 43.5 related
Schedule J breakdown matched by us
- Base
- not reported + $238,189 related
- Bonus
- not reported + $23,500 related
- Other
- not reported + $20,898 related
- Deferred
- not reported + $11,290 related
- Nontaxable benefits
- not reported + $27,718 related
- Filer's total
- not reported + $321,595 related
-
Cindy JohnsonCINDY JOHNSON
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1.5 + 5.5 related
-
Thomas KissaneTHOMAS KISSANE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Samuel R KaretskySAMUEL R KARETSKY
SECRETARY/TREAS
- Total calculated
- $0
- Hours/week
- 1 + 7.5 related
-
Jeffrey LevineJEFFREY LEVINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$787,000
TO SUPPORT REHAB. AND OTHER PROG.
-
$372,365
TO SUPPORT REHAB. AND OTHER PROG.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ST MARYS HEALTHCARE SYSTEM FOR
501(C)(3) · HEALTH CARE · NY
Directly controlled by NA
-
ST MARYS HOSPITAL FOR CHILDREN INC
501(C)(3) · HEALTH CARE · NY
Directly controlled by ST MARYS HEALTHCARE SYSTEM FOR CHILDRE
-
STMARYS COMMUNITY CARE PROFESSIONALS
501(C)(3) · PROFESSIONAL HOME HEALTH CARE · NY
Directly controlled by ST MARYS HEALTHCARE SYSTEM FOR CHILDRE
-
EXTRAORDINARY HOME CARE DBA ST MARYS
501(C)(3) · HOME HEALTH CARE SERVICES · NY
Directly controlled by ST MARYS HEALTHCARE SYSTEM FOR CHILDRE
-
501(C)(3) · MANAGEMENT AND SUPPORTING SERVICES · NY
Directly controlled by ST MARYS HEALTHCARE SYSTEM FOR CHILDRE
-
ST MARYS REHABILITATION CENTER FOR
501(C)(3) · HEALTH CARE · NY
Directly controlled by ST MARYS HEALTHCARE SYSTEM FOR CHILDRE
-
501(c)(3) · CASE MANAGEMENT · NY
Directly controlled by St Marys Healthcare System for Childre
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332689349301088
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