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Nonprofiteer
← MISSOURI FOUNDATION FOR HEALTH

Form 990 for tax year 2022

Filed by MISSOURI FOUNDATION FOR HEALTH.

Totals

Total revenue
$96,850,362
Total expenses
$81,474,307
Contributions and grants received
$0
Grants paid
$50,502,628
Program service revenue
$0
Investment income
$96,417,507
Other revenue
$432,855
Total assets, end of year
$1,307,558,610
Total liabilities, end of year
$70,480,019
Net assets or fund balances, end of year
$1,237,078,591
Program services expenses (Part IX)
$55,580,879
Management and general expenses
$25,893,428
Fundraising expenses
$0
Program service expenses (Part III)
$55,580,879

Program services were 68.2% 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.

  • 3 · Investment income

    total $9,390,929 · unrelated business $7,376,962 · excluded $2,013,967

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $322,485,835

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

    securities $235,459,257

  • 7c · Gain or loss

    securities $87,026,578

  • 7d · Net gain or loss

    total $87,026,578 · excluded $87,026,578

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MFH HQ, LLC INCOME

    total $55,521 · excluded $55,521

  • 11b · Other revenue: MISCELLAENOUS REVENUE

    total $377,334 · excluded $377,334

  • 11e · Other revenue, total

    $432,855

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,502,628 · program services $50,502,628

  • 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 $895,033 · management and general $895,033

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $4,764,522 · program services $2,127,359 · management and general $2,637,163

  • 8 · Pension plan contributions

    total $403,225 · program services $180,040 · management and general $223,185

  • 9 · Other employee benefits

    total $913,615 · program services $407,929 · management and general $505,686

  • 10 · Payroll taxes

    total $393,799 · program services $175,831 · management and general $217,968

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $12,476 · management and general $12,476

  • 11c · Fees: accounting

    total $76,005 · management and general $76,005

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $19,902,719 · management and general $19,902,719

  • 11g · Fees: other

    total $333,920 · program services $88,255 · management and general $245,665

  • 12 · Advertising and promotion

    total $107,399 · program services $20,800 · management and general $86,599

  • 13 · Office expenses

    total $150,406 · program services $66,202 · management and general $84,204

  • 14 · Information technology

    total $370,871 · program services $151,766 · management and general $219,105

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $800,001 · program services $357,600 · management and general $442,401

  • 17 · Travel

    total $172,124 · program services $112,567 · management and general $59,557

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $95,046 · program services $39,427 · management and general $55,619

  • 20 · Interest

    total $97,741 · management and general $97,741

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $36,067 · program services $16,104 · management and general $19,963

  • 23 · Insurance

    total $63,664 · program services $19,070 · management and general $44,594

  • 24a · Other expenses: DUES & MEMBERSHIPS

    total $164,071 · program services $99,804 · management and general $64,267

  • 24b · Other expenses: PUBLICATIONS & COMM EDUCATION

    total $1,170,658 · program services $1,170,658

  • 24c · Other expenses: CONVENTIONS & TRAINING

    total $44,298 · program services $44,298

  • 24d · Other expenses: MISCELLANOUS EXPENSES

    total $4,019 · program services $541 · management and general $3,478

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $117,095,194 · end of year $88,619,300

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $375,000

  • 4 · Accounts receivable

    beginning of year $89,770 · end of year $74,266

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $195,241 · end of year $189,914

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

    $19,116,932

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

    $1,875,481

  • 10c · Land, buildings and equipment, net

    beginning of year $17,492,910 · end of year $17,241,451

  • 11 · Investments: publicly traded securities

    beginning of year $77,354,715 · end of year $63,958,606

  • 12 · Investments: other securities

    beginning of year $1,278,251,110 · end of year $1,134,937,651

  • 13 · Investments: program-related

    beginning of year $1,426,089 · end of year $2,162,422

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,510,208 · end of year $4,784,108

  • 18 · Grants payable

    beginning of year $56,918,283 · end of year $60,515,613

  • 19 · Deferred revenue

    beginning of year $0 · end of year $380,298

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $9,086,100 · end of year $4,800,000

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,420,390,438 · end of year $1,237,078,591

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

TO ELIMINATE UNDERLYING CAUSES OF HEALTH INEQUITIES, TRANSFORM SYSTEMS AND ENABLE INDIVIDUALS AND COMMUNITIES TO THRIVE

  • MFH AWARDED 194 GRANTS/CONTRACTS IN 2022 TO ORGANIZATIONS TO IMPROVE THE HEALTH OF MISSOURIANS IN OUR SERVICE AREA. A COMPLETE LISTING OF AWARDS BY FUNDING PROGRAM IS ATTACHED IN SCHEDULE I.

    Expenses $55,517,380 · Grants $50,502,628

  • OTHER PROGRAM SERVICES INCLUDES EXPENSES TO DEVELOP FUNDING PROGRAMS, PROCESS GRANT APPLICATIONS AND MANAGE GRANT AWARDS APPROVED BY THE BOARD OF DIRECTORS.

    Expenses $63,499

As filed on the 2022 return.

Listed in Part VII

  • Dwayne Proctor

    PRESIDENT & CEO

    Total calculated
    $513,545
    From this org
    $489,467
    From related orgs
    $0
    Other
    $24,078
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $473,800
    Bonus
    $288
    Other
    $15,379
    Deferred
    $22,974
    Nontaxable benefits
    $1,104
    Filer's total
    $513,545

  • Jill Nowak

    CHIEF FINANCIAL & ADMINISTRATI

    Total calculated
    $381,486
    From this org
    $324,882
    From related orgs
    $0
    Other
    $56,604
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $320,245
    Bonus
    $288
    Other
    $4,349
    Deferred
    $24,073
    Nontaxable benefits
    $32,531
    Filer's total
    $381,486

  • Ryan Barker

    VP STATEGIC INITIATIVES

    Total calculated
    $250,745
    From this org
    $199,321
    From related orgs
    $0
    Other
    $51,424
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,347
    Bonus
    $1,707
    Other
    $267
    Deferred
    $16,540
    Nontaxable benefits
    $34,884
    Filer's total
    $250,745

  • Kathleen Holmes

    VP STATEGIC INITIATIVES

    Total calculated
    $248,808
    From this org
    $205,789
    From related orgs
    $0
    Other
    $43,019
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,581
    Bonus
    $997
    Other
    $1,211
    Deferred
    $17,425
    Nontaxable benefits
    $25,594
    Filer's total
    $248,808

  • Mark Seebeck

    SENIOR DIRECTOR FINANCE & ADMI

    Total calculated
    $225,611
    From this org
    $189,548
    From related orgs
    $0
    Other
    $36,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,154
    Bonus
    $1,707
    Other
    $687
    Deferred
    $15,712
    Nontaxable benefits
    $20,351
    Filer's total
    $225,611

  • Courtney Stewart

    VP STRATEGIC INITIATIVES

    Total calculated
    $222,954
    From this org
    $190,658
    From related orgs
    $0
    Other
    $32,296
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,120
    Bonus
    $285
    Other
    $253
    Deferred
    $16,218
    Nontaxable benefits
    $16,078
    Filer's total
    $222,954

  • Sheldon Weisgrau

    VP HEALTH POLICY

    Total calculated
    $215,553
    From this org
    $175,232
    From related orgs
    $0
    Other
    $40,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,981
    Bonus
    $285
    Other
    $966
    Deferred
    $14,867
    Nontaxable benefits
    $25,454
    Filer's total
    $215,553

  • Aimee Wehmeier

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Alan Barnette

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ashanti Tate

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Kinkade

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brooks Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darrel Pfeifauf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Donna Checkett

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Edgar Payano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Estrella Carmona

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joan Bray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Kyler Sherman Wilkens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Vetta Sanders Thompson

    VICE CHAIRPERSON

    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. 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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A
DWAYNE PROCTOR WAS PROVIDED A HOUSING BENEFIT; ALL EXPENSES PAID WERE TREATED AS TAXABLE.

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

  • SEE ATTACHED DETAIL

    $50,502,628

    SEE ATTACHED DETAIL

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MFH HQ LLC

    BUILDINGS · MO · income $55,521 · assets $19,038,548

    Directly controlled by MFH

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323189349311347

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