Skip to content
Nonprofiteer
← ST DAVIDS FOUNDATION

Form 990 for tax year 2023

Filed by ST DAVIDS FOUNDATION.

Totals

Total revenue
$187,676,086
Total expenses
$97,060,491
Contributions and grants received
$1,551,447
Grants paid
$72,691,796
Program service revenue
$179,603,000
Investment income
$6,516,156
Other revenue
$5,483
Total assets, end of year
$1,746,492,770
Total liabilities, end of year
$43,500,189
Net assets or fund balances, end of year
$1,702,992,581
Program services expenses (Part IX)
$88,206,131
Management and general expenses
$8,854,360
Fundraising expenses
$0
Program service expenses (Part III)
$88,206,131

Program services were 90.9% 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

    $1,551,447

  • 2a · Program service revenue: HEALTHCARE SERVICES (VIA P'SHIP)

    total $179,603,000 · related or exempt $179,603,000

  • 3 · Investment income

    total $6,516,156 · unrelated business -$873,837 · excluded $7,389,993

  • 5 · Royalties

    total $5,483 · excluded $5,483

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $71,408,846 · program services $71,408,846

  • 2 · Grants to domestic individuals

    total $1,282,950 · program services $1,282,950

  • 5 · Compensation of officers, directors and key employees

    total $2,626,376 · program services $821,391 · management and general $1,804,985

  • 6 · Compensation of disqualified persons

    total $116,250 · management and general $116,250

  • 7 · Other salaries and wages

    total $7,813,796 · program services $5,891,670 · management and general $1,922,126

  • 8 · Pension plan contributions

    total $251,303 · program services $163,791 · management and general $87,512

  • 9 · Other employee benefits

    total $2,162,686 · program services $1,610,085 · management and general $552,601

  • 10 · Payroll taxes

    total $707,075 · program services $482,106 · management and general $224,969

  • 11b · Fees: legal

    total $269,910 · program services $151,083 · management and general $118,827

  • 11c · Fees: accounting

    total $349,468 · management and general $349,468

  • 11f · Fees: investment management

    total $855,439 · management and general $855,439

  • 11g · Fees: other

    total $2,236,780 · program services $1,578,300 · management and general $658,480

  • 13 · Office expenses

    total $995,805 · program services $400,605 · management and general $595,200

  • 14 · Information technology

    total $686,741 · program services $340,855 · management and general $345,886

  • 16 · Occupancy

    total $1,172,173 · program services $895,430 · management and general $276,743

  • 17 · Travel

    total $165,315 · program services $145,167 · management and general $20,148

  • 19 · Conferences, conventions and meetings

    total $59,779 · program services $42,497 · management and general $17,282

  • 22 · Depreciation, depletion and amortization

    total $671,334 · program services $527,582 · management and general $143,752

  • 23 · Insurance

    total $475,945 · program services $127,652 · management and general $348,293

  • 24a · Other expenses: DENTAL PROGRAM SUPPLIES

    total $1,057,250 · program services $1,057,250

  • 24b · Other expenses: DENTAL CARE SUB. PROG.

    total $738,358 · program services $738,358

  • 24c · Other expenses: SPONSORSHIPS

    total $541,697 · program services $248,114 · management and general $293,583

  • 24d · Other expenses: RECRUITING

    total $89,615 · program services $32,398 · management and general $57,217

  • 24e · All other expenses

    total $325,600 · program services $260,001 · management and general $65,599

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $100 · end of year $100

  • 2 · Savings and temporary cash investments

    beginning of year $66,153,401 · end of year $75,095,198

  • 7 · Other notes and loans receivable

    beginning of year $51,373,197 · end of year $47,705,034

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,625,137 · end of year $2,435,160

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

    $7,794,556

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

    $5,375,521

  • 10c · Land, buildings and equipment, net

    beginning of year $2,908,907 · end of year $2,419,035

  • 11 · Investments: publicly traded securities

    beginning of year $156,810,088 · end of year $202,652,297

  • 12 · Investments: other securities

    beginning of year $847,135,140 · end of year $906,230,879

  • 13 · Investments: program-related

    beginning of year $456,122,067 · end of year $509,955,067

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,213,275 · end of year $2,289,471

  • 18 · Grants payable

    beginning of year $37,521,135 · end of year $41,210,718

  • 25 · Other liabilities

    beginning of year $5,217 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,530,750,361 · end of year $1,700,331,574

  • 28 · Net assets with donor restrictions

    beginning of year $2,638,049 · end of year $2,661,007

Mission and programs · 2023

Mission

THE FOUNDATION'S MISSION IS TO ADVANCE HEALTH EQUITY IN CENTRAL TEXAS THROUGH INVESTMENT AND ACTION. THE FOUNDATION'S VISION FOR CENTRAL TEXAS IS TO CREATE A VIBRANT AND INCLUSIVE COMMUNITY IN WHICH EVERY INDIVIDUAL CAN FLOURISH & REACH THEIR FULL POTENTIAL (SEE SCHEDULE O).

Activities or mission (Part I)

ST. DAVID'S FOUNDATION'S ("FOUNDATION") MISSION IS TO ADVANCE HEALTH EQUITY IN CENTRAL TEXAS THROUGH INVESTMENT AND ACTION.

  • THE FOUNDATION IS ACTIVELY INVOLVED IN MEETING THE NEEDS OF INDIGENT MEMBERS OF THE COMMUNITY THROUGH GRANTS FOR INDIGENT PRIMARY CARE, MENTAL HEALTH SERVICES, SERVICES FOR THE ELDERLY AND GRANTS FOR WELLNESS PROGRAMS. THE FOUNDATION ANNUALLY INVESTS MORE THAN $70 MILLION IN GRANTS TO SUPPORT COMMUNITY HEALTH AND WELL-BEING. THE FOUNDATION INVESTS IN PERIODS OF VULNERABILITY AND OPPORTUNITY ACROSS THE LIFESPAN FROM OUR YOUNGEST CHILDREN TO OLDER ADULTS. WE ALSO RECOGNIZE AND WORK TO REDUCE THE BARRIERS TO CARE FOR OUR RURAL NEIGHBORS AND HARNESS THE POTENTIAL FOR CLINICS TO SERVE AS COMMUNITY HUBS FOR HEALTH.

    Expenses $78,525,400 · Grants $72,691,796

  • THE FOUNDATION'S MOBILE DENTAL PROGRAM OFFERS FREE DENTAL CARE TO CHILDREN AT TITLE 1 ELEMENTARY SCHOOLS IN CENTRAL TEXAS, AS WELL AS ADULTS REFERRED BY AREA CLINICS. THIS IS THE LARGEST MOBILE CHARITY DENTAL PROGRAM IN THE COUNTRY.FROM AUGUST THROUGH MAY, THE MOBILE DENTAL PROGRAM TREATS ELEMENTARY SCHOOL CHILDREN WHO ATTEND TITLE I SCHOOLS IN CENTRAL TEXAS SCHOOL DISTRICTS. WHEN SCHOOL IS NOT IN SESSION, THE FOUNDATION'S VANS PARTNER WITH AREA SOCIAL SERVICE AGENCIES TO SERVE ADULTS AND FAMILIES (SEE SCHEDULE O).

    Expenses $9,680,731

  • THE FOUNDATION CONTROLS HOSPITALS DEDICATED TO SERVING CENTRAL TEXAS PURSUANT TO THE COMMUNITY BENEFIT STANDARD AND THE AFFORDABLE CARE ACT. ST. DAVID'S HEALTHCARE PARTNERSHIP INCLUDES HOSPITALS, FREE-STANDING EMERGENCY ROOMS, AMBULATORY CARE CENTERS, AND URGENT CARE CENTERS. THE FOUNDATION EARNED $179.6M IN REVENUES FROM THE PROVISION OF HEALTHCARE SERVICES THROUGH ST. DAVID'S HEALTHCARE PARTNERSHIP. SEE SCHEDULE H FOR MORE DETAILS.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Shannon Ratliff

    CHAIR

    Total calculated
    $4,314
    From this org
    $0
    From related orgs
    $4,314
    Other
    $0
    Hours/week
    10 + 5 related

  • Lino Mendiola III

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    10 + 5 related

  • Craig Hester

    SECRETARY

    Total calculated
    $0
    Hours/week
    10 + 5 related

  • Betsy Abell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Jesse Ancira

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ray Benson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ray Bonilla

    TRUSTEE

    Total calculated
    $4,006
    From this org
    $0
    From related orgs
    $4,006
    Other
    $0
    Hours/week
    5 + 5 related

  • Honorable Harriet O'Neill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • H David Hughes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lew Little

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Darrick McGill

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Murray

    TRUSTEE

    Total calculated
    $3,430
    From this org
    $0
    From related orgs
    $3,430
    Other
    $0
    Hours/week
    1 + 5 related

  • Peter Pincoffs

    TRUSTEE

    Total calculated
    $3,775
    From this org
    $0
    From related orgs
    $3,775
    Other
    $0
    Hours/week
    5 + 10 related

  • Reverend Chuck Treadwell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jerry Turner

    TRUSTEE (THRU 12/31/2023)

    Total calculated
    $4,379
    From this org
    $0
    From related orgs
    $4,379
    Other
    $0
    Hours/week
    1 + 5 related

  • Marc Winkelman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Edward B Burger

    PRESIDENT & CEO

    Total calculated
    $635,772
    From this org
    $598,281
    From related orgs
    $3,907
    Other
    $33,584
    Hours/week
    39.6 + 5.4 related

    Schedule J breakdown matched by us

    Base
    $487,163
    Bonus
    $109,833
    Other
    $1,285 + $3,907 related
    Deferred
    $19,800
    Nontaxable benefits
    $13,784
    Filer's total
    $631,865 + $3,907 related

  • Fernando X Pena

    EVP & GENERAL COUNSEL

    Total calculated
    $485,799
    From this org
    $454,357
    From related orgs
    $0
    Other
    $31,442
    Hours/week
    30 + 10 related

    Schedule J breakdown matched by us

    Base
    $451,717
    Bonus
    $1,500
    Other
    $1,140
    Deferred
    $19,800
    Nontaxable benefits
    $11,642
    Filer's total
    $485,799

  • Amy Vaughan

    VICE PRESIDENT OF FINANCE

    Total calculated
    $406,142
    From this org
    $365,528
    From related orgs
    $0
    Other
    $40,614
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $362,883
    Bonus
    $1,500
    Other
    $1,145
    Deferred
    $19,800
    Nontaxable benefits
    $20,814
    Filer's total
    $406,142

  • Regan Gruber Moffitt

    VP OF COMMUNITY INVESTMENTS

    Total calculated
    $359,299
    From this org
    $307,496
    From related orgs
    $0
    Other
    $51,803
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $304,851
    Bonus
    $1,500
    Other
    $1,145
    Deferred
    $18,411
    Nontaxable benefits
    $33,392
    Filer's total
    $359,299

  • Julian Huerta

    VP OF COMMUNITY PROGRAMS

    Total calculated
    $311,133
    From this org
    $265,067
    From related orgs
    $0
    Other
    $46,066
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,402
    Bonus
    $1,500
    Other
    $1,165
    Deferred
    $13,998
    Nontaxable benefits
    $32,068
    Filer's total
    $311,133

  • Cathy Iberg

    VICE PRESIDENT OF INVESTMENTS

    Total calculated
    $256,984
    From this org
    $249,353
    From related orgs
    $0
    Other
    $7,631
    Hours/week
    10

    Schedule J breakdown matched by us

    Base
    $247,853
    Bonus
    $375
    Other
    $1,125
    Deferred
    $7,481
    Nontaxable benefits
    $150
    Filer's total
    $256,984

  • Shailee Gupta

    DIRECTOR OF DENTAL PROGRAMS

    Total calculated
    $313,492
    From this org
    $270,043
    From related orgs
    $0
    Other
    $43,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $264,538
    Bonus
    $4,000
    Other
    $1,505
    Deferred
    $13,007
    Nontaxable benefits
    $30,442
    Filer's total
    $313,492

  • Cara Mueller

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $287,695
    From this org
    $235,108
    From related orgs
    $0
    Other
    $52,587
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,968
    Bonus
    $3,000
    Other
    $1,140
    Deferred
    $14,095
    Nontaxable benefits
    $38,492
    Filer's total
    $287,695

  • Christina Thompson

    DIRECTOR OF COMMUNICATIONS

    Total calculated
    $259,272
    From this org
    $212,925
    From related orgs
    $0
    Other
    $46,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,035
    Bonus
    $2,750
    Other
    $1,140
    Deferred
    $12,758
    Nontaxable benefits
    $33,589
    Filer's total
    $259,272

  • Abby Menke

    LEAD DENTIST

    Total calculated
    $249,544
    From this org
    $203,941
    From related orgs
    $0
    Other
    $45,603
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,486
    Bonus
    $1,500
    Other
    $1,955
    Deferred
    $12,220
    Nontaxable benefits
    $33,383
    Filer's total
    $249,544

  • Caesar Collazo

    STAFF DENTIST

    Total calculated
    $238,338
    From this org
    $192,963
    From related orgs
    $0
    Other
    $45,375
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,848
    Bonus
    $1,500
    Other
    $1,615
    Deferred
    $11,546
    Nontaxable benefits
    $33,829
    Filer's total
    $238,338

  • Yana Kushner

    LEAD DENTIST

    Total calculated
    $234,632
    From this org
    $192,227
    From related orgs
    $0
    Other
    $42,405
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,947
    Bonus
    $1,500
    Other
    $1,780
    Deferred
    $11,522
    Nontaxable benefits
    $30,883
    Filer's total
    $234,632

  • Blake Holman

    FORMER CHIEF INFO & INFRASTR. OFF.

    Total calculated
    $116,250
    From this org
    $116,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $116,250
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $116,250

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 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)

FORM 990, PART VII-A, COLUMN (E)
SEVERAL OF THE FOUNDATION'S BOARD MEMBERS HAD SPOUSES WHO TRAVELED WITH THEM TO ATTEND BOARD MEETINGS. THE FOUNDATION TREATED THIS BENEFIT AS TAXABLE COMPENSATION AND THIS AMOUNT IS REPORTED IN FORM 990, PART VII, COLUMN (E). THESE SPOUSAL TRAVEL PAYMENTS WERE NOT MADE BY THE FOUNDATION ITSELF, BUT BY A RELATED ORGANIZATION. THE IMPACTED INDIVIDUALS ARE IDENTIFIABLE IN FORM 990, PART VII.

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

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

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • ST DAVID'S HEALTHCARE PARTNERSHIP LP LLP

    RELATED · OWNS & OPERATES FOUR HOSPITALS IN CENTRAL TX · TX · 40.59% owned · share of income $268,416,376 · share of assets $1,239,980,046 · general or managing partner

  • BAILEY SQUARE AMBULATORY SURGICAL CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • SOUTH AUSTIN SURGERY CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • LEADERSHIP HEALTHCARE HOLDINGS II LP LLP

    OWNS AN INTEREST IN A RADIOLOGY CENTER · TX

  • LEADERSHIP HEALTHCARE HOLDINGS LP LLP

    OWNS MAJORITY INTERESTS IN AMBULATORY SURGERY CENTERS · TX

  • OAKWOOD SURGERY CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • NORTH AUSTIN SURGERY CENTER LP

    AMBULATORY SURGERY CENTER · TX

  • CP SURGERY CENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • MCA-CTMC HOLDINGS LLC

    AMBULATORY SURGERY CENTER · TX

  • SOUTH AUSTIN SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • ST DAVID'S AUSTIN AREA ASC LLC

    AMBULATORY SURGERY CENTER · TX

  • AUSTIN GI SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • CAREOS SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • HEALTH AT HOME HOLDINGS - AUSTIN LLC

    HOME HEALTH AND HOSPICE SERVICES · TX

  • SOLIS MAMMOGRAPHY SERIVCES LLC

    MAMMOGRAPHY SERVICES · TX

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ST DAVID'S FOUNDATION IMPACT FUND LP

    C · OWNS INDIRECT INTEREST IN A RADIOLOGY CENTER · TX

  • ST DAVID'S FOUNDATION IMPACT FUND GP LLC

    C · OWNS INDIRECT INTEREST IN A RADIOLOGY CENTER · TX

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349307995

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

The source document this was parsed from is served over the API, which is where bulk and document access live.