Skip to content
Nonprofiteer
← HUNTSMAN MENTAL HEALTH FOUNDATION

Form 990 for tax year 2023

Filed by HUNTSMAN MENTAL HEALTH FOUNDATION.

Totals

Total revenue
$34,310,185
Total expenses
$12,820,280
Contributions and grants received
$34,171,587
Grants paid
$7,787,400
Program service revenue
$0
Investment income
$138,598
Other revenue
$0
Total assets, end of year
$30,780,462
Total liabilities, end of year
$312,778
Net assets or fund balances, end of year
$30,467,684
Program services expenses (Part IX)
$7,787,400
Management and general expenses
$1,018,575
Fundraising expenses
$4,014,305
Program service expenses (Part III)
$7,787,400

Program services were 60.7% 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.

  • 1d · Related organizations

    $5,435,900

  • 1f · All other contributions, gifts and grants

    $28,735,687

  • 1g · Noncash contributions included above

    $141,822

  • 3 · Investment income

    total $117,709 · excluded $117,709

  • 7a · Gross sales of assets other than inventory

    securities $20,889

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

    securities $0

  • 7c · Gain or loss

    securities $20,889

  • 7d · Net gain or loss

    total $20,889 · excluded $20,889

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,787,400 · program services $7,787,400

  • 5 · Compensation of officers, directors and key employees

    total $1,560,849 · management and general $156,662 · fundraising $1,404,187

  • 7 · Other salaries and wages

    total $773,251 · management and general $77,612 · fundraising $695,639

  • 11b · Fees: legal

    total $22,119 · management and general $22,119

  • 11c · Fees: accounting

    total $31,338 · management and general $31,338

  • 11g · Fees: other

    total $1,758,720 · management and general $524,130 · fundraising $1,234,590

  • 12 · Advertising and promotion

    total $265,018 · fundraising $265,018

  • 13 · Office expenses

    total $50,020 · management and general $50,020

  • 17 · Travel

    total $110,814 · fundraising $110,814

  • 22 · Depreciation, depletion and amortization

    total $23,632 · management and general $23,632

  • 23 · Insurance

    total $22,471 · management and general $22,471

  • 24a · Other expenses: INTER-COMPANY EXPENSE

    total $136,139 · fundraising $136,139

  • 24b · Other expenses: WEBSITE/ONLINE EXPPENSE

    total $106,553 · management and general $106,553

  • 24c · Other expenses: RENTAL

    total $89,935 · fundraising $89,935

  • 24d · Other expenses: FOOD EXPENSE

    total $27,590 · fundraising $27,590

  • 24e · All other expenses

    total $54,431 · management and general $4,038 · fundraising $50,393

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $177,029 · end of year $1,976,342

  • 2 · Savings and temporary cash investments

    beginning of year $8,822,270 · end of year $3,725,433

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $24,523,651

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

    $180,560

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

    $25,081

  • 10c · Land, buildings and equipment, net

    beginning of year $38,902 · end of year $155,479

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $51,822

  • 15 · Other assets

    beginning of year $60,000 · end of year $347,735

  • 17 · Accounts payable and accrued expenses

    beginning of year $120,422 · end of year $312,778

  • 27 · Net assets without donor restrictions

    beginning of year $8,977,779 · end of year $30,467,684

Mission and programs · 2023

Mission

THE PURPOSE OF THE ORGANIZATION IS TO AUGMENT FINANCIAL SUPPORT OF MENTAL HEALTH RESEARCH, AND ADDRESS, EDUCATE, ADVANCE, AND INFORM THE PUBLIC ON MENTAL HEALTH DISEASE AND BRAIN HEALTH ("MENTAL HEALTH DISORDERS").

Activities or mission (Part I)

SUPPORT RESEARCH AND TREATMENT OF MENTAL HEALTH DISORDERS.

  • FINANCIAL SUPPORT OF RESEARCH:SUPPORTING AND SPONSORING RESEARCH INTO THE CAUSES OF MENTAL HEALTH DISORDERS, INCLUDING GENETIC LINKS.

    Expenses $7,755,000 · Grants $7,755,000

  • COMMUNITY OUTREACH AND EDUCATION:SUPPORTING AND SPONSORING COMMUNITY OUTREACH AND EDUCATION PROGRAMS THAT FOCUS ON DESTIGMATIZING MENTAL HEALTH DISORDERS.

    Expenses $32,400 · Grants $32,400

  • OVERALL EDUCATION AND ADVOCACY:EDUCATING AND INFORMING THE PUBLIC GENERALLY ABOUT MENTAL HEALTH DISORDERS, AS WELL AS THE RESOURCES AVAILABLE FOR TREATING MENTAL HEALTH DISORDERS. EDUCATING AND ADVOCATING FOR SYSTEMATIC CHANGE FOR THE TREATMENT AND PRIORITIZATION OF MENTAL HEALTH DISORDERS. TO THAT END, THE ORGANIZATION WILL SEEK BROAD-BASED PUBLIC FUNDING FOR ITS MENTAL HEALTH INITIATIVES.

As filed on the 2023 return.

Listed in Part VII

  • Christena Durham

    CHAIR & DIRECTOR

    Total calculated
    $0
    Hours/week
    20

  • Thomas Muir

    TREASURER & DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • David Huntsman

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    20

  • Mark Rappaport

    DIRECTOR (FROM 12/14/2023)

    Total calculated
    $0
    Hours/week
    40

  • Ronald Moffitt

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Joseph Stampe

    PRESIDENT & CEO

    Total calculated
    $926,094
    From this org
    $0
    From related orgs
    $926,094
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $926,094 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $926,094 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

None.

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

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202443189349300814

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.