Skip to content
Nonprofiteer
← SAINT MARYS FOUNDATION

Form 990 for tax year 2022

Filed by SAINT MARYS FOUNDATION.

Totals

Total revenue
$2,777,968
Total expenses
$2,802,747
Contributions and grants received
$1,453,190
Grants paid
$1,396,611
Program service revenue
$0
Investment income
$1,330,346
Other revenue
-$5,568
Total assets, end of year
$29,106,750
Total liabilities, end of year
$843,391
Net assets or fund balances, end of year
$28,263,359
Program services expenses (Part IX)
$1,668,620
Management and general expenses
$427,165
Fundraising expenses
$706,962
Program service expenses (Part III)
$1,668,620

Program services were 59.5% 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

    $1,453,190

  • 1g · Noncash contributions included above

    $64,788

  • 3 · Investment income

    total $683,863 · excluded $683,863

  • 7a · Gross sales of assets other than inventory

    securities $646,483

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

    securities $0

  • 7c · Gain or loss

    securities $646,483

  • 7d · Net gain or loss

    total $646,483 · excluded $646,483

  • 8a · Fundraising events: gross income

    $11,200

  • 8b · Fundraising events: direct expenses

    $16,768

  • 8c · Net income from fundraising events

    total -$5,568 · excluded -$5,568

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,391,244 · program services $1,391,244

  • 2 · Grants to domestic individuals

    total $5,367 · program services $5,367

  • 5 · Compensation of officers, directors and key employees

    total $269,007 · management and general $269,007

  • 7 · Other salaries and wages

    total $339,876 · fundraising $339,876

  • 9 · Other employee benefits

    total $33,124 · management and general $13,912 · fundraising $19,212

  • 10 · Payroll taxes

    total $41,998 · management and general $17,639 · fundraising $24,359

  • 11e · Fees: professional fundraising services

    total $236,906 · fundraising $236,906

  • 11f · Fees: investment management

    total $43,639 · management and general $43,639

  • 11g · Fees: other

    total $149,326 · management and general $62,717 · fundraising $86,609

  • 13 · Office expenses

    total $12,463 · management and general $12,463

  • 17 · Travel

    total $1,698 · management and general $1,698

  • 23 · Insurance

    total $696 · management and general $696

  • 24a · Other expenses: OTHER MISC. EXPENSE

    total $265,945 · program services $265,945

  • 24b · Other expenses: MEDICAL SUPPLIES EXPENS

    total $6,064 · program services $6,064

  • 24c · Other expenses: SUBSCRIPTIONS AND DUES

    total $5,394 · management and general $5,394

Balance sheet

Part X, book values.

  • 3 · Pledges and grants receivable

    beginning of year $27,322 · end of year $55,070

  • 11 · Investments: publicly traded securities

    beginning of year $16,445,863 · end of year $16,413,831

  • 12 · Investments: other securities

    beginning of year $10,831,857 · end of year $12,628,521

  • 15 · Other assets

    beginning of year $23,105 · end of year $9,328

  • 17 · Accounts payable and accrued expenses

    beginning of year $55,989 · end of year $31,197

  • 25 · Other liabilities

    beginning of year $283,182 · end of year $812,194

  • 27 · Net assets without donor restrictions

    beginning of year $15,920,630 · end of year $16,626,628

  • 28 · Net assets with donor restrictions

    beginning of year $11,068,346 · end of year $11,636,731

Mission and programs · 2022

Mission

WE, SAINT MARY'S FOUNDATION AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.SAINT MARY'S FOUNDATION IS A MEMBER OF TRINITY HEALTH-MICHIGAN AND TRINITY HEALTH.

Activities or mission (Part I)

TO PROVIDE SUPPORT FOR THE PROGRAMS OF TRINITY HEALTH GRAND RAPIDS

  • SINCE 1964, SAINT MARY'S FOUNDATION ("FOUNDATION"), LOCATED IN GRAND RAPIDS, MI, HAS SERVED AS THE FUNDRAISING ARM OF TRINITY HEALTH GRAND RAPIDS HOSPITAL, AN UNINCORPORATED DIVISION OF TRINITY HEALTH-MICHIGAN. THE ACTIVITIES OF THE FOUNDATION INCLUDE PROVIDING FINANCIAL RESOURCES THROUGH VOLUNTEERS SERVICES AND FUNDRAISING ACTIVITIES, AND PROMOTING HEALTH EDUCATION. THE FOUNDATION RAISED $1,450,000 IN FISCAL YEAR 2023 FROM INDIVIDUALS, CORPORATIONS, PRIVATE FOUNDATIONS, AND THE FEDERAL AND STATE GOVERNMENT WITH ASSISTANCE FROM DEDICATED VOLUNTEERS AND GENEROUS FRIENDS. THE FOUNDATION GAVE $1,366,000 TO TRINITY HEALTH GRAND RAPIDS HOSPITAL THIS YEAR DURING FISCAL YEAR 2023. FUNDS RAISED SUPPORTED CLINICAL EXCELLENCE, MEDICAL AND NURSING EDUCATION, CAMPUS ENHANCEMENTS, AND COMMUNITY OUTREACH AND PATIENT SUPPORT. THESE CONTRIBUTIONS HELP TRINITY HEALTH GRAND RAPIDS HOSPITAL MEET THE VAST MEDICAL AND SOCIAL SERVICE NEEDS OF THE UNINSURED AND UNDERINSURED COMMUNITY AND TO RESPOND TO THE UNMET NEEDS OF OLDER PERSONS IN THE COMMUNITY.PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION: WWW.TRINITYHEALTHMICHIGAN.ORG/FOUNDATION-AND-GIVING/

    Expenses $1,668,620 · Grants $1,396,611

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

Listed in Part VII

  • MATTHEW BIERSACK MD

    TRUSTEE; TRINITY GRAND RAPIDS PRES

    Total calculated
    $761,168
    From this org
    $0
    From related orgs
    $631,187
    Other
    $129,981
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $494,961 related
    Bonus
    $0 + $120,833 related
    Other
    $0 + $15,393 related
    Deferred
    $0 + $97,935 related
    Nontaxable benefits
    $0 + $32,046 related
    Filer's total
    $0 + $761,168 related

  • JILL ONESTI MD

    TRUSTEE; TH MED GROUP PHYSICIAN

    Total calculated
    $565,939
    From this org
    $0
    From related orgs
    $521,230
    Other
    $44,709
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $520,668 related
    Bonus
    $0
    Other
    $0 + $562 related
    Deferred
    $0 + $13,725 related
    Nontaxable benefits
    $0 + $30,984 related
    Filer's total
    $0 + $565,939 related

  • DANIEL GREEN

    TRUSTEE; TRINITY GRAND RAPIDS VP FIN

    Total calculated
    $438,570
    From this org
    $0
    From related orgs
    $383,252
    Other
    $55,318
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $313,331 related
    Bonus
    $0 + $63,550 related
    Other
    $0 + $6,371 related
    Deferred
    $0 + $22,875 related
    Nontaxable benefits
    $0 + $32,443 related
    Filer's total
    $0 + $438,570 related

  • ANDOLA MATHIS MD

    TRUSTEE; TH MED GROUP PHYSICIAN

    Total calculated
    $407,666
    From this org
    $0
    From related orgs
    $362,514
    Other
    $45,152
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $355,159 related
    Bonus
    $0 + $6,600 related
    Other
    $0 + $755 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $26,852 related
    Filer's total
    $0 + $407,666 related

  • KRISTINE TODD

    TRUSTEE; TH GR DIR ADMIN CLIN SVCS

    Total calculated
    $237,238
    From this org
    $0
    From related orgs
    $222,456
    Other
    $14,782
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,078 related
    Bonus
    $0 + $19,614 related
    Other
    $0 + $764 related
    Deferred
    $0 + $13,301 related
    Nontaxable benefits
    $0 + $1,481 related
    Filer's total
    $0 + $237,238 related

  • NEIL COLEGROVE MD

    TRUSTEE; TH MED GROUP PHYSICIAN

    Total calculated
    $176,105
    From this org
    $0
    From related orgs
    $138,729
    Other
    $37,376
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,645 related
    Bonus
    $0 + $2,714 related
    Other
    $0 + $1,370 related
    Deferred
    $0 + $11,259 related
    Nontaxable benefits
    $0 + $26,117 related
    Filer's total
    $0 + $176,105 related

  • SCOTT BRESLIN

    TRUSTEE; CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KIMBERLY MCLAUGHLIN

    TRUSTEE; VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN HAUENSTEIN

    TRUSTEE; SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • RHONDA HUISMANN

    TRUSTEE; TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JOE CHAMBERLIN

    TRUSTEE; OFFICER-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • BENJAMIN WILLIAMS

    TRUSTEE; OFFICER-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • ELLIE ZAGEL

    TRUSTEE; OFFICER-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • TAMMY BAILEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ERIN BONOVETZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PATRICK CEBELAK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KIMBERLY CLARKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER CROWLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BALJIT DEOL MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KATIE KARCZEWSKI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NAKIA KYLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EILEEN STOFFAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROSLYN SULLIVAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY TOWNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHRISTOPHER WESSELY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE RABIDEAU

    PRESIDENT, SAINT MARY'S FOUNDATION

    Total calculated
    $269,007
    From this org
    $0
    From related orgs
    $225,308
    Other
    $43,699
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $184,117 related
    Bonus
    $0 + $40,285 related
    Other
    $0 + $906 related
    Deferred
    $0 + $17,458 related
    Nontaxable benefits
    $0 + $26,241 related
    Filer's total
    $0 + $269,007 related

  • CATHY SKENE

    DIRECTOR OF SPECIAL GIFTS

    Total calculated
    $116,690
    From this org
    $0
    From related orgs
    $102,994
    Other
    $13,696
    Hours/week
    40

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

The filer's explanations (Part III)

PART I, LINE 3
ST. MARY'S FOUNDATION IS A SUBSIDIARY IN THE TRINITY HEALTH SYSTEM. THE ST. MARY'S FOUNDATION'S PRESIDENT IS PAID DIRECTLY BY THE FOUNDATION PARENT ENTITY, TRINITY HEALTH - MICHIGAN. TRINITY HEALTH - MICHIGAN USED COMPENSATION SURVEYS OR STUDIES TO ESTABLISH THE COMPENSATION OF THE ST. MARY'S FOUNDATION PRESIDENT.
PART I, LINE 4B
THE FOLLOWING IS A PARTICIPANT IN A TRINITY HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2022. THE PLAN PROVIDES RETIREMENT BENEFITS TO CERTAIN TRINITY HEALTH EXECUTIVES SUBJECT TO MEETING SPECIFIED VESTING AND EMPLOYMENT DATE REQUIREMENTS. PARTICIPANTS' VESTED BENEFITS WERE PAID OUT IN 2022, AND THEIR NON-VESTED BENEFITS FOR 2022 WERE ACCRUED. THE FOLLOWING ACCRUAL FOR 2022 IS INCLUDED IN COLUMN C OF SCHEDULE J, PART II: MATTHEW BIERSACK, MD - $79,635 THE FOLLOWING ARE PARTICIPANTS IN A TRINITY HEALTH RESTORATION PLAN. THE RESTORATION PLAN PROVIDES RETIREMENT BENEFITS FOR CERTAIN TRINITY HEALTH SYSTEM OFFICE EXECUTIVES WITH EARNINGS ABOVE THE IRS PAY CAP FOR QUALIFIED PLANS ($305,000 FOR 2022). THE FOLLOWING PAYOUTS FOR 2022 FOR THIS PLAN ARE INCLUDED IN COLUMN B(III) OF SCHEDULE J, PART II: MATTHEW BIERSACK, MD - $7,868 DANIEL GREEN - $2,523

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.

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349306495

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.