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Nonprofiteer
← ST DAVIDS FOUNDATION COMMUNITY FUND

Form 990 for tax year 2023

Filed by ST DAVIDS FOUNDATION COMMUNITY FUND.

Totals

Total revenue
$11,773,275
Total expenses
$6,516,859
Contributions and grants received
$902,236
Grants paid
$2,121,290
Program service revenue
$10,312,000
Investment income
$547,732
Other revenue
$11,307
Total assets, end of year
$60,365,413
Total liabilities, end of year
$47,722,266
Net assets or fund balances, end of year
$12,643,147
Program services expenses (Part IX)
$6,486,906
Management and general expenses
$29,953
Fundraising expenses
$0
Program service expenses (Part III)
$6,486,906

Program services were 99.5% 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.

  • 1c · Fundraising events

    $900,941

  • 1f · All other contributions, gifts and grants

    $1,295

  • 2a · Program service revenue: SURGERY CENTER REVENUE

    total $10,312,000 · related or exempt $10,312,000

  • 3 · Investment income

    total $547,732 · excluded $547,732

  • 8a · Fundraising events: gross income

    $42,750

  • 8a · Fundraising events: contributions included on line 1c

    $900,941

  • 8b · Fundraising events: direct expenses

    $31,443

  • 8c · Net income from fundraising events

    total $11,307 · excluded $11,307

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 2 · Grants to domestic individuals

    total $2,071,290 · program services $2,071,290

  • 11b · Fees: legal

    total $213 · management and general $213

  • 11c · Fees: accounting

    total $10,419 · management and general $10,419

  • 13 · Office expenses

    total $75,058 · program services $63,063 · management and general $11,995

  • 14 · Information technology

    total $1,923 · program services $1,877 · management and general $46

  • 17 · Travel

    total $4,108 · program services $1,187 · management and general $2,921

  • 19 · Conferences, conventions and meetings

    total $3,188 · management and general $3,188

  • 20 · Interest

    total $4,297,556 · program services $4,297,556

  • 22 · Depreciation, depletion and amortization

    total $1,171 · management and general $1,171

  • 24a · Other expenses: SCHOLARSHIP PROGRAM

    total $1,933 · program services $1,933

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $10,348,260 · end of year $12,457,271

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,792 · end of year $3,822

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

    $11,708

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

    $9,566

  • 10c · Land, buildings and equipment, net

    beginning of year $3,313 · end of year $2,142

  • 13 · Investments: program-related

    beginning of year $48,321,518 · end of year $47,902,178

  • 15 · Other assets

    beginning of year $15,347 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $17,381 · end of year $30,691

  • 25 · Other liabilities

    beginning of year $51,373,196 · end of year $47,691,575

  • 27 · Net assets without donor restrictions

    beginning of year $6,011,316 · end of year $11,022,220

  • 28 · Net assets with donor restrictions

    beginning of year $1,316,337 · end of year $1,620,927

Mission and programs · 2023

Mission

THE MISSION OF ST. DAVID'S FOUNDATION COMMUNITY FUND ("COMMUNITY FUND")IS TO IMPROVE THE HEALTH OF CENTRAL TEXANS AND TO PROVIDE SCHOLARSHIPS TO FINANCIALLY DISADVANTAGED STUDENTS PURSUING A HEALTH CARE CAREER AT A TEXAS COLLEGE OR UNIVERSITY. (SEE SCHEDULE O) IN ADDITION, WE CONTROL VARIOUS MEDICAL FACILITIES IN CENTRAL TEXAS THAT PROVIDE HEALTHCARE TO THE COMMUNITY IN ACCORDANCE WITH THE COMMUNITY BENEFIT STANDARD.

Activities or mission (Part I)

PROVIDES NEEDS-BASED SCHOLARSHIPS TO STUDENTS PURSUING HEALTHCARE (SEE SCHEDULE O) CAREERS AND CONTROLS HEALTHCARE FACILITIES.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $2,087,164 · Grants $2,052,190

  • SURGERY CENTERS - THE COMMUNITY FUND CONTROLS MEDICAL FACILITIES IN CENTRAL TEXAS IN ACCORDANCE WITH THE COMMUNITY BENEFIT STANDARD.

    Expenses $4,297,556 · Revenue $10,312,000

  • AGING WELL - COMMUNITY FUND CREATED AGING WELL TO ADDRESS THE GROWING NEEDS OF THE AGING POPULATION WITH A MISSION OF BRINGING TOGETHER INDIVIDUALS AND COMMUNITY PARTNERS TO IMPROVE THE LIVES OF OLDER ADULTS AND THEIR CAREGIVERS. AN ACTIVE COMMUNITY GROUP THAT SUPPORTS CENTRAL TEXAS ORGANIZATIONS ASSISTING OLDER ADULTS AND THEIR CAREGIVERS WITH THE CHALLENGES OF AGING ISSUES, AGING WELL PROVIDES RESOURCES, SUPPORT AND EVENTS THAT EMBRACE VOLUNTEERISM, EDUCATION, AND PHILANTHROPY (SEE SCHEDULE O).INCREASING ACCESS TO AGING-RELATED RESOURCES IN CENTRAL TEXAS IS A PRIORITY OF THE COMMUNITY FUND. THROUGH STRATEGIC GRANTMAKING, THE COMMUNITY FUND SEEKS TO INCREASE SUPPORT FOR OLDER ADULTS TO LIVE SAFELY AND INDEPENDENTLY IN THEIR OWN COMMUNITY. AS A PROGRAM OF COMMUNITY FUND, AGINGWELL IS COMMITTED TO STRATEGICALLY ALIGNING THESE EFFORTS IN ADDITION TO SERVING AS A RESOURCE FOR THE AGING COMMUNITY IN CENTRAL TEXAS.

    Expenses $83,086 · Grants $50,000

  • DURING 2023, THE COMMUNITY FUND MADE NONRECURRING GRANTS TO PROVIDE EMERGENCY ASSISTANCE AND GRADUATION SUPPORT.

    Expenses $19,100 · Grants $19,100

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Edward B Burger

    CHAIR

    Total calculated
    $635,771
    From this org
    $0
    From related orgs
    $602,188
    Other
    $33,583
    Hours/week
    1.35 + 43.65 related

    Schedule J breakdown matched by us

    Base
    $0 + $487,163 related
    Bonus
    $0 + $109,833 related
    Other
    $0 + $5,192 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $13,783 related
    Filer's total
    $0 + $635,771 related

  • Rodney S Bond

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    1

  • Barbara Porter

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    1

  • Cara Abazari

    PRESIDENT

    Total calculated
    $256,869
    From this org
    $0
    From related orgs
    $213,544
    Other
    $43,325
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,084 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $1,460 related
    Deferred
    $0 + $12,786 related
    Nontaxable benefits
    $0 + $30,539 related
    Filer's total
    $0 + $256,869 related

  • Taylor Gutierrez

    SECRETARY

    Total calculated
    $121,122
    From this org
    $0
    From related orgs
    $91,907
    Other
    $29,215
    Hours/week
    28 + 12 related

  • Amy Vaughan

    CHIEF FINANCIAL OFFICER

    Total calculated
    $406,142
    From this org
    $0
    From related orgs
    $365,528
    Other
    $40,614
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $362,883 related
    Bonus
    $0 + $1,500 related
    Other
    $0 + $1,145 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $20,814 related
    Filer's total
    $0 + $406,142 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

The filer's explanations (Part III)

PART I, LINE 3:
THE ST. DAVID'S FOUNDATION COMPENSATION COMMITTEE COMMISSIONS A REPORT FROM AN INDEPENDENT COMPENSATION EXPERT COVERING ALL EXECUTIVES AND HIGHLY COMPENSATED EMPLOYEES OF THE FOUNDATION AND RELATED TAX EXEMPT ENTITIES. EDWARD BURGER, IN HIS POSITION AS CHAIR OF THE REPORTING ORGANIZATION, REVIEWS THE COMPARABLE DATA FROM THE REPORT AND MAKES RECOMMENDATIONS TO THE BOARD REGARDING EXECUTIVE COMPENSATION FOR OFFICERS.
FORM 990, PART VII-A, COLUMN (E)
SEVERAL OF THE COMMUNITY FUND'S BOARD MEMBERS HAD SPOUSES WHO TRAVELED WITH THEM TO ATTEND BOARD MEETINGS. THE COMMUNITY FUND 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 COMMUNITY FUND 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

No itemized grants to organizations 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.

  • LEADERSHIP HEALTHCARE HOLDINGS LP LLP

    RELATED · OWNS MAJORITY INTERESTS IN AMBULATORY SURGERY CENTERS · TX · 41% owned · share of income $14,485,934 · share of assets $51,417,946 · general or managing partner

    Directly controlled by ST DAVID'S FOUNDATION COMMUNITY FUND

  • LEADERSHIP HEALTHCARE HOLDINGS II LP LLP

    OWNS AN INTEREST IN A RADIOLOGY CENTER · TX

  • ST DAVID'S HEALTHCARE PARTNERSHIP LP LLP

    OWNS & OPERATES 4 HOSPITALS IN CENTRAL TX · TX

  • HEALTH AT HOME HOLDINGS - AUSTIN LLC

    HOME HEALTH AND HOSPICE SERVICES · TX

  • AUSTIN GI SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • BAILEY SQUARE AMBULATORY SURGICAL CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • CAREOS SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • CP SURGERY CENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • MCA-CTMC HOLDINGS LLC

    AMBULATORY SURGERY CENTER · TX

  • NORTH AUSTIN SURGERY CENTER LP

    AMBULATORY SURGERY CENTER · TX

  • OAKWOOD SURGERY CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • SOUTH AUSTIN SURGERY CENTER LTD

    AMBULATORY SURGERY CENTER · TX

  • SOUTH AUSTIN SURGICENTER LLC

    AMBULATORY SURGERY CENTER · TX

  • ST DAVID'S AUSTIN AREA ASC LLC

    AMBULATORY SURGERY CENTER · 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
202413199349306961

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