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Nonprofiteer
← HEALTHCARE FOUNDATION OF HIGHLAND PARK

Form 990 for tax year 2022

Filed by HEALTHCARE FOUNDATION OF HIGHLAND PARK.

Totals

Total revenue
$1,538,633
Total expenses
$2,021,152
Contributions and grants received
$0
Grants paid
$1,850,000
Program service revenue
$0
Investment income
$1,538,633
Other revenue
$0
Total assets, end of year
$34,717,594
Total liabilities, end of year
$800,000
Net assets or fund balances, end of year
$33,917,594
Program services expenses (Part IX)
$1,850,000
Management and general expenses
$171,152
Fundraising expenses
$0
Program service expenses (Part III)
$1,850,000

Program services were 91.5% 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.

  • 3 · Investment income

    total $842,200 · excluded $842,200

  • 7a · Gross sales of assets other than inventory

    securities $2,427,829

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

    securities $1,731,396

  • 7c · Gain or loss

    securities $696,433

  • 7d · Net gain or loss

    total $696,433 · excluded $696,433

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,850,000 · program services $1,850,000

  • 11b · Fees: legal

    total $875 · management and general $875

  • 11f · Fees: investment management

    total $73,580 · management and general $73,580

  • 13 · Office expenses

    total $128 · management and general $128

  • 14 · Information technology

    total $525 · management and general $525

  • 23 · Insurance

    total $4,550 · management and general $4,550

  • 24a · Other expenses: OTHER INV EXP (FLOW-THRU)

    total $32,428 · management and general $32,428

  • 24b · Other expenses: OTHER PORTFOLIO EXPENSES

    total $24,958 · management and general $24,958

  • 24c · Other expenses: PUBLIC RELATIONS

    total $18,000 · management and general $18,000

  • 24d · Other expenses: INVEST MGT FEE (FLOW-THRU

    total $16,108 · management and general $16,108

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $177,427 · end of year $112,410

  • 11 · Investments: publicly traded securities

    beginning of year $43,281,307 · end of year $34,241,634

  • 12 · Investments: other securities

    beginning of year $588,297 · end of year $363,550

  • 25 · Other liabilities

    beginning of year $1,200,000 · end of year $800,000

  • 31 · Retained earnings, endowment or other funds

    beginning of year $42,847,031 · end of year $33,917,594

Mission and programs · 2022

Mission

TO SUPPORT HEALTHCARE PROGRAMS AND SERVICES IN THE GEOGRAPHIC AREA SERVED BY HIGHLAND PARK HOSPITAL

  • THE FOUNDATION PROVIDED A GRANT OF 800,000 TO SUPPORT HEALTHCARE AT NORTSHORE UNIVERSITY HEALTHSYSTEM - HIGHLAND PARK HOSPITAL. IN ADDITION, THE FOUNDATION PROVIDED 26 GRANTS TO 25 DIFFERENT IRC SECTION 501(C)(3) ORGANIZATIONS TOTALING 1,050,000 THAT PROVIDE HEALTHCARE AND RELATED SERVICES TO PEOPLE RESIDING IN HIGHLAND PARK, ILLINOIS AND ITS SURROUNDING COMMUNITIES. THESE ORGANIZATIONS SUPPORT AND BENEFIT THE HEALTHCARE MISSION OF NORTHSHORE UNIVERSITY HEALTHSYSTEM. IN MANY CASES THE DIRECT HEALTHCARE, PREVENTATIVE SERVICES, AND MANY OTHER VARIOUS RELATED SERVICES PROVIDED BY THESE ORGANIZATIONS MAY ENABLE THE RESIDENTS TO AVOID USING THE EMERGENCY ROOM SERVICES AT THE HOSPITAL.

    Expenses $1,850,000 · Grants $1,850,000

As filed on the 2022 return.

Listed in Part VII

  • Gabrielle Cummings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 40 related

  • Robert Lund

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Sandra S McCraren

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • Lawrence R Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Aj Nathan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Nancy Rodkin Rotering

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ronald G Spaeth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • James C Styer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Terri S Tiersky

    VICE CHARMAN

    Total calculated
    $0
    Hours/week
    2

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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
2 November 2023
IRS schema version
2022v5.0
Source object
202333109349301423

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

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