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Nonprofiteer
← INDIANA UNIVERSITY HEALTH FOUNDATION INC

Form 990 for tax year 2022

Filed by INDIANA UNIVERSITY HEALTH FOUNDATION INC.

Totals

Total revenue
$33,271,162
Total expenses
$29,579,064
Contributions and grants received
$29,130,327
Grants paid
$28,428,548
Program service revenue
$1,038,163
Investment income
$2,691,199
Other revenue
$411,473
Total assets, end of year
$301,824,349
Total liabilities, end of year
$19,318,046
Net assets or fund balances, end of year
$282,506,303
Program services expenses (Part IX)
$28,498,630
Management and general expenses
$473,946
Fundraising expenses
$606,488
Program service expenses (Part III)
$28,498,630

Program services were 96.3% 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

    $489,155

  • 1d · Related organizations

    $21,931,187

  • 1f · All other contributions, gifts and grants

    $6,709,985

  • 1g · Noncash contributions included above

    $268,875

  • 2a · Program service revenue: PROFESSIONAL FEE REVENUE

    total $1,038,163 · related or exempt $1,038,163

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $6,329,485 · excluded $6,329,485

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $44,575,100 · other assets $67,718

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

    securities $48,281,104 · other assets $0

  • 7c · Gain or loss

    securities -$3,706,004 · other assets $67,718

  • 7d · Net gain or loss

    total -$3,638,286 · excluded -$3,638,286

  • 8a · Fundraising events: gross income

    $970,719

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

    $489,155

  • 8b · Fundraising events: direct expenses

    $759,636

  • 8c · Net income from fundraising events

    total $211,083 · excluded $211,083

  • 11a · Other revenue: ALL OTHER REVENUE

    total $200,390 · excluded $200,390

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $200,390

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $28,428,548 · program services $28,428,548

  • 11e · Fees: professional fundraising services

    total $606,488 · fundraising $606,488

  • 11f · Fees: investment management

    total $469,193 · management and general $469,193

  • 11g · Fees: other

    total $74,835 · program services $70,082 · management and general $4,753 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $21,202,909 · end of year $8,150,626

  • 3 · Pledges and grants receivable

    beginning of year $7,187,403 · end of year $6,375,305

  • 4 · Accounts receivable

    beginning of year $1,045,335 · end of year $3,349,455

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $191,024,007 · end of year $158,839,884

  • 12 · Investments: other securities

    beginning of year $83,260,613 · end of year $103,722,232

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $24,760,321 · end of year $21,386,847

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,912,891 · end of year $6,185,489

  • 19 · Deferred revenue

    beginning of year $4,450,744 · end of year $8,043,231

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $5,972,683 · end of year $5,089,326

  • 27 · Net assets without donor restrictions

    beginning of year $181,350,916 · end of year $167,560,185

  • 28 · Net assets with donor restrictions

    beginning of year $126,793,354 · end of year $114,946,118

Mission and programs · 2022

Mission

INDIANA UNIVERSITY HEALTH FOUNDATION LEVERAGES THE POWER OF PHILANTHROPY TO SUPPORT THE IU HEALTH GOAL OF MAKING INDIANA ONE OF THE HEALTHIEST STATES IN THE NATION.

  • AS A SUPPORTING ORGANIZATION FOR IU HEALTH INC. AND ITS AFFILIATED ORGANIZATIONS, THE INDIANA UNIVERSITY HEALTH FOUNDATION, INC. PROVIDED OVER $28 MILLION IN FUNDING TO IU HEALTH INC. AND ITS AFFILIATED ORGANIZATIONS FOR IMPORTANT COMMUNITY HEALTH INITIATIVES DURING 2022.

    Expenses $28,498,630 · Grants $28,428,548

  • INDIANA UNIVERSITY HEALTH FOUNDATION SUPPORTS INDIANA UNIVERSITY HEALTH AND THE MEDICAL EDUCATION THAT FUNDS PHYSICIAN FELLOWSHIPS, PROFESSIONAL DEVELOPMENT AND OTHER TYPES OF MEDICAL EDUCATION. THIS ALLOWS EXPERIENCED SPECIALISTS AND LESS TENURED PHYSICIANS TO WORK TOGETHER WHILE PROVIDING OPPORTUNITIES FOR RESEARCH, RECRUITMENT, MULTI-SPECIALTY COLLABORATION AND NATIONAL EXPOSURE.

    Revenue $1,038,163

As filed on the 2022 return.

Listed in Part VII

  • Aman Brar

    DIRECTOR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Crystal H Miller

    PRESIDENT/SECRETARY

    Total calculated
    $474,777
    From this org
    $0
    From related orgs
    $420,027
    Other
    $54,750
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $377,679 related
    Bonus
    $0 + $39,069 related
    Other
    $0 + $3,279 related
    Deferred
    $0 + $23,031 related
    Nontaxable benefits
    $0 + $31,719 related
    Filer's total
    $0 + $474,777 related

  • Gary D Henriott

    DIRECTOR/CHAIR

    Total calculated
    $6,750
    From this org
    $0
    From related orgs
    $6,750
    Other
    $0
    Hours/week
    1 + 6 related

  • Alan Henderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anne Nobles

    DIRECTOR

    Total calculated
    $37,500
    From this org
    $0
    From related orgs
    $37,500
    Other
    $0
    Hours/week
    1 + 6 related

  • Brownsyne Tucker Edmonds MD

    DIRECTOR

    Total calculated
    $445,816
    From this org
    $0
    From related orgs
    $415,749
    Other
    $30,067
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $382,829 related
    Bonus
    $0 + $15,710 related
    Other
    $0 + $17,209 related
    Deferred
    $0 + $9,425 related
    Nontaxable benefits
    $0 + $20,643 related
    Filer's total
    $0 + $445,816 related

  • Deborah F Tobias

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dennis M Murphy

    DIRECTOR

    Total calculated
    $4,982,844
    From this org
    $0
    From related orgs
    $4,034,072
    Other
    $948,772
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,870,984 related
    Bonus
    $0 + $1,536,618 related
    Other
    $0 + $626,470 related
    Deferred
    $0 + $892,932 related
    Nontaxable benefits
    $0 + $55,840 related
    Filer's total
    $0 + $4,982,844 related

  • Denny Sponsel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gina Giacone

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Marcuccilli

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael J Fisher

    Director

    Total calculated
    $0
    Hours/week
    1 + 8 related

  • Mitesh Shah MD

    Director

    Total calculated
    $1,391,426
    From this org
    $0
    From related orgs
    $1,355,997
    Other
    $35,429
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,118,030 related
    Bonus
    $0 + $20,799 related
    Other
    $0 + $217,168 related
    Deferred
    $0 + $7,289 related
    Nontaxable benefits
    $0 + $28,140 related
    Filer's total
    $0 + $1,391,426 related

  • Shelly Schwarz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Moore MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William R Ringo

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Huesing

    TREASURER

    Total calculated
    $504,796
    From this org
    $0
    From related orgs
    $430,595
    Other
    $74,201
    Hours/week
    2 + 53 related

    Schedule J breakdown matched by us

    Base
    $0 + $373,843 related
    Bonus
    $0 + $33,930 related
    Other
    $0 + $22,822 related
    Deferred
    $0 + $12,042 related
    Nontaxable benefits
    $0 + $62,159 related
    Filer's total
    $0 + $504,796 related

  • Heather Perdue

    Vice President, Campaigns and Philanthropy

    Total calculated
    $217,721
    From this org
    $0
    From related orgs
    $180,579
    Other
    $37,142
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $166,751 related
    Bonus
    $0 + $13,472 related
    Other
    $0 + $356 related
    Deferred
    $0 + $7,472 related
    Nontaxable benefits
    $0 + $29,670 related
    Filer's total
    $0 + $217,721 related

  • Jami Marsh

    Vice President, Strategy and Philanthropy

    Total calculated
    $219,197
    From this org
    $0
    From related orgs
    $169,808
    Other
    $49,389
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $155,942 related
    Bonus
    $0 + $13,076 related
    Other
    $0 + $791 related
    Deferred
    $0 + $7,253 related
    Nontaxable benefits
    $0 + $42,137 related
    Filer's total
    $0 + $219,197 related

  • Laura Pickett

    FORMER OFFICER

    Total calculated
    $362,428
    From this org
    $0
    From related orgs
    $307,513
    Other
    $54,915
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $256,858 related
    Bonus
    $0 + $24,186 related
    Other
    $0 + $26,469 related
    Deferred
    $0 + $10,271 related
    Nontaxable benefits
    $0 + $44,644 related
    Filer's total
    $0 + $362,429 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

  • 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)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
DENNIS M. MURPHY AND CRYSTAL H. MILLER PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, PROVISIONS OF WHICH ARE DESIGNED TO RETAIN CRITICAL EMPLOYEES. THE PLAN PROVIDES FOR AN ADDITIONAL RETIREMENT BENEFIT FOR SERVICE THROUGH NORMAL RETIREMENT OR OTHER KEY DATES. IF THE EXECUTIVE LEAVES PRIOR TO RETIREMENT OR OTHER KEY DATES, THE BENEFIT MAY BE FORFEITED OR REDUCED. THE EXECUTIVES LISTED ABOVE HAVE AN AMOUNT INCLUDED IN COLUMN C, DEFERRED COMPENSATION, REPRESENTING THE CURRENT YEAR UNVESTED CONTRIBUTIONS MADE UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THESE AMOUNTS WERE NOT PAID TO THE EXECUTIVES DURING THE YEAR. THE FOLLOWING EXECUTIVE HAS AN AMOUNT INCLUDED IN COLUMN B (III), OTHER REPORTABLE COMPENSATION, REPRESENTING THE CURRENT YEAR VESTED AMOUNTS RECEIVED UNDER THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN: - DENNIS M. MURPHY ($592,283) Dennis M. Murphy has a retention agreement which was signed in 2019. The anticipated vesting and payout date of the retention bonus is 1/1/25.

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.

  • BALL OUTPATIENT SUR CTR LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BELTWAY SURGERY CENTERS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BOSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • BSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • HEALTH VENTURE MANAGEMENT LLC

    MANAGEMENT · IN

    Directly controlled by NA

  • IEC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • INDIANA ENDOSCOPY CENTERS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • ROC SURGERY LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • ROCS HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • SENATE ST SURGERY CENTER LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • SSSC HOLDINGS LLC

    HEALTHCARE · IN

    Directly controlled by NA

  • IU Health Southwest Fort Wayne Ambulatory Surgery Center LLC

    Healthcare · IN

    Directly controlled by na

  • IU Health Fort Wayne SW ASC Holdings LLC

    HEALTHCARE · IN

    Directly controlled by NA

Related corporations and trusts

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

  • BMH MEDICAL PAVILION ASSOCIATION INC

    C Corporation · CONDO MANAGEMENT · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH 457(B) PLAN

    Trust · INVESTMENTS · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH ACO INC

    C Corporation · HEALTHCARE · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH BOARD DESIGNATED TRUST

    Trust · INVESTMENTS · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH PLANS INC

    C Corporation · HMO · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH RISK PURCHASING GROUP INC

    C Corporation · INSURANCE · IN · controlled entity

    Directly controlled by NA

  • IU HEALTH RISK RETENTION GROUP INC

    C Corporation · INSURANCE · SC · controlled entity

    Directly controlled by NA

  • IUH ASSURANCE SPC LTD

    C Corporation · INSURANCE · CJ · controlled entity

    Directly controlled by NA

  • PROTEUO FUND LP

    C Corporation · INVESTMENTS · CJ · controlled entity

    Directly controlled by NA

  • CERBERUS RESIDENTIAL OPPORT INST LTD

    C Corporation · INVESTMENTS · CJ · controlled entity

    Directly controlled by NA

  • University Surgeons Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • Pediatric Surgical Associates Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • Cardiothoracic Surgeons Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

  • University Vascular Surgery Inc

    C Corporation · Physician Services · IN · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349303561

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