SHADYSIDE HOSPITAL FOUNDATION

EIN: 251290546 501(c)(3) Health Care

PITTSBURGH, PA

Total Revenue
$9,846,704
Total Expenses
$3,127,622
Total Assets
$130,580,696
Net Assets
$128,516,352
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
PA
Principal Officer
JENNIFER N MARCH
Phone
4126236602
Tax Period
2024-07-01 to 2025-06-30

SHADYSIDE HOSPITAL FOUNDATION, founded in 1975, is a community nonprofit in the Health Care sector that reported $9.8M in total revenue in fiscal year 2024. Revenue surged 160% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.7M, a strong 68% operating margin.

Mission

TO RAISE FUNDS FOR THE BENEFIT OF UPMC-PRESBYTERIAN/SHADYSIDE. THE FUNDS RAISED ARE USED TO FURTHER IMPROVE AND ADVANCE THE SCIENCE OR ART OF HEALTHCARE DELIVERY AND ASSIST IN THE ADVANCEMENT OF MEDICAL EDUCATION AND RESEARCH.

Program Service Accomplishments

Program 1
Expenses: $2,342,755 Revenue: $0

EACH YEAR THE FOUNDATION PUTS OUT A CALL FOR GRANT REQUESTS FROM PERSONNEL AT UPMC SHADYSIDE. OF 70 REQUESTS FOR FUNDING THAT WERE SUBMITTED, 56 WERE APPROVED. FOUR HIGHLIGHTED PROJECTS INCLUDE: A...

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EACH YEAR THE FOUNDATION PUTS OUT A CALL FOR GRANT REQUESTS FROM PERSONNEL AT UPMC SHADYSIDE. OF 70 REQUESTS FOR FUNDING THAT WERE SUBMITTED, 56 WERE APPROVED. FOUR HIGHLIGHTED PROJECTS INCLUDE: A STREET MEDICINE CONSULT SERVICE AT UPMC SHADYSIDE, UPMC PROSTATE CANCER CLINIC OUTREACH PROGRAM, CLINICAL EDUCATION RESIDENCY PROGRAM: DEVELOPING THE NEXT GENERATION OF FUTURE NURSE EDUCATORS, AND A RESEARCH PROJECT TO EVALUATE GREEN LIGHT THERAPY FOR PAIN MANAGEMENT FOR SURGERY PATIENTS.ADDITIONAL PROJECTS INCLUDE THE DIABETES EDUCATION SCHOLARSHIP, WHICH PROVIDES MEDICATIONS, SUPPLIES, AND COUNSELING. THE SHADYSIDE HOSPITAL IMPROVEMENT MODEL PROVIDES SALARIES FOR TWO IMPROVEMENT SPECIALISTS WHO WORK WITH THE HOSPITAL TO MAKE IMPROVEMENTS FOR PATIENT SAFETY AND CARE.SINCE 1975, OUR VOLUNTEER BOARD HAS SUCCESSFULLY STEWARDED THE GIFTS OF GENERAL DONORS, PUTTING THEIR DOLLARS TO WORK TO HELP CREATE A WORLD-RENOWNED HOSPITAL THAT MAKES OUR COMMUNITY STRONG. SUPPORTING PROJECTS FOR QUALITY CARE, EDUCATION, AND RESEARCH THAT LIE BEYOND THE HOSPITAL'S NORMAL OPERATING BUDGET, THE SHADYSIDE HOSPITAL FOUNDATION CHANGES LIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $444,736
Program Service Revenue $0
Investment Income $9,407,881
Other Revenue $-5,913
TOTAL REVENUE $9,846,704

Expense Breakdown

Grants Paid $2,342,755
Salaries & Benefits $420,701
Fundraising Expenses $88,229
Program Expenses $2,342,755
Other Expenses $364,166
TOTAL EXPENSES $3,127,622

Year-over-Year Comparison

2024 2023 Change
Revenue $9,846,704 $3,783,865 +1.6%
Expenses $3,127,622 $3,210,910 0.0%
Net Income $6,719,082 $572,955 +10.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
60
Independent Members
59
Employees
4
Volunteers
59

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$338,485
Total Directors
62
$338,485
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER MARCH ED/SECRETARY 39.00
Officer Director
$170,594 $0 $170,594
LOUISE R BROWN SENIOR ADVISOR (UNTIL 06/24) 39.00
Officer Director
$154,705 $13,186 $167,891
TORRENCE M HUNT JR CHAIRMAN 1.00
Officer Director
$0 $0 $0
H VAUGHAN BLAXTER III VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARK J LASKOW VICE CHAIR 1.00
Officer Director
$0 $0 $0
MIKELL COOPER SCHENCK VICE CHAIR 1.00
Officer Director
$0 $0 $0
NANCY B FOSTER TREASURER 1.00
Officer Director
$0 $0 $0
W CRAIG ESTERLY ASST. TREASURER & SECRETARY 1.00
Officer Director
$0 $0 $0
LAWRENCE N ADLER MD BOARD MEMBER 1.00
Director
$0 $0 $0
VIJAY K BAHL MD BOARD MEMBER 1.00
Director
$0 $0 $0
CAROLINE D BARMEN BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM W BARRINGTON MD BOARD MEMBER 1.00
Director
$0 $0 $0
DOROTHY B BECKWITH BOARD MEMBER 1.00
Director
$0 $0 $0
G NICHOLAS BECKWITH III BOARD MEMBER 1.00
Director
$0 $0 $0
BONNIE BLAXTER BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY B BORNTRAEGER BOARD MEMBER 1.00
Director
$0 $0 $0
MARY BRIGNANO BOARD MEMBER 1.00
Director
$0 $0 $0
YVETTE L BROADNAX MD BOARD MEMBER 1.00
Director
$0 $0 $0
AH BURCHFIELD III BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM M COOPER III BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA M DUGGAN BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL EUWER JR BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN EVANS MD BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY C FALES BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA FINE BOARD MEMBER 1.00
Director
$0 $0 $0
MONA N GENERETT PHD BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN GIRDHAR MD BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES A GLEASON MD BOARD MEMBER 1.00
Director
$0 $0 $0
CLINTON E GUYAUX CFP CLU BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN F HENSLER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES F HILLIARD BOARD MEMBER 1.00
Director
$0 $0 $0
MATTHEW HOLTZMAN MD BOARD MEMBER 1.00
Director
$0 $0 $0
LEO A KEEVICAN JR BOARD MEMBER 1.00
Director
$0 $0 $0
JOAN KENNEY BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA L KNUPP MD BOARD MEMBER 1.00
Director
$0 $0 $0
ELLIS KUNKA BOARD MEMBER 1.00
Director
$0 $0 $0
LOUIS E LEFF MD FACP BOARD MEMBER 1.00
Director
$0 $0 $0
KATE W MACVEAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES V MASTERSON III BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER GONZALES MCCOMB MD BOARD MEMBER 1.00
Director
$0 $0 $0
W DUFF MCCRADY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MCSORLEY III MD BOARD MEMBER (UNTIL 3/25) 1.00
Director
$0 $0 $0
MARK W MEYER MD BOARD MEMBER 1.00
Director
$0 $0 $0
COOPER SCHENCK MUNROE BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER J MUSE BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL B NELSON MD BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD A PAGLIARI BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES PINGPANK MD BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL W PITUCH DMD MD BOARD MEMBER 1.00
Director
$0 $0 $0
SANDRA L RADER BOARD MEMBER 1.00
Director
$0 $0 $0
FRED H RUBIN MD BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN A RUDOLF BOARD MEMBER 1.00
Director
$0 $0 $0
BLAKE L RUTTENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
DEMMLER SCHENCK BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL SINGH MD BOARD MEMBER 1.00
Director
$0 $0 $0
MARK A STUDER BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM M SWARTZ MD BOARD MEMBER 1.00
Director
$0 $0 $0
NATALIE TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH C WALTON BOARD MEMBER 1.00
Director
$0 $0 $0
ELISE YANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
W DENNIS ZEREGA EDD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID S ZORUB MD BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,846,704 $3,127,622 $130,580,696 $6,719,082
2024 $3,783,865 $3,210,910 $114,713,742 $572,955
2023 $8,985,555 $5,932,951 $102,558,753 $3,052,604
2022 $19,033,377 $2,226,517 $98,652,729 $16,806,860
2021 $4,802,449 $2,886,297 $112,507,072 $1,916,152
2020 $1,532,968 $2,742,241 $86,551,732 $-1,209,273
2019 $6,867,758 $2,787,765 $84,352,512 $4,079,993
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