ST DAVID'S COMMUNITY HEALTH FOUNDATION INITIATIVES

EIN: 270112979 501(c)(3) Philanthropy & Grantmaking

AUSTIN, TX

Total Revenue
$3,208,643
Total Expenses
$3,487,603
Total Assets
$28,532,637
Net Assets
$28,279,687
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
TX
Principal Officer
CARA ABAZARI
Phone
5128796600
Tax Period
2024-01-01 to 2024-12-31

ST DAVID'S COMMUNITY HEALTH FOUNDATION INITIATIVES, founded in 2004, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $28.3M represent 106 months of operating reserves.

Mission

ST DAVID'S COMMUNITY HEALTH FOUNDATION INITIATIVES ("INITIATIVES") PROVIDES SUPPORT FOR ST. DAVID'S FOUNDATION, ST, DAVID'S FOUNDATION COMMUNITY FUND, AND ST DAVID'S COMMUNITY HEALTH FOUNDATION HOLDINGS.

Program Service Accomplishments

Program 1
Expenses: $667,866 Revenue: $0

INITIATIVES PROVIDES SUPPORT FOR THE SCHOLARSHIP PROGRAM THAT IS CONDUCTED BY ST. DAVID'S FOUNDATION COMMUNITY FUND. THIS PROGRAM PROVIDES NEEDS-BASED COLLEGE SCHOLARSHIPS FOR STUDENTS PURSUING...

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INITIATIVES PROVIDES SUPPORT FOR THE SCHOLARSHIP PROGRAM THAT IS CONDUCTED BY ST. DAVID'S FOUNDATION COMMUNITY FUND. THIS PROGRAM PROVIDES NEEDS-BASED COLLEGE SCHOLARSHIPS FOR STUDENTS PURSUING HEALTHCARE CAREERS IN TEXAS.

Program 2
Expenses: $275,265 Revenue: $0

INITATIVES FUNDS A SERIES OF GARDENS IN THE COMMUNITY FOR SENIOR CITIZENS TO GARDEN AND FEEL A SENSE OF COMMUNITY. BY NURTURING CONNECTIONS BETWEEN THE NATURAL ENVIRONMENT, MEANINGFUL ACTIVITY, THE...

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INITATIVES FUNDS A SERIES OF GARDENS IN THE COMMUNITY FOR SENIOR CITIZENS TO GARDEN AND FEEL A SENSE OF COMMUNITY. BY NURTURING CONNECTIONS BETWEEN THE NATURAL ENVIRONMENT, MEANINGFUL ACTIVITY, THE BOUNTY OF WORK AND PERSONAL RELATIONSHIPS, GARDENS AND GARDENING ENHANCE THE AGING EXPERIENCE. AGINGWELL HAS FORGED THESE CONNECTIONS THROUGH OUR GARDEN PROGRAM, WHICH HAS FLOURISHED SINCE 2012. TO DATE, WE HAVE REPURPOSED SPACES AROUND THE COMMUNITY FOR OLDER ADULTS TO GARDEN AT 11 LOCATIONS. EACH SITE HAS A FULLY FUNCTIONING PRODUCE GARDEN AND A GARDEN CLUB THAT TENDS THEM. OUR PARTNERSHIP WITH RESOLUTION GARDENS HAS ENABLED AGINGWELL TO CREATE A SUSTAINABLE PROGRAM THAT PROVIDES JOY AND NOURISHMENT.

Program 3
Expenses: $0 Revenue: $0

INITIATIVES OWNS THE BUILDING THAT HOUSES ALL OF ITS RELATED ORGANIZATIONS AND LEASES SPACE TO SUCH ORGANIZATIONS. EXPENSES TO OPERATE THE BUILDING HAVE BEEN CODED TO MANAGEMENT AND GENERAL IN PART...

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INITIATIVES OWNS THE BUILDING THAT HOUSES ALL OF ITS RELATED ORGANIZATIONS AND LEASES SPACE TO SUCH ORGANIZATIONS. EXPENSES TO OPERATE THE BUILDING HAVE BEEN CODED TO MANAGEMENT AND GENERAL IN PART IX SO THEY HAVE NOT BEEN INCLUDED ABOVE.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $935,604
Other Revenue $2,273,039
TOTAL REVENUE $3,208,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $784,335
Fundraising Expenses $362,081
Program Expenses $943,131
Other Expenses $2,703,268
TOTAL EXPENSES $3,487,603

Year-over-Year Comparison

2024 2023 Change
Revenue $3,208,643 $4,099,334 -0.2%
Expenses $3,487,603 $3,130,213 +0.1%
Net Income $-278,960 $969,121 -1.3%
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
3
Independent Members
N/A
Employees
6
Volunteers
N/A

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
4
$1,280,386
Total Directors
3
$793,821
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARA ABAZARI PRESIDENT 39.00
Officer Director
$251,715 $48,965 $300,680
TAYLOR GUTIERREZ SECRETARY 10.00
Officer Director
$98,545 $39,445 $137,990
JULIAN HUERTA VP OF COMMUNITY PROGRAMS 10.00
Officer Director
$0 $52,333 $355,151
AMY VAUGHAN VICE PRESIDENT OF FINANCE 1.00
Officer
$0 $34,017 $486,565
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
2024 $3,208,643 $3,487,603 $28,532,637 $-278,960
2023 $4,099,334 $3,130,213 $29,008,174 $969,121
2022 $3,255,011 $3,105,727 $28,137,455 $149,284
2021 $2,942,176 $2,404,106 $27,867,184 $538,070
2020 $2,838,527 $2,623,348 $27,254,895 $215,179
2019 $3,196,689 $2,726,047 $27,056,330 $470,642
2018 $2,633,482 $2,296,920 $26,574,428 $336,562
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