THE FOUNDATION FOR THE CENTER FOR HOSPICE AND PALLIATIVE CARE INC

EIN: 300433147 501(c)(3) Philanthropy & Grantmaking

MISHAWAKA, IN

Total Revenue
$5,965,968
Total Expenses
$4,230,069
Total Assets
$64,300,213
Net Assets
$36,760,974
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IN
Principal Officer
KARL HOLDERMAN
Phone
5742433100
Tax Period
2025-01-01 to 2025-12-31

THE FOUNDATION FOR THE CENTER FOR HOSPICE AND PALLIATIVE CARE INC, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.0M in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.7M, a strong 29% operating margin.

Mission

THE MISSION OF THE HOSPICE FOUNDATION (FOUNDATION) IS TO RAISE PHILANTHROPIC DOLLARS FOR THE BENEFIT OF THE CENTER FOR HOSPICE CARE (CHC) FOR THE PURPOSE OF SUPPORTING AND PROMOTING THE MISSION, VISION, AND STANDARDS OF CHC AND GLOBAL PARTNERS IN CARE. THIS INCLUDES THE PROVISION OF COMPASSIONATE QUALITY CARE FOR PEOPLE WITH INCURABLE LIFE-LIMITING ILLNESSES AND THEIR FAMILIES. THE FOUNDATION ALSO PROMOTES AND SUPPORTS EDUCATIONAL PROGRAMS AND PROGRAMS DESIGNED TO PROVIDE ASSISTANCE RELATED TO END-OF-LIFE CARE AND THE NEEDS OF THESE PATIENTS AND THEIR FAMILIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,715,770
Program Service Revenue $0
Investment Income $2,279,713
Other Revenue $-29,515
TOTAL REVENUE $5,965,968

Expense Breakdown

Grants Paid $365,249
Salaries & Benefits $1,475,793
Fundraising Expenses $689,426
Program Expenses $2,102,607
Other Expenses $2,389,027
TOTAL EXPENSES $4,230,069

Year-over-Year Comparison

2025 2024 Change
Revenue $5,965,968 $10,821,243 -0.4%
Expenses $4,230,069 $4,615,381 -0.1%
Net Income $1,735,899 $6,205,862 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
50

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
3
$853,511
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE KRILL SECRETARY 0.00
Director
$0 $0 $0
DALE PATTERSON MD TREASURER 0.00
Director
$0 $0 $0
ANDY MURRAY VICE CHAIR 0.00
Director
$0 $0 $0
KEVIN MURPHY CHAIR 0.00
Director
$0 $0 $0
MICHAEL WARGO VP/COO 5.00
Officer
$34,353 $7,025 $236,033
KARL HOLDERMAN VP/CFO 5.00
Officer
$30,591 $6,828 $210,766
JOHN MASTROJOHN III PRESIDENT & CEO 5.00
Officer
$59,660 $8,980 $406,712
CHRISTOPHER TAELMAN CHIEF DEVELOPMENT OFFICER 40.00
Highest
$122,817 $5,777 $128,594
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 $5,965,968 $4,230,069 $64,300,213 $1,735,899
2024 $10,821,243 $4,615,381 $60,537,146 $6,205,862
2023 $3,063,122 $4,338,835 $63,838,596 $-1,275,713
2022 $4,184,255 $3,705,264 $64,069,565 $478,991
2021 $5,568,028 $3,180,571 $68,538,084 $2,387,457
2020 $3,448,713 $3,115,238 $60,714,202 $333,475
2019 $3,972,149 $3,030,416 $57,342,322 $941,733
2018 $3,001,039 $2,671,236 $44,578,403 $329,803
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