ST VINCENT HOSPITAL FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Phone

3147338000

Tax Period

2024-07-01 to 2025-06-30

ST VINCENT HOSPITAL FOUNDATION INC, founded in 1968, is a mid-sized nonprofit in the Health Care sector that reported $25.4M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $41.1M exceeded revenue, resulting in a 62% operating deficit.

Mission

Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually centered, holistic care, which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words.

Program Service Accomplishments

Program 1

Expenses: $38,346,521 Revenue: $0

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO...

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. Founded in 1968, St. Vincent Indianapolis Foundation raises and stewards philanthropic contributions to support the Hospital's community programs, capital projects, and to enhance patient care, especially for the poor and vulnerable. Located on the main campus of Ascension St. Vincent Indianapolis Hospital, we support Ascension St. Vincent locations in Indianapolis, Carmel, and Fishers, including the Cardiovascular Research Institute and Peyton Manning Children's Hospital. Other St. Vincent Foundations in Indiana exist to support locations in Evansville, Kokomo, and Anderson.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,194,235

Program Service Revenue $0

Investment Income $12,533,683

Other Revenue $-315,687

TOTAL REVENUE $25,412,231

Expense Breakdown

Grants Paid $38,202,078

Salaries & Benefits $0

Fundraising Expenses $1,838,258

Program Expenses $38,346,521

Other Expenses $2,901,940

TOTAL EXPENSES $41,104,018

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,412,231	$18,297,016	+0.4%
Expenses	$41,104,018	$5,981,972	+5.9%
Net Income	$-15,691,787	$12,315,044	-2.3%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

161

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

$278,595

Total Directors

$2,375,403

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN ELIZABETH HAUPT	EX-OFFICIO/EXECUTIVE DIRECTOR	0.0	Officer Director	$0	$27,763	$278,595
JOHN MURPHY	CHAIR	1.0	Officer Director	$0	$0	$0
SCOTT BOVE	TREASURER	1.0	Officer Director	$0	$0	$0
SUSAN K MAISEL MD	SECRETARY	1.0	Officer Director	$0	$0	$0
ALLISON MELANGTON	DIRECTOR	1.0	Director	$0	$0	$0
CALI ESTES	DIRECTOR	1.0	Director	$0	$0	$0
DANIEL A PAROD	DIRECTOR	0.0	Director	$0	$61,974	$956,043
DAVE NEFF	DIRECTOR	1.0	Director	$0	$0	$0
FRANCHON STINGER	DIRECTOR	1.0	Director	$0	$0	$0
JASON SONDHI	DIRECTOR	1.0	Director	$0	$0	$0
JENNIFER SCHAEFER	DIRECTOR	1.0	Director	$0	$0	$0
JOE WEBSTER MD	DIRECTOR	1.0	Director	$0	$0	$0
JULIE CARPENTER	DIRECTOR	1.0	Director	$0	$0	$0
JULIE SULLIVAN SCHNIEDERS	DIRECTOR	0.0	Director	$0	$34,063	$307,279
KALEN JACKSON	DIRECTOR	1.0	Director	$0	$0	$0
KATHERINE MACKIN FISCHER RN	DIRECTOR	0.0	Director	$0	$24,123	$130,399
KATIE LUCAS	DIRECTOR	1.0	Director	$0	$0	$0
LINDA M CARROLL	DIRECTOR	0.0	Director	$0	$7,289	$62,514
MAX HITTLE	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL FRANK BUSK MD	DIRECTOR	0.0	Director	$0	$48,704	$640,573
NESSA HAMMAN	DIRECTOR	1.0	Director	$0	$0	$0
VINCENT C CAPONI	DIRECTOR	1.0	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	$25,412,231	$41,104,018	$191,385,988	$-15,691,787
2024	$18,297,016	$5,981,972	$200,511,761	$12,315,044
2023	$16,290,795	$10,564,271	$174,133,297	$5,726,524
2022	$26,478,220	$5,674,209	$155,837,770	$20,804,011
2021	$22,799,352	$5,397,766	$160,686,660	$17,401,586
2020	$12,384,230	$6,928,038	$126,602,486	$5,456,192
2019	$12,229,419	$8,862,476	$124,023,204	$3,366,943
2018	$22,209,598	$13,081,236	$117,063,157	$9,128,362