Edward Foundation

EIN: 363723705 501(c)(3)

NAPERVILLE, IL

Total Revenue
$2,491,920
Total Expenses
$522,774
Total Assets
$14,653,156
Net Assets
$14,354,742
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
IL
Phone
6305273000
Tax Period
2023-01-01 to 2023-12-31

Edward Foundation, founded in 1989, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 79% operating margin.

Mission

EDWARD FOUNDATION FOLLOWS THE MISSION OF ENDEAVOR HEALTH HEALTH (F/K/A NS-EE HOLDINGS). ON JANUARY 1, 2022, ENDEAVOR HEALTH BECAME THE SOLE CORPORATE MEMBER OF NORTHSHORE AND EDWARD-ELMHURST HEALTHCARE (EEH). THE MISSION OF ENDEAVOR HEALTH IS TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST." CENTRAL TO THIS MISSION IS A COMMITMENT TO PROVIDING CLINICAL PROGRAMS AND SERVICES THAT MEET COMMUNITY HEALTH NEEDS, WHILE ALSO PURSUING CONTINUOUS IMPROVEMENT TO IDENTIFY AND UNDERSTAND FUTURE NEEDS.

Program Service Accomplishments

Program 1
Expenses: $24,351

The Share Grief Counseling Fund - Each year thousands of families leave the hospital without their child-with empty arms, broken hearts and a love for their deceased child that will always remain...

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The Share Grief Counseling Fund - Each year thousands of families leave the hospital without their child-with empty arms, broken hearts and a love for their deceased child that will always remain. Edward-Elmhurst Health offers a perinatal bereavement program with a dedicated, multidisciplinary staff of nurses, social workers and chaplains. The team is trained to provide family support in the event of a perinatal loss. Families can also receive support through the Share program, a local and national organization that serves and supports those who are touched by the loss of a child through miscarriage, stillbirth or early infant death. Contributions to the Edward Foundation share program help fund support groups, counseling services, activities and events, education and bereavement training, resource and reference materials, special projects and program supplies-tools to help guide families through the grieving process.

Program 2
Expenses: $21,077

The Foundation funded the Care Center - a clinic for the diagnosis, treatment and legal documentation of sexually abused children. The Care Center is the only center of its kind in the region...

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The Foundation funded the Care Center - a clinic for the diagnosis, treatment and legal documentation of sexually abused children. The Care Center is the only center of its kind in the region, serving nine counties. The Care Center is committed to treating victims of sexual assault and stopping the cycle of abuse. Its purpose is threefold: restore a sense of dignity and well-being to the child, identify, investigate and treat any medical sign or symptom, and document findings and collect evidence that may be significant for legal proceedings and the prosecution of sexual predators. Its success is attributed to a unique combination of evidence-based and current medical treatment that is provided with the utmost compassion and sensitivity. The Care Center works with social service agencies as part of a continuum of care. The team also works with state's Attorneys' offices to assist in the successful prosecution of sexual predators. The Care Center's education and training services have become an invaluable resource to state agencies, social service organizations, schools and other hospitals. The Care Centers budgets service for 105 patients each year.

Program 3
Expenses: $18,435

The OB/Gynecology Fund - this fund assists, through the cradle club program, in honoring a child's birth. The funds provide assistance with state-of-the art technology and equipment. To support women...

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The OB/Gynecology Fund - this fund assists, through the cradle club program, in honoring a child's birth. The funds provide assistance with state-of-the art technology and equipment. To support women and children services in the community. As well as provide education and support services around the birthing journey.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,924,126
Program Service Revenue $0
Investment Income $850,542
Other Revenue $-282,748
TOTAL REVENUE $2,491,920

Expense Breakdown

Grants Paid $386,827
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $386,827
Other Expenses $135,947
TOTAL EXPENSES $522,774

Year-over-Year Comparison

2023 2022 Change
Revenue $2,491,920 $1,530,941 +0.6%
Expenses $522,774 $1,523,716 -0.7%
Net Income $1,969,146 $7,225 +271.5%
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
12
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$13,023,719
Total Directors
15
$1,935,201
Key Employees
1
$215,623
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Chair 1.0
Officer Director
$0 $0 $0
N/A President, Edward Hospital 1.0
Officer Director
$0 $91,920 $974,831
N/A Trustee 1.0
Director
$0 $45,230 $419,092
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $48,572 $541,278
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee (until 3/22/23) 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee (until 6/30/23) 1.0
Director
$0 $0 $0
N/A Trustee (until 4/20/23) 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A System Chief Legal Officer/Secretary (until 3/31/23) 1.0
Officer
$0 $156,204 $1,016,097
N/A CFO, South Region/Treasurer (until 12/15/23) 1.0
Officer
$0 $158,179 $1,494,552
N/A System Chief Financial Officer 1.0
Officer
$0 $284,165 $2,034,913
N/A System President & CEO 1.0
Officer
$0 $2,182,996 $6,283,528
N/A Assistant Treasurer 1.0
Officer
$0 $42,904 $518,034
N/A System Chief Legal Officer/Secretary 1.0
Officer
$0 $46,582 $701,764
N/A Executive Director, Edward Foundation 39.0
Key Emp
$0 $17,601 $215,623
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 No data No data No data No data
2023 $2,491,920 $522,774 $14,653,156 $1,969,146
2022 $1,530,941 $1,523,716 $11,814,979 $7,225
2021 $3,736,427 $272,412 $13,112,241 $3,464,015
2021 $2,496,643 $1,203,367 $11,548,356 $1,293,276
2020 $3,113,566 $2,079,096 $6,345,077 $1,034,470
2019 $3,102,834 $9,755,581 $6,890,370 $-6,652,747
2018 $2,764,743 $978,789 $13,641,544 $1,785,954
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