ST VINCENT HEALTHCARE FOUNDATION INC

EIN: 810468034 501(c)(3)

BILLINGS, MT

Total Revenue
$17,120,302
Total Expenses
$6,531,911
Total Assets
$87,669,538
Net Assets
$87,170,121
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MT
Principal Officer
TYLER WILTGEN
Phone
8018427851
Tax Period
2024-01-01 to 2024-12-31

ST VINCENT HEALTHCARE FOUNDATION INC, founded in 1990, is a mid-sized nonprofit that reported $17.1M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.6M, a strong 62% operating margin.

Mission

WE REVEAL AND FOSTER GOD'S HEALING LOVE BY IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Program Service Accomplishments

Program 1
Expenses: $4,880,576 Revenue: $0

ST. VINCENT HEALTHCARE FOUNDATION SUPPORTS A WIDE VARIETY OF ST. VINCENT HEALTHCARE SERVICES, OUTREACH PROGRAMS, AND COMMUNITY-BASED ORGANIZATIONS ALL FOCUSED ON ACCOMPLISHING OUR MISSION OF...

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ST. VINCENT HEALTHCARE FOUNDATION SUPPORTS A WIDE VARIETY OF ST. VINCENT HEALTHCARE SERVICES, OUTREACH PROGRAMS, AND COMMUNITY-BASED ORGANIZATIONS ALL FOCUSED ON ACCOMPLISHING OUR MISSION OF IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.THE FOUNDATION WORKS WITH THE HOSPITAL TO SUPPORT THE MONTANA PEDIATRICS PROJECT AND FOUNDED MONTANA'S FIRST PEDIATRIC INTENSIVE CARE UNIT (PICU) STAFFED 24/7 BY BOARD CERTIFIED PEDIATRIC INTENSIVISTS. THAT MEANS THAT NO MATTER THE TIME OF DAY OR NIGHT, A CRITICAL CARE SPECIALIST IS READY TO HELP YOUR CHILD. OUR DEDICATED PICU STAFF ALSO UTILIZE ELECTRONIC RECORDS AND TELEMEDICINE TO ADVISE PEDIATRICIANS THROUGHOUT THE REGION ON THE BEST COURSE OF TREATMENT FOR CHILDREN IN NEED OF CRITICAL CARE. ST. VINCENT HEALTHCARE FOUNDATION WAS PART OF THE SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM. ON APRIL 1, 2022, INTERMOUNTAIN HEALTH CARE, INC. AND SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM, INC. AFFILIATED, CREATING A MODEL HEALTH SYSTEM THAT PROVIDES HIGH-QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTHCARE TO COMMUNITIES IN UTAH, IDAHO, NEVADA, COLORADO, MONTANA, AND WYOMING. THE ORGANIZATION EMPLOYS MORE THAN 68,000 CAREGIVERS, OPERATES 33 HOSPITALS (INCLUDING ONE VIRTUAL HOSPITAL), AND RUNS HUNDREDS OF CLINICS, WHILE PROVIDING HEALTH INSURANCE TO OVER ONE MILLION PEOPLE IN UTAH, IDAHO AND NEVADA.AS PART OF INTERMOUNTAIN HEALTHCARE, ST. VINCENT HEALTHCARE FOUNDATION HAS DIRECT ACCESS TO BEST PRACTICES, RESOURCES, TECHNOLOGY, TALENT AND STRATEGIC CAPITAL.THE FOUNDATION GRANTS DIVISION APPLIES FOR AND ADMINISTERS FEDERAL AND STATE GRANTS THAT OPERATE OUT OF THE HOSPITAL. THE GRANTS HAVE HELPED WITH TELEMEDICINE, ELDER CARE, PEDIATRICS, TRAINING AND OTHER PROGRAMS. ST. VINCENT HEALTHCARE FOUNDATION PROVIDES AND MANAGES THE FOLLOWING GRANT FUNDS IN SUPPORT OF THE HEALTHCARE NEEDS OF THE COMMUNITY.PEDIATRIC SURGEON - F MARS GIFTDESIGNATED FOR RECRUITMENT AND FUNDING OF FORMING THE PEDIATRIC SURGEON PROGRAM INCLUDING SALARY AND OTHER OPERATIONAL COSTS FOR THE PROGRAM.NELLES NURSES SCHOLARSHIP ENDOWMENTFOR THE FURTHERING OF EDUCATION OF INDIVIDUALS IN THE NURSING PROFESSION.MOTHER / NEWBORN OBSTETRICSDESIGNATED FOR THE LABOR AND DELIVERY AND MOTHER/NEWBORN AREA OF THE HOSPITAL. FUNDS WILL PROVIDE UPDATED INFRASTRUCTURE AND EQUIPMENT FOR BIRTHING SUITES AND PATIENT ROOMS.BUILDING CAPITAL FUNDFUNDS DESIGNATED TO SUPPORT CAPITAL BUILDING REQUESTS FROM ST. VINCENT HEALTHCARE.SPIRITUAL CARE ENDOWMENTTO PROVIDE OPERATIONAL SUPPORT FOR EXPENSES INCURRED THROUGH THE SPIRITUAL CARE DEPARTMENT INCLUDING STAFF SALARIES.MEADOWLARK HOUSETHE MEADOWLARK HOUSE PROVIDES FREE HOUSING FOR CANCER PATIENTS UNDERGOING CANCER TREATMENT 4 OR MORE DAYS A WEEK. THIS FUND IS USED TO SUPPORT THE OPERATIONAL EXPENSES OF THE HOMES.MONTANA PEDIATRICS PROJECT TO PROVIDE SUPPORT FOR THE MONTANA PEDIATRIC PROJECT, WHICH INCLUDES BUT IS NOT LIMITED TO: ASSISTANCE TO FAMILIES WITH HOSPITALIZED CHILDREN, THE COST OF NECESSARY EQUIPMENT, TRANSPORTATION, LODGING, PEDIATRIC INTENSIVE CARE TRAINING, OUTREACH, AND THE REMODELING NEEDS OF THE PEDIATRIC INTENSIVE CARE UNIT.CHAPEL/PASTORAL CAREDESIGNATED FOR EXPENSES INCURRED IN THE SPIRITUAL CARE DEPARTMENT.CANCER CARE GREATEST NEEDS ENDOWMENTSUPPORTING THE GREATEST NEED FOR CANCER RELATED SERVICES INCLUDING PATIENT COMPASSION REQUESTS, EQUIPMENT NEEDS AND STAFF EDUCATION.DR. T. JOHNSON MEDICAL SCHOLARSHIP ENDOWMENTTO ADVANCE RURAL MEDICINE BY PROVIDING SCHOLARSHIPS TO EDUCATE AND TRAIN MEDICAL STUDENTS OR MEDICAL RESIDENTS FROM MONTANA WHO ARE PURSUING FAMILY PRACTICE MEDICINE AND/OR ORTHOPEDIC MEDICINE AND HAVE A STRONG COMMITMENT TO SERVING RURAL COMMUNITIES.MONTANA PEDIATRICS PROJECT - PICUTO FINANCIALLY SUPPORT THE PEDIATRIC INTENSIVE CARE UNIT AT ST. VINCENT HEALTHCARE AS NEEDS ARE IDENTIFIED. USED FOR EQUIPMENT, STAFF DEVELOPMENT, TRAINING, OUTREACH, AND REMODELING NEEDS.EMPLOYEE ASSISTANCE FUNDESTABLISHED THROUGH OUR CARING SPIRIT CAMPAIGN, FUNDS ARE USED TO SUPPORT ASSOCIATES EXPERIENCING A CRISIS EVENT IN THEIR LIFE. APPLICANTS MUST BE EMPLOYED WITH ST. VINCENT FOR 6 MONTHS OR MORE TO BE ELIGIBLE AND APPLICATIONS ARE VETTED THROUGH THE CARING SPIRIT LEADERSHIP COMMITTEE. ASSOCIATES DO NOT RECEIVE FUNDS DIRECTLY; PAYMENTS ARE MADE DIRECTLY TO A MORTGAGE COMPANY, UTILITY COMPANY, ETC. TO ENSURE COMPLIANCE WITH TAXABLE INCOME REPORTING.THE FOUNDATION IS COMMITTED TO:WORKING TO IDENTIFY OPPORTUNITIES TO IMPROVE HEALTHCARE AND COMMUNICATING THOSE OPPORTUNITIES TO THOSE WHO MAY BE ABLE TO RESPOND. SHARING A SPECIAL CONCERN FOR THOSE WHO LACK HEALTHCARE AND FOR THOSE WHO ARE POOR. SUPPORTING BASIC HEALTHCARE PROGRAMS TO ASSURE THE WELL-BEING OF COMMUNITY MEMBERS OF ALL AGES. HELPING BUILD VIBRANT COMMUNITIES KNOWN FOR HEALTHY LIVING OPPORTUNITIES. ADVANCING AND SUPPORTING MEDICAL PRACTICE, RESEARCH, AND OUTREACH. STRENGTHENING HEALTHCARE BY RECOGNIZING AND REWARDING OUTSTANDING EMPLOYEES AND ASSOCIATES, BY EXPANDING THEIR PROFESSIONAL LEADERSHIP AND POLICY INFLUENCE, AND BY ENCOURAGING TALENTED PEOPLE TO BECOME HEALTHCARE PROFESSIONALS. STIMULATING CREATIVITY AND PRODUCTIVITY AMONG HEALTHCARE LEADERS. FOSTERING THE INVOLVEMENT OF THE BROAD COMMUNITY IN THE MINISTRY OF ST. VINCENT HEALTHCARE. ST. VINCENT HEALTHCARE FOUNDATION HOSTS SEVERAL ANNUAL FUNDRAISING EVENTS DURING THE YEAR: FORTIN MEMORIAL MEN'S GOLF TOURNAMENTRAISES FUNDS TO SUPPORT ST. VINCENT CHILDREN'S HEALTHCARE. PROCEEDS MAKE IT POSSIBLE TO CARE FOR CRITICALLY ILL AND INJURED CHILDREN. MARYNELL HERINGER WOMEN'S GOLF TOURNAMENTRAISES FUNDS TO SUPPORT WOMEN'S AND CHILDREN'S SERVICES. SAINTS BALLRAISES FUNDS TO ENHANCE AND EXPAND THE NEUROLOGY DEPARTMENT AT ST. VINCENT HEALTHCARE. SCHOLARSHIPSST. VINCENT HEALTHCARE FOUNDATION IS COMMITTED TO THE MISSION, VISION AND CORE VALUES OF ST. VINCENT HEALTHCARE. IN HONOR OF TIM GILMORE, DR. THOMAS JOHNSON, RALPH NELLES, DR. ROBERT SNIDER, ST. VINCENT HEALTHCARE VOLUNTEERS AND OTHER GENEROUS DONORS, WE OFFER A NUMBER OF SCHOLARSHIP OPPORTUNITIES TO STUDENTS PURSUING HEALTHCARE CAREERS.- GILMORE NURSING SCHOLARSHIP- THE NELLES NURSE SCHOLARSHIP- THOMAS R. JOHNSON, M.D. MEDICAL SCHOLARSHIP- ROBERT SNIDER, M.D. MEDICAL SCHOLARSHIP- HEALTHCARE CAREER SCHOLARSHIPS- ST. VINCENT HEALTHCARE FOUNDATION MEMORIAL SCHOLARSHIP

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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 $11,695,048
Program Service Revenue $0
Investment Income $5,497,058
Other Revenue $-71,804
TOTAL REVENUE $17,120,302

Expense Breakdown

Grants Paid $3,856,809
Salaries & Benefits $826,819
Fundraising Expenses $562,157
Program Expenses $4,880,576
Other Expenses $1,848,283
TOTAL EXPENSES $6,531,911

Year-over-Year Comparison

2024 2023 Change
Revenue $17,120,302 $9,580,506 +0.8%
Expenses $6,531,911 $9,148,134 -0.3%
Net Income $10,588,391 $432,372 +23.5%
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
10
Independent Members
8
Employees
N/A
Volunteers
80

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
$726,052
Total Directors
10
$658,637
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTEN RUDOLPH MD VICE CHAIR 1.00
Officer Director
$0 $56,446 $436,865
TYLER WILTGEN EXECUTIVE DIR FOUNDATION 50.00
Officer
$0 $85,022 $289,187
NEAL SORENSEN MD TRUSTEE (PARTIAL) 1.00
Director
$0 $23,994 $221,772
SCOTT ASPENLIEDER TRUSTEE 1.00
Director
$0 $0 $0
JEN BENNETT TRUSTEE 1.00
Director
$0 $0 $0
KELLY EDWARDS TRUSTEE 1.00
Director
$0 $0 $0
KATIE EDWARDS TRUSTEE 1.00
Director
$0 $0 $0
BARRY MCKENZIE MD TRUSTEE 1.00
Director
$0 $0 $0
LYNETTE SCOTT SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JOSHUA SOARES TRUSTEE (PARTIAL) 1.00
Director
$0 $0 $0
LIONEL TAPIA MD CHAIR 1.00
Officer 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
2024 $17,120,302 $6,531,911 $87,669,538 $10,588,391
2023 $9,580,506 $9,148,134 $75,999,513 $432,372
2022 $11,003,405 $11,926,922 $68,494,615 $-923,517
2021 $8,266,509 $7,971,222 $88,857,513 $295,287
2020 $6,965,883 $6,514,218 $77,813,011 $451,665
2019 $8,296,710 $5,247,809 $72,707,653 $3,048,901
2018 $10,852,282 $11,124,209 $65,452,338 $-271,927
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