Presbyterian Healthcare Foundation
Presbyterian Healthcare Foundation reported $14.2 million in revenue and $14.2 million in expenses for calendar year 2024. Of every $100 it spent, $73.98 went to program services, $16.17 to management and general costs and $9.85 to fundraising. Its largest source of revenue was contributions and grants: 57.1% of the total. The highest compensation it reported for one person was $2,188,823 (DIRECTOR). Revenue rose 52% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.2% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.9% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 57.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,188,823 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 15.46% | 1.34% |
| People paid over $100,000 Part VII, line 2 | Not reported | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 112.4 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 22 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseProgram service activity #1 the Presbyterian Healthcare advanced learning lab (hall), a 25,200-square-foot facility at the presbyterian rev. Hugh cooper administrative center, was completed in 2024. The foundation contributed $3.3 million toward the $6 million construction cost. The hall is an innovative learning environment where healthcare workers can learn new skills and refine current skills. The hall will also help to train the next generation of healthcare workers. The facility features eight simulation areas; new technology, including augmented and virtual reality, patient simulators…
Program service activity #2 the presbyterian nursing career pathways program was launched in partnership with unitek learning, parent company of brookline college, in 2024. The program provides accelerated bachelor of science in nursing (bsn) and licensed practical nurse (lpn) degree programs for presbyterian employees interested in nursing careers. The foundation funded organizational expenses for the first bsn and lpn cohorts ($720,000 for rn to bsn launch, $190,000 for lpn launch). Pathways is projected to produce an estimated 40 lpn and 70 bsn graduates each year, helping to fill…
Program service activity #3 the presbyterian community health food farmacy, a referral-based food pantry, was funded entirely with philanthropy in 2024. The program served 752 patients at two locations, where participants received weekly produce, nutrition education and access to community resources to improve their health. Foundation funding for the food farmacy and other community health programs totaled $779,403 in 2024
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $2,154,457 | $34,366 | $2,188,823 |
| EX-OFFICIO DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $1,308,015 | $137,828 | $1,445,843 |
| PRESIDENT Officer, 40.0 hrs/week | $0 | $446,957 | $54,577 | $501,534 |
| DIRECTOR, EX OFFICIO Director/trustee, 1.0 hrs/week | $0 | $10,000 | $0 | $10,000 |
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b22 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 6260
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Fionta Incorporated Software migration | $0 |
| Drury Hotels Conference Space | $0 |
| Albuquerque Convention Center Conference Space / Catering | $0 |
Individuals listed as contractors are left out.
Private foundation grants it received
15 private foundations reported grants to Presbyterian Healthcare Foundation totaling $581K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Presbyterian Healthcare Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Presbyterian Healthcare Foundation, you can publish a response that is linked from this page.
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Of every $100 Presbyterian Healthcare Foundation spent in 2024, $73.98 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Presbyterian Healthcare Foundation's spending goes to programs?
In calendar year 2024, Presbyterian Healthcare Foundation reported that 74.0% of its $14.2 million in expenses went to program services, 16.2% to management and general and 9.9% to fundraising (Form 990, Part IX).
How much does Presbyterian Healthcare Foundation pay its top executive?
The largest total compensation Presbyterian Healthcare Foundation reported for one person in calendar year 2024 was $2,188,823, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Presbyterian Healthcare Foundation get its money?
Of $14.2 million in revenue in calendar year 2024, 57.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Presbyterian Healthcare Foundation a registered charity?
The IRS lists EIN 85-6016041 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503209349300195 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443199349315574 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313189349319461 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349303779 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349316362 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033189349311733 · read the filing
All filings for EIN 85-6016041: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.