OSF HEALTHCARE FOUNDATION Charity Report

Public IRS 990 nonprofit record

OSF HEALTHCARE FOUNDATION

EIN 37-1259284 · Health Support (E60)

What they do

OSF Healthcare Foundations Mission is to Develop and Implement Fund Raising Strategies to Generate Contributions From The Public In Support of The Various Activities and Projects of OSF Healthcare System.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

112.30%of revenue went to mission work83.4% of expenses · Program services

17.58%of revenue went to fundraising13.1% of expenses

$125.36spent for every $100 of revenueSpending was higher than revenue this year.

4.73%of revenue went to management and office costs3.5% of expenses

$8.23in assets for every $1 spent this yearSome assets cannot be spent right away.

68.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $9,921,237 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $126,889 for THOMAS G HAMMERTON (PRESIDENT OSF HEALTHCARE FOUNDATION AND CHIEF DEVE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$36,428,313

Mission workProgram services$40,909,288112.30% of revenue83.4% of expenses

ManagementOffice and general costs$1,722,0464.73% of revenue3.5% of expenses

FundraisingAsking for donations$6,404,65517.58% of revenue13.1% of expenses

Total expenses$49,035,989134.61% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 83.4% mission · 3.5% management · 13.1% fundraisingTotal expenses: 134.61% of revenue

2022Expense mix: 73.1% mission · 5.3% management · 21.6% fundraisingTotal expenses: 104.21% of revenue

2021Expense mix: 66.6% mission · 6.5% management · 27.0% fundraisingTotal expenses: 70.38% of revenue

2020Expense mix: 74.1% mission · 4.6% management · 21.3% fundraisingTotal expenses: 68.43% of revenue

2019Expense mix: 62.1% mission · 6.8% management · 31.1% fundraisingTotal expenses: 74.65% of revenue

2018Expense mix: 52.2% mission · 10.0% management · 37.8% fundraisingTotal expenses: 28.48% of revenue

2017Expense mix: 76.9% mission · 5.0% management · 18.2% fundraisingTotal expenses: 97.58% of revenue

2016Expense mix: 57.6% mission · 7.9% management · 34.5% fundraisingTotal expenses: 64.26% of revenue

Money in and money out

Revenue$39,114,752

Expenses$49,035,989

Annual shortfall $9,921,237 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$40,909,288 · 83.4% of expenses

Management and office costs$1,722,046 · 3.5% of expenses

Fundraising$6,404,655 · 13.1% of expenses

See all reported dollar amounts

Revenue$39,114,752

Expenses$49,035,989

Assets$403,588,041

Income$99,144,674

Contributions$26,815,647

Mission work (program services)$40,909,288

Fundraising$6,404,655

Grants given$111,916,226

Average grant$18,652,704

Management and general$1,722,046

Stocks and bonds$342,867,398

Accounting fees$290

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

THOMAS G HAMMERTONPRESIDENT OSF HEALTHCARE FOUNDATION AND CHIEF DEVE · 40 hrs/week $126,889Base · Other $126,889

ROBERT C SEHRINGVICE CHAIRPERSON CHIEF EXECUTIVE OFFICER · 1 hrs/week $76,643Base · Other $76,643

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

THOMAS G HAMMERTONPRESIDENT OSF HEALTHCARE FOUNDATION AND CHIEF DEVE

ROBERT C SEHRINGVICE CHAIRPERSON CHIEF EXECUTIVE OFFICER

DIANE CULLINAN OBERHELMANBOARD MEMBER (THROUGH FEBRUARY 2024)

MARK KLEINEBOARD MEMBER

MATT VONACHENBOARD MEMBER

PATRICIA CUTILLETTABOARD MEMBER

SISTER AGNES JOSEPH WILLIAMS OSFASSISTANT SECRETARY AND TREASURER

SISTER DIANE MARIE MCGREW OSFTREASURER (THROUGH JUNE 2024)

SISTER JUDITH ANN DUVALL OSFCHAIRPERSON

SISTER M ANGELICA NEUMANN FSGMBOARD MEMBER (BEGINNING MARCH 2024)

SISTER M BEATA ZIEGLER FSGMBOARD MEMBER (BEGINNING MARCH 2024)

SISTER M MIKELA MEIDL FSGMBOARD MEMBER

SISTER ROSE THERESE MANN OSFBOARD MEMBER

SISTER THERESA ANN BRAZEAU OSFSECRETARY

About this charity

Recognized since: January 2014
Location: 124 SW ADAMS ST, PEORIA, IL 61602-1308
County: Peoria
In care of: % EMIEL J MICHELET
Primary officer: SISTER AGNES JOSEPH WILLIAMS OSF, CHAIRPERSON

How to reach them

WebsiteVisit the charity’s website Phone(309) 655-2850

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Health Support (E60)
IRS tax category: Health Support
Grant-giving organization: Yes