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The Blessing Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371128705 ✦ Quincy, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Blessing Foundation Inc?

The Blessing Foundation Inc, established in 1983, is a charitable, scientific, or educational organization based in Quincy, Illinois. Its primary purpose is to support and advance interests aligned with healthcare, education, and research. It accomplishes this by donating, loaning, or otherwise assisting organizations such as Blessing Hospital, Blessing Corporate Services, Inc., BlessingCare Corporation, or other eligible entities. The foundation raises funds from various sources, including the public, and uses them to support various programs. For instance, it provides financial aid for student nurses, funds for mobile health clinics, and supports initiatives like hospice and palliative care, faculty development, and research. The Blessing Foundation's mission is to contribute to the betterment of the Blessing Health System.


Official website here: www.blessinghealthsystem.org

Is The Blessing Foundation Inc legitimate?

The Blessing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Blessing Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.blessinghealthsystem.org

What is the mission statement of The Blessing Foundation Inc?

The Blessing Foundation, established in 1983, is primarily focused on raising, maintaining, and dispersing charitably donated funds for the benefit of Blessing Health System. The organization operates under the charitable, scientific, or educational umbrella, as defined by Section 501(C)(3) of the Internal Revenue Code. Its primary objective is to support various healthcare organizations, ensuring they adhere to the required tax-exempt status.

The foundation raises funds from various sources to aid organizations providing healthcare, conducting education, or carrying out research. Some of its notable expenditures include financial aid for student nurses, capital campaigns for Teresa Adams House, and resources for employee development at the Blessing-Rieman College of Nursing. Other initiatives include supporting a mobile health clinic, hospice and palliative care, crisis/caring club fund, and applied research for the college of nursing.

In essence, The Blessing Foundation's mission is to provide financial support to healthcare institutions and organizations engaged in education and research, thereby contributing to the betterment of healthcare services.


Official website here: www.blessinghealthsystem.org

Who is the CEO of The Blessing Foundation Inc?

Patrick M Gerveler is the Trustee of The Blessing Foundation Inc.


Official website here: www.blessinghealthsystem.org

What is the revenue of The Blessing Foundation Inc?

The Blessing Foundation Inc's revenue in 2022 was $7,576,833.


Official website here: www.blessinghealthsystem.org

Who are the executives of The Blessing Foundation Inc and what are their salaries?

There 12 volunteers at The Blessing Foundation Inc.


Here are 15 key members and their salaries:


Maureen A Kahn (Trustee)
  • Compensation: $0
  • Related: $1,783,418
  • Other: $231,327
Patrick M Gerveler (President)
  • Compensation: $0
  • Related: $676,198
  • Other: $133,260
Timothy A Moore (Treasurer/V.)
  • Compensation: $0
  • Related: $394,322
  • Other: $38,083
Mary Ann Dickson (Secretary)
  • Compensation: $0
  • Related: $187,158
  • Other: $29,276
Laura Gerdes Ehrhart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis J Hofmeister (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Flynn Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold W Bo Knapheide (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia A Meyer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kvitle Od (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold B 'Hal' Oakley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Rinella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott T Ruff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Spear (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Stratton (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blessinghealthsystem.org

Where can I find the form 990 for The Blessing Foundation Inc?

The Blessing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blessinghealthsystem.org

Learn more at the official website: www.blessinghealthsystem.org

Mission Statement of The Blessing Foundation Inc

The Blessing Foundation Inc, established in 1983, is a charitable organization that primarily raises, maintains, and disburses donated funds for the benefit of the Blessing Health System. Its mission is to support and promote the interests and purposes of various healthcare organizations and institutions that provide health care, education, or conduct research. The foundation raises funds from various sources to support these organizations, ensuring they have the necessary resources to carry out their operations effectively.

The Blessing Foundation Inc's activities are centered around promoting charitable, scientific, or educational causes. It supports organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code, either Section 509(a)(1) or 509(a)(2). The foundation has made significant contributions to various healthcare entities, including financial aid for student nurses, capital campaigns, mobile health clinics, and hospice and palliative care services. It also supports faculty and employee development, research, and student worker programs at the Blessing-Rieman College of Nursing.

In summary, The Blessing Foundation Inc is a philanthropic organization that plays a vital role in supporting healthcare institutions and educational programs. By raising and disbursing charitably donated funds, it enables these organizations to deliver high-quality healthcare services and conduct research, ultimately benefiting the communities they serve.

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Impact




October, 2024

The Blessing Foundation Inc. has been pivotal since its inception in 1983, significantly impacting health care and education in Quincy, Illinois. By raising, maintaining, and disbursing charitable funds, the Foundation directly benefits the Blessing Health System and affiliated organizations.

Over the years, it has supported various initiatives with a total investment surpassing $2.8 million. Key expenditures include significant financial aid for student nurses, ensuring the next generation of health care professionals is well-prepared to serve the community. The Foundation also contributed to vital projects such as the Teresa Adams House capital campaign, enhancing support for families in need, and funding mobile health clinics to increase access to care.

Additionally, the foundation has prioritized hospice and palliative care, showcasing a commitment to compassionate end-of-life support. The establishment of employee crisis funds and educational grants further reflects its dedication to the welfare of healthcare workers and students.

Through its diverse funding activities, The Blessing Foundation Inc. plays a crucial role in advancing health care services, supporting education, and facilitating vital research, ultimately improving the overall well-being of the Quincy community.




This information is meant to be a general summary of The Blessing Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,576,833 (2022)
Expenses
$4,416,979 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,424,893
  • Gross Receipts: $17,525,773

Assets and Liabilities:

  • Total Assets: $76,709,612
  • Total Liabilities: $32,636,453
  • Net Assets: $44,073,159

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Organization Details

Founding Year

1983

Principal Officer

Patrick M Gerveler

Main Address

PO BOX 7005, QUINCY, IL, 623057005

NTEE Category

Code: E110 - Health

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