Overview
What is St Vincent Foundation Howard B Grobstein Liquidating Trustee?
St. Vincent Foundation Howard B Grobstein Liquidating Trustee was a nonprofit organization that was dedicated to supporting the philanthropic needs of St. Vincent Medical Center. They achieved this by securing funds through various means such as grants, special events, and donations. The organization aimed to enhance the capabilities and services offered by St. Vincent Medical Center, thereby benefitting the wider community. While the specifics of their operations are not provided, it can be inferred that they functioned by fostering partnerships and collaborations to raise funds for the medical center. The organization is currently undergoing a dissolution process, as indicated by the filing for relief under Chapter 11 of the United States Bankruptcy Code.
Is St Vincent Foundation Howard B Grobstein Liquidating Trustee legitimate?
St Vincent Foundation Howard B Grobstein Liquidating Trustee is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vincent Foundation Howard B Grobstein Liquidating Trustee 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
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What is the mission statement of St Vincent Foundation Howard B Grobstein Liquidating Trustee?
The St. Vincent Foundation, in its mission, aimed to foster partnerships to fulfill the philanthropic requirements of St. Vincent Medical Center. This was achieved by raising funds through various means such as grants, special events, and donations. The primary goal was to support the medical center's needs, thereby contributing to its overall well-being. However, due to a filing for relief under Chapter 11 of the United States Bankruptcy Code, the foundation ceased operations and is in the process of dissolution.
What is the revenue of St Vincent Foundation Howard B Grobstein Liquidating Trustee?
St Vincent Foundation Howard B Grobstein Liquidating Trustee's revenue in 2024 was $375,430.
Who are the executives of St Vincent Foundation Howard B Grobstein Liquidating Trustee and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Vincent Foundation Howard B Grobstein Liquidating Trustee?
St Vincent Foundation Howard B Grobstein Liquidating Trustee's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of St Vincent Foundation Howard B Grobstein Liquidating Trustee
St. Vincent Foundation, specifically the Howard B. Grobstein Liquidating Trustee, was established with a mission to support the philanthropic needs of St. Vincent Medical Center (SVMC). This nonprofit organization aimed to accomplish this mission by raising funds through various means, including grants, special events, and donations. The primary objective was to bolster SVMC's charitable endeavors, ensuring it could continue to provide essential services to its community. However, due to unforeseen circumstances, the St. Vincent Foundation Howard B. Grobstein Liquidating Trustee ceased operations following the filing for relief under Chapter 11 of the United States Bankruptcy Code. The entity is now in the process of winding down and dissolving.
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Impact
October, 2024
The St. Vincent Foundation Howard B. Grobstein Liquidating Trustee has played a crucial role in winding down operations that supported the philanthropic needs of St. Vincent Medical Center (SVMC). By developing partnerships and facilitating fundraising through grants, special events, and individual donations, the foundation contributed to the financial well-being of SVMC. However, following the filing for relief under Chapter 11 of the United States Bankruptcy Code, the foundation ceased operations and is now in the process of dissolving. This transition impacts both the funding available for SVMC and the community's access to resources that were previously supported by the foundation's efforts. The liquidating trustee’s responsibilities now focus on managing the dissolution process, ensuring that any remaining assets are appropriately distributed, and providing closure to the philanthropic initiatives that were once in place.
This information is meant to be a general summary of St Vincent Foundation Howard B Grobstein Liquidating Trustee. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $375,430
- Gross Receipts: $375,430
Assets and Liabilities:
- Total Assets: $3,244,030
- Total Liabilities: $0
- Net Assets: $3,244,030
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Organization Details
Founding Year
1983
Principal Officer
Howard B Grobstein
NTEE Category
Code: Z99 - Unknown
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