The Internal Medicine Foundation of St Luke's Medical Center Inc
Nonprofit profile at a glance
- EIN
- 341873366
- IRS 990-PF coverage
- 2020–2020
- Forms available
- Form 990-PF 2020
- Location
- Mishawaka, IN, USA
- Phone
- 4407390443
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $6,994
- Expenses
- $55,006
Source: IRS Form 990-PF. Selected filing: tax year 2020. Amounts in USD.
Overview
Mission
Private Grantmaking Foundations
What it reported funding in 2020
The foundation reported 3 filed grant rows totaling $40,000. The stated grant purposes included to purchase ppe for staff, to support operations to combat recidivism, and to help fund additional facilities for homeless with addiction problems.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- Distribution model
- Grant intermediary. The foundation distributed 90% of its reported charitable disbursements as grants.
The verdict
MIXED - The filed numbers largely add up and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 73
- Transparency: 100
- Compliance: 100
- Endowment Health: 31
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 72.7%; rating input score 73; 44th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Foundation activity disclosures: 19 of 19 controls in place; rating input score 100
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Individual grants for travel, study or similar purposes: Pass
- Grants outside qualifying charitable organization categories: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 10.39; rating input score 31; 31st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 31th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Endowment Health: Endowment-health comparison scored 31/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.