EIN 51-0188568

Sarasota Memorial Healthcare Foundation (SMHF)

IRS 501(c) type
501(c)(3)
Num. employees
13
State
Year formed
1976
Most recent tax filings
2023-09-01
Description
Sarasota Memorial Healthcare Foundation is a not-for-profit organization with the mission to improve the delivery of healthcare for the Sarasota area through the acquisition and utilization of philanthropic funds. They are an independent organization founded to raise & distribute philanthropic funds to help improve quality of healthcare in Sarasota. Sarasota Memorial Healthcare Foundation will become the demonstrated leader in strategically focused fund raising efforts. This will be accomplished through creative and innovative efforts that will become the hallmarks of the Foundation.
Total revenues
$18,368,153
2023
Total expenses
$9,389,378
2023
Total assets
$139,004,778
2023
Num. employees
13
2023

Program areas at SMHF

Grants to Sarasota county public hospital board, Sarasota Memorial hospital and other not-for-profit Healthcare organizations in Sarasota county for research, patient care and other needs with programs that will improve efficiency, effectiveness, patient safety, availability and advocacy of Healthcare in an environment of well being for over 1.7m inpatient and outpatient/physician visits per year. The only hospital in Florida to receive the highest 5-star quality rating from the centers for medicare and medicaid in all reporting periods since the program began in 2016.
Grants to Sarasota county public hospital board, Sarasota Memorial hospital for professional and community education programs representing continuing medical and professional education, professional certification and ongoing educational programs for over 10,000 employees. Sarasota Memorial hospital is one of just 1% of u.s. Hospitals to earn magnet nursing recognition-the highest honor for nursing excellence-five times.
Grants to Sarasota county public hospital board, Sarasota Memorial hospital for facilities, and equipment that will provide the most advanced, state-of-the -art treatments and the highest quality of care and comfort. Named one of the world's best hospitals 2019-2024 by newsweek magazine. Smh nursing & rehabilitation center named a top nursing home by u.s. news 2024. Ranked among 50 best hospitals in the nation for specialized rehabilitation care and obstetrics/gynology; and as a top performer in 18 conditions/procedures by u.s. news 2023/2024.
Educational publication and symposia for the dissemination of health care news and information to medical professionals and the community.

Grants made by SMHF

GranteeGrant descriptionAmount
Centerplace HealthBehavioral Healthcare Program Expansion$50,000
Compeer of the Gulf CoastTraining for Mental Health Volunteers$25,000
Child Protection Center (CPC)Child Health and Safety$25,000

Who funds Sarasota Memorial Healthcare Foundation (SMHF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Brian and Sheila Jellison Family FoundationTo Support the Construction of the SMH Cancer Institute$5,010,000
Gulf Coast Community FoundationHealth$1,435,773
Schwab Charitable FundHealth$1,223,500
...and 65 more grants received totalling $12,318,146

Personnel at SMHF

NameTitleCompensation
Patricia MahlerDirector of Communications$140,279
Sally A SchuleDirector of Community Enga$165,338
Craig A MoranDirector of Development$168,554
Stacey CorleyPresident$61,654
Joel MorganrothTreasurer$0
...and 16 more key personnel

Financials for SMHF

RevenuesFYE 09/2023
Total grants, contributions, etc.$14,347,314
Program services$0
Investment income and dividends$2,574,136
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-347,806
Net income from fundraising events$1,683,076
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$111,433
Total revenues$18,368,153

Form 990s for SMHF

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-08-04990View PDF
2019-092020-10-22990View PDF
...and 9 more Form 990s
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
September 22, 2024
Updated personnel
Identified 3 new personnel
August 25, 2024
Received grants
Identified 35 new grant, including a grant for $1,435,773 from Gulf Coast Community Foundation
May 18, 2024
Received grants
Identified 13 new grant, including a grant for $5,010,000 from Brian and Sheila Jellison Family Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1515 S Osprey Ave B4
Sarasota, FL 34239
Metro area
North Port-Sarasota-Bradenton, FL
County
Sarasota County, FL
Website URL
smhf.org/ 
Phone
(941) 917-1286
IRS details
EIN
51-0188568
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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