St David's Foundation FY2021 filing

Tax-deductible

Austin, TX501(c)(3)Since 1924HospitalsEIN 74-1356589Revenue $176.7M in FY2021

On file with the IRSstdavidsfoundation.org1303 San Antonio St Ste 500, 78701-0025 · Austin, TXTax-exempt since Jan 1964Hospital or medical research org — 170(b)(1)(A)(iii)

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The mission of St. David's Foundation is to help improve the health and well-being of our most underserved central texas neighbors in our five-county area using our resources to reduce health inequity, increase access to healthcare focusing on the whole person through integrated care, and support the communities we serve in taking an active role in their health and healthcare needs.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$3.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $83.6M a year · 47% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.2M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$60.1M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$176.7M
+30% vs prior year
Spent
$100.6M
To programs
94%
Net assets
$1.6B
By yearFY2020–FY2024
Revenue
$176.7M
FY2021▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$135.5M
FY2021$176.7M
FY2022$177.6M
FY2023$187.7M
FY2024$217.5M
Expenses
$100.6M
FY2021▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2020$77.5M
FY2021$100.6M
FY2022$90.4M
FY2023$97.1M
FY2024$111.4M
Net assets
$1.6B
FY2021▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3B
FY2021$1.6B
FY2022$1.5B
FY2023$1.7B
FY2024$1.9B

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $94.2M Management & general 6% · $6.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

31 people listed on the 990; $3.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$578,066Pt VII · Sec A
Exec VP and General Counsel
$374,158Pt VII · Sec A
VP of Evaluation & Strategic Learning
$250,990Pt VII · Sec A
Chief Info and Infrastructure Officer
$229,781Pt VII · Sec A
Vice President
$227,796Pt VII · Sec A
$210,986Pt VII · Sec A
Chief Dental Officer
$207,637Pt VII · Sec A
Chief Communications Officer
$186,511Pt VII · Sec A

Edward B Burger’s $598K as President & CEO is at the 27th percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Edward B Burger$598,281$595,526$578,066$457,823
Fernando X Pena$454,357$430,406$374,158$361,705
Amy Vaughan$365,528$343,947$210,986$184,271
Regan Gruber Moffitt$307,496$291,062$69,708—
William Buster to 11120———$280,252
Shailee Gupta$270,043$252,530$207,637$208,118
Julian Huerta$265,067$224,464——
Rebecca Pastner——$250,990$185,397

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See St David's Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides healthcare services, operates hospitals, and funds community programs to improve health equity and access for underserved residents in Central Texas.

Provided by the organization

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3 programs · $94.2M · in their own filed words · FY2021
01

The reporting organization provides grants and corresponding program services to community organizations and indigent adults with the purpose of improving access to health care in central texas.

$86.3Mprogram expense
02

The reporting organization provides free dental care for low income children through title 1 schools and for indigent adults in central texas who have no other access to services. This service is provided with fully equipped mobile dental clinics that are taken to the schools and safety-net agencies where the adults are located.

$7.9Mprogram expense
03

The reporting organization controls hospitals dedicated to serving central texas under the community benefit standard and the affordable care act. ST. David's healthcare partnership includes hospitals, free-standing emergency rooms, ambulatory care centers, and urgent care centers.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 926 grants · $396.7M · 2020–2023
Lone Star Circle of CareTX · FY2023$11,044,000
Peoples Community Clinic INCTX · FY2023$6,668,344
Foundation Communities INCTX · FY2023$6,080,718
Youth and Family AllianceTX · FY2023$3,126,637
United Way for Greater AustinTX · FY2023$2,243,708
Austin Community Foundation INCTX · FY2023$2,000,000
Meals on Wheels and More INCTX · FY2023$1,879,200
Family Eldercare INCTX · FY2023$1,600,262
Texas Department of AgricultureFY2023$1,499,497
Unitemized GrantFY2023$1,282,950
The Safe AllianceTX · FY2023$1,085,432
Austin Groups for the ElderlyTX · FY2023$992,250
See all 926 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$176.7M
Ln 12
Fees for servicesLn 2g$174.1M
Investment incomeLn 3$2.6M
Gifts and grantsLn 1h$34K
Money outPt IX
$100.6M
Ln 25
Programscol B$94.2M
Managementcol C$6.4M
Owns and owesPt X
$1.6B
net assets · Ln 32
Cash and savingsLn 1–2$99.3M
Total assetsLn 16$1.6B
LiabilitiesLn 26$60.1M
PeoplePt VI, VII
31
listed · VII A
PaidVII A14
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$34K
Fees for servicesLn 2g$174.1M
Investment incomeLn 3$2.6M
Other incomeLn 4–11$6K
Total revenueLn 12$176.7M
Assets in detailPt X, end of year
CashLn 1$100
SavingsLn 2$99.3M
Cash and savings togetherLn 1–2$99.3M
InvestmentsLn 11–13$1.48B
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$87K
Total assetsLn 16$1.6B
LiabilitiesLn 26$60.1M
Net assetsLn 32$1.6B
OperationsPt I, VI
EmployeesI 593
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$31.9M$99.3M
InvestmentsLn 11–13$1.29B$1.48B
Land, buildings, equipmentLn 10c$3.9M$3.6M
Total assetsLn 16$1.37B$1.64B
LiabilitiesLn 26$26.0M$60.1M
Net assetsLn 32$1.34B$1.58B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$81.0M$81.0M
Grants to domestic individualsLn 2$1.0M$1.0M
Pay of current officers, directors and key staffLn 5$2.5M$796K$1.7M
Other salaries and wagesLn 7$6.7M$5.1M$1.7M
Pension plan contributionsLn 8$354K$271K$83K
Other employee benefitsLn 9$1.6M$1.2M$374K
Payroll taxesLn 10$533K$355K$178K
Legal feesLn 11b$185K$4K$180K
Accounting feesLn 11c$97K$97K
Investment management feesLn 11f$424K$424K
Other fees for servicesLn 11g$1.5M$723K$744K
Office expensesLn 13$407K$212K$194K
Information technologyLn 14$465K$253K$212K
OccupancyLn 16$1.1M$812K$247K
TravelLn 17$149K$143K$5K
Conferences, conventions and meetingsLn 19$37K$20K$17K
Depreciation, depletion and amortizationLn 22$708K$557K$151K
InsuranceLn 23$381K$124K$256K
Other expenses (24a–d)Ln 24$1.6M$1.4M$148K
All other expensesLn 24e−$90K$288K−$378K
Total functional expensesLn 25$100.6M$94.2M$6.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $217.5M$111.4M$106.1M$1.9B 990 PDF
FY2023 $187.7M$97.1M$90.6M$1.7B 990 PDF
FY2022 $177.6M$90.4M$87.1M$1.5B 990 PDF
FY2021 Viewing $176.7M$100.6M$76.1M$1.6B 990 PDF
FY2020 $135.5M$77.5M$58.0M$1.3B 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $176,704,014 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $56,693$34,370
I-9 Program service revenuePrior year $132,670,000$174,084,000
I-10 Investment incomePrior year $2,761,256$2,579,529
I-11 Other revenuePrior year $17,870$6,115
I-12 Total revenuePrior year $135,505,819$176,704,014
I-13 Grants and similar amounts paidPrior year $59,212,800$81,988,450
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,556,311$11,740,584
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,750,528$6,867,387
I-18 Total expensesPrior year $77,519,639$100,596,421
I-19 Revenue less expensesPrior year $57,986,180$76,107,593
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $176,704,014 across 6 lines filed
VIII-1f All other contributions, gifts and grants$34,370
VIII-1h Total contributions, gifts and grants$34,370
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $174,084,000$174,084,000
VIII-3 Investment incomeUnrelated business $1,121,646 · Excluded from tax $1,457,883$2,579,529
VIII-5 RoyaltiesExcluded from tax $6,115$6,115
VIII-12 Total revenueRelated to mission $174,084,000 · Unrelated business $1,121,646 · Excluded from tax $1,463,998$176,704,014
Part IX · Statement of functional expenses $100,596,421 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $80,979,445$80,979,445
IX-2 Grants to domestic individualsPrograms $1,009,005$1,009,005
IX-5 Pay of current officers, directors and key staffPrograms $795,821 · Management $1,748,795$2,544,616
IX-7 Other salaries and wagesPrograms $5,063,430 · Management $1,686,238$6,749,668
IX-8 Pension plan contributionsPrograms $270,799 · Management $83,076$353,875
IX-9 Other employee benefitsPrograms $1,185,949 · Management $373,955$1,559,904
IX-10 Payroll taxesPrograms $354,725 · Management $177,796$532,521
IX-11b Legal feesPrograms $4,345 · Management $180,254$184,599
IX-11c Accounting feesManagement $97,380$97,380
IX-11f Investment management feesManagement $424,258$424,258
IX-11g Other fees for servicesPrograms $722,562 · Management $743,827$1,466,389
IX-13 Office expensesPrograms $212,487 · Management $194,351$406,838
IX-14 Information technologyPrograms $252,941 · Management $212,174$465,115
IX-16 OccupancyPrograms $812,463 · Management $247,278$1,059,741
IX-17 TravelPrograms $143,424 · Management $5,105$148,529
IX-19 Conferences, conventions and meetingsPrograms $19,560 · Management $17,075$36,635
IX-22 Depreciation, depletion and amortizationPrograms $556,960 · Management $151,276$708,236
IX-23 InsurancePrograms $124,378 · Management $256,451$380,829
IX-24 Other expenses (24a–d)Programs $1,429,899 · Management $148,489$1,578,388
IX-24e All other expensesPrograms $288,261 · Management −$377,811−$89,550
IX-25 Total functional expensesPrograms $94,226,454 · Management $6,369,967 · Fundraising $0$100,596,421
Part X · Balance sheet $1,636,591,026 assets, 17 lines filed
Asset lines not itemized here account for $54,977,377; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $100$100
X-2 Savings and temporary cash investmentsStart of year $31,893,128$99,302,359
X-9 Prepaid expenses and deferred chargesStart of year $2,665,341$2,552,051
X-10c Land, buildings and equipment, netStart of year $3,884,922$3,561,576
X-11 Publicly traded securitiesStart of year $178,020,743$176,066,272
X-12 Other securitiesStart of year $705,732,131$897,787,617
X-13 Program-related investmentsStart of year $404,680,567$402,257,067
X-15 Other assetsStart of year $0$86,607
X-16 Total assetsStart of year $1,369,818,366$1,636,591,026
X-17 Accounts payable and accrued expensesStart of year $1,733,927$1,905,551
X-18 Grants payableStart of year $24,076,070$58,215,378
X-25 Other liabilitiesStart of year $168,394$0
X-26 Total liabilitiesStart of year $25,978,391$60,120,929
X-27 Net assets without donor restrictionsStart of year $1,341,206,719$1,573,836,683
X-28 Net assets with donor restrictionsStart of year $2,633,256$2,633,414
X-32 Total net assets or fund balancesStart of year $1,343,839,975$1,576,470,097
X-33 Total liabilities and net assetsStart of year $1,369,818,366$1,636,591,026
Part XI · Reconciliation of net assets $1,576,470,097 net assets at year end
XI-1 Total revenue$176,704,014
XI-2 Total expenses$100,596,421
XI-3 Revenue less expenses$76,107,593
XI-4 Net assets at start of year$1,343,839,975
XI-5 Net unrealized gains (losses) on investments$156,522,529
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,576,470,097

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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