St David's Foundation FY2022 filing

Tax-deductible

Austin, TX501(c)(3)Since 1924HospitalsEIN 74-1356589

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.
92¢ of each $1 spent went to programs.
$3.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.6M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 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
$49.7M
3% of total assets
Looks good: liabilities are 3% 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
$177.6M
+0.5% vs prior year
Spent
$90.4M
To programs
92%
Net assets
$1.5B
By yearFY2020–FY2024
Revenue
$177.6M
FY2022+0.5%
Revenue by fiscal year
FY2020$135.5M
FY2021$176.7M
FY2022$177.6M
FY2023$187.7M
FY2024$217.5M
Expenses
$90.4M
FY2022▼ -10%
Expenses by fiscal year
FY2020$77.5M
FY2021$100.6M
FY2022$90.4M
FY2023$97.1M
FY2024$111.4M
Net assets
$1.5B
FY2022▼ -3%
Net assets by fiscal year
FY2020$1.3B
FY2021$1.6B
FY2022$1.5B
FY2023$1.7B
FY2024$1.9B

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

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

92 cents of each dollar spent went to programs.

Program services 92% · $83.1M Management & general 8% · $7.3M

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

Who runs it and what they're paid

31 people listed on the 990; $3.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$595,526Pt VII · Sec A
EVP & General Counsel
$430,406Pt VII · Sec A
Vice President of Finance
$343,947Pt VII · Sec A
VP of Community Investments
$291,062Pt VII · Sec A
Chief Dental Officer
$252,530Pt VII · Sec A
Vice President of Investments
$236,406Pt VII · Sec A
VP of Community Prog (as of 01/2022)
$224,464Pt VII · Sec A
Director of Human Resources
$212,153Pt 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—
Edward B Burger———$457,823
Fernando X Pena$454,357$430,406$374,158—
Amy Vaughan$365,528$343,947$210,986—
Fernando X Pena———$361,705
Regan Gruber Moffitt$307,496$291,062$69,708—
William Buster to 11120———$280,252
Shailee Gupta$270,043$252,530$207,637—

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.

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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 program services account for $83.1M of program spending, described in the organization's own filed words · FY2022.
01

The foundation is actively involved in meeting the needs of indigent members of the community through grants for indigent primary care, mental health services, services for the elderly and grants for wellness programs. The foundation annually invests more than $70 million in grants to support community health and well-being.

$74.3Mprogram expense
02

The foundation's mobile dental program offers free dental care to children at title 1 elementary schools in central texas, as well as adults referred by area clinics. This is the largest mobile charity dental program in the COUNTRY.FROM august through may, the mobile dental program treats elementary school children who attend title I and…

$8.8Mprogram expense
03

The foundation 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

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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 FY2022 990, line by line.

1The main four
Money inPt VIII
$177.6M
Ln 12
Fees for servicesLn 2g$171.5M
Investment incomeLn 3$3.5M
Gifts and grantsLn 1h$2.5M
Money outPt IX
$90.4M
Ln 25
Programscol B$83.1M
Managementcol C$7.3M
Owns and owesPt X
$1.5B
net assets · Ln 32
Cash and savingsLn 1–2$66.2M
Total assetsLn 16$1.6B
LiabilitiesLn 26$49.7M
PeoplePt VI, VII
31
listed · VII A
PaidVII A15
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Noncash giftsLn 1g$23K
Fees for servicesLn 2g$171.5M
Investment incomeLn 3$3.5M
Other incomeLn 4–11$10K
Total revenueLn 12$177.6M
Assets in detailPt X, end of year
CashLn 1$100
SavingsLn 2$66.2M
Cash and savings togetherLn 1–2$66.2M
InvestmentsLn 11–13$1.46B
Land, buildings, equipmentLn 10c$2.9M
Other assetsLn 15$0
Total assetsLn 16$1.6B
LiabilitiesLn 26$49.7M
Net assetsLn 32$1.5B
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 FY22End FY22
Cash and savingsLn 1–2$99.3M$66.2M
InvestmentsLn 11–13$1.48B$1.46B
Land, buildings, equipmentLn 10c$3.6M$2.9M
Total assetsLn 16$1.64B$1.58B
LiabilitiesLn 26$60.1M$49.7M
Net assetsLn 32$1.58B$1.53B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$66.1M$66.1M
Grants to domestic individualsLn 2$1.3M$1.3M
Pay of current officers, directors and key staffLn 5$2.7M$834K$1.8M
Other salaries and wagesLn 7$7.4M$5.7M$1.7M
Pension plan contributionsLn 8$244K$161K$82K
Other employee benefitsLn 9$2.0M$1.5M$500K
Payroll taxesLn 10$664K$450K$214K
Legal feesLn 11b$145K$145K
Accounting feesLn 11c$108K$108K
Investment management feesLn 11f$763K$763K
Other fees for servicesLn 11g$3.1M$2.8M$358K
Office expensesLn 13$693K$348K$344K
Information technologyLn 14$543K$327K$215K
OccupancyLn 16$1.1M$823K$250K
TravelLn 17$126K$110K$16K
Conferences, conventions and meetingsLn 19$36K$19K$17K
Depreciation, depletion and amortizationLn 22$753K$604K$149K
InsuranceLn 23$449K$124K$325K
Other expenses (24a–d)Ln 24$1.9M$1.7M$191K
All other expensesLn 24e$397K$313K$83K
Total functional expensesLn 25$90.4M$83.1M$7.3M$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 Viewing $177.6M$90.4M$87.1M$1.5B 990 PDF
FY2021 $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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $177,563,370 across 7 lines filed
VIII-1f All other contributions, gifts and grants$2,509,487
VIII-1g Noncash contributions (included above)$23,495
VIII-1h Total contributions, gifts and grants$2,509,487
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $171,517,000$171,517,000
VIII-3 Investment incomeUnrelated business −$608,924 · Excluded from tax $4,136,097$3,527,173
VIII-5 RoyaltiesExcluded from tax $9,710$9,710
VIII-12 Total revenueRelated to mission $171,517,000 · Unrelated business −$608,924 · Excluded from tax $4,145,807$177,563,370
Part IX · Statement of functional expenses $90,424,512 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $66,061,930$66,061,930
IX-2 Grants to domestic individualsPrograms $1,262,230$1,262,230
IX-5 Pay of current officers, directors and key staffPrograms $833,562 · Management $1,831,731$2,665,293
IX-7 Other salaries and wagesPrograms $5,650,880 · Management $1,748,111$7,398,991
IX-8 Pension plan contributionsPrograms $161,176 · Management $82,471$243,647
IX-9 Other employee benefitsPrograms $1,516,489 · Management $500,293$2,016,782
IX-10 Payroll taxesPrograms $450,097 · Management $213,500$663,597
IX-11b Legal feesManagement $145,490$145,490
IX-11c Accounting feesManagement $107,586$107,586
IX-11f Investment management feesManagement $762,727$762,727
IX-11g Other fees for servicesPrograms $2,761,665 · Management $358,237$3,119,902
IX-13 Office expensesPrograms $348,327 · Management $344,319$692,646
IX-14 Information technologyPrograms $327,461 · Management $215,432$542,893
IX-16 OccupancyPrograms $822,774 · Management $250,321$1,073,095
IX-17 TravelPrograms $109,749 · Management $16,410$126,159
IX-19 Conferences, conventions and meetingsPrograms $19,406 · Management $16,569$35,975
IX-22 Depreciation, depletion and amortizationPrograms $603,985 · Management $149,429$753,414
IX-23 InsurancePrograms $123,890 · Management $324,884$448,774
IX-24 Other expenses (24a–d)Programs $1,715,991 · Management $190,830$1,906,821
IX-24e All other expensesPrograms $313,123 · Management $83,437$396,560
IX-25 Total functional expensesPrograms $83,082,735 · Management $7,341,777 · Fundraising $0$90,424,512
Part X · Balance sheet $1,583,128,037 assets, 17 lines filed
Asset lines not itemized here account for $51,373,197; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $100$100
X-2 Savings and temporary cash investmentsStart of year $99,302,359$66,153,401
X-9 Prepaid expenses and deferred chargesStart of year $2,552,051$2,625,137
X-10c Land, buildings and equipment, netStart of year $3,561,576$2,908,907
X-11 Publicly traded securitiesStart of year $176,066,272$156,810,088
X-12 Other securitiesStart of year $897,787,617$847,135,140
X-13 Program-related investmentsStart of year $402,257,067$456,122,067
X-15 Other assetsStart of year $86,607$0
X-16 Total assetsStart of year $1,636,591,026$1,583,128,037
X-17 Accounts payable and accrued expensesStart of year $1,905,551$12,213,275
X-18 Grants payableStart of year $58,215,378$37,521,135
X-25 Other liabilitiesStart of year $0$5,217
X-26 Total liabilitiesStart of year $60,120,929$49,739,627
X-27 Net assets without donor restrictionsStart of year $1,573,836,683$1,530,750,361
X-28 Net assets with donor restrictionsStart of year $2,633,414$2,638,049
X-32 Total net assets or fund balancesStart of year $1,576,470,097$1,533,388,410
X-33 Total liabilities and net assetsStart of year $1,636,591,026$1,583,128,037
Part XI · Reconciliation of net assets $1,533,388,410 net assets at year end
XI-1 Total revenue$177,563,370
XI-2 Total expenses$90,424,512
XI-3 Revenue less expenses$87,138,858
XI-4 Net assets at start of year$1,576,470,097
XI-5 Net unrealized gains (losses) on investments−$131,190,545
XI-9 Other changes in net assets$970,000
XI-10 Net assets at end of year$1,533,388,410

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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