NonprofitsConcordia Lutheran Ministriesfoundation

Health Care

Concordia Lutheran Ministriesfoundation

CABOT, PA

Total revenue

$23.3M

Total expenses

$15.5M

Net assets

$263.6M

Grants received

$90.6M

39 grants

EIN

205138266

Tax year

2023

Mission

The organization's primary exempt purpose is to raise and receive funds in furtherance of the mission and purposes of affiliate 501(c)(3) organizations and to provide support for community 501(c)(3) organizations through Angel Tear Ministries.

Programs

3 programs

The Angel Tear Ministries Fund was established for the purpose of assisting third-party 501(c)(3) organizations to better serve both domestic and foreign communities through Christ-centered programs that provide food, housing, education, and medical care to underserved and underprivileged children and families. Nearly 100 organizations were assisted during fiscal year 2023 including missions supported in over 30 countries and 15 churches. These grants include the funding of care to 1,404 children in Kenya and Ethiopia who have primarily been affected by the AIDs epidemic through Compassion International. Closer to home, the funds are used by organizations to operate soup kitchens, homeless shelters, afterschool programs, and ministry programs. Additionally, assisting those affected by natural disasters has been a core tenant of the organizations mission and the organization has donated to countless organizations to assist in recover effects after natural disasters. The Angel Tears Program houses a $100,000 discretionary fund that is used to help local area organizations and families with fundraising and/or hardship situations. Donations of $5,886 were received to the Angel Tear Ministries Fund.

Expenses: $1.9MGrants: $1.9M

The Good Samaritan Endowment Fund was established to assist Concordia in fulfilling its charitable mission by helping supplement the organization to allow for more benevolent care for residents with financial needs due to the exhaustion of funds. The fund has been supported through gifts from Concordia, gifts from gracious patients and their family members, and by gifts from the employees of Concordia. $355,196 in donations were received and restricted to the Good Samaritan Endowment Fund during the fiscal year. Concordia has a philosophy of providing care to residents regardless of their ability to pay and provided $1,351,888 in benevolent care in fiscal year 2024. The recipients of charity care reside in all levels of care and include residents served in skilled nursing, personal care, and independent living. In its nearly 140-year history, the organization has never discharged a resident for an in ability to pay. Concordia views benevolent care as a core tenant of its mission and would provide charity care even if the fund did not exist; but due to the support of the fund, Concordia can provide significantly more care to those in need compared to if the entire shortfall due to the benevolent care had to be offset with excesses from other operations.

Expenses: $486KGrants: $486K

The Concordia Lutheran Ministries Foundation Scholars Program assists deserving employees of all affiliates system-wide in reaching their educational goals. The employee scholarship program encompasses several different groups of students. The Concordia Lutheran Ministries Foundation Scholars Program also has a secondary component that targets schools based on our geographical "footprint" in relation to Concordia facilities. This program awards scholarships both on academic achievements and financial need to graduating seniors matriculating at an undergraduate institution to pursue a degree in a healthcare-related field. The organization also donates to outside organizations through the Stephen W Johnson Mission Award (SWJ Award) .The SWJ Award recognizes employees who exemplify the values of Concordia's mission through their everyday life. The award is Concordia's highest employee honor given in memory of the late Mr. Johnson who was a steward of compassion and spent countless hours supporting and preserving Concordia's mission. The winners are awarded funds to donate to the charity of their choice.

Expenses: $156KGrants: $35K

Financials

FY 2023

Revenue

Contributions & grants$10.9M
Program service revenue$752K
Investment income$11.6M
Other revenue
Total revenue$23.3M

Expenses

Grants paid$14.6M
Salaries & benefits
Fundraising$235K
Other expenses$898K
Total expenses$15.5M
Total assets$264.2M
Net assets$263.6M

People

14 listed

NameRoleCompensation

Keith Frndak-See Schedule O

Chair/President

Board

1 hrs/wk

Brian Hortert-See Schedule O

Board Member

Board

1 hrs/wk

Michael Falbo-See Schedule O

Secretary/Treasurer

Board

1 hrs/wk

Tammy Young-See Schedule O

Board Member

Board

1 hrs/wk

Misty Ingram-See Schedule O

Board Member

Board

1 hrs/wk

Conor Hagey-See Schedule O

Board Member

Board

1 hrs/wk

Adam Toncini-See Schedule O

Board Member

Board

1 hrs/wk

Tim Temple-See Schedule O

Board Member

Board

1 hrs/wk

Rev Ronald Breight

Board Member

Board

1 hrs/wk

Rande Casaday

Board Member

Board

1 hrs/wk

Don Olmstead

Board Member

Board

1 hrs/wk

Robert Schmidt

Board Member

Board

1 hrs/wk

Jim Wolf

Board Member

Board

1 hrs/wk

Rev Jamison Hardy

Board Member

Board

1 hrs/wk

Independent contractors

SEI Private Trust Company

Investment management fees

$304K

Grants received

Showing 39 of 39

FromAmountPurposeYear
$3.3M
General support donation to be used to further the mission and carry out the purpose of the affiliated 501(c)(3) organizations.
2023
$2.5M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affilaites.
2023
$2M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2023
$1.5M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2023
$600K
Funds to be used to fund mission of Concordia Lutheran Ministries.
2023
$500K
2023
$60K
Supports the Good Samaritan Endowment Fund which provides benevolent care for residents with financial needs due to the exhaustion of funds.
2023
$50
Matching Gifts
2023
$6.5M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2022
$1.8M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2022
$1.1M
General Support donation to be used to further the mission of Concordia and carry out the purpose of the affiliated 501(c)(3) organizations by supporting other non-profits.
2022
$600K
FUNDS TO BE USED TO FUND MISSION OF CONCORDIA LUTHERAN MINISTRIES.
2022
$500K
2022
$100K
Good Samaritan Endowment Fund donation to be used to further the mission of Concordia by helping supplement the organization and allow for more benevolent care for residents with financial needs due to the exhaustion of funds.
2022
$7M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2021
$2.6M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2021
$2M
To raise and receive funds for the furtherance of the mission and purposes of affiliated 501(c)(3) orgs
2021
$1.0M
General Support donation to be used to further the mission of Concordia and carry out the purpose of the affiliated 501(c)(3) organizations by supporting other non-profits.
2021
$600K
FUNDS TO BE USED TO FUND MISSION OF CONCORDIA LUTHERAN MINISTRIES.
2021
$500K
2021
$20K
Good Samaritan Endowment Fund donation to be used to further the mission of Concordia by helping supplement the organization to allow for more benevolent care for residents with financial needs due to the exhaustion of funds.
2021
$11.3M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2020
$3.4M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2020
$800K
FUNDS TO BE USED TO FUND MISSION OF CONCORDIA LUTHERAN MINISTRIES.
2020
$500K
General Support donation to be used to further the mission of Concordia and carry out the purpose of the affiliated 501(c)(3) organizations by supporting other non-profits.
2020
$25K
Good Samaritan Endowment Fund donation to be used to further the mission of Concordia by helping supplement the organization to allow for more benevolent care for residents with financial needs due to exhaustion of funds.
2020
$5.5M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2019
$1.7M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2019
$800K
Funds to be used to fund mission of Concordia Lutheran Ministries.
2019
$450K
General Support donation to be used to further the mission of Concordia and carry out the purpose of the affiliated 501(c)(3) organizations by supporting other non-profits.
2019
$9.8M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2018
$7.0M
Concordia Lutheran Ministries Foundation supports a substantial amount of non-profit organizations by providing gifts and grants to these non-profit organizations to support their individual missions.
2018
$2.3M
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2018
$7.8M
Donation to further the mission and corporate promise of Concordia Lutheran Ministries (EIN 20-5138278) and its affiliates.
2017
$2.3M
Concordia Lutheran Ministries Foundation supports a substantial amount of non-profit organizations by providing gifts and grants to these non-profit organizations to support their individual missions.
2017
$749K
FUNDS TO BE USED TO FUND MISSION OF CONCORDIA LUTHERAN MINISTRIES.
2017
$500K
The grants are used to further the charitable mission of Concordia Lutheran Ministries Foundation.
2017

Funded by

$90.6M from 9 funders · 39 grants · 2017–2023

Concordia Lutheran Health And Human Care

$50.4M · 7 grants · 2017–2023

Rebecca Residence

$13.7M · 7 grants · 2017–2023

Concordia Lutheran Ministries Of Pittsburgh

$13.3M · 4 grants · 2017–2023

Concordia Care Network

$6.3M · 5 grants · 2019–2023

Concordia Of Monroeville

$4.1M · 6 grants · 2017–2023

Concordia Of Ohio

$2.5M · 4 grants · 2020–2023

Concordia Medical Equipment

$205K · 4 grants · 2020–2023

National Philanthropic Trust

$10K · 1 grant · 2017

Details

EIN205138266
NTEE codeE11
Subsection03
Ruling date2006-12
Formed2006
Employees0
Volunteers46
CONCORDIA LUTHERAN MINISTRIESFOUNDATION — Mission, Financials & Grants Received | Grantivo