Jefferson Memorial Foundation Inc in Cincinnati, Ohio (OH)

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Jefferson Memorial Foundation Inc
Employer Identification Number (EIN)621660666
Name of OrganizationJefferson Memorial Foundation Inc
Address615 Elsinore Place, Cincinnati, OH 45202-1459
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization, Educational Organization
Ruling Date05/1997
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$10,000,000 to $49,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$22,686,786
Amount of Income$386,528
Form 990 Revenue Amount$386,528
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Single Organization Support


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Amount of income in 2011: $386,528
This organization: 

 $386,528
Other organizations performing similar types of work: 

 $6,088,020

Assets in 2011: $22,686,786
This organization: 

 $22,686,786
Other organizations performing similar types of work: 

 $26,323,448

Expenses in 2011: $313,428
This organization: 

 $313,428
Other organizations performing similar types of work: 

 $1,941,347

Income to expenses ratio in 2011: 1.2
Jefferson Memorial Foundation Inc: 

 1.2
Other organizations performing similar types of work: 

 2.7

Expenses allocated to program services in 2007: 97.5%
This organization: 

 97.5%
Other organizations performing similar types of work: 

 84.3%

Grants share in income in 2011: 31.1%
This organization: 

 31.1%
Other organizations performing similar types of work: 

 18.7%

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$386,528
Contributions, Gifts, Grants and Other Similar Amounts$120,025
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$173,081
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$21,585
Gross amount from sales of assets other than inventory (Securities / Other)$21,585 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$21,585 / $0
Net income from fundraising events$71,837
Gross income from fundraising events$71,837
Less: direct expenses$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$313,428
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$313,428
Balance Sheet (for 2011)
Total assets$22,686,786
Total liabilities$11,256,404
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$11,256,404
Total net assets or fund balances$11,430,382
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020032004200520062007
Total revenue$627,452$522,780$1,453,107$1,437,515$1,580,890$1,764,007
Contributions, gifts, grants, and similar amounts received$31,828$33,163$545,237$561,682$569,808$514,994
Contributions to donor advised funds$0$0
Direct public support$31,732$33,163$45,237$61,682$69,808$14,994
Indirect public support$96$0$500,000$500,000$500,000$500,000
Government contributions (grants)$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0
Interest on savings and temporary cash investments$6,736$-316$8,295$239,949$320,012$819,814
Dividends and interest from securities$589,471$500,670$164,601$0$0$0
Net rental income or (loss)$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$735,169$626,942$678,714$412,341
Gross amount from sales of assets other than inventory$0$0$9,847,346$626,942$678,714$412,341
Less: cost or other basis and sales expenses$0$0$9,112,177$0$0$0
Net income or (loss) from special events and activities$-583$-10,737$-195$8,942$12,356$16,858
Gross revenue$6,613$0$10,139$19,584$22,542$27,002
Less: direct expenses other than fundraising expenses$7,196$10,737$10,334$10,642$10,186$10,144
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0
Total expenses$289,488$63,316$479,311$487,504$486,259$396,803
Program services$283,489$63,316$479,064$485,975$482,396$386,731
Management and general$2,852$0$247$1,529$3,863$10,072
Fundraising$3,147$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0
Net assets or fund balances at end of year$7,641,422$8,548,638$9,490,568$10,313,688$11,416,220$12,412,424
Excess or (deficit) for the year$337,964$459,464$973,796$950,011$1,094,631$1,367,204
Net assets or fund balances at beginning of year$7,444,201$6,345,797$8,548,638$9,490,568$10,313,688$11,416,220
Other changes in net assets or fund balances$-140,743$1,743,377$-31,866$-126,891$7,901$-371,000
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$396,803$386,731$10,072$0
Grants paid from donor advised funds$0
Other grants and allocations$61,438
Specific assistance to individuals$292,597
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$10,968$8,774$2,194$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$1,898$0$1,898$0
Legal fees$0$0$0$0
Supplies$17$14$3$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$412$330$82$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$29,473$23,578$5,895$0
Balance Sheets
200020032004200520062007
Total assets$7,658,134$8,599,987$9,929,701$10,356,030$11,889,970$13,221,338
Cash - non-interest-bearing$76,919$38,180$89,837$38,874$51,206$25,466
Savings and temporary cash investments$0$0$24,788$0$0$0
Accounts receivable less allowance for doubtful accounts$0$0$1,320$4,230$18,655$13,578
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0
Investments - publicly-traded securities$11,820,109$13,182,294
Investments - other securities$7,581,215$8,561,807$9,813,756$10,312,926$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0
Other assets, including program-related investments$0$0$0$0$0$0
Total liabilities$16,712$51,349$439,133$42,342$473,750$808,914
Accounts payable and accrued expenses$16,712$51,349$439,133$42,342$473,750$808,914
Grants payable$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0
Total liabilities and net assets/fund balances$7,658,134$8,599,987$9,929,701$10,356,030$11,889,970$13,221,338
Total net assets or fund balances$7,641,422$8,548,638$9,490,568$10,313,688$11,416,220$12,412,424
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020032004200520062007
Total revenue$627,452$522,780$0$0$0$0
Total revenue, gains, and other support per audited financial statements$634,648$533,517$0$0$0$0
Other expenses$7,196$10,737$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0
Other$7,196$10,737$0$0$0$0
Other revenue$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020032004200520062007
Total expenses$289,488$63,316$0$0$0$0
Total expenses and losses per audited financial statements$296,684$74,053$0$0$0$0
Other revenue$7,196$10,737$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0
Losses$0$0$0$0$0$0
Other$7,196$10,737$0$0$0$0
Other expenses$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0
Other$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings9
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,249,013$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$819,814$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$412,341$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$16,858$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType III
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
621660663Jefferson Memorial Hospital IncYes$0
Total$0
Support Schedule
199920022003200420052006
Total$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0
Other income$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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2Promedica Foundation2142 N Cove Blvd, Toledo, OH 43606-3896OH1987-02$277,246,827
3St John Medical Center6935 Treeline Drive, Brecksville, OH 44141-3374OH1946-03$158,439,610
4Miami Valley Hospital Foundation110 N Main St, Dayton, OH 45402-1795OH1982-09$151,370,226
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6Bethesda Inc619 Oak Street - Accounting 3 West, Cincinnati, OH 45206OH1983-09$80,778,296
7Akron Childrens Hospital Foundation1 Perkins Sq, Akron, OH 44308-1063OH1971-08$62,650,874
8Convalescent Hospital For Children & Orphan Asylum3333 Burnet Ave, Cincinnati, OH 45229-3039OH1965-06$59,500,974
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Number of organizations performing similar types of work
Alaska1
Alabama5
Arkansas5
Arizona2
California36
Colorado8
Connecticut10
District of Columbia2
Delaware1
Florida18
Georgia5
Hawaii3
Iowa10
Idaho2
Illinois25
Indiana10
Kansas5
Kentucky4
Louisiana9
Massachusetts13
Maryland18
Maine6
Michigan12
Minnesota7
Missouri13
Mississippi3
North Carolina15
North Dakota1
Nebraska5
New Hampshire1
New Jersey14
New Mexico2
Nevada1
New York27
Ohio37
Oklahoma3
Oregon2
Pennsylvania30
Rhode Island9
South Carolina3
South Dakota2
Tennessee5
Texas22
Virginia18
Washington9
Wisconsin6
West Virginia5
Total450

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