PLATINUM2023

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC Subordinate

aka The Seton Fund   |   Austin, TX   |  https://setonfund.org/
GuideStar Charity Check

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

EIN: 74-2212968  Subordinate info


Mission

Rooted in the loving ministry of Jesus as healer, we commit ourselves to serving all persons with special attention to those who are poor and vulnerable. Our Catholic health ministry is dedicated to spiritually-centered, holistic care which sustains and improves the health of individuals and communities. We are advocates for a compassionate and just society through our actions and our words. All services are provided without regard to religious beliefs or other discriminating factors. The Seton Fund works with our philanthropic community to support Ascension Seton’s Central Austin adult facilities, including Dell Seton Medical Center at The University of Texas, Ascension Seton Medical Center Austin, and Seton Shoal Creek Hospital.

Ruling year info

1946

Executive Director

Mr Joel Rice

Main address

1206 W. 38th Street Suite 4200

Austin, TX 78705 USA

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EIN

74-2212968

Subject area info

Health

Hospital care

Population served info

Adolescents

Adults

Seniors

Families

Economically disadvantaged people

Show more populations served

NTEE code info

Hospitals and Primary Medical Care Facilities (E20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is not required to file an annual return with the IRS because it is a church.

Tax forms

Communication

Blog

Affiliations

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What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Ascension Seton Medical Center Austin

Austin’s largest medical/surgical acute care center, Seton Medical Center Austin is the only hospital in Central Texas that performs heart transplants.

Ascension Seton Medical Center Austin offers comprehensive diagnostic and treatment services for both inpatients and outpatients and regional specialty programs including the Seton Heart Specialty Care and Transplant Center, Seton Infusion Center and the Marialice Shivers Regional Neonatal Center.

Ascension Seton Medical Center Austin was also one of the first two hospitals in Texas to receive certification as a Primary Stroke Center.

Ascension Seton Medical Center is ranked the #1 hospital in Austin and is the region’s largest medical facility.

Population(s) Served
Adults
Adolescents
Pregnant people
People with diseases and illnesses

Dell Seton Medical Center at The University of Texas (Dell Seton) anchors an exciting new downtown health district, adjacent to the Dell Medical School and research facilities.

This Level I Trauma Center and teaching hospital represents a vibrant partnership between a nonprofit healthcare system, a tier one research university, and a local county health district – all joining forces to reimagine the way healthcare is delivered.

Dell Seton Medical Center at The University of Texas is the only adult Level 1 Trauma Center serving an 11-county Central Texas area. It is also the safety net hospital for Travis County, serving community members who often have the greatest needs and least resources.

Population(s) Served
Adults
Economically disadvantaged people

For more than 40 years, Ascension Seton has been caring for adults and seniors who may be experiencing emotional or substance abuse difficulties. Inpatient services at Shoal Creek Hospital include intensive psychiatric stabilization for patients dealing with emotional crises, depression, and drug/alcohol dependence.

Our licensed staff is on call 24 hours a day to address the mental health needs of patients and their families. The hospital also facilitates a wide range of support groups that meet on a regular basis.

Population(s) Served
Adults
Seniors
Substance abusers

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of pregnant women giving birth at a health facility

This metric is no longer tracked.
Totals By Year
Population(s) Served

Pregnant people

Related Program

Ascension Seton Medical Center Austin

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Newborn births for each fiscal year

Number of patient visits

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Children and youth

Related Program

Ascension Seton Medical Center Austin

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Total hospital visits

Total number of client emergency room visits

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth, Adults

Related Program

Dell Seton Medical Center at The University of Texas

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 FY21 Consolidated Ascension Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

4.68

Average of 3.21 over 9 years

Months of cash in 2020 info

SOURCE: IRS Form 990

4.8

Average of 1.6 over 9 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

0%

Average of 17% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation -$4,053,522 $6,151,088 -$2,013,366 $1,475,873 $155,186
As % of expenses -27.1% 33.8% -11.6% 7.8% 1.3%
Unrestricted surplus (deficit) after depreciation -$4,060,326 $6,151,088 -$2,013,366 $1,475,873 $155,186
As % of expenses -27.1% 33.8% -11.6% 7.8% 1.3%
Revenue composition info
Total revenue (unrestricted & restricted) $11,545,754 $11,752,935 $10,019,467 $15,086,819 $10,354,229
Total revenue, % change over prior year 0.0% 1.8% -14.7% 50.6% -31.4%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.3% 3.4% 8.4% 16.0% 20.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 99.9% 96.6% 85.5% 82.5% 75.9%
Other revenue -0.2% 0.0% 6.1% 1.5% 4.1%
Expense composition info
Total expenses before depreciation $14,968,004 $18,206,473 $17,399,192 $18,847,414 $12,359,658
Total expenses, % change over prior year -5.9% 21.6% -4.4% 8.3% -34.4%
Personnel 15.9% 9.5% 8.3% 0.0% 0.0%
Professional fees 0.9% 0.9% 0.2% 0.0% 0.0%
Occupancy 0.5% 0.3% 0.0% 0.1% 0.1%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 78.8% 82.8% 85.0% 89.8% 92.4%
All other expenses 3.9% 6.6% 6.6% 10.1% 7.5%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $14,974,808 $18,206,473 $17,399,192 $18,847,414 $12,359,658
One month of savings $1,247,334 $1,517,206 $1,449,933 $1,570,618 $1,029,972
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $16,222,142 $19,723,679 $18,849,125 $20,418,032 $13,389,630

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 0.7 0.3 0.7 0.9 4.8
Months of cash and investments 62.8 54.4 57.8 53.6 80.6
Months of estimated liquid unrestricted net assets -7.2 -1.9 -3.4 -2.2 -3.1
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $849,248 $419,535 $953,985 $1,335,678 $4,898,323
Investments $77,445,202 $82,053,485 $82,828,744 $82,904,335 $78,137,067
Receivables $7,007,520 $5,384,175 $3,437,096 $2,942,846 $1,565,934
Gross land, buildings, equipment (LBE) $73,000 $73,000 $73,000 $73,000 $73,000
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 27.9% 20.1% 22.2% 21.0% 20.9%
Unrestricted net assets -$8,928,209 -$2,777,121 -$4,790,487 -$3,314,614 -$3,159,428
Temporarily restricted net assets $50,273,584 $53,028,862 $52,600,711 $51,957,549 N/A
Permanently restricted net assets $20,183,891 $20,024,490 $20,122,476 $20,246,424 N/A
Total restricted net assets $70,457,475 $73,053,352 $72,723,187 $72,203,973 $70,095,751
Total net assets $61,529,266 $70,276,231 $67,932,700 $68,889,359 $66,936,323

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Mr Joel Rice

Number of employees

Source: IRS Form 990

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

SETON FUND OF THE DAUGHTERS OF CHARITY OF ST VINCENT DE PAUL INC

Board of directors
as of 01/27/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Mr. Andrew Morgan

Venture Philanthropy Opportunities


Board co-chair

Ms. Pam Giblin

Vice-Chairman

Edward Moody

Treasurer

Edvin Beasley

Stream Realty Partners, LP

Laura Beuerleain

Heritage Title Company

Clifford Chiu

Vista Equity Partners

Meredith Delk

Magellan Health

Taylor Harper

Community Leader

Chuck Lipscomb

JE Dunn Construction

John Menchaca

Enoch Kever

John Minter

Austin Growth Capital LLC

Timothy Mooney

Lead Commercial

Sam Roberts

Emergency Service Partners, LP

Mary Abell

Life Trustee

Robert Askew, MD

Life Trustee

Carolyn Curtis

Life Trustee

Charmaine Denius

Life Trustee

Andrew Elliott, Jr.

Life Trustee

Luci Johnson

Life Trustee

Bishop John McCarthy (dec)

Life Trustee

Sister Mary Rose McPhee, DC

Life Trustee

Pat Oles

Life Trustee

Allan Shivers, Jr (dec)

Life Trustee

Will Matthews

Truist

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 1/20/2023

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

We do not display disability information for organizations with fewer than 15 staff.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.