2024-11-15T13:30:12-06:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-01-01 810459472 St John's Foundation STJO 4066555600 3940 Rimrock Rd Billings MT 591020199 Jerry Pearsall Vice President of Finance 4066555600 2024-11-13 1 1 Mayumi Stella P00970938 6122536500 2024-11-13 2023 2024-10-15 13:58:12Z David Trost 3940 Rimrock Rd Billings MT 591020199 1864273 0 X www.stjohnsunited.org/giving/about-the-foundation X 1989 MT To support the mission of St. John's Lutheran Ministries, Inc. 13 13 0 218 0 0 526749 970883 0 0 489148 701084 187779 181562 1203676 1853529 66540 58769 0 0 0 0 45000 20000 89311 282025 318223 393565 396992 810111 1456537 17257212 18818024 2891984 2534202 14365228 16283822 X Our mission is to inspire philanthropic action to support the mission of St. John's Lutheran Ministries, Inc. 0 0 186386 58769 The primary exempt purpose of St. John's Foundation is to generate and provide support, financial and otherwise, that furthers the mission and ministry of our corporate member, St. John's Lutheran Ministries, Inc., a not-for-profit 501(c)(3) corporation.Established in 1989, the purpose of St. John's Foundation is to bring focus to fund-raising efforts, special campaigns, annual appeals, capital structures, special events and community relations. These components have proven to be essential in serving to link the needs of the community of St. John's with internal and external resources.Continued on Schedule OSt. John's needs the financial support of those who share our vision of quality care to all people, regardless of their financial status. Underlying that commitment is our Lord's passion to care and serve those that are most in need. Through the prudent management of gifts, 2023 was a very successful year that allowed the Foundation to support the St. John's mission of "providing living opportunities within nurturing environments of hope, dignity, and love."Support to ResidentsAs a ministry of the church and a not-for-profit corporation, St. John's is committed to providing a continuum of housing opportunities and supportive services primarily to the elderly. St. John's has made a commitment that no one will be turned away or asked to leave because of inability to pay. We served 801 seniors on our campus here in Billings in 2023 and served an additional 1,508 seniors in outlying communities. Below are examples of that service and support.1) Many residents are exhausting their financial resources sooner than anticipated. The Annual Fund supports those residents who cannot meet their financial needs. In 2023, resident subsidies included:* $2,917 rent subsidy for Assisted Living residents,* $19,222 in subsidies for resident needs.2) Fundraising efforts starting in 2018 focused on an expected $8 million Endowment Campaign, the majority of which is to support resident care. In addition to large public support, donors include current and past Board members, upper management, and other St. John's employees. The campaign wrapped up in April 2022, raising $8.2 million over the course of the campaign.Support to EmployeesSt. John's employees are the heart and soul of our organization. Many employees work in challenging environments, both physically and mentally. They are providing 24 hour per day care for a very vulnerable population. 1) The Foundation offers financial support to those staff members and their dependents who commit themselves to personal and career growth. Scholarships of up to $1,500 were given to 6 employees continuing their education at an accredited two or four-year institution.2) Often times, employees may find themselves in an unexpected crisis. At any time, an employee may seek the resources of the Employee Crisis Fund through the Pastoral Care department with no questions asked. In 2023, 66 employees received $37,112 in support to help with such items as rent and utility assistance, prescription costs, vehicle repairs or school supplies for a child. 3) At Christmas, those employee families who do not have the means to enjoy the season are "adopted" by other employees, through our Share the Joy program, and given food and gifts to ensure that they too have a wonderful Christmas. During 2023, co-workers adopted 17 employee families through this program.Support to the CommunitySt. John's is a ministry serving more than just our staff and residents. We are committed to serving our community and those communities around us in any capacity we can. An example of that support is the Summer Concert Season. The Foundation's signature event is the Summer Concert Series. St. John's presents seven free concerts for our residents and the outside community each summer, on our main campus, as well as at the Crossings and Wyndstone facilities. From its humble beginnings in 1998 to a thriving series going strong for the last 24 years, the concerts have become a summer tradition for many. It is common to have close to 2,500 music lovers each week at the concerts with an annual attendance of 9,000 people. The Foundation relies on the support of volunteers, staff and sponsors to help ensure its success. Direct costs, paid with sponsor contributions, allow the concerts to remain free for the community. Other Ministry SupportPreviously the St. John's Foundation Board voted to distribute endowment earnings equivalent to 5-6% of endowment value annually, paid on a quarterly basis, to St. John's Lutheran Ministries, Inc. During 2023, the Foundation distributed $240,094 to St. John's to help cover nursing home and other operating expenses. Endowment funds support the following program areas. 1) Student internships and higher education, 2) special needs adoptions, 3) spiritual care to residents, staff and volunteers, 4) dementia care, and 5) resident care, specifically the gap between our current cost of care and the Medicaid daily rate.The Foundation launched the Nursing Apprentice Fellowship program in 2020. The program was originally funded through a separate endowment campaign plus matching funds from the Bruno and Evelyne Betti Foundation, and continues to accept new contributions. The purpose of the program is to provide nursing school tuition assistance and career applicable employment to students pursuing their LPN or RN degree. In 2023, 15 fellows received tuition assistance and $68,338 in total expenses were covered under the program. St. John's United Family Services is another ministry of St. John's. The adoption support services offer hope to those in need. These services include birthparent counseling, adoptive family preparation, mental health counseling, search and reunion services, and post-adoption counseling. Designated donations offset some of these costs. In 2023, Family Services served 210 individuals and families and had a role in the placement of 7 children in forever homes. St. John's sponsors students from local colleges for clinical learning on our campus. 80 students were served in 2023. In addition, we hold classes to train individuals interested in becoming a C.N.A. We had 101 C.N.A class graduates in 2023. St. John's continues to make a difference in the lives of families, residents, employees and our community every day. St. John's is a place where all people are recognized and celebrated as both givers and receivers of love, so the difference made in one person's life creates an enriching experience for someone else. Without the wonderful support of the community and donors, St. John's Foundation would not be able to exist. St. John's is truly grateful for the support given by talented and resourceful people that helps us continue as a support system for one of the premier Senior Living and Long-Term Care facilities in the Northwest. 186386 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 19 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X X Whitney Griffin Director of Accounting 4066555603 3940 Rimrock Road Billings MT 59102 Jen Quanbeck Chair 2.00 0.00 X X 0 0 0 Eric Nord Vice Chair 2.00 0.00 X X 0 0 0 Katie Edwards Treasurer 2.00 0.00 X X 0 0 0 Darrell Ehrlick Secretary 2.00 0.00 X X 0 0 0 Amanda Boerboom Director 2.00 0.00 X 0 0 0 Brian Brown Director (Until May 23) 2.00 0.00 X 0 0 0 Allison Corbyn Director 2.00 0.00 X 0 0 0 Julie Donald Director 2.00 0.00 X 0 0 0 Michael Fischer Director 2.00 0.00 X 0 0 0 Jock Michelotti Director 2.00 0.00 X 0 0 0 Mina Morse Director 2.00 2.00 X 0 0 0 Sara Sanderson Director 2.00 0.00 X 0 0 0 Dennis Sulser Director 2.00 0.00 X 0 0 0 Bill Underriner Director 2.00 0.00 X 0 0 0 David Trost President & CEO 4.00 36.00 X 0 104784 126743 Jerry Pearsall Vice President of Finance 1.00 39.00 X 0 74752 111570 0 179536 238313 0 0 1 0 0 23611 947272 57156 970883 454430 454430 187777 0 187777 187777 187777 246654 0 246654 246654 246654 4529 23611 10744 -6215 -6215 1853529 0 0 882646 58769 58769 2309 2309 18273 18273 20000 20000 4046 4046 96590 27279 69311 6941 6941 17831 17831 5134 5134 1018 1018 36827 36827 Community Benefit 67464 67464 Community Development 32524 32524 Nursing Apprentice Expe 20924 20924 Volunteer Expenses 6705 6705 1637 1637 396992 186386 121295 89311 446939 642924 93786 60150 12640 14551 1677327 1655053 1404466 135940 1305353 1268526 8338774 9793052 3709132 3714883 1673261 1668885 17257212 18818024 34206 4733 2857778 2529469 2891984 2534202 X 7230126 8017095 7135102 8266727 14365228 16283822 17257212 18818024 X 1456537 517334 -55277 X 0 1 X 1 0 X X 1 St John's Lutheran Ministries Inc 810288768 10 1 0 408242 1 0 408242 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Part I, Line 12g The amount reported in Schedule A, Part I, Line 12g, Column (vii) is not a cash transfer to St. John's Lutheran Ministries, Inc. but a reduction in the Due To/Due From Account. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12641034 522208 1063219 674643 13551818 14207189 190777 -1460054 296878 12641034 11818057 1775200 971343 357411 14207189 7224675 4375660 912361 694639 11818057 5892593 422526 1150661 241105 7224675 0.36618 0.63382 0.00000 0 0 607152 607152 352000 357041 71319 637722 88273 64621 23652 1268526 Interest in Charitable Remainder Annuity Trust 3714883 F 3714883 Due From Related Organizations 809513 Right of Use Asset 859372 1668885 Estimated Liability to Annuity Beneficiaries 1674456 Due to/from Missions -4359 Right of Use Liability 859372 2529469 X 2326330 517334 -55277 462057 1864273 -10744 -10744 1853529 407736 10744 10744 396992 0 396992 Part V, Line 4: Endowment funds are intended to maintain their original purchasing power over a long term horizon. Disbursements for the current calendar year are to be annually determined on December 31 of the prior calendar year unless otherwise indicated. Part X, Line 2: The Foundation believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in Split Interest Agreements -55,277. Part XI, Line 4b - Other Adjustments: Special Event Expenses Reported in Revenue for Tax Purposes -10,744. Part XII, Line 2d - Other Adjustments: Special Event Expenses Reported in Revenue for Tax Purposes 10,744. X X X X X 1 Bannack Group LLC PO Box 1823 Bozeman MT 59771 Campaign assessment and consulting 0 522207 20000 502207 522207 20000 502207 MT Threads 28140 23611 4529 123 5399 2095 3127 28140 23611 4529 123 5399 2095 3127 10744 -6215 1 Scholarships 6 8438 Resident needs - Assisted Living residents 9 2917 Nursing Fellowship Tuition/Scholarship 15 47414 Part I, Line 2: Disbursement of scholarships is made directly to the institute of higher education for the benefit of the particular grantee. Grantees are required to supply a transcript each semester or quarter to the St. John's Foundation to prove the grantee has completed the term to which the grant applied. Resident assistance requests are received through various channels and forwarded to the Foundation Director or Nursing Home Senior Administrator for evaluation and approval. 0 0 0 0 0 0 0 0 0 David Trost President & CEO 0 104784 0 0 0 0 0 126743 0 443 0 231970 0 0 Jerry Pearsall Vice President of Finance 0 74752 0 0 0 0 0 106870 0 5168 0 186790 0 0 Schedule J, Part I, Line 3: Compensation is paid to the CEO by a related organization. The related organization has a process in place for determining compensation using the methods described in Line 3. X 6 57156 FMV 0 0 1 0 Part I, Column (b): Column (b) represents the number of contributors. Form 990, Part VI, Section A, line 6 The sole member of the organization is St. John's Lutheran Ministries, Inc. Form 990, Part VI, Section A, line 7a Board members are appointed by the Corporate Member. Form 990, Part VI, Section A, line 7b Governance decisions can be made by the sole member of the Foundation, St. John's Lutheran Ministries, and its board members. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Form 990 will be presented to the Finance Committee who will carry a recommendation to the full Board for approval. Form 990 is presented electronically to the full board prior to filing. Form 990, Part VI, Section B, line 12c Compliance with policy is monitored by overall awareness of directors interests. The Board of Directors and Officers are covered under this policy. All conflicts are reviewed by the board. Voting restrictions are imposed on directors and officers who have a conflict of interest. Form 990, Part VI, Section B, line 15 David Trost and Jerry Pearsall are compensated by St. John's Lutheran Ministries for services provided to St. John's Lutheran Ministries and St. John's Foundation. St. John's Lutheran Ministries has a process in place to determine the individuals' compensation. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, financial statements, and the conflict of interest policy available to the public upon written request. Form 990, Part XI, line 9: Change in Value of Split Interest Agreements -55,277. St John's Lutheran Ministries Inc 3940 Rimrock Road Billings MT 59102 810288768 Provision of healthcare services MT 501(c)(3) Line 10 N/A 0 Home-Based Services Initiative LLC 3940 Rimrock Road Billings MT 59102 455209647 Provision of healthcare services MT 501(c)(3) Line 10 St John's Lutheran Ministries Inc 0 The Lutheran Center PO Box 825 Billings MT 59103 810406790 Provision of healthcare services MT 501(c)(3) Line 10 St John's Lutheran Ministries Inc 0 Chapel Court LLP 2101 Overland Ave Billings MT 59102 832764084 Rental real estate MT N/A 0 0 SJU Holdings LLC 3940 Rimrock Road Billings MT 59102 364918078 Rental Real Estate MT N/A C 0 Charitable Remainder Trust (1) MT 0 0 0 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 1 0