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Nonprofit · EIN 54-1401357

MJH FOUNDATION

Tax-exempt · VIRGINIA BCH, VA 23464

Financials

$953K$2.2M2023$7.5M$2M2024
Revenue Expenses · by fiscal year end
Financials of MJH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,469,813$1,954,057$5,515,756$46,499,243$1,317,065$45,182,178
December 31, 2023990$952,878$2,234,048-$1,281,170$43,859,355$1,317,065$42,542,290
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$7,469,813
Net gain from sales of assets
$7,128,440
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,880,531
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,954,057

Balance sheet and other

Total assets, start of year
$43,859,355
Total assets, end of year
$46,499,243
Total liabilities, end of year
$1,317,065
Net assets, end of year
$45,182,178
Publicly traded securities
$43,188,764
Net assets without donor restrictions
$17,443,374
Net assets with donor restrictions
$27,738,804
Gross unrelated business income
$1,843
Gross receipts
$84,518,867
Employees
0
Volunteers
0
Year formed
1986
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
EARL J BARNES IIASSISTANT SECRETARY
Officer
1$0$1,489,106$152,653
RITA A BUNCHDIRECTOR/PRESIDENT (THRU 9/24)
Trustee or director, Officer
1$0$495,165$31,068
DEBORAH L THEXTONTREASURER
Officer
1$0$249,678$56,520
KIMBERLY SKELLYVP (THRU 9/24) PRESIDENT (EFF 9/24)
Officer
1$0$254,562$44,083
LISA D PARKSSECRETARY
Officer
1$0$90,788$33,645
BLAIR WILLIAMSONDIRECTOR/VICE CHAIR
Trustee or director, Officer
0.4$0$0$0
ERIK GREENBAUMDIRECTOR/CHAIR
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RITA A BUNCHDIRECTOR/PRESIDENT
Trustee or director, Officer
1$0$505,775$58,711
AMELIA S BLACKFORMER OFFICER
Former
0$0$415,680$51,832
DEBORAH L THEXTONTREASURER
Officer
1$0$234,924$86,957
KIMBERLY SKELLYVICE PRESIDENT
Officer
1$0$243,131$61,017
LISA D PARKSSECRETARY
Officer
1$0$84,790$63,700
ERIK GREENBAUMDIRECTOR/VICE CHAIR
Trustee or director, Officer
1$0$0$0
MARGARET HOLDENDIRECTOR/CHAIR
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1300 SENTARA PARK, VIRGINIA BCH, VA 23464-5884
Principal officer (990 for 2024)
RITA A BUNCH, 500 MARTHA JEFFERSON DRIVE, CHARLOTTESVILLE, VA 22911
Signed the 990
DEBORAH L THEXTON, TREASURER
Phone
(757) 455-7020

Mission

MJH FOUNDATION PROVIDES INVESTMENT AND MANAGEMENT SERVICES FOR MARTHA JEFFERSON HOSPITAL, A NON-PROFIT ORGANIZATION WHICH PROVIDES HEALTHCARE TO THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • MJH FOUNDATION PROVIDES INVESTMENT MANAGEMENT SERVICES AND OTHER SIMILAR SERVICES FOR MARTHA JEFFERSON HOSPITAL AND ITS AFFILIATED CORPORATIONS. THE DRAW FROM THE RESTRICTED FUND IS USED TO SUPPORT MARTHA JEFFERSON HOSPITAL'S PROGRAMMATIC SUPPORT OF ITS PATIENTS AND EMPLOYEES.SEE SCHEDULE O FOR A DESCRIPTION OF PROGRAMS AND ACCOMPLISHMENTS OF THE SENTARA HEALTH SYSTEM AS A WHOLE FOR 2024.
    Expenses $1,954,057 · grants $1,880,531 · revenue $7,128,440

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1401357
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$46,499,243
Income (IRS master file)
$84,518,867

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,469,813$1,954,057$46,499,243XML
990-TDecember 2024–––IRS
990December 2023$952,878$2,234,048$43,859,355XML
990-TDecember 2023–––IRS
990December 2022$51,439$1,683,012$38,937,043IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1401357).

Questions about MJH FOUNDATION

What is the EIN of MJH FOUNDATION?
The employer identification number (EIN) of MJH FOUNDATION is 54-1401357.
Is MJH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to MJH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MJH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MJH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MJH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MJH FOUNDATION?
The 990 for the year ended December 31, 2024 names RITA A BUNCH.
Who are the officers and directors of MJH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does MJH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,469,813, expenses of $1,954,057 and total assets of $46,499,243 at year end.

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