Baptist Health Foundation Greater Louisville Inc
- Assets
- $12.5m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Louisville, KY
- Founding
- 03/2004
- Data as of
- 08/2021
- EIN
- 20-0292291
Organization Overview
Baptist Health Foundation Greater Louisville Inc is located in Louisville, KY. The organization was established in 2004. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 08/2021, Baptist Health Foundation Greater Louisville Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Foundation Greater Louisville Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Baptist Health Foundation Greater Louisville Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $1.3m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST, ADVANCE & STRENGTHEN BAPTIST HEALTH LOUISVILLE & BAPTIST HEALTH LAGRANGE HOSPITALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMOUNTS PAID TO BAPTIST HEALTH LOUISVILLE AND BAPTIST HEALTH LAGRANGE HOSPITALS FOR PATIENT CARE AND CAPITAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Stout Tamme Vice Chair (effective 2/11/21) & Dir | OfficerTrustee | 1 | $0 |
Larry Gray President & Director | OfficerTrustee | 1 | $0 |
Danny Mcmahan Chairman (through 2/10/21) & Dir | OfficerTrustee | 1 | $0 |
Clint Kaho VP & Director | OfficerTrustee | 1 | $0 |
Andy Powell Chairman (effective 2/11/21) & Dir | OfficerTrustee | 1 | $0 |
James A Morris Treasurer (through 2/10/21) | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $86,100 |
| Related organizations | $773,324 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $990,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,850,251 |
| Total Program Service Revenue | $0 |
| Investment income | $182,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,194,068 |
| Net Income from Fundraising Events | $4,484 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,231,014 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $541,608 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $569,691 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,482 |
| Payroll taxes | $41,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $22,507 |
| Office expenses | $14,943 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,294,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $461,488 |
| Pledges and grants receivable | $803,561 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $315,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,968,566 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$25,000 |
| Total assets | $12,523,615 |
| Accounts payable and accrued expenses | $1,072 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $233,876 |
| Total liabilities | $234,948 |
| Net assets without donor restrictions | $7,183,813 |
| Net assets with donor restrictions | $5,104,854 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,523,615 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Baptist Health Foundation Greater Louisville Inc has recieved totaling $245,291.
| Awarding Organization | Amount |
|---|---|
Whas Crusade For Children Inc Louisville, KY PURPOSE: $125,000 FOR ANY ITEM ON GRANT LIST - PHILIPS INTELIVUE MONITORS, GE PANDA WARMER, NATUS NEOBLUE LED PHOTOTHERAPY EQUIPMENT, INFANT TRANSPORTER, AND CUDDLECOT | $125,000 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $120,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $25 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Endowment Analysis
| Beg. Balance | $8,434,079 |
| Other Expense | $3,967,697 |
| Ending Balance | $4,466,382 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Health Information Exchange Inc Indianapolis, IN | $7,071,643 | $17,868,575 |
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem Lexington, KY | $4,313,780 | $19,547,175 |
Frank Messer & Sons Construction Co Health Care Trust Agreement Cincinnati, OH | $1,608,604 | $18,730,323 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Jhsi Inc Cincinnati, OH | $218,143,713 | $11,934,726 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Akron Childrens Hospital Foundation Akron, OH | $226,447,307 | $32,651,405 |
Bethesda Inc Cincinnati, OH | $187,938,288 | $2,121,549 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Sheltering Arms Foundation Mechanicsville, VA | $205,278,403 | $11,542,533 |
Childrens Hospital Foundation Louisville, KY | $121,952,447 | $19,774,743 |