Appalachian Regional Healthcare Foundation

Organization Overview

Appalachian Regional Healthcare Foundation is located in Boone, NC. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Appalachian Regional Healthcare Foundation 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 09/2021, Appalachian Regional Healthcare Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $803.5k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WORK WITH APPALACHIAN REGIONAL HEALTHCARE SYSTEM (ARHS) TO SUPPORT HEALTHCARE IN THE SURROUNDING REGION OF WESTERN NORTH CAROLINA. OUR MISSION WILL BE ACHIEVED BY 1) EXPANDING AND PRESERVING ESSENTIAL PATIENT SERVICES THROUGH PHILANTHROPY; 2) EQUIPPING CAREGIVERS WITH UNIQUE RESOURCES AND LEADING EDGE TECHNOLOGIES; 3) HELPING CREATE A HEALTHIER COMMUNITY FOR THE COUNTIES WE SERVE; AND 4) COOPERATING WITH OTHER COMMUNITY ORGANIZATIONS WHO SHARE THE ARHS MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS RAISED SUPPORT ARHS AND ITS AFFILIATES THROUGH CAPITAL EQUIPMENT PURCHASES AND OTHER OPERATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Charles Mantooth
CEO
$0
Robert Hudspeth
SVP Developm
$0
Peter Rucker
Trustee
$0
Kevin May
Cfo-Left 1/2
$0
Matt Thomas
CFO
$0
David L Brewer
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$222,628
Related organizations$0
Government grants $212,671
All other contributions, gifts, grants, and similar amounts not included above$5,531,132
Noncash contributions included in lines 1a–1f $244,318
Total Revenue from Contributions, Gifts, Grants & Similar$5,966,431
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $256,357
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,222,788

Grants Awarded

Over the last fiscal year, Appalachian Regional Healthcare Foundation has awarded $0 in support to 16 organizations.

Grant RecipientAmount

THE MORRISON CHARITABLE TRUST

Org PageRecipient Profile

Las Vegas, NV

PURPOSE: OPERATIONAL SUPPORT

$0

NORTH CAROLINA DHHS

PURPOSE: OPERATIONAL SUPPORT

$0

THE THORESEN FOUNDATION

Org PageRecipient Profile

Canton, GA

PURPOSE: OPERATIONAL SUPPORT

$0

CHARLES A CANNON MEMORIAL CHARITABLE TRUST #1

Org PageRecipient Profile

Concord, NC

PURPOSE: OPERATIONAL SUPPORT

$0

THE BLAIR FOUNDATION

Org PageRecipient Profile

PURPOSE: OPERATIONAL SUPPORT

$0

AJ FLETCHER FOUNDATION

Org PageRecipient Profile

Raleigh, NC

PURPOSE: OPERATIONAL SUPPORT

$0
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Appalachian Regional Healthcare Foundation has recieved totaling $464,851.

Awarding OrganizationAmount
Dickson Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
The@b W And Barbara Miller Foundation

Charlotte, NC

PURPOSE: CHARITABLE - GENERAL SUPPORT

$60,100
A J Fletcher Foundation

Raleigh, NC

PURPOSE: HOSPITAL CAPITAL CAMPAIGN

$50,000
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$25,151
A J Fletcher Foundation

Raleigh, NC

PURPOSE: PHYSICIAN RECRUITMENT

$25,000
William Coltrane & Norma Craft Cannon

High Point, NC

PURPOSE: GENERAL OPERATING

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,940,348
Ending Balance$5,359,043

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