Baptist Health Foundation

Organization Overview

Baptist Health Foundation is located in Little Rock, AR. The organization was established in 1972. 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 12/2021, Baptist Health Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health 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 12/2020, Baptist Health Foundation generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Baptist Health Foundation has awarded 20 individual grants totaling $41,508,725. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS,& SERVICES TO BAPTIST HEALTH AND OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, & EDUCATIONAL PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FUNDS IN THE FORM OF GIFTS, GRANTS, AND SERVICES TO BAPTIST HEALTH HOSPITALS & OTHER CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THEIR SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Lena Moore
Chief Development Officer
$232,477
Brent Beaulieu
Treasurer
$0
Matt Jones
Vice Chairman
$0
Cathy Owen
Chairman
$0
Tim Mcmennamy
Secretary
$0
George E Covington Jr
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$657,010
Related organizations$0
Government grants $27,537
All other contributions, gifts, grants, and similar amounts not included above$1,662,543
Noncash contributions included in lines 1a–1f $81,890
Total Revenue from Contributions, Gifts, Grants & Similar$2,347,090
Total Program Service Revenue$0
Investment income $465,340
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $258,331
Net Income from Fundraising Events -$107,250
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,963,511

Grants Awarded

Over the last fiscal year, Baptist Health Foundation has awarded $2,320,381 in support to 4 organizations.

Grant RecipientAmount

Little Rock, AR

PURPOSE: EXEMPT PURPOSE

$2,257,941

Little Rock, AR

PURPOSE: EXEMPT PURPOSE

$29,032

BAPTIST HEALTH HOSPITALS

Org PageRecipient Profile

Little Rock, AR

PURPOSE: EXEMPT PURPOSE

$25,779

BAPTIST HEALTH REGIONAL HOSPITALS

Org PageRecipient Profile

Little Rock, AR

PURPOSE: EXEMPT PURPOSE

$7,629
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 26 grants that Baptist Health Foundation has recieved totaling $738,165.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$228,902
Albert H & Jane D Nahmad Foundation Inc

Miami, FL

PURPOSE: GENERAL OPERATIONS

$125,000
Heflin Family Foundation Tr Ua 10-18-96

Little Rock, AR

PURPOSE: HEALTH & EDUCAT

$53,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50,000
Schmieding Foundation Term

Springdale, AR

PURPOSE: VARIOUS

$36,000
Coulson Foundation

Little Rock, AR

PURPOSE: UNRESTRICTED

$35,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,671,841
Earnings$439,606
Net Contributions$120,267
Grants$351,674
Ending Balance$8,880,040

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