Baptist Health Care Foundation Of Montgomery
- Assets
- $12.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 04/1973
- Data as of
- 06/2022
- EIN
- 23-7281996
Organization Overview
Baptist Health Care Foundation Of Montgomery is located in Montgomery, AL. The organization was established in 1973. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Health Care Foundation Of Montgomery 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 06/2022, Baptist Health Care Foundation Of Montgomery generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $639.1k during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Baptist Health Care Foundation Of Montgomery has awarded 14 individual grants totaling $3,219,007. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BAPTIST HEALTH CARE FOUNDATION DEVELOPS FINANCIAL RESOURCES TO SUPPORT BAPTIST HEALTH'S MINISTRY IN PROVIDING THE BEST QUALITY HEALTHCARE SERVICES AND PROGRAMS TO THE PEOPLE OF CENTRAL ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEAM MEMBER EMERGENCY ASSISTANCE FUND EXISTS TO SUPPORT BAPTIST HEALTH TEAM MEMBERS WITH EMERGENCY ASSISTANCE FOR FOOD, HOUSING, UTILITIES AND MEDICAL SUPPLIES.
MONTGOMERY CANCER CENTER DRIVING HOPE IS A PROJECT TO PURCHASE AND OPERATE A MOBILE CANCER SCREENING, EDUCATION AND PREVENTION MOTOR COACH IN 12 COUNTIES THAT MAKE UP CENTRAL ALABAMA'S BLACKBELT REGION.
THE SCHOLARSHIP PROGRAM SUPPORTS BAPTIST HEALTH TEAM MEMBERS, THEIR FAMILIES AND THE GENERAL PUBLIC WITH SCHOLARSHIPS FOR HIGHER EDUCATION. SCHOLARSHIPS ARE AWARDED IN THE AREAS OF ALLIED HEALTH, NURSING, MEDICINE AND OTHER GENERAL FIELDS OF STUDY.
EXAMPLES ARE GRANTS TO THE NEONATAL UNIT, HOSPICE FUND, AND PATIENT ASSISTANCE PROGRAM. FOUNDATION FURTHERS THE TAX EXEMPT PURPOSE OF BAPTIST HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Tyner President/ceo | OfficerTrustee | 0.5 | $0 |
Christine Bruton CFO | Officer | 0.5 | $0 |
Tommy Mckinnon Executive Director | Officer | 16 | $0 |
Ben Lott 1st Vice Chair | Trustee | 0.5 | $0 |
Ed Reifenberg Board Member | Trustee | 0.5 | $0 |
Jim Smith Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $24,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,299,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,323,793 |
| Total Program Service Revenue | $0 |
| Investment income | $182,075 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,768 |
| Net Gain/Loss on Asset Sales | $313,940 |
| Net Income from Fundraising Events | -$127,848 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,766,328 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $443,629 |
| Grants and other assistance to domestic individuals. | $178,603 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $5,781 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $639,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,237,823 |
| Investments—publicly traded securities | $8,502,516 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,015,153 |
| Total assets | $12,755,492 |
| Accounts payable and accrued expenses | $10,029 |
| 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 | $0 |
| Total liabilities | $10,029 |
| Net assets without donor restrictions | $1,861,628 |
| Net assets with donor restrictions | $10,883,835 |
| 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 | $12,755,492 |
Grants Awarded
Over the last fiscal year, Baptist Health Care Foundation Of Montgomery has awarded $443,629 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HEALTH CARE AUTHORITY FOR BAPTIST HEALTH PURPOSE: OPERATIONAL FUNDS & CAPITAL FUNDS | $425,099 |
Montgomery, AL PURPOSE: OPERATIONAL FUNDS | $18,530 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Health Care Foundation Of Montgomery has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Goodwyn Mills & Cawood Charitable Foundation Montgomery, AL PURPOSE: COMMUNITY SPONSORSHIP | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baptist Health South Florida Foundation Inc Coral Gables, FL | $225,281,750 | $41,727,207 |
Sunsystem Development Corporation Altamonte Springs, FL | $162,692,831 | $28,088,439 |
Joe Dimaggio Childrens Hospital Foundation Inc Hollywood, FL | $82,320,929 | $14,894,521 |
Jackson Medical Mall Foundation Jackson, MS | $71,929,966 | $14,671,190 |
The Healing Trust Nashville, TN | $0 | $7,303,090 |
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Methodist Healthcare Foundation Memphis, TN | $23,965,456 | $9,348,334 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |