Hancock Regional Hospital Foundation Inc

Organization Overview

Hancock Regional Hospital Foundation Inc is located in Greenfield, IN. The organization was established in 2017. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Hancock Regional Hospital Foundation 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 12/2021, Hancock Regional Hospital Foundation Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $951.3k during the year ending 12/2021. While expenses have increased by 7.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE ADVANCEMENT OF HEALTHCARE AND WELLNESS IN THE COMMUNITIES WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HANCOCK REGIONAL HOSPITAL FOUNDATION WAS INCORPORATED IN SEPTEMBER 1982. AS OUTLINED IN THE ARTICLES OF INCORPORATION FOR THE HOSPITAL FOUNDATION, ARTICLE 2, SECTION 1, STATES THE PURPOSE OF THE CORPORATION BEING:TO RAISE AND EXPEND FUNDS FOR THE BENEFIT OF HANCOCK REGIONAL HOSPITAL AND ANY ORGANIZATION OPERATED, SUPERVISED, OR CONTROLLED BY OR IN CONNECTION WITH IT. SAID FUNDS ARE TO BE EXPENDED FOR THE FOLLOWING PURPOSES -(1) CAPITAL IMPROVEMENTS (2) EDUCATIONAL PROGRAMS INCLUDING SCHOLARSHIPS (3) MEDICAL OR HOSPITAL RELATED RESEARCH OR (4) INITIAL CAPITALIZATION FOR NEW OR EXPERIMENTAL SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Sandra Miller
Chairman
$0
Kevin Harvey
Vice Chair
$0
Scott Hiatt
Treasurer
$0
Peggy Carson
Secretary
$0
Nancy Davis
Executive Director
$0
Valerie Angle
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$56,208
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,984,920
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,041,128
Total Program Service Revenue$0
Investment income $616
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$8,334
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $57,616
Miscellaneous Revenue$0
Total Revenue $3,091,026

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hancock Regional Hospital Foundation Inc has recieved totaling $66,329.

Awarding OrganizationAmount
Hancock County Community Foundation Inc

Greenfield, IN

PURPOSE: OPERATING SUPPORT

$66,329
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,847,173
Earnings$2,370,173
Net Contributions$3,197,953
Grants$3,053,815
Ending Balance$13,361,484

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