Bloomington Health Foundatoin Inc
- Assets
- $27.8m
- Revenue
- $937.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 02/1988
- Data as of
- 12/2023
- EIN
- 35-1720795
Organization Overview
Bloomington Health Foundatoin Inc is located in Bloomington, IN. The organization was established in 1988. 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. Bloomington Health Foundatoin 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 12/2023, Bloomington Health Foundatoin Inc generated $937.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bloomington Health Foundatoin Inc has awarded 53 individual grants totaling $11,173,647. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELPING THE PEOPLE OF BLOOMINGTON AND SURROUNDING COMMUNITIES LEAD HEALTHIER LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE COMMITTED TO EMPOWERING COMMUNITY PARTNERS AND OTHERS TO ELIMINATE ADVERSE HEALTH ISSUES, REMOVE ACCESS BARRIERS, AND IMPROVE HEALTH OUTCOMES. STEPS TAKEN INCLUDE THE FOLLOWING:CONVENE COMMUNITY LEADERS TO ADDRESS SHARED HEALTH CONCERNS FOR THE PURPOSE OF MAKING TRANSFORMATIONAL IMPACT IN HEALTH OUTCOMES WITHIN MONROE COUNTY AND THE SOUTH-CENTRAL REGION THAT INSPIRE PHILANTHROPIC SUPPORT AND LEVERAGE EXISTING ASSETS TO IMPLEMENT INNOVATIVE AND EVIDENCE-BASED SOLUTIONS WITH COMMUNITY PARTNERS AND OTHER STAKEHOLDERS.VALUES: COLLABORATIVE - BHF WILL ACHIEVE MORE BY WORKING TOGETHERINCLUSIVE - BHF WILL EMBRACE DIFFERENCES WITH RESPECT INNOVATIVE - BHF WILL ENCOURAGE BOLD SOLUTIONS TO TOUGH PROBLEMSEXCELLENCE - BHF WILL STRIVE TO EXCEL IN EVERY ASPECT OF THE ORGANIZATIONEMPOWERING - BHF WILL ENCOURAGE AND STRENGTHEN COMMUNITY PARTNERSGOOD STEWARDS - BHF WILL PLAN AND MANAGE RESOURCES RESPONSIBLY IMPACTFUL - BHF WILL IMPROVE HEALTH OUTCOMES BY MEASURING EFFECTIVENESSCONNECTIVE - BHF WILL BRIDGE SOCIAL GAPS USING PARTNERSHIPS AND RESOURCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christal Greene Board Member | Trustee | 1 | $0 |
Shawna Hayden Board Member | Trustee | 1 | $0 |
Denise Howard Od Board Member | Trustee | 1 | $0 |
Josh James Board Member | Trustee | 1 | $0 |
John West Board Member | Trustee | 1 | $0 |
Erin Martoglio Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $703 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,740 |
| All other contributions, gifts, grants, and similar amounts not included above | $164,010 |
| Noncash contributions included in lines 1a–1f | $11,679 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,453 |
| Total Program Service Revenue | $18,705 |
| Investment income | $565,088 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $184,320 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $937,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $665,117 |
| 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. | $170,833 |
| Compensation of current officers, directors, key employees. | $73,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,509 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,300 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $33,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,826 |
| Fees for services: Other | $16,150 |
| Advertising and promotion | $48,582 |
| Office expenses | $1,630 |
| Information technology | $23,222 |
| Royalties | $0 |
| Occupancy | $11,041 |
| Travel | $760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,865 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,041 |
| Insurance | $7,756 |
| All other expenses | $3,089 |
| Total functional expenses | $1,189,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,416,658 |
| Pledges and grants receivable | $28,910 |
| 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 | $3,176 |
| Investments—publicly traded securities | $22,312,463 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $675 |
| Total assets | $27,761,882 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,632,131 |
| 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 | $1,632,131 |
| Net assets without donor restrictions | $21,960,946 |
| Net assets with donor restrictions | $4,168,805 |
| 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 | $27,761,882 |
Grants Awarded
Over the last fiscal year, Bloomington Health Foundatoin Inc has awarded $483,311 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER SUPPORT COMMUNITY - CENTRAL INDIANA PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $311,336 |
CENTERSTONE OF INDIANA PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $47,325 |
YOUTH FIRST PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $35,250 |
NEW HOPE FAMILY SHELTER INC PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $33,546 |
BLOOMINGTON COMMUNITY PARK AND RECREATION FOUNDATION INC PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $33,546 |
MONROE COUNTY UNITED MINISTRIES PURPOSE: GRANTS MADE TO VARIOUS PROGRAMS | $6,773 |