Anmed Health Foundation
- Assets
- $8.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Anderson, SC
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 38-3886017
Organization Overview
Anmed Health Foundation is located in Anderson, SC. The organization was established in 2014. 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. Anmed 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 12/2021, Anmed Health Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 16.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE TO INSPIRE PHILANTHROPIC GIVING TO FINANCIALLY SUPPORT PROGRAMS AND SERVICES OF ANMED HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANMED HEALTH FOUNDATION WAS ORGANIZED TO PROVIDE FINANCIAL SUPPORT FOR ANMED HEALTH TO MEET THE NEEDS OF THE COMMUNITY. SEE SCHEDULE O FOR HIGHLIGHTS. PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION DIRECTS CONTRIBUTIONS RECEIVED TO VITAL PROGRAMS THAT ASSIST OUR COMMUNITY IN THE FOLLOWING WAYS:1. OFFER FINANCIAL ASSISTANCE TO PATIENTS DISCHARGED FROM THE HOSPITAL WITHOUT ABILITY TO PAY FOR NEEDED MEDICATIONS. 2. BRING MEDICAL SCREENINGS AND INFORMATION TO COMMUNITIES THROUGHOUT OUR REGION.3. PROVIDE PREVENTIVE AND WELLNESS CARE TO PROMOTE THE OVERALL WELL-BEING OF PEOPLE IN THE ANMED HEALTH SERVICE AREA.4. DELIVER SPECIALIZED THERPY TO IMPROVE THE LIVES OF CHILDREN DEVELOPMENTAL DELAYS AND DISORDERS.5. PROVIDE A PERSONAL EMERGENCY RESPONSE SERVICE FOR ELDERLY AND DISABLED INDIVIDUALS THAT CANNOT AFFORD THE SERVICE ON THEIR OWN.6. PROVIDE SCREENING MAMMOGRAMS TO UNINSURED WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terence Roberts Ex-Officio | OfficerTrustee | 1 | $0 |
William Kenley Ex-Officio / CEO Ah | OfficerTrustee | 3 | $0 |
Lee Luff Immediate Past Chair | OfficerTrustee | 1 | $0 |
Greg Shore Vice Chairman | OfficerTrustee | 1 | $0 |
Tim Self Executive Director | Officer | 50 | $0 |
Sonya Gould Chief Financial Officer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,419,671 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,431,771 |
| 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 | $0 |
| Net Income from Fundraising Events | $40,738 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,472,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,447,601 |
| Grants and other assistance to domestic individuals. | $174,827 |
| 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 | $238,264 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,888 |
| 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 | $0 |
| Fees for services: Other | $32,244 |
| Advertising and promotion | $0 |
| Office expenses | $10,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121 |
| 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 | $1,946,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,118,009 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,085 |
| Total assets | $8,130,094 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,196,245 |
| Total liabilities | $5,196,245 |
| Net assets without donor restrictions | -$2,650,164 |
| Net assets with donor restrictions | $5,584,013 |
| 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 | $8,130,094 |
Grants Awarded
Over the last fiscal year, Anmed Health Foundation has awarded $36,593 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Anderson, SC PURPOSE: AH MEDICAL EDUCATION OPERATIONS AND CAPITAL EXPENSES | $36,593 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Anmed Health Foundation has recieved totaling $285,719.
| Awarding Organization | Amount |
|---|---|
Duke Endowment Charlotte, NC PURPOSE: TO EXPAND A COMMUNITY NETWORK OF CARE FOR THE LOW-INCOME, UNINSURED IN ANDERSON COUNTY. | $225,000 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $54,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,714 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Trustees Of Medical Services Of Am Inc Empl Health Ben Plan 6 Tr Lexington, SC | $5,490 | $14,210,986 |
Rowan Regional Medical Center Foundation Inc Winston Salem, NC | $63,491,170 | $11,479,503 |
Medical Society Of S C Charleston, SC | $641,115,218 | $16,899,363 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Conway Hospital Emergency Professional Services Conway, SC | $693,381 | $5,206,730 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Gwinnett Hospital System Foundation Inc Lawrenceville, GA | $16,671,809 | $3,369,324 |
Cem Health And Welfare Benefit Trust Matthews, NC | $250,139 | $4,240,274 |
Musc Health Partners Charleston, SC | $1,610,302 | $4,424,727 |