Medbank Foundation Incorporated

Organization Overview

Medbank Foundation Incorporated is located in Savannah, GA. The organization was established in 1995. According to its NTEE Classification (E60) the organization is classified as: Health 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. Medbank Foundation Incorporated 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, Medbank Foundation Incorporated generated $337.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $356.9k during the year ending 12/2021. 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 ASSIST CHRONICALLY ILL, UNINSURED, AND UNDERINSURED RESIDENTS IN OBTAINING PRESCRIPTION MEDICATIONS FREE-OF-CHARGE FROM PHARMACEUTICAL COMPANIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST MEDICALLY INDIGENT RESIDENTS OF THE GEORGIA COUNTIES OF BRYAN, BULLOCH, CHATHAM, EFFINGHAM, LIBERTY, LONG, AND MACINTOSH IN OBTAINING PRESCRIPTION MEDICATIONS. REFERRALS ARE ENROLLED IN DRUG MANUFACTURER ASSISTANCE PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Pat Edwards
Executive Director
$54,238
Andrea Mckeever
Board Chair
$0
Rob Roberts
Vice Chair
$0
I William Drought III
Director
$0
Lester B Johnson III JD
Secretary
$0
Tammy Stokes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$103,540
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $49,938
All other contributions, gifts, grants, and similar amounts not included above$184,063
Noncash contributions included in lines 1a–1f $35,637
Total Revenue from Contributions, Gifts, Grants & Similar$337,541
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 $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $337,541

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Medbank Foundation Incorporated has recieved totaling $13,606.

Awarding OrganizationAmount
The Savannah Community Foundation Inc

Savannah, GA

PURPOSE: FINANCIAL SUPPORT

$13,600
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$6
View Grant Recipient Profile

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