Randolph Hospital Community Health Foundation
- Assets
- $399.1k
- Revenue
- $27.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Asheboro, NC
- Founding
- 06/1996
- Data as of
- 09/2021
- EIN
- 58-2240755
Organization Overview
Randolph Hospital Community Health Foundation, operating under the name Randolph Health Community Foundation, is located in Asheboro, NC. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Randolph Health Community 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 09/2021, Randolph Health Community Foundation generated $27.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $4.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (42.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Randolph Health Community Foundation has awarded 39 individual grants totaling $976,469. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE RANDOLPH HEALTH COMMUNITY FOUNDATION IS TO ENHANCE THE HEALTH AND WELLNESS OF THE COMMUNITY THROUGH AN ENDOWMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RANDOLPH HEALTH COMMUNITY FOUNDATION PROVIDES A FOCUSED, TAX-DEDUCTIBLE ROUTE FOR INDIVIDUALS AND CORPORATIONS TO GIVE TO THE HEALTH AND WELLNESS NEEDS OF RANDOLPH COUNTY. THROUGH A VARIETY OF SPECIAL FUNDRAISING EVENTS (DINEAROUND, GOLF CLASSIC, MEMORIALS/HONORIUMS, ETC) AND AN ANNUAL GIVING CAMPAIGN. THE FOUNDATION AWARDS A VARIETY OF HEALTH AND WELLNESS GRANTS TO COMMUNITY NOT-FOR-PROFITS AND RANDOLPH HEALTH THAT WILL SUPPORT ONE OF THE FOLLOWING FOCUS AREAS: RANDOLPH HEALTH, NUTRITION, PHYSICAL FITNESS, AND SUBSTANCE ABUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loretta Long Treasurer | OfficerTrustee | 1 | $0 |
Cindy Schroder Chairman | OfficerTrustee | 0.5 | $0 |
Lilly Bossong Vice Chair | OfficerTrustee | 0.5 | $0 |
April Thornton President, Operations | Officer | 15 | $0 |
Lucy Grady Director | Trustee | 2 | $0 |
Michael Miller Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,830 |
| Total Program Service Revenue | $0 |
| Investment income | $1,519 |
| 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 | $27,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,774 |
| 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 | $920 |
| Total functional expenses | $4,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,111 |
| 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 | $0 |
| Total assets | $399,111 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $376,456 |
| Net assets with donor restrictions | $22,655 |
| 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 | $399,111 |
Grants Awarded
Over the last fiscal year, Randolph Hospital Community Health Foundation has awarded $276,990 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Asheboro, NC PURPOSE: $4000 TO ACQUAINT PARENTS OF THE NEARLY 700 NEWBORNS AT RANDOLPH HEALTH WITH THE IMPORTANT ROLE THEY PLAY IN THEIR BABY'S BRAIN DEVELOPMENT BY READING TO THEM BEGINNING DAY ONE OF THEIR LIFE$2,000 TO LAUNCH AN INDIGENT PERSON'S FUND THAT WILL BE USED TO PROVIDE PRESCRIPTION MEDICATION FOR UNISURED PATENTS WHO CAN'T AFFORD THEM$55,830 TO PURCHASE A SIEMENS CS-2500 COAGULATION ANALYZER AND CA-620 ANALYZER FOR THE LAB IN ORDER TO MEET CRITICAL TESTING NEEDS FOR THES PATIENTS $25,610 TO PURCHASE A NEW COMPLETE BLOOD COUNT (CBC) MACHINE FOR RANDOLPH HEALTH PEDIATRICS$115,000 TO PURCHASE ENT NAVIGATION EQUIPMENT TO ALLOW AN ENT SURGEON TO SAFELY PERFORM SINUS SURGERY$3,250 TO PURCHASE AN ACCUVEIN SCANNING MACHINE TO REDUCE VEIN STICKS$1,000 TO PURCHASE EDUCATION MATERIALS TO BE DISTIBUTED TO ALL NEWLY DIAGNOSED BREAST CANCER PATIENTS$7,250 TO PROVIDE TWO SLEEPER SOFAS FOR SUPPORT INDIVIDUALS WHO STAY WITH MOTHERS WHO HAVE DELIVERED THEIR BABIES AT RANDOLPH HEALTH | $213,940 |
TOWN OF RAMSEUR PURPOSE: TO GRADE AND SURFACE THE PORTION OF THE DEEP RIVER RAIL TRAIL THAT WILL COMPLETE THE RAMSEUR SEGMENT | $16,860 |
LOVE INDEED PURPOSE: TO PROVIDE A FREE COMMUNITY MEAL EACH WEEK TO PEOPLE LIVING IN THE RURAL CARAWAY MOUNTAIN AREA OF RANDOLPH COUNTY | $12,600 |
CITY OF RANDLEMAN PURPOSE: $13,950 TO CONSTRUCT A PEDESTRIAN BRIDGE OVER A CREEK ON THE RANDLEMAN SEGMENT OF THE DEEP RIVER GREENWAY$8,000 TO PROVIDE AN ALTERNATIVE WORKOUT AREA FOR FAMILIES TO USE AS THEY ARE AT RANDLEMAN PARK FOR EVENTS OR USING THE PLAYGROUND AREA | $8,000 |
SEAGROVE SCHOOL PTO PURPOSE: TO IMPROVE THE SCHOOL PLAYGROUND TO ENSURE THE SAFETY OF STUDENTS AND PROMOTE PHYSICAL FITNESS/HEALTHY LIVING WITHIN THE SCHOOL AND THE COMMUNITY | $7,000 |
Asheboro, NC PURPOSE: TO PURCHASE ADDITIONAL FOOD FOR THE EXPANSION OF THE HOT MEAL PROGRAM TO THE HOMELESS AND LESS FORTUNATE OF RANDOLPH COUNTY | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Randolph Hospital Community Health Foundation has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Lung Cancer Initiative Raleigh, NC PURPOSE: LUNG CANCER RESEARCH | $10,000 |
Acme-Mccrary & Sapona Foundation Inc Cedar Falls, NC PURPOSE: GENERAL SUPPORT | $2,500 |
Ramsay Family Foundation Inc Jamestown, NC PURPOSE: PROGRAM SUPPORT | $500 |
Endowment Analysis
| Beg. Balance | $297,341 |
| Earnings | $1,081 |
| Ending Balance | $298,422 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of The Coastal Empire Inc Savannah, GA | $26,438,024 | $9,161,083 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |
United Way Of The Central Savannah River Area Inc Augusta, GA | $2,548,465 | $8,329,042 |
United Way Of The Chattahoochee Valley Inc Columbus, GA | $12,467,806 | $8,956,958 |
United Way Of North Carolina Cary, NC | $2,955,432 | $7,770,294 |
Trident United Way Inc North Charleston, SC | $21,229,103 | $7,996,754 |
Greensboro Jewish Federation Greensboro, NC | $41,635,209 | $6,136,419 |
United Jewish Fed Endow Fd Tr Rev 63418202 Virginia Beach, VA | $11,572,026 | $8,665,477 |
United Way Of Asheville & Buncombe County Inc Asheville, NC | $8,337,035 | $6,101,037 |
United Way Of Central Georgia Inc Macon, GA | $7,934,369 | $5,384,686 |
United Way Of Roanoke Valley Inc Roanoke, VA | $7,671,992 | $5,417,169 |