Boca Raton Regional Hospital Foundation Inc

Organization Overview

Boca Raton Regional Hospital Foundation Inc is located in Boca Raton, FL. The organization was established in 2004. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boca Raton 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 09/2020, Boca Raton Regional Hospital Foundation Inc generated $62.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $37.9m during the year ending 09/2020. While expenses have increased by 3.7% per year over the past 6 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.

Since 2015, Boca Raton Regional Hospital Foundation Inc has awarded 67 individual grants totaling $139,907,558. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION SUPPORTS THE HOSPITAL'S MISSION OF PROVIDING SUPERIOR, COMPASSIONATE HEALTH CARE THROUGH THE CULTIVATION & STEWARDSHIP OF PHILANTHROPIC GIFTS & RAISING THE PUBLIC AWARENESS OF THE HOSPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BOCA RATON REGIONAL HOSPITAL FOUNDATION (THE FOUNDATION) WAS ESTABLISHED TO RAISE FUNDS FOR THE BENEFIT AND SUPPORT OF THE BOCA RATON REGIONAL HOSPITAL (BRRH) AND ITS AFFILIATE COMPANIES IN ITS MISSION TO PROVIDE HIGH QUALITY HEALTH CARE SERVICES TO THE BOCA RATON COMMUNITY. THE FOUNDATION'S PURPOSE IS TO SUPPORT BRRH THROUGH THE PROVISION OF FUNDING FOR VARIOUS PROGRAMS OF THE HOSPITAL AND IN BUILDING COMMUNITY SUPPORT FOR THE HOSPITAL AND ITS AFFILIATES. AS OF JULY 1, 2019, THE FOUNDATION BECAME AN INDEPENDENT, SELF-GOVERNING ORGANIZATION SUPPORTING BOCA RATON REGIONAL HOSPITAL AND THE BRRH AFFILIATES AND THE COMMUNITIES THEY SERVE IN ACCORDANCE WITH FOUNDATION'S PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Ex-Officio Member - Vice Chair Of The Hospital Board
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ghiorsi & Sorrenti Inc
Capital Campaign Services
$288,279
Boca Raton Resort And Club(baton)
Catering And Events
$404,078
Premiere Multimedia Services
Audio Visual Services
$171,921
Sei Investments Company
Investment Services
$131,012
St Andrews Country Club
Banquet Services
$106,500
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$59,446,160
Investment income $4,787,518
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $92,673
Net Income from Fundraising Events -$1,996,247
Net Income from Gaming Activities $41,335
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $62,390,415

Grants Awarded

Over the last fiscal year, Boca Raton Regional Hospital Foundation Inc has awarded $32,524,383 in support to 11 organizations.

Grant RecipientAmount

BOCA RATON REGIONAL HOSPITAL INC

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Support Hospital Needs

$32,209,229

PEACEFUL MIND PEACEFUL LIFE

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Community Support

$95,500

JUNIOR LEAGUE OF BOCA RATON INC

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Community Support

$54,500

FLORIDA ATLANTIC UNIVERSITY FOUNDATION INC

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Community Support

$30,500

BOCA RATON HISTORICAL SOCIETY

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Community Support

$27,000

JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC

Org PageRecipient Profile

Boca Raton, FL

PURPOSE: Community Support

$25,054
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Boca Raton Regional Hospital Foundation Inc has recieved totaling $5,190,852.

Awarding OrganizationAmount
Bay Branch Foundation

Boca Raton, FL

PURPOSE: TO FINANCE OPERATIONS OF DONEE ORGANIZATION, CAPITAL PROJECTS AND FUNDRAISING EVENTS

$5,172,852
Irvin L Siegel Family Foundation Inc

Sarasota, FL

PURPOSE: GENERAL

$10,000
Roron Foundation Inc

Boca Raton, FL

PURPOSE: PROGRAM SERVICES

$5,000
Charna And Alan B Larkin Philanthropic Fund Inc

Boca Raton, FL

PURPOSE: GENERAL SUPPORT

$3,000
View Grant Recipient Profile

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