Baptist Healthcare System Inc

Organization Overview

Baptist Healthcare System Inc is located in Louisville, KY. The organization was established in 1937. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 08/2021, Baptist Healthcare System Inc employed 17,461 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Healthcare System 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 08/2020, Baptist Healthcare System Inc generated $2.5b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $2.2b during the year ending 08/2020. While expenses have increased by 7.8% 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, Baptist Healthcare System Inc has awarded 247 individual grants totaling $137,882,794. 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

PROVIDE QUALITY HEALTHCARE SERVICES & ENHANCE THE HEALTH OF THE PEOPLE & COMMUNITIES WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Labcorp
Service Contract
$26,373,873
Logans
Service Contract
$7,289,452
Siemens Medical Solutions Usa Inc
Service Contract
$7,890,319
Epic Systems Corporation
Software And Consulting
$6,622,496
One Anesthesia Pllc
Medical Staffing
$6,324,850
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$94,908,929
Investment income $21,740,197
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $14,955,971
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,507,006,969

Grants Awarded

Over the last fiscal year, Baptist Healthcare System Inc has awarded $133,026,383 in support to 43 organizations.

Grant RecipientAmount

BAPTIST HEALTH MEDICAL GROUP INC

Org PageRecipient Profile

Louisville, KY

PURPOSE: Subsidize Services

$131,304,314

BAPTIST HEALTH FOUNDATION HARDIN

Org PageRecipient Profile

Elizabethtown, KY

PURPOSE: General Support

$400,345

FLOYD MEMORIAL FOUNDATION

Org PageRecipient Profile

New Albany, IN

PURPOSE: General Support

$240,293

LOUISVILLE SOUTH FC INCORPORATED

Org PageRecipient Profile

Louisville, KY

PURPOSE: General Support

$184,770

Lexington, KY

PURPOSE: General Support

$155,000

CITY OF LANCASTER KENTUCKY

PURPOSE: General Support

$91,702
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Baptist Healthcare System Inc has recieved totaling $1,120,083.

Awarding OrganizationAmount
Iha Hospital Assistance Foundation Inc

Indianapolis, IN

PURPOSE: FINANCIAL ASSISTANCE RELATED TO ECONOMIC BURDEN AS DESCRIBED BELOW.

$542,141
Floyd Memorial Foundation Inc

New Albany, IN

PURPOSE: MEDICAL EQUIPMENT, TECHNOLOGY, RESOURCES

$373,331
Mayo Clinic Group Return

Rochester, MN

PURPOSE: SUPPORT CHARITABLE PROGRAMS

$148,561
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: MEDICAL / PUBLIC SERVICES

$25,000
Alliance Nctn Foundation

Chicago, IL

PURPOSE: INSTITUTIONAL SUPPORT FOR CANCER RESEARCH

$16,050
The Lexington Cancer Foundation Inc

Lexington, KY

PURPOSE: ASSISTANCE WITH PURCHASING A SURGICAL GUIDANCE SYSTEM FOR BREAST CANCER SURGERY - SCOUT WIRE-FREE RADAR LOCALIZATION SYSTEM.

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,010,115,413
Earnings$164,798,774
Admin Expense$2,537,668
Net Contributions$163,135,945
Other Expense$41,021,909
Ending Balance$1,294,490,555

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