Owensboro Health Foundation Inc

Organization Overview

Owensboro Health Foundation Inc, operating under the name Owensboro Health Foundation, is located in Owensboro, KY. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 05/2022, Owensboro Health Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owensboro 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 05/2022, Owensboro Health Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.3m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Owensboro Health Foundation has awarded 20 individual grants totaling $2,264,879. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE, STEWARD, AND DISTRIBUTE PHILANTROPIC FUNDS IN SUPPORT OF OWENSBORO HEALTH'S MISSION TO HEAL THE SICK AND IMPROVE HEALTH IN WESTERN KENTUCKY AND SOUTHERN INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS RAISED AND DISTRIBUTED BY OWENSBORO HEALTH FOUNDATION, INC. ARE IN SUPPORT OF THE CHARITABLE MISSION AND ACTIVITIES OF OWENSBORO HEALTH, INC. DURING THE REPORT PERIOD, 64 MAIN PROGRAMS SUPPORTED BY OWENSBORO HEALTH FOUNDATION, INC. IMPACTED THE LIVES OF 23,312 PEOPLE IN THE COMMUNITIES WE SERVE. POPULATIONS BENEFITTING THROUGH FOUNDATION FUNDING INCLUDE INDIVIDUALS WHO ARE UNINSURED OR UNDER-INSURED; BEREAVED PARENTS; CANCER SURVIVORS; CHILDREN WITH ASTHMA; CHILDREN ADMITTED TO THE OWENSBORO HEALTH EMERGENCY DEPARTMENT, SURGERY OR PEDIATRICS; NEW MOTHERS AND FATHERS; CANCER PATIENTS WHO CANNOT AFFORD MEDICINES; LOW-INCOME CANCER PATIENTS WITH CHRONIC LUNG AILMENTS; INDIVIDUALS FACING CRISES AND EMERGENCY SITUATIONS; NEONATAL INTENSIVE CARE PATIENTS; FAMILIES EXPERIENCING MEDICAL CRISES; MEDICAL PROFESSIONALS; ELDERLY INDIVIDUALS WHO ARE LOW INCOME; WORKING POOR AND RETIRED CANCER PATIENTS; INDIVIDUALS WITH PARKINSON'S DISEASE; AND PATIENTS WITH CHRONIC LUNG AILMENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$82,111
Related organizations$948,028
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$730,295
Noncash contributions included in lines 1a–1f $7,024
Total Revenue from Contributions, Gifts, Grants & Similar$1,760,434
Total Program Service Revenue$0
Investment income $97,732
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $217,116
Net Income from Fundraising Events -$3,789
Net Income from Gaming Activities $3,206
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,074,699

Grants Awarded

Over the last fiscal year, Owensboro Health Foundation Inc has awarded $308,263 in support to 3 organizations.

Grant RecipientAmount

OWENSBORO HEALTH INC

Org PageRecipient Profile

Owensboro, KY

PURPOSE: SUPPORT OF MISC PROGRAMMING

$228,263

KENTUCKY STATE TREASURER

PURPOSE: DISASTER RELIEF

$40,000

MUHLENBERG CTY LT DISASTER RECOVERY CMTE

PURPOSE: DISASTER RELIEF

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Owensboro Health Foundation Inc has recieved totaling $1,028,033.

Awarding OrganizationAmount
Owensboro Health Regional Hospital

Owensboro, KY

PURPOSE: COMMUNITY SUPPORT

$948,028
St Elizabeth Medical Center Inc

Edgewood, KY

PURPOSE: Program Support

$50,000
Whas Crusade For Children Inc

Louisville, KY

PURPOSE: $15,000.00 FOR NICVIEW CAMERA SYSTEM. THE CRUSADE FOR CHILDREN ENCOURAGES YOUR NEXT REQUEST TO FOCUS ON DIRECT SERVICES TO CHILDREN. FEEL FREE TO REACH OUT TO OUR OFFICE TO DISCUSS OPTIONS FOR THE NEXT GRANT PERIOD TO OPTIMIZE OPPORTUNITIES WITH THE CRUSADE.

$15,000
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,073,808
Net Contributions$473,266
Other Expense$333,723
Ending Balance$2,213,351

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