The Dch Foundation Inc

Organization Overview

The Dch Foundation Inc is located in Tuscaloosa, AL. The organization was established in 1977. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dch 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 09/2021, Dch Foundation Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $3.7m during the year ending 09/2021. While expenses have increased by 20.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FUNDS TO ENHANCE THE MEDICAL FACILITIES FOR THE DCH HEALTH SYSTEM WITH A FOCUS ON DCH REGIONAL MEDICAL CENTER AND NORTHPORT MEDICAL CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DCH FOUNDATION PROVIDED FUNDING AND SUPPORT TO DCH REGIONAL MEDICAL CENTER FOR VARIOUS PROGRAMS RELATED TO THE MEDICAL TREATMENT OF ITS PATIENTS.WHEN A COMMUNITY COMES TOGETHER IN PHILANTHROPY, WE CREATE A POSITIVE FORCE THAT OFFERS THE GREATEST HOPE FOR A BETTER HEALTHCARE FUTURE FOR EVERY PERSON, EVERY FAMILY EVERY DAY.OUR COMMUNITY IS STRONG AND VIBRANT, AND TOGETHER WE WILL CARRY ON OUR EFFORTS TO HELP OUR PATIENTS IN NEED. THE DCH FOUNDATION CONTINUES TO WORK CLOSELY WITH THE DCH HEALTH SYSTEM TO ADDRESS HEALTH CARE CHALLENGES THROUGH OUR JOINT BOARD TASK FORCE, COMPRISED OF LEADERS FROM THE FOUNDATION AND HEALTH SYSTEM BOARDS. THEIR LOVE FOR THIS COMMUNITY AND DESIRE FOR OUR HEALTH SYSTEM'S EXCELLENCE ENSURES YOUR GENEROSITY WILL HAVE THE GREATEST POSSIBLE IMPACT ON THE PATIENTS WE TREAT WHETHER THEY ARE YOUR FRIENDS, FAMILY, OR NEIGHBORS YOU JUST HAVEN'T MET YET.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Burch
President
$0
Sam Brewer
Vice President
$0
Lee Henderson
Past President
$0
Tim Parker Jr
Secretary
$0
Bryan N Kindred
Board Member
$0
Julie Smith
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$378,466
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,301,562
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,680,028
Total Program Service Revenue$0
Investment income $174,632
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $274,385
Net Income from Fundraising Events $341,560
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,470,605

Grants Awarded

Over the last fiscal year, The Dch Foundation Inc has awarded $517,294 in support to 2 organizations.

Grant RecipientAmount

DCH REGIONAL MEDICAL CENTER

PURPOSE: VARIOUS PROGRAMS

$456,369

DCH REGIONAL MEDICAL CENTER

PURPOSE: PMTS ON BEHALF

$60,925
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Dch Foundation Inc has recieved totaling $12,500.

Awarding OrganizationAmount
Ernest G & Cecil B Williams Foundation

Birmingham, AL

PURPOSE: FUND CHARITABLE ORGANIZATIONS

$12,000
Grant J Ostlund Jr Foundation Inc

Hawthorne, FL

PURPOSE: SUPPORT OF DCH HEALTH SYSTEM

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$488,565
Net Contributions$112,954
Ending Balance$601,519

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