The Huntsville Hospital Foundation Inc

Organization Overview

The Huntsville Hospital Foundation Inc is located in Huntsville, AL. The organization was established in 1978. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntsville 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 06/2022, Huntsville Hospital Foundation Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. While expenses have increased by 10.1% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

HUNTSVILLE HOSPITAL FOUNDATION INSPIRES PHILANTHROPIC PARTNERS TO INVEST IN MEDICAL TECHNOLOGY AND PROGRAMS THAT ADVANCE HUNTSVILLE HOSPITAL'S MISSION TO IMPROVE THE HEALTH OF THOSE WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O:


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Board, Officers & Key Employees

Name (title)Compensation
Sarah H Savage-Jones
President
$0
David A King
Chairman
$0
Bill Roark
Vice-Chairman
$0
Benjamin Cobb
Treasurer
$0
Lori Lioce Dnp
Secretary
$0
Andrea Alvarez
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Von Braun Center
Facility Rental Services
$146,067
International Creative Management
Entertainment Consulting
$110,000
Jerold Panas Linzy & Partners Inc
Fundraising Consulting
$105,328
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$213,433
Related organizations$1,344,613
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,954,437
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,512,483
Total Program Service Revenue$0
Investment income $581,005
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,899
Net Gain/Loss on Asset Sales $2,330,318
Net Income from Fundraising Events $1,063,355
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,525,778

Grants Recieved

Over the last fiscal year, we have identified 23 grants that The Huntsville Hospital Foundation Inc has recieved totaling $427,315.

Awarding OrganizationAmount
Community Foundation Of Greater Huntsville

Huntsville, AL

PURPOSE: HEALTH

$110,250
Fraternal Order Of Eagles Foundation

Grove City, OH

PURPOSE: EQUIPMENT/SUPPLIES

$53,139
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$50,900
Joy In Childhood Foundation Inc

Canton, MA

PURPOSE: Support Sick and Hungry Kids

$49,564
Lanier Family Foundation Inc

Huntsville, AL

PURPOSE: SUPPORTS HEALTH CARE PROGRAMS

$25,000
American Junior Golf Foundation Inc

Braselton, GA

PURPOSE: GENERAL SUPPORT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,286,990
Earnings-$2,164,755
Net Contributions$120,089
Other Expense-$524
Ending Balance$8,242,848

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