Washington Regional Medical Foundation

Organization Overview

Washington Regional Medical Foundation is located in Fayetteville, AR. The organization was established in 1989. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Regional Medical 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 12/2021, Washington Regional Medical Foundation generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $961.2k during the year ending 12/2021. 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

THE COMPANY OPERATES AS A FUND RAISING ORGANIZATION FOR THE BENEFIT OF WASHINGTON REGIONAL MEDICAL CENTER AND OTHER HEALTH RELATED NON-PROFIT COMMUNITY ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CANCER SUPPORT HOME (CSH) PROVIDES SERVICES TO PATIENTS THROUGHOUT THE REGION. THE MISSION OF THE CSH IS TO PROVIDE HOPE AND COMFORT TO THOSE LEARNING TO LIVE WITH CANCER. SUPPORT SERVICES ARE PROVIDED AT NO COST, AND INCLUDE SUPPORT GROUPS, A RESOURCE LIBRARY, A BOUTIQUE WITH WIGS, HATS, TURBANS AND MASTECTOMY SUPPLIES, OVERNIGHT LODGING, COUNSELING SERVICES, ART AND EXERCISE PROGRAMS. IN ADDITION, COMMUNITY EDUCATION AND FREE CANCER SCREENING ARE PROVIDED THROUGHOUT THE YEAR.


FAITH IN ACTION (FIA) IS A VOLUNTEER-BASED ORGANIZATION PROVIDING HOMEBOUND SENIORS WITH FREE NON-MEDICAL SERVICES TO HELP PROMOTE THEIR INDEPENDENCE, DIGNITY, AND QUALITY OF LIFE.


THE BENEVOLENCE FUND AT THE FOUNDATION IS FUNDED BY DONATIONS FROM EMPLOYEES THROUGHOUT WASHINGTON REGIONAL MEDICAL SYSTEM. THE FUNDS ARE PROVIDED TO OTHER EMPLOYEES WHO ARE EXPERIENCING PERSONAL HARDSHIPS AND ARE IN NEED OF FINANCIAL ASSISTANCE IN MAKING THEIR RENT, MORTGAGE, UTILITY OR SIMILAR PAYMENTS. THE APPLICATIONS ARE REVIEWED AND APPROVED BY A COMMITTEE WHO MEETS ON A REGULAR BASIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,149,669
Noncash contributions included in lines 1a–1f $2,961
Total Revenue from Contributions, Gifts, Grants & Similar$2,149,669
Total Program Service Revenue$0
Investment income $915,937
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $298,864
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $46,467
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,410,937

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Washington Regional Medical Foundation has recieved totaling $457,880.

Awarding OrganizationAmount
Claude And Betty Harris Foundation Inc

Louisville, KY

PURPOSE: CHARITABLE

$178,600
Alice L Walton Foundation

Bentonville, AR

PURPOSE: COVID CLINICAL HEALTH SUPPORT

$82,000
The Cancer Challenge

Bentonville, AR

PURPOSE: SUPPORT CANCER VICTIMS AND RESEARCH

$80,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: SUPPORT FOR THE CANCER SUPPORT HOME

$40,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: TO SUPPORT THE CANCER SUPPORT HOME

$40,000
Bodenhamer Foundation

Ft Collins, CO

PURPOSE: FOR CAPITAL CAMPAIGN FOR BUILDINGS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,780,140
Earnings$202,995
Net Contributions$25,560
Grants$32,014
Ending Balance$2,976,681

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