Indiana Healthcare Foundation

Organization Overview

Indiana Healthcare Foundation is located in Indiana, PA. The organization was established in 1989. 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 06/2021, Indiana Healthcare Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Healthcare 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 06/2021, Indiana Healthcare Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $300.3k during the year ending 06/2021. 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

TO PROVIDE SUPPORT FOR INDIANA REGIONAL MEDICAL CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIANA HEALTHCARE FOUNDATION CONDUCTS FUNDRAISING ACTIVITIES IN SUPPORT OF INDIANA REGIONAL MEDICAL CENTER ("IRMC"). IRMC IS A NON-PROFIT, COMMUNITY BASED HEALTH SYSTEM THAT OFFERS A WIDE RANGE OF SERVICES INCLUDING INPATIENT ACUTE CARE SERVICES, WIDE RANGE OF OUTPATIENT DIAGNOSTICS, SURGERY, PEDIATRICS, OBSTETRICS, GERIATRIC BEHAVIORAL HEALTHCARE, REHABILITATIVE NURSING, ONCOLOGY SERVICES, BOTH CHEMOTHERAPY AND RADIATION THERAPIES AND CARDIAC CARE INCLUDING INTERVENTIONAL CARDIOLOGY . THE MEDICAL CENTER DEMONSTRATES AN ONGOING COMMITMENT TO THE COMMUNITY BY CONTINUALLY REVIEWING AND IMPROVING ITS SERVICES TO ENSURE THAT THE COMMUNITY RECEIVES TOP-QUALITY, EFFICIENT, ACCESSIBLE, COST-EFFECTIVE HEALTHCARE AND QUALITY OUTREACH AND HEALTH PROMOTION SERVICES. IRMC IS THE SOLE PROVIDER IN THE COUNTY THAT SERVES 85,000 RESIDENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$128,514
Related organizations$0
Government grants $19,971
All other contributions, gifts, grants, and similar amounts not included above$404,932
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$553,417
Total Program Service Revenue$0
Investment income $880,409
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $30,800
Net Income from Fundraising Events -$21,370
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,501,280

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Indiana Healthcare Foundation has recieved totaling $33,913.

Awarding OrganizationAmount
W Ralph & Ruby Ober Smith Charitable Remainder Unitrust

Indiana, PA

PURPOSE: FINANCIAL SUPPORT

$23,088
S&t Bancorp Charitable Foundation

Indiana, PA

PURPOSE: CHARITABLE

$10,500
Equitable Foundation Inc

New York, NY

PURPOSE: GENERAL SUPPORT

$325
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,937,129
Earnings$1,291,132
Ending Balance$8,228,261

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