Baptist Health Foundation Paducah Inc

Organization Overview

Baptist Health Foundation Paducah Inc is located in Louisville, KY. The organization was established in 2009. 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. Baptist Health Foundation Paducah 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 08/2023, Baptist Health Foundation Paducah Inc generated $6.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $5.6m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST, ADVANCE AND STRENGTHEN BAPTIST HEALTH PADUCAH HOSPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF THE BAPTIST HEALTH FOUNDATION PADUCAH IS TO PROMOTE PHILANTHROPY AND CHARITABLE GIVING TO PROVIDE RESOURCES TO ASSIST, ADVANCE, AND STRENGTHEN BAPTIST HEALTH PADUCAH, A HOSPITAL OWNED AND OPERATED BY BAPTIST HEALTHCARE SYSTEM, INC., IN FULFILLING THE MISSION OF THE HOSPITAL AND BAPTIST HEALTHCARE SYSTEM, INC. PROVIDING FOR THE REGION'S HEALTH NEEDS. BAPTIST HEALTH PADUCAH PROVIDES MEDICALLY NECESSARY CARE TO ALL PATIENTS REGARDLESS OF RACE, RELIGION, SEX, NATIONAL ORIGIN, DISABILITY, AGE OR ABILITY TO PAY. DONATIONS MADE TO BAPTIST HEALTH FOUNDATION PADUCAH ARE USED TO SUPPORT PATIENT CARE AND CAPITAL NEEDS OF BAPTIST HEALTH PADUCAH HOSPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
Matt Bailey
Interim Pres (through 10/9/22)
$0
Kenny Boyd
Pres & Dir (effective 10/10/22)
$0
Allison Rains MD
Director (effective 1/1/23)
$0
Peter Locken MD
Director
$0
Roy Riley
Director (through 12/31/22)
$0
Mardie Herndon
Chair & Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$268,684
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,204,280
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,472,964
Total Program Service Revenue$0
Investment income $121,324
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$184,285
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,410,003

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