Greene Foundation
- Assets
- $4.4m
- Revenue
- $451.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Miamisburg, OH
- Founding
- 03/1976
- Data as of
- 12/2021
- EIN
- 31-0886949
Organization Overview
Greene Foundation, operating under the name Greene Medical Foundation, is located in Miamisburg, OH. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Greene 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, Greene Medical Foundation generated $451.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $849.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Greene Medical Foundation has awarded 16 individual grants totaling $6,264,685. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
(SEE SCHEDULE O FOR CONTINUATION) GREENE FOUNDATION SERVES DONORS BY PROVIDING ASSISTANCE IN FULFILLING PHILANTHROPIC WISHES AND MAINTAINING AN EFFICIENT CONDUIT FOR GIFTS TO BENEFIT GREENE MEMORIAL HOSPITAL INC, BEAVERCREEK MEDICAL CENTER, AND THEIR AFFILIATED PROGRAMS AND FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREENE FOUNDATION CONTRIBUTED $416,801 THROUGHOUT THE YEAR TO SUPPORT GREENE MEMORIAL HOSPITAL INC, BEAVERCREEK MEDICAL CENTER, AND THEIR AFFILIATED PROGRAMS AND FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nafie Jr John D Executive Director | Officer | 40 | $0 |
Barber Wendi CFO Region #1 | Officer | 1 | $0 |
Burns Terry Evp Chief Administration Officer | Trustee | 1 | $0 |
Haas Richard Evp Market Strategies From Sept-21 To Dec-21 | Trustee | 1 | $0 |
Dodds Rick President Soin-Kh Greene Memorial Until Jun-21 | Trustee | 1 | $0 |
Tryon Daniel W President Kh Greene Memoria Begin Dec-21 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,496 |
| Related organizations | $450 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $313,443 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,389 |
| Total Program Service Revenue | $4,026 |
| Investment income | $41,297 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,649 |
| Net Income from Fundraising Events | -$11,788 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $451,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $416,801 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $200,042 |
| Compensation of current officers, directors, key employees. | $26,006 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,849 |
| Pension plan accruals and contributions | $5,292 |
| Other employee benefits | $20,627 |
| Payroll taxes | $9,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,713 |
| Fees for services: Other | $686 |
| Advertising and promotion | $0 |
| Office expenses | $9,866 |
| Information technology | $30,757 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $731 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,974 |
| Total functional expenses | $848,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,107,237 |
| Savings and temporary cash investments | $242,472 |
| Pledges and grants receivable | $53,250 |
| Accounts receivable, net | $9,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,057 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,781,518 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,000 |
| Total assets | $4,403,834 |
| Accounts payable and accrued expenses | $7,613 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,613 |
| Net assets without donor restrictions | $1,634,950 |
| Net assets with donor restrictions | $2,761,271 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,403,834 |
Grants Awarded
Over the last fiscal year, Greene Foundation has awarded $416,801 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Miamisburg, OH PURPOSE: Support | $325,236 |
Miamisburg, OH PURPOSE: Support | $91,565 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greene Foundation has recieved totaling $20,450.
| Awarding Organization | Amount |
|---|---|
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $20,000 |
Greene Memorial Hospital Auxiliary Inc Miamisburg, OH PURPOSE: Support | $450 |
Endowment Analysis
| Beg. Balance | $823,131 |
| Earnings | $87,501 |
| Ending Balance | $910,632 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Jeanes Hospital Philadelphia, PA | $0 | $90,864,313 |
Lehigh Valley Hospital - Coordinated Health Allentown Allentown, PA | $172,900,540 | $112,544,100 |
Bay Park Community Hospital Toledo, OH | $58,778,879 | $103,810,079 |
Joint Township District Memorial Hospital St Marys, OH | $81,862,337 | $95,172,211 |
Blue Mountain Hospital Allentown, PA | $0 | $78,395,652 |
St Agnes Continuing Care Center Newtown Square, PA | $67,369,995 | $92,613,131 |
Cameron Memorial Community Hospital Inc Angola, IN | $108,637,429 | $91,161,239 |
Primary Health Network Sharon, PA | $64,443,221 | $87,200,080 |
Whitley Memorial Hospital Inc Columbia City, IN | $159,376,222 | $103,451,903 |
Arh Mary Breckinridge Health Services Inc Lexington, KY | $97,812,617 | $88,178,472 |
Waynesboro Hospital York, PA | $151,400,285 | $80,917,137 |