Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC
- Assets
- $0.0
- Revenue
- $14.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/1987
- Data as of
- 08/2020
- EIN
- 31-1111784
Organization Overview
Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC is located in Indianapolis, IN. The organization was established in 1987. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. Indiana University Health Ball Memorial Hospital Foundation Inc 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 08/2020, Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC generated $14.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $1.4m during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC has awarded 15 individual grants totaling $23,548,513. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT, PERFORM, AND CARRY OUT THE CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES OF INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL, INC. AND RELATED ORGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A SUPPORTING ORGANIZATION FOR IU HEALTH BALL MEMORIAL HOSPITAL AND ITS AFFILIATED ORGANIZATIONS, INCLUDING INDIANA UNIVERSITY HEALTH BLACKFORD HOSPITAL, INC., AND INDIANA UNIVERSITY HEALTH BALL MEMORIAL PHYSICIANS, INC., THE INDIANA UNIVERSITY HEALTH BALL MEMORIAL HOSPITAL FOUNDATION, INC. PROVIDED APPROXIMATELY $7.8 MILLION IN FUNDING TO IU HEALTH BALL MEMORIAL HOSPITAL AND IU HEALTH BLACKFORD HOSPITAL DURING 2020. AS OF 8/1/2020, IU HEALTH BALL MEMORIAL HOSPITAL FOUNDATION MERGED WITH AND INTO IU HEALTH FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director (part Year) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,599,872 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,599,872 |
| Total Program Service Revenue | $896,667 |
| Investment income | $1,274,298 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $176,640 |
| Net Gain/Loss on Asset Sales | -$385,775 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,561,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $176,170 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $176,130 |
| Fees for services: Other | $16,850 |
| Advertising and promotion | $0 |
| Office expenses | $1,639 |
| Information technology | $6,274 |
| Royalties | $0 |
| Occupancy | $349,819 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,986 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $410,170 |
| Insurance | $2,819 |
| All other expenses | $244,273 |
| Total functional expenses | $1,396,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC has awarded $176,170 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Indianapolis, IN PURPOSE: Grants and other assistance made to IU Health Ball Memorial Hospital were used to support patient programs, medical education, the purchase of medical equipment, and other donor designated purposes. | $167,545 |
Indianapolis, IN PURPOSE: Grants and other assistance made to Indiana University Health Blackford Hospital were used to support patient programs, the purchase of medical equipment, and other donor designated purposes. | $8,625 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana University Health Ball Memorial Hospital Foundation Inc HOSPITAL FOUNDATION INC has recieved totaling $10,000,000.
| Awarding Organization | Amount |
|---|---|
Indiana University Health Inc Indianapolis, IN PURPOSE: General Support | $10,000,000 |
Endowment Analysis
| Beg. Balance | $17,598,967 |
| Earnings | $305,000 |
| Net Contributions | $144,000 |
| Other Expense | $18,047,967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Hospital Sisters Of St Francis Foundation Inc Springfield, IL | $115,855,911 | $14,666,018 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Community Health Network Foundation Inc Indianapolis, IN | $96,702,775 | $20,395,245 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Ephraim Mcdowell Health Inc Danville, KY | $193,248,022 | $7,628,237 |
Legacy Foundation Of Central Wisconsin Inc Wisconsin Rapids, WI | $142,600,446 | $4,980,958 |
Marshfield Clinic Health System Foundation Inc Marshfield, WI | $149,772,122 | $21,068,703 |
Norton Healthcare Foundation Inc Louisville, KY | $67,267,345 | $14,532,158 |