Blanchard Valley Health Foundation
- Assets
- $26.5m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Findlay, OH
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 34-1370522
Organization Overview
Blanchard Valley Health Foundation is located in Findlay, OH. The organization was established in 1982. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blanchard Valley Health 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, Blanchard Valley Health Foundation generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blanchard Valley Health Foundation has awarded 23 individual grants totaling $14,081,716. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BLANCHARD VALLEY HEALTH FOUNDATION DEVELOPS RELATIONSHIPS THAT RESULT IN PHILANTHROPIC GIVING TO BENEFIT THE HEALTH OF THOSE SERVED BY BLANCHARD VALLEY HEALTH SYSTEM.
Describe the Organization's Program Activity:
AS A SEPARATE 501(C)(3) ORGANIZATION, BVHF MANAGES UNRESTRICTED, TEMPORARILY RESTRICTED, AND PERMANENTLY RESTRICTED GIFTS TO FUND: 1) DIRECT PATIENT CARE, 2) CONTINUING HEALTH EDUCATION FOR BLANCHARD VALLEY HEALTH SYSTEM STAFF AND COMMUNITY MEMBERS, 3) FACILITIES AND EQUIPMENT, AND 4) OTHER MAJOR INNOVATIVE HEALTH INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myron Lewis Chief Executive Officer | OfficerTrustee | 2 | $0 |
Dave Cytlak Chief Financial Officer | Officer | 2 | $0 |
Richard Polder MD Trustee | Trustee | 1 | $0 |
Karen George Chief Development Officer | OfficerTrustee | 40 | $121,115 |
Amy Ballinger Trustee | Trustee | 1 | $0 |
Barbara Plaugher Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $190,681 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,812,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,002,884 |
| Total Program Service Revenue | $0 |
| Investment income | $1,365,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $235,531 |
| Net Income from Fundraising Events | -$41,702 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,562,182 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500,000 |
| 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. | $84,537 |
| Compensation of current officers, directors, key employees. | $21,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $240,087 |
| Pension plan accruals and contributions | $19,297 |
| Other employee benefits | $90,551 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,519 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,851 |
| Office expenses | $8,465 |
| Information technology | $14,191 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $399 |
| Insurance | $1,923 |
| All other expenses | $0 |
| Total functional expenses | $2,446,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,132,864 |
| Pledges and grants receivable | $785,339 |
| 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 | $360 |
| Investments—publicly traded securities | $24,554,310 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,472,873 |
| Accounts payable and accrued expenses | $744 |
| 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 | $11,284,336 |
| Total liabilities | $11,285,080 |
| Net assets without donor restrictions | $1,086,069 |
| Net assets with donor restrictions | $14,101,724 |
| 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 | $26,472,873 |
Grants Awarded
Over the last fiscal year, Blanchard Valley Health Foundation has awarded $1,505,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BLANCHARD VALLEY CONTINUING CARE SERVICES PURPOSE: TFR CONT FRM DONOR | $160,131 |
BLANCHARD VALLEY REGIONAL HEALTH CENTER PURPOSE: TFR CONT FRM DONOR | $1,319,529 |
BLANCHARD VALLEY HEALTH SYSTEM PURPOSE: TFR CONT FRM DONOR | $25,340 |