Parkview Wabash Hospital Foundation Inc

Organization Overview

Parkview Wabash Hospital Foundation Inc is located in Wabash, IN. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkview Wabash 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 12/2021, Parkview Wabash Hospital Foundation Inc generated $573.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $175.6k during the year ending 12/2021. 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 SERVE AS THE PRIMARY FUNDRAISING ENTITY FOR PARKVIEW WABASH HOSPITAL, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PARKVIEW WABASH HOSPITAL FOUNDATION, INC. IS A COLLECTION OF INDIVIDUAL, BUSINESS, AND INSTITUTIONAL DONORS WHO RECOGNIZE PARKVIEW WABASH HOSPITAL, INC. AS AN AGENT FOR SAVING AND CHANGING LIVES AND A VEHICLE FOR CREATING HEALTHIER COMMUNITIES FOR GENERATIONS TO COME. EACH GIFT TO PARKVIEW WABASH HOSPITAL FOUNDATION, INC. IS VITAL TO THE HOSPITAL'S MISSION OF IMPROVING THE HEALTH OF THE COMMUNITY. IN 2021, DESPITE CONTINUING DISRUPTIONS BROUGHT ABOUT BY THE PANDEMIC, THESE GIFTS WERE USED FOR IMPROVEMENTS AND ENHANCEMENTS IN A NUMBER OF AREAS.(SEE SCHEDULE O FOR CONTINUATION)THROUGH GENEROUS GIFTS PROVIDED BY PARKVIEW WABASH HOSPITAL FOUNDATION, INC. DONORS, PARKVIEW WABASH HOSPITAL, INC. PURCHASED EIGHT NEW PATIENT TRANSPORT CHAIRS FOR USE IN THE MEDICAL OFFICE BUILDING AND THROUGHOUT THE ADJACENT HOSPITAL, CONTINUING AN INITIATIVE TO IMPROVE PATIENT COMFORT AND PROVIDE GREATER SAFETY FOR PATIENTS AND STAFF ALIKE. CO-WORKERS AND DEPARTMENTS SEEKING TO IMPROVE PATIENT CARE AND TREATMENT THROUGH INNOVATIVE PROGRAMS OR ENHANCED SKILLS TRAINING RECEIVED FOUNDATION SUPPORT. DONATIONS TO THIS AREA HELP ENSURE THAT COMMUNITY MEMBERS ARE TREATED BY HEALTHCARE PROFESSIONALS WHO POSSESS THE MOST UP-TO-DATE KNOWLEDGE. PARKVIEW WABASH HOSPITAL. INC. CO-WORKERS WERE ABLE TO TAKE ADVANTAGE OF EDUCATIONAL OPPORTUNITIES IN A YEAR WHEN MOST TRAINING OFFERINGS WERE VIRTUAL. DURING 2021, THE FOUNDATION COMPLETED THE FUNDING PROCESS FOR THE HOSPITAL TO PURCHASE TWO MAJOR EQUIPMENT ITEMS THAT IMPROVED THE EFFECTIVENESS OF CO-WORKERS' PERFORMANCE AND THE CARE PROVIDED TO ITS PATIENTS. COMPONENTS OF THE PYXIS IV PREP WORKFLOW MANAGEMENT SYSTEM AT THE HOSPITAL'S PHARMACY WERE PURCHASED IN A TRIO OF SPRING AND FALL INSTALLMENTS. THE SYSTEM IS AN INTEGRAL PART OF THE PHARMACEUTICAL ASPECT OF CARE AND SAFETY THROUGHOUT THE FACILITY. THE FOUNDATION ALSO PROVIDED FUNDING FOR THE PURCHASE OF A LUCAS DEVICE CHEST COMPRESSION SYSTEM FOR THE EMERGENCY DEPARTMENT TO USE WHEN RESPONDING TO ADULT PATIENTS IN CARDIAC ARREST.THE SAFETY OF THE HOSPITAL'S EMERGENCY MEDICAL SERVICES CO-WORKERS WAS ENHANCED IN 2021 BY FOUNDATION FUNDING OF A LIFT DEVICE TO FACILITATE MOVEMENT OF OXYGEN TANKS IN AND OUT OF AMBULANCES.DURING 2021, FOUNDATION FUNDING PROVIDED CLOTHES FOR EMERGENCY ROOM PATIENTS UNABLE TO WEAR DAMAGED AND STAINED CLOTHES OUT OF THE HOSPITAL UPON DISCHARGE. THE FOUNDATION ALSO ADMINISTERS THE LEON RIBLEY SCHOLARSHIP PROGRAM, WHICH PROVIDED ACADEMIC ASSISTANCE IN 2021 TO FOUR STUDENTS ENROLLED IN POST-SECONDARY STUDIES IN HEALTHCARE-RELATED FIELDS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$475
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$105,919
Noncash contributions included in lines 1a–1f $491
Total Revenue from Contributions, Gifts, Grants & Similar$106,394
Total Program Service Revenue$89,092
Investment income $156,365
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $221,911
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $573,762

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Parkview Wabash Hospital Foundation Inc has recieved totaling $52,135.

Awarding OrganizationAmount
Community Foundation Of Wabash County Inc

North Manchester, IN

PURPOSE: DESIGNATED SCHEDULED

$52,135
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,304,866
Earnings$230,865
Admin Expense$11,719
Grants$2,000
Ending Balance$1,522,012

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