Better Health Foundation
- Assets
- $41.2m
- Revenue
- $40.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Davenport, IA
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 46-2452851
Organization Overview
Better Health Foundation is located in Davenport, IA. The organization was established in 2014. 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. As of 06/2023, Better Health Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better 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 06/2023, Better Health Foundation generated $40.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 55.2% each year . All expenses for the organization totaled $647.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Better Health Foundation has awarded 45 individual grants totaling $4,064,337. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BETTER HEALTH FOUNDATION IS TO MOBILIZE PHILANTHROPY TO MEASURABLY IMPROVE COMMUNITY HEALTH FOR ALL THE PEOPLE OF THE 9-COUNTY GREATER QUAD CITIES REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE BETTER HEALTH FOUNDATION (BHF) IS TO MOBILIZE PHILANTHROPY TO MEASURABLY IMPROVE COMMUNITY HEALTH FOR ALL THE PEOPLE OF THE 9-COUNTY GREATER QUAD CITIES REGION. BHF IS COMMITTED TO COLLABORATION AND THE COMMUNITY, AND USES ITS FUNDING TO PRODUCE COMMUNITY HEALTH RESULTS. THE FOUNDATION DEFINES THE GREATER QUAD CITIES REGION AS ENCOMPASSING NINE COUNTIES, AS FOLLOWS: (IOWA) CEDAR, CLINTON, LOUISA, MUSCATINE AND SCOTT; (ILLINOIS) HENRY, MERCER, ROCK ISLAND AND WHITESIDE. THE VISION OF THE BETTER HEALTH FOUNDATION IS A REGION THAT THRIVES BECAUSE ALL OF THE MEMBERS OF ITS COMMUNITIES ARE ENGAGED IN IMPROVING THEIR HEALTH AND THAT OF THEIR NEIGHBORS. BHF ENVISIONS ENGAGEMENT OF INDIVIDUALS AND COMMUNITIES IN THEIR OWN HEALTH IMPROVEMENTS. THE FOUNDATION'S ROLE, AND THAT OF ITS GRANTEES, IS TO ENABLE COMMUNITY ACTION. BETTER HEALTH FOUNDATION ORGANIZES ITS GRANTMAKING INTO THREE THEMATIC AND ONE GENERAL AREA OF WORK: CAPACITY BUILDING AND SERVICE SUPPORT GRANTS ARE INTENDED TO STRENGTHEN THE OPERATIONS AND PROGRAMS OF NONPROFITS AND NONPROFIT PARTNERSHIPS IN THE REGION SO AS TO INCREASE THEIR SERVICE REACH AND THEIR ABILITY TO GENERATE SIGNIFICANT COMMUNITY HEALTH RESULTS. INNOVATION GRANTS ARE INTENDED TO BRING NEW PLAYERS, NEW METHODS, OR NEW PARTNERSHIPS TO COMMUNITY HEALTH PRIORITIES TO IMPROVE COMMUNITY HEALTH RESULTS. THE FOCUS IS ON IDENTIFYING AND TRYING NEW IDEAS AND NEW APPROACHES, EITHER CREATED DE NOVO IN THE REGION OR REPLICATED IN THE REGION FROM ELSEWHERE IN THE NATION WHERE SUCCESS HAS BEEN EXPERIENCED. SOLUTIONS AT SCALE GRANTS ARE INTENDED TO ENABLE INITIATIVES WITH CLEAR EVIDENCE OF EFFECTIVENESS TO BE ADOPTED THROUGHOUT THE REGION BY A SIGNIFICANT NUMBER OF ORGANIZATIONS SERVING A SIGNIFICANT NUMBER OF COMMUNITIES. DISCRETIONARY GRANTS ARE INTENDED TO RESPOND TO ORGANIZATIONAL EMERGENCIES OF THE REGION'S NONPROFITS OR TO UNEXPECTED OPERATIONAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/treasurer | OfficerTrustee | 1.5 | $0 |
Name Not Listed Vice President | OfficerTrustee | 1.5 | $0 |
Name Not Listed President | OfficerTrustee | 1.5 | $0 |
Name Not Listed Director | Trustee | 1.5 | $0 |
Name Not Listed Director | Trustee | 1.5 | $0 |
Name Not Listed Former Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $40,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,177,623 |
| Total Program Service Revenue | $20,000 |
| Investment income | $668,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,865,850 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $440,578 |
| 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. | $28,102 |
| Compensation of current officers, directors, key employees. | $14,051 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,291 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,933 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,779 |
| Advertising and promotion | $1,925 |
| Office expenses | $10,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,052 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $647,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,356 |
| Savings and temporary cash investments | $40,195,501 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,337 |
| 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 | $2,620 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $814,144 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,168,958 |
| Accounts payable and accrued expenses | $22,999 |
| 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 | $22,999 |
| Net assets without donor restrictions | $40,317,991 |
| Net assets with donor restrictions | $827,968 |
| 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 | $41,168,958 |
Grants Awarded
Over the last fiscal year, Better Health Foundation has awarded $435,291 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GENESIS HEALTH SYSTEM IOWA PURPOSE: FOR FAMILY CONNECTS AND FOOD PLEX DIABETES PROGRAM | $125,212 |
GENESIS HEALTH SERVICES FOUNDATION PURPOSE: FAMILY CONNECTS PROGRAM | $123,979 |
VERA FRENCH FOUNDATION PURPOSE: Multisystemic Therapy Program | $75,000 |
TOGETHER MAKING A BETTER COMMUNITY PURPOSE: Walk-in Program-access to healthcare for minorities and nursing certification education to minorities | $25,000 |
EMPOWER HOUSE PURPOSE: Support for facility for people with brain injuries | $21,100 |
DEWITT COMMUNITY FOUNDATION PURPOSE: Fieldstone of Dewitt Project-Senior living and campus care | $50,000 |