Bedford Community Health Foundation Inc
- Assets
- $6.1m
- Revenue
- $482.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Bedford, VA
- Founding
- 03/1981
- Data as of
- 12/2023
- EIN
- 54-1088024
Organization Overview
Bedford Community Health Foundation Inc is located in Bedford, VA. The organization was established in 1981. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Bedford Community Health Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bedford Community Health 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 12/2023, Bedford Community Health Foundation Inc generated $482.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $638.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bedford Community Health Foundation Inc has awarded 134 individual grants totaling $1,100,129. 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
* WORKS TO IDENTIFY AND ADDRESS COMMUNITY HEALTH NEEDS* AWARDS SCHOLARSHIPS FOR NURSING PROGRAMS AND ALLIED HEALTH EDUCATION* MAKES GRANTS TO NON-PROFIT ORGANIZATIONS PROVIDING DIRECT HEALTH SERVICES* ENCOURAGES COMMUNITY INVOLVEMENT THROUGH DONATIONS AND SERVICE* SERVES AS A COMMUNITY HEALTH INFORMATION RESOURCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL SUPPORT FOR RESCUE SQUAD & HOSPITAL EQUIPMENT PURCHASES, NON-EMERGENCY MEDICAL TRANSPORTATION, AND HOSPICE SUPPORT.
TO PROVIDE FINANCIAL SUPPORT FOR SCHOOL NURSE AND DENTAL PROGRAMS, NURSING SCHOLARSHIPS AND COMMUNITY HEALTH AND NUTRITION EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Hurt Chair Person | OfficerTrustee | 2 | $0 |
Patricia Knox Vice Chair Person | OfficerTrustee | 2 | $0 |
Jason Owens Treasurer | OfficerTrustee | 2 | $0 |
Jane Winters Trustee | Trustee | 2 | $0 |
Mary Zirkle Trustee | Trustee | 2 | $0 |
John Stafford Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,918 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $228,081 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,999 |
| Total Program Service Revenue | $0 |
| Investment income | $138,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $102,282 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $482,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $189,461 |
| Grants and other assistance to domestic individuals. | $21,568 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,600 |
| Compensation of current officers, directors, key employees. | $20,784 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,425 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31,119 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,833 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $449 |
| 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 | $2,777 |
| Insurance | $1,855 |
| All other expenses | $3,622 |
| Total functional expenses | $637,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,481 |
| 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 | $514 |
| Net Land, buildings, and equipment | $1,326 |
| Investments—publicly traded securities | $5,885,259 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,111,580 |
| Accounts payable and accrued expenses | $3,038 |
| 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 | $3,038 |
| Net assets without donor restrictions | $3,969,418 |
| Net assets with donor restrictions | $2,139,124 |
| 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 | $6,111,580 |
Grants Awarded
Over the last fiscal year, Bedford Community Health Foundation Inc has awarded $123,645 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PATRICK HENRY FAMILY SERVICES PURPOSE: SUPPORT FOR HOMES FOR HOPE PROGRAM | $5,600 |
BEDFORD HOSPICE HOUSE PURPOSE: TO PROVIDE SUPPORT FOR THE SENIOR SCHOLARSHIP PROGRAM | $6,000 |
VA HUNTERS WHO CARE INC PURPOSE: TO ASSIST IN PROVIDING FOOD TO THOSE IN NEED | $6,000 |
AMERICAN RED CROSS PURPOSE: FOR DISASTER RELIEF AND FIRE RESPONSE | $6,100 |
SML GOOD NEIGHBORS PURPOSE: TO SUPPORT STAFF SALARIES FOR PROGRAM | $6,618 |
BEDFORD PUBLIC LIBRARY SYSTEM PURPOSE: TO ASSIST WITH HEALTH EDUCATION MATERIALS | $7,000 |