Carilion Clinic Foundation

Organization Overview

Carilion Clinic Foundation is located in Roanoke, VA. The organization was established in 1982. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Carilion Clinic Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carilion Clinic 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 09/2020, Carilion Clinic Foundation generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $2.0m during the year ending 09/2020. While expenses have increased by 11.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Carilion Clinic Foundation has awarded 27 individual grants totaling $5,254,211. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO IMPROVE THE HEALTH OF THE COMMUNITIES SERVED BY CARILION CLINIC'S HOSPITALS THROUGH FUNDRAISING, GRANTS, AND OTHER ACTIVITIES TO SUPPORT PATIENT CARE, COMMUNITY NEEDS, MEDICAL RESEARCH, AND CAPITAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CARILION CLINIC FOUNDATION SUPPORTS DEVELOPMENT AND OUTREACH AND SECURES PHILANTHROPIC SUPPORT FOR CARILION CLINIC'S 7 HOSPITALS AND MULTIPLE CLINIC SITES. GIFTS TO THE FOUNDATION SUPPORT CARILION CLINIC'S PATIENT CARE, COMMUNITY OUTREACH, MEDICAL RESEARCH AND CAPITAL NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,429,349
Investment income $318,708
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $266,305
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,803,158

Grants Awarded

Over the last fiscal year, Carilion Clinic Foundation has awarded $906,143 in support to 5 organizations.

Grant RecipientAmount

CARILION MEDICAL CENTER

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Hospice, Program Support

$648,319

RADFORD UNIVERSITY

PURPOSE: Program Support

$196,141

ROANOKE CITY PUBLIC SCHOOLS

PURPOSE: LIFT Project

$25,000

CARILION FRANKLIN MEMORIAL HOSPITAL

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Hospice, Program Support

$23,148

CARILION NEW RIVER MEDICAL CENTER

Org PageRecipient Profile

Roanoke, VA

PURPOSE: Hospice, Program Support

$13,535
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Carilion Clinic Foundation has recieved totaling $17,185.

Awarding OrganizationAmount
$10,000
The Ironman Foundation Inc

Tampa, FL

PURPOSE: SUPPORT SPECIFIC CHARITABLE PROGRAMS

$6,185
Mckesson Foundation

Dallas, TX

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

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