The Babies Hospital Foundation Inc
- Assets
- $950.8k
- Revenue
- $61.4k
- Investments
- $943.1k
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 07/1982
- Data as of
- 09/2024
- EIN
- 56-0547500
Organization Overview
The Babies Hospital Foundation Inc is located in Wilmington, NC. The organization was established in 1982. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Babies 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 09/2024, Babies Hospital Foundation Inc generated $61.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $62.6k during the year ending 09/2024. While expenses have increased by 2.7% per year over the past 8 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 2016, Babies Hospital Foundation Inc has awarded 37 individual grants totaling $380,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Taylor Cammack President | 1 | $0 | |
George Boylan VP And Sec. | 1 | $0 | |
William Oj Lynch Director | 1 | $0 | |
Dr Rv Fulk Director | 1 | $0 | |
Dr Gordon Coleman Director | 1 | $0 | |
Henry Hawthorne Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,868 |
| Capital Gain Net Income | $35,868 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,432 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,568 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $62,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,696 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $950,766 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Babies Hospital Foundation Inc has awarded $54,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PREVENT BLINDNESS IN NC PURPOSE: OPERATING SUPPORT | $4,000 |
BOYS & GIRLS CLUB OF SENC PURPOSE: OPERATING SUPPORT | $25,000 |
KIDS MAKING IT PURPOSE: OPERATING SUPPORT | $10,000 |
WELCOME HOME ANGEL PURPOSE: OPERATING SUPPORT | $5,000 |
DIAPER BANK OF NC PURPOSE: OPERATING SUPPORT | $5,000 |
ANTHONYS WAY PURPOSE: OPERATING SUPPORT | $5,000 |