Pisgah Health Foundation
- Assets
- $15.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Brevard, NC
- Founding
- 08/1985
- Data as of
- 12/2022
- EIN
- 56-1458024
Organization Overview
Pisgah Health Foundation is located in Brevard, NC. The organization was established in 1985. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2022, Pisgah Health Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pisgah 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 12/2022, Pisgah Health Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pisgah Health Foundation has awarded 161 individual grants totaling $11,646,653. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVE AND ADMINISTER CHARITABLE CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ORGANIZATION BEGAN AWARDING MODERATE LEVEL GRANTS TO PERTINENT NON-PROFIT ORGANIZATIONS DESIGNED TO IMPROVE THE SOCIAL DETERMINANTS OF HEALTH IN WESTERN NORTH CAROLINA. WE ALSO LAUNCHED A COMMUNITY-BASED HEALTH AND WELLNESS PROGRAM IN TRANSYLVANIA COUNTY. OUR ACCOMPLISHMENTS AND NOTEWORTHY NEWS DEVELOPMENTS CAN BE FOUND AT OUR WEBSITE: PISGAHHEALTHFOUNDATION.ORG
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathleen Blanchard Board Chair | OfficerTrustee | 18 | $0 |
Jeremy Purcell Board Treasurer | OfficerTrustee | 2 | $0 |
Jamie Ramsey MD Board Secretary | OfficerTrustee | 2 | $0 |
David Neumann ESQ Board Vice-Chair | OfficerTrustee | 2 | $0 |
Art Fisher Board Member | Trustee | 1 | $0 |
Jim Tyson MD Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ed Burdette Construction Renovation | 12/30/21 | $124,025 |
Sharecare Inc Administration Of Wellness Program | 12/30/21 | $1,000,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,356,186 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,356,186 |
| Total Program Service Revenue | $0 |
| Investment income | $145,923 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,015 |
| Net Gain/Loss on Asset Sales | $14,186 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,528,910 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $224,875 |
| Grants and other assistance to domestic individuals. | $16,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,745 |
| Compensation of current officers, directors, key employees. | $122,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,803 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,967 |
| Payroll taxes | $31,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,777 |
| Fees for services: Accounting | $64,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $949,222 |
| Advertising and promotion | $49,736 |
| Office expenses | $23,734 |
| Information technology | $26,992 |
| Royalties | $0 |
| Occupancy | $58,593 |
| Travel | $3,039 |
| 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 | $10,645 |
| Insurance | $0 |
| All other expenses | $22,595 |
| Total functional expenses | $1,965,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328 |
| Savings and temporary cash investments | $902,724 |
| Pledges and grants receivable | $63,847 |
| Accounts receivable, net | $3,055 |
| 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 | $13,878 |
| Net Land, buildings, and equipment | $736,342 |
| Investments—publicly traded securities | $13,405,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,125,381 |
| Accounts payable and accrued expenses | $144,379 |
| 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 | $722,772 |
| Other liabilities | $0 |
| Total liabilities | $867,151 |
| Net assets without donor restrictions | $7,996,207 |
| Net assets with donor restrictions | $6,262,023 |
| 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 | $15,125,381 |
Grants Awarded
Over the last fiscal year, Pisgah Health Foundation has awarded $219,875 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE HENDERSONVILLE CONNECTIONS CENTER PURPOSE: STAFFING AND OPERATIONS | $100,000 |
HUNGER COALITION OF TRANSYLVANIA COUNTY PURPOSE: FOOD RESOURCE | $9,980 |
FOUR SEASONS HOSPICE PURPOSE: UNRESTRICTED | $12,895 |
COMMUNITY HOUSING COALITION OF MADISON COUNTY PURPOSE: HOME REPAIR | $20,000 |
THE HOUSING ASSISTANCE CORPORATION PURPOSE: HOME REPAIR | $25,000 |
CALVARY BAPTIST CHURCH PURPOSE: FOOD RESOURCE | $10,000 |