Pisgah Health Foundation

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 12/2021, Pisgah Health Foundation employed 7 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 12/2021, Pisgah Health Foundation generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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, Pisgah Health Foundation has awarded 149 individual grants totaling $10,880,207. 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

2021

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


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Board, Officers & Key Employees

Name (title)Compensation
Lex Green CPA
President
$150,000
Cathleen Blanchard
Board Chair
$0
David Neumann ESQ
Board Treasurer
$0
Jamie Ramsey MD
Board Secretary
$0
Jeremy Purcell
Board Vice-Chair
$0
Jim Wright MD
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sharecare Inc
Administration Of Wellness Program
$1,000,000
Ed Burdette Construction
Renovation
$124,025
View All Vendors

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$5,499,366
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,499,366
Total Program Service Revenue$0
Investment income $136,134
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,706
Net Gain/Loss on Asset Sales $492,465
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,136,671

Grants Awarded

Over the last fiscal year, Pisgah Health Foundation has awarded $738,061 in support to 54 organizations.

Grant RecipientAmount

THE HOUSING ASSISTANCE CORPORATION

Org PageRecipient Profile

Hendersonville, NC

PURPOSE: HOME REPAIR

$50,000

MOUNTAIN PROJECTS INC

Org PageRecipient Profile

Waynesville, NC

PURPOSE: HOME REPAIR

$40,000

Asheville, NC

PURPOSE: COVID NEEDS

$40,000

COMMUNITY HOUSING COALITION OF MADISON COUNTY

Org PageRecipient Profile

Marshall, NC

PURPOSE: HOME REPAIR

$30,000

FOSTERING HOPES INC

Org PageRecipient Profile

Asheville, NC

PURPOSE: MARKETING

$25,000

Asheville, NC

PURPOSE: BLDG REPAIR

$20,220
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Pisgah Health Foundation has recieved totaling $828,994.

Awarding OrganizationAmount
Dogwood Health Trust

Asheville, NC

PURPOSE: PHF FOOD RESOURCE MATCHING GRANT

$482,000
Dogwood Health Trust

Asheville, NC

PURPOSE: PISGAH HEALTH FOUNDATION REGIONAL HOME REPAIR

$200,000
Dogwood Health Trust

Asheville, NC

PURPOSE: PHF FOOD RESOURCE MATCHING GRANT

$145,994
Billi Marcus Foundation Inc

Atlanta, GA

PURPOSE: GENERAL OPERATIONS

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,193,057
Earnings$9,712
Net Contributions$5,000,000
Grants$1,537,507
Ending Balance$15,665,262

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