Pardee Memorial Hospital Foundation Inc
- Assets
- $3.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Hendersonville, NC
- Founding
- 01/1996
- Data as of
- 06/2022
- EIN
- 56-1930028
Organization Overview
Pardee Memorial Hospital Foundation Inc is located in Hendersonville, NC. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pardee Memorial 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 06/2022, Pardee Memorial Hospital Foundation Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT HENDERSON COUNTY HOSPITAL CORPORATION D/B/A MARGARET R. PARDEE MEMORIAL HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RECEIVED AND ADMINISTERED CHARITABLE CONTRIBUTIONS AND OTHER FUNDS TO STRENGTHEN AND FURTHER THE WORK AND SERVICE OF HENDERSON COUNTY HOSPITAL CORPORATION D/B/A MARGARET R. PARDEE MEMORIAL HOSPITAL. DURING THE FISCAL YEAR, THE FOUNDATION FOCUSED ON GROWING ITS BASE OF DONORS, RETENTION OF MAJOR GIFT DONORS, AND STEWARDSHIP OF ALL DONORS.
WOMEN HELPING WOMEN IS IN ITS 22ND YEAR OF RAISING MONEY TO BE USED TO ASSIST UNINSURED AND UNDERINSURED WOMEN RECEIVE NEEDED HEALTHCARE. AN ANNUAL EVENT RAISES THE MONEY AND REQUESTS FOR FINANCIAL ASSISTANCE ARE HANDLED BY PRACTICE MANAGERS IN THE PARDEE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patsy Farmer Jones Secretary | OfficerTrustee | 2 | $0 |
Heather Ward Treasurer | OfficerTrustee | 2 | $0 |
Hilton Swing Vc Of Gvnc | OfficerTrustee | 3 | $0 |
Marilyn Gordon Chairperson | OfficerTrustee | 1 | $0 |
Myles Fish Executive Director | Officer | 50 | $0 |
Myra Watkins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $111,079 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,869,836 |
| Noncash contributions included in lines 1a–1f | $10,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,980,915 |
| Total Program Service Revenue | $0 |
| Investment income | $82,313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,947 |
| Net Gain/Loss on Asset Sales | $250,175 |
| Net Income from Fundraising Events | -$21,896 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,338,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,983,681 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $204,983 |
| Compensation of current officers, directors, key employees. | $76,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $304,936 |
| Fees for services: Legal | $13,771 |
| Fees for services: Accounting | $1,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $288,187 |
| Fees for services: Investment Management | $30,393 |
| Fees for services: Other | $1,100 |
| Advertising and promotion | $27,346 |
| Office expenses | $36,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,078 |
| Travel | $4,187 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $14,725 |
| Total functional expenses | $3,029,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,436 |
| Savings and temporary cash investments | $109,784 |
| Pledges and grants receivable | $470,713 |
| Accounts receivable, net | $13,209 |
| 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 | $12,387 |
| Net Land, buildings, and equipment | $728,135 |
| Investments—publicly traded securities | $1,491,295 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,399 |
| Total assets | $3,345,358 |
| Accounts payable and accrued expenses | $63,018 |
| 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 | $895 |
| Total liabilities | $63,913 |
| Net assets without donor restrictions | $2,291,420 |
| Net assets with donor restrictions | $990,025 |
| 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 | $3,345,358 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Pardee Memorial Hospital Foundation Inc has recieved totaling $676,536.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Henderson County Inc Hendersonville, NC | | $436,467 |
Duke Endowment Charlotte, NC PURPOSE: TO EXPAND A HEALTHY PEOPLE, HEALTHY CAROLINAS COALITION TO INCREASE CAPACITY AND IMPROVE POPULATION HEALTH IN HENDERSON COUNTY. | $150,000 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: PROMOTING QUALITY HEALTH | $57,000 |
Henderson County United Way Inc Hendersonville, NC PURPOSE: GENERAL SUPPORT | $18,265 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $14,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Endowment Analysis
| Beg. Balance | $1,039,061 |
| Earnings | -$151,266 |
| Ending Balance | $887,795 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chc Creating Healthier Communities Alexandria, VA | $23,119,840 | $20,885,598 |
United Way Of The Piedmont Inc Spartanburg, SC | $4,093,923 | $15,798,807 |
Bluecross Blueshield Of South Carolina Foundation Columbia, SC | $340,633,924 | $51,086,800 |
Safa Trust Inc Herndon, VA | $343,266,740 | $16,390,451 |
United Way Of Forsyth County Inc Winstonsalem, NC | $7,740,159 | $13,512,937 |
United Way Of Greater Knoxville Inc Knoxville, TN | $44,188,764 | $10,173,426 |
United Way Of The Midlands Columbia, SC | $21,822,205 | $12,356,591 |
United Way Of The Greater Triangle Inc Durham, NC | $8,988,793 | $10,685,118 |
United Way Of The Mid-South Memphis, TN | $15,939,575 | $10,736,980 |
United Way Of Greenville County Incorporated Greenville, SC | $26,398,141 | $12,601,521 |
Heritage Classic Foundation Hilton Head Island, SC | $10,740,368 | $11,355,325 |
United Way Of Greater Chattanooga Chattanooga, TN | $28,378,228 | $9,851,005 |