University Health Care Foundation Inc

Organization Overview

University Health Care Foundation Inc is located in Augusta, GA. The organization was established in 1979. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Health Care 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, University Health Care Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENSURE THAT UNIVERSITY HOSPITAL HAS THE RESOURCES NEEDED TO CARE FOR THE COMMUNITY AND TO FILL ITS PURPOSES TO MAKE A POSITIVE DIFFERENCE IN EVERY LIFE TOUCHED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF UNIVERSITY HOSPITAL RELATING TO HOSPITAL SERVICES AS WELL AS PROVIDING ASSISTANCE TO THE INDIGENT POPULATION.


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Board, Officers & Key Employees

Name (title)Compensation
Harry W Jernigan IV
Board Member
$0
Taite Sasnett
Board Member
$0
Jed W Howington MD
Board Member
$0
Becky Smith
Board Member
$0
Tom Wyatt
Board Member
$0
Mark J Wills
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$240,496
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,550,431
Noncash contributions included in lines 1a–1f $62,966
Total Revenue from Contributions, Gifts, Grants & Similar$1,790,927
Total Program Service Revenue$0
Investment income $262,390
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $45,716
Net Income from Fundraising Events $6,503
Net Income from Gaming Activities $110
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,105,646

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