Pitt Memorial Hospital Foundation Inc
- Assets
- $0.0
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Greenville, NC
- Founding
- Data as of
- 09/2016
- EIN
- 58-1399266
Organization Overview
Pitt Memorial Hospital Foundation Inc, operating under the name Vidant Medical Center Foundation, is located in Greenville, NC. Vidant Medical Center Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF EASTERN NORTH CAROLINA THROUGH ADVOCACY AND SECURING PHILANTHROPIC RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PITT MEMORIAL HOSPITAL FOUNDATION, INC. (DBA VIDANT MEDICAL CENTER FOUNDATION) SUPPORTS VIDANT MEDICAL CENTER AND EASTERN CAROLINA THROUGH DONOR CONTRIBUTIONS TO BE USED FOR EQUIPMENT PURCHASES, RESEARCH EDUCATION, PATIENT AND FAMILY SUPPORT, COMMUNITY BENEFIT, HEALTH PREVENTION, COMMUNITY HEALTH INITIATIVES, AND DIRECT HEALTH CARE SERVICES. SEE SCHEDULE O FOR A DESCRIPTION OF THE FOUNDATION'S COMMUNITY BENEFIT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Joel K Butler President - Vmc/vh Foundation | Officer | 14.4 | $0 |
Mrs Myra Bowen Vice Chair | Trustee | 0.9 | $0 |
Mr Owen Burney Jr Trustee | Trustee | 0.9 | $0 |
Mr Bob Barbour Trustee | Trustee | 0.9 | $0 |
Dr James Yancy Morris DDS Treasurer | Trustee | 0.9 | $0 |
Mr Spence Cosby Trustee | Trustee | 0.9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $102,508 |
| Related organizations | $30,000 |
| Government grants | $540,786 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,052,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,726,222 |
| Total Program Service Revenue | $0 |
| Investment income | $297,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $46,148 |
| Net Income from Fundraising Events | -$82,385 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,987,192 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,399,617 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $272,825 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $27,878 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,906 |
| Travel | $0 |
| 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 | $40,575 |
| Total functional expenses | $2,742,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Pitt Memorial Hospital Foundation Inc has awarded $1,258,255 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
PITT COUNTY HEALTH DEPARTMENT PURPOSE: To Promote Health and Wellness | $224,173 |
Greenville, NC PURPOSE: To Promote Health and Wellness | $156,132 |
NC COOPERATIVE EXTENSION PITT COUNTY CENTER PURPOSE: To Promote Health and Wellness | $87,000 |
EAST CAROLINA UNIVERSITY PURPOSE: To Promote Health and Wellness | $65,450 |
Greenville, NC PURPOSE: To Promote Health and Wellness | $60,000 |
Winterville, NC PURPOSE: To Promote Health and Wellness | $55,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pitt Memorial Hospital Foundation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Childress Institute For Pediatric Trauma Winston Salem, NC PURPOSE: EDUCATION AWARD_STOP THE BLEED CAMPAIGN AWARD | $25,000 |
Endowment Analysis
| Beg. Balance | $1,007,349 |
| Earnings | $90,730 |
| Net Contributions | $1,500 |
| Other Expense | $1,099,579 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Latin Academy Of Recording Arts & Sciences Inc Miami, FL | $39,115,078 | $23,723,068 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |