Columbus Regional Medical Foundation Inc
- Assets
- $22.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 06/1983
- Data as of
- 06/2022
- EIN
- 58-1501642
Organization Overview
Columbus Regional Medical Foundation Inc, operating under the name Columbus Regional Health Foundation, is located in Columbus, GA. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Regional 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 06/2022, Columbus Regional Health Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $730.5k 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 PROVIDE COMPASSIONATE AND SUSTAINABLE HEALTHCARE IN A PROGRESSIVE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLUMBUS REGIONAL MEDICAL FOUNDATION INC.'S MOST SIGNIFICANT ACTIVITY IS TO RAISE PHILANTHROPIC FUNDS TO SUPPORT THE MEDICAL CENTER, INC.'S VISION TO TRANSFORM HEALTHCARE BY CREATING A DESTINATION KNOWN FOR THE BEST CLINICIANS AND ONE-OF-A-KIND HEALTHCARE EXPERIENCES THAT ALWAYS PUT THE PATIENT FIRST. THE COLUMBUS REGIONAL MEDICAL FOUNDATION ENGAGES COMMUNITY PHILANTHROPIC LEADERS, DONORS AND BUSINESSES TO SUPPORT MANY AREAS OF THE MEDICAL CENTER, INC. INCLUDING BUT NOT LIMITED TO THE EXPANSION AND TECHNOLOGY OF THE JOHN B. AMOS CANCER CENTER, THE DEVELOPMENT AND EXPANSION OF THE BILL AND OLIVIA AMOS CHILDREN'S HOSPITAL, THE MIRACLE NICU, ELENA AMOS BREAST CARE CENTER AS WELL AS MANY NURSING AND STAFF EDUCATION AND PATIENT ASSISTANCE FUNDS. THE FOUNDATION IS A MEMBER-HOSPITAL OF CHILDREN'S MIRACLE NETWORK HOSPITALS (CMNH) WHOSE PARTNERS AND SPONSORS RAISE FUNDS FOR PEDIATRIC PROGRAMS WITHIN THE MEDICAL CENTER, INC. IN ADDITION TO COMMUNITY SUPPORT, THE FOUNDATION RAISES FUNDS THROUGH ITS ANNUAL EMPLOYEE GIVING CAMPAIGN WHERE GIFTS MAY BE DESIGNATED TO ONE OF FIVE PRIMARY AREAS OF FOCUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr M Scott Hill Board Member & CEO Crhs | Trustee | 1 | $0 |
Mr Thomas Arnold Treasurer/cfo Phc | Officer | 1 | $0 |
Mr Sidney Kirschner Board Member | Trustee | 1 | $0 |
Ms Elizabeth Leddy Secretary/clo Phc | Officer | 1 | $0 |
Mr Michael Mcander Former Treasurer/cfo Phc | 0 | $0 | |
Dr Kendall Handy Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $610,513 |
| Related organizations | $0 |
| Government grants | $17,630 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,104,120 |
| Noncash contributions included in lines 1a–1f | $364,731 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,732,263 |
| Total Program Service Revenue | $0 |
| Investment income | $1,273,551 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $169,602 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,556,007 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $474,189 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,450 |
| 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 | $20,276 |
| Office expenses | $105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,673 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,395 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,500 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $730,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,150,458 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,519,110 |
| 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 | $56,064 |
| Investments—publicly traded securities | $15,650,324 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,695 |
| Total assets | $22,383,651 |
| Accounts payable and accrued expenses | $6,875,881 |
| 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 | $342,485 |
| Total liabilities | $7,218,366 |
| Net assets without donor restrictions | $4,056,928 |
| Net assets with donor restrictions | $11,108,357 |
| 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 | $22,383,651 |
Grants Awarded
Over the last fiscal year, Columbus Regional Medical Foundation Inc has awarded $814,433 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE MEDICAL CENTER INC PURPOSE: TO SUPPORT THE CANCER CARE FUND | $611,709 |
THE MEDICAL CENTER INC PURPOSE: TO SUPPORT THE FAMILY PRACTICE DEVELOPMENT FUND | $18,449 |
THE MEDICAL CENTER INC PURPOSE: TO SUPPORT THE CHILDREN'S HOSPITAL | $173,896 |
THE MEDICAL CENTER INC PURPOSE: TO SUPPORT THE PHARMACY RESEARCH AND EDUCATION FUND | $10,379 |