Archbold Foundation Inc
- Assets
- $120.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Thomasville, GA
- Founding
- 07/1984
- Data as of
- 09/2021
- EIN
- 58-1559677
Organization Overview
Archbold Foundation Inc is located in Thomasville, GA. The organization was established in 1984. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Archbold 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 09/2021, Archbold Foundation Inc generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $6.5m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Archbold Foundation Inc has awarded 32 individual grants totaling $19,109,020. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ARCHBOLD FOUNDATION IS AN INDEPENDENT, 501(C)(3) SUPPORT FOUNDATION WHOSE SOLE PURPOSE IS TO BUILD AND SUSTAIN A FINANCIAL LEGACY OF SUPPORT OF JOHN D. ARCHBOLD MEMORIAL HOSPITAL AND ARCHBOLD HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT FOR JOHN D. ARCHBOLD MEMORIAL HOSPITAL TO BE USED FOR PATIENT SUPPORT, NURSING SCHOLARSHIPS, AND CONSTRUCTION AND EQUIPPING OF FACILITIES.
FINANCIAL SUPPORT FOR JOHN D. ARCHBOLD MEMORIAL HOSPITAL FOR THE WILLIAM HOWARD FLOWERS, JR. FOUNDATION SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vann Middleton Foundation P | OfficerTrustee | 40 | $269,604 |
Debbie Beeson Trustee | Trustee | 1 | $901 |
Darcy M Craven Ceo-Hire 8/2 | OfficerTrustee | 1 | $0 |
John Brinson Vice Chairma | OfficerTrustee | 1 | $0 |
Gates Kirkham Chairman | OfficerTrustee | 1 | $0 |
Ty Turner Secretary/tr | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $211,307 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,146,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,357,971 |
| Total Program Service Revenue | $0 |
| Investment income | $4,505,076 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,499,523 |
| Net Income from Fundraising Events | -$37,334 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,326,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,458,878 |
| 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. | $279,355 |
| Compensation of current officers, directors, key employees. | $39,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,425 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $236 |
| Fees for services: Investment Management | $659,694 |
| Fees for services: Other | $82 |
| Advertising and promotion | $0 |
| Office expenses | $11,387 |
| Information technology | $22,925 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,267 |
| 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 | $6,621 |
| Insurance | $17,589 |
| All other expenses | $0 |
| Total functional expenses | $6,514,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,684,433 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,207,478 |
| 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 | $19,133 |
| Investments—publicly traded securities | $116,753,328 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $120,664,372 |
| Accounts payable and accrued expenses | $27,940 |
| 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 | $1,526,569 |
| Total liabilities | $1,554,509 |
| Net assets without donor restrictions | $119,109,863 |
| Net assets with donor restrictions | $0 |
| 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 | $120,664,372 |
Grants Awarded
Over the last fiscal year, Archbold Foundation Inc has awarded $5,458,878 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Thomasville, GA PURPOSE: PATIENT SUPPORT | $5,127,878 |
Thomasville, GA PURPOSE: NURSING SCHOLARSHIPS | $300,000 |
Thomasville, GA PURPOSE: SCHOLARSHIPS | $31,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Archbold Foundation Inc has recieved totaling $175,250.
| Awarding Organization | Amount |
|---|---|
William Howard Flowers Jr Thomasville, GA PURPOSE: SCHOLARSHIP FUND | $175,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $250 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hopeway Foundation Charlotte, NC | $32,563,344 | $14,897,275 |
Randolph Cancer Center Llc Asheboro, NC | $0 | $11,508,289 |
The Healing Trust Nashville, TN | $0 | $7,303,090 |
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Methodist Healthcare Foundation Memphis, TN | $23,965,456 | $9,348,334 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |
Avow Foundation Inc Naples, FL | $44,104,234 | $9,594,342 |
A G Rhodes Health & Rehab Management Inc Atlanta, GA | $5,425,018 | $4,030,975 |
Dalton-Whitfield Additional Tr Dalton, GA | $59,216,928 | $4,019,283 |
Buoniconti Fund To Cure Paralysis Inc Miami, FL | $4,267,074 | $4,138,317 |
Community Hospice Of Northeast Florida Foundation For Caring Inc Jacksonville, FL | $23,319,207 | $6,212,516 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |