Medical Center Foundation Inc

Organization Overview

Medical Center Foundation Inc is located in Gainesville, GA. The organization was established in 1987. 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. Medical Center 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, Medical Center Foundation Inc generated $6.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $7.1m during the year ending 09/2021. While expenses have increased by 5.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Medical Center Foundation Inc has awarded 32 individual grants totaling $8,989,245. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVING THE HEALTH OF THE COMMUNITY IN ALL WE DO.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS A PART OF NORTHEAST GEORGIA HEALTH SYSTEM, THE NGHS FOUNDATION SERVES MORE THAN A MILLION PEOPLE ACROSS 19 COUNTIES IN OUR REGION. SEE SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS CONTINUATION. **SEE SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTS CONTINUATION**


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$200,750
Related organizations$1,958,291
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,088,717
Noncash contributions included in lines 1a–1f $410,518
Total Revenue from Contributions, Gifts, Grants & Similar$6,247,758
Total Program Service Revenue$0
Investment income $557,995
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,805,753

Grants Awarded

Over the last fiscal year, Medical Center Foundation Inc has awarded $133,983 in support to 5 organizations.

Grant RecipientAmount

UNITED WAY OF HALL COUNTY

Org PageRecipient Profile

Gainesville, GA

PURPOSE: 2020 PLEDGE

$100,000

AMERICAN CANCER SOCIETY

Org PageRecipient Profile

Kennesaw, GA

PURPOSE: RELAY FOR LIFE

$13,000

NORTH GEORGIA NURSING ACADEMY

PURPOSE: TUITION FROM JOHN A. FERGUSON

$8,250

Arlington, VA

PURPOSE: MARCH FOR BABIES

$6,500

LANIER TECHNICAL COLLEGE

Org PageRecipient Profile

Gainesville, GA

PURPOSE: TUITION FROM JOHN A. FERGUSON

$6,233
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Medical Center Foundation Inc has recieved totaling $682,891.

Awarding OrganizationAmount
North Georgia Community Foundation

Gainesville, GA

PURPOSE: HEALTH

$534,935
Lowell S And Betty L Dunn Family Foundation

Hialeah Gardens, FL

PURPOSE: GENERAL PURPOSE

$100,000
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$21,500
Miller Charitable Foundation Inc

Brewton, AL

PURPOSE: UNRESTRICTED CONTRIBUTION

$10,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$5,050
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$23,676,482
Earnings$507,097
Admin Expense$117,612
Net Contributions$4,433,267
Other Expense$3,276,227
Ending Balance$25,223,007

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