Blue Ridge Healthcare Foundation Inc

Organization Overview

Blue Ridge Healthcare Foundation Inc is located in Morganton, NC. The organization was established in 1993. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Blue Ridge Healthcare 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 12/2021, Blue Ridge Healthcare Foundation Inc generated $732.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $450.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Blue Ridge Healthcare Foundation Inc has awarded 41 individual grants totaling $4,163,667. 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

TO PROMOTE THE MAKING OF GIFTS FOR THE PURPOSE OF SUPPORTING THE BLUE RIDGE HEALTHCARE SYSTEM OF HOSPITALS AND ITS TAX-EXEMPT, NON-PROFIT, CHARITABLE AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BRHC FOUNDATION HOLDS FUNDRAISERS TO FUND VARIOUS PROGRAMS THAT BENEFIT PATIENTS, BRHC EMPLOYEE EMERGENCY FUNDS, HEALTHCARE RELATED COMMUNITY PROJECTS AND GENERAL UNRESTRICTED SUPPORT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$103,032
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$502,377
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$605,409
Total Program Service Revenue$0
Investment income $168,001
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$40,842
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $732,568

Grants Awarded

Over the last fiscal year, Blue Ridge Healthcare Foundation Inc has awarded $405,682 in support to 4 organizations.

Grant RecipientAmount

BURKE HEALTH NETWORK A CARING SOLUTION

Org PageRecipient Profile

Morganton, NC

PURPOSE: GENERAL SUPPORT

$235,180

BRHC HEALTH PROGRAM ASSISTANCE

Org PageRecipient Profile

Morganton, NC

PURPOSE: GENERAL SUPPORT

$88,185

BLUE RIDGE HEALTHCARE MEDICAL GROUP

Org PageRecipient Profile

Morganton, NC

PURPOSE: GENERAL SUPPORT

$77,212

BRHC SYSTEM EMPLOYEE PROGRAM ASSISTANCE

Org PageRecipient Profile

Morganton, NC

PURPOSE: GENERAL SUPPORT

$5,105
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Blue Ridge Healthcare Foundation Inc has recieved totaling $301,399.

Awarding OrganizationAmount
Duke Endowment

Charlotte, NC

PURPOSE: TO EXPAND A COMMUNITY NETWORK OF CARE FOR THE LOW-INCOME, UNINSURED IN BURKE COUNTY.

$250,000
Blue Ridge Healthcare Hospitals Inc

Morganton, NC

PURPOSE: GENERAL SUPPORT

$32,050
Atrium Health Foundation

Charlotte, NC

PURPOSE: Support for pediatric medical equipment

$16,043
Rostan Family Foundation

Valdese, NC

PURPOSE: PHILANTHROPIC

$2,000
Huffman-Cornwell Foundation

Raleigh, NC

PURPOSE: GENERAL

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$306
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,767,614
Earnings$199,144
Other Expense$18,604
Ending Balance$1,948,154

Create an account to unlock the data you need.

or