The Henry W Grady Health System Foundation Inc
- Assets
- $41.9m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 58-2130437
Organization Overview
The Henry W Grady Health System Foundation Inc is located in Atlanta, GA. The organization was established in 1994. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henry W Grady Health System 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, Henry W Grady Health System Foundation Inc generated $12.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $17.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GRADY HEALTH FOUNDATION IS TO GROW BOTH PHILANTHROPIC SUPPORT AND BROAD-BASED UNDERSTANDING OF THE CRITICAL ROLE THAT GRADY HEALTH SYSTEM PLAYS IN THE METRO ATLANTA REGION.
Describe the Organization's Program Activity:
GRADY HEALTH SYSTEM OFFERS A FULL-RANGE OF MEDICAL SERVICES FOR ALL SEGMENTS OF THE COMMUNITY WHILE CONTINUING TO MAINTAIN A STRONG COMMITMENT TO THE NEEDS OF THE UNDERSERVED. PHILANTHROPIC FUNDS SUPPORT THREE KEY AREAS: CAPITAL RENOVATION, ADVANCED MEDICAL TECHNOLOGY AND EQUIPMENT, AND CLINICAL PROGRAMS. CAPITAL RENOVATIONS INCLUDE CONTINUOUS MODERNIZATION AND IMPROVEMENTS ACROSS THE HEALTH SYSTEM TO ENSURE THE CONSISTENT DELIVERY OF THE HIGHEST QUALITY OF CARE. DONOR FUNDING ALSO SUPPORTED THE JESSE HILL MARKET, WHICH NOW HOUSES A FOOD PHARMACY, TEACHING KITCHEN AND FOOD PANTRY AS A WAY TO ADDRESS FOOD INSECURITY AND TEACH PATIENTS AND EMPLOYEES HOW TO BETTER CONTROL CHRONIC CONDITIONS THROUGH DIET. OTHER AREAS SUPPORTED BY DONOR FUNDS INCLUDE THE GEORGIA CANCER CENTER FOR EXCELLENCE, THE MARCUS TRAUMA CENTER, THE GRADY BURN CENTER, THE INFECTIOUS DISEASE PROGRAM, BEHAVIORAL HEALTH PROGRAMS, FOOD AS MEDICINE, AND EMERGENCY MEDICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Smith Secretary And Treasurer | OfficerTrustee | 2 | $0 |
Andrew Drew W Evans Chairman | OfficerTrustee | 2 | $0 |
Joselyn Butler Baker President, Ex-Officio Member | Officer | 40 | $0 |
Joanna M Adams Board Member | Trustee | 1 | $0 |
Eliot Arnovitz Board Member | Trustee | 1 | $0 |
Derek Bottoms Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medalist Sports Llc Event Consultants | 12/30/21 | $184,102 |
Banyan Streetgap 191 Peachtree Holdings Office Rent | 12/30/21 | $161,475 |
Coxe Curry & Associates Fundraising Consulting | 12/30/21 | $157,856 |
Friths Michel It Consultant | 12/30/21 | $115,734 |
Laura M Hardy Fundraising Consulting | 12/30/21 | $100,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,972,290 |
| Related organizations | $0 |
| Government grants | $292,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,720,882 |
| Noncash contributions included in lines 1a–1f | $392,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,985,242 |
| Total Program Service Revenue | $416,347 |
| Investment income | $27,997 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$948,070 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,481,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,905,775 |
| Grants and other assistance to domestic individuals. | $161,167 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $965,281 |
| Compensation of current officers, directors, key employees. | $482,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $800,770 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $258,356 |
| Fees for services: Investment Management | $15,536 |
| Fees for services: Other | $71,558 |
| Advertising and promotion | $0 |
| Office expenses | $4,917 |
| Information technology | $70,963 |
| Royalties | $0 |
| Occupancy | $214,304 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,397 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,891 |
| Insurance | $0 |
| All other expenses | $766,444 |
| Total functional expenses | $17,313,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,465,761 |
| Pledges and grants receivable | $6,431,762 |
| Accounts receivable, net | $15,648 |
| 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 | $311,245 |
| Net Land, buildings, and equipment | $186,303 |
| Investments—publicly traded securities | $3,451,670 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,862,389 |
| Accounts payable and accrued expenses | $284,283 |
| Grants payable | $0 |
| Deferred revenue | $394,583 |
| 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 | $678,866 |
| Net assets without donor restrictions | $10,311,258 |
| Net assets with donor restrictions | $30,872,265 |
| 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 | $41,862,389 |
Grants Awarded
Over the last fiscal year, The Henry W Grady Health System Foundation Inc has awarded $8,010,509 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: GRADY CAPITAL CAMPAIGN | $4,869,578 |
Atlanta, GA PURPOSE: ADVANCED SURGERY CENTER | $1,587,231 |
Atlanta, GA PURPOSE: GENERAL SUPPORT | $1,542,952 |
Atlanta, GA PURPOSE: REHAB SERVICES | $8,873 |
Atlanta, GA PURPOSE: NURSING EDUCATION | $1,875 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Henry W Grady Health System Foundation Inc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Delta Dental Community Care Foundation San Francisco, CA PURPOSE: ACCESS TO CARE | $60,000 |
Endowment Analysis
| Beg. Balance | $17,613 |
| Ending Balance | $17,613 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Frederick A Deluca Foundation Inc Pompano Beach, FL | $724,648,898 | $109,039,821 |
Ted Arison Family Found Aventura, FL | $489,424,665 | $63,628,275 |
Arison Arts Foundation Coral Gables, FL | $423,071,215 | $88,937,143 |
Poses Family Foundation Miami Beach, FL | $501,022,398 | $55,408,716 |
Jim Moran Foundation Inc Deerfield Beach, FL | $191,270,194 | $47,763,594 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Kovner Foundation Jupiter, FL | $0 | $19,441,586 |
Naples Children And Education Naples, FL | $64,560,487 | $12,642,425 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |