Adventhealth Foundation Inc

Organization Overview

Adventhealth Foundation Inc is located in Altamonte Springs, FL. The organization was established in 1983. 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. Adventhealth 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 12/2023, Adventhealth Foundation Inc generated $28.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $22.6m during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 9 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 2014, Adventhealth Foundation Inc has awarded 337 individual grants totaling $231,383,681. 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

FUND RAISING FOR AFFILIATED TAX-EXEMPT HOSPITALS AND HOSPICE ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVENTHEALTH FOUNDATION, INC. (AHF) IS INVOLVED IN PHILANTHROPIC ACTIVITIES FOR THE BENEFIT OF ITS AFFILIATED TAX-EXEMPT HOSPITAL ORGANIZATIONS. DURING THE CURRENT TAX YEAR, AHF SUPPORTED THE ACTIVITIES OF FIFTEEN CHARITABLE RELATED TAX-EXEMPT HOSPITAL ORGANIZATIONS WHICH INCLUDES NINETEEN HOSPITAL FACILITIES AND ONE HOSPICE FACILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Shaw Terry
President/ceo
$0
Rathbun Paul
Director/chairman
$0
Goodman Todd
Director
$0
Bergherm Bruce
Director
$0
Bromme Jeffrey
Director
$0
Johnson Penny
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blackbaud Inc
Maintenance Fees/training
$140,381
Workability
Consulting Services
$113,683
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$6,174,566
Related organizations$3,843,833
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,688,849
Noncash contributions included in lines 1a–1f $383,677
Total Revenue from Contributions, Gifts, Grants & Similar$13,707,248
Total Program Service Revenue$14,665,817
Investment income $4,221,859
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,243,953
Net Income from Fundraising Events -$2,703,387
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,647,584

Grants Awarded

Over the last fiscal year, Adventhealth Foundation Inc has awarded $16,990,272 in support to 40 organizations.

Grant RecipientAmount

ADVENTHEALTH POLK NORTH INC

PURPOSE: General Support

$345,081

ADVENTIST HEALTH SYSTEM GEORGIA INC

PURPOSE: Construction

$178,515

ADVENTIST HEALTH SYSTEMSUNBELT INC DBA ADVENTHEALTH ORLANDO

PURPOSE: Payment for Services

$10,297,688

ADVENTIST HEALTH SYSTEM GEORGIA INC

PURPOSE: General Support

$47,588

ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION

PURPOSE: General Support

$224,430

ADVENTIST HEALTH SYSTEMSUNBELT INC DBA ADVENTHEALTH SEBRING

PURPOSE: Construction

$30,582
View Grant Profile

Peer Organizations

Organization NameAssets
Baptist Health South Florida Foundation Inc
Coral Gables, FL
$51,946,522
Adventhealth Foundation Inc
Altamonte Springs, FL
$28,647,584
Joe Dimaggio Childrens Hospital Foundation Inc
Hollywood, FL
$10,342,125
Medical Center Foundation Inc
Gainesville, GA
$9,434,094
Foundation For Rhodes Homes Inc
Atlanta, GA
$6,693,092
Archbold Foundation Inc
Thomasville, GA
$6,966,168
A G Rhodes Health & Rehab Management Inc
Atlanta, GA
$4,802,834
Buoniconti Fund To Cure Paralysis Inc
Miami, FL
$2,997,937
Community Hospice Of Northeast Florida Foundation For Caring Inc
Jacksonville, FL
$6,933,219
Rhg Housing Foundation Inc
Atlanta, GA
$4,703,865
Avow Foundation Inc
Naples, FL
$8,814,777
Shelby County Community Health Foundation
Columbiana, AL
$2,919,590
University Community Hospital Foundation Inc
Tampa, FL
$4,170,804
Coastal Community Health Inc
Jacksonville, FL
$3,317,710
Health First Foundation Inc
Rockledge, FL
$2,332,551
Miami Jewish Health Systems Foundation Inc
Miami, FL
$4,366,702
New Found Community Foundation Inc
Atlanta, GA
$2,534,954
The Eyesight Foundation Of Alabama
Birmingham, AL
$396,922
Tanner Medical Foundation Inc
Carrollton, GA
$4,516,453
Mama-Pikin Foundation
Duluth, GA
$1,249,453
Satilla Health Foundation Inc
Waycross, GA
$1,183,149
Genesis Health Foundation Inc
Jacksonville, FL
$1,657,839
Holy Name Of Jesus Hospital Trust
Birmingham, AL
$388,442
Daughters Against Alzheimers Inc
Atlanta, GA
$1,136,478
Hardee County Education Foundation Incorporated
Wauchula, FL
$1,067,335

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