Owensboro Health Foundation Inc

Organization Overview

Owensboro Health Foundation Inc, operating under the name Owensboro Health Foundation, is located in Owensboro, KY. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 05/2024, Owensboro Health Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owensboro Health Foundation 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 05/2024, Owensboro Health Foundation generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $1.9m during the year ending 05/2024. While expenses have increased by 11.6% per year over the past 8 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, Owensboro Health Foundation has awarded 28 individual grants totaling $3,124,843. 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE, STEWARD, AND DISTRIBUTE PHILANTROPIC FUNDS IN SUPPORT OF OWENSBORO HEALTH'S MISSION TO HEAL THE SICK AND IMPROVE HEALTH IN WESTERN KENTUCKY AND SOUTHERN INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS RAISED AND DISTRIBUTED BY OWENSBORO HEALTH FOUNDATION, INC. ARE IN SUPPORT OF THE CHARITABLE MISSION AND ACTIVITIES OF OWENSBORO HEALTH, INC. DURING THE REPORT PERIOD, 116 MAIN PROGRAMS SUPPORTED BY OWENSBORO HEALTH FOUNDATION, INC. IMPACTED THE LIVES OF 90,651 PEOPLE IN THE COMMUNITIES WE SERVE. POPULATIONS BENEFITTING THROUGH FOUNDATION FUNDING INCLUDE INDIVIDUALS WHO ARE UNINSURED OR UNDER-INSURED; BEREAVED PARENTS; CANCER SURVIVORS; CHILDREN WITH ASTHMA; CHILDREN ADMITTED TO THE OWENSBORO HEALTH EMERGENCY DEPARTMENT, SURGERY OR PEDIATRICS; NEW MOTHERS AND FATHERS; CANCER PATIENTS WHO CANNOT AFFORD MEDICINES; LOW-INCOME CANCER PATIENTS WITH CHRONIC LUNG AILMENTS; INDIVIDUALS FACING CRISES AND EMERGENCY SITUATIONS; NEONATAL INTENSIVE CARE PATIENTS; FAMILIES EXPERIENCING MEDICAL CRISES; MEDICAL PROFESSIONALS; ELDERLY INDIVIDUALS WHO ARE LOW INCOME; WORKING POOR AND RETIRED CANCER PATIENTS; INDIVIDUALS WITH PARKINSON'S DISEASE; AND PATIENTS WITH CHRONIC LUNG AILMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Immediate Chairperson
$0
Name Not Listed
Vice-Chairperson
$0
Name Not Listed
Treasurer
$0
Name Not Listed
President & Ceo, Ex-Officio, Officer, Director, Voting
$0
Name Not Listed
Board Member/secretary (effective 7/13/23)
$0
Name Not Listed
Chairperson
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$230,671
Related organizations$1,095,186
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$455,768
Noncash contributions included in lines 1a–1f $57,992
Total Revenue from Contributions, Gifts, Grants & Similar$1,781,625
Total Program Service Revenue$0
Investment income $167,847
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $33,736
Net Income from Fundraising Events -$48,437
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,936,623

Grants Awarded

Over the last fiscal year, Owensboro Health Foundation Inc has awarded $653,790 in support to 3 organizations.

Grant RecipientAmount

OWENSBORO HEALTH

PURPOSE: SUPPORT OF MISC PROGRAMMING

$622,966

OWENSBORO HEALTH MEDICAL GROUP

PURPOSE: SUPPORT OF MISC PROGRAMMING

$6,760

OWENSBORO HEALTH TWIN LAKES MEDICAL CENTER

PURPOSE: SUPPORT OF MISC PROGRAMMING

$24,064
View Grant Profile

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