Ky Hospital Research & Education Foundation Inc

Organization Overview

Ky Hospital Research & Education Foundation Inc is located in Louisville, KY. The organization was established in 1969. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. KY Hospital Research & Education 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 06/2021, KY Hospital Research & Education Foundation Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $4.3m during the year ending 06/2021. While expenses have increased by 14.2% 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, KY Hospital Research & Education Foundation Inc has awarded 241 individual grants totaling $3,106,767. 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 PROVIDE CHARITABLE HEALTHCARE RESEARCH AND EDUCATIONAL ACTIVITIES FOR KY HOSPITALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADMINISTER KENTUCKY'S HOSPITAL AND DISASTER PREPAREDNESS ACTIVITIES INCLUDING EDUCATION AND TRAINING FOR HOSPITALS, HEALTH DEPARTMENTS, AND OTHER COMMUNITY HEALTH SERVICES EMPLOYEES RELATED TO EMERGENCY PREPAREDNESS IN KENTUCKY. COORDINATE PURCHASE OF EMERGENCY ANDDISASTER PREPAREDNESS EQUIPMENT AND EMERGENCY COMMUNICATIONS WITH KENTUCKY'S EMERGENCY MEDICAL SERVICES REGIONS.


PROVIDE RESOURCES AND SERVICES TO SUPPORT HOSPITALS TO BE ACCOUNTABLE TO THE COMMUNITY, DELIVER HIGH QUALITY CARE, AND IMPROVE COMMUNITY HEALTH. KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) WILL PROVIDE RESOURCES AND LEAD THE EFFORT FOR KENTUCKY HOSPITALS TO ADOPT THE HIGHEST LEVEL OF OPIOID STEWARDSHIP PERFORMANCE THAT FITS WITHIN THE KHA MISSION OF SUSTAINING AND IMPROVING THE HEALTH STATUS OF THE CITIZENS OF KENTUCKY.


ADMINISTER THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES' ASPR COVID GRANT TO REIMBURSE HOSPITALS' COVID RELATED EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Galvagni
President
$0
William Haugh
Chair
$0
Kathy Stumbo
Past Chair
$0
Mike Sherrod
Treasurer
$0
Harold Warman
Vice President
$0
Garren Colvin
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tierney Storage Llc
General Public Warehousing
$946,179
Louisville Underground Llc
General Public Warehousing
$166,515
Ilc Dover Lp
Emergency Preparedness Supplies
$125,631
Blue & Co Llc
Consulting
$107,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,095,010
All other contributions, gifts, grants, and similar amounts not included above$281,242
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,376,252
Total Program Service Revenue$135,411
Investment income $22,889
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$651
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,533,901

Grants Awarded

Over the last fiscal year, Ky Hospital Research & Education Foundation Inc has awarded $533,289 in support to 22 organizations.

Grant RecipientAmount

SAINT JOSEPH HOSPITAL FOUNDATION

Org PageRecipient Profile

Lexington, KY

PURPOSE: COVID-19 SUPPORT

$63,751

ST ELIZABETH HEALTHCARE

Org PageRecipient Profile

Edgewood, KY

PURPOSE: COVID-19 SUPPORT

$47,078

KING'S DAUGHTERS MEDICAL CENTER

Org PageRecipient Profile

Brookhaven, MS

PURPOSE: COVID-19 SUPPORT & HPP GRANT

$34,521

OWENBORO HEALTH REGIONAL HOSPITAL

Org PageRecipient Profile

Owensboro, KY

PURPOSE: COVID-19 SUPPORT

$34,446

BON SECOURS MERCY HEALTH FOUNDATION

Org PageRecipient Profile

Cincinnati, OH

PURPOSE: COVID-19 SUPPORT

$30,762

TJ SAMSON COMMUNITY HOSPITAL

Org PageRecipient Profile

Glasgow, KY

PURPOSE: COVID-19 SUPPORT

$27,734
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ky Hospital Research & Education Foundation Inc has recieved totaling $250,000.

Awarding OrganizationAmount
St Elizabeth Medical Center Inc

Edgewood, KY

PURPOSE: Program Support

$250,000
View Grant Recipient Profile

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