Thomas Hospital Foundation Inc is located in Fairhope, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Hospital 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 03/2022, Thomas Hospital Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $825.4k during the year ending 03/2022. While expenses have increased by 2.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS FOUNDED TO FOSTER AND SUPPORT THE ACTIVITIES OF THOMAS HOSPITAL, TO ENCOURAGE PUBLIC SUPPORT OF THE HOSPITAL AND TO ADVANCE ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THOMAS HOSPITAL FOUNDATION (THE FOUNDATION) PROVIDED ALMOST 500,000 TO THOMAS HOSPITAL DURING THE YEAR ENDED MARCH 31, 2022, TO PURCHASE SPECIFIC HOSPITAL EQUIPMENT AND SUPPORT HOSPITAL ACTIVITIES. THE FOUNDATION PROVIDED OVER 150,000 TO UPGRADE THE MONITORING AND LIGHTING SYSTEM IN THOMAS HOSPITALS OPEN HEART AREA. THE PRIOR EQUIPMENT WAS NO LONGER SUPPORTED BY THE MANUFACTURER AND COULD NOT BE REPAIRED. WITH THE NEW MONITORING SYSTEMS SURGEONS ARE ABLE TO MORE CLEARLY VISUALIZE PATIENT CARDIAC OUTPUT AND VITALS. IT IS PROJECTED THAT THIS WILL AFFECT APPROXIMATELY 550 PROCEDURES ANNUALLY. A NEW SCAVIE SCOUT SYSTEM WAS PURCHASED FOR 63,000 TO IMPROVE THE TREATMENT OF CERTAIN BREAST CANCER PATIENTS. SURGEONS WERE DISSATISFIED WITH THE PRIOR SYSTEM AVAILABLE AT THOMAS HOSPITAL TO STAGE AXILLARY AND SENTINEL LYMPH NODES AND HAVE BEEN REFERRING THEIR PATIENTS TO AN AFFILIATED HOSPITAL THAT HAS BEEN USING THIS SYSTEM FOR OVER 3 YEARS TO PERFORM THE PROCEDURE. THE NEW SYSTEM IS ABLE TO MORE ACCURATELY AND CONSISTENTLY DELIVER A MARKER TO A LESION SITE. THIS WILL RESULT IN EASIER TO LOCATE MARKERS FOR SURGEONS AND SMALLER INCISIONS FOR PATIENTS. THOMAS HOSPITAL DID NOT HAVE THE NEWEST TECHNOLOGY FOR PATIENTS NEEDING THORACIC AND ABDOMINAL RADIATION. AN AFFILIATED HOSPITAL IN A DIFFERENT COUNTY WAS GETTING REFERRALS FOR THESE PROCEDURES BECAUSE IT HAD A NEWER VARIAN GATING SYSTEM. GATING SYSTEMS ARE USED BY RADIATION ONCOLOGISTS TO LIMIT RADIATION DOSES TO CRITICAL STRUCTURES OF THE CHEST AND ABDOMEN. THE FOUNDATION SPENT ABOUT 62,000 TO BRING THIS SYSTEM TO THOMAS HOSPITAL WHICH IT EXPECTS TO CAUSE AN UPTICK IN PATIENTS BY PREVENTING LOCALS FROM HAVING TO TRAVEL TO THE NEXT COUNTY OVER TO RECEIVE THIS PROCEDURE. NEW LAPTOPS WERE PURCHASED FOR USE IN THE CLINICAL AND DIABETES EDUCATION DEPARTMENTS. THE OLD LAPTOP OPERATING SOFTWARE WASN'T SUPPORTED ANY LONGER AND WERE PRONE TO FREEZING UP INTERMITTENTLY. THIS EITHER RESULTING IN NEEDING TO REBOOT THE LAPTOP OF WAIT FOR SOMEONE FROM THE IT DEPARTMENT TO COME FIX IT BEFORE IT COULD BE USED AGAIN. THESE LAPTOPS ARE USED DAILY AND ARE NEEDED TO HAVE AN EFFECTIVE, EFFICIENT, AND EDUCATED STAFF WHEN TRAINING OTHER EMPLOYEES OR PATIENTS. A NEW SMALL FOOTPRINT ULTRASOUND WAS PURCHASED FOR THE CATH LAB FOR ITS TRANSCATHETER AORTIC VALVE REPLACEMENT PROCEDURES (TAVR). CURRENTLY DOCTORS WERE HAVING TO BORROW SMALL FOOTPRINT ULTRASOUNDS FROM OTHER DEPARTMENTS TO CONDUCT THEIR TAVR PROCEDURES AS SOMETIMES THEY MAY NEED UP TO 13 INDIVIDUALS IN THE ROOM AT THE SAME TIME. WHEN THE ULTRASOUND ISN'T BEING USED FOR TAVR PROCEDURES, THE EXTRA CAPACITY WILL BE ABLE TO BE UTILIZED BY THE VASCULAR DEPARTMENT IN SOME OF THEIR CASES. THIS WILL ALSO IMPROVE PATIENT SAFETY AND COMFORT IN THE GROWING OBESE POPULATION, AS THEIR BLOOD VESSELS ARE MUCH DEEPER IN THE BODY, BY REDUCING MULTIPLE NEEDLE STICKS WHEN ATTEMPTING TO LOCATE BLOOD VESSELS. THIS YEAR THE EMPLOYEE ASSISTANCE FUND GRANTED 11,655 TO EMPLOYEES FACING UNEXPECTED OR EXTRAORDINARY FINANCIAL CIRCUMSTANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Baugh Former Exec | Officer | 20 | $0 |
Max Bruckmann Finance | Trustee | 0.5 | $0 |
Russell Buster Director | Trustee | 0.15 | $0 |
Tracey Cannizzo Committee Ch | Trustee | 0.25 | $0 |
Laura Cepeda Director | Trustee | 0.15 | $0 |
Leah Conaway-Washington Director | Trustee | 0.15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $414,100 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,256,526 |
Noncash contributions included in lines 1a–1f | $504,727 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,670,626 |
Total Program Service Revenue | $0 |
Investment income | $368,804 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $171,591 |
Net Income from Fundraising Events | $13,950 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,224,971 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $489,148 |
Grants and other assistance to domestic individuals. | $11,655 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
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 | $8,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,226 |
All other expenses | $3,561 |
Total functional expenses | $825,375 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,072 |
Savings and temporary cash investments | $2,936,164 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $8,947,632 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $542,480 |
Total assets | $12,481,348 |
Accounts payable and accrued expenses | $68,800 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $68,800 |
Net assets without donor restrictions | $9,554,448 |
Net assets with donor restrictions | $2,858,100 |
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 | $12,481,348 |
Over the last fiscal year, Thomas Hospital Foundation Inc has awarded $1,931,310 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Mobile, AL PURPOSE: BIRTH CENTER GRANT | $1,427,078 |
Mobile, AL PURPOSE: NEW CT SCANNER | $300,000 |
Mobile, AL PURPOSE: NORTHTV REPLACEMENTS | $68,503 |
Mobile, AL PURPOSE: MAMMOTOME NEOPROBE | $44,642 |
Mobile, AL PURPOSE: RETRACTOR TRAYS | $23,057 |
Mobile, AL PURPOSE: 3 SOUTH NEW TVS | $22,015 |
Over the last fiscal year, we have identified 4 grants that Thomas Hospital Foundation Inc has recieved totaling $48,523.
Awarding Organization | Amount |
---|---|
Robert Trent Jones Golf Trail Foundation Birmingham, AL PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO FOSTER AND SUPPORT THE ACTIVITIES OF THOMAS HOSPITAL, TO ENCOURAGE PUBLIC SUPPORT OF THE HOSPITAL AND TO ADVANCE ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPORSES. | $23,523 |
Mapp Fam Foundation Tr Point Clear, AL PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
Crampton Trust Mobile, AL PURPOSE: COVID-19 EMPLOYEE ASSISTANCE FUND | $10,000 |
Omelia Foundation Charitable Tr Ua 082597 No 47-0076-00-1 Birmingham, AL PURPOSE: GENERAL OPERATING | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Capstone Health Services Foundation P C Tuscaloosa, AL | $29,375,344 | $27,823,379 |
Mid-South Carp Regional Council Health & Welfare Fund Goodlettsville, TN | $42,702,855 | $23,372,218 |
St Anthonys Professional Buildings & Services Inc Tampa, FL | $66,592,493 | $24,044,105 |
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
West Florida Health Home Care Inc Temple Terrace, FL | $9,306,071 | $17,546,584 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Mount Sinai Medical Center Foundation Inc Miami Beach, FL | $381,873,831 | $56,255,268 |