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 03/2023, Thomas Hospital Foundation Inc generated $679.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $691.7k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. 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
2023
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 OVER 300,000 TO THOMAS HOSPITAL DURING THE YEAR ENDED MARCH 31, 2023, TO PURCHASE SPECIFIC HOSPITAL EQUIPMENT AND SUPPORT HOSPITAL ACTIVITIES. THE FOUNDATION PROVIDED OVER 90,000 FOR A NEW PEDIATRIC SYRINGE INFUSION PUMP. THESE "SMART" PUMPS HAVE THE SOFTWARE NECESSARY TO IMPLEMENT DOSE- ERROR REDUCTIONS SYSTEMS (DERS). THIS SYSTEM WILL ELEVATE THE SAFETY OF PEDIATRIC AND NEONATAL MEDICATION ADMINISTRATION TO THE LEVEL CURRENTLY PROVIDED TO THE SYSTEM'S ADULT PATIENT POPULATION. THE FOUNDATION PROVIDED NEARLY 63,000 FOR THE SCAVIE SCOUT SYSTEM, TO IMPROVE THE TREATMENT OF CERTAIN BREAST CANCER PATIENTS. SURGEONS WERE DISSATISFIED WITH THE PRIOR SYSTEM AVAILABLE AT THOMAS AND HAVE BEEN REFERRING PATIENTS TO MOBILE INFIRMARY TO PERFORM THE PROCEDURE. THE SCOUT SYSTEM IS ABLE TO MORE ACCURATELY AND CONSISTENTLY DELIVER A MARKER TO THE LESION SITE. THIS WILL MAKE IT EASIER FOR SURGEONS TO LOCATE THE MARKERS AND ALLOW FOR SMALLER INCISIONS FOR PATIENTS. IT WILL ALSO ALLOW PATIENTS TO BE TREATED LOCALLY, RATHER THAN HAVING TO TRAVEL TO ANOTHER COUNTY TO HAVE THE PROCEDURE. THE FOUNDATION PROVIDED OVER 12,000 TO PURCHASE 42 POWERMIC III NON- SCANNER DICTATION MICROPHONES FOR CLEARER DICTATION AND COMMUNICATION TO USE BY RESIDENTS WHEN CHARTING. THE ENHANCED SPEECH RECOGNITION TECHNOLOGY WILL HELP REDUCE ERRORS AND IMPACT OVERALL PATIENT CARE AS RESIDENTS INTERACT WITH ALL DEPARTMENTS WITHIN THE HOSPITAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathan Payne Executive Di | Officer | 45 | $0 |
Max Bruckmann Chairman/fin | Trustee | 0.5 | $0 |
Tracey Cannizzo Committee Ch | Trustee | 0.25 | $0 |
Robin Coleman Director | Trustee | 0.15 | $0 |
Leah Conaway-Washington Director | Trustee | 0.15 | $0 |
Sadie Cooper Director | Trustee | 0.15 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $287,455 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $571,806 |
Noncash contributions included in lines 1a–1f | $10,269 |
Total Revenue from Contributions, Gifts, Grants & Similar | $859,261 |
Total Program Service Revenue | $0 |
Investment income | $161,780 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$185,954 |
Net Income from Fundraising Events | -$155,235 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $679,852 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $270,215 |
Grants and other assistance to domestic individuals. | $35,028 |
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 | $9,568 |
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 | $0 |
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 | $1,210 |
All other expenses | $902 |
Total functional expenses | $691,667 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,861 |
Savings and temporary cash investments | $2,751,919 |
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 | $8,291,064 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $538,369 |
Total assets | $11,602,213 |
Accounts payable and accrued expenses | $4,457 |
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 | $4,457 |
Net assets without donor restrictions | $8,743,534 |
Net assets with donor restrictions | $2,854,222 |
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 | $11,602,213 |
Over the last fiscal year, Thomas Hospital Foundation Inc has awarded $1,931,310 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: BIRTH CENTER GRANT | $1,427,078 |
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: NEW CT SCANNER | $300,000 |
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: NORTHTV REPLACEMENTS | $68,503 |
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: MAMMOTOME NEOPROBE | $44,642 |
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: RETRACTOR TRAYS | $23,057 |
G H HOSPITALS INC DBA THOMAS HOSPTHOMAS HOSPITAL PURPOSE: 3 SOUTH NEW TVS | $22,015 |