Baptist Health Foundation Of Birmingham Inc
- Assets
- $35.6m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 08/1967
- Data as of
- 12/2022
- EIN
- 63-6062097
Organization Overview
Baptist Health Foundation Of Birmingham Inc is located in Birmingham, AL. The organization was established in 1967. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Baptist Health Foundation Of Birmingham 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 12/2022, Baptist Health Foundation Of Birmingham Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Baptist Health Foundation Of Birmingham Inc has awarded 37 individual grants totaling $15,840,088. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST, ADVANCE AND STRENGTHEN BROOKWOOD BAPTIST HEALTH SYSTEM'S CHARITABLE ENDEAVORS BY SUPPORTING ITS HEALTHCARE MINISTRY AND MEDICAL EDUCATION PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOR CHARITY CARE AND BENEVOLENCE TO THE PATIENTS AND EMPLOYEES OF THE BROOKWOOD BAPTIST HEALTH SYSTEM WHO HAVE DEMONSTRATED NEED FOR FINANCIAL ASSISTANCE. THE BAPTIST HEALTH FOUNDATION WAS ABLE TO PROVIDE ASSISTANCE TO OVER 500 PATIENTS AND 17 EMPLOYEES DURING THE YEAR.$ 1,113,525 LUCILLE BEESON INDIGENT CARE $ 126,991 DWIGHT BEESON INDIGENT CARE $ 48,582 PATIENT ASSISTANCE$ 34,716 EMPLOYEE ASSISTANCE$ 1,323,814 TOTAL
THE BAPTIST HEALTH FOUNDATION PROVIDES GRANTS TO NONPROFIT ENTITIES WITH SIMILAR MISSIONS AND VALUES FOR VARIOUS HEALTHCARE NEEDS. DURING THE CURRENT YEAR, THE FOUNDATION AWARDED $290,000 TO 23 DIFFERENT NONPROFIT ENTITIES. SEE SCHEDULE I FOR THOSE ENTITIES GREATER THAN $5,000 INDIVIDUALLY.
PROVIDE ASSISTANCE FOR CHARITABLE PROGRAMS OF THE BROOKWOOD BAPTIST HEALTH SYSTEM TO IMPROVE PATIENT CARE AND EDUCATION OF RESIDENTS IN CENTRAL ALABAMA. DURING THE YEAR THE FOLLOWING FUNDS WERE USED TO SUPPORT PROGRAMS WITHIN THE BROOKWOOD BAPTIST HEALTH SYSTEM.$562,664 PASTORAL CARE - CHAPEL, CHAPLAIN SUPPORT, EDUCATION AND BIBLES $ 20,183 SUPPORT OF MEDICAL EDUCATION$ 21,756 EMPLOYEE SUPPORT PROGRAMS- T-SHIRTS, EMPLOYEE SNACKS, ETC.$ 2,442 PATIENT SUPPORT PROGRAMS - HEALTH FAIRS, ETC.$607,045 TOTAL
THE BAPTIST HEALTH FOUNDATION PROVIDES SCHOLARSHIPS AND PROGRAMS FOR STUDENTS WHO HAVE EITHER SHOWN AN INTEREST IN HEALTHCARE OR ARE CURRENTLY PURSUING A DEGREE IN HEALTHCARE AS WELL AS PROVIDES FUNDING FOR EMPLOYEES AND COMMUNITY MEMBERS TO PARTICIPATE IN MISSION TRIPS WITH LOCAL CHURCHES OR AS PART OF MEDICAL MISSIONS WITH LOCAL PHYSICIANS.$ 41,000 SAMFORD SCHOOL OF NURSING SCHOLARSHIPS$ 28,500 MEDICAL MISSION TRIPS$ 69,500 TOTAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ragan Cain Chairman | OfficerTrustee | 1 | $0 |
Lathrop W Smith Jr Director | Trustee | 1 | $0 |
Bob Greene Chair, Finance Committee | OfficerTrustee | 1 | $0 |
Andrea Mccaskey Director | Trustee | 1 | $0 |
Brenda Hackney Director | Trustee | 1 | $0 |
John Scott Jr Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $441,475 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,338,198 |
| Noncash contributions included in lines 1a–1f | $20,642 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,779,673 |
| Total Program Service Revenue | $0 |
| Investment income | $263,982 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $142,064 |
| Net Income from Fundraising Events | -$168,611 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,017,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,162,561 |
| Grants and other assistance to domestic individuals. | $127,798 |
| 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 | $400,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $74,787 |
| 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 | $0 |
| All other expenses | $37,151 |
| Total functional expenses | $2,802,297 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $534,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $62,050 |
| 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 | $15,530 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,642,666 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,361,687 |
| Total assets | $35,616,372 |
| Accounts payable and accrued expenses | $0 |
| 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 | $895,984 |
| Total liabilities | $895,984 |
| Net assets without donor restrictions | $3,531,188 |
| Net assets with donor restrictions | $31,189,200 |
| 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 | $35,616,372 |
Grants Awarded
Over the last fiscal year, Baptist Health Foundation Of Birmingham Inc has awarded $2,114,561 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
LIVE HEALHTSMART OF ALABAMA PURPOSE: WELLNESS INITIATIVE & HEALTHY LIVING | $20,000 |
KID ONE TRANSPORT PURPOSE: FUEL COSTS | $6,000 |
BIRMINGHAM METRO BAPTIST ASSOCIATION PURPOSE: 3RD FLOOR CRISIS PREGNANCY CENTER BUILDOUT | $70,000 |
NOURISH ALABAMA BABIES-MOTHERS MILK BANK OF AL PURPOSE: PROVIDES MILK TO PREMATURE AND CRITICALLY ILL INFANTS | $10,500 |
OASIS COUNSELING FOR WOMEN AND CHILDREN PURPOSE: MENTAL HEALTH COUNSELING | $15,000 |
BROOKWOOD BAPTIST HEALTH SYSTEM PURPOSE: SUPPORT FOR BBH CHARITABLE PURPOSES AS PART OF ITS HEALTHCARE MINISTRY | $1,847,561 |