South Florida Baptist Hospital Foundation Inc
- Assets
- $9.5m
- Revenue
- $565.2k
- Investments
- $1.6m
- Employees
- 2
- Location
- Plant City, FL
- Founding
- 12/1995
- Data as of
- 12/2022
- EIN
- 65-0598653
Organization Overview
South Florida Baptist Hospital Foundation Inc is located in Plant City, FL. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, South Florida Baptist Hospital Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Baptist 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 12/2022, South Florida Baptist Hospital Foundation Inc generated $565.2k 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 (10.0%) each year. All expenses for the organization totaled $669.9k during the year ending 12/2022. 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
SOUTH FLORIDA BAPTIST HOSPITAL FOUNDATION, INC. SECURES, MANAGES AND STEWARDS PHILANTHROPIC SUPPORT TO BENEFIT THE HEALTHCARE MISSION OF SOUTH FLORIDA BAPTIST HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTH FLORIDA BAPTIST HOSPITAL SURGERY CENTER IS AN INTEGRAL PART OF OUR OVERALL SUCCESS. OUR SURGERY CENTER CARES FOR THOUSANDS OF PATIENTS ANNUALLY. OUR SERVICES RANGE FROM ENDOSCOPY TO ADVANCED ROBOTIC ORTHOPEDIC PROCEDURES. MOST OF OUR CASES REQUIRE ANESTHESIA. IN 2022, SFBH FOUNDATION SUPPORTED THE SURGERY DEPARTMENT BY PURCHASING 3 NEW AVANCE CS2 ANESTHESIA MACHINES AT $237,394. THESE STATE-OF-THE-ART MACHINES WILL PROVIDE OUR PATIENTS WITH HIGH QUALITY CARE FOR YEARS TO COME. IN 2024, WE'LL BE MOVING TO A NEW LARGER FACILITY THAT WILL ALLOW FOR MORE OPPORTUNITIES FOR PROCEDURES TO SERVE OUR PLANT CITY COMMUNITY. SFBH FOUNDATION ALSO PROVIDES SUPPORT TO SFBH IN THE FORM OF SMALLER PIECES OF EQUIPMENT, SUPPLIES, AND OTHER ASSISTANCE AS DOCUMENTED AND REQUESTED BY SFBH.
THE FOUNDATION BOARD OF DIRECTORS HAS APPROVED SCHOLARSHIP PROGRAMS TO SUPPORT EDUCATION AND TRAINING. $24,000 WAS AWARDED TO 11 DESERVING STUDENTS AND TEAM MEMBERS TO PURSUE COLLEGE DEGREES IN HEALTH-RELATED FIELDS, NURSING DEGREES AND CONFERENCES TO ADVANCE SKILL SETS.
THE SURGERY CENTER ALSO NEEDS UPDATED EQUIPMENT TO SERVE OUR SURGEONS AND PATIENTS. IN 2022 WE SUPPORTED THREE SURGICAL SERVICE LINES WITH EQUIPMENT: A. ROBOTIC ORTHOPEDIC SURGERY - THE MAKO ROBOT ALLOWS FOR PRECISION ACCURACY WHEN OUR ORTHOPEDIC SURGEONS PERFORM JOINT REPLACEMENTS. THE FOUNDATION PURCHASED MAKO HIP REAMER HANDLES TO ASSIST WITH HIP REPLACEMENT SURGERY. THE COST WAS $24,606. B. GENERAL SURGERY - MEDTRONIC ESOPHAGEAL MANOMETRY PROBE / CATHETER IS USED TO DETECT THE NARROWING OR OBSTRUCTION IN THE ESOPHAGUS. THE CATHETER HAS A LIMITED LIFE SPAN AND MUST BE REPLACED FOR CONTINUED USE. THE COST WAS $27,260. C. BARIATRIC SURGERY - SFBH HAS A CERTIFIED BARIATRIC SURGERY PROGRAM. THE FOUNDATION HAS SUPPORTED THIS INITIATIVE FOR MANY YEARS. IN 2022 A BARIATRIC PATIENT LIFT WAS PURCHASED TO SUPPORT THE PATIENT IN THEIR HOSPITAL ROOM. THIS WAY THE NURSING TEAM CAN SAFELY TRANSPORT THE PATIENT BEFORE AND AFTER SURGERY FROM THEIR BED TO A CHAIR, WHEELCHAIR, OR GURNEY. THIS IMPORTANT PIECE OF EQUIPMENT WAS $8,576. ADDITIONALLY, THE FOUNDATION PURCHASED A GLIDESCOPE, AN AIRWAY VISUALIZATION SYSTEM FOR VIDEO LARYNGOSCOPY, BRONCHOSCOPY, AND OTHER AIRWAY PROCEDURES. THIS PIECE OF EQUIPMENT WAS $15,583.
SOUTH FLORIDA BAPTIST HOSPITAL DELIVERS APPROXIMATELY 500 BABIES PER YEAR. OUR LABOR & DELIVERY DEPARTMENT PERFORMS C-SECTIONS WHEN NECESSARY FOR A SAFE BIRTH. A STRYKER NEPTUNE 3 ROVER OB C- SECTION WAS PURCHASED FOR $25,075. THIS DEVISE MEASURES BLOOD AND FLUID LOSS DURING BIRTH TO BETTER MONITOR MOM'S HEALTH. THE RESULTS ALSO GIVE THE PHYSICIAN INFORMATION TO PRESCRIBE IMPORTANT FOLLOW UP MONITORING AND TESTING AFTER THE DELIVERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice President | OfficerTrustee | 1 | $0 |
Name Not Listed Ex-Officio/executive Director Foundation-Sfb | OfficerTrustee | 23 | $116,446 |
Name Not Listed Ex-Officio/president Sfbh | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $250,883 |
| Related organizations | $19,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $191,379 |
| Noncash contributions included in lines 1a–1f | $41,410 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $461,262 |
| Total Program Service Revenue | $0 |
| Investment income | $248,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$123,869 |
| Net Income from Fundraising Events | -$20,895 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $565,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $420,186 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,636 |
| Compensation of current officers, directors, key employees. | $66,818 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,526 |
| Pension plan accruals and contributions | $3,018 |
| Other employee benefits | $14,949 |
| Payroll taxes | $9,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,997 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,655 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,373 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $84 |
| 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 | $0 |
| Total functional expenses | $669,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $250,418 |
| 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 | $7,454,522 |
| Investments—other securities | $1,605,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $191,198 |
| Total assets | $9,501,138 |
| Accounts payable and accrued expenses | $6,268 |
| 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 | $29,848 |
| Total liabilities | $36,116 |
| Net assets without donor restrictions | $6,982,232 |
| Net assets with donor restrictions | $2,482,790 |
| 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 | $9,501,138 |
Grants Awarded
Over the last fiscal year, South Florida Baptist Hospital Foundation Inc has awarded $266,904 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH FLORIDA BAPTIST HOSPITAL INC PURPOSE: GENERAL SUPPORT | $248,365 |
ST JOSEPH'S HOSPITAL INC PURPOSE: NURSING SCHOLARSHIPS | $10,000 |
SFBH TEAM MEMBER EMERGENCY ASSISTANCE FUND PURPOSE: GENERAL SUPPORT | $8,539 |