Overview
What is Baptist Healthcare Foundation Inc?
Baptist Healthcare Foundation Inc, located in Louisville, Kentucky, is a nonprofit organization with a mission to aid and strengthen the member hospitals of Baptist Healthcare System Inc. Their primary role is to support the system's mission of healing and service to their communities. By acting as an instrumental tool, the foundation seeks to advance and enhance the health center's capabilities, encompassing all health-related and humanitarian efforts. With a team of 10 dedicated individuals, the foundation is committed to contributing to the betterment of the communities served by Baptist Healthcare System Inc.
Official website here: www.supportbaptisthealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Stars
Baptist Healthcare Foundation Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its financial practices and overall accountability. While the organization excels in governance aspects, such as having a majority of independent board members and robust policies in place for conflicts of interest and whistleblowing, it falls short in key financial metrics, which heavily impact its overall score.
The foundation has demonstrated good control and oversight in areas such as document retention and board meeting minutes. However, it faces challenges with its financial health, particularly noted in its liabilities to assets ratio and program expense ratio, both scoring zero. This suggests that the foundation may not be effectively utilizing its resources for its intended programs or managing its financial obligations adequately.
The fundraising efficiency also raises concerns, with a low ratio indicating that the foundation may not be raising funds effectively relative to its expenses. Overall, while the governance structures in place are strong, the significant issues with financial management could hinder the foundation's impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Healthcare Foundation Inc legitimate?
Baptist Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Healthcare Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $882,085
Other Salaries and Wages: $1,027,675
For more financial information, click here
Official website here: www.supportbaptisthealth.org
What is the mission statement of Baptist Healthcare Foundation Inc?
The mission of Baptist Healthcare Foundation Inc. is to aid and reinforce the efforts of Baptist Healthcare System Inc., in their commitment to healing and serving their communities. The foundation acts as a tool to strengthen and advance this organization, contributing to its role as a healthcare provider and a center for humanitarian endeavors within related health fields.
Official website here: www.supportbaptisthealth.org
Who is the CEO of Baptist Healthcare Foundation Inc?
Gerard Colman is the President & Director of Baptist Healthcare Foundation Inc.
Official website here: www.supportbaptisthealth.org
What is the revenue of Baptist Healthcare Foundation Inc?
Baptist Healthcare Foundation Inc's revenue in 2022 was $4,376,365.
Official website here: www.supportbaptisthealth.org
Who are the executives of Baptist Healthcare Foundation Inc and what are their salaries?
The average compensation at Baptist Healthcare Foundation Inc during 2022 was $102,768. There are 10 employees at Baptist Healthcare Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $3,233,092
- Other: $329,946
- Compensation: $0
- Related: $3,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,000
- Other: $0
- Compensation: $0
- Related: $1,089,048
- Other: $39,420
- Compensation: $0
- Related: $1,627,181
- Other: $38,060
Official website here: www.supportbaptisthealth.org
Where can I find the form 990 for Baptist Healthcare Foundation Inc?
Baptist Healthcare Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportbaptisthealth.org
Learn more at the official website: www.supportbaptisthealth.org
Mission Statement of Baptist Healthcare Foundation Inc
Baptist Healthcare Foundation Inc, a nonprofit organization, is committed to serving as an aid to strengthen and advance Baptist Healthcare System Inc in their mission of healing and community service. This foundation plays a crucial role in supporting Baptist Healthcare System Inc as they work tirelessly to provide healthcare services and contribute to humanitarian endeavors within their communities. By assisting the member hospitals of Baptist Healthcare System Inc, the foundation helps further their ministry of healing and their role as a health center for the communities they serve.
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Impact
October, 2024
Baptist Healthcare Foundation Inc plays a crucial role in enhancing the healthcare services provided by Baptist Healthcare System, Inc. By advancing and strengthening their ministry of healing, the Foundation significantly impacts the well-being of the communities it serves. Through its efforts, the Foundation supports member hospitals in delivering high-quality health services and humanitarian endeavors, ensuring that local residents have access to essential medical care and resources. This commitment to health not only addresses immediate medical needs but also fosters a culture of wellness and healing throughout the community. The Foundation's work exemplifies a dedication to improving public health outcomes and supporting the vulnerable populations in Louisville, KY, and beyond.
This information is meant to be a general summary of Baptist Healthcare Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $82,672
- Gross Receipts: $4,376,365
Assets and Liabilities:
- Total Assets: $3,020,410
- Total Liabilities: $4,627
- Net Assets: $3,015,783
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Organization Details
Founding Year
1983
Phone
(502) 896-5000Principal Officer
Gerard Colman
Main Address
1901 Campus Place, Louisville, KY, 40299
Website
www.supportbaptisthealth.orgNTEE Category
Code: E21I - Health
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