Overview
What is Baptist Health Foundation Inc?
Baptist Health Foundation Inc, based in Birmingham, Alabama, serves as a charitable organization dedicated to supporting the Brookwood Baptist Health System. Their primary mission is to strengthen and advance the system's charitable endeavors, including its healthcare ministry and medical education programs. To achieve this, they provide financial assistance to patients and employees in need, offering a total of $1,323,814 in aid during a specific year. This assistance included Lucille Beeson Indigent Care, Dwight Beeson Indigent Care, Patient Assistance, and Employee Assistance. By offering these resources, Baptist Health Foundation Inc aims to promote education and social assistance within the communities served by the Baptist Health System's joint-ventured hospitals, furthering the healing ministry of Jesus Christ.
Official website here: www.baptisthealthfoundation.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Baptist Health Foundation Inc has achieved a high rating of 97%, indicative of its strong performance in accountability and finance. The organization's score is primarily based on its fiscal management practices, which are exemplary across multiple criteria. Notably, the foundation has a fully independent board and has demonstrated no material diversion of assets, indicating a robust commitment to transparency and ethical governance.
Strengths of the foundation include an impressive program expense ratio of 81.76%, highlighting its effective allocation of resources towards its mission. Additionally, the foundation exhibits a very low fundraising efficiency ratio, meaning it raises funds with minimal costs, which is a strong indicator of operational effectiveness. The foundation also maintains strong liquidity with a working capital ratio of 13.40 years, ensuring it can meet its obligations and sustain its programs.
While the foundation appears to be performing exceptionally well in financial and governance metrics, there are no noted limitations in the available data. This suggests that Baptist Health Foundation Inc operates with a high degree of integrity and effectiveness, making it a trustworthy option for donors looking to support healthcare-related initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Baptist Health Foundation Inc legitimate?
Baptist Health Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baptist Health 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:
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Official website here: www.baptisthealthfoundation.net
What is the mission statement of Baptist Health Foundation Inc?
Baptist Health Foundation Inc's mission is to aid, enhance, and strengthen the charitable endeavors of Brookwood Baptist Health System's healthcare ministry and medical education program. This is accomplished by providing charitable resources, supporting the continuous improvement of health, offering social assistance, and promoting education for the communities served by the Baptist Health System's joint ventured hospitals. The foundation's activities include offering charity care and benevolence to patients and employees of the Baptist Health System who demonstrate a financial need, providing assistance to over 500 patients and 17 employees during the year with a total amount of $1,318,908.
Official website here: www.baptisthealthfoundation.net
Who is the CEO of Baptist Health Foundation Inc?
Alison Scott is the Chairman of Baptist Health Foundation Inc.
Official website here: www.baptisthealthfoundation.net
What is the revenue of Baptist Health Foundation Inc?
Baptist Health Foundation Inc's revenue in 2022 was $3,017,108.
Official website here: www.baptisthealthfoundation.net
Who are the executives of Baptist Health Foundation Inc and what are their salaries?
There 126 volunteers at Baptist Health Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.baptisthealthfoundation.net
Where can I find the form 990 for Baptist Health Foundation Inc?
Baptist Health Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptisthealthfoundation.net
Learn more at the official website: www.baptisthealthfoundation.net
Mission Statement of Baptist Health Foundation Inc
Baptist Health Foundation Inc, a charitable organization, is committed to aiding, enhancing, and fortifying the benevolent endeavors of Brookwood Baptist Health System's charitable activities. Its primary mission is to provide charitable resources to support the ongoing improvement of health, offer social assistance, and promote education for communities served by the Baptist Health System's joint-ventured hospitals. This mission is rooted in furthering the healing ministry of Jesus Christ.
In practical terms, Baptist Health Foundation Inc focuses on providing charity care and benevolence to the patients and employees of the Brookwood Baptist Health System who demonstrate a need for financial assistance. During a specific year, the foundation was able to assist over 500 patients and 17 employees, offering a total of $1,323,814 in aid. The assistance was distributed across various categories, including Lucille Beeson Indigent Care, Dwight Beeson Indigent Care, Patient Assistance, and Employee Assistance.
In essence, Baptist Health Foundation Inc serves as a crucial support system for those in need within the Brookwood Baptist Health System. By providing financial assistance, the foundation helps alleviate the financial burdens faced by patients and employees, ensuring they can continue to receive necessary medical care without undue financial stress. This mission aligns with the broader goal of furthering the healing ministry of Jesus Christ and improving the overall health and well-being of the communities served by the Baptist Health System.
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Impact
July, 2024
Baptist Health Foundation Inc significantly impacts the community by providing charitable resources to support the improvement of health, offering social assistance, and promoting education for the communities served by the Baptist Health System's joint-ventured hospitals. Through their activities, they further the healing ministry of Jesus Christ, benefiting both patients and employees of the Brookwood Baptist Health System who are in need of financial assistance. In a recent year, the foundation was able to provide assistance to over 500 patients and 17 employees, totaling $1,323,814 in support. This demonstrates their commitment to enhancing healthcare access and quality, making a tangible difference in the lives of those they serve.
This information is meant to be a general summary of Baptist Health 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: $406,046
- Gross Receipts: $5,534,830
Assets and Liabilities:
- Total Assets: $35,616,372
- Total Liabilities: $895,984
- Net Assets: $34,720,388
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Organization Details
Founding Year
1967
Phone
(205) 715-4631Principal Officer
Alison Scott
Main Address
1130 22ND ST S STE 3200, BIRMINGHAM, AL, 352052870
NTEE Category
Code: E22J - Health
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