BAPTIST HEALTH RICHMOND FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BAPTIST HEALTH RICHMOND FOUNDATION INC (EIN 31-1506378)
- Tax period
- 2023-09-01 to 2024-08-31
- Filed
- 2025-07-15
- IRS object ID
- 202511969349302171
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-15T12:41:04-05:00 | ReturnTs |
| Tax Period End | 2024-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ernst & Young US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 221 E 4th Street Suite 2900 | AddressLine1Txt |
| City | Cincinnati | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 45202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311506378 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baptist Health Foundation Richmond Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAPT | BusinessNameControlTxt |
| Phone | 5028965000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 Campus Place | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40299 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Richard F Carrico | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 5028965000 | PhoneNum |
| Signature | 2025-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Julie L Sparks | PreparerPersonNm |
| PTIN | P01268401 | PTIN |
| Phone | 5136121400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Greg Gerard | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 Eastern Bypass | AddressLine1Txt |
| City | Richmond | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40475 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,915,544 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.supportbaptisthealth.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or Mission | To assist, advance, support and strengthen Baptist Health Richmond hospital. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,051,682 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,714,489 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$24,116 | PYInvestmentIncomeAmt |
| CY Investment Income | $145,939 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$51,736 | PYOtherRevenueAmt |
| CY Other Revenue | -$38,168 | CYOtherRevenueAmt |
| PY Total Revenue | $975,830 | PYTotalRevenueAmt |
| CY Total Revenue | $1,822,260 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,013,266 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,356,163 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $228,437 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $204,567 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $66,117 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $45,065 | PYOtherExpensesAmt |
| CY Other Expenses | $59,761 | CYOtherExpensesAmt |
| PY Total Expenses | $1,286,768 | PYTotalExpensesAmt |
| CY Total Expenses | $1,620,491 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$310,938 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $201,769 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,787,956 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,945,380 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $93,742 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $78,941 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,694,214 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,866,439 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of Baptist Health Foundation Richmond is to serve as an instrument to assist, advance and strengthen Baptist Health Richmond hospital in its mission and ministry of healing, in its service as a health center for the community, in its mission to provide for the best education possible for students in various health fields, and in all related health and humanitarian endeavors. Baptist Health Foundation Richmond will encourage, solicit, receive and administer gifts, bequests, donations, and benefactions made to or for the benefit of Baptist Health Richmond hospital and Baptist Healthcare System, Inc. and will further the mission and ministry of our Christian heritage of service by enhancing the health of the people and communities we serve. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,468,675 | ExpenseAmt |
| Grant | $1,356,163 | GrantAmt |
| Desc | The primary purpose of Baptist Health Foundation Richmond is to foster philanthropy and charitable giving that will provide resources to assist, advance and strengthen Baptist Health Richmond hospital in fulfilling its mission, and the mission of Baptist Healthcare System, Inc. to address the region's healthcare needs. Baptist Health Foundation Richmond provides greater continuity and uniformity in the control, management, and distributions of gifts, bequests, donations, and benefactions received for the benefit of Baptist Health Richmond hospital and Baptist Healthcare System, Inc. Baptist Health Richmond hospital provides medically necessary care to all patients regardless of race, religion, sex, national origin, disability, age or ability to pay. Donations made to Baptist Health Foundation Richmond are used exclusively to support patient care, education and the capital needs of Baptist Health Richmond hospital. | Desc |
| Total Program Service Expenses | $1,468,675 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Richard F Carrico | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5028965000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 Campus Place | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| Catherine Holbrook | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Chad Aldridge | ||||||||
| Director (Effective 1/1/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Colleen Chaney | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| David W Smith | ||||||||
| Director (Through 12/31/23) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Douglass Owen MD | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Greg Gerard | ||||||||
| President & Director | 1.00 | 40.00 | Yes (X) | $0 | $413,461 | $45,610 | Yes (X) | |
| Jane Clouse | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Laura Stocker Steidle | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Lee Anne Browder | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Lindsey Arnold | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Mendi Goble | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Otis D Ballard | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Rev Mitch Brown | ||||||||
| Vice Chair & Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Ronda Taylor | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Schuronda Morton | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Sharon Switalski | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Sucheta Mohanty | ||||||||
| Chair & Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Tammy Hill | ||||||||
| Director (Effective 1/1/24) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Tyler Frazier | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Vickie Moberly | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jackson Davenport | ||||||||
| Asst Secretary (Through 2/20/24) | 40.00 | 0.00 | $0 | $46,745 | $1,092 | Yes (X) | ||
| Janet Norton | ||||||||
| Secretary | 1.00 | 40.00 | $0 | $1,070,881 | $38,654 | Yes (X) | ||
| Kari Lyons Martin | ||||||||
| Vice President | 40.00 | 0.00 | $0 | $83,503 | $24,943 | Yes (X) | ||
| Karl Lainhart | ||||||||
| Asst Treasurer | 1.00 | 40.00 | $0 | $210,810 | $38,710 | Yes (X) | ||
| Richard Carrico | ||||||||
| Treasurer | 1.00 | 40.00 | $0 | $883,091 | $30,778 | Yes (X) | ||
| Stephen R Oglesby | ||||||||
| Former Treasurer (Through 1/6/23) | 0.00 | 0.00 | $0 | $336,248 | $7,196 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,044,739 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $186,983 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $101,900 | FundraisingAmt |
| Related Organizations | $268,325 | RelatedOrganizationsAmt |
| Government Grants | $207,756 | GovernmentGrantsAmt |
| All Other Contributions | $1,136,508 | AllOtherContributionsAmt |
| Total Contributions | $1,714,489 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,762 | TotalRevenueColumnAmt |
| Exclusion | $117,762 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,177 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,177 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,177 | TotalRevenueColumnAmt |
| Exclusion | $28,177 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $55,116 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $101,900 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $93,284 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$38,168 | TotalRevenueColumnAmt |
| Exclusion | -$38,168 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,822,260 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $107,771 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,356,163 | TotalAmt |
| Program Services | $1,356,163 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,748 | TotalAmt |
| Program Services | $92,811 | ProgramServicesAmt |
| Management And General | $42,187 | ManagementAndGeneralAmt |
| Fundraising | $33,750 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,114 | TotalAmt |
| Program Services | $12,713 | ProgramServicesAmt |
| Management And General | $5,779 | ManagementAndGeneralAmt |
| Fundraising | $4,622 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,705 | TotalAmt |
| Program Services | $6,988 | ProgramServicesAmt |
| Management And General | $3,176 | ManagementAndGeneralAmt |
| Fundraising | $2,541 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,325 | TotalAmt |
| Management And General | $3,325 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,363 | TotalAmt |
| Management And General | $3,818 | ManagementAndGeneralAmt |
| Fundraising | $2,545 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,852 | TotalAmt |
| Management And General | $13,852 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93 | TotalAmt |
| Management And General | $93 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| Stewardship & Cultivati | $30,212 | $7,553 | $22,659 |
| Administrative Expense | $4,071 | $4,071 | |
| Dues & Subscriptions | $1,845 | $1,845 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,620,491 | TotalAmt |
| Program Services | $1,468,675 | ProgramServicesAmt |
| Management And General | $85,699 | ManagementAndGeneralAmt |
| Fundraising | $66,117 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,352 | BOYAmt |
| EOY | $24,253 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $285,119 | BOYAmt |
| EOY | $487,065 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,390 | BOYAmt |
| EOY | $58,150 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,036,939 | BOYAmt |
| EOY | $5,631,229 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,321,156 | BOYAmt |
| EOY | $2,744,683 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,787,956 | BOYAmt |
| EOY | $8,945,380 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,742 | BOYAmt |
| EOY | $78,941 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,742 | BOYAmt |
| EOY | $78,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,449,269 | BOYAmt |
| EOY | $6,909,690 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,244,945 | BOYAmt |
| EOY | $1,956,749 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,694,214 | BOYAmt |
| EOY | $8,866,439 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,787,956 | BOYAmt |
| EOY | $8,945,380 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $201,769 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $970,456 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baptist Healthcare System Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 610444707 | EIN |
| Organization Type | 3 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $1,356,163 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,356,163 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,231,113 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $773,905 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,005,018 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,577,879 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $653,234 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,231,113 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,277,487 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $300,392 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,577,879 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,232,820 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $44,667 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,277,487 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,232,820 | BeginningYearBalanceAmt |
| End Year Balance | $4,232,820 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Other Receivable | $411,681 |
| Perm Restricted Endowment | $2,333,002 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,744,683 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | InterCompany Liability | Desc |
| Amt | $78,941 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $78,941 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Board designated funds include assets set aside by the organization's Board of Directors for long-term uses, over which the Board retains control and may at its discretion subsequently use for other purposes. |
| Part X, Line 2: | Baptist Healthcare System, Inc. evaluates its uncertain tax positions on an annual basis in it's consolidated audited financial statements which include this filing entity. A tax benefit from an uncertain position may be recognized when it is more likely than not that the position will be sustained upon examination, including the resolution of any related appeals or litigation processes, based on the technical merit of the position. Baptist has determined that it has no uncertain tax positions that are required to be recorded as of August 31, 2024. Tax years that are open include the years from 2019 to 2022. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PACA Ball | Event1Nm |
| Gross Receipts Event1 | $157,016 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $101,900 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $55,116 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $23,985 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $28,275 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $22,223 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $18,801 | OtherDirectExpensesEvent1Amt |
| Event2 | None | Event2Nm |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Total | $157,016 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $101,900 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $55,116 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,985 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $28,275 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $22,223 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $18,801 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $93,284 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$38,168 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baptist Healthcare System Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 Campus Place | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 610444707 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $1,356,163 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | Support for capital projects, operations, patient and employee assistance. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part 1, Line 2: | FormAndLineReferenceDesc |
| Explanation | Procedures For Monitoring The Use Of Grants: Baptist Health Foundation Richmond, Inc. provides only direct contributions and other general support; therefore, no monitoring of charitable contributions is performed. In keeping with the Foundation's mission to support the efforts of Baptist Health Richmond hospital, the Foundation grants funds to the hospital as needed for capital projects, operations support, patient and employee assistance and growth. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Janet Norton | ||||||||||||||
| Secretary | $0 | $642,490 | $0 | $307,860 | $0 | $120,531 | $0 | $13,200 | $0 | $25,454 | $0 | $1,109,535 | $0 | $0 |
| Richard Carrico | ||||||||||||||
| Treasurer | $0 | $711,974 | $0 | $155,891 | $0 | $15,226 | $0 | $0 | $0 | $30,778 | $0 | $913,869 | $0 | $0 |
| Greg Gerard | ||||||||||||||
| President & Director | $0 | $309,026 | $0 | $99,068 | $0 | $5,367 | $0 | $13,200 | $0 | $32,410 | $0 | $459,071 | $0 | $0 |
| Stephen R Oglesby | ||||||||||||||
| Former Treasurer (Through 1/6/23) | $0 | $277,805 | $0 | $49,875 | $0 | $8,568 | $0 | $6,511 | $0 | $685 | $0 | $343,444 | $0 | $0 |
| Karl Lainhart | ||||||||||||||
| Asst Treasurer | $0 | $195,490 | $0 | $13,444 | $0 | $1,876 | $0 | $8,117 | $0 | $30,593 | $0 | $249,520 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 4b | The following individuals received a payout from the Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan, as they are fully vested in the plan: Janet Norton $97,033 Stephen R. Oglesby $6,163 |
| Part I, Line 3: | Baptist Healthcare System,Inc., a related organization of Baptist Health Foundation Richmond, Inc., uses the following to establish the compensation of the organization's CEO: - Compensation committee, - Independent compensation consultant, - Form 990 of other organizations, - Written employment contract, - Compensation survey or study, and - Approval by the Board or Compensation Committee |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part V, Line 2b | The employment tax returns for the employees reported on Line 2a were reported under a common paymaster. The employment taxes were paid and all employment tax returns were filed by Baptist Healthcare System, Inc., (FEIN:61-0444707). |
| Form 990, Part VI, Section A, line 6 | The organization's sole member is Baptist Healthcare System, Inc., (EIN: 61-0444707), a non-profit, tax-exempt corporation organized under and pursuant to the provisions of the laws of the Commonwealth of Kentucky. |
| Form 990, Part VI, Section A, line 7a | Baptist Healthcare System, Inc., the sole member, has the authority to appoint the board members for Baptist Health Foundation Richmond, Inc. |
| Form 990, Part VI, Section A, line 7b | Actions Requiring Member Approval: The consent and approval of the Member shall be required for all major corporate actions, and any act the result of which would be to: (a) amend, repeal, or alter the Amended and Restated Articles of Incorporation or the Amended and Restated Bylaws; (b) merge or consolidate or agree to merge or consolidate the Corporation with or into any other organization; (c) liquidate, reorganize, or recapitalize the Corporation; (d) create or incur any indebtedness which exceeds $50,000; (e) make any capital expenditure which exceeds $50,000; (f) authorize the execution of any contract, agreement, or similar instrument by which the Corporation may be obligated to pay more than $50,000 in any year; (g) other than acquiring marketable securities held for investment purposes, acquire the stock of any corporation or invest in or acquire any interest in any business enterprise; (h) sell or agree to sell or otherwise dispose of all or a substantial part of the assets of the Corporation or any investment or interest in any business enterprise, other than marketable securities disposed of in the ordinary course of the Corporation's activities; (i) adopt the Corporation's annual operating budget and capital expenditures budget; (j) accept any gift that requires the Corporation or the Member to match funds, to carry out substantial new activities in connection with the gift. or that is made subject to restrictions that are not clearly consistent with the Corporation's charitable purposes and with the Member's mission; (k) accept any gift of real property; (l) accept any gift that requires the Corporation or the Member to assume indebtedness; (m) make any gift or contribution to any organization other than the Member or Baptist Health Richmond unless such gift or contribution is approved by the Member or is consistent with guidelines established by the Member; or (n) adopt investment guidelines. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is internally prepared and reviewed by an outside accounting firm. The governing body receives an electronic copy of the Public Disclosure Copy of the Form 990 for review prior to filing with the IRS. Any questions or comments are addressed by explanation or a change to the form. |
| Form 990, Part VI, Section B, line 12c | Annually the Secretary of Baptist Healthcare System, Inc. (BHS) sends out a conflict of interest questionnaire to each of the Directors serving on the Board of Baptist Health Foundation Richmond, (BHFR). After completion, they are returned to the Secretary and reviewed by the Board or the Governance Effectiveness Committee for any potential conflicts. A conflict of interest is any circumstance, relationship (financial or otherwise), activity or decision (made in the course of governance, management or professional responsibilities or otherwise) that adversely influences or appears to adversely influence the ability of a covered person to: 1) make objective decisions on behalf of BHFR and/or 2) act in the best interests of BHFR in a manner consistent with the tax-exempt purposes of BHFR. The Board or Committee will determine by a majority vote of disinterested directors whether the disclosed financial or special interest may result in a conflict of interest. |
| Form 990, Part VI, Section B, line 15b | The officers of Baptist Health Foundation Richmond, Inc. are not employees of Baptist Health Foundation Richmond, Inc. but are employees of Baptist Healthcare System, Inc., a tax-exempt 501(c)(3) organization which is the sole member of Baptist Health Foundation Richmond, Inc. The officers are compensated by Baptist Healthcare System, Inc. Annually, the Baptist Healthcare System, Inc. Compensation Committee reviews the compensation, including base compensation and incentive compensation for the President and all officers of Baptist Healthcare System, Inc. The Baptist Healthcare System, Inc. Compensation Committee is comprised of independent Board Members. The Committee retains a Compensation Consultant to advise the Committee and who provides data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated healthcare organizations. The Committee reviews this information in approving annual base and incentive compensation and other items of reportable compensation described on Schedule J of the IRS Form 990. The decisions of the Committee regarding compensation are contemporaneously documented in the minutes of the Committee. Annually, the Committee Chairperson and the Compensation Consultant provide a report on executive compensation to the full Board of Directors of Baptist Healthcare System, Inc. |
| Form 990, Part VI, Section C, line 19 | The organization will provide any documents open to public inspection upon request. |
| Form 990, Part VII: | Officers of Baptist Health Foundation Richmond, Inc. provide services to Baptist Healthcare System, Inc. and its subsidiaries. Hours worked are not tracked on an entity by entity basis. Therefore, all officers' hours reported on Form 990, Part VII, Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors represent aggregate hours worked per week for all entities. Greg Gerard received compensation from Baptist Healthcare System, Inc., a related organization of Baptist Health Foundation Richmond. The compensation he received is for his role at Baptist Healthcare System, Inc., and not for his role as a Director of Baptist Health Foundation Richmond, Inc. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baptist Health Foundation Corbin Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 473033550 | Fundraising | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Health Foundation Floyd Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 922389529 | Fundraising | IN | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Health Foundation Greater Louisville Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 200292291 | Fundraising | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Health Foundation Lexington Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 611480774 | Fundraising | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Health Foundation Paducah Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 264057759 | Fundraising | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Health Medical Group Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 205497203 | Physician Services | KY | 501(c)(3) | Line 3 | BHS | Yes (1) | |
| Baptist Healthcare Foundation Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 311122867 | Fundraising | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Baptist Healthcare System Inc | |||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 610444707 | Hospital | KY | 501(c)(3) | Line 3 | 0 | N/A | |
| Mercy Regional Emergency Medical System | |||||||||||
| 3551 Coleman Road | Paducah | KY | 42001 | 611310466 | Ambulance Service | KY | 501(c)(3) | Line 12a, I | BHS | Yes (1) | |
| Pattie A Clay Hospital Auxiliary | |||||||||||
| Post Office Box 1600 | Richmond | KY | 40476 | 510172717 | Hospital Support | KY | 501(c)(3) | Line 12a, I | BHS | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Baptist East Milestone LLC | ||||||||||
| 750 Cypress Station Road | Louisville | KY | 40207 | 611355065 | Fitness Center | KY | N/A | N/A | 0 | 0 |
| Baptist - Physicicans' Surgery Center | ||||||||||
| 1720 Nicholasville Road | Lexington | KY | 40503 | 043665929 | Ambulatory Surgery Center | KY | N/A | N/A | 0 | 0 |
| Medical Associates of Middletown | ||||||||||
| 1901 Campus Place | Louisville | KY | 40299 | 200399400 | Medical Office Building | KY | N/A | N/A | 0 | 0 |
| Baptist Health Cumberland Valley Surgical Center LLC | ||||||||||
| 275 Hwy 770 | Corbin | KY | 40701 | 611348280 | Ambulatory Surgery Center | KY | N/A | N/A | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Baptist Healthcare System Inc | ||
| B | $1,356,163 | Cost |
| Baptist Healthcare System Inc | ||
| C | $260,965 | Cost |
Comments