EIN 58-1594191

Ballad Health Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1984
Most recent tax filings
2022-06-01
Description
The Ballad Health Foundation fulfills its mission and vision by building relationships through philanthropy. Through collaborative efforts, the foundation aims to transform the community's health and well-being. Over 3,800 businesses and individuals have provided gifts that support this initiative during a twelve-month period ending in June 2022.
Also known as...
Wellmont Foundation
Total revenues
$13,795,215
2022
Total expenses
$6,462,250
2022
Total assets
$62,092,613
2022
Num. employees
9
2022

Program areas at Ballad Health Foundation

Ballad Health Foundation builds relationships that fulfill the mission and vision of Ballad Health through philanthropy. During the twelve-month period ended june 30, 2022, over 3,800 community-minded businesses and individuals made gifts that enabled the Foundation to leverage the power of philanthropy to improve the overall Health of the region. These gifts enabled the Foundation to provide $5,153.289 for equipment, programs, and services throughout the region. Facilities and programs serving women and children received $4,091,636, with $3,537,500 of those dollars going toward planning and preliminary construction expenses to create the newest and most modern nicu in the states of Tennessee or Virginia. The Foundation also provided $934,585 for equipment that includes: infant radiant warmers, wound care treatment chairs, ekgs, accuveins, fetal monitors, patient recliners, blood cell processor, vascular scanner, and a new comprehensive women's Health mobile unit. The Foundation provided $135,607 in funding for oncology services with a special emphasis on cancer screening and detection for women, as well as $38,562 for parish nursing, and $25,198 for hospice and home Health programs. Finally, the Foundation provided $384,690 in direct assistance through Ballad Health's patient assistance and team member emergency funds.

Grants made by Ballad Health Foundation

GranteeGrant descriptionAmount
Ballad Health$4,472,085 for Capital Needs and $587,200 for Miscellaneous Other Projects$5,059,285
United Way of East Tennessee HighlandsRegion A.h.e.a.d.$5,000

Who funds Ballad Health Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustHealth$4,000,000
The Genan FoundationGrant To Hire Additional Peer Recovery Specialists$119,196
Ayers FoundationGeneral/operating$100,000
...and 14 more grants received

Personnel at Ballad Health Foundation

NameTitleCompensation
Todd NorrisTrustee$0
Jack SimpsonPresident$269,195
Lynn KrutakTrustee and BH Executive Vice President and Chief Financial Officer$0
Greg CoxSecretary and Treasurer$0
Ted FieldsChairperson$0
...and 10 more key personnel

Financials for Ballad Health Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,715,022
Program services$0
Investment income and dividends$1,031,944
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,002,655
Net income from fundraising events$-54,381
Net income from gaming activities$99,975
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,795,215

Form 990s for Ballad Health Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-26990View PDF
2019-062021-12-28990View PDF
2018-062019-08-17990View PDF
2017-062018-05-14990View PDF
...and 7 more Form 990s
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 4 new personnel
May 11, 2023
Received grants
Identified 5 new grant, including a grant for $1,271,965 from Eastman Credit Union (ECU)
March 28, 2023
Used new vendors
Identified 1 new vendor, including
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsHealth organizationsCharities
Issues
Health
Characteristics
Provides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
1019 W Oakland Ave Suite 2
Johnson City, TN 37604
Metro area
Johnson City, TN
County
Washington County, TN
Website URL
balladhealth.org/ 
Phone
(423) 302-3131
IRS details
EIN
58-1594191
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E12: Health Care Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Ballad Health Foundation has new information, or want to find more organizations like Ballad Health Foundation?

Create free Cause IQ account