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Baptist Memorial Health Care Foundation

Baptist Memorial Health Care Foundation

Memphis, TN 38120
Tax ID58-1544781

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About this organization

Revenue

$47,981,896

Expenses

$11,458,602

Mission

Baptist Memorial Health Care Foundation supports the Baptist Memorial Health Care System, which provides excellent care to patients in Tennessee, Arkansas and Mississippi. We partner together to develop the advancement of patient care, addressing current health issues, helping those most in need, and molding new generations of health care professionals. Building on a 103-year tradition of providing award winning care for patients from birth to the end of life, our passion is to raise funds and awareness for projects and services that encourage healthy behaviors and provide excellent health care for each of our patients and families. Our Baptist mission motivates our compassion, and strengthens our ability to reach above and beyond, and to truly transform what it means to be a heath care provider, while honoring our vision of the three-fold ministry of Christ - healing, preaching and teaching.

About

BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC., ESTABLISHED IN 1983, IS THE FUNDRAISING ARM OF THE BAPTIST MEMORIAL HEALTH CARE SYSTEM, WHICH RAISES MONEY TO BENEFIT VARIOUS BAPTIST MEMORIAL HEALTH CARE CORPORATION PROGRAMS AND SERVICES. FUNDS RAISED BY BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. HELP ACCOMPLISH BAPTIST MEMORIAL HEALTH CARE CORPORATION'S CHARITABLE CARE OBJECTIVES AND PROVIDE RESOURCES FOR ENHANCED PATIENT CARE, EDUCATION, AND GROUNDBREAKING CLINICAL RESEARCH. BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. SOLICITS, RECEIVES, AND MANAGES CONTRIBUTIONS, GIFTS, GRANTS, AND BEQUESTS. FUNDS RAISED BY BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. PLAY A KEY ROLE IN FULFILLING THE MISSION OF HEALING, PREACHING, AND TEACHING FOR THE AFFILIATES OF BAPTIST MEMORIAL HEALTH CARE CORPORATION. BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. ADMINISTERS CONTRIBUTED DOLLARS THROUGH NUMEROUS DONOR RESTRICTED FUNDS WHICH SUPPORT THE CONTINUUM OF CARE OFFERED BY BAPTIST MEMORIAL HEALTH CARE CORPORATION FACILITIES INCLUDING ONCOLOGY, CARDIOVASCULAR, PEDIATRIC, AND REHABILITATIVE SERVICES, JUST TO NAME A FEW. BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. ALSO ALLOCATES A PORTION OF UNRESTRICTED CONTRIBUTED DOLLARS AND PORTFOLIO EARNINGS FOR THE BENEFIT OF ITS VARIOUS GRANT PROGRAMS.BOARD OF DIRECTORS GRANT PROGRAM BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC.'S BOARD OF DIRECTORS GRANT PROGRAM HAS MADE AVAILABLE THE NECESSARY FUNDS TO EXPAND EXISTING SERVICES AND PROGRAMS THROUGHOUT THE SYSTEM CREATING A NUMBER OF NEW AND EXCITING INITIATIVES. THE FUNDS MADE AVAILABLE FOR THE BOARD OF DIRECTORS GRANT PROGRAM HAVE COME THROUGH UNRESTRICTED CONTRIBUTIONS, AS WELL AS, CAREFUL INVESTMENT OF THE BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC.'S ENDOWMENT. THE FOLLOWING PROGRAMS RECEIVED NEW FUNDING DURING THE 2019 FISCAL YEAR: INTRAOPERATIVE RADIATION THERAPY: THE PURPOSE OF THE GRANT IS FOR THE BAPTIST WOMEN'S HOSPITAL TO PURCHASE AN INTRAOPERATIVE RADIATION THERAPY (IORT) DEVICE AS AN ALTERNATIVE WAY TO ADMINISTER RADIATION THERAPY IN ONE SINGLE DOSE, DIRECTLY TO THE TUMOR SITE DURING BREAST CANCER SURGERY. GIVING IORT AT THE SAME TIME AS A LUMPECTOMY IS A GOOD OPTION FOR SELECTED WOMEN DIAGNOSED WITH EARLY-STATE BREAST CANCER, AS OPPOSED TO TRADITIONAL WHOLE-BREAST EXTERNAL BEAM RADIATION THERAPY WHICH AIMS RADIATION AT THE WHOLE BREAST OR TO THE AREA OF THE BREAST WHERE THE CANCER WAS DIAGNOSED. THIS CUTTING-EDGE TECHNOLOGY IS THE ONLY ONE OF ITS KIND IN THE AREA, AND PROVIDES ELIGIBLE BREAST CANCER PATIENTS WITH A VIABLE OPTION TO ALLOW THEM TO GET THE NEEDED TREATMENT WHILE MINIMIZING SIDE EFFECTS AND TIME AWAY FROM FAMILY AND WORK.BAPTIST COMMUNICATIONS CENTER: THE PURPOSE OF THE GRANT IS TO DEVELOP A STATE-OF-THE-ART TELECOMMUNICATIONS HUB THAT CAN OFFER "APPLE-LIKE" SUPPORT TO THE BAPTIST CONSUMER NEEDING CARE OR ASSISTANCE IN ORDER TO ACHIEVE THE DESIRED GOALS OF INCREASING CUSTOMER VALUE, IMPROVING ACCESSIBILITY AND IMPROVING BOTH THE PATIENT AND PROVIDER EXPERIENCES.ADDICTION MEDICINE FELLOWSHIP INITIAL SUPPORT: THE PURPOSE OF THE GRANT IS TO PROVIDE START-UP FUNDING FOR TWO YEARS TO LAUNCH THE ADDICTION MEDICINE FELLOWSHIP AT BAPTIST. THIS FUNDING WILL TRAIN SPECIALISTS IN ADDICTION MEDICINE USING A HOLISTIC, INTEGRATED CARE MODEL FOR PATIENTS WITH SUBSTANCE/ALCOHOL ABUSE DISORDER, EMBRACING DOMAINS OF ADDICTION, MEDICINE, PHYSICIAN AND MENTAL HEALTH, AND KEY SOCIAL DETERMINANTS OF HEALTH. SYSTEM CLINICAL NURSE RESIDENCY DIRECTOR: THE PURPOSE OF THE GRANT IS TO FUND A SYSTEM CLINICAL NURSE RESIDENCY (CNR) DIRECTOR TO DEVELOP, IMPLEMENT AND OVERSEE A SYSTEM CLINICAL NURSE RESIDENCY PROGRAM. ASSURING NEW NURSING GRADUATE COMPETENCY AND CONFIDENCE THROUGH IMPLEMENTATION OF A CNR PROGRAM SUPPORTS THE DELIVERY OF SAFE, QUALITY CARE AND PATIENT EXPERIENCE, THEREBY MINIMIZING THE IMPACT OF POTENTIAL PREVENTABLE ADVERSE EVENTS. OFFICER GRANTSTHE BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC.'S OFFICER GRANT PROGRAM ALLOWS OFFICERS AND BOARD MEMBERS OF BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. TO FACILITATE SMALLER GRANT REQUESTS ($100,000 AND LESS) WITH A HEALTH-RELATED FOCUS. SOME OF THE INITIATIVES AND ORGANIZATIONS ASSISTED THROUGH THESE GRANT PROGRAMS INCLUDE:SUPPORT FOR THE PROGRAMMATIC EXPANSION AT THE KEMMONS WILSON FAMILY CENTER FOR GOOD GRIEF, AN ENTITY THAT DOES NOT GENERATE REVENUE. COMMUNITY OUTREACH PROJECTS TO INCLUDE HEALTHCARE FOR THE HOMELESS, CARE OF THE DIABETES POPULATION, SUPPORT FOR HEART HEALTH, CANCER PROGRAMMING AND MEETING THE NEEDS OF THE UNDERSERVED.OTHER SUPPORTIN 2013, BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC.'S BOARD APPROVED THE RESTRICTION OF A PORTION OF THE FOUNDATION'S PORTFOLIO OF ASSETS TO PROVIDE AN ENDOWMENT FOR THE BENEFIT OF BAPTIST MEMORIAL COLLEGE OF HEALTH SCIENCES, INC. (THE COLLEGE). THE INCOME FROM THESE RESTRICTED FUNDS IS TO FUND A TUITION ASSISTANCE PROGRAM FOR THE STUDENTS OF THE COLLEGE. DURING 2018, APPROXIMATELY $799,929 WAS SPENT FROM ENDOWMENT EARNINGS TO SUPPORT THE TUITION ASSISTANCE PROGRAM. AT THE END OF THE 2019 FISCAL YEAR, IN EXCESS OF $33 MILLION WAS RESTRICTED IN THE ENDOWMENT FOR THE BENEFIT OF THE COLLEGE AND ITS STUDENTS.DONOR-RESTRICTED FUNDSBAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. ADMINISTERS A NUMBER OF DONOR-RESTRICTED FUNDS WHICH PROVIDE BENEFITS TO PATIENTS OF THE AFFILIATE HOSPITALS, AS WELL AS, THE COMMUNITY AT LARGE. BAPTIST MEMORIAL HEALTH CARE FOUNDATION, INC. PROVIDES SUPPORT FOR BOTH THE CHARITY NEEDS OF PATIENTS AND EMPLOYEES THROUGH CHARITABLE CARE AND EMPLOYEE EMERGENCY ASSISTANCE FUNDS.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Baptist memorial health care foundation, inc., the fundraising arm of baptist memorial health care corporation, raises money to benefit various baptist memorial health care corporation programs and services.funds raised by baptist memorial health care foundation, inc. help accomplish baptist memorial health care corporation's charitable care objectives and provide resources for enhanced patient care, education, and groundbreaking clinical research. baptist memorial health care foundation, inc. solicits, receives, and manages contributions, gifts, grants, and bequests.”.

When discussing its purpose, they were characterized as: “Baptist memorial health care foundation, inc.'s primary mission is to solicit and receive contributions, gifts, grants, devises, or bequests of real and/or personal property from individuals, foundations, partnerships, associations, governmental bodies, public and/or private corporations and to maintain, use, and apply, directly or indirectly, the whole or any part of the income therefrom and the principal thereof exclusively for the benefit of, or to carry out the purposes of the baptist memorial health care system.”.

  • The state in which the non-profit is legally authorized to operate is TN, as reported.
  • The filing confirms that the non-profit's address in 2020 was 350 N HUMPHREYS BLVD, MEMPHIS, TN, 38120.
  • The form of the non-profit reports 11 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $36,523,294.
  • The organization has 15 independent voting members.
  • The organization was formed in 1983.
  • The organization pays $1,663,937 in salary, compensation, and benefits to its employees.
  • The organization pays $492,173 in fundraising expenses.

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