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Nonprofiteer
← COXHEALTH FOUNDATION

Form 990 for tax year 2024

Filed by COXHEALTH FOUNDATION.

Totals

Total revenue
$13,174,246
Total expenses
$7,250,932
Contributions and grants received
$12,159,196
Grants paid
$6,611,549
Program service revenue
$0
Investment income
$1,030,259
Other revenue
-$15,209
Total assets, end of year
$38,982,151
Total liabilities, end of year
$1,344,636
Net assets or fund balances, end of year
$37,637,515
Program services expenses (Part IX)
$6,611,549
Management and general expenses
$15,491
Fundraising expenses
$623,892
Program service expenses (Part III)
$6,611,549

Program services were 91.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $529,035

  • 1e · Government grants (contributions)

    $171,419

  • 1f · All other contributions, gifts and grants

    $11,458,742

  • 1g · Noncash contributions included above

    $1,370,719

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $801,064 · excluded $801,064

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,339,179

  • 7b · Less cost or other basis and sales expenses

    securities $1,109,984

  • 7c · Gain or loss

    securities $229,195 · other assets $0

  • 7d · Net gain or loss

    total $229,195 · excluded $229,195

  • 8a · Fundraising events: gross income

    $93,961

  • 8a · Fundraising events: contributions included on line 1c

    $529,035

  • 8b · Fundraising events: direct expenses

    $115,810

  • 8c · Net income from fundraising events

    total -$21,849 · excluded -$21,849

  • 9a · Gaming: gross income

    $6,640

  • 9c · Net income from gaming

    total $6,640 · excluded $6,640

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $708,157 · program services $708,157

  • 2 · Grants to domestic individuals

    total $5,903,392 · program services $5,903,392

  • 11c · Fees: accounting

    total $6,895 · management and general $6,895

  • 11f · Fees: investment management

    total $8,596 · management and general $8,596

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: FUNDRAISING EXPENSES

    total $623,892 · fundraising $623,892

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,448,392 · end of year $3,738,208

  • 3 · Pledges and grants receivable

    beginning of year $1,947,047 · end of year $3,204,702

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $30,826,865 · end of year $32,039,241

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $1,891

  • 19 · Deferred revenue

    beginning of year $790,548 · end of year $725,954

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $699,884 · end of year $616,791

  • 27 · Net assets without donor restrictions

    beginning of year $2,248,861 · end of year $2,143,474

  • 28 · Net assets with donor restrictions

    beginning of year $30,483,011 · end of year $35,494,041

Mission and programs · 2024

Mission

THE MISSION OF THE COXHEALTH FOUNDATION IS TO FACILITATE THROUGH PHILANTHROPY THE QUALITY HEALTH CARE, EDUCATION AND RESEARCH PROVIDED BY COXHEALTH. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

Activities or mission (Part I)

THE MISSION OF THE COXHEALTH FOUNDATION IS TO FACILITATE THROUGH PHILANTHROPY THE QUALITY HEALTH CARE, EDUCATION AND RESEARCH PROVIDED BY COXHEALTH.

  • THE COXHEALTH FOUNDATION'S LARGEST PROGRAM IS OUR GRANT FUNDED PROGRAM CATEGORY. THE COXHEALTH FOUNDATION ANNUALLY APPLIES FOR LOCAL, STATE AND FEDERAL GRANT FUNDS TO SUPPORT QUALITY, SAFETY AND TECHNOLOGY IMPROVEMENTS, ENHANCED PATIENT CARE AND SERVICES, POPULATION HEALTH INITIATIVES AMONGST OTHER NEEDS. ALL GRANT APPLICATIONS SEEK TO HELP FULFILL THE MISSION OF THE FOUNDATION.

    Expenses $4,518,047 · Grants $4,518,047

  • THE SECOND PROGRAM WAS OUR FACILITY PROGRAM. THE COXHEALTH FOUNDATION RAISES FUNDS TO EXPAND AND IMPROVE PATIENT FACILITIES TO ALLOW THE ORGANIZATION TO BETTER SERVE OUR COMMUNITY WITH IMPROVED ACCESS, THROUGH MODERN, TECHNOLOGICALLY ADVANCED LOCATIONS.

    Expenses $708,157 · Grants $708,157

  • THE THIRD PROGRAM WAS OUR PATIENT SERVICES. THIS REPRESENTS DIRECT FINANCIAL SUPPORT FOR PATIENT CARE INCLUDING MONTHLY GRANTS FOR INPATIENT CARE, DAILY DISTRIBUTIONS FOR MEDICATIONS, TRAVEL ASSISTANCE, SPECIAL NEEDS, SUPPORT FOR ITEMS LIKE MASTECTOMY SUPPLIES, NUTRITIONAL SUPPLEMENTS, MEAL VOUCHERS WHILE RECEIVING CARE, BREAST PUMPS, PREVENTION SCREENINGS, FREE COLONOSCOPIES, LIFELINE SERVICES FOR THE ELDERLY, SUPPORT FOR HOSPICE PATIENTS, REHAB CARE FOR TRAUMA AND CARDIAC PATIENTS, SUPPORT FOR STROKE CARE AND MORE.

    Expenses $651,560 · Grants $651,560

  • THE COXHEALTH FOUNDATION ADDITIONALLY PROVIDED $316,521 IN SCHOLARSHIPS FOR HEALTH PROFESSIONS AND FOR PATIENT AND STAFF EDUCATION AS WELL AS RAISING FUNDS FOR PATIENT SERVICES FUNDS FOR THE FUTURE NEEDS OF PATIENTS FOR THEIR CARE AND SPECIAL MEDICAL NEEDS.

    Expenses $733,785 · Grants $733,785

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Foster

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Ken Teague

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Andy Bartholomy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Charles Woodall III

    CHAIRMAN

    Total calculated
    $2,268,675
    From this org
    $0
    From related orgs
    $2,206,767
    Other
    $61,908
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,173,004 related
    Bonus
    $0 + $33,763 related
    Other
    $0
    Deferred
    $0 + $44,361 related
    Nontaxable benefits
    $0 + $17,547 related
    Filer's total
    $0 + $2,268,675 related

  • Cindy Waites

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • David Tudor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Donna Beckett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • J Robert Powell

    BOARD MEMBER BEG 07/25

    Total calculated
    $0
    Hours/week
    2

  • Jeanette Hutcheson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jose Dominguez

    BOARD MEMBER

    Total calculated
    $678,583
    From this org
    $0
    From related orgs
    $635,410
    Other
    $43,173
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $613,081 related
    Bonus
    $0 + $22,329 related
    Other
    $0
    Deferred
    $0 + $28,484 related
    Nontaxable benefits
    $0 + $14,689 related
    Filer's total
    $0 + $678,583 related

  • Mary Beth Hartman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Rick Beaman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Russell Detten

    BOARD MEMBER

    Total calculated
    $142,530
    From this org
    $0
    From related orgs
    $120,255
    Other
    $22,275
    Hours/week
    2 + 40 related

  • Sam Clifton

    BOARD MEMBER END 07/25

    Total calculated
    $0
    Hours/week
    2

  • Tyler Watskey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Billie Werbeck

    SECRETARY

    Total calculated
    $51,444
    From this org
    $0
    From related orgs
    $41,617
    Other
    $9,827
    Hours/week
    1 + 40 related

  • Jacob M McWay

    EVP, COXHEALTH CFO

    Total calculated
    $1,529,586
    From this org
    $0
    From related orgs
    $1,291,822
    Other
    $237,764
    Hours/week
    1 + 47 related

    Schedule J breakdown matched by us

    Base
    $0 + $822,771 related
    Bonus
    $0 + $245,588 related
    Other
    $0 + $223,463 related
    Deferred
    $0 + $217,234 related
    Nontaxable benefits
    $0 + $20,530 related
    Filer's total
    $0 + $1,529,586 related

  • Lisa Alexander

    PRESIDENT

    Total calculated
    $414,337
    From this org
    $0
    From related orgs
    $388,617
    Other
    $25,720
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $370,077 related
    Bonus
    $0 + $17,250 related
    Other
    $0 + $1,290 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $8,470 related
    Filer's total
    $0 + $414,337 related

  • Max D Buetow

    PRESIDENT & CEO

    Total calculated
    $1,977,250
    From this org
    $0
    From related orgs
    $1,641,774
    Other
    $335,476
    Hours/week
    1 + 47 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,131,935 related
    Bonus
    $0 + $454,236 related
    Other
    $0 + $55,603 related
    Deferred
    $0 + $319,300 related
    Nontaxable benefits
    $0 + $16,176 related
    Filer's total
    $0 + $1,977,250 related

  • Steve Edwards

    FORMER PRESIDENT & CEO

    Total calculated
    $655,726
    From this org
    $0
    From related orgs
    $622,051
    Other
    $33,675
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $313,523 related
    Bonus
    $0
    Other
    $0 + $308,528 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $16,425 related
    Filer's total
    $0 + $655,726 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
COXHEALTH, A RELATED PARTY OF THE ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE COXHEALTH TOP MANAGEMENT OFFICIAL: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
STEVE EDWARDS, MAX BUETOW, AND JACOB MCWAY PARTICIPATE IN A 457(F) NONQUALIFIED RETIREMENT PLAN WITH LESTER E. COX MEDICAL CENTERS: -STEVE EDWARDS RECEIVED AN EXECUTIVE 457(F) DISTRIBUTION OF $308,528, WHICH WAS REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990. - JACOB MCWAY RECEIVED AN EXECUTIVE 457(F) CONTRIBUTION OF $199,984. - JACOB MCWAY RECEIVED A 457(F) DISTRIBUTION OF $174,788, WHICH WAS REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990. - MAX BUETOW RECEIVED AN EXECUTIVE 457(F) CONTRIBUTION OF $302,625. - MAX BUETOW RECEIVED AN EXECUTIVE 457(F) DISTRIBUTION OF $24,951, WHICH WAS REPORTED AS DEFERRED COMPENSATION ON A PRIOR FORM 990.
SCHEDULE J, PART I, LINE 1A HEALTH AND SOCIAL CLUB DUES
A RELATED ENTITY, COXHEALTH, INCLUDES MONTHLY SOCIAL CLUB DUES IN THE TAXABLE COMPENSATION OF JAKE MCWAY, CFO.
SCHEDULE J, PART II BOARD MEMBER COMPENSATION
NO COMPENSATION WAS PROVIDED FOR RESPONSIBILITIES ASSOCIATED WITH BEING A BOARD DIRECTOR. COMPENSATION REPORTED FOR SEVERAL BOARD MEMBERS LISTED ON SCHEDULE J REPRESENTS EMPLOYEE OR INDEPENDENT CONTRACTOR COMPENSATION UNRELATED TO SERVICE AS A BOARD MEMBER
SCHEDULE J, PART II, COLUMN (F) COMPENSATION REPORTED ON PRIOR FORM 990
COMPENSATION IS REPORTED ON THE FORM 990 IN THE YEAR THAT THE COMPENSATION IS EARNED BY OR AWARDED TO AN INDIVIDUAL, EVEN IF THE COMPENSATION IS NOT PAID TO THE INDIVIDUAL, IS NOT FULLY VESTED, OR IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. IF COMPENSATION IS EARNED OR AWARDED IN ONE YEAR BUT PAID IN A LATER YEAR, THEN THE COMPENSATION IS REPORTED A SECOND TIME ON THE FORM 990 IN THE YEAR THE COMPENSATION IS VESTED OR PAID TO THE INDIVIDUAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • COXHEALTH RISK SOLUTIONS

    C CORPORATION · CAPTIVE INSURANCE · CJ

    Directly controlled by LESTER E COX

  • COX TAXABLE CLOSE CORPORATION

    C CORPORATION · MEDICAL CLINIC · MO

    Directly controlled by COX MED GROUP

  • FERRELL-DUNCAN CLINIC INC

    C CORPORATION · PHYSICIANS · MO

    Directly controlled by CTCC

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.1
Source object
202632269349302348

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