Skip to content
Nonprofiteer
← FLOYD MEMORIAL FOUNDATION INC

Form 990 for tax year 2023

Filed by FLOYD MEMORIAL FOUNDATION INC.

Totals

Total revenue
$1,656,567
Total expenses
$931,196
Contributions and grants received
$495,308
Grants paid
$636,516
Program service revenue
$0
Investment income
$1,197,523
Other revenue
-$36,264
Total assets, end of year
$20,272,186
Total liabilities, end of year
$401,706
Net assets or fund balances, end of year
$19,870,480
Program services expenses (Part IX)
$640,204
Management and general expenses
$284,038
Fundraising expenses
$6,954
Program service expenses (Part III)
$640,204

Program services were 68.8% 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

    $39,519

  • 1f · All other contributions, gifts and grants

    $455,789

  • 3 · Investment income

    total $345,176 · excluded $345,176

  • 7a · Gross sales of assets other than inventory

    securities $4,112,665

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

    securities $3,260,318

  • 7c · Gain or loss

    securities $852,347

  • 7d · Net gain or loss

    total $852,347 · excluded $852,347

  • 8a · Fundraising events: gross income

    $22,301

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

    $39,519

  • 8b · Fundraising events: direct expenses

    $58,565

  • 8c · Net income from fundraising events

    total -$36,264 · excluded -$36,264

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $636,516 · program services $636,516

  • 7 · Other salaries and wages

    total $64,135 · management and general $64,135

  • 10 · Payroll taxes

    total $5,186 · management and general $5,186

  • 11b · Fees: legal

    total $26,568 · management and general $26,568

  • 11c · Fees: accounting

    total $21,000 · management and general $21,000

  • 11f · Fees: investment management

    total $90,055 · management and general $90,055

  • 11g · Fees: other

    total $33,914 · management and general $33,914

  • 12 · Advertising and promotion

    total $4,056 · management and general $4,056

  • 13 · Office expenses

    total $14,170 · management and general $14,170

  • 16 · Occupancy

    total $3,469 · management and general $3,469

  • 19 · Conferences, conventions and meetings

    total $1,594 · program services $408 · management and general $1,186

  • 20 · Interest

    total $77 · management and general $77

  • 23 · Insurance

    total $8,176 · management and general $8,176

  • 24a · Other expenses: MISCELLANEOUS

    total $19,000 · management and general $12,046 · fundraising $6,954

  • 24b · Other expenses: PROGRAM

    total $3,280 · program services $3,280

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,663,510 · end of year $1,845,327

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,155 · end of year $6,335

  • 11 · Investments: publicly traded securities

    beginning of year $16,168,133 · end of year $18,366,056

  • 15 · Other assets

    beginning of year $47,380 · end of year $54,468

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,194 · end of year $2,712

  • 18 · Grants payable

    beginning of year $529,770 · end of year $398,994

  • 27 · Net assets without donor restrictions

    beginning of year $16,710,769 · end of year $19,229,070

  • 28 · Net assets with donor restrictions

    beginning of year $642,445 · end of year $641,410

Mission and programs · 2023

Mission

THE MISSION OF THE FOUNDATION IS TO PROVIDE PHILANTHROPIC SUPPORT TO BAPTIST HEALTH FLOYD AND SOUTHERN INDIANA HEALTHCARE INITIATIVES THAT ENHANCE THE QUALITY OF CARE AVAILABLE TO THE COMMUNITY.

Activities or mission (Part I)

TO PROVIDE PHILANTHROPIC SUPPORT TO BAPTIST HEALTH FLOYD HOSPITAL TO ENHANCE THE QUALITY OF HEALTH OF THE COMMUNITY THROUGH HEALTHIER COMMUNITY INITIATIVE PROGRAMS, SCHOLARSHIPS, AND SUPPORT OF OTHER HOSPITAL PROGRAMS.

  • THE FOUNDATION FINANCIALLY SUPPORTS THE HOSPITAL BY FUNDING VARIOUS PROGRAMS RELATED TO THE HOSPITAL'S EXEMPT PURPOSE, INCLUDING FUNDS FOR HCI, EDUCATIONAL PROGRAMS, MEDICAL RESOURCES, TECHNOLOGY AND HEALTH SCREENINGS WHICH ARE PROVIDED TO THE COMMUNITY TO PROMOTE WELLNESS AND A HEALTHIER LIFESTYLE.

    Expenses $640,204 · Grants $636,516

  • THE FOUNDATION USES FUNDS TO HELP HOSPITAL EMPLOYEES EXPERIENCING PERSONAL HARDSHIP.

  • THE FOUNDATION PROVIDES SCHOLARSHIPS TO HOSPITAL EMPLOYEES PURSUING CAREERS IN HEALTHCARE.

As filed on the 2023 return.

Listed in Part VII

  • Matt Millies

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Cory Cochran

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jake Archibald

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Joe Dablow

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jason Applegate

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Amber Banet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Senior Judge J Terrence Cody

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lacie Couzin PhD RN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hon Maria Granger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Krishna Konijeti MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christopher Lane Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sara Lopp Dietrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clayton Rose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tina Walters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Beau Zoeller Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Tandy Staten

    EXECUTIVE DIRECTOR

    Total calculated
    $64,135
    From this org
    $64,135
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Grants on this return

  • BAPTIST HEALTH FLOYD

    $378,237

    MEDICAL EQUIPMENT, TECHNOLOGY, RESOURCES

  • THRIVE

    $68,425

    PROVIDE SUPPORT TO COVER SALARY FOR ONE FT PEER RECOVERY COACH FOR FLOYD COUNTY.

  • FAMILY HEALTH CENTER

    $28,000

    SUPPORT FOR OVERHEAD EXPENSES, BUILDING MAINTENANCE EXPENSES, WOMENS HEALTH PROVIDER FOR PRE-NATAL CARE IN FLOYD COUNTY, AND MOBILE DENTAL UNIT SUPPLIES.

  • BEACON HOUSE

    $21,280

    SUPPORT NEW RESIDENTS EXPENSES DURING 1ST MONTH OF TREATMENT & OTHER ADDICTION RECOVERY SERVICES FOR MEMBERS FROM FLOYD, HARRISON, CLARK, CRAWFORD, WASHINGTON AND SCOTT COUNTIES.

  • BIG BROTHERS BIG SISTERS OF KENTUCKIANA

    $20,000

    PROVIDE SUPPORT FOR ENROLLMENT, SCREENING, AND TRAINING OF VOLUNTEERS FOR MENTOR PROGRAM AND OTHER PROGRAM NEEDS FOR CHILDREN IN FLOYD, CLARK AND HARRISON COUNTIES.

  • CHRISTIAN FORMATION MINISTRIES

    $20,000

    SCHOLARSHIPS FOR 32 CHILDREN OF INCARCERATED PARENTS TO ATTEND SUMMER 2023 SESSION OF MYCAMP.

  • FAMILY & CHILDREN'S PLACE

    $17,000

    PURCHASE CURVED STAIR LIFT TO ACCOMMODATE DISABLED CHILDREN BEING TREATED AT FACILITY IN JEFFERSONVILLE.

  • BEAUTIFUL AS YOU ARE (BAYA)

    $15,000

    PROVIDE SUPPORT FOR CURRICULUM SUPPLIES (JOURNALS, WEEKLY WORKSHOP SUPPLIES) AND FACILITATOR EXPENSES TO SERVE NAFCS AND NAHA & 2 MIDDLE SCHOOLS.

  • LET US LEARN

    $15,000

    FUND RESOURCES AND INSTRUCTORS FOR BREAKING BREAD AND BARRIERS MEAL PREP CLASS PROGRAM TO HELP FAMILIES EAT

  • HCIPURDUE PRODUCE RX PROGRAM

    $10,000

    PROVIDE RESOURCES FOR THE PROGRAM INCLUDING FOOD, CLASS SUPPLIES, INCENTIVE AND PROGRAM COSTS, AND PROGRAM INSTRUCTOR FEES.

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349317598

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.