Form 990 for tax year 2024
Filed by BAPTIST HOSPITALS FOUNDATION INC.
Totals
- Total revenue
- $5,123,497
- Total expenses
- $3,491,694
- Contributions and grants received
- $4,988,559
- Grants paid
- $595,288
- Program services expenses (Part IX)
- $1,143,727
- Management and general expenses
- $1,231,475
- Fundraising expenses
- $1,116,492
- Program service expenses (Part III)
- $1,143,727
Program services were 32.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Gerard J Colman PhD
President & Director
- Total calculated
- $5,838,744
- From this org
- $0
- From related orgs
- $5,671,807
- Other
- $166,937
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $1,775,200 related
- Bonus
- $0 + $3,612,076 related
- Other
- $0 + $284,531 related
- Deferred
- $0 + $127,579 related
- Nontaxable benefits
- $0 + $39,358 related
- Filer's total
- $0 + $5,838,744 related
-
Alan Rudd
Vice Chair & Director
- Total calculated
- $0
- Hours/week
- 1
-
Victoria Buster
Chair & Director
- Total calculated
- $0
- Hours/week
- 1
-
R Christion Hutson
Director (Through 12/31/24)
- Total calculated
- $0
- Hours/week
- 1
-
Janet M Norton
Vice President & Secretary
- Total calculated
- $1,252,551
- From this org
- $0
- From related orgs
- $1,211,941
- Other
- $40,610
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $663,360 related
- Bonus
- $0 + $425,349 related
- Other
- $0 + $123,232 related
- Deferred
- $0 + $13,800 related
- Nontaxable benefits
- $0 + $26,810 related
- Filer's total
- $0 + $1,252,551 related
-
Richard F Carrico
Vice President & Treasurer
- Total calculated
- $1,666,118
- From this org
- $0
- From related orgs
- $1,615,014
- Other
- $51,104
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $849,088 related
- Bonus
- $0 + $487,888 related
- Other
- $0 + $278,038 related
- Deferred
- $0 + $13,800 related
- Nontaxable benefits
- $0 + $37,304 related
- Filer's total
- $0 + $1,666,118 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 — 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
- 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)
- Part I, Line 3
- Baptist Healthcare System, Inc., a related organization of Baptist Healthcare Foundation, 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, -Approval by the Board of Directors or compensation committee.
- Part I, Line 4b
- One officer and/or executive of a related organization that is a current officer of Baptist Healthcare Foundation, Inc., participated in the Supplemental Executive Retirement Plan and accrued amounts for 2024 which is a portion of the amount reported as deferred compensation in Schedule J, Column C. Other retirement and deferred compensation reported in Schedule J, Column C include amounts for the Retirement Accumulation Plan and Thrift Plan. The following individual participates in and accrued amounts from the Supplemental Executive Retirement Plan: Gerard J. Colman PhD $113,779 The following individuals received a payout from the Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan: Janet Norton $99,734 Gerard J. Colman PhD $265,974 Richard F. Carrico $254,540
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
-
$595,288
Assistance for capital projects, hospital operations and patient and employee support.
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.
-
Baptist Health Foundation Corbin Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Floyd Inc
501(c)(3) · Fundraising · IN · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Greater Louisville Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Lexington Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Oldham Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Paducah Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Foundation Richmond Inc
501(c)(3) · Fundraising · KY · controlled entity
Directly controlled by BHS
-
Baptist Health Medical Group Inc
501(c)(3) · Physician Services · KY · controlled entity
Directly controlled by BHS
-
501(c)(3) · Hospital · KY
-
Mercy Regional Emergency Medical System LLC
501(c)(3) · Ambulance Service · KY · controlled entity
Directly controlled by BHS
-
Pattie A Clay Hospital Auxiliary
501(c)(3) · Hospital Support · KY
Directly controlled by BHS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631969349303168
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.