Skip to content
Nonprofiteer
← BAPTIST HOSPITALS FOUNDATION INC

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

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.

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.