Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $117,200

• 1d · Related organizations

  $298,466

• 1e · Government grants (contributions)

  $217,255

• 1f · All other contributions, gifts and grants

  $419,985

• 3 · Investment income

  total $83,422 · excluded $83,422

• 7a · Gross sales of assets other than inventory

  securities $83,355

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

  securities $0

• 7c · Gain or loss

  securities $83,355

• 7d · Net gain or loss

  total $83,355 · excluded $83,355

• 8a · Fundraising events: gross income

  $59,214

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

  $117,200

• 8b · Fundraising events: direct expenses

  $110,550

• 8c · Net income from fundraising events

  total -$51,336 · excluded -$51,336

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,019,725 · program services $1,019,725

• 7 · Other salaries and wages

  total $178,173 · program services $97,995 · management and general $44,543 · fundraising $35,635

• 9 · Other employee benefits

  total $18,591 · program services $10,225 · management and general $4,648 · fundraising $3,718

• 10 · Payroll taxes

  total $13,400 · program services $7,370 · management and general $3,350 · fundraising $2,680

• 11f · Fees: investment management

  total $3,937 · management and general $3,937

• 12 · Advertising and promotion

  total $16,657 · management and general $8,329 · fundraising $8,328

• 13 · Office expenses

  total $14,873 · management and general $12,642 · fundraising $2,231

• 17 · Travel

  total $325 · management and general $325

• 24a · Other expenses: Stewardship & Cultivati

  total $50,628 · management and general $16,819 · fundraising $33,809

• 24b · Other expenses: Administrative Expense

  total $5,030 · management and general $5,030

• 24c · Other expenses: Dues & Subscriptions

  total $790 · management and general $790

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $24,253 · end of year $9,184

• 3 · Pledges and grants receivable

  beginning of year $487,065 · end of year $345,595

• 9 · Prepaid expenses and deferred charges

  beginning of year $58,150 · end of year $21,751

• 11 · Investments: publicly traded securities

  beginning of year $4,178,684 · end of year $4,839,658

• 12 · Investments: other securities

  beginning of year $3,785,547 · end of year $3,820,527

• 15 · Other assets

  beginning of year $411,681 · end of year $398,065

• 25 · Other liabilities

  beginning of year $78,941 · end of year $38,904

• 27 · Net assets without donor restrictions

  beginning of year $6,909,690 · end of year $7,116,466

• 28 · Net assets with donor restrictions

  beginning of year $1,956,749 · end of year $2,279,410

The filer's explanations (Part III)

Part I, Line 3

Baptist Healthcare System,Inc., a related organization of Baptist Health Foundation Richmond, 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, and - Approval by the Board or Compensation Committee

Part I, Line 4b

The following individuals received a payout from the Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan: Janet Norton $99,734 Richard F. Carrico $254,540

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Baptist East Milestone LLC

  N/A · Fitness Center · KY

• Baptist - Physicicans' Surgery Center

  N/A · Ambulatory Surgery Center · KY

• Medical Associates of Middletown

  N/A · Medical Office Building · KY

• Baptist Health Cumberland Valley Surgical Center LLC

  N/A · Ambulatory Surgery Center · KY