2024-07-13T15:11:32-05:00 2023-08-31 990 2022-09-01 611480774 Baptist Health Foundation Lexington Inc BAPT 8592606105 1901 Campus Place Louisville KY 40299 Richard F Carrico Treasurer 5028965000 2024-07-13 Richard Carrico 999009999 0 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Christopher Roty 1740 Nicholasville Rd Lexington KY 40503 1789242 0 X www.supportbaptisthealth.org X 2003 KY To assist, advance & strengthen Baptist Health Lexington Hospital. 19 18 3 20 0 0 4493716 1763929 0 0 266314 -14502 0 0 4760030 1749427 318148 2014312 0 0 551530 509137 0 0 139606 25023 34674 894701 2558123 3865329 -808696 6030860 5639801 82606 61974 5948254 5577827 X Baptist Health Foundation Lexington is a non-profit, non-stock corporation which operates to promote philanthropy and charitable giving to provide resources to assist, advance, and strengthen Baptist Health Lexington, a hospital owned and operated by Baptist Healthcare System, Inc. in fulfilling the mission of the hospital and Baptist Healthcare System, Inc. to provide quality healthcare services to meet the region's health needs. Baptist Healthcare System, Inc. is described under Section 501(C)(3) and is classified under Section 509(A)(1) as a public charity. The foundation is operated exclusively for the benefit of, to perform the functions of, and to carry out the mission and purposes of Baptist Healthcare System, Inc. 0 0 2014312 2014312 The primary purpose of the Baptist Health Foundation Lexington is to promote philanthropy and charitable giving to provide resources to assist, advance, and strengthen Baptist Health Lexington, a hospital owned and operated by Baptist Healthcare System, Inc., in fulfilling the mission of the hospital and Baptist Healthcare System, Inc. providing for the region's health needs. Baptist Health Lexington provides medically necessary care to all patients regardless of race, religion, sex, national origin, disability, age or ability to pay. Donations made to Baptist Health Lexington are used to support patient care and capital needs of Baptist Health Lexington. 2014312 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 0 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 KY X Richard F Carrico 5028965000 1901 Campus Place Louisville KY 40299 X Akasha Hira Director 1.00 0.00 X 0 0 0 Becky Reinhold Director (Through 4/12/23) 1.00 0.00 X 0 0 0 Brett Setzer Director 1.00 0.00 X 0 0 0 C Joseph Beavin Director 1.00 0.00 X 0 0 0 Christine Stanley Director 1.00 0.00 X 0 0 0 Christopher Roty President & Director 1.00 40.00 X X 0 813276 42945 Debbie Sutherland-Comley Director 1.00 0.00 X 0 0 0 Doug Hacker Vice Chair & Dir (Through 12/31/22) 1.00 0.00 X X 0 0 0 Dr James E Miller Director 1.00 0.00 X 0 0 0 Jeffrey Fraley Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Jim Allison Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Lee Carter Chairman & Director 1.00 0.00 X X 0 0 0 Lisa Tomassoni Director 1.00 0.00 X 0 0 0 Marc Taylor Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Marta S Hayne MD Director 1.00 0.00 X X 0 0 0 Mike Towles Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Patricia E Takacs DMD Director 1.00 0.00 X X 0 0 0 Patty Smith Vice Chair & Dir (Effective 1/1/22) 1.00 0.00 X X 0 0 0 Randy Shelley Director 1.00 0.00 X 0 0 0 Ron Turner Director 1.00 0.00 X 0 0 0 Sammy Leslie Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Stephen M Manella Director 1.00 0.00 X 0 0 0 Terri J Jones Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Janet Norton Secretary 1.00 40.00 X 0 1039221 43714 Karen Hutson Asst Secretary 40.00 0.00 X 0 38261 19957 Richard Carrico Treasurer (Effective 2/6/23) 1.00 40.00 X 0 0 0 Stephanie Doom Asst Treasurer 1.00 40.00 X 0 246665 21485 Stephen R Oglesby Treasurer (Through 1/6/23) 1.00 40.00 X 0 1445051 42974 Amanda Henson Former VP (Through 8/19) 0.00 40.00 X 0 394787 32217 James Borders MD Former VP (Through 1/26/22) 0.00 0.00 X 0 451888 30026 0 4429149 233318 0 1 1 0 0 606086 153914 1003929 1763929 25313 25313 39815 -39815 -39815 -39815 1749427 0 0 -14502 2014312 2014312 411536 308652 102884 69434 52076 17358 28167 21125 7042 1960 1960 4450 2225 2225 5595 2798 2797 5475 2737 2738 248 248 Administrative Expenses 7308 4165 3143 Equipment Rental & Repa 6800 6800 Dues and Subscriptions 2838 1419 1419 2558123 2014312 404205 139606 485177 12655 2988556 2505341 8230 11348 2548897 3110457 6030860 5639801 0 40000 82606 21974 82606 61974 X 1231992 861565 4716262 4716262 5948254 5577827 6030860 5639801 X -808696 451357 -13088 X 0 1 X 1 0 X X 1 Baptist Healthcare System Inc 610444707 3 1 2014312 0 1 2014312 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4716263 1102994 1102995 4716262 1604631 3111632 4716263 1543447 253620 192436 1604631 1467597 322371 246521 1543447 1394438 393522 320363 1467597 1.00000 0 0 0 Due to Affiliate 21974 21974 X Part V, Line 4: The endowment funds of the Foundation are used to support and enhance patient care at Baptist Health Lexington Hospital. Part X, Line 2: Baptist Healthcare System, Inc. evaluates its uncertain tax positions on an annual basis in its audited consolidated financial statements that include this filing entity. A tax benefit from an uncertain position may be recognized when it is more likely than not that the position will be sustained upon examination, including the resolution of any related appeals or litigation processes, based on the technical merit of the position. Baptist has determined that it has no uncertain tax positions that are required to be recorded as of August 31, 2023. Tax years that are open include the years from 2018 to 2022. 0 Baptist Healthcare System Inc 1901 Campus Place Louisville KY 40299 610444707 501(c)(3) 2014312 0 General Support 1 0 Part I, Line 2: In keeping with the Foundation's mission to support the efforts of Baptist Health Lexington hospital, the Foundation grants funds to the hospital as needed for capital projects, operations support, patient and employee assistance and growth. Baptist Health Foundation Lexington provides only direct contributions and other general support; therefore, no monitoring of charitable contributions is performed. 0 1 0 0 0 0 0 0 0 Stephen R Oglesby Treasurer (Through 1/6/23) 0 736985 0 573685 0 134381 0 12200 0 30774 0 1488025 0 0 Janet Norton Secretary 0 617783 0 304599 0 116839 0 12200 0 31514 0 1082935 0 0 Christopher Roty President & Director 0 619619 0 179535 0 14122 0 12200 0 30745 0 856221 0 0 James Borders MD Former VP (Through 1/26/22) 0 281271 0 0 0 170617 0 0 0 30026 0 481914 0 0 Amanda Henson Former VP (Through 8/19) 0 340977 0 51450 0 2360 0 12200 0 20017 0 427004 0 0 Stephanie Doom Asst Treasurer 0 227058 0 15916 0 3691 0 9217 0 12268 0 268150 0 0 Part I, Line 4b The following individuals received a payout from the Baptist Healthcare System, Inc. Supplemental Executive Retirement Plan, a nonqualified deferred compensation plan, as they are fully vested in the plan: Janet Norton $93,341 Stephen R. Oglesby $116,637 Part I, Line 3 Baptist Healthcare System, Inc., a related organization of Baptist Health Foundation Lexington, 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 Form 990, Part V, Line 2b The employment tax returns for the employees reported on Line 2a were reported under a common paymaster. The employment taxes were paid and all employment tax returns were filed by Baptist Healthcare System, Inc., (FEIN:61-0444707). Form 990, Part VI, Section A, line 6 Baptist Healthcare System, Inc. (EIN: 61-0444707) is the sole member of the Corporation. Form 990, Part VI, Section A, line 7a The sole member appoints all directors. Form 990, Part VI, Section A, line 7b The consent and approval of the sole Member shall be required for all major corporate actions including the following: (a) amend, repeal or alter the articles of incorporation or bylaws; (b) merge or consolidate or agree to merge or consolidate the Corporation with or into any other organization; (c) liquidate, reorganize or recapitalize the Corporation; (d) create or incur any indebtedness which exceeds $100,000; (e) make any capital expenditure which exceeds $100,000; (f) execute any contract, agreement or similar instrument by which the Corporation may be obligated to pay more than $50,000 in any year; (g) other than acquiring marketable securities held for investment purposes and accepting gifts of marketable securities, acquire the stock of any corporation or invest in or acquire an interest in any business enterprise; (h) sell or agree to sell or otherwise dispose of all or a substantial part of the assets of the Corporation or any investment or interest in any business enterprise, other than marketable securities disposed of in the ordinary course of the Corporation's activities; (i) approve the Corporation's annual operating budget and capital expenditures budget; (j) accept any gift that requires the Corporation or the Member to match funds, to carry out substantial new activities in connection with the gift, or that is made subject to restrictions that are not clearly consistent with the Corporation's charitable purposes and with the Member's mission; (k) accept any gift of real property; (l) accept any gift that requires the Corporation or the Member to assume indebtedness; (m) make any gift or contribution to any organization other than the Member unless such gift or contribution is approved by the Member or is consistent with guidelines established by the Member; (n) adopt investment guidelines. Form 990, Part VI, Section B, line 11b The internally prepared Form 990 is reviewed by accounting and foundation staff. A copy of the Form 990 is provided to the Board of Directors prior to the filing of the return. Any questions or comments are addressed by explanation or a change to the form. Form 990, Part VI, Section B, line 12c A conflict of interest is any circumstance, relationship, (financial or otherwise), activity or decision made in the course of governance, management or professional responsibilities or otherwise, that adversely influences or appears to adversely influence the ability of a covered person, (any officer, director or other person in a similar position of authority over Baptist Health Foundation Lexington, including executive management) to: 1) make objective decisions on behalf of Baptist Health Foundation Lexington and/or 2) act in the best interests of Baptist Health Foundation Lexington in a manner consistent with the tax-exempt purposes of Baptist Health Foundation Lexington, Inc. Each Director shall be required to complete an annual disclosure statement, in a form established by the Corporation, setting forth businesses or organizations in which such Director has an interest, as well as other pertinent information, and deliver such statement to the Corporation for retention in its records. Form 990, Part VI, Section B, line 15b The officers of Baptist Health Foundation Lexington, Inc. are not employees of Baptist Health Foundation Lexington, Inc. but are employees of Baptist Healthcare System, Inc., a tax-exempt 501(c)(3) organization which is the sole member of Baptist Health Foundation Lexington, Inc. The officers are compensated by Baptist Healthcare System, Inc. Annually, the Baptist Healthcare System, Inc. Compensation Committee reviews the compensation, including base compensation and incentive compensation for the President and all officers of Baptist Healthcare System, Inc. The Baptist Healthcare System, Inc. Compensation Committee is comprised of independent Board Members. The Committee retains a Compensation Consultant to advise the Committee and who provides data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated healthcare organizations. The Committee reviews this information in approving annual base and incentive compensation and other items of reportable compensation described on Schedule J of the IRS Form 990. The decisions of the Committee regarding compensation are contemporaneously documented in the minutes of the Committee. Annually, the Committee Chairperson and the Compensation Consultant provide a report on executive compensation to the full Board of Directors of Baptist Healthcare System, Inc. Form 990, Part VI, Section C, line 19 The organization will provide any documents open to public inspection upon request. Form 990, Part VII Officers of Baptist Health Foundation Lexington, Inc. provide services to Baptist Healthcare System, Inc. and its subsidiaries. Hours worked are not tracked on an entity by entity basis. Therefore, all officers' hours reported on Form 990, Part VII, Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors represent aggregate hours worked per week for all entities. Christopher Roty received compensation from Baptist Healthcare System, Inc., a related organization of Baptist Health Foundation Lexington. The compensation he received is for his role at Baptist Healthcare System, Inc., and not for his role as a Director of Baptist Health Foundation Lexington, Inc. Form 990, Part XI, line 9: Other Adjustment 205,062. Unrestricted Capital -218,150. Baptist Health Foundation Corbin Inc 1901 Campus Place Louisville KY 40299 473033550 Fundraising KY 501(c)(3) Line 12a, I BHS 1 Baptist Health Foundation Floyd Inc 1901 Campus Place Louisville KY 40299 922389529 Fundraising IN 501(c)(3) Line 12a, I BHS 1 Baptist Health Foundation Greater Louisville Inc 1901 Campus Place Louisville KY 40299 200292291 Fundraising KY 501(c)(3) Line 12a, I BHS 1 Baptist Health Foundation Paducah Inc 1901 Campus Place Louisville KY 40299 264057759 Fundraising KY 501(c)(3) Line 12a, I BHS 1 Baptist Health Foundation Richmond Inc 1901 Campus Place Louisville KY 40299 311506378 Fundraising KY 501(c)(3) Line 1 BHS 1 Baptist Health Medical Group Inc 1901 Campus Place Louisville KY 40299 205497203 Physician Services KY 501(c)(3) Line 3 BHS 1 Baptist Healthcare Foundation Inc 1901 Campus Place Louisville KY 40299 311122867 Fundraising KY 501(c)(3) Line 12a, I BHS 1 Baptist Healthcare System Inc 1901 Campus Place Louisville KY 40299 610444707 Hospital KY 501(c)(3) Line 3 N/A 0 Mercy Regional Emergency Medical System 3551 Coleman Road Paducah KY 42001 611310466 Ambulance Service KY 501(c)(3) Line 1 BHS 1 Pattie A Clay Hospital Auxiliary PO Box 1600 Richmond KY 40476 510172717 Hospital Support KY 501(c)(3) Line 12a, I BHS 0 Baptist East Milestone Fitness Center 750 Cypress Station Road Louisville KY 40207 611355065 Fitness Center KY N/A N/A 0 0 Baptist-Physicicans' Surgery Center 1720 Nicholasville Road Lexington KY 40503 043665929 Ambulatory Surgery Center KY N/A N/A 0 0 Medical Associates of Middletown 4000 Kresge Way Louisville KY 40207 200399400 Medical Office Building KY N/A N/A 0 0 Baptist Health Cumberland Valley Surgical Center LLC 275 Hwy 770 Corbin KY 40701 611348280 Ambulatory Surgery Center KY N/A N/A 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Baptist Healthcare System Inc B 2014312 Cost Baptist Healthcare System Inc C 606086 Cost Baptist Healthcare System Inc R 60632 Cost