2024-07-12T17:49:59-05:00 2023-08-31 990 2022-09-01 311506378 Baptist Health Foundation Richmond Inc BAPT 5028965000 1901 Campus Place Louisville KY 40299 Richard F Carrico Treasurer 5028965000 2024-07-12 Richard Carrico 999009999 0 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Greg Gerard 801 Eastern Bypass Richmond KY 40475 1183880 0 X www.supportbaptisthealth.org X 1999 KY To assist, advance, support and strengthen Baptist Health Richmond hospital. 18 17 2 35 0 0 914346 1051682 0 0 570688 -24116 0 -51736 1485034 975830 363975 1013266 0 0 170489 228437 0 0 38344 33018 45065 567482 1286768 917552 -310938 7269961 7787956 195797 93742 7074164 7694214 X The mission of Baptist Health Foundation Richmond is to assist, advance, strengthen and support its sole member, Baptist Healthcare System, Inc. in their mission and ministry of continuing our Christian heritage of service by enhancing the health of the people and communities we serve. Baptist Health Foundation Richmond will encourage, solicit and receive donations, bequests, gifts and benefactions made to or for the benefit of Baptist Health Richmond hospital, an unincorporated operating division of Baptist Healthcare System, Inc. (BHS). BHS 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 1161750 1013266 The primary purpose of the Baptist Health Foundation Richmond is to promote philanthropy and charitable giving to provide resources to assist, advance, and strengthen Baptist Health Richmond, 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 Richmond 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 Foundation Richmond are used to support patient care and the capital needs of Baptist Health Richmond hospital. 1161750 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 0 0 2 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 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 Alex Fassas Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Catherine Holbrook Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Colleen Chaney Director 1.00 0.00 X 0 0 0 David W Smith Director 1.00 0.00 X 0 0 0 Douglass Owen MD Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Dr Paula Maionchi Chair & Dir (Through 12/31/22) 1.00 0.00 X X 0 0 0 Greg Gerard President & Director 1.00 40.00 X X 0 401408 42974 Jane Clouse Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Jason Morgan Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Jim Caldwell Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Laura Melius Vice Chair & Dir (Through 12/31/22) 1.00 0.00 X X 0 0 0 Laura Stocker Steidle Director 1.00 0.00 X 0 0 0 Lee Anne Browder Director 1.00 0.00 X 0 0 0 Lindsey Arnold Director (Effective 8/24/22) 1.00 0.00 X 0 0 0 Sucheta Mohanty Chair & Director 1.00 0.00 X X 0 0 0 Mendi Goble Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Otis D Ballard Director 1.00 0.00 X 0 0 0 Rev Mary Lou Stephens Director (Through 12/31/22) 1.00 0.00 X 0 0 0 Rev Mitch Brown Vice Chair & Director 1.00 0.00 X X 0 0 0 Ronda Taylor Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Schuronda Morton Director (Effective 1/1/23) 1.00 0.00 X 0 0 0 Sharon Switalski Director 1.00 0.00 X 0 0 0 Tyler Frazier Director 1.00 0.00 X 0 0 0 Vickie Moberly Director 1.00 0.00 X 0 0 0 Jackson Davenport Asst Secretary 40.00 0.00 X 0 24311 83 Janet Norton Secretary 1.00 40.00 X 0 1039221 43714 Kari Lyons Martin Vice President 40.00 0.00 X 0 82254 15710 Karl Lainhart Asst Treasurer 1.00 40.00 X 0 206154 36824 Richard Carrico Treasurer (Effective 2/6/23) 1.00 40.00 X 0 0 0 Stephen R Oglesby Treasurer (Through 1/6/23) 1.00 40.00 X 0 1445051 42974 0 3198399 182279 0 0 1 0 0 94600 276041 280445 400596 1051682 60138 60138 84254 -84254 -84254 -84254 72060 94600 123796 -51736 -51736 975830 0 0 -75852 1013266 1013266 193660 125879 48415 19366 20027 13018 5007 2002 14750 9587 3688 1475 4161 4161 6545 3927 2618 7639 7639 968 968 Stewardship & Cultivati 17177 4294 12883 Administrative Expense 8575 8575 1286768 1161750 86674 38344 511794 92352 220032 285119 83562 52390 4143371 5036939 2311202 2321156 7269961 7787956 4166 0 191631 93742 195797 93742 X 5829219 6449269 1244945 1244945 7074164 7694214 7269961 7787956 X -310938 957388 -26400 X 0 1 X 1 0 X X 1 Baptist Healthcare System Inc 610444707 3 1 1013266 0 1 1013266 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 4577879 653234 5231113 4277487 300392 4577879 4232820 44667 4277487 4232820 4232820 3960693 272127 4232820 1.00000 0 0 0 Perm Restricted Endowment 2321156 2321156 InterCompany Liability 93742 93742 X Part V, Line 4: The Board designated funds include assets set aside by the organization's Board of Directors for long-term uses, over which the Board retains control and may at its discretion subsequently use for other purposes. Part X, Line 2: Baptist Healthcare System, Inc. evaluates its uncertain tax positions on an annual basis in it's consolidated audited financial statements which 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. PTTP Event 24574 20000 4574 17069 PACA Ball 142086 74600 67486 7010 43116 44404 12197 0 166660 94600 72060 7010 43116 44404 29266 123796 -51736 0 Baptist Healthcare System Inc 1901 Campus Place Louisville KY 40299 610444707 501(c)3 1013266 0 General Support 1 0 Part 1, Line 2: Procedures For Monitoring The Use Of Grants: Baptist Health Foundation Richmond, Inc. provides only direct contributions and other general support; therefore, no monitoring of charitable contributions is performed. In keeping with the Foundation's mission to support the efforts of Baptist Health Richmond hospital, the Foundation grants funds to the hospital as needed for capital projects, operations support, patient and employee assistance and growth. 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 Greg Gerard President & Director 0 298256 0 99285 0 3867 0 12200 0 30774 0 444382 0 0 Karl Lainhart Asst Treasurer 0 190841 0 13528 0 1785 0 7834 0 28990 0 242978 0 0 Part I, Line 4b The following individuals received a payout from the 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 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 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 The organization's sole member is Baptist Healthcare System, Inc., (EIN: 61-0444707), a non-profit, tax-exempt corporation organized under and pursuant to the provisions of the laws of the Commonwealth of Kentucky. Form 990, Part VI, Section A, line 7a Baptist Healthcare System, Inc., the sole member, has the authority to appoint the board members for Baptist Health Foundation Richmond, Inc. Form 990, Part VI, Section A, line 7b Actions Requiring Member Approval: The consent and approval of the 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 Form 990 is internally prepared and reviewed by finance and foundation management. The governing body receives an electronic copy of the Form 990, including all requested schedules as ultimately filed with the IRS, for review prior to the filing with the IRS. Form 990, Part VI, Section B, line 12c Annually the Secretary of Baptist Healthcare System, Inc. (BHS) sends out a conflict of interest questionnaire to each of the Directors serving on the Board of Baptist Health Foundation Richmond, (BHFR). After completion, they are returned to the Secretary and reviewed by the Board or the Governance Effectiveness Committee for any potential conflicts. 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 to: 1) make objective decisions on behalf of BHFR and/or 2) act in the best interests of BHFL in a manner consistent with the tax-exempt purposes of BHFR. The Board or Committee will determine by a majority vote of disinterested directors whether the disclosed financial or special interest may result in a conflict of interest. Form 990, Part VI, Section B, line 15b The officers of Baptist Health Foundation Richmond, Inc. are not employees of Baptist Health Foundation Richmond, 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 Richmond, 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 XI, line 9: Other Changes -26,400. 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 Lexington Inc 1901 Campus Place Louisville KY 40299 611480774 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 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 12a, I BHS 1 Pattie A Clay Hospital Auxiliary Post Office Box 1600 Richmond KY 40476 510172717 Hospital Support KY 501(c)(3) Line 12a, I BHS 0 Baptist East Milestone LLC 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 1013266 Cost Baptist Healthcare System Inc C 276041 Cost Baptist Healthcare System Inc R 95795 Cost