Public Charity

CalvertHealth Foundation Inc

CalvertHealth Foundation Inc, of Prince Frederick, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.5M in revenue, $1.1M in expenses, $9.2M in total assets. 16 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 521680647 Prince Frederick, MD General Hospitals NTEE: E22 Latest filing: 2025
Total Revenue$2.5M
Total Expenses$1.1M
Total Assets$9.2M
Grant Records16
Funding Total$1.8M
Filing Years2021–2025

Mission

The CalvertHealth Foundation is focused on the development, optimization and operation of multiple charitable donation programs to maximize support for CalvertHealth Medical Center and its subsidiaries whose vision is to provide exceptional care and make a difference in every life they touch.

Where $100 goes at CalvertHealth Foundation Inc

How CalvertHealth Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$93 Programs the work itself
$1 Management running the organization
$6 Fundraising raising the next dollar

Inside the $93 for programs

$86
The principle mission of the Foundation is to support CalvertHealth Medical Center, Inc
93% of program spending
$7
The second principle mission of the Foundation is to administer the scholarship endowment funds for the benefit of nursing, allied health and medical doctorate students in support of…
7% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
Support Sick and Hungry Kids
$13,400
2024
For grant recipient's exempt purposes
$1,032,490
2024
A FIVE-YEAR COMMITMENT FOR A LUNG CANCER SCREENING PROGRAM.
$25,000
2024
GENERAL SUPPORT
$20,000
2023
FOR RECIPIENT'S EXEMPT PURPOSE
$125,000

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

Vice Chair Barry Friedman
Second Vice Chair Bob Carpenter
Ex-Officio - CFO Carolyn Heithaus
Trustee (Started 1/1/25) Chad Day
Trustee Dixie Miller
Trustee Dwayne Hooper

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,631,682 9 grants
Health & Medicine
$179,000 6 grants
Food Assistance & Nutrition
$13,400 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.5M $1.1M $9.2M
2024 $2.7M $1.4M $7.7M
2023 $1.1M $1.0M $6.4M
2022 $1.5M $1.6M $7.1M
2021 $1.3M $1.1M $7.1M

Between 2021 and 2025, reported annual revenue grew from $1.3M to $2.5M (+89%), with total assets most recently reported at $9.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CalvertHealth Foundation Inc

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