Public Charity

Hospital Development Foundation Inc

Hospital Development Foundation Inc is a nonprofit organization categorized as Public Charity based in MOUNTAIN HOME, AR. Its most recent IRS filing (2024) reports revenue of $3.9M, expenses of $3.3M, total assets of $22.5M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $1.6M.

EIN: 581805265 MOUNTAIN HOME, AR Latest filing: 2024
Total Revenue$3.9M
Total Expenses$3.3M
Total Assets$22.5M
Grant Records15
Funding Total$1.6M
Filing Years2019–2024

Mission

BAXTER HEALTH FOUNDATION IS THE FUNDRAISING ARM FOR BAXTER HEALTH. THE FOUNDATION'S ONGOING FUNDING PROVIDES FINANCIAL SUPPORT FOR THE LATEST MEDICAL TECHNOLOGY, FACILITY UPGRADES, HEALTHCARE SCHOLARSHIPS, AND THE COMMUNITY HEALTH EDUCATION AND SUPPORT HOUSES. BAXTER HEALTH FOUNDATION IS DEVOTED TO THE HEALTHCARE NEEDS OF OUR COMMUNITY.

Where $100 goes at Hospital Development Foundation Inc

How Hospital Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$6 Management running the organization
$8 Fundraising raising the next dollar

Inside the $86 for programs

$76
Through their fundraising efforts, baxter health foundation provides financial support to baxter health (hospital)
88% of program spending
$10
The foundation maintains several scholarships, including the anderson downes, baker, kerr, and caroline austino scholarships
12% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Member April Rosa
Board Member Billy Thompson
Board Member Cynthia Dover
Board Member Debbie Hess
Board Member Eric Lunnen
Board Member Grace Crownover

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,504,652 8 grants
Health & Medicine
$57,682 6 grants
Unspecified
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.9M $3.3M $22.5M
2023 $3.1M $3.1M $20.5M
2022 $3.1M $3.7M $19.2M
2020 $2.3M $1.6M $18.5M
2019 $2.6M $2.6M $17.0M

Between 2019 and 2024, reported annual revenue grew from $2.6M to $3.9M (+48%), with total assets most recently reported at $22.5M.

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

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