Dr Walker Dempsey Hospital Foundation Inc
PROMOTE AND ADVANCE THE PURPOSES AND OBJECTIVES OF RED BAY HOSPITAL. THE SUPPORT FURNISHED CONSISTS OF RAISING FUNDS AND SUPPORT FROM THE COMMUNITY.
Dr. Walker Dempsey Hospital Foundation Inc.
The Dr. Walker Dempsey Hospital Foundation Inc. is a nonprofit organization dedicated to supporting healthcare initiatives in the communities served byRed Bay Hospital. Established in 1997, the foundation honors the legacy of Dr. Walker Dempsey, who spent 40 years serving the Red Bay area, retiring in January 1989.
Mission and Activities
The foundation focuses on continuing Dr. Dempsey's efforts to improve healthcare access and education in the region. It organizes annual fundraising events, including a dinner in the fall and a golf tournament in the spring. These events help support the foundation's mission and provide opportunities for community engagement.
Educational Support
One of the key initiatives of the Dr. Walker Dempsey Hospital Foundation is the provision of scholarships for students pursuing education in healthcare fields. The foundation offers two $2,000 scholarships each spring to students from Franklin, Colbert, Tishomingo, and Itawamba Counties. Recipients must be full-time students in good academic standing.
Financial Overview
As of recent data, the foundation reported a modest financial profile, with expenses slightly exceeding revenues. However, it retains a notable level of assets, indicating its ability to undertake charitable activities despite financial challenges. In 2023, the foundation provided grants totaling $24,008.
Governance and Operations
Headquartered in Sheffield, Alabama, the foundation operates as a public charity, working closely with Red Bay Hospital to ensure that healthcare needs in the community are met effectively. The foundation's efforts are guided by a commitment to Dr. Dempsey's vision of providing quality healthcare and educational opportunities to local communities.
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