Blanchard Valley Health Foundation

Overview

The Blanchard Valley Health Foundation is a U.S. nonprofit organization dedicated to advancing the health and well-being of communities through philanthropy. It operates in support of Blanchard Valley Health System, focusing on enhancing patient care, education, and facility improvements.

Purpose and Operations

The foundation works by developing, managing, and stewarding relationships that result in philanthropic contributions. These efforts are primarily directed towards funding the most critical needs of the Blanchard Valley Health System. The organization's mission aligns with providing essential support to ensure the best possible healthcare services in the region.

Financial Overview

As of recent filings, Blanchard Valley Health Foundation reported a total revenue of $2.51 million in 2023, with expenses totaling $2.4 million. The organization's total assets were approximately $27.8 million in 2023, with total liabilities of $12.2 million[1]. Their primary sources of revenue include contributions and investment income, with contributions forming the largest portion of their total income[1].

Grants and Awards

In 2023, the foundation provided $1,327,000 in grants as part of its ongoing commitment to support healthcare initiatives. Historically, the foundation has consistently awarded several grants annually to support various community health programs[3].

Governance and Category

Blanchard Valley Health Foundation falls under the category of organizations focused on housing and shelter for senior citizens and retirement communities as designated by the National Taxonomy of Exempt Entities (NTEE)[1]. The foundation's board oversees its operations and strategic planning.

Tax Status

Donations to Blanchard Valley Health Foundation are tax-deductible, reflecting its status as a charitable organization eligible for federal tax exemption[1].