NonprofitsCalverthealth Foundation Inc

Health Care

Calverthealth Foundation Inc

PRNC FREDERCK, MD

Total revenue

$2.7M

Total expenses

$1.4M

Net assets

$7.6M

Grants received

$725K

22 grants

EIN

521680647

Tax year

2023

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.

Programs

1 program

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 CalvertHealth Medical Center, Inc. In FY 2024, the Foundation awarded $101,000 in scholarships.

Expenses: $101KGrants: $101K

Financials

FY 2023

Revenue

Contributions & grants$2.3M
Program service revenue
Investment income$422K
Other revenue
Total revenue$2.7M

Expenses

Grants paid$1.3M
Salaries & benefits
Fundraising$385
Other expenses$102K
Total expenses$1.4M
Total assets$7.7M
Net assets$7.6M

People

20 listed

NameRoleCompensation

Barbara Gardner

Ex-Officio - CHS Treasurer

Board

1 hrs/wk

Barry Friedman

Vice Chair

Board

2 hrs/wk

Frank Smith

Chair/Secretary-Treasurer

Board

1 hrs/wk

Jeremy Bradford

Ex-Officio - CEO

Board

1 hrs/wk

Marianne Harms

Second Vice Chair

Board

10 hrs/wk

Brian Lazarchick

Trustee

Board

1 hrs/wk

Brian Martin

Trustee (Left 12/31/23)

Board

2 hrs/wk

Denise Bowman

Ex-Officio - Immediate Past Chair

Board

3 hrs/wk

Dixie Miller

Trustee

Board

2 hrs/wk

Dwayne Hooper

Trustee

Board

2 hrs/wk

Grace Anastasi

Trustee

Board

2 hrs/wk

Judy Switick

Trustee

Board

1 hrs/wk

Julie Cornellier

Trustee

Board

2 hrs/wk

Lisa Garner

Trustee

Board

2 hrs/wk

Maria Icaza

Trustee

Board

2 hrs/wk

Nickie Danisha Zancan

Trustee

Board

2 hrs/wk

Robert Carpenter

Trustee (Started 1/1/24)

Board

2 hrs/wk

William Gaines

Trustee

Board

4 hrs/wk

Carolyn Heithaus

Ex-Officio - CFO

Board

1 hrs/wk

Dean Teague

Ex-Officio - CEO - left 2/28/23

Staff

1 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$25K
A FIVE-YEAR COMMITMENT FOR A LUNG CANCER SCREENING PROGRAM.
2024
$20K
GENERAL SUPPORT
2024
$5K
THE PURPOSE OF THIS CONTRIBUTION IS TO PROVIDE FINANCIAL ASSISTANCE TO CALVERTHEALTH FOUNDATION TO ENHANCE ITS ABILITY TO PURSUE ITS CHARITABLE MISSION.
2024
$125K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
THE PURPOSE OF THIS CONTRIBUTION IS TO PROVIDE FINANCIAL ASSISTANCE TO CALVERTHEALTH FOUNDATION TO ENHANCE ITS ABILITY TO PURSUE ITS CHARITABLE MISSION.
2023
$4K
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$26K
A FIVE-YEAR COMMITMENT FOR A LUNG CANCER SCREENING PROGRAM.
2022
$25K
THE PURPOSE OF THIS CONTRIBUTION IS TO PROVIDE FINANCIAL ASSISTANCE TO CALVERTHEALTH FOUNDATION TO ENHANCE ITS ABILITY TO PURSUE ITS CHARITABLE MISSION.
2022
$3K
PROGRAM/OPERATING SUPPORT
2022
$150K
For recipient's exempt purpose
2021
$11K
OPERATIONS
2021
$256K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$32K
A FIVE-YEAR COMMITMENT FOR A LUNG CANCER SCREENING PROGRAM.
2020
$19K
GENERAL SUPPORT
2020
$5K
GENERAL OPERATING
2020

Funded by

$725K from 8 funders · 22 grants · 2020–2024

Vanguard Charitable Endowment Program

$531K · 3 grants · 2020–2023

Decesarisprout Cancer Foundation Inc

$83K · 3 grants · 2020–2024

Smeco Charitable Foundation Inc

$39K · 2 grants · 2020–2024

The George & Josephine Curtis Foundation

$35K · 3 grants · 2022–2024

The Bank of America Charitable Foundation Inc

$17K · 8 grants · 2020–2023

Nora Roberts Foundation

$11K · 1 grant · 2021

Details

EIN521680647
NTEE codeE22I
Subsection03
Ruling date1990-08
Formed1989
Employees0
Volunteers38
CALVERTHEALTH FOUNDATION INC — Mission, Financials & Grants Received | Grantivo