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Baptist Memorial Health CARE Foundation

Memphis, TN · EIN 58-1544781 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Baptist Memorial Health CARE Foundation reported $66.4 million in revenue and $19.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $89.81 went to program services, $8.37 to management and general costs and $1.82 to fundraising. Its largest source of revenue was investment income: 81.7% of the total. The highest compensation it reported for one person was $3,913,950 (PRESIDENT). 1 person received more than $100,000 in reportable compensation. Revenue rose 54% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $66M

Other revenue was negative: −$392K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
1.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
18.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,913,950$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
20.07%1.34%
People paid over $100,000
Part VII, line 2
127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
482.46.6
Independent voting board members
Part VI 1a–1b
14 of 1588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$18M expenses · 100.0% of program spending · grants $16M

Baptist Memorial Health Care foundation, inc., established in 1983, is the fundraising arm of the Baptist Memorial Health Care system which raises money to benefit various Baptist Memorial Health Care corporation programs and services. Funds raised by Baptist Memorial Health Care foundation, inc. Help accomplish Baptist Memorial Health Care corporation's charitable care objectives and provide resources for enhanced patient care, education, and groundbreaking clinical research. Baptist Memorial Health Care foundation, inc. Solicits, receives, and manages contributions, gifts, grants, and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 1.33 hrs/week
$0$3,797,655$116,295$3,913,950
SECRETARY
Officer, 0.20 hrs/week
$0$1,667,844$92,287$1,760,131
CFO
Officer, 0.10 hrs/week
$0$1,130,258$85,861$1,216,119
FORMER CFO
Former, 0.00 hrs/week
$0$538,737$0$538,737
VP-CHIEF DEV. OFFICER
Officer, 40.00 hrs/week
$0$318,468$54,271$372,739
SENIOR DIRECTOR-ADVANCEMENT SERVICES
Highest compensated employee, 40.00 hrs/week
$103,841$0$47,682$151,523
DIRECTOR
Director/trustee, 0.20 hrs/week
$0$90,027$17$90,044

1 people received more than $100,000 in reportable compensation from Baptist Memorial Health CARE Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $245K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$66M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$66M$19M89.8%$784M$3,913,950
FY2024 ⓘ$47M$20M90.1%$727M$3,155,218
FY2023 ⓘ$67M$19M90.3%$598M$2,456,642
FY2022 ⓘ$72M$17M87.9%$539M$3,501,451
FY2021 ⓘ$54M$16M86.5%$673M$2,916,928
FY2020 ⓘ$43M$15M86.9%$562M$1,897,459

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 510
  • Volunteers Part I, line 665

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COMMUNITY COUNSELING SERVICE CO
Counseling services
$642,044

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Baptist Memorial Health CARE Foundation totaling $22,813 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Baptist Memorial Health CARE Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Baptist Memorial Health CARE Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Tennessee

Questions people ask

How much of Baptist Memorial Health CARE Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, Baptist Memorial Health CARE Foundation reported that 89.8% of its $19.5 million in expenses went to program services, 8.4% to management and general and 1.8% to fundraising (Form 990, Part IX).

How much does Baptist Memorial Health CARE Foundation pay its top executive?

The largest total compensation Baptist Memorial Health CARE Foundation reported for one person in the fiscal year ending September 30, 2025 was $3,913,950, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Baptist Memorial Health CARE Foundation get its money?

Of $66.4 million in revenue in the fiscal year ending September 30, 2025, 18.9% came from contributions and grants (including 0.3% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Baptist Memorial Health CARE Foundation a registered charity?

The IRS lists EIN 58-1544781 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622259349300602 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532269349300108 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442279349304069 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342239349300739 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212249349301826 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122259349300502 · read the filing

All filings for EIN 58-1544781: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.