Baptist Health Foundation Greater Louisville Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Baptist Health Foundation Greater Louisville is a nonprofit, non-stock corporation that promotes philanthropy and charitable giving to provide resources that assist, advance, and strengthen Baptist Health Louisville, a hospital owned and operated by Baptist Healthcare System, Inc. The Foundation supports Baptist Health's mission and ministry of healing in its role as a trusted community health center, provides educational opportunities for students in health-related fields, and supports other related health and humanitarian endeavors. Baptist Healthcare System, Inc. is recognized as a tax-exempt organization under Section 501(c)(3) and classified as a public charity under Section 509(a)(1). The Foundation operates exclusively for the benefit of Baptist Healthcare System, Inc., to perform its functions and carry out its mission and purposes.
- Income
- $4.5 million
- Spending
- $6.2 million
- Spent on programs
- 89%
- Reserves
- 15.1 months of spending
- Largest source of income
- donations and private grants, 93%
- Employees
- 4
- Volunteers
- 40
- Highest pay
- $1.7 million, treasurer
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 58% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 15.1 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 40% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 38% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2521 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $5.5 million spent. The primary purpose of Baptist Health Foundation Greater Louisville is to encourage, solicit, receive and administer gifts, bequests, donations and benefactions made to the Foundation for the benefit of Baptist Health Louisville Hospital and to provide greater continuity and uniformity in the control, management and distribution of gifts, bequests, donations and benefactions. Baptist Health Foundation Greater Louisville works to further the missions of Baptist Health Louisville Hospital and Baptist Healthcare System, Inc. Baptist Health Louisville Hospital provides medically necessary care to all patients regardless of race, religion, sex, national origin, disability, age or ability to pay. Donations made to Baptist Health Foundation Greater Louisville are used to support patient care, provide educational assistance and fund capital needs of Baptist Health Louisville Hospital.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.