Ballad Health Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
BALLAD HEALTH FOUNDATION'S PRIMARY PURPOSE IS TO BUILD RELATIONSHIPS WITH OTHERS TO FULFILL THE MISSION AND VISION OF BALLAD HEALTH THROUGH PHILANTHROPY. WORKING TOGETHER AROUND A COMMON SET OF OBJECTIVES, WE CAN TRANSFORM OUR COMMUNITY'S HEALTH AND WELL-BEING.
- Income
- $11.1 million
- Spending
- $7.3 million
- Spent on programs
- 81%
- Reserves
- 31.4 months of spending
- Largest source of income
- donations and private grants, 78%
- Employees
- 8
- Volunteers
- 182
- Highest pay
- $1.2 million, former trustee / bh evp & cfo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 92% of charities in its peer group (health care, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 31.4 months of spending.
Debt
20 of 20It owes 11% of what it owns.
Living within its means
15 of 15Income exceeded spending by 34% of income.
Income trend
15 of 15Income rose 40% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 258 of 12 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
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
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 June 30, 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)
- $5.9 million spent. BALLAD HEALTH FOUNDATION BUILDS RELATIONSHIPS THAT FULFILL THE MISSION AND VISION OF BALLAD HEALTH THROUGH PHILANTHROPY. DURING THE FISCAL YEAR ENDING JUNE 30, 2025, OVER 4,535 COMMUNITY MINDED BUSINESSES AND INDIVIDUALS MADE GIFTS THAT ENABLED THE FOUNDATION TO LEVERAGE THE POWER OF PHILANTHROPY TO IMPROVE THE OVERALL HEALTH OF THE APPALACHIAN HIGHLANDS. THESE GIFTS ENABLED THE FOUNDATION TO PROVIDE $5,532,407 IN GRANTS FOR EQUIPMENT, PROGRAMS, AND SERVICES THROUGHOUT THE REGION.OVER $3.3 MILLION WAS DESIGNATED FOR NISWONGER CHILDREN'S HOSPITAL AND PEDIATRIC SERVICES TO INCLUDE FUNDING FOR A TWO FLOOR ADDITION TO THE HOSPITAL, EXPANSION OF THE PEDIATRIC INFUSION CENTER AND PEDIATRIC OUTPATIENT REHAB CENTER, AND FOR ITEMS SUCH AS PEDIATRIC EYE SURGERY STRETCHERS, AIR TRANSPORT ISOLETTE, NICU BEDS, WHEELCHAIRS, STRETCHERS, PEDIATRIC ULTRASOUND AND FETAL MONITOR, MUSIC THERAPY FOR PEDIATRIC ONCOLOGY PATIENTS AND PROGRAM SUPPORT FOR OUR CHILDREN'S RESOURCE CENTER.THE FOUNDATION ALSO PROVIDED $2.2 MILLION IN GRANTS FOR EQUIPMENT, PROGRAM NEEDS, AND EDUCATION THROUGHOUT OTHER BALLAD FACILITIES. THIS INCLUDED $384,336 FOR CARDIOLOGY EQUIPMENT, $148,105 FOR ONCOLOGY NEEDS, $201,202 FOR RENOVATION OF A HOSPITALITY HOUSE FOR CANCER PATIENTS, AND $31,028 FOR HOSPICE/HOME HEALTH CARE. WE SAW SIGNIFICANT INCREASES IN OUR PATIENT ASSISTANCE PROGRAM AND TEAM MEMBER EMERGENCY SUPPORT DUE TO HURRICANE HELENE. THE FOUNDATION PROVIDED OVER $400,000 IN PATIENT ASSISTANCE FUNDS AND OVER $545,000 FOR TEAM MEMBER EMERGENCY SUPPORT.
Source: Form 990 for the year ending June 30, 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 November 6, 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 June 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 1985.
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 November 4, 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.