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Ky Hospital Research & Education Foundation Inc

EIN 61-6052378 · Louisville, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE CHARITABLE AND EDUCATION ACTIVITIES TO FOSTER THE IMPROVEMENT OF THE HEALTH OF THE PEOPLE OF KENTUCKY THROUGH EDUCATIONAL PROGRAMS DESIGNED TO IMPROVE THE KNOWLEDGE OF HEALTHCARE EMPLOYEES; TO ESTABLISH COLLABORATIVES TO ENHANCE THE PREPAREDNESS OF KENTUCKY HOSPITALS AND OTHER HEALTH CARE ORGANIZATIONS IN RESPONDING TO DISASTERS, EMERGENCIES AND TRAUMA; TO SUPPORT THE ADVANCEMENT OF CRITICAL ACCESS AND SMALL RURAL HOSPITALS TO IMPROVE QUALITY OF CARE AND FINANCIAL VIABILITY; TO IDENTIFY HEALTH CARE WORKFORCE SHORTAGES AREAS AND TO ESTABLISH COLLABORATIVES AMONG HOSPITALS TO ADDRESS INFECTION PREVENTION/CONTROL ISSUES.

Income
$10.0 million
Spending
$10.2 million
Spent on programs
95%
Reserves
2.2 months of spending
Largest source of income
government grants, 61%
Employees
0
Volunteers
7
Highest pay
$1.2 million, president

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

Fair: 50 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 2.2 months of spending.

  • Debt

    2 of 20

    It owes 85% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 3% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 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: 95 out of 100.

  • Independent board

    25 of 25

    7 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (4)
  1. $4.3 million spent. ADMINISTER KENTUCKY'S HOSPITAL AND DISASTER PREPAREDNESS ACTIVITIES INCLUDING EDUCATION AND TRAINING FOR HOSPITALS, HEALTH DEPARTMENTS, AND OTHER COMMUNITY HEALTH SERVICES EMPLOYEES RELATED TO EMERGENCY PREPAREDNESS IN KENTUCKY. COORDINATE PURCHASE OF EMERGENCY ANDDISASTER PREPAREDNESS EQUIPMENT AND EMERGENCY COMMUNICATIONS WITH KENTUCKY'S EMERGENCY MEDICAL SERVICES REGIONS.
  2. $3.5 million spent. KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) WILL PROVIDE RESOURCES AND LEAD THE EFFORT FOR KENTUCKY HOSPITALS TO ADOPT THE HIGHEST LEVEL OF QUALITY AND HARM AVOIDANCE THAT FITS WITHIN THE KHA MISSION OF SUSTAINING AND IMPROVING THE HEALTH STATUS OF THE CITIZENS OF KENTUCKY. KHREF SEEKS TO EXPAND AND SUSTAIN A COMPREHENSIVE, EQUITABLE APPROACH TO ADDRESS ALL AVOIDABLE PATIENT HARM AND PROMOTE THE HIGHEST POSSIBLE HEALTH STATUS FOR ALL INDIVIDUALS THROUGHOUT KENTUCKY.
  3. $1.1 million spent. KY HOSPITAL RESEARCH & EDUCATION FOUNDATION (KHREF) WILL PROVIDE RESOURCES AND LEAD THE EFFORT FOR KENTUCKY HOSPITALS TO ADOPT THE HIGHEST LEVEL OF OPIOID STEWARDSHIP PERFORMANCE THAT FITS WITHIN THE KHA MISSION OF SUSTAINING AND IMPROVING THE HEALTH STATUS OF THE CITIZENS OF KENTUCKY. KHREF SEEKS TO EXPAND AND SUSTAIN A COMPREHENSIVE, EQUITABLE RECOVERY-ORIENTED SYSTEM OF CARE TO ADDRESS OPIOID USE DISORDER (OUD) AND STIMULANT USE DISORDER (SUD) FOR ALL INDIVIDUALS THROUGHOUT KENTUCKY.
  4. $889,763 spent. ADMINISTER THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES' ASPR COVID GRANT TO REIMBURSE HOSPITALS' COVID RELATED EXPENSES. PROVIDE EDUCATIONAL PROGRAMMING FOR HOSPITAL PERSONNEL IN THE AREAS OF COMPLIANCE, QUALITY, ACCREDITATION STANDARDS, AND MANAGEMENT TRAINING.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1969.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.

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