South Florida Baptist Hospital Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 47% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
South Florida Baptist Hospital Foundation, Inc. supports South Florida Baptist Hospital in carrying out its community mission by promoting and procuring philanthropic support, practicing prudent fiscal management, and continually assessing the hospital's short term and long range capital needs.
- Income
- $3.0 million
- Spending
- $522,818
- Spent on programs
- 47%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 76%
- Employees
- 4
- Volunteers
- 85
- Highest pay
- $584,572, ex-officio/president sfbh
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 30% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 83% of income.
Income trend
0 of 15Income fell 44% on the year before.
Spending floor
0 of 1547% of spending went to programs and raising each dollar of donations cost 22 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 40% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 2524 of 27 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 December 31, 2024, 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 (5)
- $208,888 spent. In 2024, South Florida Baptist Hospital (SFBH) and the South Florida Baptist Hospital Foundation (SFBHF) truly had one priority, to open a brand-new hospital to replace our existing legacy hospital. The existing hospital had served the community for the last 70 years, but the need for expansion had outgrown the original location. So, BayCare Health System approved a $326M new hospital to be built in the Plant City Community. We broke ground in 2021 and opened August 10, 2024. Even though the entire capital expense was the responsibility of BayCare the SFBHF raised over $5,000,000 (2022 - 2024) to support the hospital's departments and to provide innovative new medical equipment. Continued on Schedule O As the new hospital opened, leadership determined that they needed to evaluate the hospital's needs for support from SFBHF once the move was complete. As a result, some of the larger planned grants to the hospital were temporarily delayed until the evaluation could be completed, resulting in fewer grants to SFBH than normal. Our most significant program expense was $166,360 to design and install new recognition walls and room plaques in the new hospital to recognize our many generous and valued donors. In addition, we invited our donors to a very special dinner of thanks and recognition and the chance to have a first look at our new hospital and what the next 70 years may look like.
- $15,118 spent. The Foundation Board of Directors approved $7,832 in scholarship programs to support education and training awards for deserving high school students and hospital team members. These awards are used to pursue college degrees in health-related fields, nursing degrees and to attend conferences to advance skill sets. Additionally, the Foundation continued to provide support to team members in need through the Team Member Emergency Assistance fund. In 2024, $4,208 in grants were made on behalf of team members in financial need.
- $14,823 spent. In 2024, the Foundation Board of Directors continued to support the Wellness on Wheels program with a $10,000 grant. This program, which is funded by the Foundation's annual Children's Classic Golf Tournament, brings medical care to the community, serving communities that are most at risk and in need. Additionally, another $1,805 was used to purchase furniture and accessories for the Cancer Resource Center.
- $5,822 spent. South Florida Baptist Hospital Foundation offers a program titled Patient Experience Grant. It is a grant awarded to hospital departments that are applied for by hospital team members. They may apply for funding up to $5,000 for equipment, supplies or a program that will improve the patient experience in their area. This program has been in place since 2016. The funding is provided by the annual team member giving campaign, Together We Make A Difference! In 2024 the Obstetrics and Gynecology Department was awarded $4,637 for a Birthing Simulator. This program gives team members an opportunity to secure financial support for services for their patients. It's a great way to build relationships with the team and support their priorities with Foundation dollars.
- (Expenses $ 5,822 including grants of $ 4,637) South Florida Baptist Hospital Foundation offers a program titled Patient Experience Grant. It is a grant awarded to hospital departments that are applied for by hospital team members. They may apply for funding up to $5,000 for equipment, supplies or a program that will improve the patient experience in their area. This program has been in place since 2016. The funding is provided by the annual team member giving campaign, Together We Make A Difference! In 2024 the Obstetrics and Gynecology Department was awarded $4,637 for a Birthing Simulator. This program gives team members an opportunity to secure financial support for services for their patients. It's a great way to build relationships with the team and support their priorities with Foundation dollars.
Source: Form 990 for the year ending December 31, 2024, 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 September 7, 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 September 30, 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 September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: South Florida Baptist Hospital Inc (Plant City, FL), EIN 59-0594631. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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.