Ephraim Mcdowell Health Care Foundation Inc

What it reported doing in 2024

The ephraim mcdowell health care foundation (emhcf) is an organization whose primary mission is to raise, invest, and distribute funds in support of ephraim mcdowell health's tax-exempt health care services in boyle, casey, garrard, lincoln, mercer, and Washington counties - the primary service area of ephraim mcdowell health (emh). The foundation accomplishes this purpose through fundraising events, direct appeals, grant writing, and philanthropic partnerships. Earnings from investments and charitable contributions are directed to emh entities for capital improvements, patient care initiatives, community health programs, education, and scholarships that otherwise would not be possible without foundation support. A volunteer, uncompensated community-based board of directors governs the foundation and determines how philanthropic funds are used to improve the health and well-being of the communities served by ephraim mcdowell health. The foundation chair reports foundation activities to the ephraim mcdowell health board of directors. Programs supported in fy25 include the following: - aed grant program - emhcf awarded $9,120 to purchase and install six automated external defibrillators (aeds), placing one new device in each county served by ephraim mcdowell health and strengthening emergency preparedness throughout the region. - chaplain's discretionary fund - emhcf provided $4,800 in compassionate assistance to patients who could not afford medications, medical equipment, transportation, and other essential needs following hospitalization, helping remove financial barriers to recovery. - community health services support - emhcf funded $2,115 for the purchase and distribution of 300 colorectal cancer screening kits during colorectal cancer awareness month. The kits were made available throughout the six-county service area to promote early detection and improve access to preventive care. - kids can do pediatric therapy center - emhcf invested more than $53,000 to support specialized pediatric therapy programs, including camp can do, the orthotic shoe program, adaptive bicycle program, club program, buddies and beyond, and the carl the collector community event, providing therapy, adaptive resources, and developmental opportunities for children with special needs and their families. - associates first fund - emhcf distributed $53,052.19 in emergency financial assistance to ephraim mcdowell health associates experiencing unexpected hardships, helping employees remain financially stable during times of crisis. - technology and patient care improvements - emhcf provided $57,165 for the installation of a new ada-accessible pool lift at the mcdowell wellness center, improving access to aquatic therapy and wellness services for individuals with disabilities and those undergoing rehabilitation. - patient experience initiatives - emhcf provided $2,600 to establish and support the comfort cart program, offering blankets, keepsakes, snacks, and comfort items to patients and families experiencing grief and loss. - scholarships - emhcf awarded $1,500 in scholarships to graduating high school seniors pursuing careers in health care, encouraging the development of the next generation of health care professionals. - community wellness programs - emhcf supported the second annual halloween spooktacular glow party with $4,009, creating an inclusive, sensory-friendly event for children and adults with disabilities. Additionally, the foundation invested $4,021 in the 10th annual get moving community challenge, encouraging healthy lifestyles for more than 800 participants across the region. Emhcf continued to engage the community through four signature fundraising events: tip toes and tuxedos, happy heart day, the annual golf classic, and luminosity. Together with generous donors, sponsors, and grant partners, these efforts generated $581,246 in charitable support during 2025, allowing the foundation to expand programs and improve access to health

Financial Efficiency

• Mission deployment rate: 19.9%; rating input score 20
• Program expense ratio: 21.3%; rating input score 21
• Fundraising efficiency: $2.01 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

• Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 73.1%; rating input score 73; 33rd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 34.6%; rating input score 87; 87th percentile among comparable filings
• Total-asset coverage ratio: 24.95; rating input score 97; 97th percentile among comparable filings
• Liabilities to assets ratio: 0.38; rating input score 20; 20th percentile among comparable filings
• Officer compensation ratio: 36.3%; rating input score 4; 4th percentile among comparable filings

Growth

• Program expense growth: -9.5% per year; rating input score 0; 5th percentile among comparable filings
• Revenue growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings