ADVENTHEALTH FOUNDATION INC

ALTAMONTE SPG, FL, 32714-1502 (407) 357-1000 Est. 1982 EIN 59-2219301
E120— Health Care Form 990 501(c)(3)

Mission

Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The filing organization and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.

Giving Portfolio

Total Grants
203
Total Giving
$124.5M
Recipients
177
Years Active
2018 - 2024
Avg grant: $634,225 Median: $85,023

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202437$24.1M $652K531
202340$17.0M $425K1126
202228$17.5M $623K819
202134$22.8M $671K420
202036$13.2M $368K1217
201828$29.8M $1.1M240

Sectors Funded

Health Care
112
Human Services
9
Philanthropy & Grantmaking
9
Recreation & Sports
8
Education
5
Religion-Related
3
Housing & Shelter
3
Arts, Culture & Humanities
2
and 3 more sectors

Top States

Florida
149
North Carolina
17
Georgia
14
Texas
9
Kentucky
7
Illinois
5
Utah
1
Ohio
1

Grantee Size Profile

Over $50M
121
$1M - $5M
27
$10M - $50M
14
$5M - $10M
7
$500K - $1M
5
$100K - $500K
2

Top Grantees

and 15 more grantees

Financials

Total Revenue
$47,384,162
Total Expenses
$32,618,114
Net Assets
$199,050,326
348 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
6.1 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 65.4%
Expenses ↑ 44.1%
Revenue Sources
Contributions 26.1% Earned revenue 48.8% Investment 28.7%
Expense Breakdown
Program 88.5% Management 6.3% Fundraising 5.2%

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EIN: 59-2219301 · Source: IRS Form 990 e-file data