KENT HOSPITAL FOUNDATION

PROVIDENCE, RI, 02906-5117 (401) 737-8885 Est. 2000 EIN 05-0514640
E112— Health Care Form 990 501(c)(3)
KENTRI.ORG/WAYSTOGIVE/FOUNDATION

Mission

THE MISSION OF KENT COUNTY HOSPITAL FOUNDATION IS TO SERVE THE HEALTH CARE NEEDS OF OUR REGION THROUGH KENT COUNTY MEMORIAL HOSPITAL; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, BY ENCOURAGING AND FACILITATING PHILANTHROPIC GENEROSITY AND SPIRIT OF VOLUNTEERISM. THE KENT HOSPITAL FOUNDATION SERVES AS THE PHILANTHROPIC ARM OF KENT COUNTY MEMORIAL HOSPITAL BY ACCEPTING, ACKNOWLEDGING AND RECOGNIZING CHARITABLE CONTRIBUTIONS FROM INDIVIDUALS, BUSINESSES, FOUNDATIONS AND GOVERNMENTAL SOURCES THAT SUPPORT THE HOSPITAL'S MISSION AND WORK IN THE COMMUNITY.

Giving Portfolio

Total Grants
7
Total Giving
$4.8M
Recipients
7
Years Active
2017 - 2023
Avg grant: $687,615 Median: $549,954

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$870K $870K01
20221$550K $550K01
20211$523K $523K01
20201$258K $258K01
20191$378K $378K01
20181$1.4M $1.4M01
20171$856K $856K10

Sectors Funded

Health Care
7

Top States

Rhode Island
7

Grantee Size Profile

Over $50M
7

Top Grantees

$4.8M

Grants Awarded · 7 grants

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Financials

Total Revenue
$1,720,058
Total Expenses
$872,291
Net Assets
$2,110,984
11 volunteers
From latest filing (tax period ending 2024-09-30)

Financial Health

Operating Reserve
2.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 47.8%
Expenses ↑ 30.3%
Revenue Sources
Contributions 91.8% Investment 8.2%
Expense Breakdown
Program 100.0%

Officers & Trustees (16)

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EIN: 05-0514640 · Source: IRS Form 990 e-file data