Adventist Health SystemSunbelt Inc

ALTAMONTE SPRINGS, FL EIN: 59-1479658 Website

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 hospital 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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$14.1B

+13.9% YoY

Annual Giving

$35.2M

+28.1% YoY

Grant Count

142

+27.9% YoY

Avg Grant Size

$248K

+0.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.3B$4.6B$6.9B$9.1B20202021202220232024
Metric202420232022
Total Assets$14,087,207,811$12,364,542,205$11,012,939,296
Revenue$8,312,865,593$7,068,777,044$6,252,705,895
Expenses$6,857,775,203$6,279,245,270$5,809,231,036
Qualifying Distributions
Net Investment Income$261,437,323$59,913,880$128,778,123
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$9M$18M$26M$35M100 grants202099 grants202188 grants2022111 grants2023142 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Florida Senior Housing I…$11.4MAdventHealth Foundation …$3.5MCristo Rey Orlando High …$3.0MCommunity Health Centers…$2.7MThe Christian Sharing Ce…$2.1MSpecial Hearts Farm Inc$1.6MThe Salvation Army a Geo…$1.3MCentral Florida Family H…$1.3MFoundation for Seminole …$1.0MUnited Global Outreach$1.0M

Grant Size Distribution

540 grants across all recorded years

372<$50K39$50–100K62$100–250K30$250–500K12$500K–1M20$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Bogar MD LindaPhysician - Heart Transplant$1.8MDavis Jr Robert DuanePhysician/Medical Director$1.7MZeeshan MD AhmadPhysician - Heart Transplant$1.6MAngelis MD MichaelPhysician - Kidney Transplant$1.6MChin MD L ThomasPhysician - Liver Transplant$1.6M

From 2024 filing

NameTitleHoursCompensation
Allen KimberlyDirector0.3
Bigalke John TDirector0.4
Brooks StephenDirector (Beg 9/24)0.5
Carlson RonaldDirector0.3
Cherry MD Robert ADirector0.4
Craig Carlos JDir./Vice Chair/Secretary0.8
Davidson James RDirector (End 9/24)0.5
DeMoraes DMin EltonDirector (Beg 9/24)0.3
Denslow KennethDir./Vice Chair0.8
Devore Susan DDirector0.3
Freedman DavidDirector (Beg 9/24)0.6
Freese Decker ChristinaDirector0.3
Gabriel GarthDirector0.3
Grys DMin JohnDirector (End 9/24)0.3
Hatton MelindaDirector (Beg 7/24)0.3
Morel Jr D Min Hubert JDirector (Beg 9/24)0.5
Morgan William HDirector (End 10/24)0.3
Page John MDirector (End 9/24)0.6
Patterson AnaDirector0.5
Ramirez EldenDirector (End 9/24)0.5
Rustad GaryDirector0.3
Sauder PhD VinitaDirector (End 5/24)0.3
Scott Glynn CWDirector (Beg 9/24)0.5
Shaw Terry DDir/President/AdventHealth CEO1
Smith DMin PhD Ron CDirector/Chairperson0.8
Thurber Gary FDirector/Vice Chair0.8
Tikker BlairDirector0.3
VandeVere DavidDirector (End 9/24)0.6
Werner Thomas LDirector0.3
Haffner PhD RandallGroup CEO FL & Clinical1
Rathbun Paul CAdventHealth CFO1
Adams BrianCEO Central FL Division50
Deininger RobertCEO AH Central FL Market50
Edris TriciaChief Innovation & Partnership Officer50
Goodman ToddGroup CFO FL & Clinical1
Harcombe DouglasCEO AH South FL Market50
Herrera MD VictorChief Clinical Off. AH Central FL Div.50
Hilliard DouglasCFO AH Central FL Division50
Jimenez KristinChief Strategy Off. AH Central FL50
Johnson LinnetteChief Clinical Operations Off. AH Central50
Mckinney JillyanCEO, AHMG & Ambulatory Serv. Central15
Santorelli AmyChief People Off. AH Central FL Division50
Stankiewicz CatherineCNO AH Central FL Division50
Vargas KarilynnCEO AH NW Market Central FL50
Angelis MD MichaelPhysician - Kidney Transplant80$1,606,053
Bogar MD LindaPhysician - Heart Transplant75$1,798,089
Chin MD L ThomasPhysician - Liver Transplant75$1,603,201
Davis Jr Robert DuanePhysician/Medical Director50$1,682,217
Zeeshan MD AhmadPhysician - Heart Transplant85$1,639,909
Cook TimothyFormer Key Employee
Finkler MD NeilFormer Key Employee
Moorhead SherylFormer Key Employee
Spenst BrettFormer Key Employee
Thompson MichaelFormer Key Employee
Villanueva JeffreyFormer Key Employee50
Wandersleben JenniferFormer Key Employee
Zbaraschuk AmyFormer Key Employee40

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

12states
+4 more states

Cities

AlexandriaAltamonte SpringsApopkaAtlantaAvon ParkBrookhavenCasselberryCelebrationClermontCobinaCocoa BeachColumbiaDaytona BeachDelandEustisGothaHeathrowJacksonvilleKansas CityKissimmee

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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