BALLAD HEALTH FOUNDATION'S PRIMARY PURPOSE IS TO BUILD RELATIONSHIPS WITH OTHERS TO FULFILL THE MISSION AND VISION OF BALLAD HEALTH THROUGH PHILANTHROPY. WORKING TOGETHER AROUND A COMMON SET OF OBJECTIVES, WE CAN TRANSFORM OUR COMMUNITY'S HEALTH AND WELL-BEING.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$71.5M
+6.0% YoY
Annual Giving
$2.2M
-87.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1.1M
-87.2% YoY
About Ballad Health Foundation
Based on IRS filings
Ballad Health Foundation is a nonprofit organization focused on Health, based in JOHNSON CITY, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $71.5M in total assets. In 2024, it awarded 2 grants totaling $2.2M. Net investment income was $2.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $71,461,063 | $67,442,232 | $62,092,613 |
| Revenue | $7,890,797 | $7,726,360 | $13,795,215 |
| Expenses | $4,059,826 | $18,711,967 | $6,462,250 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,915,247 | $1,401,132 | $2,034,599 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JULIE LICH | CHAIRPERSON | 1 | — |
| CARLA KARST | VICE CHAIR | 1 | — |
| LYNN KRUTAK | TRUSTEE / BH EVP & CFO | 1 | — |
| JACK SIMPSON | PRESIDENT / EX-OFFICIO | 45 | $258,004 |
| JEFF BEDARD | TRUSTEE | 0.5 | — |
| TERRY BEGLEY | TRUSTEE | 0.5 | — |
| MARK COX | TRUSTEE | 0.5 | — |
| ELIZABETH GARTNER | SECRETARY/TREASURER | 1 | — |
| JOANNE HAIRSTON | TRUSTEE | 0.5 | — |
| ANTHONY KECK | TRUSTEE | 0.5 | — |
| TODD NORRIS | TRUSTEE | 0.5 | — |
| DON RAINES | TRUSTEE | 0.5 | — |
| DAWN TUELL | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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