Ballad Health Foundation

JOHNSON CITY, TN EIN: 58-1594191 Website

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

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$21M20202021202220232024
Metric202420232022
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

$0$4M$9M$13M$17M12 grants20205 grants20214 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

BALLAD HEALTH$2.2MEMORY & HENRY COLLEGE$25K

Grant Size Distribution

25 grants across all recorded years

19<$50K1$50–100K$100–250K$250–500K$500K–1M3$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Ballad Health Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JACK SIMPSONPRESIDENT / EX-OFFICIO$258K

From 2024 filing

NameTitleHoursCompensation
JULIE LICHCHAIRPERSON1
CARLA KARSTVICE CHAIR1
LYNN KRUTAKTRUSTEE / BH EVP & CFO1
JACK SIMPSONPRESIDENT / EX-OFFICIO45$258,004
JEFF BEDARDTRUSTEE0.5
TERRY BEGLEYTRUSTEE0.5
MARK COXTRUSTEE0.5
ELIZABETH GARTNERSECRETARY/TREASURER1
JOANNE HAIRSTONTRUSTEE0.5
ANTHONY KECKTRUSTEE0.5
TODD NORRISTRUSTEE0.5
DON RAINESTRUSTEE0.5
DAWN TUELLTRUSTEE0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

AbingdonBig Stone GapBoyes Hot SpringsBristolElizabethtonEmoryGreenevilleJohnson CityKingsport

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

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