Baptist Healthcare System Inc is a 501(c)(3) nonprofit healthcare organization based in Louisville, Kentucky. The system operates seven acute-care hospitals throughout Kentucky, along with clinics, immediate care centers, and wellness centers. The organization has been tax-exempt since 1937 and employs 21,334 people.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2B
+13.6% YoY
Annual Giving
$205.8M
+8.4% YoY
Grant Count
44
+7.3% YoY
Avg Grant Size
$4.7M
+1.0% YoY
Mission & Focus Areas
The mission of Baptist Health is to exemplify its Christian heritage of providing quality healthcare services by enhancing the physical and emotional health of the people and communities it serves, guided by integrity, respect, stewardship, excellence, compassion, and joy.
The organization's grantmaking focuses on education, philanthropy, voluntarism and grantmaking, and human services, primarily in Kentucky, Indiana, and New York.
Grantmaking
Baptist Healthcare System Inc made 47 grants in 2024 totaling approximately $207.6 million. Grant sizes range from $6,000 to $204.2 million, with a median grant of $15,000.
Grant Range
s range from $6,000 to $204.2 million, with a median grant of $15,000.
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Geographic Focus
Where this funder awards grants
Baptist Healthcare System Inc serves Kentucky and southern Indiana, with additional grantmaking activity in New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $5.19 billion
- Total Revenue: $4.34 billion
- Total Expenses: $3.88 billion
- Total Liabilities: $2.19 billion
- Total Giving: $207.6 million
- Giving Rate: 4.0% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,185,344,282 | $4,563,630,785 | $4,254,824,382 |
| Revenue | $4,336,531,405 | $3,692,771,906 | $3,703,027,563 |
| Expenses | $3,883,349,938 | $3,533,165,433 | $3,149,011,341 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $64,553,398 | $-10,236,443 | $200,239,848 |
| 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 10 recipients in 2024
Grant Size Distribution
204 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 |
|---|---|---|---|
| Gerard J Colman PhD | CEO & Director | 40 | $3,115,807 |
| Aaron Thompson PhD | Director (Through 12/31/23) | 1 | $3,000 |
| Alan Redditt | Director (Effective 1/1/24) | 1 | — |
| Bonnie Stith | Director | 1 | $3,000 |
| Cory Hicks | Director (Effective 1/1/24) | 1 | — |
| Dwain Morris | Director | 1 | $3,000 |
| Glenn Leveridge | Director (Through 12/31/23) | 1 | $3,000 |
| Jennifer Thomas | Director | 1 | $3,000 |
| Kerry M Stemler | Director | 1 | $3,000 |
| Lewis Diaz | Director | 1 | $3,000 |
| Linda J Thomas PhD | Director | 1 | $3,000 |
| Peter E Locken III MD | Director (Through 10/23/23) | 1 | $3,000 |
| Rev Dr Terry T Lester | Director (Through 12/31/23) | 1 | $3,000 |
| Robert L Hook Jr | Director | 1 | $3,000 |
| Tammy Zimmerman | Director | 1 | $3,000 |
| Victoria Buster | Director (Through 12/31/23) | 1 | $3,000 |
| William B Shircliff | Director | 1 | $3,000 |
| William Jeffrey Fultz | Director | 1 | $3,000 |
| Richard F Carrico | CFO, Treasurer, VP | 40 | $883,091 |
| Janet Norton | Secretary, VP, Chief Legal Officer | 40 | $1,070,881 |
| Patrick Falvey | System Chief Operating Officer | 40 | $1,589,511 |
| Isaac Myers MD | Chief Health Integration Officer | 20 | $1,166,884 |
| Joseph Prather | Chief Strategy Officer(Through 5/24) | 40 | $945,828 |
| Christopher Roty | Hospital President | 40 | $834,183 |
| Angela Mannino | Chief HR, Marketing & Comm Officer | 40 | $892,090 |
| Stephen R Oglesby | Former CFO, Treas, VP(Through 1/23) | — | $336,248 |
Recent News & Activity
Recent developments and announcements
Baptist Health announced $1.6 million in funding for local health clinics. The Baptist Health Foundation has received grants from external sources, including $125,000 from the National Breast Cancer Foundation and more than $210,000 in grants for women's health and oncology initiatives.
Baptist Health Announces $1.6M for Local Health ClinicsSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Mildred H Dunning Memorial Fund Trust
LEXINGTON, KY
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$4.3M
Grants
3
Total Given
$209K
Pauline C Young Scholarship
LEXINGTON, KY
Assets
—
Grants
0
Total Given
—
Welcome House Inc
COVINGTON, KY
Assets
$15.7M
Grants
1
Total Given
$405K
Tw Hl & Ns Donovan Scholarship
LEXINGTON, KY
Assets
$673K
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2
Total Given
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Taking Back Our Neighborhood Together
GLENVIEW, KY
Assets
$21K
Grants
0
Total Given
—
John T Reis Private Foundation
COVINGTON, KY
Assets
$200K
Grants
11
Total Given
$341K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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