Bridgewater HealthCare Foundation Inc

Public charity · Grantmaker Bridgewater, VA EIN: 52-1296840

Provides fundraising and program oversight for donor restricted funds for the operating and management organizations of a retirement community with related 501(c)(3) organizations.

Bridgewater HealthCare Foundation Inc at a glance

In short: Bridgewater HealthCare Foundation Inc gave $1.4M across 3 grants in 2025 (avg $465K), mostly in Virginia. Source: 2025 IRS Form 990.

Annual giving (2025)
$1,395,424
+29.9% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$465,141
+29.9% vs 2024
Median grant
$283,120
Total assets
$34,841,196
+10.3% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Bridgewater HealthCare Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Bridgewater Home Inc: $1.0MBridgewater Home Inc$1.0MBridgewater HealthCare Inc: $283KBridgewater HealthCare Inc$283KBridgewater Village Inc: $111KBridgewater Village Inc$111K

The largest 2025 recipient was Bridgewater Home Inc ($1.0M). Together the top 3 received $1.4M.

Grant Size Distribution

15 grants across all recorded years

2<$50K2$50–100K4$100–250K1$250–500K3$500K–1M3$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 15 (27%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

Bridgewater

How Bridgewater HealthCare Foundation Inc gives

  • Giving grew 21% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M3 grants2019 3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $1.1M (2024) to $2.1M (2020). In 2025 it made 3 grants totaling $1.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bridgewater Home Inc Bridgewater, VA—$1,001,094
Bridgewater HealthCare Inc Bridgewater, VA—$283,120
Bridgewater Village Inc Bridgewater, VA—$111,210
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$34,841,196$5,020,349$2,173,865$1,395,4243$3,783,424
2024$31,585,174$6,975,571$1,866,253$1,073,9093$4,982,380
2023$26,083,945$1,937,822$2,781,612$2,009,9043$707,837
2022$27,011,782$867,097$1,880,282$1,155,1513$-2,773,965
2021$27,798,168$5,081,410$1,845,490$1,276,7983$4,047,951
2020$24,176,353$3,114,436$2,595,052$2,111,3313$427,203
2019$24,384,701$1,922,931$2,575,105$2,045,9243$758,292

About Bridgewater HealthCare Foundation Inc

Based on IRS filings

Bridgewater HealthCare Foundation Inc is a public charity focused on Health, based in Bridgewater, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $34.8M in total assets. In 2025, it awarded 3 grants totaling $1.4M. Net investment income was $3.8M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Bridgewater HealthCare Foundation Inc is led by Rodney Alderfer, President & CEO on every filing since 2019; 2 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Rodney Alderfer

    President & CEO

    On filings since 2019

    No compensation reported

  • Janessa Baker

    Chairman

    Director → Vice Chairman, 2023

    Vice Chairman → Chairman, 2025

    On filings since 2021

    No compensation reported

  • Matt Robinson

    Director

    Vice Chairman → Chairman, 2023

    Chairman → Director, 2025

    On filings since 2020

    No compensation reported

  • Heather Barkey

    Director

    On filings since 2021

    No compensation reported

  • Robert Armbruster

    Director

    On filings since 2022

    No compensation reported

  • Beverly Eye

    Director

    On filings since 2023

    No compensation reported

  • Bill Blair

    Director

    On filings since 2023

    No compensation reported

  • Hattie Driver

    Director

    On filings since 2023

    No compensation reported

  • Ray Albers

    Director

    On filings since 2023

    No compensation reported

  • Rufus Huffman

    Director

    On filings since 2023

    No compensation reported

  • Cindy Moyers

    Director

    On filings since 2024

    No compensation reported

  • Beth Driver

    Director

    New on the 2025 filing

    No compensation reported

  • Erin Rinaca

    Director

    New on the 2025 filing

    No compensation reported

  • Tammy Jordan

    Secretary

    On filings since 2019

    40 hrs/week

    $47K (2019) → $59K (2025)

  • Carolyn Budd

    Vice President

    On filings since 2023

    40 hrs/week

    $107K (2023) → $119K (2025)

  • James Weaver

    Treasurer & CFO

    Treasurer → Treasurer & CFO, 2025

    On filings since 2019

    No compensation reported

  • Anita Beckman

    Vice Chairman

    Director → Vice Chairman, 2025

    On filings since 2024

    No compensation reported

Former officers (17)
  • Former: Theodore Flory (2019–2024) — Director
  • Former: Sally Jane Conner (2020–2024) — Director
  • Former: Stephan Hess (2022–2024) — Director
  • Former: Cindy Tusing (2019–2023) — Director
  • Former: Jerry Ruff (2021–2023) — Director
  • Former: Carrie Budd (2019–2022) — Vice President
  • Former: Connie Minnick (2019–2022) — Chairman
  • Former: Craig Landes (2019–2021) — Director
  • Former: Dean Withers (2019–2021) — Director
  • Former: Tom Mendez (2019–2021) — Director
  • Former: Erin Layman (2020–2021) — Director
  • Former: Kent Stoneburner (2020–2021) — Director
  • Former: Edgar Simmons (2019–2020) — Director
  • Former: Henry Hawkins (2019–2020) — Director
  • Former: Cathy Leitner (2019) — Director
  • Former: Seth Berkey (2019) — Director
  • Former: William Groseclose III (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Carolyn Budd — Vice President: $119KCarolyn BuddVice President$119KTammy Jordan — Secretary: $59KTammy JordanSecretary$59K

The highest reported compensation on the 2025 filing was $119K, to Carolyn Budd (Vice President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Bridgewater HealthCare Foundation Inc

How much does Bridgewater HealthCare Foundation Inc give each year?

Bridgewater HealthCare Foundation Inc gave $1.4M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 3 grants.

What is Bridgewater HealthCare Foundation Inc's typical grant size?

Bridgewater HealthCare Foundation Inc's median grant in 2025 was $283,120, and its average grant was $465,141, across 3 grants on its 2025 IRS Form 990.

Where does Bridgewater HealthCare Foundation Inc give grants?

Bridgewater HealthCare Foundation Inc gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Bridgewater, VA (3 grants).

How large is Bridgewater HealthCare Foundation Inc?

Bridgewater HealthCare Foundation Inc reported $34.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.0M.

What is Bridgewater HealthCare Foundation Inc?

Bridgewater HealthCare Foundation Inc is a public charity focused on Health, based in Bridgewater, VA. It holds $34.8M in total assets as of 2025.

What is Bridgewater HealthCare Foundation Inc's EIN?

Bridgewater HealthCare Foundation Inc's EIN (Employer Identification Number) is 52-1296840. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS August 11, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Bridgewater HealthCare Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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