Hospital Development Foundation Inc
Baxter health foundation is the fundraising arm for baxter health. The foundation's ongoing funding provides financial support for the latest medical technology, facility upgrades, healthcare scholarships, and the community health education and support houses. Baxter health foundation is devoted to the healthcare needs of our community.
Hospital Development Foundation Inc at a glance
In short: Hospital Development Foundation Inc gave $2.3M across 2 grants in 2024 (avg $1.2M), mostly in Arkansas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,341,111
- +25.6% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $1,170,556
- +88.4% vs 2023
- Median grant
- $1,170,556
- Total assets
- $22,469,054
- +9.6% vs 2023
- Primary geography
- Arkansas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Hospital Development Foundation Inc
Open Grants
1 open opportunity from Hospital Development Foundation Inc
Who Hospital Development Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Baxter County Regional Hospital Inc ($2.3M). Together the top 2 received $2.3M.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 5 grants of 11 (45%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Hospital Development Foundation Inc gives
- Giving grew 45% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $742K (2020) to $2.3M (2024). In 2024 it made 2 grants totaling $2.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baxter County Regional Hospital Inc Mountain Home, AR | General Support | $2,330,438 |
| Hospice of the Ozarks Inc Mountain home, AR | General Support | $10,673 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $22,469,054 | $3,919,718 | $3,335,276 | $2,341,111 | 2 | $956,441 |
| 2023 | $20,500,581 | $3,121,859 | $3,130,176 | $1,863,460 | 3 | $606,657 |
| 2022 | $19,155,779 | $3,098,337 | $3,657,794 | $2,333,259 | 3 | $791,899 |
| 2021 | $20,720,132 | $3,724,734 | $2,360,850 | $1,612,598 | 1 | $1,143,485 |
| 2020 | $18,487,257 | $2,257,674 | $1,553,831 | $742,225 | 2 | $71,873 |
About Hospital Development Foundation Inc
Based on IRS filings
Hospital Development Foundation Inc is a public charity, based in Mountain Home, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.5M in total assets. In 2024, it awarded 2 grants totaling $2.3M. Net investment income was $956K.
Leadership & Key People
Officers and directors from IRS filings
Hospital Development Foundation Inc is led by Sarah Edwards - See Statement, Executive Director since 2024 (on filings since 2023); none of the 22 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sarah Edwards - See Statement
Executive Director
Executive Director Since → Executive Director, 2024
On filings since 2023
50 hrs/week
No compensation reported
Sandy Irby
Board Chairman
Board Member → Board Chariman, 2022
Board Chariman → Board Chairman, 2023
On filings since 2020
5 hrs/week
No compensation reported
April Rosa
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Heather Loftis
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Jackson Rhoades
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Jodie Elizabeth Jeffrey
Board Secretary
On filings since 2020
5 hrs/week
No compensation reported
John Dyess
Board Member
On filings since 2020
5 hrs/week
No compensation reported
John Neis
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Judy Loving
Board Vice Chairman
Board Member → Board Vice Chairman, 2022
On filings since 2020
5 hrs/week
No compensation reported
Katie King Risk
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Matthew Taylor
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Randall Drake
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Robert Clarke
Board Member
Treasurer → Board Member, 2022
On filings since 2020
5 hrs/week
No compensation reported
Steve Litty
Board Treasurer
Board Member → Board Treasurer, 2022
On filings since 2020
5 hrs/week
No compensation reported
Tim Paden
Board Member
On filings since 2020
5 hrs/week
No compensation reported
Travis Doshier
Board Member
Board Member → Board Chairman, 2021
Board Chairman → Board Member, 2022
On filings since 2020
5 hrs/week
No compensation reported
Grace Crownover
Board Member
On filings since 2021
5 hrs/week
No compensation reported
Billy Thompson
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Cynthia Dover
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Eric Lunnen
Board Member
On filings since 2023
5 hrs/week
No compensation reported
Debbie Hess
Board Member
New on the 2024 filing
5 hrs/week
No compensation reported
Jason Lindsay - See Statement
Board Member
New on the 2024 filing
5 hrs/week
No compensation reported
Former officers (13)
- Former: Jay Wescoat (2020–2023) — Board Member
- Former: Peter Peitz (2020–2023) — Board Member
- Former: Joan Young (2022–2023) — Board Member
- Former: Leonard B. Larry - See Statement (2023) — Executive Director
- Former: Matthew Taylor AuD (2023) — Board Member
- Former: Elka King (2020–2022) — Board Member
- Former: Nell Ponder (2020–2022) — Board Member
- Former: Jake Long EdD (2021–2022) — Board Member
- Former: L. Larry - See Sch O. (2021–2022) — Executive Director
- Former: Jim Whalen (2020–2021) — Board Member
- Former: Mike Kelly (2020–2021) — Board Member
- Former: Adrienne Blackwell (2020) — Vice Chairman
- Former: Leonard Larry (2020) — Executive Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hospital Development Foundation Inc
How much does Hospital Development Foundation Inc give each year?
Hospital Development Foundation Inc gave $2.3M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.9M across 3 grants.
How large is Hospital Development Foundation Inc?
Hospital Development Foundation Inc reported $22.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.9M.
Where does Hospital Development Foundation Inc operate?
Hospital Development Foundation Inc has awarded grants in Arkansas.
What is Hospital Development Foundation Inc's EIN?
Hospital Development Foundation Inc's EIN (Employer Identification Number) is 58-1805265. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Hospital Development Foundation Inc down — hundreds of funders to go?