St Elizabeth Medical Center Inc is a 501(c)(3) nonprofit healthcare organization based in Edgewood, Kentucky. One of the oldest and largest medical providers in the Greater Cincinnati region, the organization has operated for more than 150 years since its founding in 1861. St Elizabeth Healthcare operates six hospital facilities throughout Northern Kentucky and Southeast Indiana: St. Elizabeth Covington, St. Elizabeth Edgewood, St. Elizabeth Florence, St. Elizabeth Ft. Thomas, St. Elizabeth Grant, and St. Elizabeth Dearborn.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4B
+5.9% YoY
Annual Giving
$9.1M
-6.8% YoY
Grant Count
97
-2.0% YoY
Avg Grant Size
$94K
-4.9% YoY
Mission & Focus Areas
The mission of St. Elizabeth Foundation is to inspire and connect the community with St. Elizabeth programs and projects dedicated to improving the health of families, friends, and neighbors across Northern Kentucky, Southwestern Ohio, and Southeastern Indiana.
The organization focuses on providing innovative treatment options and healthcare services. Recent expansions include the Florence Wormald Heart & Vascular Institute and the St. Elizabeth Cancer Center. The organization also prioritizes substance use disorder treatment and employment resources, as well as telehealth initiatives.
Grantmaking
St. Elizabeth Foundation has a legacy of community support, having surpassed $100 million in donations over three decades. The foundation accepts charitable gifts and offers multiple giving options structured by donation amount:
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Geographic Focus
Where this funder awards grants
St. Elizabeth Healthcare serves Northern Kentucky, Southwestern Ohio, and Southeastern Indiana through its six hospital facilities in the region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $3.37 billion
- Annual Revenue: $2.19 billion
- Total Expenses: $1.99 billion
- Total Liabilities: $840 million
- Number of Employees: 10,327
Tax Status: Tax-exempt since March 1946 (EIN: 61-0445850)
Rating: Three-Star rating with an 85% score based on accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,365,327,819 | $3,176,981,553 | $2,859,763,977 |
| Revenue | $2,186,211,019 | $1,922,662,621 | $1,768,641,880 |
| Expenses | $1,993,136,014 | $1,809,081,056 | $1,679,838,036 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $103,782,818 | $5,176,640 | $54,295,224 |
| 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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
St. Elizabeth Foundation Staff:
- Carri Chandler, Vice President
- Ami Brown, M.Ed., CFRE, Assistant Vice President
- Jennifer Decker, Foundation Database Coordinator
- Terry Foster, RN, Foundation Ambassador
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Garren Colvin | PRESIDENT/CEO | 50 | $1,657,850 |
| AJ Schaeffer | TRUSTEE | 4 | — |
| Bob Stevens | TRUSTEE/CHAIR | 4 | — |
| Debbie Simpson | TRUSTEE | 4 | $3,000 |
| Donald Price MD | TRUSTEE | 4 | — |
| Jackie Sweeney MD | TRUSTEE | 4 | $648 |
| Jason Jackman | TRUSTEE | 4 | — |
| Jeanne Schroer | TRUSTEE | 4 | — |
| Joe Koester | TRUSTEE | 4 | $734 |
| John Hawkins | TRUSTEE | 4 | — |
| Kris Knochelmann | TRUSTEE | 4 | — |
| Kristi Nelson | TRUSTEE/CHAIR-ELECT | 4 | $27,796 |
| Marsha Ladenburger | TRUSTEE | 4 | — |
| Michael Jones MD | TRUSTEE | 4 | — |
| Robert Moorhead | TRUSTEE | 4 | — |
| Sylvia Buxton | TRUSTEE | 4 | — |
| Lisa Frey | EXECUTIVE VP LEGAL SERVICES/GENERAL COUNSEL/CORPORATE SECRETARY | 50 | $704,957 |
| Lori Ritchey-Baldwin | EXECUTIVE VP/CFO/TREASURER | 50 | $826,289 |
| Vera Hall | EXECUTIVE VICE PRESIDENT & COO | 50 | $547,148 |
| Bruce Henley | SEP CFO/TREASURER | 15 | $368,866 |
| Bruno Giacomuzzi | COO FLO FT COV & SVP PROF SVCS | 50 | $280,502 |
| Gene Barber | SENIOR VP FACILITIES | 50 | $469,593 |
| Harry Watson | SENIOR VP FACILITIES | 50 | $253,822 |
| Heidi Murley MD | SEP PRESIDENT/CEO | 25 | $805,218 |
| Jacob Bast | SEP SENIOR VP/COO | 15 | $594,321 |
| James Horn MD | EXECUTIVE VP & CHIEF CLINICAL OFFICER | 50 | $534,114 |
| Julie McGregor | SENIOR VP HUMAN RESOURCES | 50 | $628,277 |
| Kathy Jennings | SVP PATIENT CARE/ONCOLOGY | 50 | $304,600 |
| Kevin Gessner | SVP SITE ADMINISTRATOR FTT COV & HVI | 50 | $309,005 |
| LaRoy Kendall MD | SENIOR VP CHIEF MEDICAL OFFICER | 50 | $574,256 |
| Latonya Brown-Puryear MD | VP CHIEF QUALITY OFFICER | 50 | $406,134 |
| Sarah Giolando | SVP/CHIEF STRATEGY OFFICER THRU 11/21/2024 | 50 | $634,241 |
| Mario Castillo-Sang MD | PHYSICIAN | 50 | $1,311,962 |
| Mark Jordan | PHYSICIAN | 50 | $1,074,480 |
| Saadeddine Dughman MD | PHYSICIAN | 50 | $1,057,366 |
| Saeb Khoury MD | PHYSICIAN | 50 | $1,068,633 |
| Stephen Schutzman MD | PHYSICIAN | 50 | $1,111,290 |
Recent News & Activity
Recent developments and announcements
St. Elizabeth Healthcare has received federal funding for several initiatives:
St. Elizabeth Healthcare Receives Grant to Connect People with SubstanceReceived a grant to connect people with substance use disorder to employment resources
St. Elizabeth Healthcare Receives Grant to Connect People with SubstanceReceived nearly $400,000 in federal funds to combat substance abuse
St. Elizabeth Medical Center to receive nearly $400k in federal funds toReceived nearly $950,000 from the FCC for telehealth efforts
FCC Awards Nearly $950,000 to St. Elizabeth for Telehealth EffortsReceived a $1.5 million combined gift for substance abuse programming
St. Elizabeth Healthcare - St. Elizabeth Receives $1.5 Million Combined GiftContact Information
St. Elizabeth Foundation
- Phone: (859) 301-3920
- Email: [email protected]
- Mailing Address: 1 Medical Village Drive, Edgewood, KY 41017
- Website: www.stelizabeth.com
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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