Cheshire Health Foundation

Organization Overview

Cheshire Health Foundation is located in Keene, NH. The organization was established in 1944. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheshire Health Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Cheshire Health Foundation generated $12.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 45.6% each year . All expenses for the organization totaled $9.0m during the year ending 06/2021. While expenses have increased by 29.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Cheshire Health Foundation has awarded 12 individual grants totaling $1,341,643. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHESHIRE HEALTH FOUNDATION CULTIVATES AND STEWARDS CHARITABLE SUPPORT TO ADVANCE THE HEALTH AND WELLNESS MISSION OF CHESHIRE MEDICAL CENTER.

Describe the Organization's Program Activity:

THE CHESHIRE HEALTH FOUNDATION RAISES FUNDS TO SUPPORT THE HEALTH AND WELLNESS MISSION OF CHESHIRE MEDICAL CENTER. FOR FISCAL YEAR 2021, MEDICAL CENTER SENIOR LEADERS AND TRUSTEES COLLABORATED WITH FOUNDATION TRUSTEES TO DETERMINE STRATEGIC NEEDS FOR THE YEAR. OUR COVID-19 RESPONSE WAS THE MAIN STRATEGIC PRIORITY FOR FUNDING, AND DONATIONS PROVIDED SPECIALIZED EQUIPMENT FOR TREATING PATIENTS, PROTECTIVE GEAR FOR EMPLOYEES AND MUCH MORE - ALL OF WHICH KEPT PATIENTS WELL CARED FOR AND OUR STAFF AND PATIENTS SAFE. THE FOUNDATION ALSO BROUGHT IN GIFTS FOR A WIDE VARIETY OF SPECIALIZED EQUIPMENT INCLUDING TECHNOLOGY SUCH AS AN ANKLE DISTRACTOR FOR SURGICAL SERVICES, A VIDEO BORESCOPE FOR CENTRAL STERILE REPROCESSING, AN ACCU VEIN FINDER, AN ENDOSEE FOR WOMEN'S HEALTH, TWO UPRIGHT BIKES FOR CARDIO REHAB, AND A FEES (BEDSIDE SWALLOW EVALUATION) FOR FARNUM REHAB. ADDITIONALLY, A SCREENING BOOTH AND EQUIPMENT FOR THE AUDIOLOGY DEPARTMENT WAS FUNDED AS WELL AS TWO LACTATION PODS TO SUPPORT OUR BREASTFEEDING EMPLOYEES. SCHOLARSHIP FUNDS WERE INCREASED THROUGH DONATIONS TO THE CINDI COUGHLIN PROFESSIONAL NURSING SCHOLARSHIP FUND AND THE BEN TATRO MEMORIAL HEALTHCARE SCHOLARSHIP FUND, AND THE HELEN BRUECKNER BAUTE NURSING EXCELLENCE FUNDS WERE ESTABLISHED TO SUPPORT NURSING LEADERSHIP, PROFESSIONAL DEVELOPMENT AND EDUCATION. OTHER FUNDS RAISED SUPPORTED CHESHIRE'S NORRIS COTTON CANCER CENTER THROUGH EQUIPMENT AND PROGRAM NEEDS AND ASSISTING PATIENTS FINANCIALLY WHO HAVE DIFFICULTY MEETING THEIR DAILY LIVING EXPENSES. IN ADDITION, CHARITABLE SUPPORT HELPED CHESHIRE PURCHASE THE WEST CAMPUS BUILDING THAT WILL HOUSE THE NEW FAMILY MEDICINE RESIDENCY PROGRAM. PLANNED GIFTS OVER THE YEARS HAVE CREATED SPECIFIC PURPOSE FUNDS AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS THAT SUPPORT PATIENT CARE, INCLUDING PATIENT FINANCIAL ASSISTANCE, AND NURSING SCHOLARSHIPS AND PROFESSIONAL DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee (eff. 1/1/21) / Physician
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$112,450
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$10,634,623
Noncash contributions included in lines 1a–1f $51,111
Total Revenue from Contributions, Gifts, Grants & Similar$10,747,073
Total Program Service Revenue$0
Investment income $1,490,785
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $69,880
Net Gain/Loss on Asset Sales -$423
Net Income from Fundraising Events -$748
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,306,567

Grants Awarded

Over the last fiscal year, Cheshire Health Foundation has awarded $33,168 in support to 6 organizations.

Grant RecipientAmount

HOME HEALTH HOSPICE & COMMUNITY SERVICE

Org PageRecipient Profile

Merrimack, NH

PURPOSE: Program Support

$5,528

TAKODAH YMCA (AKA CHESHIRE COUNTY YMCA)

Org PageRecipient Profile

North Swanzey, NH

PURPOSE: Program Support

$5,528

HOME HEALTH HOSPICE & COMMUNITY SERVICE

Org PageRecipient Profile

Merrimack, NH

PURPOSE: Program Support

$5,528

CENTRE CONGREGATIONAL CHURCH

Org PageRecipient Profile

Brattleboro, VT

PURPOSE: Program Support

$5,528

TAKODAH YMCA (AKA CHESHIRE COUNTY YMCA)

Org PageRecipient Profile

North Swanzey, NH

PURPOSE: Program Support

$5,528

CENTRE CONGREGATIONAL CHURCH

Org PageRecipient Profile

Brattleboro, VT

PURPOSE: Program Support

$5,528
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Cheshire Health Foundation has recieved totaling $73,638.

Awarding OrganizationAmount
Harry C Lichman Tua

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$46,927
Tuw Harry C Lichman

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$24,044
National Grange Mutual Charitable Foundation

Keene, NH

PURPOSE: UNRESTRICTED

$2,667
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$21,594,703
Earnings$4,806,606
Net Contributions$2,020,506
Other Expense$763,071
Ending Balance$27,658,744

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