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.

For the year ending 06/2020, Cheshire Health Foundation generated $370.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $326.8k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (30.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

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:

Part 3 - Line 4a

THE CHESHIRE HEALTH FOUNDATION RAISES FUNDS TO SUPPORT THE HEALTH AND WELLNESS MISSION OF CHESHIRE MEDICAL CENTER. FOR FISCAL YEAR 2020, MEDICAL CENTER SENIOR LEADERS AND TRUSTEES COLLABORATED WITH FOUNDATION TRUSTEES TO DETERMINE THE STRATEGIC NEEDS FOR THE YEAR. TWO STRATEGIC PRIORITIES WERE DETERMINED: THE PURCHASE OF 17 DEFIBRILLATORS TO REPLACE OLDER, OUTDATED DEFIBRILLATORS LOCATED IN OUR HOSPITAL/ACUTE CARE SETTING, AND A PORTABLE, DIGITAL X-RAY MACHINE FOR USE IN THE INTENSIVE CARE UNIT, EMERGENCY DEPARTMENT AND SURGICAL SUITE. THIS X-RAY MACHINE ALSO REPLACED OLDER, OUTDATED EQUIPMENT. THE MAJORITY OF THE MONEY THAT THE FOUNDATION RAISED WENT FOR THE PURCHASE OF THESE PIECES OF TECHNOLOGY. OTHER FUNDS RAISED SUPPORTED THE NORRIS COTTON CANCER CENTER THROUGH THE PURCHASE OF EQUIPMENT SUCH AS ALL NEW INFUSION CHAIRS AS WELL AS ASSISTING PATIENTS FINANCIALLY WHO HAVE DIFFICULTY MEETING THEIR DAILY LIVING EXPENSES. THE FOUNDATION ALSO BROUGHT IN DONATIONS FOR THE PURCHASE OF A NEW BLADDER SCANNER FOR THE WOMEN'S HEALTH UNIT, AND SCHOLARSHIP FUNDS WERE INCREASED THROUGH DONATIONS TO THE CINDI COUGHLIN PROFESSIONAL NURSING SCHOLARSHIP FUND AND THE BEN TATRO MEMORIAL HEALTHCARE SCHOLARSHIP FUND. PLANNED GIFTS OVER THE YEARS HAVE CREATED SPECIFIC PURPOSE FUNDS AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS THAT SUPPORT PATIENT CARE AT CHESHIRE MEDICAL CENTER, INCLUDING PATIENT FINANCIAL ASSISTANCE, NURSING SCHOLARSHIPS AND THE SUPPORT OF POPULATION HEALTH AND THE HEALTHY MONADNOCK INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$99,471
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$23,038
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$122,509
Total Program Service Revenue$0
Investment income $165,625
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $68,081
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $8,581
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $370,492

Grants Awarded

Over the last fiscal year, Cheshire Health Foundation has awarded $16,584 in support to 3 organizations.

Grant RecipientAmount

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
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Cheshire Health Foundation has recieved totaling $76,947.

Awarding OrganizationAmount
Harry C Lichman Tua

Providence, RI

PURPOSE: UNRESTRICTED GENERAL

$38,402
Hoffman Family Foundation

Boston, MA

PURPOSE: GENERAL

$20,000
Tuw Harry C Lichman

Providence, RI

PURPOSE: UNRESTRICTED GENERAL

$18,545
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$22,396,539
Earnings$111,672
Net Contributions$10,538
Other Expense$924,046
Ending Balance$21,594,703

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