Good Samaritan Hospital Foundation Corvallis

Organization Overview

Good Samaritan Hospital Foundation Corvallis is located in Corvallis, OR. The organization was established in 1975. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Good Samaritan Hospital Foundation Corvallis 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 12/2021, Good Samaritan Hospital Foundation Corvallis generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Good Samaritan Hospital Foundation Corvallis has awarded 86 individual grants totaling $16,152,839. 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT GOOD SAMARITAN HOSPITAL, CORVALLIS AND SERVE THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO THE HOSPITAL AND SUPPORTING ORGANIZATIONS OR PROGRAMS FOR OPERATING AND CAPITAL COSTS.THERE WAS GRANT FUNDING FOR THE EXPANSION AND OPERATIONS OF THE MARIO PASTEGA GUEST HOUSE. THIS WILL ALLOW MORE INDIGENT FAMILIES TO STAY NEAR THE HOSPITAL WHEN THEY OR THEIR FAMILY MEMBERS ARE RECEIVING CARE AT THE HOSPITAL. PROGRAM GRANTS IN 2021 INCLUDED FUNDING FOR SEVERAL HOSPITAL PROGRAMS, AND FUNDING FOR RESEARCH GRANTS TO OREGON STATE UNIVERSITY AND THE HOSPITAL.SEE SCHEDULE I, PART II FOR A LISTING OF 2021 GRANTS.


PROVIDED EMERGENCY FINANCIAL ASSISTANCE TO HOSPITAL EMPLOYEES WHO ARE EXPERIENCING AN UNEXPECTED FINANCIAL NEED, THE CAUSE OF WHICH IS BEYOND THE EMPLOYEE'S CONTROL. ACCEPTABLE FUNDING REQUESTS MAY INCLUDE: EVICTION NOTIFICATION, UTILITY TURN-OFF NOTIFICATIONS, PAST DUE MEDICAL BILLS, AND UNEXPECTED/UNPLANNED EXPENSES. SEE SCHEDULE I, PART III.


PROVIDED ASSISTANCE TO HOSPITAL PATIENTS IN NEED. THIS ASSISTANCE IS SHOWN ON SCHEDULE I, PART III.


SCHOLARSHIPS PROVIDED FOR STUDENTS CURRENTLY PURSUING AN UNDERGRADUATE OR GRADUATE DEGREE IN HEALTH CARE RELATED FIELD. SCHOLARSHIPS ARE AVAILABLE TO INDIVIDUALS WITHOUT REGARD TO RACE, RELIGION, NATIONAL ORIGIN, GENDER, AGE, COLOR, DISABILITY, OR MARITAL STATUS. SPECIAL CONSIDERATION IS GIVEN TO APPLICANTS WHO ARE CURRENTLY EMPLOYED IN THE HEALTH CARE FIELD AND TO MEMBERS OR VETERANS OF THE U.S. MILITARY. SEE SCHEDULE I, PART III.


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Board, Officers & Key Employees

Name (title)Compensation
Madeleine Rudolph
Board President
$0
Kelly Gallagher
Board Vice President
$0
Stacie Wyss-Schoenborn
Board Secretary
$0
Greg Goracke
Board Past President
$0
Steve Uerlings
Board Treasurer
$0
Daniel Smith
SVP / CFO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$83,825
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,179,880
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,263,705
Total Program Service Revenue$0
Investment income $299,216
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,502,871
Net Income from Fundraising Events $3,751
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,069,543

Grants Awarded

Over the last fiscal year, Good Samaritan Hospital Foundation Corvallis has awarded $1,526,796 in support to 8 organizations.

Grant RecipientAmount

GOOD SAMARITAN HOSPITAL CORVALLIS

Org PageRecipient Profile

Corvallis, OR

PURPOSE: CONSTRUCTION - MARIO PASTEGA GUEST HOUSE

$1,213,422

GOOD SAMARITAN HOSPITAL CORVALLIS

Org PageRecipient Profile

Corvallis, OR

PURPOSE: GUEST HOUSE SUPPORT

$121,118

GOOD SAMARITAN HOSPITAL CORVALLIS

Org PageRecipient Profile

Corvallis, OR

PURPOSE: HOSPITAL OPERATION SUPPORT

$56,925

OREGON STATE UNIVERSITY

PURPOSE: RESEARCH

$49,632

GOOD SAMARITAN HOSPITAL CORVALLIS

Org PageRecipient Profile

Corvallis, OR

PURPOSE: TO PURCHASE HOSPITAL EQUIPMENT

$36,583

GOOD SAMARITAN HOSPITAL CORVALLIS

Org PageRecipient Profile

Corvallis, OR

PURPOSE: RESEARCH

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Good Samaritan Hospital Foundation Corvallis has recieved totaling $35,000.

Awarding OrganizationAmount
Benton Community Foundation

Corvallis, OR

PURPOSE: OPERATIONS

$25,000
Good Samaritan Hospital Auxiliary

Corvallis, OR

PURPOSE: SUPPORT FOR THE WOMEN'S CENTER

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,956,475
Earnings$784,703
Net Contributions$117,358
Grants$220,163
Ending Balance$8,638,373

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