Intermountain Healthcare Foundation Inc

Intermountain Healthcare Foundation Inc Overview

Intermountain Healthcare Foundation Inc is located in Salt Lake City, UT. The organization was established in 2009. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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 12/2019, Intermountain Healthcare Foundation Inc generated $107.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $35.8m during the year ending 12/2019. While expenses have increased by 19.0% per year over the past 5 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 2014, Intermountain Healthcare Foundation Inc has awarded 35 individual grants totaling $163,643,373. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE STRATEGIC AND FIDUCIARY LEADERSHIP FOR PHILANTHROPIC ENDEAVORS OF IHC HEALTH SERVICES, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INTERMOUNTAIN HEALTHCARE FOUNDATION, INC. ("FOUNDATION") SUPPORTED THE HEALTHCARE ACTIVITIES OF IHC HEALTH SERVICES, INC. ("HEALTH SERVICES") BY ENHANCING AND STRENGTHENING THE RELATIONSHIP BETWEEN THE FOUNDATION AND COMMUNITY LEADERS AND BY DEVELOPING FINANCIAL AND CHARITABLE SUPPORT.


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Intermountain Healthcare Foundation Inc Board, Officers & Key Employees

Intermountain Healthcare Foundation Inc Vendors

Vendor Name (Service)Compensation
Silchester International Investors Inc
Investment Management
$291,930
Ghiorsi & Sorrenti Inc
Fundraising Consultant
$482,527
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$57,795
Membership dues$0
Fundraising events$3,588,608
Related organizations$5,952,523
Government grants $43,599
All other contributions, gifts, grants, and similar amounts not included above$90,822,567
Noncash contributions included in lines 1a–1f $4,907,906
Total Revenue from Contributions, Gifts, Grants & Similar$100,465,092
Total Program Service Revenue$0
Investment income $5,472,524
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,546,610
Net Income from Fundraising Events -$961,193
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $107,523,033

Intermountain Healthcare Foundation Inc Grants Awarded

Over the last fiscal year, Intermountain Healthcare Foundation Inc has awarded $32,601,005 in support to 7 organizations.

Grant RecipientAmount

IHC HEALTH SERVICES INC

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: HOSPITAL SUPPORT

$30,756,730

UNIVERSITY OF UTAH

Org PageRecipient Profile

Salt Lake Cty, UT

PURPOSE: RESEARCH

$1,648,800

RONALD MCDONALD HOUSE CHARITIES OF THE INTERMOUNTAIN AREA INC

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SUPPORT COMMUNITY HEALTH

$112,975

ALABAMA CHILDREN'S HOSPITAL FOUNDATION

Org PageRecipient Profile

Birmingham, AL

PURPOSE: HCRN CLINSITE RESEARCH

$40,000

SEATTLE CHILDREN'S HOSPITAL

Org PageRecipient Profile

Seattle, WA

PURPOSE: HCRN CLINSITE RESEARCH

$30,000

WESTMINSTER COLLEGE

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: SCHOLARSHIP FUND

$6,500
View Grant Profile

Intermountain Healthcare Foundation Inc Grants Recieved

Over the last fiscal year, we have identified 5 grants that Intermountain Healthcare Foundation Inc has recieved totaling $669,039.

Awarding OrganizationAmount
Beesley Family Foundation

St George, UT

PURPOSE: MEDICAL

$420,067
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$219,722
Samuel C And Myra G Powell Foundation

Ogden, UT

PURPOSE: CRITICAL CAREGIVERS APPRECIATION SNACKS

$20,000
Raymond James Charitable Endowment Fund

St Petersburg, FL

PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT

$6,000
Hazel C Guss Foundation 2200926100

Las Vegas, NV

PURPOSE: GENERAL OPERATING

$3,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$233,226,280
Earnings$5,098,476
Net Contributions$95,736,228
Other Expense$34,215,007
Ending Balance$299,845,977

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