Peacehealth Southwest Medical Center Foundation

Organization Overview

Peacehealth Southwest Medical Center Foundation is located in Vancouver, WA. The organization was established in 1984. 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. Peacehealth Southwest Medical Center 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, Peacehealth Southwest Medical Center Foundation generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $5.1m during the year ending 06/2021. While expenses have increased by 3.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION RAISES FUNDS TO SUPPORT THE PEACEHEALTH SOUTHWEST MEDICAL CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PEACEHEALTH SOUTHWEST MEDICAL CENTER FOUNDATION SUPPORTS PEACEHEALTH SOUTHWEST MEDICAL CENTER BY SOLICITING CONTRIBUTIONS IN SUPPORT OF THE MEDICAL CENTER'S OPERATIONS. PEACEHEALTH SOUTHWEST MEDICAL CENTER IS A HOSPITAL OWNED AND OPERATED BY PEACEHEALTH (EIN: 91-0939479) WHICH IS AN EXEMPT ORGANIZATION PURSUANT TO IRC 501(C)(3).


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Board, Officers & Key Employees

Name (title)Compensation
Candace Young PHD
Vice President
$0
Janis Wyatt
Secretary/treasurer
$0
Ray Maly
Director
$0
Ron Prill
President
$0
Karen Santangelo
Executive Director
$0
Albert Angelo III
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,996,311
Noncash contributions included in lines 1a–1f $324,940
Total Revenue from Contributions, Gifts, Grants & Similar$5,996,311
Total Program Service Revenue$0
Investment income $1,417,183
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $315
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,442,904

Grants Awarded

Over the last fiscal year, Peacehealth Southwest Medical Center Foundation has awarded $139,163 in support to 2 organizations.

Grant RecipientAmount

Vancouver, WA

PURPOSE: HOSPITAL OPERATING ACTIVITIES

$121,261

SOUTHWEST WASHINGTON CHILD CARE CONSORTIUM

PURPOSE: SCHOLARSHIPS & DEVELOPMENT

$17,902
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Peacehealth Southwest Medical Center Foundation has recieved totaling $337,920.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$250,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$25,550
Group Health Foumdaiton

Seattle, WA

PURPOSE: PROJECT SUPPORT FOR PATRICIA NIERENBERG ENDOWMENT

$25,000
Ada And Everett Johnson Charitable Tr

Vancouver, WA

PURPOSE: PROGRAM SUPPORT

$10,078
Oregon Community Foundation

Portland, OR

PURPOSE: Physical Health

$8,000
American Gift Fund

Wilmington, DE

PURPOSE: OPERATIONS

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,549,608
Earnings$3,098,072
Net Contributions$252,064
Other Expense$180,487
Ending Balance$18,719,257

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