Group Health Foundation

Organization Overview

Group Health Foundation is located in Seattle, WA. The organization was established in 1984. 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. Group 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 12/2021, Group Health Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $310.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (32.8%) per year over the past 6 years. 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 AIMS TO TRANSFORM THE BALANCE OF POWER TO ENSURE EQUITY AND RACIAL JUSTICE ACROSS WASHINGTON AND BEYOND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GHF COMMUNITY FUND (PREVIOUSLY THE LONGSTANDING GROUP HEALTH FOUNDATION), WHICH WAS INCORPORATED ON NOVEMBER 18, 1983, IS A 501(C)(3) NONPROFIT CORPORATION THAT AIMS TO TRANSFORM THE BALANCE OF POWER TO ENSURE EQUITY AND RACIAL JUSTICE ACROSS WASHINGTON AND BEYOND. IN 2021, GHF COMMUNITY FUND BEGAN TO DETERMINE HOW PROGRAMS AND GRANTS WILL WORK PARALLEL WITH GROUP HEALTH FOUNDATION, THE SOLE CORPORATE MEMBER OF GHF COMMUNITY FUND.


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Board, Officers & Key Employees

Name (title)Compensation
Luz Vega-Marquis
Treasurer
$0
Katherine Bell
Chair
$0
Seth Kirby
Vice Chair
$0
Cory Sbarbaro
Executive Vice President
$0
Nichole Maher
President/ceo
$0
Carmen Loh
Finance/administration Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tolo Events Llc
Event Management
$102,410
Prr
Public Relations Consulting
$106,252
Westin
Event Services & Space
$155,647
View All Vendors

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$19,430
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,430
Total Program Service Revenue$0
Investment income $765,730
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $844,390
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,629,693

Grants Awarded

Over the last fiscal year, Group Health Foundation has awarded $3,678,322 in support to 16 organizations.

Grant RecipientAmount

KAISER PERMANENTE (KFHPW HOLDINGS)

Org PageRecipient Profile

Oakland, CA

PURPOSE: TRANSFER OF ENDOWED FUNDS TO NEW ENTITY AS PER TEDRA AGREEMENT

$2,187,259

SENIOR SERVICES FOR SOUTH SOUND

Org PageRecipient Profile

Olympia, WA

PURPOSE: ENDOWED FUNDS SUPPORTING EFFORTS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE AS THEY AGE.

$291,260

WASHINGTON STATE DEPARTMENT OF HEALTH

PURPOSE: IMMUNIZATION EFFORTS

$245,435

UNIVERSITY OF WASHINGTON FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: ENDOWED FUNDS SUPPORTING CAREERS AT UW SCHOOL OF PHARMACY

$167,608

SPOKANE REGIONAL HEALTH DISTRICT

PURPOSE: IIS UTILIZATION ENHANCEMENT

$127,500

WASHINGTON STATE MEDICAL ASSOCIATION FOUNDATION FOR HEALTH CARE

Org PageRecipient Profile

Seattle, WA

PURPOSE: ENDOWED FUNDS TO SUPPORT NEED-BASED SCHOLARSHIPS FOR STUDENTS TRAINING AS PHYSICIAN ASSISTANTS

$111,233
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Group Health Foundation has recieved totaling $200.

Awarding OrganizationAmount
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: POVERTY

$100
Shell Oil Company Foundation

Houston, TX

PURPOSE: MATCHING GIFTS EDUCATION/OTHER

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,323,397
Earnings$464,692
Admin Expense$46,617
Ending Balance$9,741,472

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