Virginia Garcia Memorial Foundation

Organization Overview

Virginia Garcia Memorial Foundation is located in Aloha, OR. The organization was established in 2001. 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. Virginia Garcia Memorial 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 03/2022, Virginia Garcia Memorial Foundation generated $2.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $2.3m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES OPERATING SUPPORT TO VIRGINIA GARCIA MEMORIAL (SEE SCHEDULE O)THE FOUNDATION PROVIDES OPERATING SUPPORT TO VIRGINIA GARCIA MEMORIAL HEALTH CENTER, A 501(C)(3) ORGANIZATION, TO ENABLE THE CENTER TO ENHANCE AND EXPAND ITS PROGRAM SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION RAISES FUNDS FROM FAMILY, CORPORATE, PRIVATE AND COMMUNITY FOUNDATIONS; AS WELL AS INDIVIDUALS AND CORPORATIONS. THE FOUNDATION ALSO WRITES FEDERAL, STATE AND COUNTY GRANTS FOR THE CENTER, ALTHOUGH MANY TIMES THIS FUNDING FLOWS THROUGH THE CENTER AS A RESULT OF ITS FQHC STATUS. THE FOUNDATION BENEFITS FROM TWO MAJOR FUNDRAISING EVENTS PER YEAR. SERVING AS THE COMMUNITY RELATIONS ARM OF THE CENTER, FOUNDATION STAFF REGULARLY ATTEND COMMUNITY EVENTS, MEET WITH COMMUNITY PARTNERS AND PROVIDE EDUCATION TO CORPORATIONS' EMPLOYEES ON THE CENTER'S PROGRAMS. THE FOUNDATION PRODUCES ALL OF ITS MARKETING MATERIALS, IN PARTNERSHIP WITH THE CENTER, FOR THE PURPOSE OF FUNDRAISING AND ALL RELATED ACTIVITIES. THE FOUNDATION HOLDS THREE MAJOR COMMUNITY RELATIONS EVENTS PER YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Serena Cruz
Director
$0
Stefanny Caballero
Executive Director
$0
Gil Munoz
CEO
$0
Anita Jackson
Vice Chair
$0
Katie O'neill
Secretary
$0
Lina Garcia Seabold
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$264,490
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,068,772
Noncash contributions included in lines 1a–1f $82,291
Total Revenue from Contributions, Gifts, Grants & Similar$2,333,262
Total Program Service Revenue$0
Investment income $172,824
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,428
Net Income from Fundraising Events $152,685
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,665,199

Grants Recieved

Over the last fiscal year, we have identified 20 grants that Virginia Garcia Memorial Foundation has recieved totaling $696,138.

Awarding OrganizationAmount
Providence Health & Services Oregon

Renton, WA

PURPOSE: SPONSORSHIP

$178,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$100,000
Oregon Primary Care Association

Portland, OR

PURPOSE: COVID RELIEF SUPPORT

$100,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50,000
Oregon Community Foundation

Portland, OR

PURPOSE: Physical Health

$42,800
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$40,088
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$196,028
Earnings$31,822
Net Contributions$300
Other Expense$13,694
Ending Balance$214,456

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