Greater Fairbanks Community Hospital Foundation Inc

Organization Overview

Greater Fairbanks Community Hospital Foundation Inc is located in Fairbanks, AK. The organization was established in 1968. 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. Greater Fairbanks Community Hospital Foundation Inc 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, Greater Fairbanks Community Hospital Foundation Inc generated $49.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $33.0m during the year ending 12/2021. 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 GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TOENSURE THAT WE NEVER AGAIN FACE THE PROSPECT OF A COMMUNITY WITHOUT HEALTH CARE BY: 1) PROVIDING FIRST-CLASS MEDICAL FACILITIES AND TECHNOLOGY 2) OVERSEEING AN EXCELLENT OPERATOR 3) CREATING AN ENVIRONMENT THAT ATTRACTS QUALITY, CARING PHYSICIANS WHO WISH TO BE A PART OF THE COMMUNITY, AND 4) CREATING PARTNERSHIPS TO DELIVER QUALITY PATIENT CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OGFCHF BUILDS/LEASES MEDICAL FACILITIES TO SERVE THE INTERIOR ALASKA COMMUNITY (100,000 + PEOPLE). IT LEASES AN EQUIPPED HOSPITAL/LONG-TERM CARE FACILITY, IMAGING CENTER, CANCER TREATMENT CENTER, AND HEART CENTER TO FOUNDATION HEALTH LLC (A RELATED NON-PROFIT ORGANIZATION) AND LEASES OTHER MEDICAL OFFICE FACILITIES TO CLINICS AND INDIVIDUAL DOCTORS AS WELL AS FOUNDATION HEALTH. GFCHF'S DEVELOPMENT PROGRAM IS FOCUSED ON SOLICITING CONTRIBUTIONS, INCREASING AWARENESS OF THE ORGANIZATION, AND ENGAGING THE COMMUNITY IN GFCHF EVENTS. BEHAVIORAL HEALTH, CIRCLE OF HOPE (CANCER CENTER) AND FMH MEDICAL HOSPICE ARE THE MOST ACTIVE CURRENT CAMPAIGNS.


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Board, Officers & Key Employees

Name (title)Compensation
Ruth Wendler
CFO
$31,643
Jeff Cook
President
$0
William Vivlamore
Secretary
$0
Joe Faulhaber
Vice President
$0
Scott Bell
Treasurer
$0
Shelley Ebenal
Ed/ Gen Coun
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ghemm Company Inc
Construction
$1,216,293
Johnson River Enterprises
Construction
$345,343
Hvac Llc
Hvac Contractor
$304,403
Tci Construction Company Inc
Construction
$251,236
Nbbj
Architecture & Design
$218,194
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,413
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$615,601
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$619,014
Total Program Service Revenue$40,159,528
Investment income $5,438,197
Tax Exempt Bond Proceeds $157
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,151,697
Net Income from Fundraising Events $42,517
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,411,110

Grants Awarded

Over the last fiscal year, Greater Fairbanks Community Hospital Foundation Inc has awarded $52,239 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF ALASKA FOUNDATION

Org PageRecipient Profile

Anchorage, AK

PURPOSE: SCHOLARSHIPS

$25,000

FOUNDATION HEALTH LLC

Org PageRecipient Profile

Fairbanks, AK

PURPOSE: COMMUNITY EDUCATION

$17,239

ALL ALASKA PEDIATRIC PARTNERSHIP

Org PageRecipient Profile

Anchorage, AK

PURPOSE: RESEARCH PROJECT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Greater Fairbanks Community Hospital Foundation Inc has recieved totaling $39,875.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT

$17,492
Usibelli Foundation

Fairbanks, AK

PURPOSE: FOR HEALTH/SOCIAL SERVICES

$10,000
Rasmuson Foundation

Anchorage, AK

PURPOSE: BROOKE FISHER GIFT OF LIFE FUND

$5,000
Rasmuson Foundation

Anchorage, AK

PURPOSE: LACTATION ROOM

$5,000
Bill Stroecker Foundation

Fairbanks, AK

PURPOSE: RECIPIENT AUTHORIZED EXEMPT PURPOSES

$1,200
Rasmuson Foundation

Anchorage, AK

PURPOSE: HOSPICE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$238,869
Earnings$26,013
Ending Balance$264,882

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