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. As of 12/2019, Greater Fairbanks Community Hospital Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Greater Fairbanks Community Hospital Foundation Inc generated $47.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $35.5m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE GREATER FAIRBANKS COMMUNITY HOSPITAL FOUNDATION WAS ESTABLISHED TO ENSURE 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

GFCHF 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 OPERATES LIFELINE, AN IN-HOME EMERGENCY RESPONSE AND SUPPORT SERVICE AND A GIFT SHOP WHICH PROVIDES ON-SITE ACCESS TO SUPPLIES AND OTHER CONVENIENCES TO PATIENTS, VISITORS TO PATIENTS AND EMPLOYEES OF THE HOSPITAL. 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
Jeff Cook
President
$0
Gary Roderick
Treasurer
$0
Joe Faulhaber
1st Vice Pre
$0
William Vivlamore
Secretary
$0
Scott Bell
Treasurer
$0
Shelley Ebenal
Ed/ Gen Coun
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Johnson River Enterprises
Construction
$5,406,949
Hvac Llc
Construction
$410,091
Bettisworth North Architects And Planners
Architect
$623,383
Mufg Bank Ltd
Finance
$851,254
Blake Llc
Construction
$766,084
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$376,105
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,097,451
Noncash contributions included in lines 1a–1f $212,573
Total Revenue from Contributions, Gifts, Grants & Similar$1,473,556
Total Program Service Revenue$40,471,052
Investment income $5,303,128
Tax Exempt Bond Proceeds $6,561
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $614,445
Net Income from Fundraising Events -$90,913
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $94,763
Miscellaneous Revenue$0
Total Revenue $47,872,592

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

Fairbanks, 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 4 grants that Greater Fairbanks Community Hospital Foundation Inc has recieved totaling $31,795.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT.

$16,930
Charities Aid Foundation America

Alexandria, VA

PURPOSE: Charitable Donation

$7,865
Elaine And Vincent Bell Foundation

Seattle, WA

PURPOSE: GENERAL PROGRAM SUPPORT

$5,000
Rasmuson Foundation

Anchorage, AK

PURPOSE: GENERAL SUPPORT

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$268,164
Earnings$4,548
Ending Balance$272,712

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