Providence Alaska Foundation

Organization Overview

Providence Alaska Foundation is located in Anchorage, AK. The organization was established in 1983. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Providence Alaska 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, Providence Alaska Foundation generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $12.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Providence Alaska Foundation has awarded 153 individual grants totaling $42,465,344. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 120,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 52 HOSPITALS, 1,085 CLINICS AND A COMPREHENSIVE RANGE OF SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:- PROVIDENCE ACROSS SEVEN WESTERN STATES- COVENANT HEALTH IN WEST TEXAS- PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA- HOAG MEMORIAL HOSPITAL PRESBYTERIAN IN ORANGE COUNTY, CA- KADLEC IN SOUTHEAST WASHINGTON- PACIFIC MEDICAL CENTERS IN SEATTLE, WA- SWEDISH HEALTH SERVICES IN SEATTLE, WA2021 WAS MARKED BY THREE MAJOR SURGES IN COVID-19 VOLUMES, A NATIONAL SHORTAGE OF HEALTH CARE PERSONNEL, AS WELL AS DEFERRALS OF NON-EMERGENT CARE. EVEN WITH THESE TREMENDOUS CHALLENGES, THE PROVIDENCE FAMILY OF ORGANIZATIONS CONTINUED TO INVEST IN OUR COMMUNITIES, GUIDED BY OUR STRATEGIC PLAN AND OUR COMMUNITY BENEFIT PRIORITIES.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORTENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSOVER THE LAST TWO YEARS, PROVIDENCE ADVANCED A SOCIAL RESPONSIBILITY FRAMEWORK THAT INCLUDES A STRONGER COMMITMENT TO DIVERSITY, EQUITY, INCLUSION, AND ENVIRONMENTAL STEWARDSHIP. WE UPDATED OUR INTEGRATED STRATEGIC & FINANCIAL PLAN TO MORE CLEARLY EXPRESS OUR COMMITMENT AND ACCELERATION OF THIS IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES IN THE COMMUNITIES WE SERVE. PROVIDENCE'S SOCIAL RESPONSIBILITY FRAMEWORK AIMS TO DEPLOY THE ASSETS OF OUR SYSTEM TO SUPPORT COMMUNITY HEALTH IMPROVEMENT, STRENGTHEN LOCAL ECONOMIES AND REDUCE OUR CARBON FOOTPRINT. IN 2021, OUR SUSTAINABLE AND INCLUSIVE PURCHASING PROGRAM COMMITTED TO INCREASE OUR SPEND WITH WOMEN AND MINORITY OWNED BUSINESS ENTERPRISES BY OVER $300 MILLION ACROSS THE NEXT FIVE YEARS. WE ALSO DEPLOY AN INVESTING PORTFOLIO WHICH INCLUDES SHAREHOLDER ADVOCACY, IMPACT INVESTING, AND SOCIALLY CONSCIOUS PORTFOLIO SCREENS. IN 2021, PROVIDENCE MADE PROGRESS TOWARDS ITS CLIMATE COMMITMENT TO BECOME CARBON NEGATIVE BY 2030. WE ARE IMPLEMENTING AN ENVIRONMENTAL STEWARDSHIP SYSTEM STRATEGY THAT ENCOURAGES WASTE REDUCTIONS, EFFICIENT ENERGY AND WATER USE, LOCAL AGRICULTURE PARTNERSHIPS, LESS TOXIC AND FEWER CHEMICAL USE, AND A REDUCTION IN CARBON FROM TRAVEL.REALIZING OUR MISSION:TO SUPPORT THE OVERALL MISSION OF PROVIDENCE, PROVIDENCE ALASKA FOUNDATION'S SPECIFIC VISION IS TO BE AN ACTIVE PHILANTHROPIC PARTNER FUNDING INNOVATIVE, SUSTAINABLE, AND COLLABORATIVE ADVANCEMENTS IN HEALTH INITIATIVES IN THE COMMUNITIES WE SERVE. THIS ACTIVITY IS DONE THROUGH PHILANTHROPIC EFFORTS WITH OUR COMMUNITY PARTNERS. IN 2021, GIFTS TO THE PROVIDENCE ALASKA FOUNDATION FUNDED VITAL PROGRAMS AND EQUIPMENT THROUGHOUT THE PROVIDENCE ALASKA REGION MEETING THE HEALTH CARE NEEDS OF ALASKANS AS THEY JOURNEY THROUGH LIFE. PROGRAM SERVICE ACCOMPLISHMENTS: THESE IMPORTANT SERVICES INCLUDE: * CONTINUED COVID RESPONSE & RECOVERY INITIATIVES * HEALTH EDUCATION FOR TOPICS SUCH AS: PARENTING, NEW FAMILIES, SAFE KIDS, TRAUMA RESPONSE FIRST-AID* FAMILY SUPPORT SERVICES FOR PEDIATRIC PATIENTS AND THEIR FAMILIES * CHARITY CARE * MEDICAL EQUIPMENT AND SUPPLIES * CONTINUING EDUCATION FOR CLINICAL STAFF * COMFORT CARE CARTS FOR CRITICAL OR END OF LIFE PATIENTS AND FAMILIES* BASIC NECESSITIES SUCH AS CLOTHING OR CARE ITEMS FOR SAFE PATIENT DISCHARGE * ALASKA CARES CHILD ADVOCACY CENTER OPERATIONS SUPPORT * BEHAVIORAL HEALTH PROGRAM SUPPORT FOR ALL AGES, BUT SPECIFIC FOCUS ON ADOLESCENTS * CAREGIVER EMERGENCY ASSISTANCE FOR EMPLOYEES EXPERIENCING A CRISIS AS APPROVED THROUGH SPIRITUAL CARE'S APPLICATION AND REVIEW AWARDING PROCESS


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Board, Officers & Key Employees

Name (title)Compensation
Denali Kemppel
Vice Chair
$0
Suzanne Carte-Cocroft
President
$0
Jason Criqui
Chair
$0
Mark Kneedler
Secretary
$0
Kate Slyker
Treasurer
$0
Preston Simmons
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$144,261
Related organizations$1,348,354
Government grants $2,008,217
All other contributions, gifts, grants, and similar amounts not included above$3,652,280
Noncash contributions included in lines 1a–1f $40,701
Total Revenue from Contributions, Gifts, Grants & Similar$7,153,112
Total Program Service Revenue$0
Investment income $1,290,427
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $494,663
Net Income from Fundraising Events -$10,049
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,928,783

Grants Awarded

Over the last fiscal year, Providence Alaska Foundation has awarded $9,508,412 in support to 6 organizations.

Grant RecipientAmount

PROVIDENCE HEALTH & SERVICES - WASHINGTON

Org PageRecipient Profile

Renton, WA

PURPOSE: OPERATIONAL SUPPORT

$8,158,412

CATHOLIC SOCIAL SERVICES

Org PageRecipient Profile

Anchorage, AK

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$925,000

ANCHORAGE COALITION TO END HOMELESSNESS

Org PageRecipient Profile

Anchorage, AK

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$300,000

ALASKA BLACK CAUCUS

Org PageRecipient Profile

Anchorage, AK

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$50,000

SALVATION ARMY ALASKA

Org PageRecipient Profile

Rch Palos Vrd, CA

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$37,500

Anchorage, AK

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$37,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Providence Alaska Foundation has recieved totaling $107,336.

Awarding OrganizationAmount
Providence Health & Services Washington

Renton, WA

PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT

$89,736
$17,250
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$350
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,468,057
Earnings$2,876,865
Net Contributions$204,292
Grants$328,854
Ending Balance$17,220,360

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