Mount Hood Medical Center Foundation
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- -$24.3k
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1981
- Data as of
- 03/2021
- EIN
- 93-0794951
Organization Overview
Mount Hood Medical Center Foundation is located in Portland, OR. The organization was established in 1981. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Hood Medical Center 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 03/2021, Mount Hood Medical Center Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.8% each year . All expenses for the organization totaled $342.0k during the year ending 03/2021. While expenses have increased by 7.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mount Hood Medical Center Foundation has awarded 16 individual grants totaling $1,144,913. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MOUNT HOOD MEDICAL CENTER FOUNDATION RAISES FUNDS TO SUPPORT AND ADVANCE THE PROGRAMS AND SERVICES OF LEGACY MOUNT HOOD MEDICAL CENTER, WITH THE GOAL OF IMPROVING THE HEALTH OF EAST MULTNOMAH COUNTY RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOUNT HOOD MEDICAL CENTER FOUNDATION RAISES FUNDS TO SUPPORT THE PROGRAMS AND SERVICES OF LEGACY MOUNT HOOD MEDICAL CENTER, AS IT MEETS THE NEEDS OF EAST MULTNOMAH COUNTY RESIDENTS.LEGACY MOUNT HOOD MEDICAL CENTER HAS SERVED GRESHAM AND THE EAST COUNTY SINCE 1912. AMONG THE HOSPITALS COMPREHENSIVE SERVICES ARE:* EMERGENCY AND INTENSIVE CARE* CARDIAC SERVICES* SURGERY AND MINIMALLY INVASIVE SURGERY* CANCER CARE AND RADIATION ONCOLOGY, INCLUDING THE BREAST HEALTH CENTER* FAMILY BIRTH CENTER* GASTROENTEROLOGY AND ENDOSCOPY SERVICESIN FISCAL YEAR 2021, PHILANTHROPIC CONTRIBUTIONS SUPPORTED PROGRAMS IN THESE PRIMARY AREAS:PATIENT CARE $311,657EDUCATION AND TRAINING $7,000COMMUNITY BENEFIT & OTHER PROGRAMS$33,139SOME OF THE SPECIFIC PROJECTS FUNDED IN THIS YEAR WERE AS FOLLOWS: PROVIDED FUNDING TO SUPPORT THE HOSPITALS COVID-19 PREPAREDNESS AND RESPONSE. PROVIDED CONTINUING EDUCATION SCHOLARSHIPS TO NURSES AND OTHER HEALTH PROFESSIONALS. PURCHASED AN UPPER BODY ERGOMETER EXERCISE MACHINE FOR CARDIAC AND PULMONARY REHABILITATION PATIENTS. PURCHASED COMPRESSION GARMENTS FOR LYMPHEDEMA PATIENTS TO PREVENT THE RETURN OF SWELLING, ALLOWING PATIENTS TO REGAIN USE OF THE AFFECTED EXTREMITY. PROVIDED EMERGENCY MEDICATIONS, DURABLE MEDICAL EQUIPMENT, AND OTHER HEALTH- RELATED SUPPLIES TO UNINSURED, UNDER-INSURED, AND LOW-INCOME PATIENTS. COLLABORATED WITH RIDE CONNECTION TO PROVIDE TRANSPORTATION FOR SENIORS, LOW- INCOME PATIENTS, AND PATIENTS WITH DISABILITIES TO MEDICAL APPOINTMENTS. SUPPORTED COMPLEMENTARY THERAPIES FOR CANCER PATIENTS INCLUDING NUTRITION EDUCATION, EXERCISE, ART THERAPY AND YOGA CLASSES. SUPPORTED CHILD PASSENGER SAFETY SEAT ACTIVITIES FOR THE COMMUNITY. SUPPORTED THE CARE AND MAINTENANCE OF THE HEALING GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen M Nichols Ex-Officio | Trustee | 1 | $0 |
Kathryn Panwala MD Former Trustee | 0 | $0 | |
Maureen A Bradley Ex-Officio | Trustee | 1 | $0 |
Anne T Greer Former Officer | 0 | $0 | |
J Michael Schultz Ex-Officio | OfficerTrustee | 12 | $0 |
Jennifer New Asst. Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,075 |
| Related organizations | $0 |
| Government grants | $5,215 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,639 |
| Total Program Service Revenue | $0 |
| Investment income | $72,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,104,368 |
| Net Income from Fundraising Events | $9,584 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,317,704 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $342,039 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $342,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | -$24,256 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,256 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Mount Hood Medical Center Foundation has awarded $340,981 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LEGACY GOOD SAMARITAN HOSPITAL & MED CTR | | | $14,148 |
LEGACY HEALTH | | | $43,063 |
LEGACY MT HOOD MEDICAL CENTER | | | $283,770 |