Kadlec Foundation
- Assets
- $39.0m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Richland, WA
- Founding
- 02/1969
- Data as of
- 12/2021
- EIN
- 23-7005501
Organization Overview
Kadlec Foundation is located in Richland, WA. The organization was established in 1969. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Kadlec 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, Kadlec Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 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 2014, Kadlec Foundation has awarded 21 individual grants totaling $3,487,369. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT KADLEC REGIONAL MEDICAL CENTER IN RICHLAND, WA.
Describe the Organization's Program Activity:
SEE SCHEDULE O.PROGRAM SERVICE ACCOMPLISHMENTS IN 2022, KADLEC FOUNDATION'S PROGRAM ACCOMPLISHMENTS INCLUDED: - 85 OF OUR FELLOW CAREGIVERS WERE ABLE TO ACCESS EMERGENCY CASH ASSISTANCE THROUGH OUR CARING-CO WORKER FUND, FUNDED BY CAREGIVERS, FOR CAREGIVERS. WITH A TOTAL OF $59,155.00- IN AGREEMENT WITH WSU FOUNDATION, KADLEC FOUNDATION WAS ABLE TO PROVIDE $27,500.00 IN FUNDS FOR WSU TO CREATE AN ENDOWED SCHOLARSHIP BENEFITING NURSING STUDENTS. THE ENDOWED SCHOLARSHIP IS CALLED THE YANELY MENDOZA ENDOWED SCHOLARSHIP. AS SHE TRAGICALLY PASSED AWAY A DAY BEFORE BEGINNING HER NURSING CAREER. - KADLEC FOUNDATION AWARDED 56 SCHOLARSHIPS IN THE AMOUNT OF $90,940.00 FOR STUDENTS PURSING HEALTHCARE DEGREES AT CBC AND WSU TRI-CITIES. - 78 IN AND OUT-PATIENTS ACCESSED ASSISTANCE FOR HOTEL STAYS, FUEL VOUCHERS, TRANSPORTATION, NON-REIMBURSABLE MEDICAL EQUIPMENT, THERAPY SERVICES, AND OTHER NEEDS THROUGH OUR GOOD SAMARITAN FUND. WITH A COMBINED TOTAL OF $4,349.84.- A NEW FAMILY WAS PROVIDED A BABY CRIB, MATTRESS, DIAPERS, AND BABY WIPES FOR THEIR NEWBORN BABY, WITH A TOTAL OF $282.67 IN GOOD SAMARITAN FUNDS. - AN ESTIMATED 2,000 PEOPLE BENEFITTED IN THE POPULATION HEALTH PROGRAM, FUNDED BY KADLEC FOUNDATION. THE POPULATION HEALTH PROGRAM HELPS THE POOR & VULNERABLE WITH SOCIAL SUPPORT, ALONG WITH COMMUNITY OUTREACH, EDUCATIONAL EVENTS AND COMMUNITY PARTNERSHIPS. THE KADLEC FOUNDATION PROVIDED $30,386.03 IN FUNDS. - 5,043 SENIORS PARTICIPATED IN OUR HEALTHY AGES PROGRAMS INCLUDING MEDICARE ENROLLMENT ASSISTANCE, SUPPORT GROUPS, AND MALL WALKERS, WELLNESS PROGRAM, AND AMONG OTHER PROGRAMS. - AMONG 500-600 PEOPLE PARTICIPATED IN THE MENTAL HEALTH AND SUICIDE AWARENESS AND PREVENTION PROGRAMS TO INCLUDE ADULT AND YOUTH MENTAL HEALTH FIRST AID, QPR (QUESTION, PERSUADE, REFER), AND OTHERS, USING COMMUNITY HEALTH FUNDS. - AMONG 300-400 PEOPLE PARTICIPATED IN EDUCATIONAL PROGRAMS ADDRESSING PREVENTION, CHRONIC HEALTH CONDITIONS AND CAREGIVING. PROGRAMS INCLUDE CHRONIC ILLNESSES, NEUROLOGICAL DISORDERS, CAREGIVING, CATCH (COORDINATED APPROACH TO CHILD HEALTH) AND OTHER PROGRAMS TO ADDRESS NUTRITION, OBESITY, AND MAINTAINING HEALTHY WEIGHT THROUGH THE COMMUNITY HEALTH FUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Hall Chief Philanthropy Officer | Officer | 50 | $0 |
Lindsey Oldridge Frmr Off. - Dir Philanthropy | 0 | $0 | |
Molly Calhoun Trustee | Trustee | 0.5 | $0 |
Alma Feil Trustee | Trustee | 0.5 | $0 |
April Connors Trustee | Trustee | 0.5 | $0 |
Barbara French Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,960,322 |
| Investment income | $607,979 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,956,513 |
| Net Income from Fundraising Events | $32,154 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,556,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $111,742 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $533,760 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $279 |
| Payroll taxes | $38,853 |
| 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 | $82,468 |
| Fees for services: Other | $108,781 |
| Advertising and promotion | $14,863 |
| Office expenses | $7,472 |
| Information technology | $150 |
| Royalties | $0 |
| Occupancy | $44,441 |
| Travel | $275 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,546,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $4,398,649 |
| Pledges and grants receivable | $394,425 |
| 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 | $193 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $32,235,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,957,681 |
| Total assets | $38,986,212 |
| Accounts payable and accrued expenses | -$741 |
| 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 | $12,263 |
| Total liabilities | $11,522 |
| Net assets without donor restrictions | $30,497,118 |
| Net assets with donor restrictions | $8,477,572 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $38,974,690 |
Grants Awarded
Over the last fiscal year, Kadlec Foundation has awarded $573,353 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
KADLEC REGIONAL MEDICAL CENTER PURPOSE: OPERATIONAL SUPPORT | $263,466 |
WASHINGTON STATE UNIVERSITY - KMET PURPOSE: OPERATIONAL SUPPORT | $264,887 |
FRIENDS OF BADGER MOUNTAIN PURPOSE: OPERATIONS SUPPORT | $25,000 |
TRI-CITY UNION GOSPEL MISSION PURPOSE: OPERATIONS SUPPORT | $20,000 |