Kadlec Foundation
- Assets
- $39.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Richland, WA
- Founding
- 02/1969
- Data as of
- 12/2020
- 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 12/2020, Kadlec Foundation generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $2.1m during the year ending 12/2020. While expenses have increased by 24.6% 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 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT KADLEC REGIONAL MEDICAL CENTER IN RICHLAND, WA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.PROGRAM SERVICE ACCOMPLISHMENTS IN 2021, KADLEC FOUNDATION'S PROGRAM ACCOMPLISHMENTS INCLUDE:-84 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.-504 WOMEN WERE ABLE TO RECEIVE ACCESS TO DIAGNOSTIC MAMMOGRAMS AT NO COST WHO OTHERWISE WOULD HAVE GONE WITHOUT, THROUGH OUR MAMMOGRAPHY ASSISTANCE FUND.-40 OF OUR FELLOW CAREGIVERS WERE ABLE ACCESS EMERGENCY CASH ASSISTANCE THROUGH OUR CARING CO-WORKER FUND, FUNDED BY CAREGIVERS, FOR CAREGIVERS-WE AWARDED 41 SCHOLARSHIPS IN THE AMOUNT OF $91,315 FOR STUDENTS PURSUING HEALTHCARE DEGREES AT CBC AND WSU TRI-CITIES.-3,496 SENIORS PARTICIPATED IN OUR HEALTHY AGES PROGRAMS INCLUDING MEDICARE ENROLLMENT ASSISTANCE, SUPPORT GROUPS, AND MALL WALKERS, AMONG OTHER PROGRAMS.-OTHER COMMUNITY INVESTMENTS INCLUDE FUNDING OF ESTABLISHING THE LITTLE BADGER MOUNTAIN PRESERVE AND TRAIL IN RICHLAND, WA, FUNDING OF DIABETIC SUPPLIES TO HELP PATIENTS EVALUATE AND TREAT DIABETES FOR NON-INSURED PATIENTS. ALSO, MENTAL HEALTH, FIRST AID TRAININGS AND SUICIDE PREVENTION EFFORTS LEAD BY KADLEC COMMUNITY HEALTH DEPARTMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caryle Brown Treasurer/secretary | OfficerTrustee | 1 | $0 |
James Hall Chief Philanthropy Officer | Officer | 50 | $0 |
Molly Calhoun Trustee (part Year) | Trustee | 0.5 | $0 |
Alma Feil Trustee | Trustee | 0.5 | $0 |
April Connors Trustee (part Year) | Trustee | 0.5 | $0 |
Blaze Titus Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,588,362 |
| Investment income | $476,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $945,728 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,010,417 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $475,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,733 |
| Payroll taxes | $36,113 |
| 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 | $65,206 |
| Fees for services: Other | -$404,808 |
| Advertising and promotion | $1,890 |
| Office expenses | $8,386 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,745 |
| Travel | $2,892 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,440 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,129,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $3,108,284 |
| Pledges and grants receivable | $520,416 |
| 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 |
| Investments—publicly traded securities | $29,258,347 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,651,159 |
| Total assets | $39,538,406 |
| Accounts payable and accrued expenses | $7,242 |
| 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 | $7,242 |
| 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 |
| Total liabilities and net assets/fund balances | $39,531,164 |
Grants Awarded
Over the last fiscal year, Kadlec Foundation has awarded $573,353 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Pullman, WA PURPOSE: OPERATIONAL SUPPORT | $264,887 |
Renton, WA PURPOSE: OPERATIONAL SUPPORT | $263,466 |
Richland, WA PURPOSE: OPERATIONS SUPPORT | $25,000 |
Pasco, WA PURPOSE: OPERATIONS SUPPORT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kadlec Foundation has recieved totaling $1,526,920.
| Awarding Organization | Amount |
|---|---|
Kadlec Regional Medical Center Renton, WA PURPOSE: SPONSORSHIP | $1,519,390 |
3 Rivers Community Foundation Kennewick, WA PURPOSE: OPERATIONS | $7,530 |
Endowment Analysis
| Beg. Balance | $23,677,194 |
| Earnings | $2,220,153 |
| Grants | $264,887 |
| Ending Balance | $25,632,460 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional Hospital For Respiratory And Complex Care Burien, WA | $0 | $5,757,627 |
Cross Road Health Ministries Inc Glennallen, AK | $4,539,452 | $8,013,942 |
Franciscan Foundation Washington Tacoma, WA | $31,675,220 | $3,841,785 |
Asante Foundation Medford, OR | $34,856,407 | $4,983,244 |
Kadlec Foundation Richland, WA | $39,538,406 | $4,010,417 |
Providence Williamette Falls Medical Foundation Oregon City, OR | $17,864,446 | $2,952,643 |
Good Samaritan Hospital Foundation Corvallis Corvallis, OR | $16,898,067 | $4,069,543 |
Ashland Community Hospital Foundation Ashland, OR | $12,070,384 | $1,779,028 |
Whidbey Island Hospital Foundation Coupeville, WA | $2,936,679 | $1,105,210 |
Health Center Volunteers Inc Vashon, WA | $239,394 | $1,002,228 |
Research And Business Development Center Inc Rexburg, ID | $335,795 | $984,265 |
Grace Clinic Kennewick, WA | $681,694 | $1,037,484 |