Fremont-Rideout Foundation

Organization Overview

Fremont-Rideout Foundation is located in Marysville, CA. The organization was established in 1974. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Fremont-Rideout 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, Fremont-Rideout Foundation generated $997.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $527.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Fremont-Rideout Foundation has awarded 14 individual grants totaling $7,332,341. 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

PROMOTES THE PHILANTHROPIC CONTRIBUTIONS THAT ADVANCE THE MISSION OF ADVENTIST HEALTH AND RIDEOUT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S FUNCTION IS TO RAISE FUNDS THROUGH FUNDRAISING ACTIVITIES AND PROVIDE FUNDS FOR HEALTH CARE PROGRAMS, NEW EQUIPMENT, RENOVATIONS AND SCHOLARSHIPS THAT MAKE AN IMMEDIATE AND LASTING DIFFERENCE IN THE QUALITY OF HEALTH CARE DELIVERED.


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Board, Officers & Key Employees

Name (title)Compensation
Swanson Jeffery
Executive Director
$222,683
Weiler John
Chair
$0
Johl Sarbjit
Vice Chair
$0
Kang MD Jasbir
Secretary
$0
Ten Haken Joyce
Treasurer
$0
Champlin Christopher
President (as Of 12/21)
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$80,975
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$262,705
Noncash contributions included in lines 1a–1f $9,500
Total Revenue from Contributions, Gifts, Grants & Similar$343,680
Total Program Service Revenue$0
Investment income $208,723
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$7,140
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $997,593

Grants Awarded

Over the last fiscal year, Fremont-Rideout Foundation has awarded $39,820 in support to 2 organizations.

Grant RecipientAmount

YUBA SUTTER FOOD BANK INC

Org PageRecipient Profile

Yuba City, CA

PURPOSE: Community wellbeing - food insecurity

$22,250

RIDEOUT MEMORIAL HOSPITAL

Org PageRecipient Profile

Marysville, CA

PURPOSE: COVID-19 response - meals for approximately 850 hospital staff

$17,570
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fremont-Rideout Foundation has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$102,251
Ending Balance$102,251

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