Washington Hospital Foundation Inc
- Assets
- $28.3m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, PA
- Founding
- 02/1994
- Data as of
- 06/2021
- EIN
- 25-1708215
Organization Overview
Washington Hospital Foundation Inc is located in Washington, PA. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Washington Hospital Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Hospital Foundation Inc 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 06/2021, Washington Hospital Foundation Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 0.4% 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, Washington Hospital Foundation Inc has awarded 25 individual grants totaling $19,638,774. 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
TO SOLICIT, COLLECT AND INVEST CHARITABLE CONTRIBUTIONS ON BEHALF OF THE WASHINGTON HOSPITAL AND TGCH, INC., AND THEN PASS THIS MONEY ON TO THE WASHINGTON HOSPITAL AND TGCH, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PROGRAM SERVICE OF THE FOUNDATION IS TO SOLICIT, COLLECT AND INVEST CHARITABLE CONTRIBUTIONS ON BEHALF OF THE WASHINGTON HOSPITAL AND TGCH, INC., AND THEN PASS THIS MONEY ON TO THE WASHINGTON HOSPITAL AND TGCH, INC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $22,428 |
| Membership dues | $0 |
| Fundraising events | $120,044 |
| Related organizations | $175,000 |
| Government grants | $909,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,617,199 |
| Noncash contributions included in lines 1a–1f | $32,970 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,843,881 |
| Total Program Service Revenue | $0 |
| Investment income | $294,350 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $122,204 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,260,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,959,991 |
| 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 | $410,586 |
| 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 | $2,016 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $41,463 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $169 |
| 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 | $531 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,527,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,043,230 |
| Pledges and grants receivable | $153,845 |
| 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 | $1,623 |
| Investments—publicly traded securities | $26,122,297 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,320,995 |
| Accounts payable and accrued expenses | $211,337 |
| 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 | $211,337 |
| Net assets without donor restrictions | $8,700,997 |
| Net assets with donor restrictions | $19,408,661 |
| 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 | $28,320,995 |
Grants Awarded
Over the last fiscal year, Washington Hospital Foundation Inc has awarded $1,959,991 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, PA PURPOSE: HOSPITAL CAPITAL PROJECTS | $1,043,509 |
Washington, PA PURPOSE: GENERAL SUPPORT | $779,790 |
Waynesburg, PA PURPOSE: GENERAL SUPPORT | $84,317 |
Waynesburg, PA PURPOSE: HOSPITAL CAPITAL PROJECTS | $52,375 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Washington Hospital Foundation Inc has recieved totaling $145,984.
| Awarding Organization | Amount |
|---|---|
Washington County Community Foundation Inc Eighty Four, PA PURPOSE: PROGRAM | $63,055 |
Community Foundation Of Greene County Pennsylvania Waynesburg, PA PURPOSE: ENDOWMENT INCOME PD | $33,705 |
United Way Of Washington County Washington, PA PURPOSE: GENERAL OPERATIONS | $17,004 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $12,779 |
United Way Of Washington County Washington, PA PURPOSE: FAMILY SUPPORT | $11,750 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA PURPOSE: DONOR DESIGNATION PR | $7,691 |
Endowment Analysis
| Beg. Balance | $18,042,436 |
| Earnings | $5,003,221 |
| Other Expense | $635,850 |
| Grants | $1,000 |
| Ending Balance | $22,408,807 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frank Messer & Sons Construction Co Health Care Trust Agreement Cincinnati, OH | $1,608,604 | $18,730,323 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Jhsi Inc Cincinnati, OH | $218,143,713 | $11,934,726 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
Akron Childrens Hospital Foundation Akron, OH | $226,447,307 | $32,651,405 |
Bethesda Inc Cincinnati, OH | $187,938,288 | $2,121,549 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |