Golden Valley Memorial Hospital Foundation Inc is located in Clinton, MO. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Valley Memorial 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 03/2024, Golden Valley Memorial Hospital Foundation Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $7.0m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL SUPPORT FOR GOLDEN VALLEY MEMORIAL HOSPITAL AND ITS PATIENTS BY HELPING TO SUSTAIN HIGH-QUALITY CARE AND PROVIDE THE LATEST MEDICAL TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIOR TO FY24 THE GVMH FOUNDATION COMPLETED A CAPITAL CAMPAIGN TO RAISE FUNDS TO ASSIST THE HOSPITAL IN BUILDING A RADIATION ONCOLOGY CENTER. MANY GIFTS WERE PLEDGED BY DONORS TO BE PAID OVER A PERIOD OF YEARS. GIFTS RECEIVED BY THE FOUNDATION ARE PLACED IN A RESTRICTED FUND FOR RADIATION ONCOLOGY. THE HOSPITAL COMPLETED CONSTRUCTION OF THE CENTER IN DECEMBER OF 2023. DURING FY24, THE FOUNDATION BEGAN TRANSFERRING FUNDS RAISED FOR RADIATION ONCOLOGY TO THE HOSPITAL TO HELP OFFSET THEIR COSTS ASSOCIATED WITH THE PROJECT.
- THE FOUNDATION PURCHASED A BABY GRAND PLAYER PIANO FOR THE HOSPITAL MAIN LOBBY TO ENHANCE THE SPACE AND ALLOW FOR MUSIC TO BE PLAYED FOR STAFF AND PATIENTS TO ENJOY. $15,683 - THE FOUNDATION CREATED AND BEGAN RECEIVING DONATIONS INTO A NEW FUND ENTITLED THE TRUMAN LAKE CANCER RELIEF FUND THAT ASSISTS PATIENTS WHILE IN ACTIVE TREATMENT FOR CANCER WITH EXPENSES. $11,722 - THE FOUNDATION PAID FOR FURNITURE AS WELL AS A STOCK OF WIGS, HEAD COVERINGS, POPPY POCKETS, CHEMO SHIRTS FOR THE CARE CLOSET LOCATED IN THE CANCER CENTER TO ASSIST PATIENTS IN HAVING THESE ITEMS AND THE ABILITY TO TRY ON ITEMS IN A PRIVATE SPACE. $8,490 - THE FOUNDATION COVERED THE COST OF CUSTOMIZED GARMENTS FOR INPATIENTS AND OUTPATIENTS WHO WERE TREATED AT GVMH FOR LYMPHEDEMA AND DO NOT HAVE INSURANCE COVERAGE FOR THE GARMENTS. $5,254 - THE FOUNDATION ASSISTED CARDIAC REHAB PATIENTS THROUGH PURCHASE OF GAS CARDS TO ASSIST PATIENTS IN GETTING TO THEIR APPOINTMENTS AND ALSO PROVIDED PATIENT ASSISTANCE GRANTS TO HELP PATIENTS IN NEED COVER THE COST OF COINSURANCE ASSOCIATED WITH THEIR TREATMENT. $4,520 - THE FOUNDATION SUPPORTED GVMH'S SHARE PREGNANCY AND INFANT LOSS SUPPORT GROUP THROUGH SUPPLIES FOR CARE PACKAGES FOR FAMILIES SUFFERING A LOSS AT GVMH AS WELL AS ANNUAL DUES AND SUPPLIES NEEDED FOR MEETINGS. $801 - EACH YEAR, INCLUDING FY24, THE FOUNDATION PURCHASES BOOKS TO BE DISTRIBUTED BY CLINIC PROVIDERS DURING CHECK UPS FOR PEDIATRIC PATIENTS FROM BIRTH THROUGH AGE 5. $3,633 - THE FOUNDATION SUPPORTED CANCER PATIENTS BY PROVIDING COMFORT ITEMS, SNACKS AND ENTERTAINMENT IN THE CANCER CENTER AT GVMH. $2,058 - THE FOUNDATION PAID FOR NEW EQUIPMENT FOR THE CARDIAC REHAB DEPARTMENT. $1,995 - THE FOUNDATION SUPPORTED CANCER PATIENTS BY PURCHASING GAS CARDS AND OTHER ITEMS FOR PATIENTS THAT COULD NOT AFFORD THE ITEMS THROUGH ITS ESTABLISHED SANDY HOUCHEN FUND. $1,779 - THE FOUNDATION SUPPORT HOSPICE FAMILIES AND PATIENTS THROUGH ASSISTANCE GRANTS . $1,483 - THE FOUNDATION APPROVED A GRANT FROM THE CLINTON SCHOOL DISTRICT TO PAY FOR NEW PEDIATRIC PADS FOR THE DISTRICT'S AEDS. $1,065 - THE FOUNDATION PAID FOR ARTWORK FOR THE ICU WAITING ROOM THAT IT HAS PREVIOUSLY PAID TO RENOVATE. $1,032 - THE FOUNDATION SUPPORTED DIABETIC PATIENTS THROUGH THE PURCHASE OF SUPPLIES AND ALSO PROVIDED A PATIENT ASSISTANCE GRANT TO HELP WITH MEDICATION. $833 - THE FOUNDATION PAID FOR LUNCHES FOR STAFF TO COMPLETE A FLU SHOT CLINIC AT THE CLINTON SCHOOL DISTRICT. $273
THE FOUNDATION AWARDED A GRANT TO GVMH HOME HEALTH FOR EQUIPMENT (IPADS, CASES AND KEYBOARDS WITH APPLE CARE+) THAT WORKS WITH THEIR NEW AXXESS WEB BASED SOLUTION IN ORDER TO ALLOW STAFF TO CHART WHILE IN PATIENTS HOMES RATHER THAN WAITING UNTIL BACK IN THE OFFICE AT THE END OF THE DAY.
THE FOUNDATION AWARDED A GRANT TO GVMH HOSPICE FOR EQUIPMENT (IPADS, CASES AND KEYBOARDS WITH APPLE CARE+) THAT WORKS WITH THEIR NEW AXXESS WEB BASED SOLUTION IN ORDER TO ALLOW STAFF TO CHART WHILE IN PATIENTS HOMES RATHER THAN WAITING UNTIL BACK IN THE OFFICE AT THE END OF THE DAY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary/treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $88,484 |
Related organizations | $0 |
Government grants | $3,000,000 |
All other contributions, gifts, grants, and similar amounts not included above | $380,409 |
Noncash contributions included in lines 1a–1f | $99,798 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,468,893 |
Total Program Service Revenue | $0 |
Investment income | $50,195 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$40,598 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,478,374 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,925,000 |
Grants and other assistance to domestic individuals. | $27,600 |
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 | $15,203 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $79,233 |
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 | $7,047,036 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $142,394 |
Savings and temporary cash investments | $816,162 |
Pledges and grants receivable | $1,653,242 |
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 | $26,530 |
Investments—publicly traded securities | $1,330,211 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,968,539 |
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 | $1,114,591 |
Net assets with donor restrictions | $2,853,948 |
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 | $3,968,539 |
Over the last fiscal year, Golden Valley Memorial Hospital Foundation Inc has awarded $81,506 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GOLDEN VALLEY MEMORIAL HOSPITAL PURPOSE: PATIENT SUPPORT | $31,506 |
STATE FAIR COMMUNITY COLLEGE PURPOSE: RN NURSING PROGRAM | $50,000 |