Foundation Of Yuma Regional Medical Center

Organization Overview

Foundation Of Yuma Regional Medical Center is located in Yuma, AZ. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Foundation Of Yuma Regional Medical Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Of Yuma Regional Medical Center 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 09/2021, Foundation Of Yuma Regional Medical Center generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $766.0k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Foundation Of Yuma Regional Medical Center has awarded 19 individual grants totaling $2,675,875. 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

THE MISSION OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER IS TO SUPPORT A HEALTHIER COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTHCARE CAREER AND NURSING SCHOLARSHIPS: EDUCATION IS AN ESSENTIAL COMPONENT OF THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER'S ONGOING COMMITMENT TO ADVANCING, ENHANCING, AND SUSTAINING THE DELIVERY OF QUALITY HEALTHCARE IN YUMA COUNTY. AS SUCH, THE FOUNDATION OF YUMA REGIONAL MEDICAL CENTER AWARDS MANY DIFFERENT SCHOLARSHIPS EACH YEAR. THIS IMPORTANT FINANCIAL SUPPORT MAKES IT POSSIBLE FOR STUDENTS WHO ASPIRE TO HAVE OR ADVANCE CAREERS IN THE HEALTH CARE AND ALLIED HEALTH FIELDS TO PURSUE THEIR EDUCATION GOALS. SCHOLARSHIPS ARE ALSO AWARDED TO THOSE SPECIFICALLY INTERESTED IN NURSING OR ADVANCING THEIR NURSING EDUCATION, OFTEN MOVING FROM RN TO BSRN, PA, OR NP. FUNDS ARE ALSO AWARDED ANNUALLY TO SUPPORT ADVANCED NURSING CERTIFICATIONS.


THE COVID-19 RESPONSE FUND PROVIDED AID TO SUPPORT THE EMERGING NEEDS OF YUMA REGIONAL MEDICAL CENTER IN RESPONSE TO THE COVID-19 PANDEMIC. FUNDS WERE ALLOCATED FOR PPE, YRMC FRONT-LINE WORKER SUPPORT OF YRMC THAT INCLUDED SPECIAL RECOGNITION PROGRAMS, AND THE BUILDING OF A COVID-19 MEMORIAL ON YRMC'S CAMPUS.


BOARD DESIGNATED FUNDS ARE USED TO SUPPORT THE MOST PRESSING NEEDS OF YRMC AND ITS COMMUNITY HEALTH INITIATIVES. IN 2021, THESE FUNDS SUPPORTED PATIENTS WITH DIABETES THROUGH PROVISION OF FREE GLUCOMETERS,. THESE FUNDS ALSO SUPPORTED OUR HEALTHY KIDS AND FAMILIES PROGRAM.


THE CPE ENDOWMENT PROVIDES RESTRICTED SUPPORT FOR YUMA REGIONAL MEDICAL CENTER'S CHAPLAINCY RESIDENCY PROGRAM. IN 2021, FUNDS HELPED TO PROVIDE EDUCATIONAL RESOURCES FOR RESIDENTS, SUPPORTED PATIENT CARE THROUGH PROVISION OF CLOTHING AND OTHER PERSONAL ITEMS PROVIDED BY THE YRMC DEPARTMENT OF SPIRITUAL CARE, AS WELL AS AN ART PROGRAM AIMED AT ADDRESSING EMPLOYEE BURNOUT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$286,487
Government grants $5,000
All other contributions, gifts, grants, and similar amounts not included above$378,444
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$669,931
Total Program Service Revenue$0
Investment income $702,293
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $34,639
Net Gain/Loss on Asset Sales $1,313,023
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,719,927

Grants Awarded

Over the last fiscal year, Foundation Of Yuma Regional Medical Center has awarded $168,161 in support to 2 organizations.

Grant RecipientAmount

YUMA REGIONAL MEDICAL CENTER

Org PageRecipient Profile

Yuma, AZ

PURPOSE: CANCER PROVIDER EDUCATION AND PATIENT SUPPORT

$161,161

Yuma, AZ

PURPOSE: VOLUNTEER OPPORTUNITIES

$7,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Foundation Of Yuma Regional Medical Center has recieved totaling $10,635.

Awarding OrganizationAmount
Smiles For Life Foundation

Salt Lake City, UT

PURPOSE: MEDICAL CHARITY

$9,630
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,025,276
Earnings$3,086,808
Net Contributions$3,000
Other Expense$16,000
Grants$80,238
Ending Balance$17,018,846

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