Boulder Community Health Foundation
- Assets
- $53.5m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 11/1978
- Data as of
- 12/2022
- EIN
- 84-0772664
Organization Overview
Boulder Community Health Foundation, operating under the name Boulder Community Hospital Fdn, is located in Boulder, CO. The organization was established in 1978. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Boulder Community Hospital Fdn 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 12/2022, Boulder Community Hospital Fdn generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 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, Boulder Community Hospital Fdn has awarded 24 individual grants totaling $22,525,272. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BCH FOUNDATION SUPPORTS THE VISION OF BCH BY PARTNERING TO CREATE AND CARE FOR THE HEALTHIEST COMMUNITY IN THE NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR OVER FOUR DECADES THE GENEROSITY OF OUR COMMUNITY HAS LED TO MORE THAN $75 MILLION RAISED IN SUPPORT OF BCH. OVER THE PAST FIVE YEARS, THE BCH FOUNDATION HAS GRANTED $15 MILLION TO BCH IN SUPPORT OF VARIOUS CAPITAL AND PROGRAMMATIC PRIORITIES. THE FOUNDATION HAS ASSETS OF OVER $55 MILLION IN PLACE TO ENSURE FOR THE CONTINUED INVESTMENT IN ENHANCING THE QUALITY AND AVAILABILITY OF HEALTH CARE IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Besser - Fnd President & VP Of Public Affairs | Officer | 40 | $0 |
Ona Wigginton Director, Bch Foundation | Officer | 40 | $0 |
Michael Repucci Chair | OfficerTrustee | 2 | $0 |
Janet Martin Vice Chair | OfficerTrustee | 2 | $0 |
Carlos Sala Treasurer & Chair Of Fin Comm. | OfficerTrustee | 2 | $0 |
Leslie Burns Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,604,351 |
| Noncash contributions included in lines 1a–1f | $18,817 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,604,351 |
| Total Program Service Revenue | $0 |
| Investment income | $1,167,746 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$434,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,337,474 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,109,005 |
| Grants and other assistance to domestic individuals. | $100,634 |
| 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 | $91,108 |
| Pension plan accruals and contributions | $25,456 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,827 |
| Fees for services: Other | $53,536 |
| Advertising and promotion | $64,160 |
| Office expenses | $89,308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $76,728 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,855 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,692 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,795,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,620,746 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $7,320,488 |
| 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 | $24,907 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $41,158,065 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,413,737 |
| Total assets | $53,537,943 |
| 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 | $966,701 |
| Total liabilities | $966,701 |
| Net assets without donor restrictions | $31,531,371 |
| Net assets with donor restrictions | $21,039,871 |
| 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 | $53,537,943 |
Grants Awarded
Over the last fiscal year, Boulder Community Health Foundation has awarded $3,092,609 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOULDER COMMUNITY HEALTH PURPOSE: To support operations | $2,957,609 |
BOULDER SHELTER FOR THE HOMELESS PURPOSE: The Boulder Shelter for the Homeless (BSH) launched a pilot program to work with Boulder Community Health (BCH) with a focus on placing the highest utilizers of hospital services into stable housing as a means of addressing both their homelessness and their medical conditions. The BCH Foundation provided funding to implement the program which would work towards stabilizing medical conditions and addressing homeless through housing. | $30,000 |
BLUE SKY RIDGE PURPOSE: Partnership to support and promote the Pediatric Victim Services Medical Program. This program makes it possible for those children to receive an on-site medical examination. By offering clients a continuum of care that includes medical treatment, during and after the investigative process, Blue Sky Bridge and BCHF are working together to ensure that children are receiving the best possible care in allegations of child abuse. | $30,000 |
PROJECT ANGEL HEART PURPOSE: In partnership with Project Angel Heart, BCH facilitates the delivery of a week's worth of nutritionally tailored meals to recently discharged BCH patients experiencing food insecurity. This ensures that patients can focus on their recovery, reduces anxiety among | $75,000 |