Swedish Medical Center Foundation is located in Seattle, WA. The organization was established in 1978. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Swedish Medical Center 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, Swedish Medical Center Foundation generated $36.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $28.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Swedish Medical Center Foundation has awarded 23 individual grants totaling $82,488,089. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SWEDISH MEDICAL CENTER FOUNDATION IS THE FUNDRAISING ARM OF SWEDISH HEALTH SERVICES.
Describe the Organization's Program Activity:
SEE SCHEDULE O.SWEDISH CANCER INSTITUTEIN 2021 PHILANTHROPY SUPPORTED EDUCATION, PATIENT ASSISTANCE AND SUPPORTIVE CARE SERVICES, IN ADDITION TO BREAST CANCER RESEARCH, AND A FOCUS ON OUR HEMATOLOGIC MALIGNANCIES PROGRAM AND CENTER FOR LUNG RESEARCH. THE GENEROSITY OF DONORS ALLOWED THE SWEDISH CANCER INSTITUTE RESEARCH TO CONTINUE ITS RESEARCH WITH MULTIPLE CLINICAL TRIALS AND RESEARCH, IN ADDITION TO THE FUNDING OF SALARIES FOR MULTIPLE CAREGIVERS TO ENABLE THESE PROGRAMS TO CONTINUE. DONORS CONTINUE TO PROVIDE VALUABLE SOCIAL WORK FOR OUR PATIENTS. IN ADDITION, DONATIONS ENSURE THAT PATIENTS CAN RECEIVE HELP LIKE COORDINATING BASIC NEEDS LIKE TRAVEL TO APPOINTMENTS TO PROVIDING COUNSELING AND COPING SKILLS FOR PATIENTS FACING DIFFICULT NEW REALITIES OF CANCER. FROM UNRAVELING CANCER GENOMES TO HARNESSING THE IMMUNE SYSTEM TO ATTACK BLOOD CANCERS, ADVANCED TECHNIQUES AND CLINICAL TRIALS CAN PROVIDE TREATMENT TAILORED TO EACH PERSON'S CANCER. THE HEART OF OUR BREAST CANCER RESEARCH IS OUR BREAST CANCER REGISTRY - MADE POSSIBLE ENTIRELY THROUGH PHILANTHROPY. WE HAVE COLLECTED INVALUABLE DATA FROM MORE THAN 19,000 PATIENTS. NEW SOFTWARE, PROVIDED BY PHILANTHROPY, WILL ALLOW US TO ENTER AND EXTRACT DATA FOR ANALYSIS AND COLLABORATE WITH OTHERS MORE EASILY. OUR CENTER FOR LUNG CANCER RESEARCH PROVIDES A UNIQUE OPPORTUNITY TO TEACH AND ADVISE THE NEXT GENERATION OF CAREGIVERS THROUGH A MENTORSHIP PROGRAM PROVIDED THROUGH PHILANTHROPY.SWEDISH NEUROSCIENCE INSTITUTETHE SWEDISH NEUROSCIENCE INSTITUTE SAW PHILANTHROPIC SUPPORT IN 2021 ACROSS THE INSTITUTE INCLUDING ITS GENERAL SPINE, MOVEMENT DISORDERS AND STROKE PROGRAM, IN ADDITION TO ITS RESEARCH INITIATIVES. CONTINUED SUPPORT WAS DIRECTED TO THE BEN AND CATHERINE IVY CENTER FOR ADVANCED BRAIN TUMOR TREATMENT FOR RESEARCH EFFORTS AND THE CARE COORDINATION OF ITS PATIENTS. THE 2021 SEATTLE BRAIN CANCER WAS HELD AS A VIRTUAL EVENT CONSIDERING THE PANDEMIC. THE VIRTUAL WALK YIELDED DONATIONS TO AID OUR RESEARCHERS GAIN NEW INSIGHT INTO DEVELOPING A VACCINE FOR THE VIRUS CONNECTED WITH GLIOBLASTOMA TUMOR GROWTH. DONATIONS TO THE WALK DIRECTLY FUND THE RESEARCH AND CLINICAL TRIALS. THE NEWLY LAUNCHED PROGRAM FOR HEALTHY AGING INCREASED ITS HEALTH AND WELLNESS SUPPORT TO PATIENTS AND THEIR FAMILIES IMPACTED BY DEMENTIA AND ALZHEIMER'S DISEASE. THE SWEDISH AMYOTROPHIC LATERAL SCLEROSIS (ALS) PROGRAM SAW PHILANTHROPIC SUPPORT IN TECHNOLOGY. ALS PATIENTS NOW HAVE AN ENHANCED CLINIC EXPERIENCE WITH LARGE INTERACTIVE SMART BOARDS ALLOWING CAREGIVERS TO DRAW DIAGRAMS FOR PATIENTS AND SHOW THEM VIDEOS, WHILE TAKING NOTES THAT CAN BE SHARED BETWEEN COLLEAGUES. THIS MORE EDUCATIONAL, STREAMLINED APPOINTMENT WILL BENEFIT THE PATIENTS AND THEIR CAREGIVERS FOR THE DURATION OF THEIR TREATMENT. THE SWEDISH MULTIPLE SCLEROSIS CENTER BENEFITTED IN 2021 WITH SUPPORT FOR HOLISTIC PATIENT EDUCATION AND SUPPORT PROGRAMS REACHING MORE THAN 300 PEOPLE, BOTH PATIENTS AND FAMILY MEMBERS. THE MS ADVENTURE PROGRAM CONTINUED IN A VIRTUAL FORMAT AND PROVIDED MS PATIENTS ENGAGING RECREATIONAL OPPORTUNITIES.SWEDISH HEART AND VASCULAR INSTITUTETHE SWEDISH HEART AND VASCULAR INSTITUTE SAW PHILANTHROPIC SUPPORT AS WE LAUNCHED OUR SWEDISH COMPREHENSIVE ATRIAL FIBRILLATION NETWORK (SCAN) PROGRAM. THIS PROGRAM EXPANDED SHVI SERVICES FOR PATIENTS WITH ATRIAL FIBRILLATION AND CONTAINED A PRIMARY CARE COMPONENT ALLOWING FOR EASE OF ACCESS FOR SERVICES REQUIRED. PHILANTHROPIC SUPPORT ALLOWED FOR THE HIRING OF TWO MEDICAL DIRECTORS, A DATA ARCHITECT, A PATIENT CARE COORDINATOR, AND AN ADVANCED PRACTICE CLINICIAN. THIS PROGRAM WILL FOCUS ON GATHERING DATA OF THESE PATIENTS SO WE CAN ENCOURAGE PREVENTION. THIS NEW DATABASE WILL IDENTIFY AT-RISK PATIENTS AND ALLOW THEIR PROVIDERS TO IDENTIFY PATIENTS WHO MIGHT BENEFIT FROM AN IN-PERSON VISIT. ADDITIONAL SUPPORT FOR THE NAVIGATION PROGRAM FOR ADVANCED CARDIOVASCULAR CARE PROVIDED VITAL FUNDING FOR EXPANDED CLINICAL TRIALS AND RESEARCH THAT GIVE OUR PATIENTS ACCESS TO HIGH-POTENTIAL INVESTIGATIVE TREATMENTS. THE NAVIGATION PROGRAM ALSO INVESTED IN "NAVIGATORS" WHO HELP PATIENTS UNDERSTAND THE COMPLEXITIES OF CARDIOVASCULAR CARE. THE SWEDISH HEART AND VASCULAR INSTITUTE INVESTED IN INNOVATIVE CAPITAL PURCHASING A NUCLEAR SPECT CAMERA TO PERFORM NON-INVASIVE PROCEDURES THAT SHOW HOW BLOOD FLOWS TO TISSUE AND ORGANS. THE CAMERA IS USED TO DIAGNOSE CORONARY ARTERY DISEASE AS WELL AS DETERMINE IF A HEART ATTACK HAS OCCURRED. PHILANTHROPY ALSO SUPPORTED MULTIPLE POPULATION HEALTH PROGRAMS INCLUDING THE SWEDISH AORTIC DISEASE PROGRAM, STRUCTURAL HEART RESEARCH AND ADVANCED CARDIAC CARE PROGRAMS.SWEDISH BEHAVIORAL HEALTHIN 2021, PHILANTHROPY CONTINUED TO SUPPORT OUR BEHAVIORAL HEALTH NEEDS IN THE GREATER PUGET SOUND COMMUNITY. DONORS SUPPORTED A TRANSPORTATION PROGRAM FOR PATIENTS SEEKING ELECTROCONVULSIVE THERAPY (ECT) WITH A NEED FOR ADDITIONAL SUPPORT. THIS CONTINUED PATIENT ASSISTANCE FUND PROVIDED PATIENTS WITH SECURE AND SUPERVISED RIDES TO AND FROM APPOINTMENTS AT SWEDISH BALLARD VIA NORTHWEST AMBULANCE. WITHOUT THIS SUPPORT, THESE PATIENTS WOULD BE UNABLE TO COMPLETE THEIR TREATMENT CAUSING FURTHER COMPLICATIONS WITH THEIR CONDITION. IN 2021, 41 PATIENTS FROM 18 CITIES BENEFITTED FROM THE PROGRAM WITH 147 PROCEDURES COMPLETED.SWEDISH WOMEN & CHILDREN'S PROGRAMTHE SWEDISH WOMEN & CHILDREN'S PROGRAM SAW CONTINUED PHILANTHROPIC INTEREST IN SUPPORTING CARE SERVICES IMPACTED BY COVID-19 AND A FOCUS ON THE EXPANSION OF WOMEN'S HOLISTIC HEALTH SERVICES. SWEDISH EXPANDED ITS WOMEN'S WELLNESS AND SPECIALTY GYN SERVICES PROGRAM BUILDING A NETWORK OF SPECIALISTS WHO WILL CARE FOR WOMEN AT EVERY STAGE OF THEIR LIVES AND DROVE WOMEN'S WELLNESS WEBINARS TO REACH A LARGER COMMUNITY AUDIENCE. IN ADDITION, HEALTH INEQUITY WAS A SIGNIFICANT FOCUS THAT WAS ADDRESSED WITH PHILANTHROPIC SUPPORT AROUND DIVERSITY IN OUR DOULA PROGRAM. WE SAW SUPPORT TO EXPAND WOMEN'S AND CHILDREN'S RESEARCH, AN ON-CALL DOULA SERVICE, AND A TELEHEALTH DOULA PROGRAM. THE LYTLE CENTER FOR PREGNANCY AND NEWBORNS AT SWEDISH AND THE SWEDISH NEONATAL INTENSIVE CARE UNIT HAD PHILANTHROPIC FUNDS DIRECTED TO EXPAND AND ENHANCE THEIR SERVICES, AS WELL AS DONORS SUPPORTING GENERAL WOMEN'S WELLNESS AND GYN SPECIALTY SERVICES. PHILANTHROPY PROVIDED FOR THE PURCHASE OF VITAL EQUIPMENT INCLUDING GIRAFFE ISOLETTES STATE-OF-THE-ART INCUBATOR ENVIRONMENTS THAT PROMOTE PEACEFUL HEALING WHILE FOSTERING A CLOSE BOND BETWEEN FAMILIES AND THEIR BABIES, AS WELL AS, NEEDED LABOR AND DELIVERY BEDS AND ELECTRIC STRETCHERS.SWEDISH DIGESTIVE HEALTH INSTITUTETHE COLORECTAL AND THORACIC SURGERY FELLOWSHIP PROGRAMS AND GASTROENTEROLOGY NURSE EDUCATION PROGRAM WERE THE PRIMARY PHILANTHROPIC AREAS OF SUPPORT FOR THE SWEDISH DIGESTIVE HEALTH INSTITUTE IN 2021, IN ADDITION TO IBD RESEARCH AND THE PEDIATRIC METABOLIC HEALTH PROGRAM. THE SWEDISH ORGAN TRANSPLANT PATIENT ASSISTANCE FUND PROVIDED PATIENT ASSISTANCE WITH COSTS FOR TRAVEL AND LODGING SUPPORTED BY PHILANTHROPY. FOR PATIENTS WITH ADVANCED KIDNEY AND LIVER DISEASE, AN ORGAN TRANSPLANT IS THEIR ONLY OPTION FOR A HEALTHY LIFE. PHILANTHROPIC SUPPORT ENSURES THAT MORE PATIENTS WILL BENEFIT FROM A TRANSPLANT WITHOUT WORRYING ABOUT HOW THEY ARE GOING TO PAY FOR TRAVEL OR ACCOMMODATIONS IN SEATTLE.NURSINGIN 2021, THE SWEDISH NURSING PROGRAM FOCUSED ITS PHILANTHROPY ON CAREGIVER WELLNESS IN RESPONSE TO STAFF TURNOVER AND BURNOUT DUE TO THE ONGOING PANDEMIC DEMANDS. PHILANTHROPY HELPED TO FUND THE HARMONY HILL WELLNESS RETREAT, A RENEWAL RETREAT TO HELP MANY OF OUR NURSES RECONNECT WITH THEIR PASSION FOR NURSING WHILE GIVING THEM THE TOOLS TO CONTINUE PROVIDING COMPASSIONATE CARE AND AVOID BURN-OUT. IN ADDITION, CONTINUING EDUCATION CONFERENCES, RN CHAMPIONS PROGRAM AND RN UNIT CHAMPIONS PROGRAM - WHICH PROVIDE HANDS-ON TRAINING AND MENTORSHIP OPPORTUNITIES FOR NURSES WERE MADE POSSIBLE THROUGH GENEROUS DONATIONS. PHILANTHROPY PROVIDED THE OPPORTUNITY FOR SWEDISH NURSES TO HAVE 3,362 LEARNING EXPERIENCES WITH 71 NURSING UNITS ACROSS 5 CAMPUSES.HEALTH EQUITY, DIVERSITY AND INCLUSIONTHROUGH THE OFFICE OF HEALTH EQUITY, DIVERSITY AND INCLUSION, WE ARE WORKING TO ENSURE SWEDISH HOSPITALS AND CLINICS PROVIDE AN INCLUSIVE ENVIRONMENT FOR ALL PATIENTS, VISITORS AND CAREGIVERS. THIS INCLUDES SUPPORTING SWEDISH CARE TEAMS IN COMPLETING TRAININGS ON CULTURAL COMPETENCE, LGBTQIA+ CARE AND UNDERSTANDING IMPLICIT BIAS. IN 2021 SWEDISH ELEVATED OUR HEALTH EQUITY, DIVERSITY AND INCLUSION INITIATIVE TO A TOP PRIORITY FOCUSING ON WORKFORCE DEVELOPMENT WITH THE ROLL OUT OF PHYSICIAN RESIDENCY PROGRAMS IN PARTNERSHIP WITH THE MEHARRY MEDICAL COLLEGE, IN ADDITION TO AN EMPHASIS ON LEADERSHIP DEVELOPMENT AND BUILDING A FELLOWSHIP PROGRAM. AT THE SAME TIME, SWEDISH CONTINUED WITH ITS COMMUNITY FACING WORK BY LAUNCHING A CULTURAL NAVIGATORS PROGRAM SERIES AND MAKING CULTURALLY COMPETENT CARE A PRIORITY WITH PROGRAMS AROUND WOMEN AND INFANT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jessica Hughes Board Chair | OfficerTrustee | 1 | $0 |
Chuck Lytle Board Vice Chair | OfficerTrustee | 1 | $0 |
Mary Beth Formby Treasurer/cfo | Officer | 1 | $0 |
Hilary Domeika Secretary/sr Corp Council (pt Yr) | Officer | 1 | $0 |
Andrea King Vice President (part Year) | Officer | 50 | $0 |
Tracy Ostrem President/cdo | Officer | 50 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $273,734 |
Related organizations | $7,201,060 |
Government grants | $1,478,386 |
All other contributions, gifts, grants, and similar amounts not included above | $18,258,898 |
Noncash contributions included in lines 1a–1f | $2,270,372 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,212,078 |
Total Program Service Revenue | $0 |
Investment income | $3,844,872 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,121,279 |
Net Income from Fundraising Events | -$46,065 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $36,132,164 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $21,348,241 |
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 | $4,501,266 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $4,226 |
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 | $228,544 |
Fees for services: Other | $1,368,108 |
Advertising and promotion | $294 |
Office expenses | $146,984 |
Information technology | $38,891 |
Royalties | $0 |
Occupancy | $456,053 |
Travel | $13,517 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,302 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,725 |
Insurance | $0 |
All other expenses | $10,170 |
Total functional expenses | $28,306,624 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,469,158 |
Pledges and grants receivable | $5,235,465 |
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 | $0 |
Investments—publicly traded securities | $114,772,129 |
Investments—other securities | $10,091,984 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $18,356,971 |
Total assets | $149,925,707 |
Accounts payable and accrued expenses | $116,063 |
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 | $777,618 |
Total liabilities | $893,681 |
Net assets without donor restrictions | $36,928,704 |
Net assets with donor restrictions | $112,103,322 |
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 | $149,925,707 |
Over the last fiscal year, Swedish Medical Center Foundation has awarded $21,325,419 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Renton, WA PURPOSE: OPERATIONAL SUPPORT | $21,064,870 |
Renton, WA PURPOSE: OPERATIONAL SUPPORT | $260,549 |
Over the last fiscal year, we have identified 13 grants that Swedish Medical Center Foundation has recieved totaling $1,085,165.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $404,550 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; BEN AND CATHERINE IVY CENTER; HELPING HANDS FUND; IN SUPPORT OF THE KAPLAN RESEARCH FUND; TO SUPPORT THE KAPLAN CANCER RESEARCH FUND; OFFICE OF HEALTH, EQUITY, DIVERSITY & INCLUSION; TO SUPPORT THE NURSE'S FUND; WOMEN'S HEALTH GEN SUPPORT; PROGRAMS THAT SUPPORT NEEDY WOMEN WITH CANCER AND THEIR CHILDREN; $5K FOR GREATEST NEED AND $5K FOR LGBTQ+ HEALTH; SWEDISH TRANSFER AND OPERATIONS CENTER (STOC); TO SUPPORT EYE RESEARCH; HEART & VASCULAR INSTITUTE; TO SUPPORT THE HEART & VASCLUAR INSTITUTE; SWEDISH: HEART & VASCLUAR RESEARCH: RISING STARS RESEARCH PROGRAM | $245,743 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $165,475 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $75,000 |
Foundation Forsurgical Fellowships Los Angeles, CA PURPOSE: General Support | $60,000 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $41,570 |
Beg. Balance | $18,412,167 |
Earnings | $3,525,723 |
Net Contributions | $215,250 |
Other Expense | $899,653 |
Ending Balance | $21,253,487 |
Organization Name | Assets | Revenue |
---|---|---|
Swedish Medical Center Foundation Seattle, WA | $149,925,707 | $36,132,164 |
Seattle Childrens Healthcare System Seattle, WA | $1,236,637,312 | $122,583,383 |
St Lukes Health Foundation Ltd Boise, ID | $50,176,105 | $12,367,207 |
Multicare Health Foundation Tacoma, WA | $69,482,903 | $11,201,582 |
Overlake Hospital Association Bellevue, WA | $31,794,126 | $12,421,472 |
Oregon Rural Health Initiative Portland, OR | $7,029,575 | $4,022,932 |
Bio Ventures For Global Health Seattle, WA | $5,318,274 | $3,211,056 |
North Lincoln Hospital Foundation Lincoln City, OR | $1,712,168 | $1,225,177 |
Salmon Creek Hospital Foundation Portland, OR | $4,339,648 | $1,370,769 |
Salem Health Foundation Salem, OR | $11,591,979 | $867,892 |
John L Locke Jr Charitable Trust Issaquah, WA | $23,717,150 | $1,880,836 |
Providence Hospice & Home Care Foundation Snohomish County Everett, WA | $3,527,301 | $1,415,799 |