Simi Valley Hospital Foundation
- Assets
- $1.7m
- Revenue
- $287.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Simi Valley, CA
- Founding
- 11/2001
- Data as of
- 12/2020
- EIN
- 91-2135595
Organization Overview
Simi Valley Hospital Foundation is located in Simi Valley, CA. The organization was established in 2001. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simi Valley Hospital 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 12/2020, Simi Valley Hospital Foundation generated $287.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $187.8k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD COMMUNITY RELATIONSHIPS THAT ENCOURAGE FINANCIAL SUPPORT FOR SIMI VALLEY HOSPITAL AND FUND HOSPITAL PROJECTS FOR IDENTIFIED COMMUNITY HEALTH NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SIMI VALLEY HOSPITAL FOUNDATION IS AN IRC 501(C)(3) NOT-FOR-PROFIT ORGANIZATION. OUR PURPOSE IS TO SUPPORT THE MISSION OF SIMI VALLEY HOSPITAL AND HEALTH SERVICES IN IMPROVING THE QUALITY OF LIFE AND HEALTH IN OUR COMMUNITY. WE DO THIS BY:1. BUILDING STRONG PHILANTHROPIC SUPPORT TO MEET CAPITAL AND FUNDING NEEDS OF THE HOSPITAL.2. ENSURING APPROPRIATE STEWARDSHIP BY DEMONSTRATING AN ETHICAL AND FIDUCIARY RESPONSIBILITY TO OUR DONORS AND SUPPORTORS.3. DEVELOPING EXCELLENT RELATIONSHIPS WITH THE COMMUNITY AT LARGE, AND WITHIN THE HOSPITAL IN ORDER TO SUPPORT OUR MINISTRY OF PHILANTHROPY.4. WORKING WITH COMMUNITY PARTNERS, ORGANIZATIONS AND VOLUNTEERS.IN 2020 THE SIMI VALLEY HOSPITAL FOUNDATION PROVIDED $145,089 TO SIMI VALLEY HOSPITAL.THE FOLLOWING STORY ILLUSTRATES HOW ADVENTIST HEALTH SIMI VALLEY WORKS TO PROVIDE QUALITY CARE FOR OUR COMMUNITY AND WHY OUR FOUNDATION HAS SUCH A PASSION FOR RAISING FUNDS TO CONTINUE IMPROVING THE CARE WE CAN PROVIDE:ONE OF OUR COMMUNITY MEMBERS BROUGHT THEIR DAUGHTER RECENTLY TO THE HOSPITAL WITH CHRONIC KNEE PAIN. SHE WAS 10 YEARS OLD, FULL OF LIFE, SPUNKY, THOUGHTFUL AND A WONDERFULLY GIFTED SOCCER PLAYER. WE TRANSFERRED HER TO CHILDRENS HOSPITAL WHERE SHE WAS DIAGNOSED WITH OSTEOSARCOMA, A RARE FORM OF BONE CANCER. DISEASES LIKE THIS SHOULD NOT HAPPEN TO CHILDREN, BUT THEY DO, AND IT CAUSES THEIR FAMILY NO END OF SORROW AND PAIN. THIS YOUNG LADY WHO HAS A HUGE HEART AND SO MUCH TO GIVE HAS BECOME VERY SPECIAL TO US. HER JOURNEY, WHICH IS STILL IN PROCESS, MAY INCLUDE CHEMOTHERAPY, RADIATION, SURGERY OR A COMBINATION OF THESE. DESPITE KNOWING WHAT SHE HAS TO GO THROUGH SHE IN INCREDIBLY FUNNY AND CAN BRING A SMILE TO ANYONES FACE. THIS YOUNG LADYS MOTHER IS A HARD WORKING SINGLE MOTHER OF THREE. SINCE THE DIAGNOSIS, SHE HAS STRUGGLED WITH WORK KEEPING HER FROM HER DAUGHTERS SIDE. AS HER MOTHER NEEDS TO BE WITH HER DAUGHTER DURING HER TREATMENTS, WE ARE SUPPORTING THEM THROUGH THE FOUNDATION WITH CANCER GRANTS THAT WILL HELP MOM TO BE ABLE TO STAY WITH HER DAUGHTER AND TO COVER TRAVEL EXPENSES DURING THE TREATMENT AND HOSPITAL STAY.COMPASSIONATE, HIGH-QUALITY PATIENT CARE; LIFE-SAVING AND LIFE-PRESERVING MEDICAL AND SURGICAL SERVICES IN A COMMUNITY-BASED HOSPITAL; ESSENTIAL EMERGENCY SERVICESTHESE ARE THE REASONS WE ARE IN THE SIMI VALLEY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Owens Francis Treasurer | OfficerTrustee | 4 | $0 |
Chandler Karl President | OfficerTrustee | 50 | $0 |
Gandal Alex Vice Chair | OfficerTrustee | 1 | $0 |
Garg Anil Secretary | OfficerTrustee | 1 | $0 |
Skidmore Rod Chairman | OfficerTrustee | 1 | $0 |
Wing Bill Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,602 |
| Investment income | $20,382 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,141 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,125 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| Fees for services: Other | $6,812 |
| Advertising and promotion | $1,528 |
| Office expenses | $26,619 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,414 |
| 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 | $2,000 |
| All other expenses | $0 |
| Total functional expenses | $187,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $724,622 |
| Pledges and grants receivable | $50,559 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $892,850 |
| Total assets | $1,668,031 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,668,031 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Simi Valley Hospital Foundation has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
R D Ford Foundation Simi Valley, CA PURPOSE: UNRESTRICTED | $1,500 |
Endowment Analysis
| Beg. Balance | $680,858 |
| Net Contributions | $39,724 |
| Other Expense | $336,755 |
| Ending Balance | $383,827 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Jewish Community Foundation Berkeley, CA | $0 | $31,858 |
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |