Providence Alaska Foundation is located in Anchorage, AK. The organization was established in 1983. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Providence Alaska 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, Providence Alaska Foundation generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $12.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Providence Alaska Foundation has awarded 153 individual grants totaling $42,465,344. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE PURSUE INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 120,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 52 HOSPITALS, 1,085 CLINICS AND A COMPREHENSIVE RANGE OF SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:- PROVIDENCE ACROSS SEVEN WESTERN STATES- COVENANT HEALTH IN WEST TEXAS- PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA- HOAG MEMORIAL HOSPITAL PRESBYTERIAN IN ORANGE COUNTY, CA- KADLEC IN SOUTHEAST WASHINGTON- PACIFIC MEDICAL CENTERS IN SEATTLE, WA- SWEDISH HEALTH SERVICES IN SEATTLE, WA2021 WAS MARKED BY THREE MAJOR SURGES IN COVID-19 VOLUMES, A NATIONAL SHORTAGE OF HEALTH CARE PERSONNEL, AS WELL AS DEFERRALS OF NON-EMERGENT CARE. EVEN WITH THESE TREMENDOUS CHALLENGES, THE PROVIDENCE FAMILY OF ORGANIZATIONS CONTINUED TO INVEST IN OUR COMMUNITIES, GUIDED BY OUR STRATEGIC PLAN AND OUR COMMUNITY BENEFIT PRIORITIES.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORTENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSOVER THE LAST TWO YEARS, PROVIDENCE ADVANCED A SOCIAL RESPONSIBILITY FRAMEWORK THAT INCLUDES A STRONGER COMMITMENT TO DIVERSITY, EQUITY, INCLUSION, AND ENVIRONMENTAL STEWARDSHIP. WE UPDATED OUR INTEGRATED STRATEGIC & FINANCIAL PLAN TO MORE CLEARLY EXPRESS OUR COMMITMENT AND ACCELERATION OF THIS IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES IN THE COMMUNITIES WE SERVE. PROVIDENCE'S SOCIAL RESPONSIBILITY FRAMEWORK AIMS TO DEPLOY THE ASSETS OF OUR SYSTEM TO SUPPORT COMMUNITY HEALTH IMPROVEMENT, STRENGTHEN LOCAL ECONOMIES AND REDUCE OUR CARBON FOOTPRINT. IN 2021, OUR SUSTAINABLE AND INCLUSIVE PURCHASING PROGRAM COMMITTED TO INCREASE OUR SPEND WITH WOMEN AND MINORITY OWNED BUSINESS ENTERPRISES BY OVER $300 MILLION ACROSS THE NEXT FIVE YEARS. WE ALSO DEPLOY AN INVESTING PORTFOLIO WHICH INCLUDES SHAREHOLDER ADVOCACY, IMPACT INVESTING, AND SOCIALLY CONSCIOUS PORTFOLIO SCREENS. IN 2021, PROVIDENCE MADE PROGRESS TOWARDS ITS CLIMATE COMMITMENT TO BECOME CARBON NEGATIVE BY 2030. WE ARE IMPLEMENTING AN ENVIRONMENTAL STEWARDSHIP SYSTEM STRATEGY THAT ENCOURAGES WASTE REDUCTIONS, EFFICIENT ENERGY AND WATER USE, LOCAL AGRICULTURE PARTNERSHIPS, LESS TOXIC AND FEWER CHEMICAL USE, AND A REDUCTION IN CARBON FROM TRAVEL.REALIZING OUR MISSION:TO SUPPORT THE OVERALL MISSION OF PROVIDENCE, PROVIDENCE ALASKA FOUNDATION'S SPECIFIC VISION IS TO BE AN ACTIVE PHILANTHROPIC PARTNER FUNDING INNOVATIVE, SUSTAINABLE, AND COLLABORATIVE ADVANCEMENTS IN HEALTH INITIATIVES IN THE COMMUNITIES WE SERVE. THIS ACTIVITY IS DONE THROUGH PHILANTHROPIC EFFORTS WITH OUR COMMUNITY PARTNERS. IN 2021, GIFTS TO THE PROVIDENCE ALASKA FOUNDATION FUNDED VITAL PROGRAMS AND EQUIPMENT THROUGHOUT THE PROVIDENCE ALASKA REGION MEETING THE HEALTH CARE NEEDS OF ALASKANS AS THEY JOURNEY THROUGH LIFE. PROGRAM SERVICE ACCOMPLISHMENTS: THESE IMPORTANT SERVICES INCLUDE: * CONTINUED COVID RESPONSE & RECOVERY INITIATIVES * HEALTH EDUCATION FOR TOPICS SUCH AS: PARENTING, NEW FAMILIES, SAFE KIDS, TRAUMA RESPONSE FIRST-AID* FAMILY SUPPORT SERVICES FOR PEDIATRIC PATIENTS AND THEIR FAMILIES * CHARITY CARE * MEDICAL EQUIPMENT AND SUPPLIES * CONTINUING EDUCATION FOR CLINICAL STAFF * COMFORT CARE CARTS FOR CRITICAL OR END OF LIFE PATIENTS AND FAMILIES* BASIC NECESSITIES SUCH AS CLOTHING OR CARE ITEMS FOR SAFE PATIENT DISCHARGE * ALASKA CARES CHILD ADVOCACY CENTER OPERATIONS SUPPORT * BEHAVIORAL HEALTH PROGRAM SUPPORT FOR ALL AGES, BUT SPECIFIC FOCUS ON ADOLESCENTS * CAREGIVER EMERGENCY ASSISTANCE FOR EMPLOYEES EXPERIENCING A CRISIS AS APPROVED THROUGH SPIRITUAL CARE'S APPLICATION AND REVIEW AWARDING PROCESS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denali Kemppel Vice Chair | OfficerTrustee | 1 | $0 |
Suzanne Carte-Cocroft President | OfficerTrustee | 50 | $0 |
Jason Criqui Chair | OfficerTrustee | 1 | $0 |
Mark Kneedler Secretary | OfficerTrustee | 1 | $0 |
Kate Slyker Treasurer | OfficerTrustee | 1 | $0 |
Preston Simmons Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $144,261 |
Related organizations | $1,348,354 |
Government grants | $2,008,217 |
All other contributions, gifts, grants, and similar amounts not included above | $3,652,280 |
Noncash contributions included in lines 1a–1f | $40,701 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,153,112 |
Total Program Service Revenue | $0 |
Investment income | $1,290,427 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $494,663 |
Net Income from Fundraising Events | -$10,049 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,928,783 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,893,290 |
Grants and other assistance to domestic individuals. | $710,765 |
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 | $971,317 |
Pension plan accruals and contributions | $10,366 |
Other employee benefits | $7,010 |
Payroll taxes | $8,341 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,158 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $78,989 |
Fees for services: Investment Management | $124,822 |
Fees for services: Other | $34,033 |
Advertising and promotion | $41,155 |
Office expenses | $89,283 |
Information technology | $7,764 |
Royalties | $0 |
Occupancy | $67,617 |
Travel | $24,385 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,176 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $16,095 |
Total functional expenses | $12,094,014 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $852,877 |
Pledges and grants receivable | $4,069,414 |
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 | $7,182 |
Net Land, buildings, and equipment | $12,500 |
Investments—publicly traded securities | $46,256,102 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,340,817 |
Total assets | $54,538,892 |
Accounts payable and accrued expenses | $139,843 |
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 | $3,290,804 |
Total liabilities | $3,430,647 |
Net assets without donor restrictions | $21,775,831 |
Net assets with donor restrictions | $29,332,414 |
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 | $54,538,892 |
Over the last fiscal year, Providence Alaska Foundation has awarded $9,508,412 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Renton, WA PURPOSE: OPERATIONAL SUPPORT | $8,158,412 |
Anchorage, AK PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $925,000 |
Anchorage, AK PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $300,000 |
Anchorage, AK PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $50,000 |
Rch Palos Vrd, CA PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $37,500 |
Anchorage, AK PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $37,500 |
Over the last fiscal year, we have identified 3 grants that Providence Alaska Foundation has recieved totaling $107,336.
Awarding Organization | Amount |
---|---|
Providence Health & Services Washington Renton, WA PURPOSE: COMMUNITY BENEFIT RESTRICTED GRANT | $89,736 |
Alaska Community Foundation Anchorage, AK | | $17,250 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $350 |
Beg. Balance | $14,468,057 |
Earnings | $2,876,865 |
Net Contributions | $204,292 |
Grants | $328,854 |
Ending Balance | $17,220,360 |
Organization Name | Assets | Revenue |
---|---|---|
Astria Health Sunnyside, WA | $26,448,453 | -$38,838,111 |
Providence Alaska Foundation Anchorage, AK | $54,538,892 | $8,928,783 |
Washington Health Care Association Tumwater, WA | $5,031,223 | $5,030,838 |
Confluence Health Foundation Wenatchee, WA | $22,998,436 | $2,734,247 |
Community Health Worker Coalition For Migrants And Refugees Edmonds, WA | $682,904 | $1,461,228 |
Sunnyside Home Health Sunnyside, WA | $883,950 | $987,270 |
Association Of Washington Health Care Plans Olympia, WA | $316,643 | $479,062 |
Sit And Be Fit Spokane, WA | $404,003 | $670,665 |
Hospice Foundation For Jefferson Healthcare Port Townsend, WA | $695,578 | $148,428 |
Cts Health Renton, WA | $442,365 | $0 |
Virginia Mason Health System Seattle, WA | $3,340,458 | $0 |
Multicare Rehabilitation Specialists Pc Tacoma, WA | $6,775,366 | $3,275,929 |