Renown Health Foundation
- Assets
- $40.5m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Reno, NV
- Founding
- 10/1985
- Data as of
- 12/2022
- EIN
- 94-2972749
Organization Overview
Renown Health Foundation is located in Reno, NV. The organization was established in 1985. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, 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. Renown Health 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 12/2022, Renown Health Foundation generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $7.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Renown Health Foundation has awarded 38 individual grants totaling $43,640,813. 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
FUNDRAISING FOR RENOWN HEALTH AND AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE ORENOWN HEALTH IS RENO'S ONLY NOT-FOR-PROFIT HOSPITAL. COMMUNITY SUPPORT AND PARTNERSHIP ARE ESSENTIAL TO THE SERVICES WE PROVIDE AND DONOR CONTRIBUTIONS OF ANY SIZE MAKE A SIGNIFICANT IMPACT ON OUR COMMUNITY. RENOWN HEALTH FOUNDATION, FOUNDED IN 1985, CARRIES FORWARD AN ESSENTIAL TRADITION - PAIRING DONOR SUPPORT WITH OUR COMMUNITY'S MOST VITAL NEEDS. SUPPORT FOR RENOWN HEALTH FOUNDATION STAYS HERE TO FUND AND SUPPORT PATIENTS THROUGH ENHANCED PREVENTION AND EDUCATION PROGRAMS, STATE-OF-THE-ART EQUIPMENT, AND IMPORTANT MEDICAL RESEARCH. RENOWN HEALTH FOUNDATION IS WORKING HARD TO ENSURE FAMILIES HAVE ACCESS TO CARE, NOW AND INTO THE FUTURE. HERE ARE A FEW RECENT PROJECTS AND PROGRAMS THAT SHOW THE IMPACT OF DONATIONS: * RENOWN CHILDREN'S HOSPITAL ENDOWMENT FUND * WILLIAM N. PENNINGTON CANCER INSTITUTE AT RENOWN * PATIENT ASSISTANCE * CHILD LIFE PROGRAM * CLINICAL TRAINING AND EDUCATIONRENOWN HEALTH IS FOCUSED ON BEING THE DESTINATION FOR OUR COMMUNITY'S HEALTH AND HEALTHCARE NEEDS. RENOWN HEALTH FOUNDATION RAISES FUNDS FOR ALL OUR MAJOR SERVICE LINES, INCLUDING CANCER, HEART AND VASCULAR HEALTH, REHABILITATION, PEDIATRIC SERVICES AND BEHAVIORAL HEALTH AND ADDICTION. FOR THE SIX-MONTH PERIOD ENDED DECEMBER 31, 2022, RENOWN HEALTH FOUNDATION, ALONG WITH ITS PARENT, RENOWN HEALTH AND ITS SUBSIDIARIES, PROVIDED APPROXIMATELY $99 MILLION IN BENEFIT TO THE COMMUNITY (USING COMMUNITY BENEFIT NUMBERS GATHERED BY THE NEVADA HOSPITAL ASSOCIATION USING STATE-APPROVED CRITERIA TO ENSURE CONSISTENCY). FOR A FULL REPORT ON THE BENEFIT RENOWN HEALTH PROVIDED TO OUR COMMUNITY, AS WELL AS OUR COMMUNITY NEEDS ASSESSMENT AND COMMUNITY BENEFIT PLAN, GO TO HTTPS://WWW.RENOWN.ORG/ABOUT/COMMUNITY-COMMITMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josiah Johnson - President (jul-Nov)/chief Of Staff | Officer | 9 | $0 |
Thomas Graf - Ceo Jul-Nov Chief Clinical & Quality Officer | OfficerTrustee | 9 | $0 |
Ann Beck Chief Financial Officer | Officer | 2 | $0 |
Anthony Slonim Former Officer | 0 | $0 | |
Brian Erling President/ceo (nov-Dec) | OfficerTrustee | 9 | $0 |
Philip Landis Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,590 |
| Related organizations | $0 |
| Government grants | $110,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,422,887 |
| Noncash contributions included in lines 1a–1f | $21,532 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,608,957 |
| Total Program Service Revenue | $0 |
| Investment income | $499,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$8,412 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,100,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,516,320 |
| 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 | $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 | $2,890 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $89,837 |
| Total functional expenses | $7,609,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,212,905 |
| Pledges and grants receivable | $1,524,288 |
| 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 | $19,522,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $263,631 |
| Total assets | $40,523,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $533,973 |
| 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 | $704,802 |
| Total liabilities | $1,238,775 |
| Net assets without donor restrictions | $7,242,999 |
| Net assets with donor restrictions | $32,041,763 |
| 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 | $40,523,537 |
Grants Awarded
Over the last fiscal year, Renown Health Foundation has awarded $7,516,320 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RENOWN REGIONAL MEDICAL CENTER PURPOSE: Equipment Purchases | $5,824,677 |
HOMETOWN HEALTH MANAGEMENT COMPANY PURPOSE: Equipment Purchases | $1,169,860 |
RENOWN HEALTH PURPOSE: Research Study | $62,569 |
RENOWN SOUTH MEADOWS MEDICAL CENTER PURPOSE: Equipment Purchases | $373,128 |
RENOWN MEDICAL SCHOOL ASSOCIATES NORTH INC PURPOSE: Equipment Purchases | $78,667 |
RENOWN TRANSITIONAL CARE SERVICES PURPOSE: Equipment Purchases | $7,419 |