Emanate Health Foundation
- Assets
- $18.3m
- Revenue
- $1.7m
- Investments
- $17.5m
- Employees
- 8
- Location
- Covina, CA
- Founding
- 09/1968
- Data as of
- 12/2021
- EIN
- 95-2534063
Organization Overview
Emanate Health Foundation is located in Covina, CA. The organization was established in 1968. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Emanate Health Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emanate 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 12/2021, Emanate Health Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Emanate Health Foundation has awarded 20 individual grants totaling $9,105,899. 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
FUND DEVELOPMENT PROGRAMS FOR EMANATE HEALTH MEDICAL CENTER, EMANATE HEALTH FOOTHILL PRESBYTERIAN HOSPITAL, AND EMANATE HEALTH HOSPICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUND DEVELOPMENT PROGRAMS FOR EMANATE HEALTH MEDICAL CENTER, EMANATE HEALTH HOSPICE, AND FOOTHILL PRESBYTERIAN HOSPITAL, WHICH ARE ALSO EXEMPT ENTITIES.
FUNDING OF ECHO PROGRAM - EVERY CHILD'S HEALTHY OPTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Jett Treasurer | OfficerTrustee | 2 | $0 |
Robert H Curry See Sch O Board Of Directors | OfficerTrustee | 2 | $0 |
Lisa Fuerst Chair | OfficerTrustee | 2 | $0 |
Kenneth Kasamatsu Secretary | OfficerTrustee | 2 | $0 |
Michelle Stoddard Ms Cspg Ceo, Ehf, Until 3/5/21 | OfficerTrustee | 40 | $0 |
Mary Ann Quay Vice Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $48,771 |
| Membership dues | $0 |
| Fundraising events | $433,395 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $456,025 |
| Noncash contributions included in lines 1a–1f | $133,009 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $945,691 |
| Total Program Service Revenue | $5,000 |
| Investment income | $623,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $190,928 |
| Net Income from Fundraising Events | -$72,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,736,051 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,027,287 |
| 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. | $396,809 |
| Compensation of current officers, directors, key employees. | $7,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,482 |
| Other employee benefits | $121,815 |
| Payroll taxes | $30,128 |
| Fees for services: Management | $12,000 |
| Fees for services: Legal | $418 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,487 |
| Fees for services: Other | $5 |
| Advertising and promotion | $0 |
| Office expenses | $5,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,402 |
| Insurance | $0 |
| All other expenses | -$92,801 |
| Total functional expenses | $1,724,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,017 |
| Savings and temporary cash investments | $319,100 |
| Pledges and grants receivable | $473,000 |
| Accounts receivable, net | $9,176 |
| 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 | $3,333 |
| Net Land, buildings, and equipment | $32,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $17,455,387 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,294,763 |
| Accounts payable and accrued expenses | $19,616 |
| 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 | $1,288,028 |
| Total liabilities | $1,307,644 |
| Net assets without donor restrictions | $7,491,235 |
| Net assets with donor restrictions | $9,495,884 |
| 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 | $18,294,763 |
Grants Awarded
Over the last fiscal year, Emanate Health Foundation has awarded $1,027,287 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Covina, CA PURPOSE: TO PROVIDE FUNDING TO ASSIST OPERATIONS OF ITS ACUTE CARE FACILITY. | $909,032 |
Covina, CA PURPOSE: TO PROVIDE FUNDING TO ASSIST OPERATIONS OF ITS ACUTE CARE FACILITY. | $92,366 |
Covina, CA PURPOSE: TO PROVIDE FUNDING TO ASSIST WITH SERVICES TO TERMINALLY ILL PATIENTS AND HOME HEALTH CARE NURSING SERVICES. | $25,889 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Emanate Health Foundation has recieved totaling $195,561.
| Awarding Organization | Amount |
|---|---|
Unihealth Foundation Los Angeles, CA PURPOSE: NUTRITION FOR LIFE | $190,100 |
Richter Family Foundation Glendale, CA PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $361 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Endowment Analysis
| Beg. Balance | $6,490,990 |
| Net Contributions | $12,123 |
| Ending Balance | $6,503,113 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Cochise Community Hospital Inc Willcox, AZ | $20,177,243 | $20,842,048 |
Sharp Healthcare Foundation San Diego, CA | $131,027,036 | $23,927,952 |
Molokai General Hospital Kaunakakai Molokai, HI | $24,900,485 | $18,403,265 |
South Lyon Health Center Inc Yerington, NV | $12,479,449 | $17,444,997 |
Santa Teresita Inc Duarte, CA | $33,884,030 | $11,712,554 |
San Fernando Community Hospital San Fernando, CA | $15,167,403 | $13,045,007 |
Soulistic Medical Institute Tubac, AZ | $5,065,904 | $11,589,434 |
Mercy Foundation Rancho Cordova, CA | $58,980,931 | $11,466,050 |
Feather River Hospital Roseville, CA | $102,819,341 | $4,238,478 |
Surprise Valley Health Care District Cedarville, CA | $5,751,575 | $9,137,773 |
Sihanouk Hosiptal Corporation San Diego, CA | $2,845,780 | $8,524,601 |
Westcare Illinois Inc Las Vegas, NV | $4,249,058 | $8,201,821 |