Sharp Healthcare Foundation

Organization Overview

Sharp Healthcare Foundation is located in San Diego, CA. The organization was established in 1980. 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 09/2021, Sharp Healthcare Foundation employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharp Healthcare 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 09/2021, Sharp Healthcare Foundation generated $23.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $17.7m during the year ending 09/2021. While expenses have increased by 7.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Sharp Healthcare Foundation has awarded 41 individual grants totaling $78,398,987. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT AND ASSISTANCE TO SHARP HEALTHCARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SUPPORT AND ASSISTANCE TO SHARP HEALTHCARE. SEE SCHEDULE O FOR COMMUNITY BENEFITS REPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Dir Development Shf
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hyatt Corporation
Conference
$117,310
Gwr Wailea Property Llc
Conference
$113,235
Hst Lessee San Diego Lp
Conference
$105,118
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$2,882
Membership dues$0
Fundraising events$623,075
Related organizations$4,022,620
Government grants $1,775,363
All other contributions, gifts, grants, and similar amounts not included above$7,928,997
Noncash contributions included in lines 1a–1f $730,496
Total Revenue from Contributions, Gifts, Grants & Similar$14,352,937
Total Program Service Revenue$4,727,383
Investment income $1,281,852
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $32,412
Net Gain/Loss on Asset Sales $3,514,577
Net Income from Fundraising Events -$5,324
Net Income from Gaming Activities $8,480
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $23,927,952

Grants Awarded

Over the last fiscal year, Sharp Healthcare Foundation has awarded $12,313,865 in support to 4 organizations.

Grant RecipientAmount

SHARP MEMORIAL HOSPITAL

Org PageRecipient Profile

San Diego, CA

PURPOSE: PROGRAM SUPPORT

$7,245,523

SHARP CHULA VISTA MEDICAL CENTER

Org PageRecipient Profile

San Diego, CA

PURPOSE: PROGRAM SUPPORT

$3,168,657

San Diego, CA

PURPOSE: PROGRAM SUPPORT

$1,874,357

GROSSMONT HOSPITAL CORPORATION

Org PageRecipient Profile

San Diego, CA

PURPOSE: PROGRAM SUPPORT

$25,328
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 35 grants that Sharp Healthcare Foundation has recieved totaling $3,111,703.

Awarding OrganizationAmount
Cushman Foundation

San Diego, CA

PURPOSE: GENERAL/UNRESTRICTED

$750,000
Conrad Prebys Foundation

San Diego, CA

PURPOSE: THE SHARP INNOVATION AND EDUCATION CENTER

$632,128
The Bessemer Giving Fund

Woodbridge, NJ

PURPOSE: GENERAL SUPPORT/NEONATAL RESEARCH INSTITUTE (NRI)/GERIATRIC TRAUMA SHARP MEMORIAL FUND

$450,000
Organization Name not Listed

PURPOSE: GENERAL OPERATING SUPPORT

|

$250,000
Walter C And Stefanie A Zable Family Foundation

Wilmington, DE

PURPOSE: THE SHARP REES-STEALY POPULATION HEALTH AND TELEHEALTH INITIATIVES, AND ADVANCED TECHNOLOGY FUND IN THE NEW SRS MEDICAL CLINICS AND FACILITIES

$200,000
The Manchester Charitable Foundation

San Diego, CA

PURPOSE: PLEDGED DONATION

$200,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,467,744
Earnings$2,453,087
Net Contributions$40,497
Other Expense$14,536
Grants$125,581
Ending Balance$22,821,211

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