Santa Barbara Cottage Hospital Foundation

Organization Overview

Santa Barbara Cottage Hospital Foundation is located in Santa Barbara, CA. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Santa Barbara Cottage 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 12/2022, Santa Barbara Cottage Hospital Foundation generated $45.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $18.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Santa Barbara Cottage Hospital Foundation has awarded 27 individual grants totaling $180,155,125. 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

IT IS THE MISSION OF SANTA BARBARA COTTAGE HOSPITAL FOUNDATION TO SOLICIT, RECEIVE, INVEST, MAINTAIN AND DISTRIBUTE FUNDS FOR THE SUPPORT OF CHARITABLE, SCIENTIFIC, AND EDUCATIONAL ACTIVITIES OF SANTA BARBARA COTTAGE HOSPITAL.

Describe the Organization's Program Activity:

SANTA BARBARA COTTAGE HOSPITAL FOUNDATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION CREATED TO SUPPORT SANTA BARBARA COTTAGE HOSPITAL (HOSPITAL) BY SOLICITING, RECEIVING AND MAINTAINING GIFTS OF MONEY AND PROPERTY AND TO DISTRIBUTE MONEY AND PROPERTY FOR CHARITABLE, SCIENTIFIC AND EDUCATION ACTIVITIES FOR THE HOSPITAL. THE FOUNDATION PROVIDED SUPPORT FOR OPERATIONS OF SANTA BARBARA COTTAGE HOSPITAL. THE FOUNDATION ALSO SUPPORTS MEDICAL EDUCATION IN THE COMMUNITY BY PROVIDING GRANTS TO SANTA BARBARA CITY COLLEGE'S NURSING PROGRAM AND BY PROVIDING SCHOLARSHIPS TO INDIVIDUALS PURSUING A NURSING DEGREE. THE FOUNDATION ALSO PROVIDED SUPPORT TO THE WORKFORCE OF COTTAGE HEALTH THROUGH ITS MORTGAGE ASSISTANCE PROGRAM. THIS PROGRAM PROVIDES A LOW-INTEREST LOAN TO EMPLOYEES WHO ARE PURCHASING A HOME IN THE SANTA BARBARA AREA. EMPLOYEES ARE ELIGIBLE TO RECEIVE UP TO $250,000 OR 15% OF THE PURCHASE PRICE TOWARDS A NEW HOME.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Vice Chair
$0
Name Not Listed
Secretary (part Year)
$0
Name Not Listed
Chair (part Year)
$0
Name Not Listed
Secretary
$0
Name Not Listed
Board Chair
$0
Name Not Listed
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Change For Balance Llc
Fundraising Consulting
$277,250
True Media Llc
Production Services
$162,869
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$35,678,954
Noncash contributions included in lines 1a–1f $201,366
Total Revenue from Contributions, Gifts, Grants & Similar$35,678,954
Total Program Service Revenue$189,766
Investment income $1,917,799
Tax Exempt Bond Proceeds $0
Royalties $81,727
Net Rental Income $426,499
Net Gain/Loss on Asset Sales $5,353,284
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $45,245,201

Grants Awarded

Over the last fiscal year, Santa Barbara Cottage Hospital Foundation has awarded $11,764,960 in support to 4 organizations.

Grant RecipientAmount

SANTA BARBARA COTTAGE HOSPITAL

PURPOSE: Support of Capital and general operations

$10,425,873

COTTAGE HEALTH

PURPOSE: Support of Population Health programs

$1,187,087

CSUCI FOUNDATION

PURPOSE: Support of the Bachelor's in Science, Nursing program in Santa Barbara

$120,000

WESTMONT COLLEGE

PURPOSE: Support of the Bachelor's in Science, Nursing program in Santa Barbara

$32,000
View Grant Profile

Peer Organizations

Organization NameAssets
Intel Retiree Medical Plan Tr
Santa Clara, CA
$46,329,510
High Desert & Inland Employee- Employer Trust
Queen Creek, AZ
$38,439,140
Ucsf Health Medical Foundation
Emeryville, CA
$38,719,230
Phoenix Childrens Hospital Foundation
Phoenix, AZ
$43,462,287
Sheet Metal Workers 16 Health And Welfare Fund
Portland, OR
$32,912,751
Providence Health & Services Foundation
Burbank, CA
$38,275,119
Childrens Health Council Inc
Palo Alto, CA
$43,949,984
California Pacific Medical Center Foundation
Sacramento, CA
$33,143,522
St Joseph Health System Foundation
Irvine, CA
$10,889,533
Banner Health Foundation
Phoenix, AZ
$30,126,773
Providers Insurance Corporation
Honolulu, HI
$20,542,985
John Muir Foundation
Walnut Creek, CA
$58,716,297
Childrens Hospital & Research Center Foundation
Oakland, CA
$26,237,019
Helix Electric Health And Welfare Insurance Trust
San Diego, CA
$20,660,703
Southern Calif Glaziers H&w Tr Fund
Covina, CA
$18,090,899
Santa Barbara Cottage Hospital Foundation
Santa Barbara, CA
$45,245,201
Abc California Health Trust
San Diego, CA
$17,910,643
Gallo Union Health Trust
Modesto, CA
$15,871,343
Providence St Vincent Medical Foundation
Portland, OR
$42,114,354
Aliados Health Network
Petaluma, CA
$14,460,915
Collis P & Howard Huntington Memorial Hospital Trust
Pasadena, CA
$3,371,394
Providence Portland Medical Foundation
Portland, OR
$17,555,616
Onelegacy Foundation
Azusa, CA
$6,075,546
Community Hospital Of Central California Foundation
Fresno, CA
$16,038,598
Kern County Electrical Health And Welfare Fund
Bakersfield, CA
$15,654,386

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