Santa Barbara Cottage Hospital Foundation in Santa Barbara, California (CA)

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Santa Barbara Cottage Hospital Foundation
Employer Identification Number (EIN)953802238
Name of OrganizationSanta Barbara Cottage Hospital Foundation
In Care of NameJoan Bricher
AddressPO BOX 689, Santa Barbara, CA 93102-0689
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1984
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$274,109,674
Amount of Income$72,597,284
Form 990 Revenue Amount$27,223,293
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Single Organization Support


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Amount of income in 2013: $72,597,284
Santa Barbara Cottage Hospital Foundation: 

 $72,597,284
Other organizations performing similar types of work: 

 $423,049

Assets in 2013: $274,109,674
This organization: 

 $274,109,674
Other organizations performing similar types of work: 

 $987,793

Expenses in 2013: $5,179,238
This organization: 

 $5,179,238
Other organizations performing similar types of work: 

 $213,481

Income to expenses ratio in 2013: 14.0
This organization: 

 14.0
Other organizations performing similar types of work: 

 2.8

Expenses allocated to program services in 2007: 68.3%
Santa Barbara Cottage Hospital Foundation: 

 68.3%
Other organizations performing similar types of work: 

 81.7%

Grants share in income in 2013: 36.3%
This organization: 

 36.3%
Other organizations performing similar types of work: 

 52.7%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Support schedule

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYes
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?YesNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?YesYes
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 10961328
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return00
Did the organization file all required federal employment tax returns?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYes
Did the organization notify the donor of the value of the goods or services provided?YesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0
Total reportable compensation from related organizations$2,271,039$2,477,127
Total estimated amount of other compensation from the organization and related organizations$1,068,200$1,156,283
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization300
Statement of Revenue
201120122013
Total revenue$12,330,117$9,953,748$27,223,293
Contributions, Gifts, Grants and Other Similar Amounts$6,667,970$3,998,426$9,889,454
Program Service Revenue$0$106,589$173,034
900099$106,589$173,034
All other program service revenue$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,730,197$3,691,488$10,113,937
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$70,355$88,409$62,130
Net rental income$618,699$803,183$576,167
Gross rents (Real / Personal)$1,664,278 / $0$1,850,314 / $0$1,880,575 / $0
Less: rental expenses (Real / Personal)$1,045,579 / $0$1,047,131 / $0$1,304,408 / $0
Rental income or (loss) (Real / Personal)$618,699 / $0$803,183 / $0$576,167 / $0
Net gain/loss from sales of assets other than inventory$2,168,090$1,196,284$6,221,113
Gross amount from sales of assets other than inventory (Securities / Other)$77,572,744 / $0$59,457,289 / $0$50,139,591 / $0
Less: cost or other basis and sales expenses (Securities / Other)$75,404,654 / $0$58,261,005 / $0$43,918,478 / $0
Gain or (loss) (Securities / Other)$2,168,090 / $0$1,196,284 / $0$6,221,113 / $0
Net income/loss from fundraising events$0$0$141,880
Gross income from fundraising events$0$0$292,985
Less: direct expenses$0$0$151,105
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$74,806$69,369$45,578
900099$15,380$41,105
900099$53,989$4,473
All other revenue$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$5,987,745$6,097,512$5,179,238
Grants and other assistance to domestic organizations and domestic governments$881,071$30,967
Grants and other assistance to domestic individuals$147,866$546,319
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$0$0$0
Pension plan accruals and contributions$0$0
Other employee benefits$0$0
Payroll taxes$0$0$0
Fees for services (non-employees)
Management$2,569,101$0
Legal$8,593$31,060
Accounting$185,795$89,185
Lobbying$0$0
Professional fundraising services$87,884$105,596$0
Investment management fees$797,847$827,705
Other$0$145,949
Advertising and promotion$0$0
Office expenses$416,894$344,937
Information technology$54,615$0
Royalties$0$0
Occupancy$12,501$0
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$0$0
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$543,979$543,694
Insurance$12,120$7,792
Other expenses$20,473$113,031
Other expenses$53,792$114,289
Other expenses$248,340$2,384,310
Balance Sheet
201120122013
Total assets$235,387,874$240,484,953$274,109,674
Cash - non-interest-bearing$0$0
Savings and temporary cash investments$20,092,122$4,240,288
Pledges and grants receivable, net$18,503,209$18,153,879
Accounts receivable, net$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$15,339,423$13,273,836
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$632,346$98,409
Land, buildings, and equipment: cost or other basis$25,951,085$25,407,391
Investments - publicly traded securities$92,898,078$135,029,121
Investments - other securities$57,460,031$66,491,574
Investments - program-related$0$0
Intangible assets$0$0
Other assets$9,608,659$11,415,176
Total liabilities$5,512,593$8,933,608$3,105,046
Accounts payable and accrued expenses$5,461,202$633,887
Grants payable$0$0
Deferred revenue$541,781$464,642
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$2,930,625$2,006,517
Total net assets or fund balances$229,875,281$231,551,345$271,004,628
Unrestricted net assets$174,116,092$205,812,305
Temporarily restricted net assets$53,567,993$59,961,089
Permanently restricted net assets$3,867,260$5,231,234
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$29,916,699
Subtotal Support$34,513,037
Gifts, grants, contributions, and membership fees received$34,513,037
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$4,596,338
Total Support$69,036,624
Public Support$34,513,037
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$34,035,028
Net income from unrelated business activities, whether or not the business is regularly carried on$141,880
Other income. Do not include gain or loss from the sale of capital assets$346,679
Gross receipts from related activities, etc.$279,623
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200520062007
Total revenue$35,179,090$5,416,961$1,518,097$9,186,242$48,702,470$45,868,512$37,870,006
Contributions, gifts, grants, and similar amounts received$3,207,808$3,364,360$2,519,543$2,198,633$21,393,485$20,212,474$16,830,576
Contributions to donor advised funds$0$0
Direct public support$3,207,808$2,263,319$2,519,543$2,198,633$21,393,485$20,212,474$16,830,576
Indirect public support$0$1,101,041$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$182,287$186,537$184,279$0$0$0
Membership dues and assessments$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$33,285$30,397$8,857$6,872$29,691$490,734$574,672
Dividends and interest from securities$6,506,987$5,520,858$4,129,007$3,309,881$5,129,555$2,858,006$3,560,635
Net rental income or (loss)$-18,493$0$0$24,700$-252,445$542,682$44,886
Gross rents$33$0$0$303,591$528,429$1,435,314$1,364,344
Less: rental expenses$18,526$0$0$278,891$780,874$892,632$1,319,458
Other investment income$0$76,835$33,774$76,738$6,086,963$9,167,646$446,464
Gain or (loss) from sales of assets other than inventory$25,445,293$-3,818,190$-5,523,239$3,283,284$16,242,032$12,458,180$16,289,493
Gross amount from sales of assets other than inventory$171,842,926$116,464,177$104,998,897$157,071,620$127,769,514$103,480,378$142,653,020
Less: cost or other basis and sales expenses$146,397,633$120,282,367$110,522,131$153,788,336$111,527,482$91,022,198$126,363,527
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$4,210$60,414$163,618$101,854$73,189$138,790$123,280
Total expenses$5,932,823$11,248,203$10,495,416$10,509,749$11,641,960$13,228,905$14,533,296
Program services$4,611,390$7,718,089$8,946,855$8,027,230$7,537,345$8,736,393$9,931,262
Management and general$1,165,514$1,261,261$1,268,880$1,383,420$2,546,151$2,874,577$2,680,883
Fundraising$85,819$396,873$529,681$484,622$1,558,464$1,617,935$1,921,151
Payments to affiliates$70,100$1,871,980$-250,000$614,477$0$0$0
Net assets or fund balances at end of year$235,003,349$220,531,592$184,186,886$222,412,756$280,723,837$326,553,417$358,581,320
Excess or (deficit) for the year$29,246,267$-5,831,242$-8,977,319$-1,323,507$37,060,510$32,639,607$23,336,710
Net assets or fund balances at beginning of year$246,928,194$235,003,349$220,531,592$184,186,886$249,785,413$280,723,837$326,553,417
Other changes in net assets or fund balances$-41,171,112$-8,640,515$-27,367,388$39,549,377$-6,122,086$13,189,973$8,691,193
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$14,533,296$9,931,262$2,680,883$1,921,151
Grants paid from donor advised funds$0
Other grants and allocations$9,931,262
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$238,592$0$238,592$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$125,661$0$0$125,661
Accounting fees$38,359$0$38,359$0
Legal fees$58,392$0$58,392$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$555,361$0$555,361$0
Other expenses not covered above$3,585,669$0$1,790,179$1,795,490
Balance Sheets
2000200120022003200520062007
Total assets$236,166,778$223,299,592$186,520,069$226,199,171$284,092,002$331,625,792$364,683,176
Cash - non-interest-bearing$100,682$87,866$0$0$0$0$0
Savings and temporary cash investments$0$402,001$1,773,822$716,092$19,821,921$17,799,913$12,033,226
Accounts receivable less allowance for doubtful accounts$21,263$0$0$0$1,146,573$0$0
Pledges receivable less allowance for doubtful accounts$0$375,000$250,000$935,409$16,527,709$19,674,897$23,699,719
Grants receivable$2,493,049$2,348,693$2,096,848$2,264,259$4,622,818$8,716,500$9,394,665
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$2,955,578$3,850,103$2,791,246$3,637,995$636,420$1,337,527$1,887,066
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$500,000$0$0
Investments - publicly-traded securities$177,163,213$199,257,567
Investments - other securities$229,899,084$214,423,142$176,608,543$197,869,935$164,819,138$0$0
Investments - land, buildings, and equipment less accumulated depreciation$697,122$1,787,088$1,772,430$20,749,783$21,480,106$35,785,424$36,010,614
Investments - other$0$25,698$25,698$25,698$54,537,317$69,681,247$80,814,103
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Other assets, including program-related investments$0$1$1,201,482$0$0$1,467,071$1,586,216
Total liabilities$1,163,430$2,768,000$2,333,183$3,786,416$3,368,165$5,072,375$6,101,856
Accounts payable and accrued expenses$40,906$341,333$420,380$460,880$551,844$820,091$1,067,948
Grants payable$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$1,122,524$2,426,667$1,912,803$3,325,536$2,816,321$4,252,284$5,033,908
Total liabilities and net assets/fund balances$236,166,778$223,299,592$186,520,069$226,199,171$284,092,002$331,625,792$364,683,176
Total net assets or fund balances$235,003,349$220,531,592$184,186,886$222,412,756$280,723,837$326,553,417$358,581,320
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200520062007
Total revenue$19,938,991$5,416,961$1,518,097$9,186,242$48,702,470$45,868,512$37,870,006
Total revenue, gains, and other support per audited financial statements$-5,933,476$4,315,920$1,518,097$9,186,242$49,759,313$46,821,414$47,880,657
Other expenses$-25,872,467$0$0$0$275,969$60,270$8,691,193
Net unrealized gains on investments$-25,445,293$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$-427,174$0$0$0$275,969$60,270$8,691,193
Other revenue$0$1,101,041$0$0$-780,874$-892,632$-1,319,458
Investment expenses$0$0$0$0$0$0$0
Other$0$1,101,041$0$0$-780,874$-892,632$-1,319,458
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200520062007
Total expenses$5,991,369$11,248,203$10,495,416$10,509,749$11,641,960$13,228,905$14,533,296
Total expenses and losses per audited financial statements$5,991,369$9,376,223$33,203,416$10,509,749$12,058,768$13,708,065$15,852,754
Other revenue$0$0$22,708,000$0$780,874$892,632$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$22,458,000$0$0$0$0
Other$0$0$250,000$0$780,874$892,632$0
Other expenses$0$1,871,980$0$0$364,066$413,472$-1,319,458
Investment expenses$0$0$0$0$0$0$0
Other$0$1,871,980$0$0$364,066$413,472$-1,319,458
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$18,818$0$0
40$172,796$0$0
40$46,978$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings16
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$59,752$20,979,678$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$574,672$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$3,560,635$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$44,886$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment incomeUnrelated debt-financed activities other than rental of real estate$59,752Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$386,712$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$16,289,493$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$123,280$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
1999200020012002200420052006
Total$0$0$0$0$0$24,910,203$25,880,496
Gifts, grants, and contributions received$0$0$0$0$0$13,062,376$11,790,006
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$11,774,638$13,951,700
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$73,189$138,790
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$-633,003$0$-633,003
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-633,003$0$-633,003
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$5,194
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$5,194
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-638,197
Unrelated business taxable income before net operating loss deduction$-638,197
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-638,197
Specific deduction$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Redlands Health Foundation350 Terracina Blvd, Redlands, CA 92373-4850CA2001-02$731,760,323
2California Pacific Medical Center Foundation2015 Steiner St, San Francisco, CA 94115-2627CA1981-07$194,800,280
3Santa Barbara Cottage Hospital FoundationPO BOX 689, Santa Barbara, CA 93102-0689CA1984-06$72,597,284
4Hoag Hospital Foundation500 Superior Avenue, Newport Beach, CA 92663-3657CA1978-05$54,347,214
5Providence Health & Services Foundation, San Fernando & Santa Clarita Valley501 S Buena Vista St, Burbank, CA 91505-4809CA1980-12$24,517,263
6Community Health CorpRiverside, CA 92501CA$13,305,039
7John Muir Foundation1400 Treat Boulevard No 300, Walnut Creek, CA 94597-2142CA1980-06$8,658,008
8St Johns Healtcare Foundation Oxnard And Pleasant Valley, Nusbaum Nathan R1600 N Rose Ave, Oxnard, CA 93030-3722CA1946-03$7,427,421
9Visiting Nurse And Hospice Care Of Santa Barbara Foundation509 E Montecito St Ste 200, Santa Barbara, CA 93103-3293CA1993-08$5,112,938
10St Vincent Foundation2200 W 3rd St Ste 200, Los Angeles, CA 90057-1935CA1984-09$2,214,239
11Verdugo Hills Professional BuildingsGlendale, CA 91208CA$2,059,672
12Charter Auxiliary For Children, Stanford400 Hamilton Ave Ste 340, Palo Alto, CA 94301-1805CA1970-06$205,026
13Fairchild Medical Center Foundation Inc444 Bruce St, Yreka, CA 96097-3450CA1995-06$120,418
14Dr Richard Grossman Community Foundation1464 Hidden Valley Rd, Thousand Oaks, CA 91361-5004CA2004-10$1,615,827
15Antelope Valley Hospital Foundation1600 W Avenue J, Lancaster, CA 93534-2814CA1975-12$749,044
16Paradise Valley Hospital Foundation2100 Douglas Blvd, Roseville, CA 95661-3804CA2004-06$442,058
17Desert Hospital AuxiliaryPO BOX 2739, Palm Springs, CA 92263-2739CA1957-12$407,231
18Mens Guild Of Childrens Hospital Los Angeles4650 Sunset Blvd Ste M/S 4, Los Angeles, CA 90027-6062CA2006-08$129,430
19Memoral Hospital At Exeter Foundation And Service Guild136 N E St, Exeter, CA 93221-1729CA2000-12$71,422
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Number of organizations performing similar types of work
Alaska4
Alabama1
Arkansas8
Arizona8
California43
Colorado13
Connecticut5
District of Columbia4
Delaware1
Florida21
Georgia18
Hawaii8
Iowa14
Idaho4
Illinois37
Indiana12
Kansas8
Kentucky12
Louisiana13
Massachusetts16
Maryland8
Maine2
Michigan25
Minnesota18
Missouri24
Mississippi1
Montana4
North Carolina19
North Dakota6
Nebraska7
New Hampshire1
New Jersey14
New Mexico1
Nevada4
New York47
Ohio29
Oklahoma13
Oregon12
Pennsylvania21
Rhode Island5
South Carolina12
South Dakota4
Tennessee7
Texas49
Utah5
Virginia20
Vermont3
Washington16
Wisconsin17
West Virginia6
Wyoming5
International10
Total665

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