EIN 41-1328097

Ridgeview Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1978
Most recent tax filings
2022-12-01
Description
The Ridgeview Foundation partners with Ridgeview Medical Center to make a positive difference in the quality of life and health for the people of Waconia, MN. As an independent nonprofit organization, their mission is to raise funds for the benefit of Ridgeview Medical Center, a not-for-profit hospital. In 2022, they expended $2,284,260 to Ridgeview Medical Center and transferred $1,535,077 to their "cause for community" initiative.
Related structure
Ridgeview Foundation is a subordinate organization under Ridgeview Medical Center.
Total revenues
$2,158,199
2022
Total expenses
$2,763,503
2022
Total assets
$22,122,176
2022
Num. employees
0
2022

Program areas at Ridgeview Foundation

To raise funds for the benefit of Ridgeview medical center, a not-for-profit hospital in waconia, Minnesota. During 2022, Ridgeview Foundation expended $2,284,260 to Ridgeview medical center. Of this, $1,535,077 was transferred to our "cause for community" campaign, which is a fund that allows us to better medically support the 300,000 residents within our seven-county service area, $119,057 was transferred to support covid-related activities, and $310,000 was transferred to the hospital to support the building and furnishing of an emergency department expansion. The remaining $342,234 was transferred to the hospital for various projects and programs during 2022.

Grants made by Ridgeview Foundation

GranteeGrant descriptionAmount
Ridgeview Medical CenterFundraising Support of Ridgeview Medical Center$2,209,837
Ridgeview Sibley Medical CenterFundraising Support of Sibley Medical Center$103,250
Ridgeview Le Sueur Medical CenterFundraising Support of Minnesota Valley Health Center$57,913

Who funds Ridgeview Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ridgeview Medical CenterCapital Contributions$944,558
John and Margie Wiehoff FoundationInfant Ventilator, Nicu Isolette Bed, Transport Isolette, Phototherapy Light and Nurse Training$100,000
Otto Bremer Trust (OBT)Equipment for Medical Simulation Training$75,000
...and 24 more grants received totalling $1,375,683

Personnel at Ridgeview Foundation

NameTitleCompensation
Michael PhelpsPresident and Chief Executive Officer$0
Aaron BloomquistChief Financial Officer$0
Kelly MulleadyExecutive Director
Angela HoffmanDirector of Development
Carla StrubleChair$0
...and 10 more key personnel

Financials for Ridgeview Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,323,370
Program services$0
Investment income and dividends$328,792
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-79,738
Net income from fundraising events$-410,141
Net income from gaming activities$-4,084
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,158,199

Form 990s for Ridgeview Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s

Organizations like Ridgeview Foundation

OrganizationLocationRevenue
Trinity Health FoundationRock Island, IL$2,996,363
Sun Health FoundationSun City West, AZ$7,064,289
Nebraska Methodist Hospital FoundationOmaha, NE$8,369,758
Hays Medical Center FoundationHays, KS$3,684,748
Door County Medical Center FoundationSturgeon Bay, WI$1,231,074
Coxhealth FoundationSpringfield, MO$8,183,625
Calverthealth FoundationPrince Frederick, MD$1,057,947
Passavant Hospital FoundationPittsburgh, PA$2,047,364
Monongahela Valley Hospital FoundationMonongahela, PA$2,491,380
Edward FoundationNaperville, IL$1,530,941
Data update history
July 23, 2024
Received grants
Identified 10 new grant, including a grant for $100,000 from John and Margie Wiehoff Foundation
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $944,558 from Ridgeview Medical Center
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 1 new personnel
October 24, 2023
Received grants
Identified 4 new grant, including a grant for $15,000 from Ray and Nylene Newkirk Family Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
500 S Maple St
Waconia, MN 55387
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Carver County, MN
Phone
(952) 442-6010
IRS details
EIN
41-1328097
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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