EIN 95-3802238

Santa Barbara Cottage Hospital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1982
Most recent tax filings
2022-12-01
Description
The Santa Barbara Cottage Hospital Foundation solicits, receives, invests, maintains and distributes funds to support charitable, scientific, and educational activities of Santa Barbara Cottage Hospital. As a nonprofit public benefit corporation created to support the hospital, it solicits and maintains gifts of money and property for distribution.
Total revenues
$45,245,201
2022
Total expenses
$17,971,826
2022
Total assets
$240,388,140
2022
Num. employees
0
2022

Program areas at Santa Barbara Cottage Hospital Foundation

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.

Grants made by Santa Barbara Cottage Hospital Foundation

GranteeGrant descriptionAmount
Cottage Health (CH)Support of Capital and General Operations$10,425,873
Cottage HealthSupport of Population Health Programs$1,187,087
California State University Channel Islands FoundationSupport of the Bachelor's in Science, Nursing Program in Santa Barbara$120,000
...and 1 more grant made

Who funds Santa Barbara Cottage Hospital Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Indian Paintbrush FoundationGeneral Support$10,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$370,950
The Coulter Family FoundationReach Higher Together Campaign-To Provide Patients and the Community With the Best Healthcare$250,000
...and 58 more grants received totalling $12,487,775

Personnel at Santa Barbara Cottage Hospital Foundation

NameTitleCompensation
Ronald WerftPresident and Chief Executive Officer$0
Lisa MooreExecutive Vice President and Chief Operating Officer$0
Brett TandeSenior Vice President and Chief Financial Officer$0
Kristin TufvessonSenior Vice President Finance and Chief Financial Officer$0
Dorothy LargayVice Chair / Director$0
...and 11 more key personnel

Financials for Santa Barbara Cottage Hospital Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$35,678,954
Program services$189,766
Investment income and dividends$1,917,799
Tax-exempt bond proceeds$0
Royalty revenue$81,727
Net rental income$426,499
Net gain from sale of non-inventory assets$5,353,284
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,597,172
Total revenues$45,245,201

Form 990s for Santa Barbara Cottage Hospital Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 36 new grant, including a grant for $10,000,000 from Indian Paintbrush Foundation
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 2 new personnel
January 12, 2024
Updated personnel
Identified 1 new personnel
December 29, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Hospital foundationsGrantmaking organizationsDisease research fundraisersHealth organizationsHeadquarter / parent organizationsCharities
Issues
HealthCommunity improvement
Characteristics
Funds one specific organizationProvides grantsConducts researchOperates internationallyState / local levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employees
General information
Address
PO Box 689 Attn Finance Dept
Santa Barbara, CA 93102
Metro area
Santa Maria-Santa Barbara, CA
County
Santa Barbara County, CA
Phone
(805) 287-6903
IRS details
EIN
95-3802238
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Central organization
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