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EIN 95-3802238

Santa Barbara Cottage Hospital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Santa Barbara
State
California
Year formed
1982
Most recent tax filings
2023-12-01
NTEE code, primary
E11: Health Care Single Organization Support
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
$69,062,685
2023
Total expenses
$16,321,842
2023
Total assets
$273,586,783
2023
Num. employees
0
2023

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$9,504,304
Cottage HealthSupport of Population Health Programs$841,672
The Westmont College FoundationSupport of the Bachelor's in Science, Nursing Program$96,000

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
Herbert and Bui Simon FoundationTo Support the Charitable, Scientific, and Educational Activities of Santa Barbara Cottage Hospital$200,000
...and 47 more grants received totalling $11,826,465

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
Edward BentleySecretary / Director$0
...and 12 more key personnel

Financials for Santa Barbara Cottage Hospital Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$60,821,825
Program services$212,471
Investment income and dividends$2,515,263
Tax-exempt bond proceeds$0
Royalty revenue$47,092
Net rental income$126,775
Net gain from sale of non-inventory assets$5,579,408
Net income from fundraising events$-240,149
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$69,062,685

Form 990s for Santa Barbara Cottage Hospital Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Used new vendors
Identified 1 new vendor, including
November 26, 2024
Received grants
Identified 4 new grant, including a grant for $50,000 from Rite Aid Healthy Futures
August 25, 2024
Received grants
Identified 9 new grant, including a grant for $50,000 from The Diskant Family Foundation
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
Nonprofit Types
Hospital foundationsGrantmaking organizationsDisease research fundraisersHealth organizationsHeadquarter / parent organizationsCharities
Issues
HealthCommunity improvement
Characteristics
Funds one specific organizationProvides grantsConducts researchFundraising eventsOperates 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
052004
FTB Entity ID
1175320
AB 488 data last updated ("as-of") date
2024-12-31
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