EIN 91-0983214

Swedish Medical Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1976
Most recent tax filings
2023-12-01
Description
Swedish Medical Center Foundation is the largest, most comprehensive, nonprofit health-care provider in the Greater Seattle area.
Total revenues
$36,544,463
2023
Total expenses
$25,566,977
2023
Total assets
$147,400,245
2023
Num. employees
0
2023

Program areas at Swedish Medical Center Foundation

Swedish cancer institute (sci) in 2023, philanthropic dollars helped support and significantly advance cancer research, education, patient assistance, and supportive care services. Major research priorities included breast cancer, thoracic, gynecologic, colorectal, hematology and lung cancers, as well as the translational research happening at the paul g. allen research Center at Swedish cancer institute. Our research utilizes a wide array of approaches, including but not limited to advanced diagnostic tools such as gene expression assays, genomic tumor profiling, mri's, pet/ct scans, and lung cancer screening. At the paul g. allen research Center, the focus was on the next frontier in immunotherapies, genomics and gene expression, and early detection and prevention using multi-omic techniques. Supportive care services supported by philanthropy included art and music therapies, social work and counseling, patient assistance, and the theresa jane healthcare careers training program, which provide training and career opportunities for women facing homelessness.swedish neuroscience institute (sni): philanthropy provided a crucial role in advancing various programs and research initiatives at the Swedish neuroscience institute. Funding supported the general spine, movement disorders, and stroke programs. Significant contributions were directed toward the expansion of the catheterization laboratory (cath lab), enhancing its capacity for research and clinical trials. Donor gifts also facilitated the purchase of a next generation neurosurgical ultrasound that has transformed neurosurgical procedures across a variety of specialties, especially in brain tumor operations. This new equipment helps guide surgeons in real time during an operation, increasing the accuracy of tumor removal and improving tumor margins. Additionally, philanthropy facilitated the establishment of new clinic spaces for neurology and neuropsychology staff and programs, specifically supporting the Center for healthy aging and the growth of immuno-oncology services. The institute also advanced personalized small therapeutics, designed to address unmet health needs with individualized treatment solutions. Swedish heart and vascular institute (shvi): philanthropy to the Swedish heart and vascular institute supported enabling expanded clinical trials and research that provided patients with access to promising investigative treatments. Funding was directed toward the cardiovascular perfusion lab, which uses heart perfusion scans to diagnose heart disease and assess the impact of heart attacks or surgeries. Philanthropy also supported the pulmonary embolism response team (pert), a multidisciplinary team focused on optimizing care for patients with pulmonary embolism, through caregiver education and supportive care services. Ongoing dedicated philanthropic support continued to fuel the Swedish comprehensive atrial fibrillation network (scan). This funding has facilitated Swedish cutting the wait time between diagnosis to specialized care appointments in half since the opening of this clinic. Additionally, education on the safety and potential benefits of d-ribose for individuals with coronary artery disease was made possible through generous donations. Finally, spanning across all areas of shvi, the nurse navigator program continues to make measurable, positive advancements in patient care Swedish behavioral health: philanthropy was instrumental in addressing behavioral health needs within the greater puget sound community. Funding supported the postdoctoral fellow program and caregiver training initiatives. The Swedish pcbh fellowship benefitted from continued philanthropic interest, which aided in expanding the program and enhancing mental health and wellbeing throughout the community. Additionally, donations supported the training of Swedish care teams and caregivers, ensuring they are equipped with the necessary skills and knowledge to provide exceptional care. Swedish women & children's program: philanthropy was crucial in supporting the Swedish women & children's program, particularly in response to care services impacted by covid-19 and the expansion of women's holistic health services. Funding facilitated the growth of women's and children's research, as well as the remodeling of the women's and children's area and construction work on the labor and delivery workroom. Donations enabled the purchase of advanced neonatal transport equipment, including portable isolettes equipped with ventilators, Medical air, oxygen, nitric oxide, suction, vital sign monitors, pulse oximetry, capnography, and defibrillators. Philanthropy also provided transcutaneous bilirubinometers for diagnosing and monitoring infant jaundice and supported the doula program, which offers emotional, physical, and informational support to new and expectant parents. Swedish digestive health institute: in 2023, philanthropic contributions significantly supported the Swedish digestive health institute, particularly the colorectal and thoracic surgery fellowship programs and the gastroenterology nurse education program. The Swedish organ transplant patient assistance fund benefitted from these contributions, providing crucial assistance with travel and lodging costs for transplant patients. Additionally, philanthropy enabled the use of intestinal ultrasounds, offering highly accurate images of the bowel to help doctors and patients better understand the causes of symptoms. Nursing: in 2023, philanthropic contributions to the Swedish nursing program focused on addressing caregiver wellness in response to staff turnover and burnout due to ongoing pandemic demands. Funding supported training retreats to aid nurses in their professional development and provided scholarships for those pursuing further education. Additionally, philanthropy facilitated the providence endoscopy course, offering education and training on the endoscopic management of gastrointestinal disorders. To further support the well-being and resilience of healthcare workers, donations helped establish a respite room, providing a dedicated space for staff to step away from work and recharge. Health equity, diversity, and inclusion: donations designated to the office of health equity, diversity, and inclusion at Swedish fostered an inclusive environment for all patients, visitors, and caregivers. Contributions focused on elevating health equity, diversity, and inclusion initiatives, with an emphasis on workforce development across various areas, ensuring that Swedish hospitals and clinics continue to provide equitable and inclusive care. For example, the meharry Swedish partnership helped us attract and recruit a more diverse workforce. During their time with us, Medical students move through general surgery rotations and receive financial assistance for transportation, housing, and living expenses. Fund for excellence: philanthropic contributions to the general fund for excellence were instrumental in ensuring high-quality care across all areas of the Swedish Medical Center care continuum. Funding supported the workplace safety k9 program, which enhances safety by detecting dangerous items such as weapons, drugs, and bombs. Philanthropy also facilitated leadership retreats, promoting personal growth and professional development among staff. Additionally, the take hand hygiene by storm program received support to raise awareness about proper hygiene practices, aiming to prevent illness and improve overall health outcomes.

Grants made by Swedish Medical Center Foundation

GranteeGrant descriptionAmount
Swedish Medical CenterOperational Support$17,037,251
Swedish EdmondsOperational Support$442,426

Who funds Swedish Medical Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Reid Robert and Jean Family FoundationProgram Support$767,500
The John L Locke JR Charitable TrustFunding for the Care, Treatment and Diagnosis of Heart Disease, and Research Into the Same.$500,000
Schwab Charitable FundHealth$307,678
...and 64 more grants received totalling $4,114,910

Personnel at Swedish Medical Center Foundation

NameTitleCompensation
Marybeth FormbyTreasurer and Chief Financial Officer$0
Tracy OstremChief Development Officer / President and Chief Financial Officer$0
Gregg SimpsonChief Philanthropy Officer
Teresa KoeppelVice President, Marketing and Communications
Andrea KingExecutive Director , Planned Giving and Foundation Operations$0
...and 29 more key personnel

Financials for Swedish Medical Center Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$21,261,468
Program services$0
Investment income and dividends$11,244,708
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,038,287
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$36,544,463

Form 990s for Swedish Medical Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-14990View PDF
2021-122022-11-10990View PDF
2020-122021-11-11990View PDF
2019-122021-04-02990View PDF
...and 11 more Form 990s
Data update history
December 22, 2024
Received grants
Identified 6 new grant, including a grant for $500,000 from The John L Locke JR Charitable Trust
August 10, 2024
Received grants
Identified 17 new grant, including a grant for $767,500 from Reid Robert and Jean Family Foundation
August 7, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Tillie and Alfred Shemanski Testamentary Trust
April 23, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsCorporate foundationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsPeer-to-peer fundraisingOperates internationallyState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
747 Broadway
Seattle, WA 98122
Metro area
Seattle-Tacoma-Bellevue, WA
County
King County, WA
Website URL
swedishfoundation.org/about-us/contact-us 
Phone
(206) 386-2738
IRS details
EIN
91-0983214
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1976
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
Central organization
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