Overview
What is Valley Health Foundation (Vhf)?
Valley Health Foundation (Vhf) is a community-driven, independent 501(c)(3) nonprofit organization based in San Jose, California. Established to support and safeguard Santa Clara Valley Medical Center Hospitals & Clinics, which encompass Santa Clara Valley Medical Center, O'Connor Hospital, St. Louise Regional Hospital, and DePaul Health Center, Vhf's primary goal is to enhance existing services, pioneer new models of care, and advocate for high-quality healthcare for all in Santa Clara County. In 2019, the County of Santa Clara acquired O'Connor Hospital in San Jose and St. Louise Regional Hospital in Gilroy, integrating their former foundations into Vhf's operational structure. The organization's name will formally change to Valley Health Foundation in May 2023, marking a significant shift since its founding in 1988. Vhf boasts several major programs and activities. The Friends of St. Louise affiliate group raises funds for, and supports services at Santa Clara Valley Medical Center Hospitals & Clinics, including O'Connor Hospital, St. Louise Regional Hospital, and DePaul Health Center. Vhf is also actively involved in violence prevention efforts and serves as the "Wellness Fund" for a community-wide coalition addressing violence in East San Jose as a public health concern. In addition, Vhf provides spinal cord and brain injury rehabilitation, promotes outdoor exercise and combats childhood obesity through the Turning Wheels for Kids program, and supports the Neonatal Intensive Care Unit (NICU) at SCVMC. The organization is also dedicated to community education and advocacy, promoting excellent and essential healthcare services in Santa Clara County and increasing public understanding of these services. Moreover, Vhf launched a COVID-19 Nonprofit Resilience and Sustainability Grant Program to strengthen and support nonprofits in Santa Clara County negatively impacted by the pandemic, with a focus on racial equity. This $10 million grant program aims to foster a stronger and more vibrant nonprofit sector, providing services to the most vulnerable members of the community.
Official website here: www.vmcfoundation.org
What are the reviews and ratings of this charity?
**Valley Health Foundation (VHF)**
**Charity Navigator Rating:** 96% (Four-Star out of Four Star Rating)
Valley Health Foundation has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation demonstrates exemplary management practices, with a fully independent board and robust financial oversight mechanisms in place. Their high program expense ratio of 83.73% indicates a strong focus on funding their mission-driven activities.
The organization has no recorded material diversions of assets, further enhancing its credibility. While the foundation has not yet been evaluated on aspects such as Impact & Measurement, Culture & Community, or Leadership & Adaptability, the existing transparency and governance standards shown in their financial operations are commendable.
Unfortunately, user reviews from GreatNonprofits are not currently accessible, which limits the opportunity to gather firsthand experiences from beneficiaries or volunteers associated with VHF. Nonetheless, the available data supports a positive perception of the organization's structure and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Valley Health Foundation (Vhf) legitimate?
Valley Health Foundation (Vhf) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Health Foundation (Vhf) submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $674,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,078,506
For more financial information, click here
Official website here: www.vmcfoundation.org
What is the mission statement of Valley Health Foundation (Vhf)?
The Valley Health Foundation (Vhf) strives to serve as a leader in community health and healthcare, working towards better health for all. Through fundraising efforts, the foundation supports, innovates, and advocates for improved healthcare services. In partnership with Santa Clara Valley Medical Center hospitals and clinics, which include Santa Clara Valley Medical Center, O'Connor Hospital, St. Louise Regional Hospital, and DePaul Health Center, the Valley Medical Center Foundation raises philanthropic funds to enhance existing services, pioneer new models of care, and advance the cause of high-quality healthcare for everyone.
Official website here: www.vmcfoundation.org
Who is the CEO of Valley Health Foundation (Vhf)?
Christina Salvatier is the Director of Valley Health Foundation (Vhf).
Official website here: www.vmcfoundation.org
What is the revenue of Valley Health Foundation (Vhf)?
Valley Health Foundation (Vhf)'s revenue in 2022 was $7,283,004.
Official website here: www.vmcfoundation.org
Who are the executives of Valley Health Foundation (Vhf) and what are their salaries?
The average compensation at Valley Health Foundation (Vhf) during 2022 was $87,656. There are 20 employees and 146 volunteers at Valley Health Foundation (Vhf).
Here are 22 key members and their salaries:
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- Other: $12,768
Official website here: www.vmcfoundation.org
Where can I find the form 990 for Valley Health Foundation (Vhf)?
Valley Health Foundation (Vhf)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vmcfoundation.org
Learn more at the official website: www.vmcfoundation.org
Mission Statement of Valley Health Foundation (Vhf)
Valley Health Foundation (Vhf) is committed to leading community health and healthcare initiatives in Santa Clara County. Their mission is to raise funds, innovate, and advocate for better health for all. Vhf operates as an independent, community-driven nonprofit organization, and its primary focus is supporting Santa Clara Valley Medical Center Hospitals & Clinics, which encompasses Santa Clara Valley Medical Center (SCVMC), O'Connor Hospital, St. Louise Regional Hospital, and DePaul Health Center. In partnership with SCVMC, Vhf aims to improve existing services, pioneer new models of care, and advance the cause of high-quality healthcare for everyone.
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Impact
July, 2024
Valley Health Foundation (Vhf) is a leader in community health and healthcare in Santa Clara County. Through fundraising efforts and innovative initiatives, Vhf supports and advocates for better health for all residents. By partnering with Santa Clara Valley Medical Center and other healthcare institutions, Vhf has been able to pioneer new models of care and improve existing services to ensure high-quality healthcare for the community.
One impactful program of Vhf is the Violence Prevention initiative, where the foundation is actively involved in addressing violence as a public health concern in East San Jose. Additionally, Vhf's support for the Spinal Cord and Brain Injury Rehabilitation unit at Santa Clara Valley Medical Center helps in providing world-class care to patients with these types of injuries and also benefits the hospital financially.
Moreover, Vhf's commitment to promoting outdoor exercise and battling childhood obesity through programs like "Turning Wheels for Kids," which provides new bicycles to children of low-income families, showcases the foundation's dedication to improving community health at various levels. Through initiatives like these, Vhf has made a significant impact on the health and well-being of Santa Clara County residents.
This information is meant to be a general summary of Valley Health Foundation (Vhf). Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $198,607
- Program Service Revenue: $60,318
- Gross Receipts: $8,377,288
Assets and Liabilities:
- Total Assets: $14,253,524
- Total Liabilities: $265,579
- Net Assets: $13,987,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$60,318
Organization Details
Founding Year
1997
Phone
(408) 885-5299Principal Officer
Christina Salvatier
Main Address
2400 CLOVE DRIVE, SAN JOSE, CA, 95128
Website
www.vmcfoundation.orgNTEE Category
Code: E110 - Health
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