Overview
What is California Health Foundation And Trust?
The California Health Foundation and Trust is a nonprofit organization based in Sacramento, California. Their primary mission is to support access, research, and education in the healthcare sector. The organization's 2019-2021 Hospital Grant Program aims to assist hospitals and hospital health systems in California by providing funds to maintain care for uninsured and underinsured individuals, preserve physical access to care, and offer community services such as mental health access, wellness, and prevention programs. Additionally, the foundation recovers a significant portion of the Medi-Cal payment shortfall, contributing $3.6 billion annually towards the $7.6 billion deficit.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The California Health Foundation and Trust has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's overall score is derived from its commitment to transparent financial practices and effective governance, with a specific focus on maintaining a high standard in its accountability metrics.
One of the organization's notable strengths is its governance structure, with 90% of board members being independent, which enhances decision-making integrity. The foundation has also implemented robust oversight measures, such as an audit committee and clear policies for conflict of interest, whistleblower protections, and document retention, all of which contribute to its operational transparency.
Despite these strengths, the financial health indicators show high efficiency in program expenses and zero fundraising costs, indicating that nearly all funds are directed towards its mission. However, this rating is based solely on financial metrics, and further insights into programmatic impact and community engagement could provide a more comprehensive understanding of the foundation's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is California Health Foundation And Trust legitimate?
California Health Foundation And Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Health Foundation And Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,715
For more financial information, click here
What is the mission statement of California Health Foundation And Trust?
The California Health Foundation and Trust works towards supporting access, research, and education in the healthcare field. More specifically, their mission involves contributing to healthcare delivery, financing, and patient care. In a statewide initiative, they help hospitals and healthcare systems in California continue providing care for uninsured and underinsured individuals, maintain physical access to care, and offer community services such as mental health access, wellness programs, and prevention initiatives. This program recovers approximately $3.6 billion of the $7.6 billion Medi-Cal payment shortfall annually.
Who is the CEO of California Health Foundation And Trust?
Carmela Coyle is the President of California Health Foundation And Trust.
What is the revenue of California Health Foundation And Trust?
California Health Foundation And Trust's revenue in 2022 was $42,743,533.
Who are the executives of California Health Foundation And Trust and what are their salaries?
Here are 13 key members and their salaries:
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- Related: $1,439,133
- Other: $22,989
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- Related: $425,057
- Other: $58,532
Where can I find the form 990 for California Health Foundation And Trust?
California Health Foundation And Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Health Foundation And Trust
The California Health Foundation and Trust is a dedicated organization that actively supports access, research, and education in the healthcare field. With a mission to make a significant impact in healthcare delivery, financing, and patient care, the Foundation works tirelessly to improve the overall healthcare landscape.
During the 2019-2021 period, the Foundation spearheaded a hospital grant program with a statewide goal. This program aimed to help hospitals and hospital health systems in California continue providing essential care to uninsured and underinsured individuals, preserving physical access to care, and offering community services such as mental health access, wellness, and prevention programs. The program proved successful in recovering an impressive $3.6 billion of the $7.6 billion Medi-Cal payment shortfall annually.
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Impact
October, 2024
California Health Foundation And Trust significantly impacts healthcare access in California by supporting hospitals and health systems in their efforts to care for uninsured and underinsured populations. Through initiatives like the 2019-2021 Hospital Grant Program, the Foundation has played a crucial role in addressing the $7.6 billion shortfall in Medi-Cal payments, successfully recovering $3.6 billion of that amount. This recovery aids in ensuring that hospitals can maintain services, preserve physical access to care, and deliver essential community services, including mental health resources and wellness programs. By fostering research and education in healthcare delivery and financing, the Foundation enhances patient care and strengthens the overall healthcare infrastructure in the state.
This information is meant to be a general summary of California Health Foundation And Trust. 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: $173,617
- Gross Receipts: $42,743,533
Assets and Liabilities:
- Total Assets: $155,890,975
- Total Liabilities: $1,961,246
- Net Assets: $153,929,729
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Organization Details
Founding Year
1956
Phone
(916) 552-7629Principal Officer
Carmela Coyle
Main Address
1215 K STREET 700, SACRAMENTO, CA, 95814
NTEE Category
Code: T30 - Philanthropy
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