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California Health Foundation And Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 941498697 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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.


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.

Here 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?
Who is the CEO of California Health Foundation And Trust?
What is the revenue of California Health Foundation And Trust?
Who are the executives of California Health Foundation And Trust and what are their salaries?
Where can I find the form 990 for California Health Foundation And Trust?

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.

Impact

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.




Thursday, August 15, 2024

California Health Foundation And Trust's impact can be seen in its support for access, research, and education in the healthcare field. From 2019 to 2021, the organization launched a hospital grant program that aimed to assist hospitals and hospital health systems in California. This program was a statewide effort to provide access to care for uninsured and underinsured individuals, preserve physical access to care, and offer community services such as mental health access, wellness, and prevention programs. By doing so, the program helped recover a significant portion of the annual shortfall in Medi-Cal payments, totaling $3.6 billion out of a $7.6 billion deficit. Through its initiatives, California Health Foundation And Trust is making a substantial impact on improving healthcare access and services in the state.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $173,617
  • Program Service Revenue: $0
  • Gross Receipts: $42,743,533

    • Assets and Liabilities:
  • Total Assets: $155,890,975
  • Total Liabilities: $1,961,246
  • Net Assets: $153,929,729
  • Organization Details

    Founding Year

    1956

    Principal Officer

    Carmela Coyle

    Main Address

    1215 K STREET 700, SACRAMENTO, CA, 95814

    NTEE Category

    Code: E11 - Health

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