Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $456,445

• 1f · All other contributions, gifts and grants

  $1,339,679

• 1g · Noncash contributions included above

  $103,906

• 3 · Investment income

  total $366,619 · excluded $366,619

• 7a · Gross sales of assets other than inventory

  securities $22,407,190

• 7b · Less cost or other basis and sales expenses

  securities $22,416,623

• 7c · Gain or loss

  securities -$9,433

• 7d · Net gain or loss

  total -$9,433 · excluded -$9,433

• 8a · Fundraising events: gross income

  $86,980

• 8a · Fundraising events: contributions included on line 1c

  $456,445

• 8b · Fundraising events: direct expenses

  $146,531

• 8c · Net income from fundraising events

  total -$59,551 · excluded -$59,551

• 9a · Gaming: gross income

  $1,800

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $1,800 · excluded $1,800

• 11a · Other revenue: CHANGE IN SPLIT-INTEREST AGREEM.

  total $16,689 · excluded $16,689

• 11e · Other revenue, total

  $16,689

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,082,744 · program services $3,082,744

• 11c · Fees: accounting

  total $48,828 · management and general $48,828

• 11f · Fees: investment management

  total $51,231 · management and general $51,231

• 11g · Fees: other

  total $87,446 · management and general $51,453 · fundraising $35,993

• 13 · Office expenses

  total $39,973 · management and general $271 · fundraising $39,702

• 17 · Travel

  total $10,873 · management and general $10,873

• 23 · Insurance

  total $6,241 · management and general $6,241

• 24a · Other expenses: OTHER

  total $69,881 · management and general $41,118 · fundraising $28,763

• 24b · Other expenses: TRAINING

  total $15,743 · management and general $9,263 · fundraising $6,480

• 24c · Other expenses: DUES AND SUBSCR.

  total $1,013 · management and general $1,013

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $150,240 · end of year $385,147

• 3 · Pledges and grants receivable

  beginning of year $5,037,405 · end of year $4,590,261

• 11 · Investments: publicly traded securities

  beginning of year $17,477,542 · end of year $17,891,692

• 12 · Investments: other securities

  beginning of year $1,529,034 · end of year $1,476,041

• 15 · Other assets

  beginning of year $501,246 · end of year $502,291

• 27 · Net assets without donor restrictions

  beginning of year $10,707,854 · end of year $11,304,617

• 28 · Net assets with donor restrictions

  beginning of year $13,987,613 · end of year $13,540,815

The filer's explanations (Part III)

PART I, LINE 1A

DURING THE YEAR ENDED DECEMBER 31, 2022, JENNIFER SVIHUS, PRESIDENT, RECEIVED HOUSING STIPEND IN THE AMOUNT OF $58,503.

PART I, LINE 3

ALL EMPLOYEES OF THE SEQUOIA HOSPITAL FOUNDATION ARE COMPENSATED BY THE COMMON SPIRIT HEALTH, AN UNRELATED ORGANIZATION EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).

FORM 990, PART VII, SECTION A, LINE 5:

JENNIFER SVIHUS, PRESIDENT, ERIN CALLAGHAN, PHILANTHROPY OPERATIONS MANAGER, TAYLOR R. LIBERATOR, MANAGER, ANNUAL SPECIAL GIVING, AND SUKHIE BAL, DIRECTOR OF DEVELOPMENT, ARE COMPENSATED BY COMMONSPIRIT HEALTH, AN UNRELATED ORGANIZATION EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), FOR SERVICES PROVIDED TO THE SEQUOIA HOSPITAL FOUNDATION.