Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $260,106

• 1f · All other contributions, gifts and grants

  $44,951,618

• 3 · Investment income

  total $759,598 · excluded $759,598

• 11a · Other revenue: GROUP PURCHASING

  total $18,172 · excluded $18,172

• 11e · Other revenue, total

  $18,172

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $57,650,483 · program services $57,650,483

• 7 · Other salaries and wages

  total $47,607 · program services $47,607

• 9 · Other employee benefits

  total $9,045 · program services $9,045

• 11a · Fees: management

  total $8,250 · program services $8,250

• 11b · Fees: legal

  total $5,743 · program services $5,311 · management and general $432

• 11c · Fees: accounting

  total $31,863 · program services $1,848 · management and general $30,015

• 11g · Fees: other

  total $95,397 · program services $95,397

• 13 · Office expenses

  total $800 · management and general $800

• 14 · Information technology

  total $1,875 · management and general $1,875

• 17 · Travel

  total $1,802 · program services $1,802

• 19 · Conferences, conventions and meetings

  total $27,865 · program services $27,865

• 23 · Insurance

  total $20,944 · management and general $20,944

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $135,948,525 · end of year $133,381,505

• 3 · Pledges and grants receivable

  beginning of year $19,680,596 · end of year $14,555,644

• 4 · Accounts receivable

  beginning of year $7,437 · end of year $8,181

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,746 · end of year $15,593

• 11 · Investments: publicly traded securities

  beginning of year $238,671 · end of year $236,516

• 17 · Accounts payable and accrued expenses

  beginning of year $82,452 · end of year $35,740

• 18 · Grants payable

  beginning of year $1,878,794 · end of year $6,141,181

• 27 · Net assets without donor restrictions

  beginning of year $2,011,566 · end of year $2,738,239

• 28 · Net assets with donor restrictions

  beginning of year $151,918,163 · end of year $139,282,279

The filer's explanations (Part III)

PART I, LINE 3

CALIFORNIA HEALTH FOUNDATION AND TRUST (CHFT) RELIES ON CALIFORNIA ASSOCIATION OF HOSPITALS AND HEALTH SYSTEMS (CAHHS), A RELATED ORGANIZATION, TO ESTABLISH COMPENSATION FOR THE PRESIDENT USING ONE OR MORE OF THE METHODS DESCRIBED ON SCHEDULE J, PART I, LINE 3. THE COMPENSATION REPORTED FOR THE OFFICERS OF CHFT IS PAID BY CAHHS AND IS FOR SERVICES PROVIDED TO CAHHS AND CALIFORNIA HOSPITAL ASSOCIATION.

PART I, LINE 4B

THE ORGANIZATION MAINTAINS A NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN. THIS PLAN IS INTENDED TO QUALIFY AS AN UNFUNDED PLAN OF DEFERRED COMPENSATION THAT IS MAINTAINED BY AN EMPLOYER PRIMARILY FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION FOR THE SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES AS THOSE TERMS ARE DEFINED UNDER THE PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (ERISA). FUNDING FOR THIS PLAN IS THROUGH ANNUAL EMPLOYER CONTRIBUTIONS AND IS LIMITED TO THE ANNUAL AMOUNT SET FORTH BY THE US TREASURY DEPARTMENT. JENNIFER M. NEWMAN PARTICIPATED IN THE PLAN AND RECEIVED A BENEFIT OF $22,500 FOR THE YEAR.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• HEALTH PROPERTY ASSOCIATES

  GROUND LEASE · CA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CALIFORNIA HOSPITALS INVESTMENTS & PUBLICATIONS INC

  C · INACTIVE · CA