Financial Information

In FY 2016, California Hospital Medical Center Foundation raised $17, 506,000 which was used to support the hospital's programmatic and capital needs. Our cost of funds ratio was only 14%.

 

Where the Money Comes From

 

In 2016, California Hospital Medical Center Foundation received generous support from the following sources:

 

Annual Support $276,000 (1.6%)

Capital Campaign $306,000 (1.7%)

Grants (public) $14,124,000 (89.7%)

Grants (private) $1,598,000 (9.1%)

Special Events $1,182,000 (6.8%)

Total Raised $ 17,506,000

 

Where the Money Goes

 

In 2016, funds received by California Hospital Medical Center Foundation were designated for the following hospital funding priorities:

 

Area of Greatest Need (unrestricted) $14,999 (0.09%)

Capital Projects $1,791,306 (10.23%)

Community Benefit & Medical Outreach $15,647,284 (89.38%)

Other Hospital Programs $52,411 (0.30%)

Total $17,506,000