Hoag Hospital Foundation
Only 57% goes to programs $13 to raise $100 Strong reserves
Hoag Hospital Foundation is a 501(c)(3) organization based in Newport Beach, California, registered in 1978, with $157,937,802 in FY2024 revenue. CharityIndex grades it B+, and it directs about 57% of spending to programs.
330 Placentia Ave, Newport Beach, CA, 92663 EIN 95-3222343 Since 1978
Revenue (FY2024)
$157.9M
▲ 39.8% vs prior year
Health median: $840K
Expenses (FY2024)
$51.7M
Net assets
$730.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating57% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hoag Hospital Foundation: 57% to programs · $13 to raise $100 earns a C+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating170 mo reserves · +67% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hoag Hospital Foundation: 170 mo reserves · +67% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hoag Hospital Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hoag Hospital Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of hoag hospital foundation is advancing the mission of hoag memorial hospital presbyterian through meaningful and inspirational philanthropic partnerships.
Contact & location
- Address
- 330 Placentia Ave, Newport Beach, CA, 92663
- City
- Newport Beach
- State
- California
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.7M (FY2014) to $157.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18.6MNet assets $730.6M
Operating margin
67.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$749.2M
Total liabilities
$18.6M
Net assets
$730.6M
Salaries & benefits
$16.3M
32% of expenses
Board members
23
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $157,937,802▲39.8% | $51,652,434▲2.8% | $730,555,445▲19.9% | $749,188,183▲19.3% | 990 |
| 2023 | $112,948,082▲163% | $50,247,050▼12.6% | $609,479,738▲16.7% | $627,739,333▲15.6% | 990 |
| 2022 | $43,002,719▼76.9% | $57,501,484▲28.5% | $522,287,367▼7.8% | $543,042,123▼7.1% | 990 |
| 2021 | $185,764,932▲75.2% | $44,756,504▲9.0% | $566,708,452▲35.7% | $584,715,727▲34.2% | 990 |
| 2020 | $106,002,316▲57.4% | $41,070,882▲33.5% | $417,674,693▲27.1% | $435,559,489▲28.6% | 990 |
| 2019 | $67,350,136▲43.7% | $30,768,647▼4.5% | $328,566,054▲17.6% | $338,805,314▲16.6% | 990 |
| 2018 | $46,856,522▲18.8% | $32,235,119▲8.3% | $279,334,642▲19.6% | $290,633,036▲20.2% | 990 |
| 2016 | $39,448,017▼18.5% | $29,764,586▲25.8% | $233,461,888▲8.4% | $241,723,233▲8.7% | 990 |
| 2015 | $48,402,120▲5.9% | $23,662,932▼1.6% | $215,386,045▲7.1% | $222,462,513▲7.3% | 990 |
| 2014 | $45,693,591 | $24,035,679▲11.2% | $201,031,992▲19.7% | $207,245,435▲20.5% | 990 |
| 2012 | — | $21,606,549▼43.3% | $167,999,292▲2.3% | $171,938,240▲2.0% | 990 |
| 2011 | — | $38,100,378▲25.2% | $164,300,404▲0.2% | $168,642,061▲0.2% | 990 |
| 2010 | — | $30,439,764▲63.5% | $163,987,205▼5.4% | $168,297,521▼6.0% | 990 |
| 2009 | — | $18,615,544 | $173,419,031 | $179,111,299 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam De La Pena-gafke | Vp Campaigns & Dev Anl - Thru 10/24 | 50 | — |
| Aidan A Raney Md | Board Member | 2 | — |
| Anthony A Allen | Board Member | 2 | — |
| Betty E Huang | Board Member | 2 | — |
| Cara Uisprapassorn | Chief Marketing Officer - Thru 7/24 | 50 | — |
| Caroline Pereira | Foundation President | 50 | — |
| Carolyn C Mckitterick | Board Member | 2 | — |
| Cynthia Stokke | Board Member | 2 | — |
| Deborah H Margolis | Board Chair | 2 | — |
| Devon R Martin | Board Member | 2 | — |
| Diane A Connelly | Board Secretary | 2 | — |
| Flynn Andrizzi | President Foundation | 0 | — |
| Gary A Fudge | Board Member | 2 | — |
| Gary Pickett | Board Member | 2 | — |
| Geoffrey M Mccloskey | Vp Sr Finance & Operations | 50 | — |
| Gwen G Ritter | Fdn Vp Sr Development | 50 | — |
| Irving M Chase | Board Member | 2 | — |
| Jenelle Seltzer | Vp Donor Relations | 50 | — |
| Katherine Shen | Board Member | 2 | — |
| Kyle B Wescoat | Board Treasurer | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Carrie Park Consulting | Consultant | $175,537 |
Grants received · $36.9M total
108 grants to Hoag Hospital Foundation totaling $36.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $29.3M in FY2024
6 grants totaling $29.3M in FY2024. All grants made by Hoag Hospital Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Hoag Memorial Hospital Presbyterian | Programs & equipment | $24,068,443 |
| Hoag Clinic Inc | Programs & equipment | $3,781,275 |
| Hoag Charity Sports | Programs & equipment | $750,000 |
| Hoag Orthopedic Education & Research Institute | Orthopedic education & research | $490,155 |
| Jw Psychological Service Inc | Teen brain program support | $150,000 |
| Hoag Memorial Hospital Presbyterian | Patient scholarships | $93,515 |
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Frequently asked questions
- Is Hoag Hospital Foundation a legitimate nonprofit?
- Yes. Hoag Hospital Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-3222343, based in Newport Beach, California. Donations are tax-deductible.
- What is Hoag Hospital Foundation's EIN?
- Hoag Hospital Foundation's Employer Identification Number (EIN) is 95-3222343.
- How much revenue does Hoag Hospital Foundation report?
- Hoag Hospital Foundation reported $157,937,802 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hoag Hospital Foundation's spending goes to programs?
- Hoag Hospital Foundation spends about 57% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hoag Hospital Foundation have?
- CharityIndex grades Hoag Hospital Foundation B+, based on program efficiency and fundraising cost.
- How much does Hoag Hospital Foundation's highest-paid employee make?
- The highest reported compensation on Hoag Hospital Foundation's latest Form 990 is $0, paid to Adam De La Pena-gafke (Vp Campaigns & Dev Anl - Thru 10/24).
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Data for Hoag Hospital Foundation (EIN 95-3222343) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.