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Cheshire Health Foundation

EIN 02-0202220 · Keene, NH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak49 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CHESHIRE HEALTH FOUNDATION CULTIVATES AND STEWARDS CHARITABLE SUPPORT TO ADVANCE THE HEALTH AND WELLNESS MISSION OF CHESHIRE MEDICAL CENTER. THE CHESHIRE HEALTH FOUNDATION PROVIDES MANAGEMENT OF BOARD-DESIGNATED, SPECIAL-PURPOSE, BUILDING, AND ENDOWMENT FUNDS.

Income
$2.7 million
Spending
$3.0 million
Spent on programs
100%
Reserves
4.4 months of spending
Largest source of income
donations and private grants, 98%
Employees
0
Volunteers
13

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 49 out of 100. Higher than 21% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.4 months of spending.

  • Debt

    10 of 20

    It owes 43% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 11% of income.

  • Income trend

    0 of 15

    Income fell 61% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    12 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $2.9 million spent. CHESHIRE HEALTH FOUNDATION RAISES FUNDS TO SUPPORT THE HEALTH AND WELLNESS MISSION OF CHESHIRE MEDICAL CENTER. FOR FISCAL YEAR 2025, MEDICAL CENTER SENIOR LEADERS AND TRUSTEES COLLABORATED WITH FOUNDATION TRUSTEES TO DETERMINE STRATEGIC NEEDS FOR THE YEAR. THE SUPPORT OF THE PURCHASE OF A SECOND LINEAR ACCELERATOR FOR RADIATION ONCOLOGY SERVICES IN CHESHIRE'S LOCAL DARTMOUTH CANCER CENTER WAS SELECTED AS THE STRATEGIC FUNDING PRIORITY FOR THE FY 2025 ANNUAL FUND. THE TOTAL COST OF THE LINEAR ACCELERATOR WILL EXCEED $2 MILLION DOLLARS, AND $520,432 WAS RAISED THROUGH THE ANNUAL FUND AND FUNDRAISING EVENTS. THE FOUNDATION ALSO RECEIVED GIFTS AND PLEDGES FROM DONORS TOWARDS THEIR $42 MILLION CAPITAL CAMPAIGN WHICH WAS STILL IN THE "SILENT PHASE." (CONTINUED ON SCHEDULE O) THE CAPITAL CAMPAIGN FUNDS WILL PROVIDE THE ADDITIONAL MONIES NEEDED FOR THE LINEAR ACCELERATOR AND THE CONSTRUCTION OF A BUILDING ADDITION WITH BUNKER FOR THE UNIT. THE CAPITAL CAMPAIGN WILL ALSO HELP FUND THE EXPANSION AND MODERNIZATION OF CHESHIRE'S PERI-OP DEPARTMENT FOR SURGERIES AND ENDOSCOPIC SERVICES. CHARITABLE SUPPORT RECEIVED ALSO HELPED CHESHIRE CONTINUE RENOVATIONS ON THE WEST CAMPUS BUILDING, HELPING TO FUND THE FINAL PHASE OF THE FAMILY MEDICINE RESIDENCY PROGRAM SPACE AND TO REMOVE ASBESTOS AND INSTALL SPRINKLERS IN THE REMAINING UNOCCUPIED SPACE THAT WILL BE UTILIZED IN THE COMING YEARS. ADDITIONAL DONOR GIFTS TO SCHOLARSHIP FUNDS ADVANCED MEDICAL TRAINING OPPORTUNITIES FOR CHESHIRE'S NURSES AND OTHER STAFF. OTHER GIFTS SUPPORTED CHESHIRE'S LOCAL DARTMOUTH CANCER CENTER THROUGH PROGRAM NEEDS, ASSISTING CANCER PATIENTS FINANCIALLY WHO HAVE DIFFICULTY MEETING THEIR DAILY LIVING EXPENSES.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1944.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Foundation Health LLC (Fairbanks, AK), EIN 81-3021580. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.