Holy Cross Health Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 33% of its spending went to programs.
- Raising each dollar of donations cost 89 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
WE, HOLY CROSS HEALTH AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. WE CARRY OUT THIS MISSION IN OUR COMMUNITIES THROUGH OUR COMMITMENT TO BE THE MOST TRUSTED PROVIDER OF HEALTH CARE SERVICES.HOLY CROSS HEALTH FOUNDATION IS A MEMBER OF HOLY CROSS HEALTH AND TRINITY HEALTH.
- Income
- $2.4 million
- Spending
- $2.7 million
- Spent on programs
- 33%
- Reserves
- -21.1 months of spending
- Largest source of income
- donations and private grants, 75%
- Employees
- 0
- Volunteers
- 13
- Highest pay
- $794,025, former officer; hch int president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 9 out of 100. Higher than 0% of charities in its peer group (health care, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 75% of what it owns.
Living within its means
4 of 15Spending exceeded income by 12% of income.
Income trend
0 of 15Income fell 37% on the year before.
Spending floor
0 of 1533% of spending went to programs and raising each dollar of donations cost 89 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 58% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2513 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 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)
- $893,698 spent. HOLY CROSS HEALTH FOUNDATION ("FOUNDATION") BEGAN ITS OPERATIONS ON JULY 1, 2006. LOCATED IN SILVER SPRING, MARYLAND, IT WAS FOUNDED TO SUPPORT THE CHARITABLE GOALS OF HOLY CROSS HEALTH AND ITS SUBSIDIARIES.THE FOUNDATION RAISED OVER $1.8 MILLION IN FISCAL YEAR 2025. IT ORGANIZES ITS FUNDRAISING ACTIVITIES AROUND DIRECT APPEALS TO HOLY CROSS HEALTH'S PATIENTS AND DONORS, TO THE COMMUNITY AT-LARGE, FUNDRAISING EVENTS, GRANT SUBMISSIONS TO PRIVATE FOUNDATIONS AND PUBLIC ENTITIES, CAPITAL CAMPAIGNS, AND THROUGH PLANNED GIVING INITIATIVES THAT INCLUDE BEQUESTS AND CHARITABLE GIFT ANNUITIES. FOR MORE INFORMATION, SEE SCHEDULE I AND THE FOUNDATION WEBSITE AT WWW.HOLYCROSSHEALTH.ORG/DONATE.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2007.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
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.