Golden Valley Memorial Hospital Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
None
- Income
- $791,409
- Spending
- $1.0 million
- Spent on programs
- 92%
- Reserves
- 10.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 32
- Highest pay
- $810,303, board member
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100.
Reserves
28 of 35Spendable reserves would cover 10.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 27% of income.
Income trend
0 of 15Income fell 77% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 65 out of 100.
Independent board
25 of 2510 of 12 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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 March 31, 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)
- $923,515 spent. Prior to Fiscal Year 2025 the GVMH Foundation completed a capital campaign to raise funds to assist the Hospital in building a radiation oncology center. Many gifts were pledged by donors to be paid over a period of years. Gifts received by the Foundation are placed in a restricted fund for radiation oncology. The Hospital completed construction of the center in December 2023. During FIscal Year 2025, the Foundation received gifts and transferred funds for radiation oncology to the Hospital to help offset their costs associated with the project.(Continued on Schedule O)The Foundation donated $75,000 to GVMH for surgical services equipment upgrades. These funds were raised through proceeds from the gala event held in March 2024. The Foundation approved a grant request for new equipment for the cardiac rehab department.The Foundation purchased items such as wigs, head coverings, poppy pockets, and chemo shirts to stock the oncology care closet. These items are available to assist patients in need and the dedicated space allows patients the ability to try on items in a private space. The Foundation also purchase snacks, gas cards and other comfort items on a regular basis for the benefit of patients in the cancer center.The Foundation utilized its 'Truman Lake Cancer Relief' fund to assists patients while in active treatment for cancer with expenses.The Foundation covered the cost of customized garments for inpatients and outpatients who were treated at GVMH for lymphedema and do not have insurance coverage for the garments. The Foundation assisted cardiac rehab patients through purchase of gas cards to assist patients in getting to their appointments and also provided patient assistance grants to help patients in need cover the cost of coinsurance associated with their treatment.The Foundation supported GVMH's share pregnancy and infant loss support group through supplies for care packages for families suffering a loss at GVMH as well as annual dues and supplies needed for meetings.Each year, including FY25, the Foundation purchases books to be distributed by clinic providers during check ups for pediatric patients from birth through age 5.The Foundation supported cancer patients by purchasing gas cards and other items for patients that could not afford the items through its established Sandy Houchen fund.The Foundation approved a request to pay for cremation services of a hospice patient who had no other means to pay. The Foundation approved a grant from the Clinton Cardinal Youth Football program to reimburse the cost of purchasing an AED for the team.During a prior fiscal year the Foundation approved a grant for the reimbursement of an AED for Clearview Care Center in Osceola, MO. The Foundation received confirmation of purchase during FY25 and reimbursed the center for the cost.The Foundation supported diabetic patients through the purchase of supplies and also provided a patient assistance grant to help with medication.The Foundation paid for lunches for staff to complete a flu shot clinic at the Clinton school district.The Foundation awarded a scholarship for continued education in healthcare field to a GVMH employee. This was paid for in part by the Dolores Meyer Scholarship Fund and in part by the employee scholarship fund.The Foundation received a donation during Fiscal Year 2024 that was restricted for the purchase of a tilt table for cardiac rehab and this equipment was purchased during FIscal Year 2024. Foundation reimbursed GVMH for this purchase during FIscal Year 2025.The Foundation supported pediatric therapy patients through the purchase of tools they can utilize at home to assist with their therapy needs.The Foundation approved a grant to provide hearing assistive devices for GVMH patients in needThe Foundation approved a grant to provide pulse ox devices to patients upon discharge.
Source: Form 990 for the year ending March 31, 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 March 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 March 1994.
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: Memorial Hospital Foundation Inc (Easton, MD), EIN 52-1282080. 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.