Thomas Hospital Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION WAS FOUNDED TO FOSTER AND SUPPORT THE ACTIVITIES OF THOMAS HOSPITAL, TO ENCOURAGE PUBLIC SUPPORT OF THE HOSPITAL AND TO ADVANCE ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.
- Income
- $2.5 million
- Spending
- $1.6 million
- Spent on programs
- 80%
- Reserves
- 96 months of spending
- Largest source of income
- donations and private grants, 82%
- Employees
- 0
- Volunteers
- 27
- Highest pay
- $154,240, executive di
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
Strong: 100 out of 100. Higher than 88% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 96.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 36% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 1 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
Good: 85 out of 100. Higher than 38% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2522 of 22 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
0 of 10Did not give 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)
- $1.3 million spent. THE THOMAS HOSPITAL FOUNDATION (THE FOUNDATION) PROVIDED NEARLY 1,100,000 TO THOMAS HOSPITAL DURING THE YEAR ENDED MARCH 31, 2025, TO PURCHASE SPECIFIC HOSPITAL EQUIPMENT AND SUPPORT HOSPITAL ACTIVITIES. THE FOUNDATION PROVIDED 942,000 TO REPLACE AND UPGRADE CATH LAB 1. THE CATH LAB WAS END OF LIFE AND AN UPGRADE WAS NECESSARY TO MAXIMIZE FUTURE PHYSICIAN/STAFF PRODUCTIVITY IN THE LAB. THE UPGRADE REQUIRED CONSTRUCTION TO ENSURE THE NEW CATH LAB EQUIPMENT AND ROOM WOULD BE ADAPTABLE AS A MULTIPURPOSE LAB FOR EV, VASCULAR, STRUCTURAL HEART, AND CARDIAC CATHETERIZATIONS. WITHOUT THE UPGRADE, THE ABILITY TO RECRUIT CARDIOVASCULAR SPECIALTY TRAINED PHYSICIANS WOULD BE AT RISK. THE FOUNDATION PROVIDED OVER 77,000 FOR NEW ELECTRONIC COMMUNICATION BOARDS. NEW SMART TVS WERE INSTALLED IN INPATIENT ROOMS IN ORDER TO CLEARLY DISPLAY EACH PATIENT'S GOALS OF CARE, SAFETY PRECAUTIONS, AND ACTIVITIES. THE FOUNDATION PROVIDED NEARLY 36,000 FOR THE PURCHASE OF THE BD SITERITE 9 ULTRASOUND MACHINE FOR THE VASCULAR ACCESS TEAM. THE CURRENT MODEL IS NOW OUTDATED AS IT WAS PURCHASED IN 2016. THE VAT USES THE ULTRASOUND TECHNOLOGY TO PLACE CENTRAL VENOUS LINES, MIDLINE IVS, AND OTHER DIFFICULT-STICK IVS ON THEIR PATIENTS. THE FOUNDATION PROVIDED NEARLY 21,000 TO UPDATE THE PHYSICIAN LOUNGE AND FIXTURES. THE FOUNDATION PROVIDED OVER 9300 FOR NEW WEARABLE BLANKETS FOR THE NURSERY DEPARTMENT. THE GRANT PROVIDED 1440 BALNKETS FOR THE DEPARTMENT. WEARABLE BALNKETS ARE CONSIDERED SAFER THAN LOOSE FITTING BLANKETS, ESPECIALLY FOR SLEEPING NEWBORNS. THE THOMAS HOSPITAL FOUNDATION (THE FOUNDATION) PROVIDED NEARLY 1,100,000 TO THOMAS HOSPITAL DURING THE YEAR ENDED MARCH 31, 2025, TO PURCHASE SPECIFIC HOSPITAL EQUIPMENT AND SUPPORT HOSPITAL ACTIVITIES. THE FOUNDATION PROVIDED 942,000 TO REPLACE AND UPGRADE CATH LAB 1. THE CATH LAB WAS END OF LIFE AND AN UPGRADE WAS NECESSARY TO MAXIMIZE FUTURE PHYSICIAN/STAFF PRODUCTIVITY IN THE LAB. THE UPGRADE REQUIRED CONSTRUCTION TO ENSURE THE NEW CATH LAB EQUIPMENT AND ROOM WOULD BE ADAPTABLE AS A MULTIPURPOSE LAB FOR EV, VASCULAR, STRUCTURAL HEART, AND CARDIAC CATHETERIZATIONS. WITHOUT THE UPGRADE, THE ABILITY TO RECRUIT CARDIOVASCULAR SPECIALTY TRAINED PHYSICIANS WOULD BE AT RISK. THE FOUNDATION PROVIDED OVER 77,000 FOR NEW ELECTRONIC COMMUNICATION BOARDS. NEW SMART TVS WERE INSTALLED IN INPATIENT ROOMS IN ORDER TO CLEARLY DISPLAY EACH PATIENT'S GOALS OF CARE, SAFETY PRECAUTIONS, AND ACTIVITIES. THE FOUNDATION PROVIDED NEARLY 36,000 FOR THE PURCHASE OF THE BD SITERITE 9 ULTRASOUND MACHINE FOR THE VASCULAR ACCESS TEAM. THE CURRENT MODEL IS NOW OUTDATED AS IT WAS PURCHASED IN 2016. THE VAT USES THE ULTRASOUND TECHNOLOGY TO PLACE CENTRAL VENOUS LINES, MIDLINE IVS, AND OTHER DIFFICULT-STICK IVS ON THEIR PATIENTS. THE FOUNDATION PROVIDED NEARLY 21,000 TO UPDATE THE PHYSICIAN LOUNGE AND FIXTURES. THE FOUNDATION PROVIDED OVER 9300 FOR NEW WEARABLE BLANKETS FOR THE NURSERY DEPARTMENT. THE GRANT PROVIDED 1440 BALNKETS FOR THE DEPARTMENT. WEARABLE BALNKETS ARE CONSIDERED SAFER THAN LOOSE FITTING BLANKETS, ESPECIALLY FOR SLEEPING NEWBORNS.
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 November 6, 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 May 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 November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Hoag Hospital Foundation (Newport Beach, CA), EIN 95-3222343. 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.