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City of Hope Medical Foundation

Public charity990-T FY2023
DBA: % JENNIFER A PARKHURST
Other · DUARTE, CA · EIN 27-4803222

About

City of hope's mission is to provide medical care and treatment as part of a coordinated health care delivery system in southern california. The medical foundation provides these services for treating, attempting to CURE, and curing persons with cancer, diabetes and other life-threatening diseases. The medical foundation provides these services to certain patients through charity care assistance for patients meeting certain financial eligibility and clinical criteria and to persons without insurance or who are underinsured. ALL self-pay and uninsured patients who do not qualify for charity care under the medical foundation's charity care program are offered services through the medical foundation at discounted charges. The discount is based on a SET of specific qualifications, regardless of the services provided or the setting where rendered to the respective patient. Self-pay, uninsured and underinsured patients may be eligible for financial assistance at the medical center for charity care (free care). Eligibility for charity care is based on a SET of specific qualifications for services provided at the medical center. The medical foundation also subsidizes care for patients covered by MEDI-CAL and medicare. The medical foundation was also formed to conduct or participate in medical and scientific investigations and research into such diseases; and to promote and carry on educational activities related to the health and well-being of the SICK and disabled. The medical foundation is part of an integrated system that combines bench and clinical research activities directly with patient care, in both in-patient and out-patient settings. This integrated system, known as city of hope, collectively refers to city of hope, city of hope national medical center, city of hope medical foundation, southern california radiation oncology, LLC, beckman research institute of the city of hope, the translational genomics research institute, the translational genomics research institute foundation, accesshope, LLC, COH holdco INC, western regional medical center, INC. (city of hope phoenix) southeastern regional medical center, INC. (city of hopeatlanta) and midwestern regional medical center, INC. (city of hope chicago).

In care of Jennifer a Parkhurst

Donations are tax-deductible
Category
Other
Employees
747
Volunteers
72

Financial Snapshot

FY ending 2024-09-30
Revenue
$789.3M
Expenses
$773.9M
Assets
$860.8M
Liabilities
$535.7M

Financial history

$789.3M$394.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $789.3M · Avg: $522.1M
CITY OF HOPE MEDICAL FOUNDATION
Your actions

Address

1500 Duarte RD
Duarte, CA, 91010-301

Governance

Voting board members7
Independent members4
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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