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Olean General Hospital Foundation

Public charity990-T FY2023
Foundations · OLEAN, NY · EIN 16-1497087
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About

To develop and generate ongoing philanthropic support for olean general hospital's continued development and growth.

Donations are tax-deductible
Category
Foundations
Employees
4
Volunteers
25

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.0M
Expenses
$3.7M
Assets
$45.8M
Liabilities
$85K

Financial history

$7.0M$3.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $7.0M · Avg: $3.2M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$3.0M
OLEAN GENERAL HOSPITAL FOUNDATION
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Address

515 Main ST
Olean, NY, 14760-151

Governance

Voting board members11
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %32.8%
Permanent endowment %54.0%
Endowment held by related orgNo
Public records
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