2024-08-15T08:43:17-04:00 2024-03-31 990PF 2023-04-01 980392131 American Friends of Victoria Hospitals Foundation % Tom Siemens AMER 8007220708 1780 Barnes Blvd SW Tumwater WA 98512 Tom Siemens President 2024-08-15 2023 2024-08-08 14:25:15Z X 340155 X 976000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 976000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 749 0 0 749 6034 0 0 6034 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4623 0 0 4623 11406 0 0 11406 1000000 1000000 1011406 0 0 1011406 -35406 0 0 379865 340155 340155 0 0 0 0 0 0 0 0 0 0 0 0 0 379865 340155 340155 5133 829 0 0 0 0 0 0 0 0 0 5133 829 X 374732 339326 374732 339326 379865 340155 374732 -35406 339326 339326 0 0 0 0 0 0 0 false false false 0 0 0 false false false true true WA true false true false false true N A Victoria Hospitals Foundation 2505191750 1952 Bay Street Victoria BC CA V8R1J8 false false false true false false false false false false false false false false false false true false false true false false false false Tom Siemens 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 President 1.00 0 0 0 Donnie Wing 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Vice President 1.00 0 0 0 Ian Wong 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Treasurer&Secretary 1.00 0 0 0 Marko Peljhan 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Rod Dewar 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Starr McMichael 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Deane Strongitharm 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Bill Thomson 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Alan Lowe 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Cathy McIntyre 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 Steve McKerrell 1952 Bay Street Wilson Block Victoria BC CA V8R1J8 Director 1.00 0 0 0 0 451690 0 451690 0 0 451690 6775 444915 22246 22246 0 0 0 22246 0 22246 0 22246 1011406 0 0 0 0 1011406 22246 253427 253427 1011406 22246 989160 1242587 0 0 0 0 1242587 253427 989160 X Victoria Hospitals Foundation 1952 Bay Street Victoria British Columbia CA V8R1J8 No Relationship N A Grant paid to Victoria Hospitals Foundation for the purpose of education and Scholarships at Island Health 1000000 1000000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 false false false false false false false false false false X X 1 Charlene Edson and Grant Simpson PO Box 14580 Jackson WY 83002 950000 X 2 Victoria Hospitals Foundation 1952 Bay Street Victoria BC CA V8R 1J8 26000 X Accounting advice 6034 0 0 6034 Victoria Hospitals Foundation 1952 Bay Street Victoria BC CA V8R 1J8 2023-09-21 1000000 Education and Scholarships for Island Health 1000000 To the best of our knowledge no portion of the grant funds were diverted. 07/22/2024 N/A Victoria Hospitals Foundation 1952 Bay Street Victoria British Columbia CA V8R1J8 2023-03-07 250000 Education and Scholarship for Island Health. A second report dated July 22, 2024 was received detailing the spend. 250000 To the best of our knowledge no portion of the grant funds were diverted. 07/31/2023 Not applicable. THIS STATEMENT IS SUBMITTED TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS DURING THE YEAR. THE DISTRIBUTIONS RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.6043-3A1 AND THE FORM 990-PF INSTRUCTIONS: DURING THE TAXABLE YEAR ENDING MARCH 31 2024 THE FOUNDATION MADE DISTRIBUTIONS FROM ASSETS FROM SOURCES OTHER THAN CURRENT INCOME. COLLECTIVELY THE DISTRIBUTIONS IN EXCESS OF CURRENT INCOME TOTALED $1,000,000. THIS AMOUNT REPRESENTS 25% OR MORE OF THE FOUNDATION'S NET ASSETS OF $379,865 AS MEASURED BY FMV AT THE BEGINNING OF THE FOUNDATION'S TAXABLE YEAR ENDING MARCH 31 2024. ALTHOUGH THE FOUNDATION TECHNICALLY EXPERIENCED A SUBSTANTIAL CONTRACTION IT WILL CONTINUE IN EXISTENCE AND HAS NO PLANS FOR DISSOLUTION. THE FOUNDATION MADE DISTRIBUTIONS OF CASH TO THE GRANTEES LISTED IN THE ATTACHMENT TO PART XIV LINE 3A; EACH SUCH GRANT WAS MADE SOLELY FOR THE CHARITABLE PURPOSE SPECIFIED THEREIN. Legal advice 749 0 0 749 Bank fees 1820 0 0 1820 Directors Insurance 2648 0 0 2648 Other 155 0 0 155