2025-09-16T17:44:30+00:00 2024-12-31 990 2024-01-01 953308522 Santa Ynez Valley Cottage Hospital Foundation SANT 8052876903 Attn Finance Dept 2050 Viborg Road Solvang CA 93463 Danielle Kent Director of Affiliated Foundations 2025-09-16 2024 2025-03-06 01:10:19Z X Richard Nagler Attn Finance Dept 2050 Viborg Road Solvang CA 93463 9937243 false X X 1978 CA It is the mission of the Santa Ynez Valley Cottage Hospital Foundation to develop, manage and channel the community's financial support on behalf of Santa Ynez Valley Cottage Hospital, thereby serving not only to protect, but also enhance the hospital as a valuable community asset. 12 12 0 12 0 651794 702143 0 426289 1554922 -42699 0 1035384 2257065 1099066 477152 0 0 0 220625 552751 540915 1651817 1018067 -616433 1238998 16791912 18581653 61024 1103 16730888 18580550 It is the mission of the Santa Ynez Valley Cottage Hospital Foundation to develop, manage and channel the community's financial support on behalf of Santa Ynez Valley Cottage Hospital, thereby serving not only to protect, but also enhance the hospital as a valuable community asset. false false 486957 477152 Santa Ynez Valley Cottage Hospital Foundation is a nonprofit public benefit corporation created to support Santa Ynez Valley Cottage Hospital (hospital) by soliciting, receiving and maintaining gifts of money and property and to distribute money and property for charitable, scientific, operational and educational activities for the hospital. The foundation provided support for programs and capital improvements for the hospital by providing funds for the hospital's Tele Stroke program, the CT Replacement campaign and support for the health fair and drive through vaccine clinic. In addition, the foundation provides nursing scholarships each year to students entering a medical field. 486957 true true false false false false false false false true false false false true false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 4 0 true 0 false false false false false false false false false false false false X 12 12 false false false false false false false true true false false false false true true true false false false false false false CA X Martha Vitalari 8052876903 7408 Hollister Goleta CA 93117 Judith Dale Vice President 3.0 0 X X 0 0 0 Michael Sgobba Treasurer 3.0 0 X X 0 0 0 Richard Nagler President 3.0 0 X X 0 0 0 Tresha Sell Secretary 3.0 0 X X 0 0 0 Barbara Anderson Director 2.0 0 X 0 0 0 Charles Chester Director 2.0 0 X 0 0 0 Charles Jackson Director 2.0 0 X 0 0 0 Ernest Zomalt Director 2.0 0 X 0 0 0 Gustavo A Dascanio MD Director 2.0 0 X 0 0 0 J Robert Andrews Director 2.0 0 X 0 0 0 Jonathan Grunzweig Director 2.0 0 X 0 0 0 Richard Crutchfield Director 2.0 0 X 0 0 0 0 0 0 false false false Cottage Health 400 W Pueblo Santa Barbara CA 93105 Accounting, Tax reporting, Management, Fund raising support, including benefits 278061 0 702143 702143 0 0 0 0 0 406416 406416 0 0 8828684 7680178 1148506 0 1148506 1148506 0 0 0 0 0 0 2257065 0 0 1554922 476452 476452 700 700 247357 137223 110134 37776 37776 99988 99988 74741 6016 0 68725 41789 189 41600 6404 1850 4538 16 21849 1750 20099 10555 10555 86 86 Taxes, Licenses and Fees 220 220 Dues and Subscriptions 150 150 0 0 0 0 1018067 486957 310485 220625 1215051 1221448 48365 46763 148014 337499 0 0 0 0 116 0 0 0 0 0 14431131 15965009 0 0 949235 1010934 16791912 18581653 61024 1103 0 0 0 0 61024 1103 11913953 13380102 4816935 5200448 16730888 18580550 16791912 18581653 X 1238998 546781 63883 X false true true false X 702323 629397 879232 651794 702143 3564889 0 0 702323 629397 879232 651794 702143 3564889 1047664 2517225 236860 233949 340605 421025 406417 1638856 0 0 0 0 0 0 0 0 0 0 0 0 5203745 0 0.48373 0.40712 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3670280 105014 35507 3810801 3569227 101053 3670280 3569149 78 3569227 3567515 1634 3569149 3566401 1114 3567515 0.0 1.0 0.0 false false Charitable Remainder Trusts and Gift Annuities 871578 Charitable Lead Trust 83481 Other assets 55875 1010934 0 X 2767482 546781 63883 610664 2156818 99988 259 100247 2257065 917820 -259 -259 918079 99988 0 99988 1018067 Schedule D, Part V, Line 4 Intended uses of endowment funds The income on the endowment funds will be used for continuing support of Santa Ynez Valley Cottage Hospital and for nursing scholarships. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation completed an analysis of its tax positions in accordance with Accounting Standards Codification (ASC) 740, Income Taxes, and determined that there are no uncertain tax positions taken or expected to be taken. The Foundation has recognized no interest or penalties related to uncertain tax positions. The Foundation is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Foundation believes it is no longer subject to income tax examinations for years prior to 2021. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Value of CRTs - 63883 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Bad debt expense - 259 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Bad Debt Expense - -259 true Santa Ynez Valley Cottage Hospital 2050 Viborg Solvang CA 93463 952224265 501c3 476452 Replacement of aging equipment and support of ongoing operations and programs 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Funds are provided to Santa Ynez Valley Cottage Hospital after completion of specific expenditures have occurred. The support for the expenditures is presented to the Foundation Board, which then makes the decision of what will be granted in funds. Form 990, Part VI, Line 15 There are no paid officers or board members. Form 990, Part VI, Line 11b Review of form 990 by governing body The accounting department prepares the Form 990 and it is reviewed by the accounting manager. Form 990 is then provided to the Foundation Administrator for review with a board member. Once reviewed the 990 is finalized. Form 990, Part VI, Line 12c Conflict of interest policy Conflict of interest: The Board may require Directors, Officers, employees and members of any adjunct organization or other selected individuals to submit regular annual statements disclosing any existing or potential conflict of interest, and to promptly inform the Board in the event a potential conflict arises. The Board may also provide for such corrective action as it deems appropriate by reason of a failure to disclose such conflicts of interest, which may include removal from a position or office. A person shall be deemed to have an "interest" in a contract or other transaction if he or she is the party (or one of the parties) contracting or dealing with the Foundation, or is a Director or officer of, or has a direct or indirect material financial or influential interest in the entity contracting or dealing with the Foundation. Form 990, Part VI, Line 19 Required documents available to the public The organization makes its governing documents and financial statements available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of Charitable Remainder Trusts, Gift annuities and Pledge receivables - 63883;