2026-08-17T16:28:26-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2024-10-01 936087366 ASANTE FOUNDATION ASAN 5417895590 229 BARTLETT STREET MEDFORD OR 97504 HEATHER ROWENHORST CFO 5417895098 2026-08-14 1 1 KURT BENNION CPA P01469618 4252506100 2026-08-10 2024 2025-03-06 01:10:19Z TOM GESSEL 229 BARTLETT STREET MEDFORD OR 97504 7544923 0 X WWW.ASANTE.ORG/GIVING/ X 1973 OR SUPPORT ASANTE HEALTH SYSTEM AND ITS HEALTHCARE SERVICES BASED IN SOUTHERN OREGON. 21 18 0 108 1294 0 3454865 5381525 0 0 1579049 2123205 2189 40193 5036103 7544923 29327104 8539946 0 0 1702206 1538314 0 0 0 786127 686743 31815437 10765003 -26779334 -3220080 68644920 85317069 30628777 47167466 38016143 38149603 X THE ASANTE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO RAISE MONIES AND IN-KIND DONATIONS TO FURTHER THE EXEMPT PURPOSE OF ASANTE, A 501(C)(3) HOSPITAL AND HEALTHCARE SYSTEM WHICH SERVICES THE HEALTHCARE NEEDS OF THE CITIZENS OF SOUTHERN OREGON. 0 0 7000629 6907946 0 ASANTE FOUNDATION'S PRIMARY PROGRAM SERVICE IS TO ASSESS AND SUPPORT THE NEEDS OF THE HOSPITALS AND COMMUNITIES IT SERVES THROUGH PHILANTHROPIC INVESTMENT IN CLINICAL PROGRAMS, EQUIPMENT, AND CAPITAL PROJECTS. DURING FISCAL YEAR 2025, THE FOUNDATION RAISED MORE THAN $7.65 MILLION TO BENEFIT DEPARTMENTS AND INITIATIVES ACROSS ASANTE.APPROXIMATELY $1.76 MILLION SUPPORTED ASANTE CANCER SERVICES, INCLUDING $197,000 IN PATIENT ASSISTANCE FUNDS FOR TRANSPORTATION, LODGING, AND OTHER HEALTH-RELATED SOCIAL NEEDS, AND $47,500 TO OFFSET COSTS OF MAMMOGRAMS AND BIOPSIES NOT COVERED BY INSURANCE. THE FOUNDATION ALSO PROVIDED OVER $468,000 FOR CARDIAC CATH LAB RENOVATION AND MORE THAN $69,000 FOR SIMULATION LAB EQUIPMENT.AT ROGUE REGIONAL MEDICAL CENTER IN MEDFORD, OREGON, THE FOUNDATION PROVIDED $1.7 MILLION FOR CHILDREN'S HEALTH, INCLUDING $829,000 DESIGNATED FOR FUTURE NEEDS OF THE OLSRUD FAMILY WOMEN'S AND CHILDREN'S HOSPITAL. ADDITIONAL SUPPORT INCLUDED $257,000 FOR BEHAVIORAL HEALTH AND $47,500 FOR FORENSIC MEDICAL SERVICES, ALONG WITH FUNDING FOR SURGICAL, CRITICAL CARE, AND END-OF-LIFE SERVICES. 1390408 1372000 0 DURING FISCAL YEAR 2025, THE FOUNDATION RAISED FUNDS TO SUPPORT CAPITAL PROJECTS AND CLINICAL SERVICES AT THREE RIVERS MEDICAL CENTER IN GRANTS PASS, OREGON. THIS INCLUDED A $500,000 GRANT FOR A SECOND LINEAR ACCELERATOR AT SPEARS CANCER CENTER, $582,000 FOR EXPANSION OF THE GRANTS PASS FAMILY HOUSE, AND $89,000 FOR ROBOTIC SURGERY EQUIPMENT.THE FOUNDATION ALSO RAISED APPROXIMATELY $201,000 IN COMMUNITY DONATIONS TO SUPPORT GENERAL HOSPITAL NEEDS, INCLUDING EMERGENCY SERVICES AND ONCOLOGY CARE. 263488 260000 0 THE FOUNDATION RAISED OVER $260,000 DURING FISCAL YEAR 2025 TO SUPPORT PROGRAMS AND SERVICES AT ASHLAND COMMUNITY HOSPITAL IN ASHLAND, OREGON. FUNDING SUPPORTED EMERGENCY SERVICES, THE FAMILY BIRTH CENTER, AND GENERAL HOSPITAL NEEDS, ADVANCING ACCESS TO CARE IN THE LOCAL COMMUNITY. 8654525 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 21 18 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 OR X HEATHER ROWENHORST 5417895098 2650 SISKIYOU BLVD MEDFORD OR 97504 GEORGE ALAMEDA FORMER TRUSTEE 1.00 0.00 X X 0 0 0 PETER ANGSTADT TRUSTEE 2.00 2.00 X 0 0 0 SUSAN BINETTE TRUSTEE 1.00 2.00 X X 0 0 0 NANCY BREWOLD JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 CAROLINE BROOKS TRUSTEE 1.00 0.00 X 0 0 0 CHRISTOPHER DAVID MD TRUSTEE 1.00 40.00 X 0 393644 36659 MARK EISENSTEIN TRUSTEE 1.00 0.00 X 0 0 0 JUDY GAMBEE TRUSTEE 1.00 0.00 X 0 0 0 TOM GESSEL TRUSTEE 1.00 40.00 X X 0 1522287 64434 BRIAN HALL MD TRUSTEE 1.00 0.00 X 0 0 0 TRAVIS HAMLYN TRUSTEE 1.00 0.00 X X 0 0 0 HELEN KOENIGSMAN MD TRUSTEE 1.00 0.00 X 0 0 0 ROBB MAYERS TRUSTEE 1.00 0.00 X 0 0 0 SHANE MUSTARD TRUSTEE 1.00 0.00 X X 0 0 0 PATRICIA ORSINI TRUSTEE 1.00 0.00 X 0 0 0 DAN RIPPLINGER TRUSTEE 1.00 0.00 X 0 0 0 STEVE ROE TRUSTEE 1.00 2.00 X 0 0 0 JOHN SCHIAVONE TRUSTEE 1.00 0.00 X 0 0 0 MARK SCHIVELEY TRUSTEE 1.00 0.00 X 0 0 0 ROYAL STANDLEY TRUSTEE 1.00 0.00 X 0 0 0 JIM WRIGHT TRUSTEE 1.00 0.00 X 0 0 0 ANDREA REEDER TRUSTEE & CHIEF PHILANTHROPY OFFICER 1.00 40.00 X X 0 335212 32118 HEATHER ROWENHORST CHIEF FINANCIAL OFFICER 1.00 41.00 X 0 649525 63206 0 2900668 196417 0 0 1 0 0 5381525 29831 5381525 1262051 1262051 840631 20523 0 0 840631 20523 861154 861154 MISCELLANEOUS 900099 38899 38899 LEASE SALE COMMISSIONS 900099 1294 1294 40193 7544923 0 1294 2162104 8539946 8539946 1027249 1027249 59298 59298 359489 359489 92278 92278 57622 57622 154739 154739 47656 47656 104119 22690 81429 41070 41070 16261 16261 168831 168831 DUES & FEES 86273 86241 32 MISCELLANEOUS 8535 4073 4462 SUPPLIES 1575 1575 UBI TAXES 62 62 10765003 8654525 2110478 0 13313101 8138962 223170 7197254 6600029 54648 59938 0 0 32255 51025 116001 122090 2914501 983836 2099497 1930665 45713689 53026421 118475 15164769 68644920 85317069 9934 12920 30618843 47154546 30628777 47167466 X 9393537 12580685 28622606 25568918 38016143 38149603 68644920 85317069 -3220080 3353540 0 X X 0 1 X 1 0 X X X 2 ASANTE 930223960 3 1 8539946 0 ASANTE PHYSICIAN PARTNERS 383849354 3 1 0 0 2 8539946 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7728146 1400000 417958 348136 9197968 7672879 25000 383115 352848 7728146 7635097 26000 306846 295064 7672879 7562672 25000 370297 322872 7635097 7035242 286934 402584 162088 7562672 0.06660 0.90750 0.02590 0 0 390500 390500 782798 212717 570081 1741203 771119 970084 1930665 INTERCOMPANY RECEIVABLE 15164769 15164769 PAYROLL BENEFITS PAYABLE 39799 ANNUITIES DUE 86207 INTERCOMPANY PAYABLE 47028540 47154546 X PART V, LINE 4: THE ASANTE FOUNDATION, A 501(C)(3) ORGANIZATION, IS DIRECTLY RELATED TO AND CONTROLLED BY ASANTE. IT IS IDENTIFIED ON SCHEDULE R, PART II AS A RELATED TAX-EXEMPT ORGANIZATION. THE ASANTE FOUNDATION MAINTAINS THE ASSETS OF 18 DIFFERENT ENDOWMENTS WITH A NET WORTH OF JUST UNDER $9 MILLION. THE CORPUS OF THE ENDOWMENTS IS TO REMAIN INTACT AND INVESTED IN MARKETABLE SECURITIES AND OTHER FINANCIAL INSTRUMENTS. AT THE END OF EACH FISCAL YEAR, ANY INVESTMENT INCOME GENERATED FROM THE ENDOWMENTS IS MADE AVAILABLE TO FUND PROGRAMS AND PROJECTS IN LINE EACH ENDOWMENT'S DESIGNATION. THE INCOME RECEIVED IS USED TO SUBSIDIZE NUMEROUS PROGRAMS, INCLUDING THEEND OF LIFE CARE, PROVIDER EDUCATION, CHILDREN'S HEALTH, ONCOLOGY PROGRAMS, AND SUPPORT OF THE FAMILY HOUSES. PART X, LINE 2: ASANTE HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), EXCEPT FOR UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES ASANTE IS OPERATED IN A MANNER THAT QUALIFIES IT FOR TAX-EXEMPT STATUS. INCOME TAXES ARE PROVIDED FOR THE TAX EFFECTS OF TRANSACTIONS UNRELATED TO ASANTE'S TAX-EXEMPT PURPOSE REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS; HOWEVER, SUCH ACTIVITIES ARE NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY ASANTE AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF ASANTE HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN BY ASANTE AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2025, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR AN ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ASANTE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO SUCH AUDITS ARE CURRENTLY IN PROCESS. 1 ASANTE 2650 SISKIYOU BLVD MEDFORD OR 97504 930223960 501(C)(3) 8539946 0 SUPPORT HOSPITAL DEPARTMENTS, PROJECTS AND PROGRAMS, INCLUDING OFFSETTING FUNDS FOR HOSPITAL CONTRIBUTIONS TO JACKSON COUNTY SART ($55,000) 1 0 PART I, LINE 2: APPROPRIATE USE OF ALL TRANSFERRED FUNDS IS ENSURED THROUGH COMMON EXECUTIVE AND ADMINISTRATIVE MANAGEMENT. 0 1 0 0 0 0 0 0 0 CHRISTOPHER DAVID MD TRUSTEE 0 386544 0 7100 0 0 0 19093 0 17566 0 430303 0 0 TOM GESSEL TRUSTEE 0 1050000 0 472287 0 0 0 53500 0 10934 0 1586721 0 0 ANDREA REEDER TRUSTEE & CHIEF PHILANTHROPY OFFICER 0 257500 0 77671 0 41 0 21184 0 10934 0 367330 0 0 HEATHER ROWENHORST CHIEF FINANCIAL OFFICER 0 499000 0 150515 0 10 0 46000 0 17206 0 712731 0 0 PART I, LINE 4B ASANTE, THE PARENT CORPORATION OF THE FOUNDATION, HAS AN EXECUTIVE RESTORATION PLAN. THIS PLAN STATES FIXED PAYMENTS WILL BE RECEIVED AT PRE-DETERMINED INTERVALS FROM ASANTE IF STILL EMPLOYED BY ASANTE IN THEIR CURRENT ROLE AT THE TIME OF VESTING. IF EMPLOYMENT TERMINATES BY ASANTE FOR ANY REASON, PRIOR TO VESTING, THEY WILL NOT HAVE CLAIM TO THE FUNDS. DURING CALENDAR YEAR 2024, THE FOLLOWING AMOUNTS WERE CONTRIBUTED TO THE PLAN: TOM GESSEL - $253,312 HEATHER ROWENHORST - $63,738 ANDREA REEDER - $23,465 DURING CALENDAR YEAR 2024, THE FOLLOWING AMOUNTS WERE DISTRIBUTED OUT OF THE PLAN: TOM GESSEL - $44,250 HEATHER ROWENHORST - $41,300 ANDREA REEDER - $18,025 X 1 9000 FMV X 300 5941 FMV X MISCELLANEOUS 3221 9890 FMV X MARKETING & PUBLICITY 1 5000 FMV 0 0 1 1 PART I, COLUMN (B): AMOUNTS REPORTED IN PART I, COLUMN B REPRESENT THE NUMBER OF ITEMS CONTRIBUTED DURING THE FISCAL YEAR. PART I, LINE 32B: ALL SECURITIES DONATIONS ARE RECEIVED AND SOLD BY OUR INVESTMENT MANAGER. FORM 990, PART VI, SECTION A, LINE 3 ALL EXECUTIVE SERVICES ARE PROVIDED BY ASANTE, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 ASANTE IS THE SOLE MEMBER OF ASANTE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A ASANTE, AS THE SOLE MEMBER OF ASANTE FOUNDATION, RETAINS THE RIGHT TO APPOINT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ASANTE, AS THE SOLE MEMBER OF ASANTE FOUNDATION, RETAINS THE RIGHT TO APPROVE GOVERNANCE DECISIONS MADE BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORMS 990 AND 990-T ARE FEDERALLY MANDATED LEGAL DOCUMENTS THAT ARE HIGHLY REGULATED. BEFORE FINAL SUBMISSION OF THE FORM 990, IT WAS REVIEWED BY THE DIRECTOR OF FINANCE, THE CFO AND ASANTE'S EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ASANTE ELECTRONICALLY SURVEYS ALL ASANTE MANAGEMENT, KEY EMPLOYEES, AND BOARD MEMBERS A CONFLICT-OF-INTEREST QUESTIONNAIRE TO COMPLY WITH ASANTE'S CONFLICT OF INTEREST POLICY. THE PURPOSE OF THE POLICY IS TO PROTECT ASANTE'S INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF A BOARD MEMBER OR OFFICER OF THE CORPORATION. IN ADDITION, ALL ASANTE EMPLOYEES HAVE AN OBLIGATION TO DISCLOSE CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS TO THEIR SUPERVISOR. THE CHIEF COMPLIANCE OFFICER IS RESPONSIBLE FOR ADMINISTERING, MONITORING, AND INVESTIGATING ANY POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION COMMITTEE OF ASANTE'S BOARD OF DIRECTORS ANNUALLY REVIEWS THE COMPENSATION OF THE CEO AND OTHER KEY EMPLOYEES. THE REVIEW COMPARES THE COMPENSATION OF THE CEO AND OTHER KEY EMPLOYEES WITH COMPENSATION DATA FOR JOB INCUMBENTS IN COMPARABLE POSITIONS AT OTHER HEALTHCARE ORGANIZATIONS OF SIMILAR SIZE AND SCOPE. AT LEAST EVERY OTHER YEAR, THE REVIEW IS CONDUCTED AND RECOMMENDATIONS MADE TO THE EXECUTIVE COMPENSATION COMMITTEE BY AN OUTSIDE CONSULTANT, CHOSEN BY THE EXECUTIVE COMPENSATION COMMITTEE. IN YEARS THE OUTSIDE CONSULTANT IS NOT ENGAGED, GENERAL MARKET MOVEMENT IS CONSIDERED AND THE REVIEW IS COMPLETED AND PRESENTED BY ASANTE'S HUMAN RESOURCES EXECUTIVE. THE EXECUTIVE COMPENSATION COMMITTEE SETS THE ACTUAL ANNUAL CASH COMPENSATION FOR THE CEO AND SALARY RANGES FOR THE OTHER KEY EMPLOYEES. THE COMMITTEE ALSO SETS TOTAL COMPENSATION OPPORTUNITY FOR THE CEO AND EACH OF THE KEY EMPLOYEES, CONSISTENT WITH THE EXECUTIVE COMPENSATION PHILOSOPHY. MINUTES OF THE EXECUTIVE COMPENSATION COMMITTEE DELIBERATIONS AND DECISIONS ARE RECORDED AND MAINTAINED. THE MOST RECENT EXECUTIVE COMPENSATION REVIEW BY AN OUTSIDE CONSULTANT WAS COMPLETED IN SEPTEMBER 2025 WITH RECOMMENDATIONS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD IN OCTOBER 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH EMMA AND AS A COMPONENT OF FILED FORMS 990. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ASANTE 2650 SISKIYOU BLVD MEDFORD OR 97504 930223960 HEALTHCARE & MANAGEMENT ACTIVITIES OR 501(C)(3) LINE 3 N/A 0 ASANTE PHYSICIAN PARTNERS 2650 SISKIYOU BLVD MEDFORD OR 97504 383849354 PHYSICIAN GROUP OR 501(C)(3) LINE 3 ASANTE 0 SOUTHERN OREGON INSURANCE COMPANY 745 FORT STREET SUITE 800 HONOLULU HI 96813 201578637 CAPTIVE INSURANCE HI 501(C)(3) LINE 12B, II ASANTE 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0