2024-05-01T13:43:07+00:00 2023-07-31 990 2023-01-01 770003554 Goleta Valley Cottage Hospital Foundation GOLE 8052876903 Attn Finance PO Box 689 Goleta CA 93102 Kristin Tufvesson VP Finance 2024-05-01 Tony Vallejo 999009999 true 2023 2023-04-26 12:10:37Z X Anne Pazier Attn Finance PO Box 689 Goleta CA 93102 989559 false X https://www.cottagehealth.org/donate/santa-barbara-cottage-hospital-foundation/ X 1988 CA Goleta Valley Cottage Hospital Foundation operates solely for the benefit of Goleta Valley Cottage Hospital. It is organized specifically to develop, manage and channel the community's philanthropic support on behalf of the Goleta Valley Cottage Hospital. On July 31, 2023, the Foundation terminated and transferred all assets to the Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. X 13 13 0 62 0 0 851408 287699 0 0 107426 34276 -13727 -14071 945107 307904 176494 4007360 0 0 0 0 18406 203885 78581 380379 4085941 564728 -3778037 9482475 0 172430 0 9310045 0 X Goleta Valley Cottage Hospital Foundation operates solely for the benefit of Goleta Valley Cottage Hospital. It is organized specifically to develop, manage and channel the community's philanthropic support on behalf of the Goleta Valley Cottage Hospital. On July 31, 2023, the Foundation terminated and transferred all assets to the Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. false true 4007360 4007360 0 To support equipment needs and operations of Goleta Valley Cottage Hospital and their patients 4007360 true true false false false false false false true false false false false false true false false false false false false false false true false false true true false false false false false false false false false false false true true false false false false false true 0 0 0 false false false false false false false false false false false false X 13 13 false false true false false false false true true false false false false false false false CA X Martha Vitalari 8053249903 6550 Hollister Goleta CA 93117 X Anne Pazier Chair 3.0 0 X X 0 0 0 Antoinette McCauley Vice Chair 3.0 0 X X 0 0 0 Tony Vallejo CPA Treasurer 3.0 0 X X 0 0 0 Jack Turney Director 2.0 0 X 0 0 0 James Kyriaco Director 2.0 0 X 0 0 0 Jeff Cole Director 2.0 0 X 0 0 0 Kirsten Deshler Secretary 3.0 0 X 0 0 0 Kristen Miller Director 2.0 0 X 0 0 0 Martin Plourd Director 2.0 0 X 0 0 0 Megan Stichter CPA Director 2.0 0 X 0 0 0 Nevin Pallad Director 2.0 0 X 0 0 0 Samantha Onnen Director 2.0 0 X 0 0 0 Susan Epstein Director 2.0 0 X 0 0 0 0 0 0 0 false false false 0 65712 221987 4402 287699 0 0 0 0 0 80826 80826 0 0 604026 650576 -46550 0 -46550 -46550 17008 65712 31079 -14071 -14071 0 0 0 0 0 307904 0 0 20205 4000000 4000000 7360 7360 38616 20759 17857 1755 1755 24642 24642 12003 12003 1134 0 585 549 331 331 Taxes, licenses and fees 100 100 0 0 0 0 4085941 4007360 60175 18406 499977 0 238604 0 5190307 0 0 0 0 0 0 0 0 0 3267517 0 115758 0 170312 0 9482475 0 172430 0 0 0 0 0 172430 0 2348790 0 6961255 0 9310045 0 9482475 0 X -3778037 253578 -5785586 X false false false X 543275 839765 864312 851408 290339 3389099 0 0 543275 839765 864312 851408 290339 3389099 2035333 1353766 69146 76610 141766 126583 80826 494931 0 0 0 0 0 0 0 3884030 0 0.3485 0.3698 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300000 27246 327246 300000 300000 300000 0 300000 300000 0 300000 300000 0 300000 0.0 1.0 0.0 false false 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds The Endowment fund is intended for the continuing support of Goleta Valley Cottage Hospital. This endowment, along with all assets, has been transferred to the new foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. 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 2020. MILES FOR MOM RUN 82720 65712 17008 8899 13960 1991 6229 0 0 82720 65712 17008 8899 13960 1991 6229 31079 -14071 true Goleta Valley Cottage Hospital 351 So Patterson Goleta CA 93111 952413596 501(C)3 4000000 0 Contribution towards Capital Campaign of the Hospital 4000000 0 Assistance to Needy Families 98 7360 Schedule I, Part III, Column (b) Estimated Number Of Recipients Assistance to Needy Families : Assistance with food and transportation to patient families in need. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The Foundation's Board approves all grants made to Goleta Valley Cottage Hospital. The Family Assistance Fund Committee reviews all applications for grants to individuals. Cash held in checking account 2023-08-01 1209501 Bank balances 260433816 Fndtn for Cottage Rehabilitation Goleta Valley Cottage Hospitals PO BOX 689 Santa Barbara CA 93102 501(c)3 cash held in money market 2023-08-01 119298 Bank balance 260433816 Fndtn for Cottage Rehabilitation Goleta Valley Cottage Hospitals PO Box 689 santa barbara CA 93102 501(c)3 Investment Accounts 2023-08-29 3773010 SCHWAB ACCOUNT BALANCES 260433816 Fndtn for Cottage Rehabilitation Goleta Valley Cottage Hospitals PO Box 689 santa barbara CA 93102 501(c)3 Pledge receivables, other receivables, net of accounts payable 2023-08-01 797516 Book value 260433816 Fndtn for Cottage Rehabilitation Goleta Valley Cottage Hospitals PO Box 689 santa barbara CA 93102 501(c)3 true false false false true true true true false see details in part 1 true Schedule N, Part I, Line 2a Interested person is a director or trustee of successor org. All assets were transferred to Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. (FCRGVCH) Members of both prior boards were selected to continue serving on a newly appointed board. Members from this foundation board moving to the Board of FCRGVCH are Anne Pazier, Jeff Cole, Susan Epstein, James Kyriaco, Antoinette McCauley, Kristin Miller, Samantha Onnen, Nevin Pallad, Martin Plourd, Megan Stichter, and Tony Vallejo. Schedule N, Part II, Line 2a Interested person is a director or trustee of transferee org. All assets were transferred to Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. (FCRGVCH) Members of both prior boards were selected to continue serving on a newly appointed board. Members from this foundation board moving to the Board of FCRGVCH are Anne Pazier, Jeff Cole, Susan Epstein, James Kyriaco, Antoinette McCauley, Kristin Miller, Samantha Onnen, Nevin Pallad, Martin Plourd, Megan Stichter, and Tony Vallejo. Form 990, Part III, Line 3 Significant changes in program services On July 31, 2023, the Foundation terminated operations and transferred all assets to the Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. Form 990, Part VI, Line 12a Conflict of interest Board members submit an annual conflict of interest disclosure form. A board member who is deemed to have a conflict of interest is excused from decision making processes on matters involving a potential conflict of interest. Form 990, Part VI, Line 4 Significant changes to organizational documents The organization ceased operations as of July 31, 2023. Assets were transferred to The Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. Several Board members transitioned to the receiving foundation. Form 990, Part VI, Line 11b Review of form 990 by governing body The accounting department prepared form 990 and it was reviewed by the accounting manager. The form was then provided to the Foundation administrator of the receiving Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals. The administrator reviewed with the Treasurer of the Board. Once reviewed, the 990 is finalized. Form 990, Part VI, Line 19 Required documents available to the public The organization will provide its governing documents and financial statements to the public upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Assets and Liabilities transfered to Foundation for Cottage Rehabilitation and Goleta Valley Hospitals - -5899325; Change in value of Pledge Receivables - 113739;