Nonprofit · EIN 93-1231494
PROVIDENCE PORTLAND MEDICAL FOUNDATION
Tax-exempt · PORTLAND, OR 97213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $35,723,775 | $35,764,178 | -$40,403 | $249,332,095 | $5,644,564 | $243,687,531 |
| December 31, 2023 | 990 | $31,116,107 | $23,486,569 | $7,629,538 | $243,813,197 | $9,104,689 | $234,708,508 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,539,291
- of which government grants
- $1,898,755
- Program service revenue
- $0
- Investment income
- $15,691,137
- Net gain from sales of assets
- $10,526,101
- Net income from fundraising events
- -$506,653
- Other revenue
- -$506,653
Expenses
- Grants and similar amounts paid
- $33,921,467
- Other salaries and wages
- $476,109
- Salaries, compensation and benefits (total)
- $671,648
- Professional fundraising fees
- $0
- Legal fees
- $300
- Occupancy
- $816
- Travel
- $21,067
- Depreciation
- $41,665
- Program services (functional)
- $33,921,467
- Management and general (functional)
- $1,162,358
- Fundraising (functional)
- $680,353
Balance sheet and other
- Total assets, start of year
- $243,813,197
- Total assets, end of year
- $249,332,095
- Total liabilities, end of year
- $5,644,564
- Net assets, end of year
- $243,687,531
- Publicly traded securities
- $227,786,235
- Net assets without donor restrictions
- $99,356,502
- Net assets with donor restrictions
- $144,331,029
- Gross receipts
- $37,968,008
- Employees
- 0
- Volunteers
- 45
- Year formed
- 1981
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KELLY S BUECHLER | FRMR OFF. - OR REG. CPO Former | 0 | $0 | $488,272 | $27,586 |
| CHELSEA SOKOLOW | CHIEF PHILANTHROPY OFF. Officer | 50 | $0 | $276,301 | $28,950 |
| DANIEL N FORD | VICE CHAIR/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERIN MILLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM C KENNEDY | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALEXIA BOUNDS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ARLENE AUSTINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BOB GROVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| C ANDREW GIBSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROLYNN LYNN LOACKER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHERYL BRADLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELLEN S GYLLSTROM | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| F MIKE NUGENT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GARY ALTON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GAYLAND R LOONEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFF SCHNABEL | DIRECTOR Trustee or director | 0.5 | $0 |
| JIM REYNOLDS | DIRECTOR Trustee or director | 0.5 | $0 |
| JOHN J DAVIDSON | DIRECTOR Trustee or director | 0.5 | $0 |
| KRISTI RICHARDS | DIRECTOR Trustee or director | 0.5 | $0 |
| MARILYN SHOLIAN | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK KRALJ | DIRECTOR - THRU 10/24 Trustee or director | 0.5 | $0 |
| NANCY C LEMATTA | DIRECTOR Trustee or director | 0.5 | $0 |
| SHAGHAYEGH ALIABADI MD | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHEN BADER MD | DIRECTOR - THRU 2/24 Trustee or director | 0.5 | $0 |
| STU PETERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| WADE ADEOGUN | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KELLY S BUECHLER | FRMR OFF. - OR REG. CPO Former | 0 | $0 | $510,293 | $106,270 |
| CHELSEA SOKOLOW | CHIEF PHILANTHROPY OFFICER Officer | 50 | $0 | $246,782 | $25,715 |
| ARLENE AUSTINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BRUCE A SCHOEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| C ANDREW GIBSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROLYNN LYNN LOACKER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CHERYL BRADLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| DANIEL N FORD | VICE CHAIR/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ELLEN S GYLLSTROM | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ERIN MILLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| F MIKE NUGENT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| GAYLAND R LOONEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JEFF SCHNABEL | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JIM REYNOLDS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN J DAVIDSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KRISTI RICHARDS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARILYN SHOLIAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARK KRALJ | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| NANCY C LEMATTA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| PAUL H LABBY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHAGHAYEGH ALIABADI MD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| STEPHEN BADER MD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| STU PETERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| WADE ADEOGUN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| WILLIAM C KENNEDY | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4805 NE GLISAN ST, PORTLAND, OR 97213-2933
- In care of
- % STEPHEN CASSELL
- Principal officer (990 for 2024)
- CHELSEA SOKOLOW, 4805 NE GLISAN STREET, PORTLAND, OR 972132967
- Signed the 990
- CHELSEA SOKOLOW, CHIEF PHILANTHROPY OFF.
- Phone
- (503) 215-6186
- Return prepared by
- ERNST & YOUNG US LLP
Mission
AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.
Program accomplishments
- SEE SCHEDULE OAT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE HEALTH CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY. TOGETHER, OUR 125,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,014 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE AFFILIATE FAMILY INCLUDES: -PROVIDENCE ACROSS FIVE WESTERN STATES -COVENANT HEALTH IN WEST TEXAS AND NEW MEXICO -FACEY MEDICAL GROUP IN LOS ANGELES, CA -KADLEC IN SOUTHEAST WASHINGTON -PACIFIC MEDICAL CENTERS IN SEATTLE, WA -SWEDISH HEALTH SERVICES IN SEATTLE, WAIN 2024, PROVIDENCE MINISTRIES AND AFFILIATES PROVIDED $1.9 BILLION IN COMMUNITY BENEFIT PROGRAMS. THIS INCLUDES FREE AND DISCOUNTED CARE, UNCOMPENSATED AND SUBSIDIZED CARE, AND OTHER COMMUNITY HEALTH ACTIVITIES. ONE OF THESE VITAL PROGRAMS, MEDICAID, IS A LIFELINE FOR MILLIONS OF INDIVIDUALS, INCLUDING SENIORS, CHILDREN, PREGNANT PATIENTS, THOSE WITH DISABILITIES AND VETERANS. WE ARE GRATEFUL TO EVERYONE IN OUR COMMUNITIES WHO HAS JOINED US IN ADVOCATING FOR CONTINUED FUNDING AND EXPANSION OF THIS PROGRAM. TOGETHER, WE ARE HELPING TO ENSURE MORE PEOPLE HAVE ACCESS TO NEEDED CARE. FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT THROUGH OUR COMMUNITY BENEFIT PROGRAMS, WE FOCUS ON MEETING THE DIVERSE NEEDS OF THE PEOPLE WE SERVE BY WORKING TO ENSURE BASIC HEALTH NEEDS ARE MET, REMOVING BARRIERS TO CARE, BUILDING COMMUNITY RESILIENCE AND INNOVATING FOR THE FUTURE. PROVIDENCE CONTINUES TO WORK TOWARDS CARBON NEGATIVE AND IN 2024 DECREASED EMISSIONS BY 19 PERCENT COMPARED TO OUR 2019 BASELINE. OUR EFFORTS EARNED US A SYSTEM RECORD 55 ENVIRONMENTAL EXCELLENCE AWARDS FROM PRACTICE GREENHEALTH AND MADE US THE FIRST LARGE SYSTEM TO RECEIVE THE JOINT COMMISSION'S SUSTAINABLE HEALTHCARE CERTIFICATION IN 2024 FOR EACH OF OUR HOSPITALS. WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT PROVIDENCE PORTLAND MEDICAL FOUNDATION PROVIDES OPERATIONAL AND CAPITAL SUPPORT TO A NUMBER OF HOSPITAL PROGRAMS. THE MAJORITY OF THE FOUNDATION'S ANNUAL FUNDING GOES TO SUPPORT CANCER RESEARCH EFFORTS FOR THE ROBERT W. FRANZ CANCER CENTER AND THE EARLE A. CHILES RESEARCH INSTITUTE. OUR SCIENTISTS CONTINUE TO MAKE DRAMATIC PROGRESS IN THE RACE TO FIND A CURE FOR CANCER USING THE BODY'S OWN IMMUNE SYSTEM. IMMUNOTHERAPY HAS BEEN SHOWN TO BE HIGHLY EFFECTIVE IN SEVERAL TYPES OF ADVANCED CANCERS, INCLUDING LUNG, BLADDER, PANCREATIC, LYMPHOMA, AND KIDNEY CANCERS, AS WELL AS MELANOMA. IN 2024, WE CONTINUED TO SUPPORT GROWTH WITHIN CANCER RESEARCH RAISING OVER $8,000,000 FOR THE RECRUITMENT OF NEW SCIENTISTS AND TO SUPPORT THE ONGOING NEEDS OF THE CANCER INSTITUTE. THE FOUNDATION CONTINUED FUNDRAISING TO TRANSFORM AND EXPAND THE EMERGENCY DEPARTMENT AT THE HOSPITAL, RAISING OVER $4,000,000 IN 2024. WE ALSO SUPPORTED MANY CHILDREN'S HEALTH PRIORITIES, SECURING OVER $1,700,000 IN 2024. THERE WAS CONTINUED FOCUS ON BEHAVIORAL HEALTH PRIORITIES INCLUDING GRANTS TO PROVIDE PROGRAMMATIC SUPPORT FOR THE NEW STABILIZATION AND RECOVERY AREA AT THE HOSPITAL. IN TOTAL, WE RAISED OVER $2,700,000 FOR BEHAVIORAL HEALTH. OTHER GRANTS & ALLOCATIONS TO PPMC FOR INTERNAL MEDICINE RESIDENCY PROGRAM, HOSPITALIST PROGRAM, HEART SERVICES, SENIOR HEALTH SERVICES, AND PEDIATRICS.Expenses $33,921,467 · grants $33,921,467
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 93-1231494
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E112)
- Assets (IRS master file)
- $249,332,095
- Income (IRS master file)
- $37,968,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $35,723,775 | $35,764,178 | $249,332,095 | XML |
| 990 | December 2023 | $31,116,107 | $23,486,569 | $243,813,197 | XML |
| 990 | December 2022 | $17,555,616 | $13,358,407 | $198,322,059 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-1231494).
Questions about PROVIDENCE PORTLAND MEDICAL FOUNDATION
- What is the EIN of PROVIDENCE PORTLAND MEDICAL FOUNDATION?
- The employer identification number (EIN) of PROVIDENCE PORTLAND MEDICAL FOUNDATION is 93-1231494.
- Is PROVIDENCE PORTLAND MEDICAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to PROVIDENCE PORTLAND MEDICAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PROVIDENCE PORTLAND MEDICAL FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROVIDENCE PORTLAND MEDICAL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROVIDENCE PORTLAND MEDICAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PROVIDENCE PORTLAND MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2024 names CHELSEA SOKOLOW.
- Who are the officers and directors of PROVIDENCE PORTLAND MEDICAL FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 26 people; 0 received compensation from the organization.
- How much revenue does PROVIDENCE PORTLAND MEDICAL FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $35,723,775, expenses of $35,764,178 and total assets of $249,332,095 at year end.
Other nonprofits in PORTLAND
- HEALTH SHARE OF OREGON EIN 45-5093195 · last filed 990 for 2024
- CAREOREGON INC EIN 93-0933975 · last filed 990 for 2024
- LEGACY EMANUEL HOSPITAL & HEALTH CENTER EIN 93-0386823 · last filed 990 for 2025
- LEGACY GOOD SAMARITAN HOSPITAL AND MEDICAL CENTER PAYROLL DEPT EIN 93-0386793 · last filed 990 for 2025
- LEGACY HEALTH EIN 23-7426300 · last filed 990 for 2025
- HEALTH PLAN OF CAREOREGON INC EIN 46-3264330 · last filed 990 for 2024
- OCHIN INC EIN 20-0195556 · last filed 990 for 2025
- PROVIDENCE ST VINCENT MEDICAL FOUNDATION EIN 93-0575982 · last filed 990 for 2024