Better Business Bureau

Charity Contact Information BBB Wise Giving Alliance Comments Programs

Tax Status Governance Fund Raising Financial

Name:	Virginia Health Care Foundation
Address:	707 East Main Street, Suite 1350
	Richmond, VA 23219
Phone:	(804) 828-5804
Web Address:	www.vhcf.org

Over the years, VHCF has been instrumental in building a network of “health care safety net” organizations (free clinics, community health care centers, and similar organizations)throughout the Commonwealth (from 33 -170), which provide medical, dental and/or mental health care and prescription medicines to uninsured Virginians with incomes less than or equal to 200% of the federal poverty level. More than 600,000 Virginians have directly benefited from VHCF programs and initiatives. As the recession has caused many Virginians to lose their jobs and health insurance, thousands of new patients have sought help from this health safety net, often overwhelming it. VHCF has been able to respond in a meaningful way. In the past year: -VHCF funded 26 doctors, dentists, nurse practitioners, and mental health professionals who treated patients via 56,000 visits. -"The Pharmacy Connection," VHCF’s special software, generated a record-breaking $162 million (Average Wholesale Price) in free prescription medicines for over 46,000 uninsured Virginians with chronic illnesses. -More than 5,000 uninsured children obtained health insurance via VHCF’s Project Connect outreach workers.

For the fiscal year ended June 30, 2010, VHCF's program expenses were:

Program services - grants	7,066,079
Total Program Expenses:	$7,066,079

Chief Executive : Deborah D. Oswalt, Executive Director

Compensation*:

$165,524

Chair of the Board: George A. Levicki, DDS
Chair's Profession / Business Affiliation: President & CEO, Delta Dental of Virginia

Board Size: 13

Paid Staff Size: 15

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet

Fund raising costs were 3% of related contributions. (Related contributions, which totaled $6,960,793, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on VHCF's audited financial statements - consolidated for the fiscal year ended June 30, 2010.

Source of Funds
Appropriations	3,876,542
Contributions	3,084,251
Contract revenue	424,667
Unrealized net gains on investments	362,798
Investment income	224,227
Other income	103,156
VHC membership interest	19,445
Total Income	$8,095,086

Uses of Funds as a % of Total Expenses

Programs: 91%  Fund Raising: 2%  Administrative: 7%

Total income				$8,095,086
	Program expenses			$7,066,079
	Fund raising expenses			176,997
	Administrative expenses			525,222
Total expenses				$7,768,298
Income in Excess of Expenses				326,788
Beginning net assets				10,125,223
Ending net assets				10,452,011
Total liabilities				5,525,032
Total assets				$15,977,043