Services and Financials
Northwest Health Foundation is an experienced partner in helping donors and organizations have an impact.
Let us know if we can help.
We are experienced in:
Establishing advised funds for perpetuity or a defined goal.
Designing a grant making program that creates the community impact you seek.
Convening groups of donors interested in forming partnerships around a region, focus area, or demographic.
Working with fund advisors to improve philanthropy-related skills and creating programs that develop leaders.
Financials & Stewardship
Northwest Health Foundation is a sound financial steward. Our thorough investment policies for the endowment and other funds are overseen by our Director of Finance and Board Finance Committee, directing the work of financial consultants and identifying appropriate investment strategies within our approved asset allocation. Finance Committee members and Foundation staff interact with advisors, and require monthly reviews of performance and quarterly full performance reviews.
Financial audits are conducted annually and available here: 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023
IRS 990 forms are available through Guidestar for both the Northwest Health Foundation and Northwest Health Foundation Fund II.
Legal Structure
Northwest Health Foundation (the Foundation) was formed in October of 1997 with net proceeds from the sale of the PACC Companies to Foundation Health Systems, Inc. and its subsidiary, Health Net Health Plan of Oregon (formerly QualMed Oregon Health Plan, Inc.). It is currently incorporated as a 501(c)(4) Social Welfare Corporation.
In 2003, the Foundation established Northwest Health Foundation Fund II, a 501(c)(3) Public Charity Corporation. This corporation exists to manage contributions, grants and donor-advised funds.
The foundation can provide services and grantmaking through either legal entity.
Our services
Donor-Advised Funds
Are you interested in making ongoing funding decisions without the the higher costs of direct giving or creating a private foundation?
Northwest Health Foundation’s donor-advised fund services are tailored to the donor’s specifications. Core elements of our services include supporting the fund advisory committee with administrative and programmatic expertise, grants management and financial management and reporting of assets. Fund advisory committee support can include the full-service process of solicitation, recommendation, and distribution of grants, or any combination thereof.
Donor-Restricted Funds
Are you interested in single or pooled funds in a given focus?
Donor-restricted funds accommodate donors who wish to contribute to a specific health subject without necessarily being involved in the ongoing direction of those funds. Often, multiple donors make contributions to one donor-restricted fund, pooling their resources in one area of focus.
Funding Partnerships
Are you looking for on-the-ground relationships or leveraged impact?
Northwest Health Foundation is currently partnering with the State of Oregon to distribute $10 million to culturally specific organizations and culturally responsive providers through the Justice Reinvestment Equity Program. NWHF also partnered with Robert Wood Johnson Foundation from 2005 through 2015 to administer a national program helping local foundations address the national nursing shortage. Partners Investing in Nursing’s Future used the NWHF Nursing Initiative as a model and leveraged the expertise gained in this program. Funding for grants and administrative costs were provided to NWHF by Robert Wood Johnson Foundation.
Restricted or Unrestricted Contributions
NWHF is able and prepared to receive, on a donor partner’s behalf, gifts and contributions in various forms, such as stock, real estate, and testamentary trusts.