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Colorado · Nonprofit

ASPEN VALLEY HOSPITAL FOUNDATION

ASPEN VALLEY HOSPITAL FOUNDATION (Colorado) receives grants from 130 organizations whose IRS filings report $19,737,982 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($7,675,000). 78 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$5.4M
Funders on record
130
Grants received
$20M
Net assets
$11M
78/130 repeat funderspeak grant-dependency 84%
01What it does

What Aspen Valley Hospital Foundation does

Mission

To raise and manage philanthropic support for the current and future needs of aspen valley hospital.

As stated on its FY2024 Form 990.

Program

  1. This foundation raised and granted a significant amount of funding for the third and fourth phases of the master facilities plan of aspen valley hospital district (avhd). This foundation continued to grant funds to its sole member, avhd. The grants are paid through current donations, prior year pledge payments, and from cash carried over from prior year donations.

    $2,916,295 spentof which $2,916,295 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,916,295.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.5M) Expenses 100 ($7.9M) Net assets -78 ($-1682517)2018 Revenue 90 ($5.0M) Expenses 80 ($6.3M) Net assets -140 ($-3021271)2019 Revenue 79 ($4.4M) Expenses 77 ($6.1M) Net assets -218 ($-4716066)2020 Revenue 96 ($5.3M) Expenses 78 ($6.2M) Net assets -257 ($-5540547)2021 Revenue 246 ($14M) Expenses 75 ($5.9M) Net assets 100 ($2.2M)2022 Revenue 174 ($9.6M) Expenses 51 ($4.1M) Net assets 359 ($7.8M)2023 Revenue 123 ($6.8M) Expenses 61 ($4.8M) Net assets 442 ($9.5M)2024 Revenue 98 ($5.4M) Expenses 53 ($4.2M) Net assets 499 ($11M)
'17'18'19'20'21'22'23'24
Revenue (98)Expenses (53)Net assets (499)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.1M to $8.4M (+38%).

$4.3M
$4.5M
$4.4M
$4.6M
$6.1M
$8.4M
$10M
$11M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

101% of ASPEN VALLEY HOSPITAL FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$2.4M
’17
−$1.3M
’18
−$1.7M
’19
−$824k
’20
$7.7M
’21
$5.6M
’22
$2.0M
’23
$1.2M
’24
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Cari Kulhman

Director/chairman

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed16161313131522
Joined·+2+1+2+2+3·
No longer listed·24221·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 24 funders to 48 funders, grant income fell $2.9M → $1.7M.

25 of 130 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 73% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ASPEN VALLEY HOSPITAL FOUNDATION’s funders (the co-funder graph). Top 30 of 130 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASPEN VALLEY HOSPITAL FOUNDATION leans on a few funders — its largest provides 39% of grant income and the top three 61%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASPEN VALLEY HOSPITAL FOUNDATION.

39%
largest funder
61%
top three
~5
effective funders

Largest funder’s share by year: 2017 69% · 2018 48% · 2019 62% · 2020 57% · 2021 15% · 2022 15% · 2023 24% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of ASPEN VALLEY HOSPITAL FOUNDATION's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

73% of ASPEN VALLEY HOSPITAL FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $5.3M that is directly attributable, 88% of it comes from funders outside Colorado, across 25 states.

WA
ID
IL
NY
MA
SD
IA
OH
PA
NJ
CT
CA
CO
MO
WV
VA
MD
DE
AZ
TN
NC
OK
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Colorado out of state home

Funder states come from each funder’s own filing. $14M arriving through sponsors registered in 16 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASPEN VALLEY HOSPITAL FOUNDATION runs a healthier operating margin than three-quarters of the 8,126 health nonprofits its size.

Operating margin23% · top quartile
Months of reserve18.2mo · top quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 8,126 health nonprofits $1M–$10M, FY2024

Organizations like ASPEN VALLEY HOSPITAL FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 10%Fundraising 21%

Governance

17
board members
82%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 29 states

AK
WA
ID
MN
IL
MI
NY
MA
OR
NV
OH
PA
NJ
CA
CO
MO
MD
DE
AZ
NM
KS
AR
TN
NC
SC
HI
OK
LA
MS

Part of a family of 1 related entity

  • Aspen Valley Hospital District · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ASPEN VALLEY HOSPITAL FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASPEN VALLEY HOSPITAL FOUNDATION?
ASPEN VALLEY HOSPITAL FOUNDATION (Colorado) receives grants from 130 organizations whose IRS filings report $19,737,982 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($7,675,000). 78 of them have funded it in more than one year, and 73% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does ASPEN VALLEY HOSPITAL FOUNDATION have?
IRS filings report 130 organizations giving $19,737,982 in grants to ASPEN VALLEY HOSPITAL FOUNDATION, 78 of which have funded it in more than one year.
Who is the largest funder of ASPEN VALLEY HOSPITAL FOUNDATION?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $7,675,000 in grants. The full list of funders is on this page.
How can an organization like ASPEN VALLEY HOSPITAL FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 130 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing