Alaska · Nonprofit
VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION
VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION (Alaska) receives grants from 10 organizations whose IRS filings report $18,364,400 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($15,000,000). 4 of them have funded it in more than one year, and 82% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $57M
- Funders on record
- 10
- Grants received
- $18M
- Net assets
- $428M
What Valley Hospital Association Inc Dba Mat-Su Health Foundation does
Mission
The primary exempt purpose is the provision of medical services to area residents through a partnership with the mat-su valley medical center and grants to community organizations.
As stated on its FY2024 Form 990.
Programs
The reporting organization increases access to medical care, social services, community supports and prevention activities through both the provision of medical services and grants to community organizations furthering the purpose of improving the health and wellness of matanuska-susitna residents.
$30,608,847 spentof which $24,437,734 as grants100% of program spendingInvestment in mat-su valley medical center, llc, joint venture.
$47,820,093 earned by the program
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $30,608,847.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $342M to $398M (+17%).
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.
Government-grant reliance: 2021 4% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
2% of VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
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.
Chief executive
Elizabeth Ripley
Chief executive officer
Board chair
Lebron Mcphail
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $57k → $16M.
2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 82% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $105k from one payer (the same organization on both sides, largest Valley Hospital Association Inc Dba Mat-Su Health Foundation). These are real filings, and they are not money VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION raised.
From the IRS filings of VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION’s funders (the co-funder graph). Top 9 of 10 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
VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION leans on a few funders — its largest provides 82% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
82% 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 VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION.
Largest funder’s share by year: 2017 83% · 2018 100% · 2019 93% · 2020 70% · 2021 100% · 2022 100% · 2023 93% — growing more concentrated.
“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
40% of VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION's funders are still giving 3 years after their first grant; 40% give in more than one year at all.
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
82% of VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH 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 $3.3M that is directly attributable, 85% of it comes from funders outside Alaska, across 5 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $15M arriving through sponsors registered in 2 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.
Against its field
VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Organizations like VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH 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 Alaska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Valley Health Services Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH 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.
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 VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION?
- VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION (Alaska) receives grants from 10 organizations whose IRS filings report $18,364,400 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($15,000,000). 4 of them have funded it in more than one year, and 82% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION have?
- IRS filings report 10 organizations giving $18,364,400 in grants to VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION, 4 of which have funded it in more than one year.
- Who is the largest funder of VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $15,000,000 in grants. The full list of funders is on this page.
- How can an organization like VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. 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 10 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 14, 2026. What this page cannot tell you · view filing