Craig Hospital Foundation supports Craig Hospital in achieving its goals through philanthropy by raising funds and dedicating resources to further advance the needs of Craig Hospital and the community IT serves. The Foundation supports patient assistance, Hospital programs unfunded by insurance, equipment and research programs related to spinal cord and brain injuries.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Run by 123 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $5.3M a year · 37% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
36 mo
of spending, in cash
Looks good: 36.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $39K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 20 voting members
Looks good: 18 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.5M
+55% vs prior year
Spent
$10.5M
To programs
99%
Net assets
$51.7M
By yearFY2020–FY2025
Revenue
$22.5M
FY2025▲ +55%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.1M
FY2021$10.7M
FY2022$11.8M
FY2023$17.3M
FY2024$14.5M
FY2025$22.5M
Expenses
$10.5M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.5M
FY2021$7.9M
FY2022$8.3M
FY2023$10.2M
FY2024$9.8M
FY2025$10.5M
Net assets
$51.7M
FY2025▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.8M
FY2021$21.6M
FY2022$21.0M
FY2023$29.1M
FY2024$38.3M
FY2025$51.7M

From the FY2025 Form 990 (year ending September 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1974.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $10.4M Management & general 1% · $111K Fundraising 0% · $18K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

31 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary/Treasurer (start 02/25)
$0Pt VII · Sec A
President/CEO Craig Hospital
$0Pt VII · Sec A
$0Pt VII · Sec A
President of Foundation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Craig Hospital Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages charitable donations for hospital development, including solicitation, distribution, and investment.

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Provided by the organization

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3 programs · $10.4M · in their own filed words · FY2024
01

Hospital Program Support

Includes payment towards nursing and patient education, research, capital equipment, therapeutic recreation programs such as horticulture and adventure programs, and nurse advice tele-health services.

$6.2Mprogram expense
02

Patient Assistance Program

Includes payment towards mobility equipment and durable medical equipment, financial assistance related to shelter needs such as home modifications, scholarships to participate in furthering education goals, and stipends to participate in therapeutic recreation activities such as scuba diving, rafting, skiing and biking.

$3.3Mprogram expense
03

Research Support

Includes financial support of clinical and other research directed towards patients that sustained spinal cord and brain injuries.

$946Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$39K
See all 3 funders →
Grants paid · 30 grants · $60.4M · 2019–2024
Craig HospitalCO · FY2024$7,096,795
Unitemized GrantFY2024$1,833,278
Unitemized GrantFY2024$1,132,876
Unitemized GrantFY2024$330,538
Craig HospitalCO · FY2023$6,752,680
Unitemized GrantFY2023$1,573,325
Unitemized GrantFY2023$995,630
Unitemized GrantFY2023$424,758
Craig HospitalCO · FY2022$7,388,815
Unitemized GrantFY2022$1,475,455
Unitemized GrantFY2022$721,913
Unitemized GrantFY2022$428,600
Craig HospitalCO · FY2021$5,816,446
Unitemized GrantFY2021$1,031,716
Unitemized GrantFY2021$780,544
Unitemized GrantFY2021$252,619
Craig HospitalCO · FY2020$6,025,605
Unitemized GrantFY2020$945,880
See all 30 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$22.5M
Ln 12
Gifts and grantsLn 1h$20.3M
Investment incomeLn 3$2.4M
Money outPt IX
$10.5M
Ln 25
Programscol B$10.4M
Managementcol C$111K
Fundraisingcol D$18K
Owns and owesPt X
$51.7M
net assets · Ln 32
Cash and savingsLn 1–2$31.8M
Total assetsLn 16$53.3M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
31
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$20.3M
Noncash giftsLn 1g$928K
Fundraising eventsLn 1c$798K
Investment incomeLn 3$2.4M
Gains on assetsLn 7$1.0M
Total revenueLn 12$22.5M
Assets in detailPt X, end of year
CashLn 1$393K
SavingsLn 2$31.4M
Cash and savings togetherLn 1–2$31.8M
InvestmentsLn 11–13$14.0M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$53.3M
LiabilitiesLn 26$1.6M
Net assetsLn 32$51.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6123
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$928K
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$15.0M$13.9M$11.6M$9.0M$11.2M
Given inLn 1b$486K$222K$1.6M$302K$431K
SpentLn 1d–1f$569K$369K$285K$273K$254K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$19.6M$31.8M
InvestmentsLn 11–13$12.3M$14.0M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$38.6M$53.3M
LiabilitiesLn 26$307K$1.6M
Net assetsLn 32$38.3M$51.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.1M$7.1M
Grants to domestic individualsLn 2$3.3M$3.3M
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$74K$0$74K$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$940$0$0$940
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$10$0$0$10
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$0$0$0$0
Other expenses (24a–d)Ln 24$54K$0$37K$17K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$10.5M$10.4M$111K$18K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $22.5M$10.5M$11.9M$51.7M 990 PDF
FY2024Filed with the IRS Aug 5, 2025 $14.5M$9.8M$4.7M$38.3M 990 PDF
FY2023Filed with the IRS Aug 1, 2024 $17.3M$10.2M$7.1M$29.1M 990 PDF
FY2022Filed with the IRS May 12, 2023 $11.8M$8.3M$3.5M$21.0M 990 PDF
FY2021Filed with the IRS May 12, 2022 $10.7M$7.9M$2.9M$21.6M 990 PDF
FY2020Filed with the IRS May 13, 2021 $9.1M$7.5M$1.6M$17.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $22,468,468 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,956,593$20,264,414
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $736,346$2,355,016
I-11 Other revenuePrior year −$213,679−$150,962
I-12 Total revenuePrior year $14,479,260$22,468,468
I-13 Grants and similar amounts paidPrior year $9,746,393$10,393,487
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $55,294$128,795
I-18 Total expensesPrior year $9,801,687$10,522,282
I-19 Revenue less expensesPrior year $4,677,573$11,946,186
Part VI · Governance 18 of 20 board members independent, 2 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $22,468,468 across 9 lines filed
VIII-1c Fundraising events$798,071
VIII-1d Related organizations$120,000
VIII-1f All other contributions, gifts and grants$19,346,343
VIII-1g Noncash contributions (included above)$927,709
VIII-1h Total contributions, gifts and grants$20,264,414
VIII-3 Investment incomeExcluded from tax $1,328,636$1,328,636
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,026,380$1,026,380
VIII-8 Net income from fundraising eventsExcluded from tax −$150,962−$150,962
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $2,204,054$22,468,468
Part IX · Statement of functional expenses $10,522,282 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $7,096,795$7,096,795
IX-2 Grants to domestic individualsPrograms $3,296,692$3,296,692
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $74,110 · Fundraising $0$74,110
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $940$940
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $10$10
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $0 · Management $37,100 · Fundraising $16,635$53,735
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $10,393,487 · Management $111,210 · Fundraising $17,585$10,522,282
Part X · Balance sheet $53,286,692 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $467,754$392,852
X-2 Savings and temporary cash investmentsStart of year $19,127,293$31,399,887
X-3 Pledges and grants receivableStart of year $6,745,025$7,448,372
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $12,302,426$14,045,581
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $38,642,498$53,286,692
X-17 Accounts payable and accrued expensesStart of year $123,798$390,629
X-25 Other liabilitiesStart of year $183,553$1,234,957
X-26 Total liabilitiesStart of year $307,351$1,625,586
X-27 Net assets without donor restrictionsStart of year $10,681,924$16,368,697
X-28 Net assets with donor restrictionsStart of year $27,653,223$35,292,409
X-32 Total net assets or fund balancesStart of year $38,335,147$51,661,106
X-33 Total liabilities and net assetsStart of year $38,642,498$53,286,692
Part XI · Reconciliation of net assets $51,661,106 net assets at year end
XI-1 Total revenue$22,468,468
XI-2 Total expenses$10,522,282
XI-3 Revenue less expenses$11,946,186
XI-4 Net assets at start of year$38,335,147
XI-5 Net unrealized gains (losses) on investments$1,379,773
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$51,661,106

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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