The Alexandria Hospital Foundation

What it reported doing in 2019

Alexandria hospital foundation (ahf) has provided support to inova alexandria hospital (iah) for 40 years. Ahf is part of the inova health system whose mission is to provide world-class healthcare - every time, every touch - to each person in every community we have the privilege to serve. Inova alexandria hospital provides high quality, personalized, acute patient care, and appropriate hospital based services for the city of alexandria and neighboring communities. As a not-for-profit organization, ahf does not have shareholders. It is governed by the people it serves: members of the community. This model of governance helps to ensure that inova meets the diverse healthcare needs of the community.in keeping with inova's community service mission, inova and its affiliates provide a wide range of programs and services which directly benefit the community they serve. These include: providing the highest quality medical care to all members of the community, regardless of their financial resources.providing free and below cost health services to meet the identified needs of targeted community groups, such as: the indigent and elderly; victims of cancer, heart disease, and stroke; persons affected by substance abuse; HIV-positive individuals; and others.providing uncompensated care in accordance with inova policies which ensure access to medically necessary care for all individuals. Charity care is defined as free or discounted healthcare services provided to persons who cannot afford to pay. Providing health education and a variety of other services to the community.training health professionals.philanthropy is critical to inova's mission. As of 2019, there are 72 philanthropic funds in the alexandria hospital foundation. This broad range of philanthropy helps iah stay on the forefront of medical advances, develop new programs to meet changing needs, and provide affordable healthcare to all who need it. Through a gift from the board of lady managers, iah was able to invest in the o-arm surgical imaging system, as well as make upgrades to the da vinci surgical system and centurion vision system.philanthropic funds assisted in the delivery of care for underserved patients, including medications, transportation for treatment, rent and utilities assistance, hospice care, dialysis services, home care services, oxygen and gas, and nursing home services.this year's philanthropic focus was on professional development for the entire iah clinical team, with nine new departments sending team members to conferences for the first time. Additionally, $45,500 in scholarships was awarded to 12 recipients for continuing education and to advance careers.lastly, during the 2019 spring2action campaign, iah raised over $36,000 in support of additional renovations to the charlotte and walter jones neonatal intensive care unit. At the dedication of the unit in 2008, charlotte and walter's mother and our generous donor, anne beverly jones, stated, "my children would not be here today if it wasn't for inova alexandria hospital. My husband and i can't say enough about the phenomenal care our twins received." in the ten years since the dedication, thousands of parents have shared in the jones family's experience and benefitted from their generous gift to renovate the unit.the total amount of philanthropic support utilized in 2019 was $411,443.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 100%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 84.6%; rating input score 85; 18th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 78.3%; rating input score 98; 98th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 155.2%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: 3.8% per year; rating input score 100; 47th percentile among comparable filings
• Revenue growth: 1.1% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: -19.9% per year; rating input score 0; 2nd percentile among comparable filings