Valley Children's Healthcare Foundation

Valley Children's Healthcare Foundation has three primary goals: (1) raise $17.365 million in philanthropic support in fiscal year 2023 to support the healthcare network; (2) improve access to pediatric healthcare services for Central Valley kids; and (3) increase the total endowment corpus to $35 million by December 31, 2025.

In order to achieve our goal to raise $17.365 million in philanthropic support in FY 2023 to support the healthcare network, we must meet several fundraising targets in order to achieve our total revenue objective:
-$7.75 million in unrestricted revenue
-$6.75 million in temporarily restricted revenue (program support)
-$2.865 million in permanently restricted revenue (endowment support)

In order to achieve our goal to improve access to pediatric healthcare services for Central Valley kids, we have three strategies to implement:
• Open new specialty care centers in Madera, Merced, and Visalia by 2024.
• Raise $3.5 million annually to support new facilities within our service area.
• Continue to raise unrestricted support to assist with the organization's provision of care.

In order to increase the total endowment corpus to $35 million by December 31, 2025, we have two strategies to implement:
• The Guilds of Valley Children's Hospital seeks to raise $1 million annually in endowed funds.
• Valley Children's Healthcare Foundation must raise $1.865 million annually in endowed funds.

We believe that we are capable of raising $17.365 million in philanthropic support annually to support the healthcare network for two primary reasons:
• We have a 17 full-time, professional fundraising staff members dedicated to achievement of this goal with the collective experience necessary to achieve it.
• Despite a down year in FY21, we have demonstrated a growth trend over the past nine years that places us on track to achieve this mark. The conditions are set to perform well in the coming years.
Our capabilities to achieve our goal to improve access to pediatric healthcare services for Central Valley kids by expanding our healthcare network in the Central Valley, specifically in communities along the Highway 99 corridor, include the vision, capital, internal staff, and external partners required. Valley Children's Healthcare has opened a new care centers in Bakersfield, Modesto, and Fowler.

Goal #1: Raise $17.365 million in philanthropic support in FY 2023 to support the healthcare network.
-We are at 31.32% of the annual goal at the completion of Q1.

Improve access to pediatric healthcare services for Central Valley kids, we have three strategies to implement:
-Design will begin for all three facilities by the end of this year.
-We are at 32.22% of our unrestricted fundraising goal through the end of Q1.

In order to increase the total endowment corpus to $35 million by December 31, 2025, we have two strategies to implement:
-As of December 31, 2022, we are on track to exceed the endowment corpus goal.