Except for the Mat-Su Health Foundation, which is buildings itself a fancy new 30,000 square foot building.  Why?  No oversight.  They have a board of directors who simply selects members.  Also, they receive 25% of the Mat-Su Regional Hospital's profits. At the MSHF, the money just pours in...Their endowment is now $130 million.  Their income is as high as $22 million per year (from their share of profits plus interest on their investments.)  They pay sky high salaries.  And all they are supposed to do is pass out grants.  They do not provide direct services.  They are a pass-through charity.  They don't even have to do fundraising.  And yet, they spend lavishly on their own overhead and expenses. 75K for Board of director Expenses the other year.  Now the fancy new building!  Someone needs to put a stop this all this.