Methodist Healthcare Foundation

Organization Overview

Methodist Healthcare Foundation is located in Memphis, TN. The organization was established in 1974. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Methodist Healthcare Foundation employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Healthcare Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Methodist Healthcare Foundation generated $9.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Methodist Healthcare Foundation has awarded 63 individual grants totaling $54,703,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PHILANTHROPIC ACTIVITIES AWARDING GRANTS AND SCHOLARSHIPS FOR PROGRAMS AND PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT THE LIFE OF MLH BY INVITING COMMUNITY PHILANTHROPIC PARTNERS TO INVEST IN THE PARTS OF OUR MISSION THAT DEMAND ENHANCEMENTS IN RESEARCH, FACILITY OR PROGRAMS. COMMUNICATING THE BOLD FAITH OF OUR FOUNDERS AND EXPANSIVE VISION OF A MORE FULL AND HEALTHY LIFE FOR THE COMMUNITIES WE SERVE. THE FOUNDATION RAISES FUNDS TO BENEFIT AND STRENGTHEN METHODIST LE BONHEUR HEALTHCARE THROUGH PROGRAMS, ENHANCEMENTS TO FACILITIES, COMMUNITY HEALTH PROGRAMS, PATIENT SUPPORT RESOURCES, AND CENTERS OF EXCELLENCE. 1. FUNDS RAISED ENHANCE AND STRENGTHEN CLINICAL AND RESEARCH INITIATIVES, UNDERWRITE COSTS FOR FACILITIES, TECHNOLOGY AND EQUIPMENT, AND BRIDGE THE GAP BETWEEN WHAT HOSPITAL CHARGES COVER AND WHAT IS NECESSARY TO STAY ON THE CUTTING EDGE OF MEDICAL SCIENCE AND PROVIDE QUALITY CARE TO ALL WHO NEED IT IN OUR COMMUNITY. AREAS OF FUNDRAISING SUCCESS TO PROMOTE CLINICAL EXCELLENCE AND INNOVATION INCLUDE:-A. JAMES D. EASON TRANSPLANT INTITUTE AT METHODIST UNIVERSITY HOSPITAL FUNDS WERE SECURED PRIMARILY FROM INDIVIDUAL DONORS TO BOLSTER RESEARCH AND PATIENT CARE ENHANEMENTS, RETAIN AND RECRUIT EXPERT STAFF AND CAREGIVERS, AND PROVIDE HOLISTIC SOCIAL, EMOTIONAL, AND PHYSICAL CARE TO ALL ORGAN TRANSPLANT PATIENTS.-B. COMPREHENSIVE SICKLE CELL CENTER FUNDS FROM DONORS WERE SECURED IN 2021 THAT ARE NOW HELPING ADVANCE THE LEVEL OF CARE PROVIDED TO PATIENTS SERVED BY THE COMPREHENSIVE SICKLE CELL CENTER. SPECIFIC IMPROVEMENTS INCLUDE EXPANSION OF KEY STAFF POSITIONS, RENOVATIONS TO EXISTING CLINIC SPACE, PATIENT SUPPORT GROUPS, COMMUNITY EDUCATION ACTIVITIES, CLINICAL RESEARCH, AND PATIENT SUPPORT RESOURCES. SPECIFIC EMPHASIS IS PUT ON TRANSITIONING YOUNG ADULT PATIENTS FROM PEDIATRIC CARE INTO ADULT CARE, WHICH IS SUPPORTED THROUGH OUR COLLABORATIVE PARTNERSHIP WITH ST. JUDE CHILDREN'S RESEARCH HOSPITAL'S SICKLE CELL CENTER. 2. WE RAISE FUNDS TO PROVIDE EDUCATIONAL OFFERINGS AND SUPPORTIVE PROGRAMS THAT REMOVE BARRIERS AND HELP COMMUNITY MEMBERS THROUGHOUT THE MEMPHIS AND MID-SOUTH REGION TO ACCESS HEALTH CARE SERVICES AND MAINTAIN THEIR HEALTH. EXAMPLES OF THIS WORK INCLUDE: -A. COMMUNITY COLLECTIVE FOR READING LITERACY ADVANCING 3RD GRADE READING PROFICIENCY AS A KEY INDICATOR OF LIFELONG HEALTH AND WELL-BEING THROUGH GRANT AND INDIVIDUAL DONOR FUNDING, METHODIST PARTNERS WITH BOOKNOOK, AN EDUCATIONAL TECHNOLOGY PROVIDER, TO OFFER REMOTE AND IN-PERSON READING TUTORING TO STUDENTS ACROSS THE CITY AND COUNTY. THIS PROJECT HAS REACHED OVER 3,000 STUDENTS THROUGH 75 COMMUNITY SITES. THE PROJECT ACHIEVED POSITIVE, MEASURABLE IMPACTS ON THE STUDENTS' READING PROFICIECY AND GROWTH COMPARED TO STUDENTS WHO DID NOT PARTICIPATE IN THE PROJECT. -B. NAVIGATING WOMEN TO BETTER BREAST HEALTH - PROVIDING ACCESS TO BREAST CANCER SCREENING AND CARE TO UNDERSERVED WOMEN - RESEARCH INDICATES THAT AFRICAN AMERICAN WOMEN IN MEMPHIS ARE TWICE AS LIKELY TO DIE FROM BREAST CANCER AS CAUCASIAN WOMEN. THE FOUNDATION RECEIVED FUNDING FROM SUSAN G. KOMEN MEMPHIS-MIDSOUTH AND OTHER PHILANTHROPIC ORGANIZATIONS AND INDIVIDUAL DONORS TO HELP UNDERSERVED WOMEN RECEIVE SCREENINGS. WE RECEIVED OUR 10TH CONSECUTIVE YEAR OF FUNDING TO SUPPORT OUR EFFORTS TO NAVIGATE UNDERSERVED WOMEN TO BREAST HEALTH RESOURCES IN ORDER TO PROMOTE PREVENTION AND EARLIER DETECTION OF BREAST CANCER AMONG UNDERSERVED AND MINORITY POPULATIONS. DURING THE 2021 GRANT YEAR THIS FUNDING SUPPORTED THE NAVIGATION OF COMMUNITY MEMBERS AND PAID FOR OVER 400 BREAST MAMMOGRAPHY SCREENINGS AND DIAGNOSTIC EXAMS.-C. DIABETES EDUCATION PROVIDING EDUCATION AND SUPPORT TO PREVENT DIABETES AND IMROVE SELF-MANAGEMENT OF THE CHRONIC DISEASE AMONG AT-RISK COMMUNITY MEMBERS IN THE 38109/SOUTH MEMPHIS COMMUNITY AND BEYOND. USING EVIDENCE-BASED CURRICULUM, A TEAM OF NAVIGATORS AND EDUCATORS PROVIDES INTENSIVE, HANDS-ON EDUCATIONAL OPPORTUNITIES TO COMMUNITY MEMBERS LIVING WITH DIABETES OR WHO ARE DIAGNOSED WITH PRE-DIABETES AS WELL AS CAREGIVERS TO HELP THEM PREVENT AND/OR BETTER MANAGE THE DISEASE. THE CLASSES ARE OPEN TO ALL AND PROVIDED COMPLETELY FREE OF CHARGE. 3. THE FOUNDATION ALSO RAISES FUNDS TO SUPPORT METHODIST'S HOSPICE PROGRAMS, INCLUDING HOME-BASED HOSPICE, THE HOSPICE RESIDENCE, HOSPITAL-BASED HOSPICE, BEREAVEMENT SUPPORT, AND MORE. OUR HOSPICE PROGRAM PROVIDES COMPREHENSIVE CLINICAL, PALLIATIVE, SPIRITUAL AND SOCIAL SUPPORT CARE FOR PATIENTS AND THEIR FAMILIES. DONOR DOLLARS SUPPORT CARE ENHANCEMENTS, PATIENT SUPPORT RESOURCES, BEREAVEMENT, COMMUNITY EDUCATION, AND ALSO COVER THE COST OF CARE FOR PATIENTS WHO ARE UNINSURED AND UNABLE TO PAY. METHODIST HOSPICE IS PART OF ALLIANCE HEALTH SERVICES, INC., A 501C3 (EIN 62-084112), AND SUBSIDIARY OF METHODIST LE BONHEUR HEALTHCARE.


THE FOUNDATION RAISES FUNDS TO BENEFIT AND STRENGTHEN METHODIST LE BONHEUR HEALTHCARE. FUNDS RAISED ENHANCE AND STRENGTHEN CLINICAL SERVICE LINES, INCLUDING ONCOLOGY, CARDIOLOGY, NEUROLOGY, AND TRANSPLANT, RESEARCH INITIATIVES, UNDERWRITE COSTS FOR FACILITIES, TECHNICIANS, AND EQUIPMENT AND BRIDGE THE GAP BETWEEN WHAT HOSPITAL CHARGES COVER AND WHAT IS NECESSARY TO STAY ON THE CUTTING EDGE OF MEDICAL SCIENCE. METHODIST FOUNDATION ALSO RAISES SUPPORT TO ADDRESS THE GROWING MENTAL HEALTH NEEDS OF OUR COMMUNITY. THROUGH SUPPORT, METHODIST PROVIDES MENTAL HEALTH (DEPRESSION, ANXIETY, SUICIDE) INFORMATION AND SUPPORT SERVICES THROUGH THE DENNIS H. JONES LIVING WELL NETWORK (REFERRAL TO CARE), THE INTEGRATION OF BEHAVIORAL HEALTH CONSULTANTS INTO THE PRIMARY CARE MODEL, AND THE METHODIST EMPLOYEE ASSISTANCE PROGRAM (EAP).THROUGH GRANT FUNDING, INDIVIDUAL DONOR INVESTMENTS, AND INSTITUTIONAL INVESTMENTS, THE FOUNDATION IS ALSO INVOLVED IN HELPING PILOT VARIOUS PROGRAMS AIMED AT ADDRESSING SOCIAL DETERMINANTS OF HEALTH MOST IMPACTING THE MEMPHIS AND MID-SOUTH COMMUNITY. THIS WORK INCLUDES OFFERING FINANCIAL SUPPORT AND RESOURCES TO PATIENTS IN NEED THROUGH THE FUND FOR THE UNDERSERVED HELD AT THE FOUNDATION AS WELL AS SECURING GRANTS AND MAJOR GIFTS TO PILOT NEW PROGRAMS AIMED AT ADDRESSING BARRIERS SUCH AS LACK OF TRANSPORTION, POOR ACCESS TO HEALTHFUL FOOD, INABILITY TO COVER THE COST OF CARE, AND MORE.OVER 45 YEARS AGO, THE METHODIST HEALTHCARE FOUNDATION ESTABLISHED "THE HUMANITARIAN FUND" THAT HELPS METHODIST LE BONHEUR ASSOCIATES IN TIMES OF CRISIS (I.E., FIRE, CRIME, DEATH, INJURY). IN 2021, THE FOUNDATION PROVIDED $359,008 IN SUPPORT TO HUNDREDS OF ASSOCIATES.IN 2021, THE FOUNDATION AWARDED 13 COLLEGE SCHOLARSHIPS TOTALING $15,000 TO ASSOCIATE DEPENDENTS TO PURSUE A CAREER IN A HEALTH-RELATED FIELD.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$489,198
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,771,281
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,260,479
Total Program Service Revenue$0
Investment income $154,236
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$66,381
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,348,334

Grants Awarded

Over the last fiscal year, Methodist Healthcare Foundation has awarded $1,108,537 in support to 6 organizations.

Grant RecipientAmount

SEMMES MURPHEY FOUNDATION

Org PageRecipient Profile

Memphis, TN

PURPOSE: ENDOVASCULAR FELLOWSHIP

$348,600

UNIVERSITY OF TENNESSE FOUNDATION

Org PageRecipient Profile

Knoxville, TN

PURPOSE: PROFESSORSHIP

$304,792

ALLIANCE HEALTH SERVICES INC

Org PageRecipient Profile

Memphis, TN

PURPOSE: VARIOUS PROGRAMS AND OPERATIONAL SUPPORT

$250,000

CAMPBELL CLINIC FOUNDATION

Org PageRecipient Profile

Germantown, TN

PURPOSE: CLINIC SUPPORT

$127,422

METHODIST HEALTHCARE - MEMPHIS HOSPITALS

Org PageRecipient Profile

Memphis, TN

PURPOSE: CAPITAL ACQUISITION

$43,463

METHODIST LE BONHEUR COMMUNITY OUTREACH

Org PageRecipient Profile

Memphis, TN

PURPOSE: OPERATIONAL SUPPORT

$34,260
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Methodist Healthcare Foundation has recieved totaling $316,119.

Awarding OrganizationAmount
John Templeton Foundation

West Conshohocken, PA

PURPOSE: INTEGRATING RELIGIOSITY AND SPIRITUALITY OF PATIENTS

$210,726
$27,000
John Templeton Foundation

West Conshohocken, PA

PURPOSE: INTEGRATING THE RELIGIOSITY AND SPIRITUALITY OF PATIENTS

$23,413
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$20,930
United Way Of The Mid-South

Memphis, TN

PURPOSE: SEE SCH O

$19,250
Southern Health Plan Inc

Chattanooga, TN

PURPOSE: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,477,271
Earnings$591,194
Net Contributions$4,707,225
Other Expense$274,123
Grants$15,000
Ending Balance$22,486,567

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