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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Zachary Pretzer President | OfficerTrustee | 40 | $206,952 |
Lori Kessler Admin. Dir. Med Educ. & Research | 40 | $192,494 | |
Leanne Mcquown Director/major Gifts/foundation | 40 | $105,650 | |
Sally Aldrich Assistant Treasurer | OfficerTrustee | 2 | $0 |
Roshun Austin Assistant Secretary | OfficerTrustee | 2 | $0 |
Wilson Moore Board Chair | OfficerTrustee | 2 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,874,593 |
Grants and other assistance to domestic individuals. | $374,008 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $208,952 |
Compensation of current officers, directors, key employees. | $104,476 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $525,625 |
Pension plan accruals and contributions | $89,522 |
Other employee benefits | $80,011 |
Payroll taxes | $57,289 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $744 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $14,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,942 |
Advertising and promotion | $0 |
Office expenses | $52,980 |
Information technology | $43,218 |
Royalties | $0 |
Occupancy | $2,213 |
Travel | $773 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,717 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,542 |
Insurance | $127 |
All other expenses | $178,127 |
Total functional expenses | $6,520,383 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,711 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $2,256,758 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $52,336 |
Net Land, buildings, and equipment | $11,339 |
Investments—publicly traded securities | $15,405,951 |
Investments—other securities | $5,607,370 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $617,991 |
Total assets | $23,965,456 |
Accounts payable and accrued expenses | $388,496 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $388,496 |
Net assets without donor restrictions | $3,739,195 |
Net assets with donor restrictions | $19,837,765 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $23,965,456 |
Over the last fiscal year, Methodist Healthcare Foundation has awarded $1,108,537 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Memphis, TN PURPOSE: ENDOVASCULAR FELLOWSHIP | $348,600 |
Knoxville, TN PURPOSE: PROFESSORSHIP | $304,792 |
Memphis, TN PURPOSE: VARIOUS PROGRAMS AND OPERATIONAL SUPPORT | $250,000 |
Germantown, TN PURPOSE: CLINIC SUPPORT | $127,422 |
Memphis, TN PURPOSE: CAPITAL ACQUISITION | $43,463 |
Memphis, TN PURPOSE: OPERATIONAL SUPPORT | $34,260 |
Over the last fiscal year, we have identified 8 grants that Methodist Healthcare Foundation has recieved totaling $316,119.
Awarding Organization | Amount |
---|---|
John Templeton Foundation West Conshohocken, PA PURPOSE: INTEGRATING RELIGIOSITY AND SPIRITUALITY OF PATIENTS | $210,726 |
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $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 |
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 |
Organization Name | Assets | Revenue |
---|---|---|
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Ascension Care Management Insurance Holdings St Louis, MO | $337,485,264 | $76,291,210 |
Jackson Medical Mall Foundation Jackson, MS | $71,929,966 | $14,671,190 |
Hopeway Foundation Charlotte, NC | $32,563,344 | $14,897,275 |
Randolph Cancer Center Llc Asheboro, NC | $0 | $11,508,289 |
Mosaic Health System St Joseph, MO | $1,008,013,378 | $78,795,144 |
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
Ephraim Mcdowell Health Inc Danville, KY | $193,248,022 | $7,628,237 |
The Healing Trust Nashville, TN | $0 | $7,303,090 |
Medical Center Foundation Inc Gainesville, GA | $39,439,884 | $6,805,753 |
Methodist Healthcare Foundation Memphis, TN | $23,965,456 | $9,348,334 |
Archbold Foundation Inc Thomasville, GA | $120,664,372 | $4,326,190 |