Medwish International
- Assets
- $7.1m
- Revenue
- $18.1m
- Investments
- $0.0
- Employees
- 20
- Location
- Cleveland, OH
- Founding
- 12/1999
- Data as of
- 01/2024
- EIN
- 34-1903712
Organization Overview
Medwish International is located in Cleveland, OH. The organization was established in 1999. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 01/2024, Medwish International employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medwish International 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 01/2024, Medwish International generated $18.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $20.0m during the year ending 01/2024. While expenses have increased by 11.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Medwish International has awarded 359 individual grants totaling $15,875,802. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
MEDWISH REPURPOSES SURPLUS MEDICAL SUPPLIES AND EQUIPMENT FOR HUMANITARIAN AID WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN AID SHIPMENTS FROM MEDWISH INTERNATIONAL BRIDGE THE GAP BETWEEN ABUNDANCE AND ABSENCE, SURPLUS AND SCARCITY. WORKING WITH A RANGE OF HEALTHCARE PROVIDERS, COMPANIES AND INDIVIDUALS TO RECOVER MEDICAL SURPLUS THEY CAN NO LONGER USE, MEDWISH REPURPOSES MILLIONS OF POUNDS OF MEDICAL SUPPLIES AND EQUIPMENT, KEEPING THESE LIFESAVING ITEMS OUT OF AMERICAN LANDFILLS AND PUTTING THEM IN THE HANDS OF PEOPLE IN NEED WORLDWIDE, REGARDLESS OF RELIGION, POLITICS, CAUSE OR NATION. IN 2023, 1,147 MEDWISH SHIPMENTS PROVIDED HELP AND HOPE TO PEOPLE IN 40 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Ponsky MD President And Founder | OfficerTrustee | 2 | $0 |
Valerie Hendersonmph Dsc Vice President | OfficerTrustee | 2 | $0 |
Ashley Wilson Baer Secretary | OfficerTrustee | 2 | $0 |
Brennan Igoe Treasurer | OfficerTrustee | 2 | $0 |
Rafid Fadul MD Director | Trustee | 1 | $0 |
David Landever Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $107,803 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,486,984 |
| Noncash contributions included in lines 1a–1f | $16,779,940 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,594,787 |
| Total Program Service Revenue | $391,479 |
| Investment income | $9,599 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,573 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $48,199 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,051,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,906,838 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $12,770,052 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $83,199 |
| Compensation of current officers, directors, key employees. | $6,240 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $611,306 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,862 |
| Payroll taxes | $54,072 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $25,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,576 |
| Fees for services: Other | $50,103 |
| Advertising and promotion | $21,859 |
| Office expenses | $48,167 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $156,607 |
| Travel | $62,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,154 |
| Insurance | $31,820 |
| All other expenses | $0 |
| Total functional expenses | $20,038,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,057 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,115,216 |
| Prepaid expenses and deferred charges | $3,478 |
| Net Land, buildings, and equipment | $749,020 |
| Investments—publicly traded securities | $497,599 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,556 |
| Total assets | $7,107,926 |
| Accounts payable and accrued expenses | $94,147 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| 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 | $659,033 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $755,680 |
| Net assets without donor restrictions | $6,143,663 |
| Net assets with donor restrictions | $208,583 |
| 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 | $7,107,926 |
Grants Awarded
Over the last fiscal year, Medwish International has awarded $4,411,094 in support to 130 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT CENTERS FOR CHILDREN PURPOSE: HEALTHCARE SUPPLIES - LOCAL & DOMESTIC GIVING PROGRAM | $31,540 |
ALTERCLINIC ANIMAL CARE PURPOSE: REPURPOSED HEALTHCARE SUPPLIES - ALTERNATIVE RECYCLING | $26,405 |
ANOTHER CHANCE OF OHIO PURPOSE: HEALTHCARE SUPPLIES - LOCAL & DOMESTIC GIVING PROGRAM | $165,815 |
BIKUR CHOLIM OF CLEVELAND PURPOSE: HEALTHCARE SUPPLIES - LOCAL & DOMESTIC GIVING PROGRAM | $18,385 |
BUTTERFLIES AND LILIES PURPOSE: HEALTHCARE SUPPLIES - LG AND REPURPOSES HEALTHCARE SUPPLIES - AR | $154,207 |
CASE WESTERN RESERVE UNIVERSITY SCHOOL OF NURSING PURPOSE: HEALTHCARE SUPPLIES LG AND REPURPOSES HEALTHCARE SUPPLIES - AR | $38,575 |