North Memorial Foundation
- Assets
- $10.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Robbinsdale, MN
- Founding
- 05/1994
- Data as of
- 12/2022
- EIN
- 41-1777966
Organization Overview
North Memorial Foundation is located in Robbinsdale, MN. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Memorial 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 12/2022, North Memorial Foundation generated $1.5m 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 (9.5%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, North Memorial Foundation has awarded 17 individual grants totaling $3,153,325. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT NORTH MEMORIAL HEALTH CARE AND ITS COMMITMENT TO CHANGING AND SAVING LIVES. THROUGH PHILANTHROPY, OUR DONORS ASSIST IN GIVING OUR PATIENTS AND THEIR FAMILIES COMPASSIONATE, REMARKABLE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORE THAN 180 NORTH MEMORIAL HEALTH BOARD MEMBERS, LEADERS AND DEI WORKGROUP MEMBERS PARTICIPATED IN TRAININGS AND ACTIVITIES FOCUSED ON INCREASING AWARENESS OF THE CULTURAL IDENTITIES AND HEALTH BELIEFS OF DIVERSE CUSTOMERS AS WELL AS THEIR OWN BIASES. OUR NEW EMERGING LEADERS PROGRAM EMPOWERS AND EQUIPS OUTSTANDING TEAM MEMBERS WITH LIFE AND LEADERSHIP SKILLS AND THE FIRST COHORT, EXCLUSIVELY FOR TEAM MEMBERS OF COLOR WITH A GOAL TO INCREASE DIVERSITY IN OUR LEADERSHIP COMMUNITY, WAS FUNDED BY NORTH MEMORIAL HEALTH FOUNDATION.
THE FOUNDATION SUPPORTS OTHER PROGRAMS AND INITIATIVES THROUGHOUT THE ORGANIZATION AS IDENTIFIED BY DONORS AND FOUNDATION LEADERSHIP. THESE FUNDS SUPPORT A WIDE ARRAY OF PROJECTS, FROM TECHNOLOGY UPGRADES TO NEW CARE PROGRAMS, TEAM-MEMBER EDUCATION TO FACILITY ENHANCEMENTS.
THROUGH THE SUPPORT OF DONORS, NORTH MEMORIAL HEALTH FOUNDATION SUPPORTED STAFFING FOR RESILIENCE PROGRAMMING IN RESPONSE TO THE BURNOUT AND PRESSURES THE COVID-19 PANDEMIC BROUGHT UPON OUR FRONTLINE TEAM MEMBERS. THE PROGRAM PROVIDES INVALUABLE RESOURCES, TOOLS, AND SUPPORT THAT DECREASE BURNOUT, INCREASE JOB ENGAGEMENT, AND PROMOTE OVERALL WELLNESS. ACTIVITIES HAVE INCLUDED PAUSE FOR PAWS ANIMAL THERAPY SESSIONS, BURST SESSIONS DURING TEAM HUDDLES, HEARTMATH TEACHING SESSIONS AND LEADER DROP-IN SESSIONS.
NORTH MEMORIAL HEALTH'S HOSPICE TEAM PROVIDES END OF LIFE CARE, AS WELL AS GRIEF SUPPORT SERVICES FOR THEIR FAMILIES AND LOVED ONES. FOUNDATION SUPPORT PROVIDED COMPLEMENTARY SERVICES SUCH AS MASSAGE THERAPY AND ANIMAL THERAPY GRIEF TO HELP INDIVIDUALS COPE WITH THEIR DIAGNOSIS, MANAGE PAIN/DISCOMFORT AND PREPARE FOR THE END OF THEIR LIVES. ADDITIONALLY, FUNDS SUPPORTED GRIEF ACTIVITIES AND CARE ITEMS SUCH AS SENSORY BASKETS, SUPPORT GROUPS AND SEASONAL MEMORY PACKAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Kevin Croston MD Director | Trustee | 2 | $0 |
Pamela Doorenbos MD Director | Trustee | 1 | $0 |
Beth Mejia Director | Trustee | 1 | $0 |
Scott Hemenway Board Chair | OfficerTrustee | 1 | $0 |
Jandeen Boone Vice Chair | OfficerTrustee | 1 | $0 |
Jim Byrne Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $263,276 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,137 |
| Noncash contributions included in lines 1a–1f | $68,595 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $812,413 |
| Total Program Service Revenue | $0 |
| Investment income | $298,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $360,201 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,471,452 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $322,387 |
| Grants and other assistance to domestic individuals. | $85,779 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,461 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,255 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,099 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,259,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $251,037 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,560 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,152,967 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $457,556 |
| Total assets | $10,934,120 |
| Accounts payable and accrued expenses | $13,428 |
| Grants payable | $78,500 |
| 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 | $9,625 |
| Total liabilities | $101,553 |
| Net assets without donor restrictions | $3,294,475 |
| Net assets with donor restrictions | $7,538,092 |
| 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 | $10,934,120 |
Grants Awarded
Over the last fiscal year, North Memorial Foundation has awarded $322,387 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAPLE GROVE HOSPITAL PURPOSE: TO SUPPORT MGH NICU, OTHER PATIENT AND EMPLOYEE NEEDS | $33,397 |
NORTH MEMORIAL HEALTH CARE PURPOSE: TO SUPPORT COVID-19 EMERGENCY, INPATIENT MENTAL HEALTH SERVICES, OTHER PATIENT AND EMPLOYEE NEEDS | $264,021 |
BLAZE HEALTH LLC PURPOSE: TO SUPPORT HOSPICE SERVICES, OTHER PATIENT AND EMPLOYEE NEEDS | $24,969 |