Wyoming Medical Center Foundation

The information for Wyoming Medical Center Foundation is as of the organization's most recent filing in December '21. This organization is located in Casper, WY. It has been in existence for 44 years, following its founding in 1977.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Wyoming Medical Center Foundation's NTEE code is E12. The "E" tells us that the organization is classified along with Health Care. The "12" tells us that the organization is focused on Fund Raising & Fund Distribution. The NTEE describes these organizations as those that raise and distribute funds for multiple organizations within the Health - General and Rehabilitative major group area.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Wyoming Medical Center Foundation is to enhance excellence in healthcare delivery at Wyoming Medical Center.

Program Areas

Throughout the fiscal year, the WMC Foundation has raised funds to support various projects for its supported organization, Wyoming Medical Center (WMC). These funds are reported within the general fund, along with all other revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

The Wyoming Medical Center Foundation is run by Meredith Benton, who serves as the CEO. The organization does not have any employees and therefore does not have any individuals paid over $100k per year. However, the foundation is supported by 21 dedicated volunteers.

Grant History

Our dataset includes two years of grant history for the Wyoming Medical Center Foundation. Over the course of those two years, they have awarded a total of 74 grants, with an average check size of $198,456. The organization most frequently awards grants in the Health Care sector (10), followed by Mental Health & Crisis Intervention (6) and Human Services (5). Additionally, the majority of their grants (73) were awarded in the state of Wyoming, with one grant awarded in Tennessee.

Organization Growth

The Wyoming Medical Center Foundation has experienced significant growth over the given time period. Contributions and grants received increased from $1.6 million in 2014 to $250.2 million in 2020. Investment income also saw a substantial increase from $131.5 thousand in 2014 to $1.9 million in 2020. Total revenue grew from $1.8 million in 2014 to $252.1 million in 2020. Grants paid also increased from $1.0 million in 2014 to $2.1 million in 2020. However, there were some areas of decline, such as other revenue which decreased from $10.7 thousand in 2014 to -$14.6 thousand in 2020. Additionally, the number of total volunteers decreased from 75 in 2014 to 21 in 2020. Overall, despite some decreases in certain areas, the Wyoming Medical Center Foundation has shown significant growth over the given time period.