The Memorial Foundation

Organization Overview

The Memorial Foundation is located in Yakima, WA. The organization was established in 1978. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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, Memorial Foundation generated $10.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ADVANCE AND TRANSFORM HEALTHCARE IN YAKIMA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDREN'S VILLAGE - SUPPORTING SERVICES FOR CHILDREN WITH SPECIAL HEALTHCARENEEDS.


NORTH STAR LODGE - SUPPORTING A FULL-SERVICE OUTPATIENT CANCER TREATMENT FACILITY.


SUPPORT NUMEROUS HEALTHCARE/HEALTHCARE RELATED PROGRAMS.


HOSPICE HOME HEALTH CARE - SUPPORTING HOSPICE/HOME HEALTH SERVICES INCLUDING END OF LIFE SERVICES TO PATIENTS AT HOME AND IN AN IN-PATIENT SETTING (INCLUDING PALLIATIVE CARE/TRANSITIONS).


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Board, Officers & Key Employees

Name (title)Compensation
Robert G Price
Board Chairman
$0
Doug Ellison
Vice Chairman
$0
B Jean Pryor
Secretary/treasurer
$0
Bruce Heiser
Immediate Past Chairman
$0
Tom Stokes
Executive Committee Member
$0
Bill Dolsen
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$295,963
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,242,642
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,538,605
Total Program Service Revenue$0
Investment income $431,074
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $247,373
Net Income from Fundraising Events $80,549
Net Income from Gaming Activities $10,727
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,308,328

Grants Awarded

Over the last fiscal year, The Memorial Foundation has awarded $2,096,544 in support to 2 organizations.

Grant RecipientAmount

VIRGINIA MASON MEMORIAL

PURPOSE: TO PROVIDE SUPPORT TO THE VIRGINA MASON MEMORIAL IN THEIR PURSUIT OF HEALTH IMPROVEMENT, EDUCATION, AND IMPROVING OUR COMMUNITY.

$39,140

YAKIMA VALLEY SKILLS CENTER FOUNDATION

PURPOSE: TO PROVIDE SUPPORT TO THE YAKIMA VALLEY TECHNICAL SKILLS CENTER

$2,057,404
View Grant Profile

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Providence St Vincent Medical Foundation
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$42,114,354
Alaska Carpenters Health & Welfare Trust Fund
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$14,352,057
Providence Portland Medical Foundation
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Montana Retail Employees Health And Welfare Trust
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$13,499,364
Seattle Childrens Hospital
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$11,487,562
Idaho Plumbers & Pipefitters Health & Welfare Agmt & Declaration Of Tr
Meridian, ID
$11,854,687
Overlake Hospital Foundation
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$11,666,714
Graduate Teaching Fellows Fed Local 3544 Health & Welfare Agreement
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$10,951,210
Alaska Pipe Trades-367 U A Health & Security Trust
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$10,692,035
I B E W Health-Welfare Trust Of Southwest Washington Labor Center
Spokane, WA
$12,783,619
Northwest Roofers And Employers Health And Security Trust Fund
Seattle, WA
$10,664,180
Alaska Pipe Trades Association-375 Health & Security Trust Fund
Seattle, WA
$8,279,640
Mary Bridge Childrens Foundation
Tacoma, WA
$27,847,273
Providence Health Care Foundation Eastern Washington
Spokane, WA
$9,504,623
Good Samaritan Foundation
Portland, OR
-$3,113,291
Peacehealth Southwest Medical Center Foundation
Vancouver, WA
$23,865,157
Providence Southwest Washington Foundation
Olympia, WA
$7,357,966
Peacehealth Sacred Heart Medical Center Foundation
Eugene, OR
$5,308,922
Portneuf Health Trust
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$3,443,084
Tri-State Hospital Foundation
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$1,557,261
Mid-Columbia Health Foundation
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$1,737,848

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