EIN 95-6105984

Memorial Medical Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1964
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Memorial Medical Center Foundation has partnered with hundreds of donors and organizations to raise the funds necessary to provide "that extra measure of care" to those seeking care on their campus.
Total revenues
$14,326,786
2022
Total expenses
$9,208,386
2022
Total assets
$251,549,867
2022
Num. employees
9
2022

Program areas at Memorial Medical Center Foundation

See schedule oa 22-member (20 volunteer) board of directors and finance committee meet quarterly. The investment committee meets quarterly and the nominating committee meets at least annually. The board has helped raise philanthropic gifts, grants and bequests. They provide oversight of investment of assets entrusted and steward the distribution in support of research, Medical education, capital equipment and buildings and patient programs at long beach Memorial and miller & women's hospital long beach by matching the need with donors' wishes. Their work includes the of all assets in the entire portfolio containing 81 charitable trusts and charitable gift annuities. Since its inception over 50 years ago, community members have given time, talent and treasure to oversee this Foundation. Thousands of philanthropic friends gave millions in philanthropic gifts for: (1) Medical education;(2) staff and community health care education;(3) patient care initiatives, critical clinical equipment and capital support for construction and renovation;(4) support of a clinical research program through the office of research and research administration; (5) a Center for health education, including an electronic Medical library, theater and forum where grand rounds and other education and community benefit programs are held; (6) the miller children's & women's hospital long beach, the leavy radiation oncology Center, todd cancer institute, the Memorial heart and vascular institute, etc. Foundation funds have benefited an untold number of patients, community members, and health care professionals.

Grants made by Memorial Medical Center Foundation

GranteeGrant descriptionAmount
Long Beach Memorial Medical CenterProgram Support$6,117,138

Who funds Memorial Medical Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,055,000
Temple Family Charitable FoundationSupport of Hospital; Promote Access To Health Care$335,000
Ralph M. Parsons FoundationTo Construct An Outpatient Facility at the Miller Childrens Hospital in Long Beach$250,000
...and 29 more grants received totalling $3,479,621

Personnel at Memorial Medical Center Foundation

NameTitleCompensation
Yair KatzChief Financial Officer , MMCF and Chief Financial Officer , LBMMC / President / Chief Financial Officer and Chief Financial Officer - LBMMC$0
Gary S MuenzelSenior Executive Director / Executive Director , Finance$0
Cathleen F WiederDirector , Major Gifts$0
Samuel Joseph ProkoDirector , Accounting$0
Robert GunsalusPresident$0
...and 9 more key personnel

Financials for Memorial Medical Center Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$3,339,684
Program services$0
Investment income and dividends$879,617
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,211,151
Net income from fundraising events$-103,666
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$14,326,786

Form 990s for Memorial Medical Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062021-01-28990View PDF
2018-062019-07-23990View PDF
...and 10 more Form 990s
Data update history
July 22, 2023
Received grants
Identified 23 new grant, including a grant for $335,000 from Temple Family Charitable Foundation
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 3 new personnel
June 30, 2023
Used new vendors
Identified 2 new vendors, including , and
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $148,700 from Steel Magnolias
Nonprofit Types
Grantmaking organizationsDisease research fundraisersCharities
Issues
HealthEducationDiseases and disorders
Characteristics
Operates donor advised fundsProvides grantsConducts researchFundraising eventsPeer-to-peer fundraisingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
2801 Atlantic Ave
Long Beach, CA 90806
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
memorialcare.org/ 
Phone
(562) 933-4483
Facebook page
LBMMCF 
IRS details
EIN
95-6105984
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1964
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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