EIN 95-6105984

Memorial Medical Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
1964
Most recent tax filings
2021-06-01
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
$15,146,555
2020
Total expenses
$7,777,639
2020
Total assets
$230,351,771
2020
Num. employees
14
2020

Program areas at Memorial Medical Center Foundation

See schedule oa 20-member volunteer board of directors, a finance committee, and a grants application committee meet bi-monthly. 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 118 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$3,860,918

Who funds Memorial Medical Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Orange County Community Foundation (OCCF)Health & Wellness$15,000,000
Barbara Ross Charitable TrustMedical Care Assistance for Hospital$500,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$427,000
...and 28 more grants received totalling $16,986,053

Personnel at Memorial Medical Center Foundation

NameTitleCompensation
Yair KatzChief Financial Officer and Chief Financial Officer - LBMMC$0
Gary MuenzelSenior Executive Director$0
Keegan M. Bell, CfreExecutive Director$0
Anne FirestoneMajor Gifts Director$0
Cathleen F WiederDirector , Major Gifts$0
...and 10 more key personnel

Financials for Memorial Medical Center Foundation

RevenuesFYE 06/2020
Total grants, contributions, etc.$12,066,669
Program services$0
Investment income and dividends$1,056,091
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,112,667
Net income from fundraising events$-88,872
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$15,146,555

Form 990s for Memorial Medical Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-062022-07-11990View PDF
2020-062021-05-18990View PDF
2019-062021-01-28990View PDF
2018-062019-07-23990View PDF
2017-062018-10-16990View PDF
...and 9 more Form 990s
Data update history
August 2, 2022
Received grants
Identified 5 new grant, including a grant for $30,000 from Tichenor Clinic for Children
September 28, 2021
Received grants
Identified 12 new grant, including a grant for $15,000,000 from Orange County Community Foundation (OCCF)
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 18, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMedical research organizationsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
Funds one specific organizationOperates donor advised fundsProvides grantsConducts researchFundraising eventsEndowed supportGala fundraisersFundraising 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
H11: Medical Research Single Organization Support
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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