EIN 23-7320638

Methodist Healthcare Foundation

IRS 501(c) type
501(c)(3)
Num. employees
17
Year formed
1974
Most recent tax filings
2022-12-01
Description
The Methodist Healthcare Foundation raises funds to benefit and strengthen Methodist Le Bonheur Healthcare. Its mission is to invite community philanthropic partners to invest in enhancing research, facilities, and programs that support the healthcare system's mission. The Foundation communicates the bold faith of its founders and expansive vision of a more full and healthy life. Funds raised help enhance clinical service lines, underwrite costs for facilities, and support research initiatives in oncology, cardiology, neurology, and transplant. The Foundation is located in Memphis, TN.
Total revenues
$6,115,982
2022
Total expenses
$6,070,543
2022
Total assets
$19,470,991
2022
Num. employees
17
2022

Program areas at Methodist Healthcare Foundation

TO SUPPORT THE LIFE OF MLH BY INVITING COMMUNITY PHILANTHROPIC PARTNERS TO INVEST IN THE PARTS OF OUR MISSION THAT DEMAND ENHANCEMENTS IN RESEARCH, FACILITY OR PROGRAMS. COMMUNICATING THE BOLD FAITH OF OUR FOUNDERS AND EXPANSIVE VISION OF A MORE FULL AND HEALTHY LIFE FOR THE COMMUNITIES WE SERVE. THE FOUNDATION RAISES FUNDS TO BENEFIT AND STRENGTHEN METHODIST LE BONHEUR HEALTHCARE THROUGH PROGRAMS, ENHANCEMENTS TO FACILITIES, COMMUNITY HEALTH PROGRAMS, PATIENT SUPPORT RESOURCES, AND CENTERS OF EXCELLENCE. 1. FUNDS RAISED ENHANCE AND STRENGTHEN CLINICAL AND RESEARCH INITIATIVES, UNDERWRITE COSTS FOR FACILITIES, TECHNOLOGY AND EQUIPMENT, AND BRIDGE THE GAP BETWEEN WHAT HOSPITAL CHARGES COVER AND WHAT IS NECESSARY TO STAY ON THE CUTTING EDGE OF MEDICAL SCIENCE AND PROVIDE QUALITY CARE TO ALL WHO NEED IT IN OUR COMMUNITY. AREAS OF FUNDRAISING SUCCESS TO PROMOTE CLINICAL EXCELLENCE AND INNOVATION INCLUDE: -a. JAMES D. EASON TRANSPLANT INTITUTE AT METHODIST UNIVERSITY HOSPITAL FUNDS WERE SECURED PRIMARILY FROM INDIVIDUAL DONORS TO BOLSTER RESEARCH AND PATIENT CARE ENHANEMENTS, RETAIN AND RECRUIT EXPERT STAFF AND CAREGIVERS, AND PROVIDE HOLISTIC SOCIAL, EMOTIONAL, AND PHYSICAL CARE TO ALL ORGAN TRANSPLANT PATIENTS. -b. COMPREHENSIVE SICKLE CELL CENTER FUNDS FROM DONORS WERE SECURED IN 2021 THAT ARE NOW HELPING ADVANCE THE LEVEL OF CARE PROVIDED TO PATIENTS SERVED BY THE COMPREHENSIVE SICKLE CELL CENTER. SPECIFIC IMPROVEMENTS INCLUDE EXPANSION OF KEY STAFF POSITIONS, RENOVATIONS TO EXISTING CLINIC SPACE, PATIENT SUPPORT GROUPS, COMMUNITY EDUCATION ACTIVITIES, CLINICAL RESEARCH, AND PATIENT SUPPORT RESOURCES. SPECIFIC EMPHASIS IS PUT ON TRANSITIONING YOUNG ADULT PATIENTS FROM PEDIATRIC CARE INTO ADULT CARE, WHICH IS SUPPORTED THROUGH OUR COLLABORATIVE PARTNERSHIP WITH ST. JUDE CHILDREN'S RESEARCH HOSPITAL'S SICKLE CELL CENTER. 2. WE RAISE FUNDS TO PROVIDE EDUCATIONAL OFFERINGS AND SUPPORTIVE PROGRAMS THAT REMOVE BARRIERS AND HELP COMMUNITY MEMBERS THROUGHOUT THE MEMPHIS AND MID-SOUTH REGION TO ACCESS HEALTH CARE SERVICES AND MAINTAIN THEIR HEALTH. EXAMPLES OF THIS WORK INCLUDE: -a. COMMUNITY COLLECTIVE FOR READING LITERACY ADVANCING 3RD GRADE READING PROFICIENCY AS A KEY INDICATOR OF LIFELONG HEALTH AND WELL-BEING THROUGH GRANT AND INDIVIDUAL DONOR FUNDING, METHODIST PARTNERS WITH BOOKNOOK, AN EDUCATIONAL TECHNOLOGY PROVIDER, TO OFFER REMOTE AND IN-PERSON READING TUTORING TO STUDENTS ACROSS THE CITY AND COUNTY. THIS PROJECT HAS REACHED OVER 3,000 STUDENTS THROUGH 75 COMMUNITY SITES. THE PROJECT ACHIEVED POSITIVE, MEASURABLE IMPACTS ON THE STUDENTS' READING PROFICIECY AND GROWTH COMPARED TO STUDENTS WHO DID NOT PARTICIPATE IN THE PROJECT. -b. NAVIGATING WOMEN TO BETTER BREAST HEALTH - PROVIDING ACCESS TO BREAST CANCER SCREENING AND CARE TO UNDERSERVED WOMEN - RESEARCH INDICATES THAT AFRICAN AMERICAN WOMEN IN MEMPHIS ARE TWICE AS LIKELY TO DIE FROM BREAST CANCER AS CAUCASIAN WOMEN. THE FOUNDATION RECEIVED FUNDING FROM SUSAN G. KOMEN MEMPHIS-MIDSOUTH AND OTHER PHILANTHROPIC ORGANIZATIONS AND INDIVIDUAL DONORS TO HELP UNDERSERVED WOMEN RECEIVE SCREENINGS. WE RECEIVED OUR 10TH CONSECUTIVE YEAR OF FUNDING TO SUPPORT OUR EFFORTS TO NAVIGATE UNDERSERVED WOMEN TO BREAST HEALTH RESOURCES IN ORDER TO PROMOTE PREVENTION AND EARLIER DETECTION OF BREAST CANCER AMONG UNDERSERVED AND MINORITY POPULATIONS. DURING THE 2021 GRANT YEAR THIS FUNDING SUPPORTED THE NAVIGATION OF COMMUNITY MEMBERS AND PAID FOR OVER 400 BREAST MAMMOGRAPHY SCREENINGS AND DIAGNOSTIC EXAMS. -c. DIABETES EDUCATION PROVIDING EDUCATION AND SUPPORT TO PREVENT DIABETES AND IMROVE SELF-MANAGEMENT OF THE CHRONIC DISEASE AMONG AT-RISK COMMUNITY MEMBERS IN THE 38109/SOUTH MEMPHIS COMMUNITY AND BEYOND. USING EVIDENCE-BASED CURRICULUM, A TEAM OF NAVIGATORS AND EDUCATORS PROVIDES INTENSIVE, HANDS-ON EDUCATIONAL OPPORTUNITIES TO COMMUNITY MEMBERS LIVING WITH DIABETES OR WHO ARE DIAGNOSED WITH PRE-DIABETES AS WELL AS CAREGIVERS TO HELP THEM PREVENT AND/OR BETTER MANAGE THE DISEASE. THE CLASSES ARE OPEN TO ALL AND PROVIDED COMPLETELY FREE OF CHARGE. 3. THE FOUNDATION ALSO RAISES FUNDS TO SUPPORT METHODIST'S HOSPICE PROGRAMS, INCLUDING HOME-BASED HOSPICE, THE HOSPICE RESIDENCE, HOSPITAL-BASED HOSPICE, BEREAVEMENT SUPPORT, AND MORE. OUR HOSPICE PROGRAM PROVIDES COMPREHENSIVE CLINICAL, PALLIATIVE, SPIRITUAL AND SOCIAL SUPPORT CARE FOR PATIENTS AND THEIR FAMILIES. DONOR DOLLARS SUPPORT CARE ENHANCEMENTS, PATIENT SUPPORT RESOURCES, BEREAVEMENT, COMMUNITY EDUCATION, AND ALSO COVER THE COST OF CARE FOR PATIENTS WHO ARE UNINSURED AND UNABLE TO PAY. METHODIST HOSPICE IS PART OF ALLIANCE HEALTH SERVICES, INC., A 501C3 (EIN 62-084112), AND SUBSIDIARY OF METHODIST LE BONHEUR HEALTHCARE.

Grants made by Methodist Healthcare Foundation

GranteeGrant descriptionAmount
Semmes-Murphey FoundationEndovascular Fellowship$348,600
Alliance Health ServicesVarious Programs and Operational Support$250,000
The Campbell FoundationClinic Support$128,413
...and 3 more grants made

Who funds Methodist Healthcare Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Belz FoundationHealth/welfare$405,000
Community Foundation of Greater MemphisGeneral Operational Support$135,383
Christian Community Foundation of Memphis and the Mid-SouthProgram Support$27,000
...and 10 more grants received

Personnel at Methodist Healthcare Foundation

NameTitleCompensation
Chuck LaneChief Financial Officer
Lori KesslerAdministration Director Medical Educ and Research$201,195
Leanne McQuownDirector and Major Gifts and Foundation$121,652
Thomas MaherSenior Controller
Monica WhartonSecretary$0
...and 13 more key personnel

Financials for Methodist Healthcare Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,797,742
Program services$0
Investment income and dividends$2,647,607
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-329,367
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,115,982

Form 990s for Methodist Healthcare Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-06990View PDF
2021-122022-11-15990View PDF
2020-122021-10-21990View PDF
2019-122021-04-02990View PDF
2018-122020-02-10990View PDF
...and 10 more Form 990s
Data update history
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Memphis Food and Wine Festival
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 1 new personnel
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHealth organizationsCharities
Issues
Health
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1211 Union Ave 450
Memphis, TN 38104
Metro area
Memphis, TN-MS-AR
Website URL
methodisthealth.org/give 
Phone
(901) 478-0704
IRS details
EIN
23-7320638
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E12: Health Care Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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