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Illinois · Nonprofit

FREEPORT REGIONAL HEALTH CARE FOUNDATION

FREEPORT REGIONAL HEALTH CARE FOUNDATION (Illinois) receives grants from 10 organizations whose IRS filings report $1,090,890 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($470,000). 5 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2023
$44M
Funders on record
10
Grants received
$1.1M
Net assets
$5.3M
5/10 repeat funderspeak grant-dependency 1%
01What it does

What Freeport Regional Health Care Foundation does

Mission

Our mission is to improve the health of our communities, working together with those we serve.

As stated on its FY2023 Form 990.

Programs

  1. Freeport Regional Health Care Foundation provides physician services to patients in five northwestern illinois counties. The foundation ensures continued access to care by serving patients in medically underserved areas

    $14,160,468 spent$31,061,576 earned by the program
    30% of program spending
  2. Other uncompensated care: the foundation is a licensed medicare and medicaid provider with approximately 68% of its patients base qualifying for at least on of these programs. At present the reimbursement rates of these programs do not fully cover the cost of care to these patients. The estimated unfunded costs of the services for medicare and medicaid patients was approximately $21,415,762 for the year ending 12/31/2024.

    $32,407,889 spent$10,992,127 earned by the program
    70% of program spending
  3. Charity care: the foundation provided care benefits up to 300% of the federally determined proverty level. Charges foregone for charity care amounted to approximately $62,604 in 2024. Estimated costs of providing these services amounted to approximately $46,762 in 2024.

    $46,762 spent$62,604 earned by the program
    0% of program spending
  4. Fhn operates and/or supports a variety of community benefit programs that included but were not limited to the following:community health education programs: as part of fhn's commitment to providing health education to area communities, fhn provided numerous community education events and school health programs and support group events. The estimated direct and indirect costs of these programs and development of resources were approximately $46,000.community-based clinical services: as part of fhn's mission to improve health, fhn and the stephenson county health department have partnered to provide primary health care services to anyone in need of medical care at the fhn community healthcare center. Approximately 2,500 patient visits were provided in 2024. Services offered include diagnosis and treatment of common acute illnesses as well as management of chronic health problems, including nurse practitioner exams and consultations, lab tests, x-rays and health education.fhn also provided 3,910 health screens and sports physicals, 551 hours of conditioning and training support and sports medicine trainers at several events. The estimated direct and indirect costs of these programs…

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $46,615,119.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($42M) Expenses 100 ($65M) Net assets 100 ($1.4M)2021 Revenue 109 ($45M) Expenses 108 ($70M) Net assets 157 ($2.2M)2022 Revenue 103 ($43M) Expenses 107 ($69M) Net assets 216 ($3.1M)2023 Revenue 106 ($44M) Expenses 106 ($69M) Net assets 375 ($5.3M)
2020202120222023
Revenue (106)Expenses (106)Net assets (375)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $45M to $41M (−8%).

$44M
$45M
$41M
$42M
2020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

0% of FREEPORT REGIONAL HEALTH CARE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 4 reported years ran a deficit.

−$24M
’20
−$25M
’21
−$27M
’22
−$25M
’23
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mark Gridley

President/CEO

As listed on its FY2024 Form 990.

2020202120222023
Listed21242524
Joined·+5+3+4
No longer listed·225
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $225k → $167k.

4 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FREEPORT REGIONAL HEALTH CARE FOUNDATION’s funders (the co-funder graph). Top 9 of 10 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FREEPORT REGIONAL HEALTH CARE FOUNDATION leans on a few funders — its largest provides 43% of grant income and the top three 86%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FREEPORT REGIONAL HEALTH CARE FOUNDATION.

43%
largest funder
86%
top three
~4
effective funders

Largest funder’s share by year: 2018 96% · 2019 100% · 2020 92% · 2021 57% · 2022 76% · 2023 71% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of FREEPORT REGIONAL HEALTH CARE FOUNDATION's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

71% of FREEPORT REGIONAL HEALTH CARE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $312k that is directly attributable, 95% of it comes from Illinois funders.

IL
OH
TX

In-state vs out-of-state, by year

’18
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $778k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FREEPORT REGIONAL HEALTH CARE FOUNDATION receives grants from 10 organizations whose IRS filings report $1.1M to it.

Operating margin−57% · bottom quartile
Months of reserve0.7mo · below the median
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 4,503 health nonprofits $10M–$100M, FY2023

Government funding FREEPORT REGIONAL HEALTH CARE FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $328k on record.

Federal$328k
grants $328kcontracts $0
Top agencies
  • Department of Agriculture$328k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FREEPORT REGIONAL HEALTH CARE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

67% of spending goes to programs.

Program 67%Management 33%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 4 related entities

  • Freeport Memorial Hospital · exempt
  • Jane Addams Inc · exempt
  • Jane Addams Healthcare Services Inc · exempt
  • Memorial Enterprises Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for FREEPORT REGIONAL HEALTH CARE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FREEPORT REGIONAL HEALTH CARE FOUNDATION?
FREEPORT REGIONAL HEALTH CARE FOUNDATION (Illinois) receives grants from 10 organizations whose IRS filings report $1,090,890 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($470,000). 5 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FREEPORT REGIONAL HEALTH CARE FOUNDATION have?
IRS filings report 10 organizations giving $1,090,890 in grants to FREEPORT REGIONAL HEALTH CARE FOUNDATION, 5 of which have funded it in more than one year.
Who is the largest funder of FREEPORT REGIONAL HEALTH CARE FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $470,000 in grants. The full list of funders is on this page.
How can an organization like FREEPORT REGIONAL HEALTH CARE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Freeport Regional Health Care →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing