Wisconsin · Nonprofit
FROEDTERT SOUTH INC
FROEDTERT SOUTH INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $60,461 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($28,465). 2 of them have funded it in more than one year.
- Revenue FY2025
- $487M
- Funders on record
- 3
- Grants received
- $60k
- Net assets
- $639M
What Froedtert South Inc does
Mission
Froedtert south, inc. Is committed to living out the healing ministries of the judeo-christian faiths by providing exceptional and compassionate healthcare services that promotes the dignity and well-being of the people we serve. This is our mission and our reason for being. We strive to recruit and retain the best physicians and staff and purchase the best diagnostic and curative medical equipment that our financial resources will permit. We also strive to be accessible to all members of our community with emergent and urgent healthcare needs, irrespective of their ability to pay. This is our commitment to the quality, accessibility and affordability fundamentals affecting the delivery of healthcare.
As stated on its FY2025 Form 990.
Program
Acute care hospital that provides inpatient, outpatient, and emergency care services to its community. 2024 charity care $4,469,756. Charity care is defined as free or discounted health services provided to those who cannot afford to pay and who meet all criteria for financial assistance. Charity care is based on actual costs, not charges, and does not include bad debt. Unreimbursed cost of public programs $38,190,739. Unreimbursed cost of public programs is defined as the shortfall experienced when payments received are below the cost of treating public beneficiaries through medicaid and other local public programs. Community health improvement services $518,354. Community health improvement services are defined as clinical and non-clinical services designed to improve community health, which are provided to the community for free or for fees that did not cover costs. Financial contributions $3,760. Financial contributions are defined as contributions, including cash, non-cash items such as food, furniture, equipment, supplies, and loaned staff for volunteer and charitable purposes, made to individuals, community groups, or nonprofit organizations for charitable purposes. Health…
$421,426,127 spentof which $17,250 as grants$480,934,422 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $421,426,127.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $456M to $529M (+16%).
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.
0% of FROEDTERT SOUTH INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Richard O Schmidt Jr
President/CEO/director
Board chair
Mike Gentile
Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022 filings.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $25k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% 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 FROEDTERT SOUTH INC’s funders (the co-funder graph). 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
FROEDTERT SOUTH INC leans on a few funders — its largest provides 47% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
47% 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 FROEDTERT SOUTH INC.
Largest funder’s share by year: 2019 100% · 2021 100% · 2022 54% · 2023 76% — 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.
Where its funders are
FROEDTERT SOUTH INC draws 100% of its grant income from funders outside Wisconsin, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $28k arriving through sponsors registered in 1 state 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.
Against its field
FROEDTERT SOUTH INC runs a healthier operating margin than half of the 1,241 health nonprofits its size.
this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025
Organizations like FROEDTERT SOUTH INC
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 Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Fsinc Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FROEDTERT SOUTH INC: 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.
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 FROEDTERT SOUTH INC?
- FROEDTERT SOUTH INC (Wisconsin) receives grants from 3 organizations whose IRS filings report $60,461 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($28,465). 2 of them have funded it in more than one year.
- How many funders does FROEDTERT SOUTH INC have?
- IRS filings report 3 organizations giving $60,461 in grants to FROEDTERT SOUTH INC, 2 of which have funded it in more than one year.
- Who is the largest funder of FROEDTERT SOUTH INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $28,465 in grants. The full list of funders is on this page.
- How can an organization like FROEDTERT SOUTH INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 Froedtert South →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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