Massachusetts · Nonprofit
LAHEY CLINIC FOUNDATION INC
LAHEY CLINIC FOUNDATION INC (Massachusetts) receives grants from 52 organizations whose IRS filings report $19,431,437 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($8,564,072). 29 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $38M
- Funders on record
- 52
- Grants received
- $19M
- Net assets
- $288M
What Lahey Clinic Foundation Inc does
Mission
The lahey clinic foundation, inc. (lcf) serves as the sole member and supports the lahey clinic, inc. (lci) and lahey clinic hospital d/b/a lahey clinic, lahey clinic peabody and lahey clinic outpatient rehabilitation services at danvers (lch or lahey clinic), enabling lch and lci to provide superior health care leading to the best possible outcomes for every patient. As one of the world's premier health care organizations, lahey clinic aims to exceed each patient's high expectations for service and to advance medicine through research and the education of tomorrow's health care leaders. Lahey clinic foundation, working with lci and lch, is committed to improving the health and quality of life of community residents by supporting local organizations aligned with this mission. Beth israel lahey health (bilh) is an integrated health care system committed to expanding access to extraordinary patient care across eastern massachusetts and southern new hampshire advancing the science and practice of medicine through groundbreaking research and education. The bilh system is comprised of academic and teaching hospitals, a premier orthopedics hospital, primary care and specialty care…
As stated on its FY2025 Form 990.
Program
As previously noted and in furtherance of its exempt purposes, lahey clinic foundation, inc., (lcf) is the sole corporate member of lahey clinic hospital, inc. D/b/a lahey clinic hospital d/b/a lahey clinic, lahey clinic peabody and lahey clinic outpatient rehabilitation services at danvers (lch or lahey clinic) and lahey clinic, inc. (lc). Lcf holds capital assets, investments, and debt to provide assistance to lch and lci for the provision of patient health care services, including charity care, patient education, community benefits and community service programs, continuing education of health care providers, as well as health care research activities. Below are some of lahey's accomplishments during the period covered by this filing. Lahey clinic hospital - outpatient clinics and services lahey clinic hospital d/b/a lahey clinic, lahey clinic peabody and lahey clinic outpatient rehabilitation services at danvers (lch or hospital) operates two campuses, one in burlington and a second in peabody as well as an additional location for outpatient services in danvers. Lahey clinic in burlington, is a tertiary care facility and academic medical center. Lahey clinic, peabody, is a…
$6,363,836 spent$6,596,069 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,363,836.
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 $1.3B to $961M (−28%).
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.
35% of LAHEY CLINIC FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 14 funders to 21 funders, grant income rose $1.2M → $3.2M.
20 of 52 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% 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 LAHEY CLINIC FOUNDATION INC’s funders (the co-funder graph). Top 30 of 52 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
LAHEY CLINIC FOUNDATION INC leans on a few funders — its largest provides 44% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
67% 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 LAHEY CLINIC FOUNDATION INC.
Largest funder’s share by year: 2017 42% · 2018 50% · 2019 62% · 2020 55% · 2021 47% · 2022 38% · 2023 38% — 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
34% of LAHEY CLINIC FOUNDATION INC's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
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
52% of LAHEY CLINIC FOUNDATION INC'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 $9.4M that is directly attributable, 54% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $10M arriving through sponsors registered in 11 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.
Against its field
LAHEY CLINIC FOUNDATION INC runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.
this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025
Government funding LAHEY CLINIC FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $275 on record.
- (JJ) OPERATIONAL SERVICES$275
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 LAHEY CLINIC FOUNDATION 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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Public support
36%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 27 states
Part of a family of 82 related entities
- Addison Gilbert Society Inc · exempt
- Anna Jaques Hospital · exempt
- Assoc Phys Harvard Med Fac Phy at Bidmc · exempt
- Baim Institute for Clinical Research Inc Dba Baim Institute · exempt
- Beth Israel Anaesthesia Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LAHEY CLINIC FOUNDATION 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 LAHEY CLINIC FOUNDATION INC?
- LAHEY CLINIC FOUNDATION INC (Massachusetts) receives grants from 52 organizations whose IRS filings report $19,431,437 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($8,564,072). 29 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LAHEY CLINIC FOUNDATION INC have?
- IRS filings report 52 organizations giving $19,431,437 in grants to LAHEY CLINIC FOUNDATION INC, 29 of which have funded it in more than one year.
- Who is the largest funder of LAHEY CLINIC FOUNDATION INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $8,564,072 in grants. The full list of funders is on this page.
- How can an organization like LAHEY CLINIC FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 Lahey Clinic →
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 52 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 22, 2026. What this page cannot tell you · view filing