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Florida · Nonprofit

Lakeland Regional Medical Center Foundation Inc

Lakeland Regional Medical Center Foundation Inc (Florida) receives grants from 8 organizations whose IRS filings report $1,641,270 to it, the largest being GEORGE JENKINS FOUNDATION INC ($1,125,000). 4 of them have funded it in more than one year.

Revenue FY2025
$19M
Funders on record
8
Grants received
$1.6M
Net assets
$51M
4/8 repeat funderspeak grant-dependency 1%
01What it does

What Lakeland Regional Medical Center Foundation Inc does

Mission

The Lakeland Regional Health Foundation was created to ensure that additional resources are always available for the services that make Lakeland Regional Health (LRH) the healthcare provider of choice for Lakeland, Polk County and the surrounding communities. The Foundation provides for the important extras that make LRH special and frequently for the advances that keep LRH on the leading edge of care and technology.The Foundation's philosophy is one of involved, empowered philanthropy as we encourage donors: -To be hands on -To learn about and continue to follow the impact of their gifts -To help drive future philanthropy programs -To be partners with the Foundation in building awareness and in helping to improve community health

As stated on its FY2025 Form 990.

Program

  1. All of the Foundation's programs serve to further the quality of patient care at Lakeland Regional Health to deliver nationally recognized healthcare, strengthen the health of the community and advance the future of healthcare for those it serves.

    $10,282,420 spentof which $10,282,420 as grants$-3,583,229 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $10,282,420.

02The organization over time

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.

100 = 20172017 Revenue 100 ($5.5M) Expenses 100 ($7.2M) Net assets 100 ($41M)2018 Revenue 222 ($12M) Expenses 89 ($6.5M) Net assets 114 ($47M)2019 Revenue 109 ($6.0M) Expenses 91 ($6.6M) Net assets 112 ($46M)2020 Revenue 42 ($2.3M) Expenses 89 ($6.5M) Net assets 102 ($42M)2021 Revenue 194 ($11M) Expenses 177 ($13M) Net assets 103 ($42M)2022 Revenue 194 ($11M) Expenses 100 ($7.2M) Net assets 102 ($42M)2023 Revenue 73 ($4.0M) Expenses 74 ($5.3M) Net assets 103 ($43M)2024 Revenue 50 ($2.7M) Expenses 40 ($2.9M) Net assets 110 ($45M)2025 Revenue 339 ($19M) Expenses 155 ($11M) Net assets 124 ($51M)
'17'18'19'20'21'22'23'24'25
Revenue (339)Expenses (155)Net assets (124)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 2017 to 2018, from $41M to $47M (+14%).

$41M
$47M
$46M
$42M
$42M
$42M
$43M
$46M
$51M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

82% of Lakeland Regional Medical Center Foundation Inc’s revenue is contributions — more reliant on donations 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. 6 of the last 9 reported years ran a deficit.

−$1.8M
’17
$5.7M
’18
−$596k
’19
−$4.1M
’20
−$2.2M
’21
$3.4M
’22
−$1.3M
’23
−$158k
’24
$7.4M
’25
1.9
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

Danielle Drummond

President/CEO of LRHS

Board chair

Robert Sorenson Jr

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191621181716181818
Joined·+1+6+1+2+0+4+0+0
No longer listed·41431200
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $62k → $16k.

2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $3.0M from one payer (the payer shares this organization's board, largest Givewell Community Foundation Inc). These are real filings, and they are not money Lakeland Regional Medical Center Foundation Inc raised.

From the IRS filings of Lakeland Regional Medical Center Foundation 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

Lakeland Regional Medical Center Foundation Inc leans on a few funders — its largest provides 69% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

26% 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 Lakeland Regional Medical Center Foundation Inc.

69%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 44% · 2019 100% · 2020 83% · 2021 76% · 2022 100% · 2023 58% — growing more concentrated.

“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

20% of Lakeland Regional Medical Center Foundation Inc's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y

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

95% of Lakeland Regional Medical Center Foundation Inc's grant income comes from Florida funders.

MO
TX
FL

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

’17
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $401k arriving through sponsors registered in 2 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

Lakeland Regional Medical Center Foundation Inc runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.

Operating margin40% · top quartile
Months of reserve1.9mo · above the median
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like Lakeland Regional Medical Center 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 Florida

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 3%Fundraising 5%

Governance

17
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Lakeland Regional Medical Center Inc · exempt
  • Lakeland Regional Health Systems Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Lakeland Regional Medical Center 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.

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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 Lakeland Regional Medical Center Foundation Inc?
Lakeland Regional Medical Center Foundation Inc (Florida) receives grants from 8 organizations whose IRS filings report $1,641,270 to it, the largest being GEORGE JENKINS FOUNDATION INC ($1,125,000). 4 of them have funded it in more than one year.
How many funders does Lakeland Regional Medical Center Foundation Inc have?
IRS filings report 8 organizations giving $1,641,270 in grants to Lakeland Regional Medical Center Foundation Inc, 4 of which have funded it in more than one year.
Who is the largest funder of Lakeland Regional Medical Center Foundation Inc?
GEORGE JENKINS FOUNDATION INC is the largest funder on record, with $1,125,000 in grants. The full list of funders is on this page.
How can an organization like Lakeland Regional Medical Center Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 8 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