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Ohio · Nonprofit

LIMA MEMORIAL FOUNDATION

LIMA MEMORIAL FOUNDATION (Ohio) receives grants from 7 organizations whose IRS filings report $285,000 to it, the largest being AR-HALE FAMILY FOUNDATION INC ($115,000). 7 of them have funded it in more than one year.

Revenue FY2024
$2.3M
Funders on record
7
Grants received
$285k
Net assets
$12M
7/7 repeat funderspeak grant-dependency 3%
01What it does

What Lima Memorial Foundation does

Mission

The mission of the Lima Memorial Foundation is to provide quality health care through philanthropy to the communities which lima memorial health system serves.

As stated on its FY2024 Form 990.

Program

  1. The corporation was organized to operate exclusively for charitable and educational purposes. Specifically, to assist lmh in providing quality health care to the community which it serves.

    $139,500 spentof which $139,500 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $139,500.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($2.1M) Expenses 100 ($54k) Net assets 100 ($7.7M)2019 Revenue 73 ($1.5M) Expenses 106 ($57k) Net assets 130 ($10.0M)2020 Revenue 84 ($1.7M) Expenses 121 ($65k) Net assets 119 ($9.1M)2021 Revenue 116 ($2.4M) Expenses 128 ($68k) Net assets 135 ($10M)2022 Revenue 103 ($2.1M) Expenses 203 ($108k) Net assets 109 ($8.3M)2023 Revenue 99 ($2.0M) Expenses 255 ($137k) Net assets 128 ($9.9M)2024 Revenue 111 ($2.3M) Expenses 280 ($150k) Net assets 153 ($12M)
2018201920202021202220232024
Revenue (111)Expenses (280)Net assets (153)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $7.7M to $10.0M (+30%).

$7.7M
$10.0M
$9.2M
$10M
$8.4M
$9.9M
$12M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 7 reported years ran a deficit.

$2.0M
’18
$1.4M
’19
$1.7M
’20
$2.3M
’21
$2.0M
’22
$1.9M
’23
$2.1M
’24
13
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

Michael Swick

Board member/lmh CEO

Board chair

Janet Hawk

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed18212020191819
Joined·+6+1+3+3+2+3
No longer listed·323432
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $26k → $23k.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% 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: $175k from 2 payers (the payer shares this organization's board, largest Lima Memorial Professional Corporation). These are real filings, and they are not money LIMA MEMORIAL FOUNDATION raised.

From the IRS filings of LIMA MEMORIAL FOUNDATION’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

LIMA MEMORIAL FOUNDATION leans on a few funders — its largest provides 40% of grant income and the top three 88%; half comes from just 2 funders.

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

55% 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 LIMA MEMORIAL FOUNDATION.

40%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2017 58% · 2018 96% · 2019 100% · 2020 83% · 2021 100% · 2022 71% · 2023 87% — 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.

Where its funders are

100% of LIMA MEMORIAL FOUNDATION's grant income comes from Ohio funders.

OH

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

’17
’18
’19
’20
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $121k 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

Organizations like LIMA MEMORIAL 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 Ohio

Nationally

05Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

19
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 5 related entities

  • Lima Memorial Joint Operating Company · exempt
  • Lima Memorial Hospital · exempt
  • Lima Memorial Hospital Auxiliary · exempt
  • Lima Memorial Professional Corporation · exempt
  • Lmhs Women's Health Co-Management Company LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for LIMA MEMORIAL 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 LIMA MEMORIAL FOUNDATION?
LIMA MEMORIAL FOUNDATION (Ohio) receives grants from 7 organizations whose IRS filings report $285,000 to it, the largest being AR-HALE FAMILY FOUNDATION INC ($115,000). 7 of them have funded it in more than one year.
How many funders does LIMA MEMORIAL FOUNDATION have?
IRS filings report 7 organizations giving $285,000 in grants to LIMA MEMORIAL FOUNDATION, 7 of which have funded it in more than one year.
Who is the largest funder of LIMA MEMORIAL FOUNDATION?
AR-HALE FAMILY FOUNDATION INC is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
How can an organization like LIMA MEMORIAL FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 Lima Memorial →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 7 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