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Illinois · Nonprofit

MEMORIAL FOUNDATION INC

MEMORIAL FOUNDATION INC (Illinois) receives grants from 7 organizations whose IRS filings report $1,139,037 to it, the largest being EVER AND ANON FOUNDATION ($750,000). 5 of them have funded it in more than one year.

Revenue FY2024
$15M
Funders on record
7
Grants received
$1.1M
Net assets
$131M
5/7 repeat funderspeak grant-dependency 24%
01What it does

What Memorial Foundation Inc does

Mission

Memorial foundation,inc. Is committed to building healthy, vibrant communities in protestant memorial medical center, inc.'s, dba memorial hospital, service area now and for generations to come.

As stated on its FY2024 Form 990.

Programs

  1. Capital: memorial foundation, inc. Provided support for capital improvements at memorial hospitals in belleville and shiloh, il. Capital improvements included the expansion of the shiloh, il campus rehabilitation center, replacements to crash cart defibrillators, ultrasound units in the breast health center, prone breast boards in radiology and simulation manikins.

    $2,346,408 spentof which $2,346,408 as grants
    74% of program spending
  2. Community service/outreach: memorial foundation, inc. Provided support for community outreach programs at local schools and non-profits in the pmmci communities. Funds were awarded to a local school district to support a construction project for a learning caf that will enable all students, regardless of ability, with life skills to find employment. The largest school district in the service area was awarded funds to provide low income families with free school physicals and vaccinations. A youth-focused non-profit was awarded funding to provide physical and mental wellness activities for students, regardless of ability to pay. A non-profit supporting victims of sexual assault was awarded funding to ensue victims do not experience disrupted services in their physical and mental wellness programs. Memorial foundation, inc. Also supported "art on the square", the largest public event held in st. Clair county where the foundation promoted diabetes prevention and healthy living choices by hosting hospital diabetes educators.

    $788,664 spentof which $788,664 as grants
    25% of program spending
  3. Patient support: memorial foundation, inc. Provided car seats and safe sleep swaddles for families in the family birthing center. Patient support was also provided for compression garments for lymphedema patients and glucose monitors and strips for the diabetes education program.

    $26,692 spentof which $26,692 as grants
    1% of program spending
  4. External community, general operations: memorial foundation, inc. Provided support to hospital employees who were in need of financial assistance and assistance for mental and physical wellness program for employees.

    $25,184 spentof which $25,184 as grants
    1% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,186,948.

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.

100 = 20172017 Revenue 100 ($2.2M) Expenses 100 ($285k) Net assets 100 ($17M)2018 Revenue 332 ($7.1M) Expenses 367 ($1.0M) Net assets 688 ($116M)2019 Revenue 370 ($8.0M) Expenses 4518 ($13M) Net assets 700 ($118M)2020 Revenue 223 ($4.8M) Expenses 2415 ($6.9M) Net assets 709 ($120M)2021 Revenue 815 ($18M) Expenses 5318 ($15M) Net assets 723 ($122M)2022 Revenue 27 ($571k) Expenses 1004 ($2.9M) Net assets 680 ($115M)2023 Revenue 237 ($5.1M) Expenses 1081 ($3.1M) Net assets 726 ($123M)2024 Revenue 701 ($15M) Expenses 1267 ($3.6M) Net assets 777 ($131M)
'17'18'19'20'21'22'23'24
Revenue (701)Expenses (1267)Net assets (777)

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 $17M to $120M (+602%).

$17M
$120M
$134M
$130M
$140M
$120M
$128M
$139M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$1.9M
’17
$6.1M
’18
−$4.9M
’19
−$2.1M
’20
$2.4M
’21
−$2.3M
’22
$2.0M
’23
$11M
’24
0.2
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.

Board chair

Guthrie Gary

Chairman

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24
Listed1512131414141316
Joined·+3+3+4+3+2+0+5
No longer listed·6233212
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income fell $515k → $18k.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% 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 MEMORIAL 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

MEMORIAL FOUNDATION INC leans on a few funders — its largest provides 66% of grant income and the top three 97%; half comes from just 1 funder.

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

33% 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 MEMORIAL FOUNDATION INC.

66%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 97% · 2018 100% · 2019 100% · 2020 83% · 2021 100% · 2022 100% · 2023 86% — 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

MEMORIAL FOUNDATION INC draws 69% of its grant income from funders outside Illinois, across 3 states in all.

IL
NY
MO

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

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $25k 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 MEMORIAL 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 Illinois

Nationally

05Profile & governance

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

Where the money goes

88% of spending goes to programs.

Program 88%Management 5%Fundraising 7%

Governance

14
board members
86%
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 38 related entities

  • Alton Memorial Health Services Foundation · exempt
  • Alton Memorial Hospital Charitable Trust · exempt
  • Barnes Jewish St Peters & Progress West Foundation · exempt
  • Christian Hospital Foundation · exempt
  • Fairview Heights Medical Group Sc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MEMORIAL 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 MEMORIAL FOUNDATION INC?
MEMORIAL FOUNDATION INC (Illinois) receives grants from 7 organizations whose IRS filings report $1,139,037 to it, the largest being EVER AND ANON FOUNDATION ($750,000). 5 of them have funded it in more than one year.
How many funders does MEMORIAL FOUNDATION INC have?
IRS filings report 7 organizations giving $1,139,037 in grants to MEMORIAL FOUNDATION INC, 5 of which have funded it in more than one year.
Who is the largest funder of MEMORIAL FOUNDATION INC?
EVER AND ANON FOUNDATION is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
How can an organization like MEMORIAL FOUNDATION INC 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), 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