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Illinois · Nonprofit

Memorial Hospital Foundation

Memorial Hospital Foundation (Illinois) receives grants from 4 organizations whose IRS filings report $79,890 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($59,728). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$195k
Funders on record
4
Grants received
$80k
Net assets
$1.0M
1/4 repeat funderspeak grant-dependency 15%
01What it does

What Memorial Hospital Foundation does

Mission

Enhancing the health and wellness of our communities through charitable giving.

As stated on its FY2025 Form 990.

Program

  1. The Memorial Hospital Foundation was established to support Memorial Hospital, Hancock County Senior & Childcare Services and the general health and well-being of the citizens of Hancock County, Illinois. Donations to the foundation are used to meet short and long-term goals for the benefit of quality local healthcare, health and wellness provisions for our communities, and to build stability and a financial legacy for future generations.

    $53,440 spentof which $53,440 as grants$42,604 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $53,440.

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 ($111k) Expenses 100 ($65k) Net assets 100 ($163k)2018 Revenue 120 ($133k) Expenses 196 ($127k) Net assets 104 ($170k)2019 Revenue 100 ($111k) Expenses 151 ($97k) Net assets 96 ($157k)2020 Revenue 173 ($191k) Expenses 96 ($62k) Net assets 178 ($291k)2021 Revenue 144 ($159k) Expenses 23 ($15k) Net assets 283 ($463k)2022 Revenue 370 ($410k) Expenses 345 ($223k) Net assets 387 ($631k)2023 Revenue 184 ($204k) Expenses 238 ($154k) Net assets 424 ($691k)2024 Revenue 179 ($199k) Expenses 65 ($42k) Net assets 531 ($867k)2025 Revenue 176 ($195k) Expenses 91 ($59k) Net assets 627 ($1.0M)
'17'18'19'20'21'22'23'24'25
Revenue (176)Expenses (91)Net assets (627)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 2023 to 2024, from $691k to $867k (+25%).

$163k
$170k
$157k
$291k
$463k
$631k
$691k
$867k
$1.0M
'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

86% of Memorial Hospital Foundation’s revenue is contributions — more donation-reliant than the typical peer (83% for the typical peer).

This organization
Typical peer · 14,932 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$46k
’17
$7k
’18
$14k
’19
$129k
’20
$145k
’21
$187k
’22
$50k
’23
$157k
’24
$136k
’25
209
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

Ada Bair

Director/ Memorial Hospital CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed171719181818202220
Joined·+0+3+0+0+3+4+8+5
No longer listed·01103267
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $20k → $16.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 Hospital 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

Memorial Hospital Foundation leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

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

100% 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 Hospital Foundation.

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 76% · 2022 100% · 2023 100% — broadly stable.

“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 Memorial Hospital Foundation'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 $100 that is directly attributable, 100% of it comes from funders outside Illinois, across 1 state.

NC

Funder states come from each funder’s own filing. $80k 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

Against its field

Memorial Hospital Foundation runs a healthier operating margin than three-quarters of the 8,464 health nonprofits its size.

Operating margin70% · top quartile
Months of reserve209.0mo · top quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 8,464 health nonprofits $100k–$1M, FY2025

Organizations like Memorial Hospital 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 Illinois

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 0%Fundraising 9%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

80%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for Memorial Hospital 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 Memorial Hospital Foundation?
Memorial Hospital Foundation (Illinois) receives grants from 4 organizations whose IRS filings report $79,890 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($59,728). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Memorial Hospital Foundation have?
IRS filings report 4 organizations giving $79,890 in grants to Memorial Hospital Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of Memorial Hospital Foundation?
AMERICAN ENDOWMENT FOUNDATION is the largest funder on record, with $59,728 in grants. The full list of funders is on this page.
How can an organization like Memorial Hospital Foundation 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 FY2025 (financials across 2017–2025), and the filings of 4 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