Illinois · Nonprofit
MERCY FOUNDATION INC
MERCY FOUNDATION INC (Illinois) receives grants from 2 organizations whose IRS filings report $1,511,080 to it, the largest being Wayne and Nan Kocourek Foundation ($1,500,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $717k
- Funders on record
- 2
- Grants received
- $1.5M
- Net assets
- $6.9M
What Mercy Foundation Inc does
Mission
We, mercy health system of chicago and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.mercy foundation is a member of mercy health system of chicago and trinity health.
As stated on its FY2025 Form 990.
Program
Mercy foundation began in 1983 and is located in chicago, illinois. The foundation was the fundraising arm of mercy health system of chicago. Mercy health system of chicago is in wind down after the sale of mercy hospital and medical center on may 31, 2021. A resolution has been adopted by the mercy foundation to transfer unrestricted funds to other 501(c)(3) organizations which will honor mercy health and medical center's legacy and serve the communities in which mercy hospital and medical center operated. A plan is in process to determine what can be done with the restricted funds.
$19,500 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $19,500.
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 $8.5M to $7.3M (−14%).
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.
0% of MERCY FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Board chair
Benjamin Carter
Dir; chair; pres; th EVP & COO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2021: the base held at 1 funder, grant income rose $10k → $1.5M.
Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest Endeavor Health Clinical Operations). These are real filings, and they are not money MERCY FOUNDATION INC raised.
From the IRS filings of MERCY 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
MERCY FOUNDATION INC leans on a few funders — its largest provides 99% 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
Largest funder’s share by year: 2017 100% · 2018 100% · 2021 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 MERCY FOUNDATION INC's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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
MERCY FOUNDATION INC's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025
Organizations like MERCY 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Public support
18%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 310 related entities
- Advantage Healthsaint Mary's Medical Group · exempt
- Allegany Franciscan Ministries Inc · exempt
- Asylum Hill Family Medicine Center Inc · exempt
- Baum Harmon Mercy Hospital · exempt
- Baum Harmon Mercy Hospital and Clinics Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MERCY 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 MERCY FOUNDATION INC?
- MERCY FOUNDATION INC (Illinois) receives grants from 2 organizations whose IRS filings report $1,511,080 to it, the largest being Wayne and Nan Kocourek Foundation ($1,500,000). 1 of them have funded it in more than one year.
- How many funders does MERCY FOUNDATION INC have?
- IRS filings report 2 organizations giving $1,511,080 in grants to MERCY FOUNDATION INC, 1 of which have funded it in more than one year.
- Who is the largest funder of MERCY FOUNDATION INC?
- Wayne and Nan Kocourek Foundation is the largest funder on record, with $1,500,000 in grants. The full list of funders is on this page.
- How can an organization like MERCY 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 FY2025 (financials across 2017–2025), and the filings of 2 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