Illinois · Nonprofit
MICHAEL REESE HEALTH TRUST
MICHAEL REESE HEALTH TRUST (Illinois) receives grants from 46 organizations whose IRS filings report $12,880,193 to it, the largest being ARIE AND IDA CROWN MEMORIAL ($2,080,000). 24 of them have funded it in more than one year.
- Revenue FY2025
- $22M
- Funders on record
- 46
- Grants received
- $13M
- Net assets
- $159M
What Michael Reese Health Trust does
Mission
Michael Reese partners with the Chicagoland community to advance and advocate for lasting health solutions. We do this by carrying forward the vision of Michael Reese Hospital's Jewish founders and the generations of philanthropic leadership they inspired.
As stated on its FY2025 Form 990.
Programs
GRANTMAKING Michael Reese accelerates and strengthens proven solutions to improve the health of all Chicagoans. Michael Reese partners with nonprofits across Chicago addressing health challenges. Whether scaling up a promising new model or sustaining a long-term, proven program, Michael Reese is committed to its partners' success.
$8,125,302 spentof which $7,525,123 as grants66% of program spendingINCUBATION Michael Reese takes risks on new and experimental ideas to improve the health of all Chicagoans. Michael Reese partners with Chicago's visionary leaders in the startup phase of launching their innovative solutions. As their partner, Michael Reese shares in the risk of launching a new initiative so they can focus on the work they do best.
$4,263,401 spentof which $2,446,662 as grants34% of program spendingADVOCACY Michael Reese pushes for lasting change by influencing policymakers to improve the health of all Chicagoans. Michael Reese partners with grassroots organizations and coalitions to protect and expand health care access and to address the underlying causes of health inequities. Michael Reese knows system changes are the only way to fully address Chicago's health challenges.
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,388,703.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 2023 to 2024, from $159M to $164M (+3%).
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.
9% of MICHAEL REESE HEALTH TRUST’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 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
Mally Z Rutkoff
Chairman, director
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 18 funders, grant income rose $176k → $1.3M.
7 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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: $4.0M from 4 payers (the payer shares this organization's board, largest The Chicago Community Trust). These are real filings, and they are not money MICHAEL REESE HEALTH TRUST raised.
From the IRS filings of MICHAEL REESE HEALTH TRUST’s funders (the co-funder graph). Top 30 of 46 funders by total. 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
MICHAEL REESE HEALTH TRUST has a broad base — no single funder exceeds 16% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
Largest funder’s share by year: 2018 100% · 2019 97% · 2020 44% · 2021 16% · 2022 26% · 2023 19% — 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.
How long its funders stay
63% of MICHAEL REESE HEALTH TRUST's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
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
73% of MICHAEL REESE HEALTH TRUST's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $374k arriving through sponsors registered in 7 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.
Against its field
MICHAEL REESE HEALTH TRUST runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.
this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025
Organizations like MICHAEL REESE HEALTH TRUST
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
88% of spending goes to programs.
Governance
Public support
48%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 38 related entities
- Albert and Lucille Delighter & Marcella Winston Foundation · exempt
- Bellows Family Foundation · exempt
- Bls Family Foundation · exempt
- Bucksbaum Family Foundation · exempt
- Charles & Audrey Dann Charitable Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MICHAEL REESE HEALTH TRUST: 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 MICHAEL REESE HEALTH TRUST?
- MICHAEL REESE HEALTH TRUST (Illinois) receives grants from 46 organizations whose IRS filings report $12,880,193 to it, the largest being ARIE AND IDA CROWN MEMORIAL ($2,080,000). 24 of them have funded it in more than one year.
- How many funders does MICHAEL REESE HEALTH TRUST have?
- IRS filings report 46 organizations giving $12,880,193 in grants to MICHAEL REESE HEALTH TRUST, 24 of which have funded it in more than one year.
- Who is the largest funder of MICHAEL REESE HEALTH TRUST?
- ARIE AND IDA CROWN MEMORIAL is the largest funder on record, with $2,080,000 in grants. The full list of funders is on this page.
- How can an organization like MICHAEL REESE HEALTH TRUST 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 2022–2025), and the filings of 46 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