Washington · Nonprofit
MULTICARE FOUNDATIONS
MULTICARE FOUNDATIONS (Washington) receives grants from 105 organizations whose IRS filings report $58,112,367 to it, the largest being MULTICARE HEALTH SYSTEM ($26,952,960). 57 of them have funded it in more than one year.
- Revenue FY2024
- $18M
- Funders on record
- 105
- Grants received
- $58M
- Net assets
- $90M
What Multicare Foundations does
Mission
Partnering for healing and a healthy future through philanthropy.
As stated on its FY2024 Form 990.
Programs
Multicare foudations focuses on providing support to multicare health system, a related healthcare tax-exempt organization, through its' regional divisions, multicare good samaritan, multicare behavioral health, multicare inland northwest, multicare south king and multicare health foundation, and acts like a vehicle for the community members to give back to the health care causes that are close to their hearts. In 2023 Multicare Foundations granted $1,752,896 to programs at multicare health system. The support consisted of $402,200 for the good samaritan's ob addiction unit, $366,806 for the multicare oncology program, $357,986 towards caregive support and $290,686 for helping hands, and the remainder for family assistance and charity. -see schedule o-helping hands pays for items the patient urgently needs but cannot afford such as prescriptions, medical equipment or transportation home.
$1,752,896 spentof which $1,752,896 as grants36% of program spendingIn 2023 Multicare Foundations provided $1,372,025 in funding for the aquisition of new technology and medical equipment at multicare health system hospitals and clinics. Specifically the folowing received the support: multicare tacoma general- allenmore, good samaritan hospital, multicare auburn and convington medical centers, multicare capital medical center in olympia, multicare deaconess and valley hospitals in eastern wa, multicare urgent care and indigo clinics throughout the wa state. Medical equipment is funded by both capital and operating funds. There are times when foundation approves to finance the purchase of medical equipment based on need. Medical equipment is key to providing services to our communities with the latest technology -see sch o- and tools available. As the useful lives of the medical equipment at some point end, there are needs to replace them and improve the current standards of care. From ventilators and fluorescence imaging (see schedule o) technology to infant beds/warmers and equipment for a sensory playroom; all go to the care of patients in our various facilities.
$1,372,025 spentof which $1,372,025 as grants28% of program spendingMulticare Foundations provided $909,918 in funding for multicare health system's healthcare neonatal intensive care at multicare deaconess, multicare valley and tacoma general hospitals.
$909,918 spentof which $909,918 as grants19% of program spendingMulticare Foundations provided $790,122 in funding for other programs including but not limited to, behavioral division at multicare- navos and greater lakes, children's therapy unit, hospice, breast program, research institute, and other miscellaneous programs at multicare health system's hospitals and clinics in puget sound and eastern wa.
$790,122 spentof which $790,122 as grants16% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $4,824,961.
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. 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 $74M to $92M (+24%).
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.
Government-grant reliance: 2018 0% · 2020 22% · 2021 23% · 2022 15% · 2023 5% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
53% of MULTICARE FOUNDATIONS’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 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.
Who funds it, year by year
2017 → 2023: the base broadened from 16 funders to 35 funders, grant income rose $2.7M → $6.2M.
21 of 105 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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 MULTICARE FOUNDATIONS’s funders (the co-funder graph). Top 30 of 105 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
MULTICARE FOUNDATIONS leans on a few funders — its largest provides 46% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
59% 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 MULTICARE FOUNDATIONS.
Largest funder’s share by year: 2017 74% · 2018 73% · 2019 59% · 2020 73% · 2021 61% · 2022 77% · 2023 55% — 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
40% of MULTICARE FOUNDATIONS's funders are still giving 3 years after their first grant; 54% 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
93% of MULTICARE FOUNDATIONS's grant income comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.0M arriving through sponsors registered in 15 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
MULTICARE FOUNDATIONS runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Organizations like MULTICARE FOUNDATIONS
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
52% of spending goes to programs.
Governance
Public support
50%
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 19 related entities
- Multicare Health System · exempt
- Mary Bridge Children's Foundation · exempt
- Chvi Professional Corporation · exempt
- Navos · exempt
- Multicare Rehabilitation Specialists Ps · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MULTICARE FOUNDATIONS: 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 MULTICARE FOUNDATIONS?
- MULTICARE FOUNDATIONS (Washington) receives grants from 105 organizations whose IRS filings report $58,112,367 to it, the largest being MULTICARE HEALTH SYSTEM ($26,952,960). 57 of them have funded it in more than one year.
- How many funders does MULTICARE FOUNDATIONS have?
- IRS filings report 105 organizations giving $58,112,367 in grants to MULTICARE FOUNDATIONS, 57 of which have funded it in more than one year.
- Who is the largest funder of MULTICARE FOUNDATIONS?
- MULTICARE HEALTH SYSTEM is the largest funder on record, with $26,952,960 in grants. The full list of funders is on this page.
- How can an organization like MULTICARE FOUNDATIONS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 2018–2024), and the filings of 105 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