Skip to content

Illinois · Nonprofit

Northwestern Memorial HealthCare Group

Northwestern Memorial HealthCare Group (Illinois) receives grants from 7 organizations whose IRS filings report $1,039,000 to it, the largest being FUTURE LEADERS OF AMERICA FOUNDATION INC ($600,000). 3 of them have funded it in more than one year.

Revenue FY2024
$10.1B
Funders on record
7
Grants received
$1.0M
Net assets
$10.7B
3/7 repeat funderspeak grant-dependency 0%
01What it does

What Northwestern Memorial HealthCare Group does

Mission

Northwestern memorial healthcare is an integrated healthcare system, consisting of multiple hospitals (including northwestern memorial hospital, an academic medical center) and networks of physicians and healthcare professionals, where the patient comes first. We are an organization of caregivers who aspire to consistently high standards of quality, cost-effectiveness and patient satisfaction. We seek to improve the health of the communities we serve by delivering a broad range of services with sensitivity to the individual needs of our patients and their families. We are bonded in an essential academic and service relationship with feinberg school of medicine of northwestern university. The quality of our services is enhanced through their integration with education and research in an environment that encourages excellence of practice, critical inquiry and learning.

As stated on its FY2024 Form 990.

Program

  1. The nmhc group return reflects the combined information and operations of nineteen tax exempt organizations. This includes nine hospital facilities, three medical groups, one foundation, and various other related entities supporting the healthcare mission of the system. Northwestern memorial hospital (ein: 37-0960170) ("nmh") for more than 150 years, nmh and its predecessor institutions, passavant memorial and wesley memorial hospitals, have served the residents of chicago. The commitment to provide healthcare, regardless of the patients' ability to pay, reaches back to the founding principles of passavant and wesley and continues to be integral to our mission to put patients first. Nmh is an academic medical center (amc) hospital and serves as the primary teaching hospital for the northwestern university feinberg school of medicine ("feinberg"), with 2,565 physicians on the medical staff, the majority of whom have faculty appointments at feinberg. Nmh is among the limited number of hospitals in the united states to be designated as a major teaching hospital by the association of american medical colleges (aamc). According to the aamc, while major teaching hospitals represent only…

    $8,622,926,559 spentof which $38,431,355 as grants$11,028,497,583 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,622,926,559.

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 ($5.1B) Expenses 100 ($4.7B) Net assets 100 ($6.4B)2018 Revenue 109 ($5.5B) Expenses 110 ($5.2B) Net assets 114 ($7.3B)2019 Revenue 128 ($6.5B) Expenses 130 ($6.2B) Net assets 124 ($7.9B)2020 Revenue 131 ($6.6B) Expenses 137 ($6.5B) Net assets 128 ($8.1B)2021 Revenue 153 ($7.7B) Expenses 154 ($7.3B) Net assets 143 ($9.1B)2022 Revenue 166 ($8.4B) Expenses 170 ($8.1B) Net assets 150 ($9.5B)2023 Revenue 180 ($9.1B) Expenses 189 ($8.9B) Net assets 154 ($9.8B)2024 Revenue 198 ($10.1B) Expenses 208 ($9.8B) Net assets 168 ($10.7B)
'17'18'19'20'21'22'23'24
Revenue (198)Expenses (208)Net assets (168)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 2020 to 2021, from $10.9B to $12.2B (+12%).

$10.0B
$10.0B
$11.0B
$10.9B
$12.2B
$12.7B
$13.3B
$14.2B
'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

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 1% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of Northwestern Memorial HealthCare Group’s revenue is contributions — more donation-reliant than the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$345M
’17
$332M
’18
$331M
’19
$167M
’20
$475M
’21
$349M
’22
$209M
’23
$237M
’24
4.7
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $200k → $69k.

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% 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: $35k from one payer (the payer shares this organization's board, largest Chicago Cook Workforce Partnership). These are real filings, and they are not money Northwestern Memorial HealthCare Group raised.

From the IRS filings of Northwestern Memorial HealthCare Group’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

Northwestern Memorial HealthCare Group leans on a few funders — its largest provides 58% of grant income and the top three 81%; half comes from just 1 funder.

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

99% 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 Northwestern Memorial HealthCare Group.

58%
largest funder
81%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2021 100% · 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

89% of Northwestern Memorial HealthCare Group's grant income comes from Illinois funders.

IL
TX

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

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

Funder states come from each funder’s own filing. $100k arriving through sponsors registered in 1 state 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

Northwestern Memorial HealthCare Group holds deeper cash reserves than three-quarters of the 2,075 health nonprofits its size.

Operating margin2% · below the median
Months of reserve4.7mo · top quartile
Revenue growth (annualized)10% · top quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like Northwestern Memorial HealthCare Group

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

78% of spending goes to programs.

Program 78%Management 21%Fundraising 0%

Governance

127
board members
80%
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 13 states

MN
IL
WI
NY
MA
OR
OH
NJ
CA
KY
MD
SC
FL

Part of a family of 12 related entities

  • Illinois Proton Center LLC · disregarded
  • The Midland Surgical Center LLC · disregarded
  • Palos Imaging LLC · disregarded
  • Cadence Ambulatory Surgery Center LLC · disregarded
  • River North Same Day Surgery LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Northwestern Memorial HealthCare Group: 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 Northwestern Memorial HealthCare Group?
Northwestern Memorial HealthCare Group (Illinois) receives grants from 7 organizations whose IRS filings report $1,039,000 to it, the largest being FUTURE LEADERS OF AMERICA FOUNDATION INC ($600,000). 3 of them have funded it in more than one year.
How many funders does Northwestern Memorial HealthCare Group have?
IRS filings report 7 organizations giving $1,039,000 in grants to Northwestern Memorial HealthCare Group, 3 of which have funded it in more than one year.
Who is the largest funder of Northwestern Memorial HealthCare Group?
FUTURE LEADERS OF AMERICA FOUNDATION INC is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
How can an organization like Northwestern Memorial HealthCare Group 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