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Florida · Nonprofit

SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC

SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC (Florida) receives grants from 142 organizations whose IRS filings report $53,390,149 to it, the largest being Brian and Sheila Jellison Family Foundation ($20,444,885). 92 of them have funded it in more than one year.

Revenue FY2025
$36M
Funders on record
142
Grants received
$53M
Net assets
$185M
92/142 repeat funderspeak grant-dependency 64%
01What it does

What Sarasota Memorial Healthcare Foundation Inc does

Mission

Sarasota memorial healthcare foundation is the philanthropic partner that helps sarasota memorial health care system bring world-class care to our community.

As stated on its FY2025 Form 990.

Programs

  1. Grants to sarasota county public hospital board, sarasota memorial hospital and other not-for-profit healthcare organizations in sarasota county for research, patient care and other needs with programs that will improve efficiency, effectiveness, patient safety, availability and advocacy of healthcare in an environment of well being for over 2m inpatient and outpatient/physician visits per year. The only hospital in florida to receive the highest 5-star quality rating from the centers for medicare and medicaid in all reporting periods since the program began in 2016.

    $7,612,324 spentof which $7,612,324 as grants
    53% of program spending
  2. Grants to sarasota county public hospital board, sarasota memorial hospital for facilities, and equipment that will provide the most advanced, state-of-the -art treatments and the highest quality of care and comfort. Named one of the world's best hospitals 2019-2025 by newsweek magazine. Named a top hospital nationwide in money magazine's the best hospitals of 2025. Ranked among the 50 best hospitals in the nation in obstetrics/gynecology and high performing in 21 other specialties, and procedures and conditions in u.s. News' best hospitals report for 2025/2026. Ranked among the "best maternity care hospitals."

    $4,726,143 spentof which $4,726,143 as grants
    33% of program spending
  3. Grants to sarasota county public hospital board, sarasota memorial hospital for professional and community education programs representing continuing medical and professional education, professional certification and ongoing educational programs for over 10,700+ employees. Sarasota memorial hospital is one of just 1% of u.s. Hospitals to earn magnet nursing recognition-the highest honor for nursing excellence-five times.

    $1,977,235 spentof which $1,977,235 as grants
    14% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,315,702.

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 ($4.9M) Expenses 100 ($4.6M) Net assets 100 ($36M)2018 Revenue 257 ($13M) Expenses 183 ($8.4M) Net assets 112 ($40M)2019 Revenue 334 ($16M) Expenses 181 ($8.3M) Net assets 134 ($48M)2020 Revenue 970 ($47M) Expenses 195 ($8.9M) Net assets 226 ($81M)2021 Revenue 536 ($26M) Expenses 254 ($12M) Net assets 279 ($100M)2022 Revenue 938 ($46M) Expenses 470 ($22M) Net assets 325 ($117M)2023 Revenue 376 ($18M) Expenses 205 ($9.4M) Net assets 358 ($128M)2024 Revenue 725 ($35M) Expenses 286 ($13M) Net assets 443 ($159M)2025 Revenue 737 ($36M) Expenses 410 ($19M) Net assets 517 ($185M)
'17'18'19'20'21'22'23'24'25
Revenue (737)Expenses (410)Net assets (517)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 2019 to 2020, from $57M to $91M (+61%).

$43M
$50M
$57M
$91M
$111M
$131M
$139M
$168M
$187M
'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

73% of SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,745 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.

$301k
’17
$4.1M
’18
$8.0M
’19
$38M
’20
$15M
’21
$24M
’22
$9.0M
’23
$22M
’24
$17M
’25
5.0
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.

Board chair

Robert Lee Wood

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed212931273126282629
Joined·+10+4+5+7+2+3+1+5
No longer listed·22937132
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 18 funders to 66 funders, grant income rose $668k → $12M.

19 of 142 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% 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: $15M from 10 payers (the payer shares this organization's board, largest Gulf Coast Community Foundation Inc). These are real filings, and they are not money SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC raised.

From the IRS filings of SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 142 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

SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC has a broad base — no single funder exceeds 38% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

38%
largest funder
55%
top three
~6
effective funders

Largest funder’s share by year: 2017 60% · 2018 41% · 2019 24% · 2020 22% · 2021 70% · 2022 20% · 2023 45% — 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

53% of SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

90% of SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC's grant income comes from Florida funders.

VT
MN
IL
WI
MI
NY
NV
IN
OH
PA
NJ
CT
RI
CA
MO
MD
DE
AZ
TN
SC
DC
OK
GA
TX
FL

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

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $12M arriving through sponsors registered in 12 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

SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.

Operating margin48% · top quartile
Months of reserve5.0mo · top quartile
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025

Organizations like SARASOTA MEMORIAL HEALTHCARE 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 Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 11%Fundraising 13%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

61%

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

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for SARASOTA MEMORIAL HEALTHCARE 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.

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 SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC?
SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC (Florida) receives grants from 142 organizations whose IRS filings report $53,390,149 to it, the largest being Brian and Sheila Jellison Family Foundation ($20,444,885). 92 of them have funded it in more than one year.
How many funders does SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC have?
IRS filings report 142 organizations giving $53,390,149 in grants to SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC, 92 of which have funded it in more than one year.
Who is the largest funder of SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC?
Brian and Sheila Jellison Family Foundation is the largest funder on record, with $20,444,885 in grants. The full list of funders is on this page.
How can an organization like SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 142 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