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Illinois · Nonprofit

SwedishAmerican Health Foundation

SwedishAmerican Health Foundation (Illinois) receives grants from 22 organizations whose IRS filings report $1,774,529 to it, the largest being FLORENCE C GREGORY CHARITABLE TR(T) ($1,044,338). 14 of them have funded it in more than one year.

Revenue FY2025
$833k
Funders on record
22
Grants received
$1.8M
Net assets
$22M
14/22 repeat funderspeak grant-dependency 39%
01What it does

What SwedishAmerican Health Foundation does

Mission

To provide financial and in-kind support for the stated missions of SwedishAmerican Hospital System Corporation, UW Health SwedishAmerican Hospital, and the affiliates operating in the State of Illinois.

As stated on its FY2025 Form 990.

Programs

  1. SwedishAmerican Health Foundation (SAHF) supports UW Health SwedishAmerican Hospital, a 501(c)(3) organization in its mission to provide quality medical healthcare to communities in Northern Illinois and Southern Wisconsin regardless of race, creed, sex, national origin, handicap, age or ability to pay. During the current year, SAHF provided funding grants to specialized departments which helped enhance patient care and patient-visitor comfort.In 1918, UW Health SwedishAmerican Hospital opened its doors to patients in response to the city's need for healthcare services. UW Health SwedishAmerican Hospital recently completed a $126 million investment in our community. This major construction, modernization and expansion project will help us continue to provide the outstanding, top-quality healthcare which residents of Rockford and its surrounding communities expect and deserve. We recognize that improving the health of our community means investing in our community.During FY 2025, SwedishAmerican Health Foundation provided a grant of $175,713 toward UW Health SA Hospital departments for patient care and well-being.

    $175,713 spentof which $175,713 as grants
    57% of program spending
  2. During fiscal year 2025, SwedishAmerican Health Foundation provided $133,175 in grants to the chaplaincy program. UW Health SwedishAmerican Hospital's clinically trained staff chaplains compassionately and respectfully assist patients and their families during some of life's most difficult moments. Chaplains round daily, help with advance directives, take part in patient care consults and do much, much more. The Chaplaincy Endowment Fund helps insure there always will be Pastoral Care at UW Health SwedishAmerican by underwriting the cost of providing professional chaplain staff 24 hours a day, seven days a week.

    $133,175 spentof which $133,175 as grants
    43% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $308,888.

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.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($3.1M) Net assets 100 ($19M)2018 Revenue 489 ($5.7M) Expenses 113 ($3.5M) Net assets 102 ($20M)2019 Revenue 180 ($2.1M) Expenses 66 ($2.0M) Net assets 106 ($20M)2020 Revenue 104 ($1.2M) Expenses 76 ($2.3M) Net assets 99 ($19M)2021 Revenue 132 ($1.5M) Expenses 86 ($2.6M) Net assets 108 ($21M)2022 Revenue 146 ($1.7M) Expenses 38 ($1.2M) Net assets 95 ($18M)2023 Revenue 53 ($616k) Expenses 25 ($762k) Net assets 99 ($19M)2024 Revenue 100 ($1.2M) Expenses 28 ($869k) Net assets 107 ($21M)2025 Revenue 72 ($833k) Expenses 28 ($855k) Net assets 116 ($22M)
'17'18'19'20'21'22'23'24'25
Revenue (72)Expenses (28)Net assets (116)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $23M to $18M (−18%).

$23M
$26M
$24M
$20M
$23M
$18M
$20M
$21M
$23M
'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

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$1.9M
’17
$2.2M
’18
$55k
’19
−$1.1M
’20
−$1.1M
’21
$533k
’22
−$146k
’23
$283k
’24
−$21k
’25
0.0
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

Michael Broski

Class IV Director and Board Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed292728253233293523
Joined·+1+2+1+9+5+2+12+1
No longer listed·314246613
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $60k → $239k.

6 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 16% 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 SwedishAmerican Health Foundation’s funders (the co-funder graph). Top 21 of 22 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

SwedishAmerican Health Foundation leans on a few funders — its largest provides 59% of grant income and the top three 75%; half comes from just 1 funder.

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

59%
largest funder
75%
top three
~3
effective funders

Largest funder’s share by year: 2017 57% · 2018 42% · 2019 57% · 2020 59% · 2021 67% · 2022 75% · 2023 51% — 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

57% of SwedishAmerican Health Foundation's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

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

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

97% of SwedishAmerican Health Foundation's grant income comes from Illinois funders.

IL
WI
NY
MA
KS
FL

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

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

Funder states come from each funder’s own filing. $284k arriving through sponsors registered in 6 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

Organizations like SwedishAmerican Health Foundation

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

36% of spending goes to programs.

Program 36%Management 4%Fundraising 60%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

45%

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

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 26 related entities

  • Generations Fertility Care · exempt
  • Isthmus Project Inc · exempt
  • Madison Surgery Center · exempt
  • Regional Division Inc · exempt
  • SwedishAmerican Health System Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SwedishAmerican Health Foundation: 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.

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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 SwedishAmerican Health Foundation?
SwedishAmerican Health Foundation (Illinois) receives grants from 22 organizations whose IRS filings report $1,774,529 to it, the largest being FLORENCE C GREGORY CHARITABLE TR(T) ($1,044,338). 14 of them have funded it in more than one year.
How many funders does SwedishAmerican Health Foundation have?
IRS filings report 22 organizations giving $1,774,529 in grants to SwedishAmerican Health Foundation, 14 of which have funded it in more than one year.
Who is the largest funder of SwedishAmerican Health Foundation?
FLORENCE C GREGORY CHARITABLE TR(T) is the largest funder on record, with $1,044,338 in grants. The full list of funders is on this page.
How can an organization like SwedishAmerican Health Foundation 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 22 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