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Bethesda Foundation Inc

Public charity · Grantmaker Cincinnati, OH EIN: 23-7374129 Website

Key facts about Bethesda Foundation Inc

In short: Bethesda Foundation Inc gave $6.7M across 7 grants in 2025 (avg $958K), mostly in Ohio. Source: 2025 IRS Form 990.

EIN
23-7374129
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$6,702,729
Grants made (2025)
7
Average grant
$957,533
Median grant
$65,128
Total assets
$191,227,019
Primary geography
Ohio (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$191.2M

+5.2% YoY

Annual Giving

$6.7M

+9.4% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$958K

+9.4% YoY

How Bethesda Foundation Inc gives

  • Giving grew 105% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Bethesda Foundation Inc

Based on IRS filings

Bethesda Foundation Inc is a public charity focused on Health, based in Cincinnati, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $191.2M in total assets. In 2025, it awarded 7 grants totaling $6.7M. Net investment income was $14.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 7 itemized 2025 grant dollars.

Cities

CincinnatiAustinBostonWest Chester

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M11 grants20196 grants20204 grants20214 grants20224 grants20237 grants20247 grants2025

From 2019 to 2025, annual grant giving ranged from $2.2M (2019) to $22.2M (2023). In 2025 it made 7 grants totaling $6.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Bethesda Hospital Inc: $5.9MBethesda Hospital Inc$5.9MBethesda Healthcare Inc: $384KBethesda Healthcare Inc$384KGood Samaritan Hospital of Cincinnati Ohio: $274KGood Samaritan Hospital ofCincinnati Ohio$274KTrihealth Physician Institute: $65KTrihealth Physician Institute$65KTrihealth Inc: $57KTrihealth Inc$57KUniversity of Cincinnati Foundation: $32KUniversity of CincinnatiFoundation$32KFrom Fatherless to Fearless: $25KFrom Fatherless to Fearless$25K

The largest 2025 recipient was Bethesda Hospital Inc ($5.9M). Together the top 7 received $6.7M.

Grant Size Distribution

26 grants across all recorded years

8<$50K4$50–100K$100–250K7$250–500K$500K–1M3$1–5M4$5M+

The most common grant size was under $50K: 8 grants of 26 (31%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bethesda Hospital Inc Cincinnati, OHGeneral Operating and Capital Support$5,866,176
Bethesda Healthcare Inc Cincinnati, OHSchool-Based Behavioral Health Grant Payment & Other Grants$383,605
Good Samaritan Hospital of Cincinnati Ohio Cincinnati, OHFunding for School-to-Work Apprenticeship Program$273,983
Trihealth Physician Institute Cincinnati, OHGeneral Operating Support$65,128
Trihealth Inc Cincinnati, OHFall Prevention Grant Payment$56,917
University of Cincinnati Foundation Cincinnati, OHHealth Improvement Grant Payment$31,920
From Fatherless to Fearless West Chester, OHGeneral Operating Support$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2019202020212022202320242025
Metric202520242023
Total Assets$191,227,019$181,758,582$153,306,378
Revenue$17,103,008$35,556,922$3,332,917
Expenses$10,104,273$8,807,419$25,223,548
Net Investment Income$14,691,862$16,527,698$756,684

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  2. Added Form 990 for fiscal year 2019 (received by the IRS May 15, 2020)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Bethesda Foundation Inc is led by Andrew Swallow, President & CEO on every filing since 2019; none of the 25 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Andrew Swallow

    President & CEO

    On filings since 2019

    60 hrs/week

    No compensation reported

  • Kathy Grigg

    Chairperson

    Trustee → Vice Chair, 2022

    Vice Chair → Chairperson, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Edward Crane MD

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Prout

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Laura Kumler

    Director of Development

    On filings since 2019

    60 hrs/week

    No compensation reported

  • Loren Hiratzka MD

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mark Clement

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael Shehata MD

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Hector Medina

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jill Miller

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marilyn Duke

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Tracey Stofa

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kathryn O'Keefe MD

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ashwin Ramprasad

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Julietta Schuster

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Stacey Meyer

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Asimul Ansari MD

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • George Zamary

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jeremy Smith

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Stephanie Stanfill

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Gaurang Gandhi MD

    Vice Chairperson

    Trustee → Vice Chairperson, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Mitchell

    Secretary

    Chairperson → Trustee, 2024

    Trustee → Secretary, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Spencer Cropper

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Beth Sims

    Philanthropy Officer

    Senior Development Officer → Philanthropy Officer, 2025

    On filings since 2023

    60 hrs/week

    No compensation reported

  • Rick Wilson

    Specialty Foundation Officer

    New on the 2025 filing

    60 hrs/week

    No compensation reported

Former officers (18)
  • Former: Bill Graf (2019–2024) — Secretary
  • Former: Craig Eisentrout MD (2019–2024) — Trustee
  • Former: Edmund Jones MD (2019–2024) — Trustee
  • Former: Grant Hesser (2019–2024) — Trustee
  • Former: Rachid Abdallah (2019–2024) — Trustee
  • Former: Marie Drew (2023–2024) — Trustee
  • Former: Arthur Roberts (2019–2023) — Trustee
  • Former: Christopher Calabro (2019–2023) — Trustee
  • Former: Myrtis Powell (2019–2023) — Trustee
  • Former: Kim Robertson (2020–2023) — Trustee
  • Former: Mellissa Gayer (2022–2023) — Senior Annual Giving Officer
  • Former: Marilyn Maag (2023) — Trustee
  • Former: Luann Scherer RN (2019–2022) — Trustee
  • Former: Jay Beech (2019–2021) — Trustee
  • Former: Susan Weinberg MD (2019–2020) — Trustee
  • Former: Pam Baird (2019) — Trustee
  • Former: Rance Duke (2019) — Treasurer
  • Former: Tad Lawrence III (2019) — Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Bethesda Foundation Inc

How much does Bethesda Foundation Inc give each year?

Bethesda Foundation Inc gave $6.7M across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.1M across 7 grants.

What is Bethesda Foundation Inc's typical grant size?

Bethesda Foundation Inc's median grant in 2025 was $65,128, and its average grant was $957,533, across 7 grants on its 2025 IRS Form 990.

Where does Bethesda Foundation Inc give grants?

Bethesda Foundation Inc gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Cincinnati, OH (6 grants).

Does Bethesda Foundation Inc give general operating support?

Yes: 43% of Bethesda Foundation Inc's 2025 grants with a stated purpose (3 of 7) were for general or operating support, per its 2025 IRS Form 990.

Who are Bethesda Foundation Inc's largest grantees?

Bethesda Foundation Inc's largest 2025 grantees include Bethesda Hospital Inc ($5,866,176), Bethesda Healthcare Inc ($383,605) and Good Samaritan Hospital of Cincinnati Ohio ($273,983), according to its 2025 IRS Form 990. Together they received 97% of its itemized 2025 grant dollars.

How large is Bethesda Foundation Inc?

Bethesda Foundation Inc reported $191.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $17.1M.

What is Bethesda Foundation Inc?

Bethesda Foundation Inc is a public charity focused on Health, based in Cincinnati, OH. It holds $191.2M in total assets as of 2025.

What is Bethesda Foundation Inc's EIN?

Bethesda Foundation Inc's EIN (Employer Identification Number) is 23-7374129. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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