Franciscan Health Foundation Inc

Public charity · Grantmaker Mishawaka, IN EIN: 35-1955283

Franciscan Health Foundation, inc. (the foundation) raises, invests, and disburses contributions to support the programs and services of franciscan alliance, inc. The overarching purpose is to continue the healing ministry of christ in accordance with the teachings of the roman catholic church and in partnership with others to provide a full continuum of health care services; the foundation is dedicated to addressing the ever-growing healthcare needs of our patients and to supporting all franciscan alliance, inc.'s health centers in their commitment to building healthier communities. The funds raised and disbursed by the foundation support the needs of patients without the resources to attain care without regards to age, sex, religion or national origin; increase patient access to medical technology; furthers scientific and medical education opportunities in order to improve care; and promotes wellness within the communities we serve.

Key facts about Franciscan Health Foundation Inc

In short: Franciscan Health Foundation Inc gave $10.5M across 4 grants in 2024 (avg $2.6M), mostly in Indiana. Source: 2024 IRS Form 990.

EIN
35-1955283
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$10,520,119
Grants made (2024)
4
Average grant
$2,630,030
Median grant
$110,232
Total assets
$81,035,493
Primary geography
Indiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$81.0M

+19.7% YoY

Annual Giving

$10.5M

+56.9% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$2.6M

+56.9% YoY

How Franciscan Health Foundation Inc gives

  • Giving grew 94% from 2021 to 2024. Method

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

About Franciscan Health Foundation Inc

Based on IRS filings

Franciscan Health Foundation Inc is a public charity, based in Mishawaka, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81.0M in total assets. In 2024, it awarded 4 grants totaling $10.5M. Net investment income was $3.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

MishawakaRensselaerIndianapolisIndanapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M2 grants2020 4 grants2021 4 grants2022 4 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $5.4M (2021) to $10.5M (2024). In 2024 it made 4 grants totaling $10.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Franciscan Alliance Inc: $10.3MFranciscan Alliance Inc$10.3MSisters of St Francis Perpetual Adoration: $136KSisters of St FrancisPerpetual Adoration$136KFranciscan Health Rensselaer Inc: $85KFranciscan Health RensselaerInc$85KFranciscan VNS Home Care Inc: $25KFranciscan VNS Home Care Inc$25K

The largest 2024 recipient was Franciscan Alliance Inc ($10.3M). Together the top 4 received $10.5M.

Grant Size Distribution

18 grants across all recorded years

3<$50K2$50–100K7$100–250K1$250–500K$500K–1M$1–5M5$5M+

The most common grant size was in the $100–250K range: 7 grants of 18 (39%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Franciscan Alliance Inc Mishawaka, INVarious Programs$10,274,228
Sisters of St Francis Perpetual Adoration Mishawaka, INVarious Programs$135,723
Franciscan Health Rensselaer Inc Rensselaer, INVarious Programs$84,741
Franciscan VNS Home Care Inc Indianapolis, INVarious Programs$25,427

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$81,035,493$67,692,128$50,818,852
Revenue$11,097,847$7,125,464$8,459,131
Expenses$14,862,925$10,971,786$10,413,809
Net Investment Income$3,091,194$1,269,061$716,906

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Franciscan Health Foundation Inc is led by Kevin D. Leahy, President & Trustee on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kevin D. Leahy

    President & Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sister Jane Marie Klein

    Chair & Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sister Lethia Marie Leveille

    Secretary & Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sister M. Ann Kathleen Magiera

    Treasurer & Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Sister M. Madonna Rougeau

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Franciscan Health Foundation Inc

How much does Franciscan Health Foundation Inc give each year?

Franciscan Health Foundation Inc gave $10.5M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.7M across 4 grants.

What is Franciscan Health Foundation Inc's typical grant size?

Franciscan Health Foundation Inc's median grant in 2024 was $110,232, and its average grant was $2,630,030, across 4 grants on its 2024 IRS Form 990.

Where does Franciscan Health Foundation Inc give grants?

Franciscan Health Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Mishawaka, IN (2 grants).

Does Franciscan Health Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Franciscan Health Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Various Programs" (4 grants).

How large is Franciscan Health Foundation Inc?

Franciscan Health Foundation Inc reported $81.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.1M.

What is Franciscan Health Foundation Inc's EIN?

Franciscan Health Foundation Inc's EIN (Employer Identification Number) is 35-1955283. IRS Form 990 filing data is available on this page for 2020–2024.

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

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