Medical Care & Research Foundation
Medical Care & Research Foundation is a private foundation focused on Health, based in Greenwood Village, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $940K in total assets. In 2024, it made $841 in qualifying distributions. Net investment income was $32K.
Medical Care & Research Foundation at a glance
- Total assets
- $940,258
- +3.4% vs 2023
- Revenue (2024)
- $45,452
- +0.5% vs 2023
- Qualifying distributions (2024)
- $841
- -98.9% vs 2023
- Expenses (2024)
- $14,827
- -83.3% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Medical Care & Research Foundation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Medical Care & Research Foundation gives
- In 2024 it paid out 2% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $70K (2022) to $75K (2023). In 2023 it made 1 grant totaling $75K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado School of Medicine -Frank B McGlone Scholarship Fund Aurora, CO | Educational, Medical | $75,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $940,258 | $45,452 | $14,827 | — | — | $841 | $31,613 | $54,360 |
| 2023 | $909,633 | $45,248 | $88,589 | $75,000 | 1 | $75,488 | $32,147 | $51,047 |
| 2022 | $952,974 | $32,895 | $85,435 | $70,000 | 2 | $70,511 | $19,171 | $54,298 |
| 2021 | $1,005,514 | $73,876 | $90,228 | $75,000 | 1 | $75,484 | $59,132 | $61,242 |
| 2020 | $1,021,866 | $43,354 | $13,352 | — | — | — | $30,735 | $51,993 |
Under IRS private-foundation payout rules, Medical Care & Research Foundation reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Medical Care & Research Foundation is led by Robert D. Showalter, Chairman, Secretary & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Robert D. Showalter
Chairman, Secretary & Treasurer
On filings since 2020
No compensation reported
Ray Jenkins
Director
On filings since 2020
No compensation reported
W. Anderson Bishop CPA
Director
On filings since 2020
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 Medical Care & Research Foundation
How large is Medical Care & Research Foundation?
Medical Care & Research Foundation reported $940K in total assets on its 2024 IRS Form 990-PF. It paid out $841 in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Medical Care & Research Foundation?
Medical Care & Research Foundation is a private foundation focused on Health, based in Greenwood Village, CO. It holds $940K in total assets as of 2024.
Where does Medical Care & Research Foundation operate?
Medical Care & Research Foundation has awarded grants in Colorado.
What is Medical Care & Research Foundation's EIN?
Medical Care & Research Foundation's EIN (Employer Identification Number) is 84-0516585. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Medical Care & Research Foundation down — hundreds of funders to go?