Medical Educational and Development Foundation

Public charity · Grantmaker Coldwater, OH EIN: 34-1631553

To support maintenance and improvement of facilities operated by Mercer county joint township community hospital and to advance improvement of health of citizens of Mercer county through health education services including providing scholarships for individuals pursuing a career in health professions.

Key facts about Medical Educational and Development Foundation

In short: Medical Educational and Development Foundation gave $11.0M across 2 grants in 2025 (avg $5.5M), mostly in Ohio. Source: 2025 IRS Form 990.

EIN
34-1631553
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$11,008,249
Grants made (2025)
2
Average grant
$5,504,125
Median grant
$5,504,125
Total assets
$2,370,570
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

$2.4M

+96.3% YoY

Annual Giving

$11.0M

-5.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$5.5M

-5.7% YoY

How Medical Educational and Development Foundation gives

  • Giving grew 76% from 2022 to 2025. Method

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

About Medical Educational and Development Foundation

Based on IRS filings

Medical Educational and Development Foundation is a public charity, based in Coldwater, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 2 grants totaling $11.0M. Net investment income was $75K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

Coldwater

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M2 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $4.1M (2019) to $12.3M (2023). In 2025 it made 2 grants totaling $11.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Medf Physicians Corp: $10.9MMedf Physicians Corp$10.9MMercer Co JT TWP Comm Hosp: $71KMercer Co JT TWP Comm Hosp$71K

The largest 2025 recipient was Medf Physicians Corp ($10.9M). Together the top 2 received $11.0M.

Grant Size Distribution

10 grants across all recorded years

2<$50K1$50–100K1$100–250K1$250–500K$500K–1M1$1–5M4$5M+

The most common grant size was $5M or more: 4 grants of 10 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Medf Physicians Corp Coldwater, OHProvide Healthcare$10,936,822
Mercer Co JT TWP Comm Hosp Coldwater, OHProvide Healthcare$71,427

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$2,370,570$1,207,540$380,615
Revenue$12,193,404$12,537,787$12,356,480
Expenses$11,030,374$11,723,270$12,396,588
Net Investment Income$74,589$29,381$-1,432

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS April 15, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS April 15, 2025)
  3. Updated Form 990 for fiscal year 2025 (received by the IRS April 15, 2026)
  4. Updated Form 990 for fiscal year 2019 (received by the IRS January 17, 2020)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS March 23, 2021)
  6. Updated Form 990 for fiscal year 2021 (received by the IRS September 22, 2021)
  7. Updated Form 990 for fiscal year 2022 (received by the IRS August 19, 2022)

Leadership & Key People

Officers and directors from IRS filings

Medical Educational and Development Foundation is led by Lisa Klenke, Trustee & CEO on the 2025 filing; none of the 18 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lisa Klenke

    Trustee & CEO

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • John Yoder

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Bonnie Knapschaefer

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Carl Pohl

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Cody Muhlenkamp

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Mary Lou Wenning

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Rod Stover

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Rhangaraj Amaran MD

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Vj Westerheide

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Deb Hemmelgarn

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Kerri Lauber

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Pam Hicks

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Phil Moeller

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Bob Nuding

    Trustee

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Shannon Parton

    Trustee

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Doug Klosterman

    Treasurer

    Trustee → Treasurer, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Ellen Homan

    Vice President

    Trustee → Vice President, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Emily Gast-Schlater

    Secretary

    Trustee → Secretary, 2023

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (8)
  • Former: John Hoying (2019–2024) — Trustee
  • Former: Steve Lefeld (2022–2023) — Trustee
  • Former: Kristen Wynk (2019–2022) — Secretary
  • Former: Betty Strawn (2019–2021) — Trustee
  • Former: Bob Beer (2019–2021) — Trustee
  • Former: JoAnn Hartings (2019–2020) — Trustee
  • Former: Melissa Smalley (2019–2020) — Secretary
  • Former: T Amaran MD (2019) — Trustee

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 Medical Educational and Development Foundation

How much does Medical Educational and Development Foundation give each year?

Medical Educational and Development Foundation gave $11.0M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $11.7M across 2 grants.

How large is Medical Educational and Development Foundation?

Medical Educational and Development Foundation reported $2.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $12.2M.

Where does Medical Educational and Development Foundation operate?

Medical Educational and Development Foundation has awarded grants in Ohio.

What is Medical Educational and Development Foundation's EIN?

Medical Educational and Development Foundation's EIN (Employer Identification Number) is 34-1631553. 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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