Medical Foundation Inc
Provide health care services
Medical Foundation Inc at a glance
- Total assets
- $10,244,791
- +47.1% vs 2023
- Revenue (2024)
- $43,065,859
- +4.0% vs 2023
- Expenses (2024)
- $60,307,172
- +1.7% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Medical Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $494K (2021) to $3.9M (2020). In 2021 it made 2 grants totaling $494K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rush Medical Group of Newton PA Meridian, MS | Affiliate Support | $415,346 |
| Rush Home Care Inc Meridian, MS | Affililate Support | $78,865 |
Ready to take the next step with Medical Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $10,244,791 | $43,065,859 | $60,307,172 | — | — | — |
| 2023 | $6,962,928 | $41,409,964 | $59,309,331 | — | — | — |
| 2022 | $1,447,906 | $33,212,172 | $52,682,965 | — | — | $61,408 |
| 2021 | $80,416,096 | $51,016,013 | $54,507,454 | $494,211 | 2 | $184,423 |
| 2020 | $61,253,202 | $67,409,430 | $66,752,355 | $3,864,547 | 2 | $182,707 |
About Medical Foundation Inc
Based on IRS filings
Medical Foundation Inc is a public charity focused on Health, based in Meridian, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.2M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Medical Foundation Inc's 2024 filing lists 10 officers; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward Smith MD
Former Highest Comp - Physician
Physician → Former Highest Comp - Physician, 2023
On filings since 2020
$812K (2021) → $0 (2024)
Lane Rush MD
Former Highest Comp - Physician
Physician → Former Highest Comp - Physician, 2023
On filings since 2020
$943K (2021) → $0 (2024)
Leslie B. Gray MD
Former Highest Comp - Physician
Physician → Former Highest Comp - Physician, 2023
On filings since 2020
$899K (2021) → $0 (2024)
Urelaine Simon-Hart MD
Former Highest Comp - Physician
Physician → Former Highest Comp - Physician, 2023
On filings since 2021
$736K (2021) → $0 (2024)
Byron Tuckermd
Former Highest Comp - Physician
Physician → Former Highest Comp - Physician, 2023
On filings since 2022
$639K (2022) → $0 (2024)
Frederick Duggan MD
Former Officer
Physician → Former Officer, 2023
On filings since 2022
$394K (2022) → $0 (2024)
David Butler
Officer
CFO → CFO - Ochsner Rush Health, 2022
CFO - Ochsner Rush Health → Officer, 2024
On filings since 2020
1 hr/week
No compensation reported
D. Larkin Kennedy
Officer
CEO - Ochsner Rush Health → Officer, 2024
On filings since 2022
1 hr/week
No compensation reported
J. Allen Tyra
Officer
CEO - Ochsner Rush Medical Center → Officer, 2024
On filings since 2022
1 hr/week
No compensation reported
P. Lance Brent
Board Member
Director - Clinic Operations → Board Member, 2023
On filings since 2022
1 hr/week
No compensation reported
Former officers (19)
- Former: Cathy Robinson (2020–2022) — Board Member
- Former: Charles Alderman (2020–2022) — Board Member
- Former: Darrell Wildman (2020–2022) — Treasurer
- Former: David Malloy MD (2020–2022) — Board Member
- Former: Donnie Smith (2020–2022) — Board Member
- Former: Judy Doorenbos (2020–2022) — Board Member
- Former: J. Richard Barry (2022) — Secretary
- Former: Walt Willis (2022) — Board Member
- Former: Aimee McWilliams (2020–2021) — Compliance Director
- Former: Allen Tyra (2020–2021) — Vice President & COO
- Former: Dawn Reynolds (2020–2021) — Compliance
- Former: Edward L. Carruth MD (2020–2021) — Board Member
- Former: Fred Duggan MD (2020–2021) — CMO
- Former: Lance Brent (2020–2021) — Executive Vice President & COO
- Former: Larkin Kennedy (2020–2021) — President
- Former: Rick Barry (2020–2021) — Secretary
- Former: Joe Ann Ramia (2021) — Board Member
- Former: Stewart A. Wright (2021) — Director Anesthesia
- Former: Byron S. Tucker (2020) — Physician
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.
Compensation Overview
From 2022 IRS filing
The highest reported compensation on the 2022 filing was $642K, to Lane Rush MD (Physician). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Medical Foundation Inc
How large is Medical Foundation Inc?
Medical Foundation Inc reported $10.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $43.1M.
What is Medical Foundation Inc?
Medical Foundation Inc is a public charity focused on Health, based in Meridian, MS. It holds $10.2M in total assets as of 2024.
Where does Medical Foundation Inc operate?
Medical Foundation Inc has awarded grants in Mississippi.
What is Medical Foundation Inc's EIN?
Medical Foundation Inc's EIN (Employer Identification Number) is 64-0834532. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 1, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Medical Foundation Inc funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Medical Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Mississippi
Southwest Initiative Foundation
Hutchinson, MN
The Southwest Initiative Foundation funds community-led projects, nonprofits, local development, and programs supporting youth and families, older adults, welcoming communities, and regional needs in southwest Minnesota and the Upper and Lower Sioux communities. Its 2025 grants ranged from $5,045 to $342,996, with a median of $15,000. It accepts grant ideas on an ongoing basis, though many grants are made through community foundation and designated-fund partners with their own application guidelines.
Assets
$123.4M
Grants
166
Total Given
$4.9M
Ergon Foundation Inc
Jackson, MS
The foundation funds medical research, education, community development, and services for children with communication disorders, with most giving in Mississippi. In 2025, its grants ranged from $2,500 to $615,000, with a median of $25,000. It gives only to preselected charitable organizations and does not accept unsolicited funding requests.
Assets
$210.7M
Grants
158
Total Given
$10.8M
Community Foundation for Mississippi
Jackson, MS
The Community Foundation for Mississippi supports nonprofit and community work, with competitive grants focused on Placemaking, Children and Families, and Community Partnerships, as well as donor-directed giving across varied charitable purposes. Its 2025 grants had a median of $19,500, with itemized awards ranging from $5,500 to $800,000; it primarily serves 22 counties in central and southwest Mississippi. It offers competitive grant programs, but the profile does not state whether it accepts unsolicited requests.
Assets
$90.3M
Grants
104
Total Given
$6.2M
Pinebelt Foundation
Hattiesburg, MS
Pinebelt Foundation supports charitable activities, community programs, and scholarships, with grants spanning varied local needs. In 2025, its grants had a median of $10,000, though amounts varied widely; its primary focus is the Pine Belt of South Mississippi. It accepts applications through GOapply for listed grant programs.
Assets
$61.9M
Grants
133
Total Given
$5.2M
Franks Foundation
Booneville, MS
The foundation’s 2021 grants supported higher-education scholarships in Mississippi, typically ranging from $500 to $2,000. Its 2021 filing is marked as its final return, so grantmaking appears to have ended; that filing described an application process, but it should not be treated as current guidance.
Assets
—
Grants
96
Total Given
$106K
Community Foundation of Northwest Mississippi
Hernando, MS
The Community Foundation of Northwest Mississippi funds nonprofit and public-sector work in education, children’s health, workforce development, food security, and other charitable areas, with competitive programs focused on early childhood, regional development, civic engagement, and education technology. Its 2024 grants ranged from $5,500 to $962,000, with a median of about $13,900, and primarily serve 12 counties in Northwest Mississippi. It accepts applications through its competitive-grant portal; individual grants or loans are not available.
Assets
$48.6M
Grants
99
Total Given
$4.8M
More similar funders
More Funders in Mississippi
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Medical Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Medical Foundation Inc down — hundreds of funders to go?