Memorial Foundation Inc
MEMORIAL FOUNDATION,INC. IS COMMITTED TO BUILDING HEALTHY, VIBRANT COMMUNITIES IN PROTESTANT MEMORIAL MEDICAL CENTER, INC.'S, DBA MEMORIAL HOSPITAL, SERVICE AREA NOW AND FOR GENERATIONS TO COME.
Key facts about Memorial Foundation Inc
- EIN
- 37-1186034
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,170,448
- Grants made (2024)
- 1
- Average grant
- $3,170,448
- Median grant
- $3,170,448
- Total assets
- $138,707,756
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Memorial Foundation Inc gives
- Giving fell 78% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Memorial Foundation Inc
- How to evaluate Memorial Foundation Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$138.7M
+8.0% YoY
Annual Giving
$3.2M
+26.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.2M
+26.4% YoY
About Memorial Foundation Inc
Based on IRS filings
Memorial Foundation Inc is a nonprofit organization, based in Belleville, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $138.7M in total assets. In 2024, it awarded 1 grant totaling $3.2M. Net investment income was $14.9M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $138,707,756 | $128,478,111 | $119,936,551 |
| Revenue | $15,096,633 | $5,106,261 | $570,990 |
| Expenses | $3,615,630 | $3,083,897 | $2,865,608 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $14,905,991 | $4,894,014 | $318,438 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Protestant Memorial Medical Center Inc ($3,170,448).
| Recipient | Purpose | Amount |
|---|---|---|
| PROTESTANT MEMORIAL MEDICAL CENTER INC Belleville, IL | TO SUPPORT THE OPERATIONAL AND CAPITAL NEEDS OF THE HOSPITAL AND THE COMMUNITY SERVICE AREA | $3,170,448 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| McManus Michael | President, Director Term 4/24 | 1 | — |
| Graves Deborah | President, Director Beg 3/24 | 1 | — |
| Olroyd Rebecca | Director | 1 | — |
| Boyer Geri | Director | 1 | — |
| Ford Tyrone | Director | 1 | — |
| Harris Alan | Director | 1 | — |
| Hoering Edward | Director | 1 | — |
| Lowery Christopher | Director | 1 | — |
| Mueller Robert | Director | 1 | — |
| Reuter Garrett | Director | 1 | — |
| Schifferdecker Peggy | Director | 1 | — |
| Vanhook Eric | Director | 1 | — |
| Wiley Gerald | Director | 1 | — |
| Weld Martha | 1ST Vice Chairman | 1 | — |
| Guthrie Gary | Chairman | 1 | — |
| Koesterer Susan | Secretary | 1 | — |
Frequently Asked Questions
How large is Memorial Foundation Inc?
As of 2024, Memorial Foundation Inc holds $138.7M in total assets with $15.1M in annual revenue. It awarded 1 grant totaling $3.2M in 2024.
Where does Memorial Foundation Inc operate?
Memorial Foundation Inc has awarded grants in Illinois, Missouri.
What size grants does Memorial Foundation Inc award?
In 2024, Memorial Foundation Inc awarded 1 grant totaling $3.2M — an average of about $3.2M per grant, based on its IRS Form 990 filings.
What is Memorial Foundation Inc's EIN?
Memorial Foundation Inc's EIN (Employer Identification Number) is 37-1186034. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.