ALLEN FOUNDATION STRENGTHENS THE PROGRAMS, SERVICES AND COMMUNITY RELATIONSHIPS OF ALLEN HEALTH SYSTEM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.5M
+10.6% YoY
Annual Giving
$2.0M
-53.0% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$406K
-43.7% YoY
About Memorial Foundation of Allen Hospital
Based on IRS filings
Memorial Foundation of Allen Hospital is a nonprofit organization focused on Health, based in WATERLOO, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.5M in total assets. In 2024, it awarded 5 grants totaling $2.0M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,533,857 | $24,886,216 | $23,364,359 |
| Revenue | $4,234,817 | $4,942,380 | $5,297,366 |
| Expenses | $3,082,171 | $5,318,877 | $3,645,496 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,176,718 | $721,395 | $991,761 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE ARMBRECHT | BOARD MEMBER | 1 | — |
| BRIAN ARONSON | BOARD CHAIR | 1 | — |
| DEB CAUGHRON | BOARD VICE CHAIR | 1 | — |
| NICKOLE DILLARD | BOARD MEMBER | 1 | — |
| JENNIFER FRIEDLY | BOARD MEMBER/MARKET PRESIDENT | 1 | — |
| NICHOLAS HILDEBRANDT | BOARD MEMBER | 1 | — |
| BOB JUSTIS | BOARD SECRETARY | 1 | — |
| LUKE LESYSHEN | BOARD MEMBER | 1 | — |
| HELEN MELICHER | BOARD MEMBER | 1 | — |
| RICHARD MORRIS | BOARD MEMBER | 1 | — |
| PRADEEP RAMESH | BOARD MEMBER | 1 | — |
| JULIE RITLAND | BOARD MEMBER | 1 | — |
| ROBERT YUSKA | BOARD MEMBER | 1 | — |
| ZACHARY FRENCH | MARKET VP FINANCE | 1 | — |
| MIKE LIND | EXECUTIVE DIRECTOR | 40 | — |
| PAMELA DELAGARDELLE TO 823 | FORMER PRESIDENT/CEO | — | — |
| STEVEN PALMERSHEIM TO 1221 | FORMER VP FINANCE/CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Grants
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Total Given
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Assets
—
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Barbara Jean Couturier Charitable T
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Assets
—
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Total Given
—
The Joseph Andres Family Foundation
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Assets
—
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Total Given
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Lohse Family Foundation
BONDURANT, IA
Assets
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Total Given
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Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
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Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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