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
Among its reported 2024 grants, the largest include Allen College ($1,021,744), Allen Memorial Hospital Corporation ($620,988), Blackhawk Grundy Mental Health Center ($285,190).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEN COLLEGE WATERLOO, IA | PROGRAM SUPPORT | $1,021,744 |
| ALLEN MEMORIAL HOSPITAL CORPORATION WATERLOO, IA | PROGRAM SUPPORT | $620,988 |
| BLACKHAWK GRUNDY MENTAL HEALTH CENTER WATERLOO, IA | PROGRAM SUPPORT | $285,190 |
| IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION WEST DES MOINES, IA | PROGRAM SUPPORT | $31,070 |
| UNITYPOINT AT HOME WEST DES MOINES, IA | PROGRAM SUPPORT | $71,095 |
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
Frequently Asked Questions
What is Memorial Foundation of Allen Hospital?
Memorial Foundation of Allen Hospital is a nonprofit organization focused on Health, based in WATERLOO, IA. It holds $27.5M in total assets as of 2024.
How large is Memorial Foundation of Allen Hospital?
As of 2024, Memorial Foundation of Allen Hospital holds $27.5M in total assets with $4.2M in annual revenue. It awarded 5 grants totaling $2.0M in 2024.
Where does Memorial Foundation of Allen Hospital operate?
Memorial Foundation of Allen Hospital has awarded grants in Iowa.
What size grants does Memorial Foundation of Allen Hospital award?
In 2024, Memorial Foundation of Allen Hospital awarded 5 grants totaling $2.0M — an average of about $406K per grant, based on its IRS Form 990 filings.
What is Memorial Foundation of Allen Hospital's EIN?
Memorial Foundation of Allen Hospital's EIN (Employer Identification Number) is 42-1201138. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Memorial Foundation of Allen Hospital's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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