Memorial Health Care System Foundation
MEMORIAL HEALTH CARE SYSTEM FOUNDATION INC'S SOLE PURPOSE IS TO RAISE FUNDS AND AWARENESS FOR MEMORIAL HEALTH CARE SYSTEM ("MHCS"). FUNDS RAISED ALLOW MHCS TO EXTEND ITS MISSION FURTHER INTO THE COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.8M
+43.4% YoY
Annual Giving
$3.7M
+165.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.7M
+165.1% YoY
About Memorial Health Care System Foundation
Based on IRS filings
Memorial Health Care System Foundation is a nonprofit organization, based in CHATTANOOGA, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $21.8M in total assets. In 2024, it awarded 1 grants totaling $3.7M. Net investment income was $137K.
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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 | $21,814,685 | $15,214,120 | $11,865,758 |
| Revenue | $10,984,674 | $5,539,421 | $6,317,578 |
| Expenses | $5,238,291 | $3,858,442 | $3,575,359 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $137,458 | $75,987 | $249,087 |
| 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 1 recipients in 2024
Grant Size Distribution
4 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 |
|---|---|---|---|
| LARRY SCHUMACHER | EXOFFICIO SR VP OF OPERATIONS SE DIVISION | — | — |
| JANELLE REILLY | EX-OFFICIO/MARKET CEO | 1 | — |
| TROY HAMMETT | SR VP/FORMER CFO | — | — |
| KELLY RICHARDSON MD | BOARD MEMBER | 1 | — |
| JAMES HEADRICK JR MD | BOARD MEMBER | 1 | — |
| MICHAEL SUTTON | FORMER MARKET CFO | 1 | — |
| BETSY WASHBURN MD | BOARD MEMBER | 1 | — |
| LEE JACKSON | FORMER OFFICER | — | — |
| JENNIFER NICELY | EX-OFFICIO/CHIEF DEVELOPMENT OFFICER | 20 | — |
| CRAIG NIELSEN | CFO | 1 | — |
| JULIE BRANDAO | BOARD MEMBER | 1 | — |
| ROB CARDEN | MEMBER AT LARGE | 1 | — |
| WILL CLEGG | CHAIR | 1 | — |
| GINA DHANANI | BOARD MEMBER | 1 | — |
| LAURA KETCHAM | BOARD MEMBER | 1 | — |
| RICK PARTAIN | BOARD MEMBER | 1 | — |
| TAYLOR WHALEY MD | BOARD MEMBER | 1 | — |
| CAMILLE DANIEL | BOARD MEMBER | 1 | — |
| STEVE MCNALLY | BOARD MEMBER | 1 | — |
| JIM PESNELL | BOARD MEMBER | 1 | — |
| JONATHAN ADAMS | MEMBER AT LARGE | 1 | — |
| LACY BURD | BOARD SECRETARY | 1 | — |
| DEANNA BROWN MD | BOARD MEMBER | 1 | — |
| PATTI DUNGAN | BOARD TREASURER | 1 | — |
| ROSHAN AMIN | BOARD MEMBER | 1 | — |
| JIM CARDWELL | BOARD MEMBER | 1 | — |
| MARK HITE | BOARD MEMBER(PARTIAL YEAR) | 1 | — |
| QUINCY JENKINS | BOARD MEMBER | 1 | — |
| PAM MCKENNEY | BOARD MEMBER | 1 | — |
| RHONDA MCCABE | INTERIM CFO (PARTIAL) | 40 | — |
| RICH KRAMER | BOARD MEMBER | 1 | — |
| CHASEN THOMAS | BOARD MEMBER | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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