TO CULTIVATE AND SECURE ALL TYPES OF GIFTS, GRANTS, BEQUESTS, AND TO ADMINISTER TRUST AND ENDOWMENT FUNDS AND FUND DEVELOPMENT PROGRAMS, FOR LONG BEACH MEMORIAL MEDICAL CENTER, A NONPROFIT PUBLIC BENEFIT CORPORATION AND TAX EXEMPT PUBLIC CHARITY WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ITS HOSPITALS, INCLUDING BUT NOT LIMITED TO LONG BEACH MEMORIAL MEDICAL CENTER AND MILLER CHILDREN'S AND WOMEN'S HOSPITAL, AND ITS PROGRAMS, CENTERS, AND CLINICS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$283.2M
+7.7% YoY
Annual Giving
$6.6M
+21.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$3.3M
-39.1% YoY
About Memorial Medical Center Foundation
Based on IRS filings
Memorial Medical Center Foundation is a nonprofit organization focused on Health, based in LONG BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $283.2M in total assets. In 2024, it awarded 2 grants totaling $6.6M. Net investment income was $27.6M.
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 | $283,224,351 | $262,911,081 | $251,549,867 |
| Revenue | $34,370,478 | $9,663,864 | $14,326,786 |
| Expenses | $10,211,278 | $8,541,790 | $9,208,386 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $27,578,183 | $3,891,853 | $11,090,768 |
| 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 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Long Beach Memorial Medical Center ($5,897,873), Memorial Health Services ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LONG BEACH MEMORIAL MEDICAL CENTER LONG BEACH, CA | PROGRAM SUPPORT | $5,897,873 |
| MEMORIAL HEALTH SERVICES FOUNTAIN VALLEY, CA | PROGRAM SUPPORT | $750,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BLAIR KENT | BOARD MEMBER, CEO/EVP, LBMMC & MCWH | 1 | — |
| JOHN BISHOP | FORMER BOARD MEMBER, CEO/EVP LBMMC | — | — |
| YAIR KATZ | FORMER CFO(THRU 12.22)/CEO MCWH+SVP PED(FROM 12.22 | — | — |
| ROBERT GUNSALUS | BOARD MEMBER, PRESIDENT | 60 | — |
| GARY MUENZEL SR | EXEC. DIR CONTROLLER | 40 | — |
| STEPHEN C HOLLISTER | EXEC DIR, GRANTS | 40 | — |
| SAMUEL J PROKO | DIR, ACCOUNTING (THRU 1/26/24) | 40 | — |
| CHARLES W HERRON | EXEC DIR, DEVELOPMENT (LBMC) | 40 | — |
| CATHLEEN F WIEDER | EXEC DIR, DEVELOPMENT (MCWH) | 40 | — |
| GARY DELONG | CHAIR | 1 | — |
| SUSAN LAPUTZ | TREASURER | 1 | — |
| JOE CRISTINA | SECRETARY | 1 | — |
| KATHERINE KEESAL | 1ST VICE CHAIR | 1 | — |
| JOHN MEHIGAN | 2ND VICE CHAIR | 1 | — |
| JOEL BRODSKY DDS | BOARD MEMBER | 1 | — |
| LISA CHAPMAN | BOARD MEMBER | 1 | — |
| BILL DURKEE | BOARD MEMBER | 1 | — |
| BOB FOSTER | BOARD MEMBER | 1 | — |
| ROBERT FUNARI | BOARD MEMBER | 1 | — |
| LYNNE PILLSBURY | BOARD MEMBER | 1 | — |
| KEVIN PETERSON | BOARD MEMBER | 1 | — |
| RANDY GORDON | BOARD MEMBER | 1 | — |
| MARI HOOPER | BOARD MEMBER | 1 | — |
| WALTER LARKINS | BOARD MEMBER | 1 | — |
| JOHN WANG | BOARD MEMBER | 1 | — |
| JAMES WELLS MD | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Memorial Medical Center Foundation?
Memorial Medical Center Foundation is a nonprofit organization focused on Health, based in LONG BEACH, CA. It holds $283.2M in total assets as of 2024.
How large is Memorial Medical Center Foundation?
As of 2024, Memorial Medical Center Foundation holds $283.2M in total assets with $34.4M in annual revenue. It awarded 2 grants totaling $6.6M in 2024.
Where does Memorial Medical Center Foundation operate?
Memorial Medical Center Foundation has awarded grants in California.
What size grants does Memorial Medical Center Foundation award?
In 2024, Memorial Medical Center Foundation awarded 2 grants totaling $6.6M — an average of about $3.3M per grant, based on its IRS Form 990 filings.
What is Memorial Medical Center Foundation's EIN?
Memorial Medical Center Foundation's EIN (Employer Identification Number) is 95-6105984. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Memorial Medical Center Foundation'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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