Mercy Foundation of Des Moines Iowa logo

Mercy Foundation of Des Moines Iowa

DES MOINES, IA EIN: 23-7358794 Website

WE, MERCY FOUNDATION OF DES MOINES, IOWA AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. MERCY FOUNDATION OF DES MOINES, IOWA IS A MEMBER OF TRINITY HEALTH.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$91.4M

+20.1% YoY

Annual Giving

$5.9M

+43.9% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$652K

+11.9% YoY

About Mercy Foundation of Des Moines Iowa

Based on IRS filings

Mercy Foundation of Des Moines Iowa is a nonprofit organization focused on Health, based in DES MOINES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $91.4M in total assets. In 2024, it awarded 9 grants totaling $5.9M. Net investment income was $14.9M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CentervilleDes MoinesNewtonWest Des Moines

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$12M$18M$24M20202021202220232024
Metric202420232022
Total Assets$91,440,689$76,163,602$68,233,167
Revenue$21,666,244$11,746,490$10,214,363
Expenses$8,378,259$6,583,488$12,126,825
Qualifying Distributions
Net Investment Income$14,936,951$6,914,488$3,203,835
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M7 grants20206 grants20216 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

CATHOLIC HEALTH INITIATI…$2.8MHOUSE OF MERCY$1.7MMERCY CLINICS INC$796KMERCY COLLEGE OF HEALTH …$283KMERCY MEDICAL CENTER - N…$209KMERCY MEDICAL CENTER - C…$118KSTRANDS OF STRENGTH INC$15KABOVE & BEYOND CANCER$10KVARIETY THE CHILDRENS CH…$6K

Grant Size Distribution

35 grants across all recorded years

8<$50K1$50–100K8$100–250K4$250–500K6$500K–1M7$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catholic Health Initiatives - Iowa Corp ($2,778,419), House of Mercy ($1,653,442), Mercy Clinics Inc ($795,516).

RecipientPurposeAmount
ABOVE & BEYOND CANCER DES MOINES, IAPROGRAM SUPPORT$10,000
VARIETY THE CHILDRENS CHARITY OF IOWA DES MOINES, IAPROGRAM SUPPORT$6,000
STRANDS OF STRENGTH INC WEST DES MOINES, IAPROGRAM SUPPORT$15,000
CATHOLIC HEALTH INITIATIVES - IOWA CORP DES MOINES, IAPROGRAM SUPPORT$2,778,419
MERCY MEDICAL CENTER - NEWTON NEWTON, IAPROGRAM SUPPORT$208,652
MERCY MEDICAL CENTER - CENTERVILLE CENTERVILLE, IAPROGRAM SUPPORT$118,378
MERCY CLINICS INC DES MOINES, IAPROGRAM SUPPORT$795,516
HOUSE OF MERCY DES MOINES, IAPROGRAM SUPPORT$1,653,442
MERCY COLLEGE OF HEALTH SCIENCES DES MOINES, IAPROGRAM SUPPORT$282,833

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL WEGNERDIR&PRES MERCYONE CTRL IA THR 12/231
RANDALL RUBINFORMER OFFICER; SVP, CFO THR 6/23
JENNIFER OLSON DODIRECTOR; PRESIDENT MERCY CLINICS1
JASON MEYERS MDDIRECTOR; ELECTROPHYSIOLOGIST1
ANEESA AFROZE MDDIR; INFECTIOUS DISEASE PHYSICIAN1
JODIE ROETTGERVP FIN & CFO MERCYONE IA 7/23-12/231
SHANNON COFIELDDIRECTOR; FOUNDATION PRESIDENT38
JOAN BINDELVICE PRESIDENT PHILANTHROPY39
MARTIN WALSHDIRECTOR; CHAIR1
ERIN KUHLDIRECTOR; VICE CHAIR1
KELLY BUCHERDIRECTOR; SECRETARY1
DENNIS MENKENDIRECTOR; TREASURER1
BROOKE AVILADIRECTOR1
DAVID CHAPMANDIRECTOR1
JOSH COOKDIRECTOR1
BRADLEY DUFFYDIRECTOR1
SUSAN FITZSIMMONSDIRECTOR1
ALISON FRASERDIRECTOR1
VANESSA FREITAGDIR & COO MERCYONE IA AS OF 4/241
JOYCE LILLISDIRECTOR1
CARY MURPHY MDDIRECTOR1
MARC SCANTLINDIRECTOR1
LINDA SEMONDIRECTOR1
ERIK SORENSENDIRECTOR1
LOIS VOGELDIRECTOR1
MICHELE WHITTYDIRECTOR1
TERRI DONOVAN PD BY MGMT COINT VP FINANCE MERCYONE AS OF 1/241

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mercy Foundation of Des Moines Iowa?

Mercy Foundation of Des Moines Iowa is a nonprofit organization focused on Health, based in DES MOINES, IA. It holds $91.4M in total assets as of 2024.

How large is Mercy Foundation of Des Moines Iowa?

As of 2024, Mercy Foundation of Des Moines Iowa holds $91.4M in total assets with $21.7M in annual revenue. It awarded 9 grants totaling $5.9M in 2024.

Where does Mercy Foundation of Des Moines Iowa operate?

Mercy Foundation of Des Moines Iowa has awarded grants in Iowa.

What size grants does Mercy Foundation of Des Moines Iowa award?

In 2024, Mercy Foundation of Des Moines Iowa awarded 9 grants totaling $5.9M — an average of about $652K per grant, based on its IRS Form 990 filings.

What is Mercy Foundation of Des Moines Iowa's EIN?

Mercy Foundation of Des Moines Iowa's EIN (Employer Identification Number) is 23-7358794. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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