Mercy Hospital Foundation
Generate private support for Mercy Hospital, Iowa City ("Mercy"); manage, invest and disburse funds with regard to donor's intentions.
Mercy Hospital Foundation at a glance
- Revenue (2024)
- $1,807,663
- +155.6% vs 2023
- Net investment income (2024)
- $1,773,523
- +644.0% vs 2023
- Expenses (2024)
- $451,223
- -7.9% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Mercy Hospital Foundation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Mercy Hospital Foundation gives
- Giving fell 84% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $111K (2023) to $1.3M (2022). In 2023 it made 1 grant totaling $111K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Hospital Iowa City IA Iowa City, IA | Facilities improvements, medical equipment, patient comfort items, and education materials | $110,521 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | — | $1,807,663 | $451,223 | — | — | $1,773,523 |
| 2023 | $18,337,472 | $707,239 | $489,874 | $110,521 | 1 | $238,375 |
| 2022 | $16,632,605 | $1,099,741 | $1,739,521 | $1,329,000 | 1 | $825,418 |
| 2021 | $20,800,860 | $2,217,603 | $1,532,672 | $1,121,651 | 1 | $1,594,023 |
| 2020 | $16,783,497 | $859,435 | $1,181,063 | $705,824 | 1 | $326,687 |
| 2019 | $17,543,906 | $3,837,065 | $1,217,077 | $760,710 | 1 | $3,602,470 |
About Mercy Hospital Foundation
Based on IRS filings
Mercy Hospital Foundation is a public charity focused on Health, based in Iowa City, IA. IRS filing data is available from 2019 through 2024. Net investment income was $1.8M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Mercy Hospital Foundation is led by Tom Clancy, CEO & Administrator on every filing since 2023; none of the 16 officers listed in 2024 report compensation.
Officers on the 2024 filing
Tom Clancy
CEO & Administrator
On filings since 2023
1 hr/week
No compensation reported
Lisa Steigleder
President
President Beginning → President, 2022
On filings since 2021
40 hrs/week
No compensation reported
Lynn Skopec
Chair & Board Member
Secretary & Chair-Elect → Chair-Elect & Chair, 2023
Chair-Elect & Chair → Chair & Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Steven Anderson
Chair
Secretary → Secretary & Chair-Elect, 2023
Secretary & Chair-Elect → Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Ann Perino
Board Member
Director → Board Member, 2022
On filings since 2019
1 hr/week
No compensation reported
Patricia Heiden
Board Member
Director → Board Member, 2023
On filings since 2019
1 hr/week
No compensation reported
Scott Fisher
Board Member
Chair-Elect & Chair → Chair & Board Member, 2023
Chair & Board Member → Board Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Stephen Scheckel
Board Member
Director → Board Member, 2024
On filings since 2019
1 hr/week
No compensation reported
Todd Jacobson
Secretary
Chair & Director → Board Member, 2023
Board Member → Secretary, 2024
On filings since 2019
1 hr/week
No compensation reported
Dawna Miller
Treasurer
CFO → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Denice Connell
Board Member & Treasurer
Director → Board Member, 2022
Board Member → Board Member & Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Kim Casko
Board Member
On filings since 2022
1 hr/week
No compensation reported
Jim Porter
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Stuart Elkin
Assistant Treasurer
On filings since 2023
1 hr/week
No compensation reported
Tor Nicklaus
Secretary & Chair-Elect
Secretary → Secretary & Chair-Elect, 2024
On filings since 2023
1 hr/week
No compensation reported
Kim Volk
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (14)
- Former: Kimberley Rossiter (2019–2023) — Assistant Treasurer
- Former: Sarah Leonard (2019–2023) — Board Member
- Former: Mike Trachta (2022–2023) — CEO & Administrator
- Former: Jeffrey Rooney (2023) — Treasurer
- Former: Karla Kamal (2019–2022) — Board Member
- Former: Sean Williams (2019–2022) — CEO & Administrator
- Former: Bernie Cremers (2019–2021) — Director
- Former: Catherine Pugh (2019–2021) — Chair
- Former: Margaret Reese (2019–2021) — President
- Former: Dave Vellinga (2021) — Board Member
- Former: Douglas Davenport (2019–2020) — CFO
- Former: Mark Nolte (2019–2020) — Director
- Former: Michael Heinrich (2019–2020) — Former Officer
- Former: Ronald R Reed (2019) — Frmr President & Administrator
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mercy Hospital Foundation
What is Mercy Hospital Foundation?
Mercy Hospital Foundation is a public charity focused on Health, based in Iowa City, IA.
Where does Mercy Hospital Foundation operate?
Mercy Hospital Foundation has awarded grants in Iowa.
What is Mercy Hospital Foundation's EIN?
Mercy Hospital Foundation's EIN (Employer Identification Number) is 23-7040506. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS June 3, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Mercy Hospital Foundation's focus areas in our free grants database
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Figures come from Mercy Hospital Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Mercy Hospital Foundation down — hundreds of funders to go?