Generate private support for Mercy Hospital, Iowa City ("Mercy"); manage, invest and disburse funds with regard to donor's intentions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Revenue
$1.8M
+155.6% YoY
Net Investment Income
$1.8M
+644.0% YoY
Expenses
$451K
-7.9% YoY
About Mercy Hospital Foundation
Based on IRS filings
Mercy Hospital Foundation is a nonprofit organization focused on Health, based in IOWA CITY, IA. IRS filing data is available from 2020 through 2024. Net investment income was $1.8M.
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 | — | $18,337,472 | $16,632,605 |
| Revenue | $1,807,663 | $707,239 | $1,099,741 |
| Expenses | $451,223 | $489,874 | $1,739,521 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,773,523 | $238,375 | $825,418 |
| 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 0 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 |
|---|---|---|---|
| Tom Clancy | CEO & Administrator (End 10/23) | 1 | — |
| Kim Volk | Board Member (Beg 10/23) | 1 | — |
| Lisa Steigleder | President | 40 | — |
| Denice Connell | Board Member/Treasurer (Beg 10/23) | 1 | — |
| Jim Porter | Treasurer (End 10/23) | 1 | — |
| Steven Anderson | Chair (Beg 10/23) | 1 | — |
| Todd Jacobson | Secretary (Beg 10/23) | 1 | — |
| Tor Nicklaus | Secretary/Chair-Elect (Beg 10/23) | 1 | — |
| Ann Perino | Board Member | 1 | — |
| Kim Casko | Board Member (End 10/23) | 1 | — |
| Lynn Skopec | Chair (End 10/23)/Board Member | 1 | — |
| Patricia Heiden | Board Member (End 10/23) | 1 | — |
| Scott Fisher | Board Member (End 10/23) | 1 | — |
| Stephen Scheckel | Board Member (End 10/23) | 1 | — |
| Dawna Miller | Treasurer | 1 | — |
| Stuart Elkin | Asst. Treas. (End 5/23) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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