Mercy Medical Center
Mercy Medical Center is a public charity based in Cedar Rapids, Iowa, formed in 1900. It provides hospital and other health care services and also makes grants to organizations supporting community health and related needs.
Mercy Medical Center at a glance
In short: Mercy Medical Center gave $10.8M across 17 grants in 2025 (avg $635K), mostly in Iowa. 41% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $10,797,480
- -20.2% vs 2024
- Grants made (2025)
- 17
- +13.3% vs 2024
- Average grant
- $635,146
- -29.5% vs 2024
- Median grant
- $20,000
- Total assets
- $755,979,447
- +3.8% vs 2024
- New grantees (estimate)
- 41% first-time grantees (7 of 17, 2025; small sample)
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mercy Medical Center
- Contact
Mailing address: 701 10Th St Se, Cedar Rapids, IA 52403
Phone: (319) 398-6105
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mercy Medical Center funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mercy Service Corporation ($10.0M). Together the top 10 received $10.7M.
Grant Size Distribution
90 grants across all recorded years
The most common grant size was under $50K: 80 grants of 90 (89%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Iowa. Mercy’s Health Equity Fund is described as serving Linn County and seven surrounding communities.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
States
Cities
Is Mercy Medical Center open to new grantees?
41%
first-time grantees, 2025
In 2025, 7 of 17 grantees (41%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $15K; repeat grants $1.1M. How we count
Medians: $13K first-time, $20K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $8.2M (2022) to $14.5M (2023). In 2025 it made 17 grants totaling $10.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Service Corporation Cedar Rapids, IA | For Use in Continuing Operations | $10,000,000 |
| Mercy Hospital Cedar Rapids IA Endowment Foundation Cedar Rapids, IA | For Use in Continuing Operations | $550,055 |
| Mission of Hope Cedar Rapids, IA | General Support | $25,500 |
| Hacap Hiawatha, IA | General Support | $21,600 |
| Horizons a Family Service Alliance Cedar Rapids, IA | General Support | $20,000 |
| Especially for You Race Against Breast Cancer Cedar Rapids, IA | General Support | $20,000 |
| Waypoint Cedar Rapids, IA | General Support | $20,000 |
| Linn County Advocate Inc Cedar Rapids, IA | General Support | $20,000 |
| Iowa Legal Aid Cedar Rapids, IA | General Support | $20,000 |
| Linn County Public Health Cedar Rapids, IA | General Support | $15,000 |
Ready to take the next step with Mercy Medical Center?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $755,979,447 | $524,502,517 | $525,155,162 | $10,797,480 | 17 | $5,591,265 |
| 2024 | $728,179,406 | $478,815,186 | $488,223,931 | $13,522,850 | 15 | $1,395,215 |
| 2023 | $714,937,396 | $435,705,307 | $456,035,429 | $14,514,004 | 18 | $11,446,110 |
| 2022 | $716,000,674 | $418,379,415 | $412,756,686 | $8,236,225 | 19 | $16,653,110 |
| 2021 | $779,545,378 | $391,822,249 | $374,188,407 | $10,795,943 | 21 | $20,585,601 |
| 2020 | $664,794,237 | $356,239,864 | $351,548,767 | $8,530,960 | 13 | $8,117,593 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Mercy’s mission is “to care for the sick and enhance the health of the communities we serve, guided by the spirit of the Sisters of Mercy.” Its 2024 filing describes hospital care for patients regardless of ability to pay, charity care, and community benefits including subsidized services, free services, and educational programs.
Mercy’s Health Equity Fund has supported local nonprofits addressing behavioral health access, food insecurity, safe and affordable housing, and homelessness. The funder’s website says its 2024 awards went to nine nonprofits for a combined $169,500; its 2023 awards went to eight nonprofits. Other reported grantmaking includes rural first-responder grants for equipment and emergency medical training.
Examples of supported organizations’ stated work include Mission of Hope’s Christ-centered emergency relief, restoration, and development services for formerly incarcerated people, people experiencing homelessness or addiction, and others in need; Iowa Legal Aid’s free legal help to protect housing, safety, and income; Horizons’ services for underserved populations facing mental and behavioral health, financial, food, and nutrition challenges; and Linn County Advocate’s legal representation for indigent clients in criminal and juvenile cases.
Grantmaking
In filing year 2025, Mercy reported 17 grants totaling $10,797,480. Grant amounts ranged from $10,000 to $10,000,000, with a median of $20,000. The largest award was $10,000,000 to Mercy Service Corporation for continuing operations. Other notable grants included $550,055 to Mercy Hospital Cedar Rapids IA Endowment Foundation for continuing operations; $25,500 to Mission of Hope for general support; and $20,000 each to Horizons A Family Service Alliance, Especially for You Race Against Breast Cancer, Waypoint, Linn County Advocate Inc, and Iowa Legal Aid, for general support.
Mercy’s 2024 Health Equity Fund awards totaled $169,500 across nine nonprofits, with individual awards from $10,000 to $20,000. In 2023, eight Health Equity Fund recipients received awards ranging from $12,500 to $25,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Timothy Quinn, MD, as president and chief executive officer. Trustees listed include Ryan Hollenbeck, MD; John-Paul Besong; Michele Busse; Bob Cataldo; Chris DeWolf; Barrie Ernst; Nancy Kasparek; and Sister Sharon Kerrigan. Lydia Brown is listed as a former member of the board of trustees.
Mercy Medical Center is led by Timothy L. Charles, Former President & Chief Executive Officer since 2023 (on filings since 2020); 14 of 35 officers listed in 2025 are compensated.
Officers on the 2025 filing
Timothy L. Charles
Former President & Chief Executive Officer
President & CEO → President & Chief Executive Officer, 2021
President & Chief Executive Officer → Former President & Chief Executive Officer, 2023
On filings since 2020
40 hrs/week
$719K (2020) → $695K (2025)
Timothy Quinn MD
President & Chief Executive Officer
Chief of Clinical Operations → President & Chief Executive Officer, 2023
On filings since 2020
40 hrs/week
$510K (2020) → $729K (2025)
Cheryle Mitvalsky
Chairman
On filings since 2020
1 hr/week
No compensation reported
Amandeep Dhaliwal MD
Physician
On filings since 2020
40 hrs/week
$889K (2020) → $1.5M (2025)
Chong C. Lee MD
Physician
On filings since 2020
40 hrs/week
$1.3M (2020) → $3.3M (2025)
Jeffrey Cash
Chief Information Officer
On filings since 2020
40 hrs/week
$269K (2020) → $325K (2025)
Mary Brobst
Former Chief Nursing Officer
Chief Nursing Officer → Former Chief Nursing Officer, 2024
On filings since 2020
40 hrs/week
$274K (2020) → $281K (2025)
Ryan D. Hollenbeck MD
Member Board of Trustees
Physician → Member Board of Trustees, 2025
On filings since 2020
40 hrs/week
$938K (2020) → $1.3M (2025)
Bhavya Akhauri MD
Physician
On filings since 2021
40 hrs/week
$948K (2021) → $1.3M (2025)
Nathan Van Genderen
Executive Vice President & CFO
Executive Vice President & Chief Financial Officer → Executive Vice President, CFO & COO, 2023
Executive Vice President, CFO & COO → Executive Vice President & CFO, 2025
On filings since 2021
40 hrs/week
$396K (2021) → $506K (2025)
Sachin Goyal
Physician
On filings since 2023
40 hrs/week
$1.2M (2023) → $1.2M (2025)
Tony Myers MD
Chief Medical Officer
On filings since 2023
40 hrs/week
$386K (2023) → $451K (2025)
Nancy Hill
Chief Talent Officer
On filings since 2024
40 hrs/week
$326K (2024) → $337K (2025)
Greg Dewolf
Chief Operations Officer
New on the 2025 filing
40 hrs/week
$371K (2025)
Vincent Reid MD
Physician
New on the 2025 filing
40 hrs/week
$1.3M (2025)
Al Ruffalo
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Barb Knapp
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Barrie Ernst
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Bob Cataldo
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Charles Rohde
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Chris Dewolf
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Darrel Morf
Vice Chairman & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Fred Pilcher MD
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
John Rife
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
John-Paul Besong
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Kyle Skogman
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Lydia Brown
Former Member Board of Trustees
Member Board of Trustees → Former Member Board of Trustees, 2025
On filings since 2020
1 hr/week
No compensation reported
Mary Quass
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Michele Busse
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Nancy Kasparek
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Rue Patel
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Sister Maurita Soukup
Secretary
On filings since 2020
1 hr/week
No compensation reported
Sister Sharon Kerrigan
Member Board of Trustees
On filings since 2020
1 hr/week
No compensation reported
Sister Terry Maltby
Former Member Board of Trustees
Member Board of Trustees → Former Member Board of Trustees, 2025
On filings since 2020
1 hr/week
No compensation reported
Ann Stroh MD
Former Member Board of Trustees
Member Board of Trustees → Former Member Board of Trustees, 2025
On filings since 2023
1 hr/week
No compensation reported
Former officers (17)
- Former: John Smith (2020–2024) — Member Board of Trustees
- Former: Shane A. Gailushas MD (2020–2024) — Physician
- Former: Sister Luann Hannasch (2020–2024) — Member Board of Trustees
- Former: Tony Golobic (2020–2024) — Member Board of Trustees
- Former: Barakat Aburajab Altamimi MD (2024) — Physician
- Former: Nancy Hill-Davis (2020–2023) — Chief Talent Officer
- Former: Matt Smith (2021–2023) — Former Member Board of Trustees
- Former: Ujjwal Kumar MD (2023) — Physician
- Former: Sister Margaret Weigel (2020–2022) — Former Member Board of Trustees
- Former: Shiny Matthewkutty MD (2022) — Physician
- Former: Darin W. Smith (2020–2021) — Physician
- Former: Jack Cosgrove (2020–2021) — Former Member Board of Trustees
- Former: Jan Kazimour (2020–2021) — Former Member Board of Trustees
- Former: Abdullah Alwahdani MD (2021) — Physician
- Former: Bob Schmall (2020) — Member Board of Trustees
- Former: Chris Walsh (2020) — Former Member Board of Trustees
- Former: Nathan Vangenderen (2020) — Executive Vice President & CFO
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $3.3M, to Chong C Lee MD (Physician). 14 officers or directors reported compensation on that filing.
Frequently asked questions about Mercy Medical Center
How much does Mercy Medical Center give each year?
Mercy Medical Center gave $10.8M across 17 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $13.5M across 15 grants.
What is Mercy Medical Center's typical grant size?
Mercy Medical Center's median grant in 2025 was $20,000, and its average grant was $635,146, across 17 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Mercy Medical Center that year got $15K on average.
Where does Mercy Medical Center give grants?
Mercy Medical Center gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Cedar Rapids, IA (14 grants).
Does Mercy Medical Center give general operating support?
Yes: 88% of Mercy Medical Center's 2025 grants with a stated purpose (15 of 17) were for general or operating support, per its 2025 IRS Form 990.
Who are Mercy Medical Center's largest grantees?
Mercy Medical Center's largest 2025 grantees include Mercy Service Corporation ($10,000,000), Mercy Hospital Cedar Rapids IA Endowment Foundation ($550,055) and Mission of Hope ($25,500), according to its 2025 IRS Form 990. Together they received 98% of its itemized 2025 grant dollars.
How large is Mercy Medical Center?
Mercy Medical Center reported $756.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $524.5M.
What does Mercy Medical Center fund?
Mercy’s mission is “to care for the sick and enhance the health of the communities we serve, guided by the spirit of the Sisters of Mercy.” See mission & focus areas ↑
How do I apply for a grant from Mercy Medical Center?
Mercy Medical Center has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Mercy Medical Center's EIN?
Mercy Medical Center's EIN (Employer Identification Number) is 42-0698295. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Mercy Medical Center's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mercy Medical Center funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/mercy-medical-center-morg_a2444a2657d645599cfb5d682150bab6
BibTeX
@misc{grantable_420698295_2026,
author = {{Grantable}},
title = {{Mercy Medical Center funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mercy-medical-center-morg_a2444a2657d645599cfb5d682150bab6},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mercy Medical Center'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 Medical Center down — hundreds of funders to go?