Mercyhealth Development Foundation Inc

Public charity · Grantmaker Rockford, IL EIN: 36-3197918

Mercyhealth's mission is to provide exceptional health care services with a passion for making lives better, guided by a vision of excellence in patient care, service, partnership, and cost-effectiveness. Core values include holistic healing, prioritizing patients, treating each other like family, and striving for excellence. The foundation supports this mission by leveraging philanthropic resources to strengthen programs and services across the health system.

Key facts about Mercyhealth Development Foundation Inc

In short: Mercyhealth Development Foundation Inc gave $5.9M across 5 grants in 2025 (avg $1.2M), mostly in Wisconsin. Source: 2025 IRS Form 990.

EIN
36-3197918
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$5,871,890
Grants made (2025)
5
Average grant
$1,174,378
Median grant
$852,956
Total assets
$60,484,315
Primary geography
Wisconsin (61% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$60.5M

+19.2% YoY

Annual Giving

$5.9M

+394.1% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$1.2M

+394.1% YoY

How Mercyhealth Development Foundation Inc gives

  • Giving grew 1459% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Mercyhealth Development Foundation Inc

Based on IRS filings

Mercyhealth Development Foundation Inc is a public charity, based in Rockford, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $60.5M in total assets. In 2025, it awarded 5 grants totaling $5.9M. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

RockfordJanesville

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M4 grants2021 3 grants2022 3 grants2023 5 grants2024 5 grants2025

From 2021 to 2025, annual grant giving ranged from $376K (2021) to $5.9M (2025). In 2025 it made 5 grants totaling $5.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Mercy Health System Corporation: $3.6MMercy Health SystemCorporation$3.6MRockford Health Physicians: $1.4MRockford Health Physicians$1.4MJavon Bea Hospital: $853KJavon Bea Hospital$853KMercyhealth Visiting Nurses Association Inc: $35KMercyhealth Visiting NursesAssociation Inc$35KMercy Assisted Care: $13KMercy Assisted Care$13K

The largest 2025 recipient was Mercy Health System Corporation ($3.6M). Together the top 5 received $5.9M.

Grant Size Distribution

20 grants across all recorded years

12<$50K$50–100K$100–250K2$250–500K4$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 12 grants of 20 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mercy Health System Corporation Janesville, WIHouse of mercy, cardiac rehabilitation, oncology, skilled nursing residents food service, autism support$3,571,068
Rockford Health Physicians Rockford, ILFree Clinic Reimb - Indigent Assistance$1,400,213
Javon Bea Hospital Rockford, ILPartner Crisis Fund and Other Restricted Donations$852,956
Mercyhealth Visiting Nurses Association Inc Rockford, ILHospice, vna expenses, other grants, nursing scholarships, patient expenses, partner crisis$34,736
Mercy Assisted Care Janesville, WIHospice, mac expenses, other grants, nursing scholarships, patient expenses$12,917

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$60,484,315$50,745,703$43,337,005
Revenue$8,701,109$8,916,066$2,169,295
Expenses$6,058,810$2,079,379$1,359,979
Net Investment Income$1,618,601$7,466,291$512,662

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Mercyhealth Development Foundation Inc is led by Javon R. Bea, President & CEO on every filing since 2021; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Javon R. Bea

    President & CEO

    On filings since 2021

    1 hr/week

    No compensation reported

  • Patrick O'Keefe

    Chairperson

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Eric Thornburg

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Marc L. Barbeau

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark L. Goelzer MD

    Director & Physician

    On filings since 2021

    1 hr/week

    No compensation reported

  • Maryanne Miller

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Candy Thompson

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Ashlie Myers

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jim Wolfe

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Greta Alfano

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Todd Anderson

    Vice President & CFO

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ladd Udy

    Vice President

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Kathy L. Weber (2021–2024) — Director
  • Former: Kimberly Scaccia (2021–2024) — Vp-Revenue Cycle
  • Former: Deb Fortune (2022–2024) — Director
  • Former: Mitchell Sheley (2022–2024) — Director
  • Former: James Davis (2023) — Former Vice President
  • Former: Chris Clapper (2021–2022) — Director
  • Former: Jere Johnson (2021–2022) — Director
  • Former: Lisa Rudy (2021–2022) — Director
  • Former: Shannon Dunphy-Alexander (2021–2022) — Senior Executive Director
  • Former: Twila Schock (2021–2022) — Director
  • Former: Jason Bredenkamp MD (2021) — Director
  • Former: W. Walter Boothe (2021) — Vice Chair

Data from IRS Form 990 filings, 2021–2025. "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 Mercyhealth Development Foundation Inc

How much does Mercyhealth Development Foundation Inc give each year?

Mercyhealth Development Foundation Inc gave $5.9M across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.2M across 5 grants.

What is Mercyhealth Development Foundation Inc's typical grant size?

Mercyhealth Development Foundation Inc's median grant in 2025 was $852,956, and its average grant was $1,174,378, across 5 grants on its 2025 IRS Form 990.

Where does Mercyhealth Development Foundation Inc give grants?

Mercyhealth Development Foundation Inc gives mostly in Wisconsin: 61% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Illinois (39%). The most frequent recipient cities were Rockford, IL (3 grants) and Janesville, WI (2 grants).

Does Mercyhealth Development Foundation Inc give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Mercyhealth Development Foundation Inc's 2025 IRS Form 990 were described as general or operating support.

Who are Mercyhealth Development Foundation Inc's largest grantees?

Mercyhealth Development Foundation Inc's largest 2025 grantees include Mercy Health System Corporation ($3,571,068), Rockford Health Physicians ($1,400,213) and Javon Bea Hospital ($852,956), according to its 2025 IRS Form 990. Together they received 99% of its itemized 2025 grant dollars.

How large is Mercyhealth Development Foundation Inc?

Mercyhealth Development Foundation Inc reported $60.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.7M.

What is Mercyhealth Development Foundation Inc's EIN?

Mercyhealth Development Foundation Inc's EIN (Employer Identification Number) is 36-3197918. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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