Mercyhealth Development Foundation Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 12 grants of 20 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Health System Corporation Janesville, WI | House of mercy, cardiac rehabilitation, oncology, skilled nursing residents food service, autism support | $3,571,068 |
| Rockford Health Physicians Rockford, IL | Free Clinic Reimb - Indigent Assistance | $1,400,213 |
| Javon Bea Hospital Rockford, IL | Partner Crisis Fund and Other Restricted Donations | $852,956 |
| Mercyhealth Visiting Nurses Association Inc Rockford, IL | Hospice, vna expenses, other grants, nursing scholarships, patient expenses, partner crisis | $34,736 |
| Mercy Assisted Care Janesville, WI | Hospice, mac expenses, other grants, nursing scholarships, patient expenses | $12,917 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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 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 15, 2026)
- 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.
Here's the math on researching Mercyhealth Development Foundation Inc by hand.
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