Mercyhealth Development Foundation Inc
THE MISSION OF MERCYHEALTH DEVELOPMENT FOUNDATION, INC. IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER". WITH A VISION OF QUALITY - EXCELLENCE IN PATIENT CARE, SERVICE - EXCEPTIONAL PATIENT AND CUSTOMER CARE, PARTNERING - BEST PLACE TO WORK AND - COST-EFFECTIVE CARE AND A COMMITMENT TO THE VALUES OF: HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE. THE MERCYHEALTH DEVELOPMENT FOUNDATION, INC. ASSISTS IN THIS MISSION BY USING ITS RESOURCES TO SUPPORT ALL AFFILIATED ENTITIES TO HELP THEM FULFILL THEIR COMMITMENT TO THIS MISSION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50.7M
+17.1% YoY
Annual Giving
$1.2M
+34.6% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$238K
-19.2% YoY
About Mercyhealth Development Foundation Inc
Based on IRS filings
Mercyhealth Development Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ROCKFORD, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $50.7M in total assets. In 2024, it awarded 5 grants totaling $1.2M. Net investment income was $7.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,745,703 | $43,337,005 | $40,047,311 |
| Revenue | $8,916,066 | $2,169,295 | $2,113,503 |
| Expenses | $2,079,379 | $1,359,979 | $1,182,422 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,466,291 | $512,662 | $568,931 |
| 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 5 recipients in 2024
Grant Size Distribution
15 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 |
|---|---|---|---|
| TODD ANDERSON | VP/CFO (TERM 01/2025) | 1 | — |
| MARK L GOELZER MD | DIRECTOR/PHYSICIAN | 1 | — |
| KIMBERLY SCACCIA | VP-REVENUE CYCLE | 1 | — |
| JAVON R BEA | PRESIDENT/CEO (SEE PAGES 41-46) | 1 | — |
| PATRICK O'KEEFE | CHAIRPERSON | 3 | — |
| CANDY THOMPSON | DIRECTOR | 2 | — |
| DEB FORTUNE | DIRECTOR | 3 | — |
| DR MARYANNE MILLER | DIRECTOR | 1 | — |
| ERIC THORNBURG | DIRECTOR | 1 | — |
| KATHY WEBER | DIRECTOR | 1 | — |
| MARC BARBEAU | DIRECTOR | 1 | — |
| MITCHELL SHELEY | DIRECTOR | 1 | — |
| ASHLIE MYERS | DIRECTOR | 1 | — |
| JIM WOLFE | DIRECTOR | 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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