The Memorial Health System Foundation

COLORADO SPRINGS, CO EIN: 84-1576338 Website

SEE SCHEDULE OTHE MISSION OF MEMORIAL HEALTH SYSTEM FOUNDATION IS TO PROVIDE PHILANTHROPIC RESOURCES TO ASSIST MEMORIAL HEALTH SYSTEM TO PROVIDE THE HIGHEST QUALITY HEALTH CARE. PHILANTHROPIC SUPPORT IS BEING SOUGHT FOR CAPITAL, ENDOWMENT AND PROGRAMMATIC PURPOSES, INCLUDING CANCER, CARDIOLOGY, AND WOMEN'S PROGRAMS AND SERVICES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$4.7M

+5.5% YoY

Annual Giving

$283K

+63.6% YoY

Grant Count

6

+100.0% YoY

Avg Grant Size

$47K

-18.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$811K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$4,660,240$4,419,311$3,657,814
Revenue$1,653,124$1,686,333$1,445,994
Expenses$1,438,313$1,287,713$983,216
Qualifying Distributions
Net Investment Income$81,261$89,601$61,914
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$558K$1M$2M$2M1 grants20201 grants20213 grants20223 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

UCH - MHS$100KUNIVERSITY OF COLORADO$58KLYDIA HILL INSTITUTE FOR…$50KUNIVERSITY OF COLORADO H…$30KMT CARMEL VETERANS SERVI…$25KTESSA$20K

Grant Size Distribution

14 grants across all recorded years

6<$50K3$50–100K3$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Memorial Health System Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATE MAIURROEXECUTIVE DIRECTOR$156K

From 2024 filing

NameTitleHoursCompensation
DAVID BROCKWAYBOARD CHAIR1
ERIK SCOTTVICE CHAIR1
KEVIN SULLIVANTREASURER1
DEB MAHANSECRETARY1
PAT CONEINDIVIDUAL TRUSTEE1
ANDREA HURLBERTINDIVIDUAL TRUSTEE1
JARED MAYINDIVIDUAL TRUSTEE1
CINDI SATHERINDIVIDUAL TRUSTEE1
BRIAN LEININGERCHIEF OF STAFF1
LONNIE CRAMERCEO, EX-OFFICIO1
DAVID GREENBURGEMERITUS1
MARY ELLEN MCNALLYEMERITUS1
KEVIN LAUDNERINDIVIDUAL TRUSTEE1
STEVE MULLIKENINDIVIDUAL TRUSTEE1
KATE MAIURROEXECUTIVE DIRECTOR40$155,884

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AuroraColorado SpringsDenver

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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