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Mercy Health Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522173656 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Mercy Health Foundation?

Mercy Health Foundation is a nonprofit organization headquartered in Baltimore, Maryland, with a US address at 301 St Paul St, Baltimore, MD 21202. Their primary mission is to generate philanthropic support from individuals, corporations, and foundations to finance the capital, operating, and endowment priorities of Mercy Health Services and Mercy Medical Center, as approved by their respective boards of trustees. The foundation has successfully raised over $8.4 million in operating funds, benefiting approximately 12,000 inpatients, 7,200 observation cases, 42,000 emergency department visits, and nearly 600,000 primary care and specialty visits. Mercy Health Foundation functions to fortify fundraising efforts for Mercy Medical Center and Stella Maris.


Is Mercy Health Foundation legitimate?

Mercy Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,446,569

For more financial information, click here


What is the mission statement of Mercy Health Foundation?
Who is the CEO of Mercy Health Foundation?
What is the revenue of Mercy Health Foundation?
Who are the executives of Mercy Health Foundation and what are their salaries?
Where can I find the form 990 for Mercy Health Foundation?

Mission Statement of Mercy Health Foundation

Mercy Health Foundation, a dedicated organization, works tirelessly to rally philanthropic support for Mercy Medical Center and Stella Maris. Its primary mission is twofold: first, to fortify fundraising efforts for Mercy Health Services as determined by the Board of Trustees; and second, to secure financial backing for Mercy Medical Center's capital, operating, and endowment priorities, also in accordance with the Board of Trustees' approval.

Through its unwavering commitment, Mercy Health Foundation has managed to amass over $8.4 million in operating support, which ultimately benefited 11,903 inpatients, 7,177 observation cases, 41,982 emergency department visits, and nearly 600,319 primary care and specialty visits. By enlisting the help of individuals, corporations, and foundations, Mercy Health Foundation plays a vital role in advancing Mercy Health Services' priorities and ensuring the continued provision of essential healthcare services to those in need.

Impact

This information is meant to be a general summary of Mercy Health Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mercy Health Foundation's impact can be seen in the significant fundraising efforts that have raised over $8.4 million in operating support. This funding has directly benefited over 11,903 inpatients, 7,177 observation cases, 41,982 emergency department visits, and nearly 600,319 primary care and specialty visits. These contributions play a crucial role in advancing the capital, operating, and endowment priorities of Mercy Medical Center and Stella Maris, ultimately enhancing the quality of healthcare services provided to the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $959,611
  • Program Service Revenue: $0
  • Gross Receipts: $35,685,976

    • Assets and Liabilities:
  • Total Assets: $54,767,544
  • Total Liabilities: $7,656,494
  • Net Assets: $47,111,050
  • Organization Details

    Founding Year

    1999

    Principal Officer

    David N Maine Md

    Main Address

    301 ST PAUL ST, BALTIMORE, MD, 21202

    NTEE Category

    Code: E110 - Health

    If you are a representative of Mercy Health Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.