Memorial Health Fund
- Assets
- $25.2m
- Revenue
- $965.2k
- Investments
- $25.1m
- Employees
- 0
- Location
- York, PA
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 22-2546051
Organization Overview
Memorial Health Fund is located in York, PA. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Health Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Memorial Health Fund generated $965.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $844.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Memorial Health Fund has awarded 84 individual grants totaling $4,141,658. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FUNDS TO SUPPORT THE HEALTHCARE NEEDS OF THE YORK COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMORIAL HEALTH FUND STRIVES TO IMPROVE OVERALL COMMUNITY HEALTH; PROVIDE RESOURCES FOR THE RESTORATION AND MAINTENANCE OF HEALTH; BRING HIGH-QUALITY HEALTHCARE SERVICES TO THE GREATER YORK AREA; PROMOTE GENERAL HEALTH AND WELLNESS OF PERSONS IN THE GREATER YORK AREA; AND PROMOTE HEALTH EDUCATION.THIS GRANT PROGRAM SEEKS TO TRANSFORM THE WAY OUR COMMUNITY ADDRESSES COMPELLING HEALTH ISSUES, FUNDING PROGRAMS THAT IMPROVE THE COMPLETE PHYSICAL, MENTAL, AND SOCIAL WELL-BEING OF THE RESIDENTS OF YORK AND ITS SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josette Myers Chair | OfficerTrustee | 0.5 | $0 |
Dr Laura E Neisen Deabruna Secretary | OfficerTrustee | 0.5 | $0 |
Grace Quartey Treasurer | OfficerTrustee | 0.5 | $0 |
Michelle Hovis Chair Elect | OfficerTrustee | 0.5 | $0 |
Dr Mark Illfelder Director | Trustee | 0.5 | $0 |
Dr Michael Spangler Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,250 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,250 |
| Total Program Service Revenue | $0 |
| Investment income | $929,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $965,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $684,164 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $157,505 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $82 |
| Total functional expenses | $844,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,789 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $234 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $25,147,244 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,164,267 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $450,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $450,000 |
| Net assets without donor restrictions | $21,989,869 |
| Net assets with donor restrictions | $2,724,398 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,164,267 |
Grants Awarded
Over the last fiscal year, Memorial Health Fund has awarded $680,164 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
COUNTY OF YORK PURPOSE: COMMUNITY ACTION FOR RECOVERY & DIVERSION | $100,000 |
PAPPUS HOUSE PURPOSE: PAPPUS HOUSE EXPANSION OF CAPACITY THROUGH CREATION OF 9 BEDROOM HOME FOR END-OF-LIFE- CARE | $75,000 |
York, PA PURPOSE: PILOT MEDICAL ASSISTANT TRAINING AND EXTERNSHIP PROGRAM | $50,000 |
Lemoyne, PA PURPOSE: RELAUNCH/GROWTH GIRLS ON THE RUN PROGRAMS IN YORK COUNTY | $50,000 |
York, PA PURPOSE: SPECIALTY SERVICES EXPANSION PROJECT | $50,000 |
Harrisburg, PA PURPOSE: EMOTIONAL LISTENING SUPPORT HOTLINE OUTREACH | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Memorial Health Fund has recieved totaling $114,298.
| Awarding Organization | Amount |
|---|---|
Herbert T Helb Tuw No 2001 Las Vegas, NV PURPOSE: GENERAL OPERATING | $86,000 |
Earl W Spahr Tw Charitable Buffalo, NY PURPOSE: SUPPORT | $13,040 |
Chreston K Briggs Tr Ua Buffalo, NY PURPOSE: ADDL INCOME FOR EXEMPT | $10,008 |
York County Community Foundation York, PA PURPOSE: GENERAL SUPPORT | $5,250 |
Endowment Analysis
| Beg. Balance | $19,041,233 |
| Earnings | $3,427,907 |
| Net Contributions | $108,029 |
| Grants | $654,164 |
| Ending Balance | $21,923,005 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somc Medical Care Foundation Inc Portsmouth, OH | $14,653,193 | $44,708,757 |
Montefiore Medicine Academic Health Self Insurance Trist Bronx, NY | $287,426,872 | $78,028,348 |
Via Affiliates Doylestown, PA | $20,467,499 | $60,672,147 |
Cancer Care Co-Payment Assistance Foundation Inc New York, NY | $80,171,765 | $74,806,659 |
Dorothy Rider Pool Health Care Tr Uw L P Pool No 8 76431 Pittsburgh, PA | $33,435 | $17,533,563 |
Hss Properties Corporation New York, NY | $595,585,404 | $72,958,189 |
West Virginia University Hospitals East Inc Martinsburg, WV | $676,755 | $63,515,006 |
Royal Charter Properties - East Inc New York, NY | $212,621,601 | $60,926,484 |
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |
Five Pointe Professional Liability Insurance Company Wilmington, DE | $241,906,004 | $45,761,537 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |