Richmond Memorial Health Foundation

Organization Overview

Richmond Memorial Health Foundation is located in Richmond, VA. The organization was established in 1977. 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. Richmond Memorial Health Foundation 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 06/2021, Richmond Memorial Health Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $5.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Richmond Memorial Health Foundation has awarded 431 individual grants totaling $16,818,406. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

T


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Northern Trust
$182,614
Wythe Ave Consulting Llc
$121,057
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $460,884
Interest on Savings $0
Dividends & Interest $1,459,008
Net Rental Income$44,759
Net Gain on Sale of Assets $2,329,964
Capital Gain Net Income $2,329,964
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,294,615

Grants Awarded

Over the last fiscal year, Richmond Memorial Health Foundation has awarded $3,581,895 in support to 104 organizations.

Grant RecipientAmount

SOUTHSIDE COMMUNITY DEVELOPMENT AND HOUSING CORPORATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: PROGRAM SUPPORT: RENTAL/MORTGAGE ASSISTANCE

$187,500

SACRED HEART CENTER

Org PageRecipient Profile

Richmond, VA

PURPOSE: PROGRAM SUPPORT: RENTAL/MORTGAGE ASSISTANCE

$142,500

CROSSOVER HEALTHCARE MINISTRY

PURPOSE: PROGRAM SUPPORT: GENERAL OPERATING SUPPORT

$130,000

DAILY PLANET HEALTH SERVICES

PURPOSE: PROGRAM SUPPORT: GENERAL OPERATING SUPPORT

$130,000

CAPITAL AREA HEALTH NETWORK

PURPOSE: PROGRAM SUPPORT: GENERAL OPERATING SUPPORT

$100,000

Richmond, VA

PURPOSE: PROGARM SUPPORT: GENERAL OPERATING SUPPORT

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Richmond Memorial Health Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
National Foundation For The Ctrs For Disease Contr & Prevention Inc

Atlanta, GA

PURPOSE: EMERGENCY RESPONSE FUND-CORONAVIRUS

$25,000
View Grant Recipient Profile

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