Mercy Healthcare Foundation
THE MERCY HEALTHCARE FOUNDATION IS A NON-PROFIT ORGANIZATION CONCEIVED WITH THE SOLE PURPOSE OF HELPING OUR COMMUNITY THROUGH OUR COMMUNITY HOSPITAL. WE ARE DEDICATED TO THE SUPPORT OF PROGRAMS AND PROJECTS THAT WILL EXPAND AND ENHANCE HEALTHCARE, EDUCATION, AND OTHER HEALTH-RELATED SERVICES THROUGHOUT THE AREA. BY PROVIDING SUPPORT TO MERCY HOSPITAL WITH SUPPLEMENTAL FUNDING FOR CAPITAL AND PROGRAM NEEDS ESSENTIAL TO THE HOSPITAL'S GROWTH AND DEVELOPMENT, WE ARE STRIVING TO BUILD AND MAINTAIN A HIGH QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING THE FINEST HEALTHCARE POSSIBLE, AT THE MOST AFFORDABLE COST POSSIBLE. THIS WILL BE DONE BY: 1. RECEIVING, HOLDING, INVESTING, AND DISPENSING THE ASSETS DONATED AND RAISED FOR HEALTH CARE AND CHARITABLE ACTIVITIES. 2. PROVIDING A RETURN ON INVESTMENT THAT ENSURES GROWTH TO THE FUNDS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$5.8M
+10.6% YoY
Annual Giving
$56K
Grant Count
1
Avg Grant Size
$56K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,821,271 | $5,264,436 | $4,814,027 |
| Revenue | $229,831 | $454,793 | $377,052 |
| Expenses | $77,532 | $16,659 | $206,974 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $193,993 | $107,767 | $298,846 |
| 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 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Mercy Healthcare Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIM SCHNACK | MARKET CFO (BEG 05/24) | 1 | — |
| NICK O'TOOL | MARKET CFO (END 05/24) | 1 | — |
| REBECCA THOMPSON | FORMER INTERIM PRESIDENT | — | — |
| D RYAN FOWLER | PRESIDENT MHVC | 1 | — |
| AMBER STOWMAN | TREASURER (BEG 09/23)/VP OP FIN | 1 | — |
| BETH SMITH | TREASURER (END 9/23)/MANAGER FIN | 1 | — |
| STEPHEN SPICKENREUTHER | FORMER FOUNDATION DIRECTOR | — | — |
| KAYLA BEILKE | BOARD SECRETARY/FOUNDATION DIRECTOR | 40 | — |
| RACHAEL STORBECK | BOARD MEMBER/CHAIR (BEG 03/24) | 1 | — |
| TIM OST | BOARD MEMBER (END 4/24) | 1 | — |
| CINDY WAAGEN | CHAIR (END 3/24) | 1 | — |
| JAMES JENSEN | BOARD MEMBER | 1 | — |
| JESSICA GALT | BOARD MEMBER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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