Intermountain Healthcare Foundation Inc
92% goes to programs $6 to raise $100 Strong reserves
Intermountain Healthcare Foundation Inc is a 501(c)(3) organization based in Salt Lake Cty, Utah, registered in 2009, with $88,811,140 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
36 S State St Ste 2200, Salt Lake Cty, UT, 84111 EIN 80-0225150 Since 2009
Revenue (FY2024)
$88.8M
▲ 28.5% vs prior year
Health median: $840K
Expenses (FY2024)
$66.6M
Net assets
$552.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating92% to programs · $6 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Intermountain Healthcare Foundation Inc: 92% to programs · $6 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating100 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Intermountain Healthcare Foundation Inc: 100 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Intermountain Healthcare Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Intermountain Healthcare Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide strategic and fiduciary leadership for philanthropic endeavors of ihc health services, inc.
Contact & location
- Address
- 36 S State St Ste 2200, Salt Lake Cty, UT, 84111
- City
- Salt Lake Cty
- State
- Utah
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.9M (FY2013) to $88.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $709.1MNet assets $552.3M
Operating margin
25.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3B
Total liabilities
$709.1M
Net assets
$552.3M
Salaries & benefits
$0
0% of expenses
Board members
10
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,811,140▲28.5% | $66,576,183▲33.1% | $552,317,166▲7.1% | $1,261,416,706▲14.8% | 990 |
| 2023 | $69,136,932▼37.8% | $50,036,900▼42.7% | $515,849,478▲11.9% | $1,098,352,123▲22.0% | 990 |
| 2022 | $111,241,800▲8.8% | $87,312,859▲104% | $460,972,080▼8.1% | $899,984,084▼11.4% | 990 |
| 2021 | $102,213,208▲19.7% | $42,700,151▲6.7% | $501,568,202▲17.2% | $1,015,622,351▲58.4% | 990 |
| 2020 | $85,402,470▼20.6% | $40,035,677▲11.8% | $427,809,160▲15.4% | $641,106,172▲15.9% | 990 |
| 2019 | $107,523,033▲98.5% | $35,817,986▼13.4% | $370,568,104▲35.2% | $553,069,901▲34.6% | 990 |
| 2018 | $54,159,642▼18.1% | $41,378,650▲55.6% | $274,011,025▼5.8% | $410,916,187▼6.3% | 990 |
| 2017 | $66,158,450▲14.1% | $26,589,114▲4.9% | $290,864,834▲26.2% | $438,333,911▲19.5% | 990 |
| 2016 | $57,988,587▲41.8% | $25,352,168▲68.9% | $230,479,366▲23.2% | $366,757,391▲25.5% | 990 |
| 2015 | $40,908,865▲27.3% | $15,007,471▼59.4% | $187,020,402▲9.2% | $292,261,546▲2.0% | 990 |
| 2014 | $32,126,453▲3.9% | $36,994,457▲117% | $171,265,555▼1.6% | $286,574,244▲7.9% | 990 |
| 2013 | $30,909,230 | $17,074,046▲10450% | $174,025,417▲52689% | $265,532,742▲80446% | 990 |
| 2011 | — | $161,832▲68.7% | $329,665▲8.3% | $329,665▲8.3% | 990 |
| 2010 | — | $95,943 | $304,306 | $304,306 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Albert R Zimmerli | Trustee / Sec / Chair (partial) | 1 | — |
| A Marc Harrison Md | Former Officer | 0 | — |
| A Scott Anderson | Trustee / Chair (partial) | 1 | — |
| Brad Bonham | Trustee | 1 | — |
| Clay L Ashdown | Trustee (partial) | 1 | — |
| Colin Quincy | Treasurer | 1 | — |
| Cyndi Woodbury Gilbert | Trustee | 1 | — |
| David L Flood | Trustee / President | 1 | — |
| Greg J Matis | Secretary | 1 | — |
| James D Laub | Trustee / Vice Chair | 1 | — |
| James Martello | Vice President | 1 | — |
| Jerry Allen | Trustee | 1 | — |
| Nicole Mouskondis | Trustee | 1 | — |
| Robert W Allen | Trustee | 1 | — |
| Spencer F Eccles | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Silchester International Investors Inc | Investment Management | $253,141 |
Grants received · $91.6M total
117 grants to Intermountain Healthcare Foundation Inc totaling $91.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ihc Health Services Inc | Support community health | 2024 | $6,548,883 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $3,000,000 |
| The Community Foundation of Utah | General support | 2024 | $1,166,000 |
| Greater Horizons | Health, medicine & science | 2024 | $701,000 |
| American Endowment Foundation | Health, general | 2024 | $326,500 |
| Pew Charitable Trusts | Policy | 2024 | $101,157 |
| Independent Charitable Gift Fund | General support | 2024 | $59,460 |
| University Impact | To support organization | 2024 | $50,350 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $50,000 |
| American Cancer Society Inc | Patient support | 2024 | $37,500 |
| American Online Giving Foundation Inc | General support | 2024 | $35,100 |
| Charities Aid Foundation America | Charitable donation | 2024 | $31,035 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $10,000 |
| Community Foundation of New Jersey | Hospitals, specialty hospitals & community clinics | 2024 | $10,000 |
| Ihc Health Services Inc | Support community health | 2023 | $6,258,475 |
Grants made · $61.4M in FY2024
7 grants totaling $61.4M in FY2024. All grants made by Intermountain Healthcare Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Ihc Health Services Inc | Hospital support | $60,143,753 |
| University of Utah - Pediatric Services | Research and education | $1,052,796 |
| Ronald Mcdonald House Charities of the Intermountain Area Inc | Support community health | $53,026 |
| Alabama Childrens Hospital Foundation | Hcrn clinsite research | $50,000 |
| University of Utah | Research and education | $35,944 |
| University of Utah - Pediatric Neurosurgery | Research and education | $28,740 |
| Weber State University | Education | $12,673 |
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Frequently asked questions
- Is Intermountain Healthcare Foundation Inc a legitimate nonprofit?
- Yes. Intermountain Healthcare Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 80-0225150, based in Salt Lake Cty, Utah. Donations are tax-deductible.
- What is Intermountain Healthcare Foundation Inc's EIN?
- Intermountain Healthcare Foundation Inc's Employer Identification Number (EIN) is 80-0225150.
- How much revenue does Intermountain Healthcare Foundation Inc report?
- Intermountain Healthcare Foundation Inc reported $88,811,140 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Intermountain Healthcare Foundation Inc's spending goes to programs?
- Intermountain Healthcare Foundation Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Intermountain Healthcare Foundation Inc have?
- CharityIndex grades Intermountain Healthcare Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Intermountain Healthcare Foundation Inc's highest-paid employee make?
- The highest reported compensation on Intermountain Healthcare Foundation Inc's latest Form 990 is $0, paid to Albert R Zimmerli (Trustee / Sec / Chair (partial)).
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Data for Intermountain Healthcare Foundation Inc (EIN 80-0225150) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.