Memorial Hermann Foundation
83% goes to programs $7 to raise $100 Strong reserves Growing revenue
Memorial Hermann Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1971, with $88,610,493 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
929 Gessner Rd Ste 1900, Houston, TX, 77024 EIN 74-1653640 Since 1971
Revenue (FY2023)
$88.6M
▲ 81.9% vs prior year
Health median: $840K
Expenses (FY2023)
$42.0M
Net assets
$194.2M
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
AProgram efficiency40% of the rating83% to programs · $7 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 Memorial Hermann Foundation: 83% to programs · $7 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating55 mo reserves · +53% 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 Memorial Hermann Foundation: 55 mo reserves · +53% margin earns a A 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 Memorial Hermann Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Memorial Hermann Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide fundraising support and promotional efforts to memorial hermann health system and its tax exempt affiliates and the programs and functions that they conduct.
What they do
Disbursements for the benefit of patients, employees, and retired employees of memorial hermann health system and its affiliates who demonstrated a need for financial assistance because of an existing or continuing hardship including that of a federally declared disaster area.
Disbursements to and on behalf of memorial hermann health system and its affiliates to fund public, physicians, and employee training programs, health awareness, continuing education, medical seminars, physician graduate medical education programs, and other medical courses of study.
Contact & location
- Address
- 929 Gessner Rd Ste 1900, Houston, TX, 77024
- City
- Houston
- State
- Texas
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.2M (FY2013) to $88.6M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.3MNet assets $194.2M
Operating margin
52.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$196.5M
Total liabilities
$2.3M
Net assets
$194.2M
Salaries & benefits
$4.3M
10% of expenses
Board members
44
43 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,610,493▲81.9% | $42,027,680▲39.2% | $194,201,392▲23.8% | $196,517,749▲23.9% | 990 |
| 2022 | $48,715,319▲79.4% | $30,185,203▼0.9% | $156,851,489▲14.2% | $158,610,863▲14.4% | 990 |
| 2021 | $27,149,631▼51.6% | $30,452,989▼1.8% | $137,350,177▼7.7% | $138,643,234▼7.9% | 990 |
| 2020 | $56,051,722▲66.2% | $30,995,662▲2.9% | $148,834,680▲18.5% | $150,513,781▲17.4% | 990 |
| 2019 | $33,729,240▲48.7% | $30,118,047▲37.9% | $125,582,643▲1.2% | $128,175,720▲2.5% | 990 |
| 2018 | $22,688,670▼7.6% | $21,844,960▲16.0% | $124,151,052▼0.5% | $125,008,262▼1.6% | 990 |
| 2016 | $24,567,432▼42.4% | $18,831,202▼19.5% | $124,762,466▲12.2% | $127,025,088▲10.0% | 990 |
| 2015 | $42,625,324▲71.8% | $23,395,039▲7.5% | $111,220,377▲18.4% | $115,433,954▲18.0% | 990 |
| 2014 | $24,812,281▲12.0% | $21,759,536▼5.7% | $93,960,582▲1.2% | $97,859,638▲1.8% | 990 |
| 2013 | $22,155,930 | $23,068,488▲12.5% | $92,872,683▲3.9% | $96,104,321▲6.6% | 990 |
| 2012 | — | $20,505,488▼0.2% | $89,411,213▲7.5% | $90,195,622▲7.1% | 990 |
| 2011 | — | $20,551,249▲22.3% | $83,145,424▲10.6% | $84,242,269▲10.7% | 990 |
| 2010 | — | $16,800,485▼13.6% | $75,195,249▲16.2% | $76,117,030▲15.5% | 990 |
| 2009 | — | $19,442,372 | $64,720,616 | $65,904,464 | 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 (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| A Blake Williams | Director | 1 | — |
| Adrienne Amin | Director | 1 | — |
| Alec King | Treasurer | 1 | — |
| Alejandra Loessin | Secretary | 1 | — |
| Amy Pierce | Director | 1 | — |
| Anne E Neeson | Ceo | 1 | — |
| Brent Secrest | Director | 1 | — |
| Caralisa M Simon | Director | 1 | — |
| Carin Barth | Director | 1 | — |
| David L Callender | President | 1 | — |
| David N Greenberg | Director | 1 | — |
| Deborah Byers | Director | 1 | — |
| Deborah Gordon | Secretary | 1 | — |
| D Martin Phillips | Director | 1 | — |
| Douglas W Schnitzer | Director | 1 | — |
| Edd C Hendee | Director | 1 | — |
| Ed Emmett | Director | 1 | — |
| Franklin Dr Jones Jr | Director | 1 | — |
| Fred Zeidman | Director | 1 | — |
| Gary R Petersen | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ward Ames Entertainment | Event Management | $1,194,149 |
| Sterling Associates | Philanthropy Consltg | $619,831 |
| Pennebaker Inc | Marketing Services | $216,969 |
Grants received · $59.3M total
204 grants to Memorial Hermann Foundation totaling $59.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $524,371 |
| Greater Houston Community Foundation | Health | 2024 | $182,950 |
| American Cancer Society Inc | Patient support | 2024 | $100,000 |
| American Cancer Society Inc | Patient support | 2024 | $80,000 |
| Community Foundation of New Jersey | General, rehab or health advocacy | 2024 | $25,000 |
| National Christian Charitable Foundation | Medical care | 2024 | $22,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $12,500 |
| The Blackbaud Giving Fund | General support | 2024 | $6,436 |
| Greater Kansas City Community Foundation | Health, medicine & science | 2024 | $6,000 |
| Memorial Hermann Health System | Support charitable programs | 2023 | $8,367,973 |
| American Online Giving Foundation Inc | General support | 2023 | $1,064,537 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $448,547 |
| Greater Houston Community Foundation | Health | 2023 | $259,240 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $100,000 |
Grants made · $31.6M in FY2023
1 grant totaling $31.6M in FY2023. All grants made by Memorial Hermann Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Memorial Hermann Health System | Supported org | $31,580,504 |
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Frequently asked questions
- Is Memorial Hermann Foundation a legitimate nonprofit?
- Yes. Memorial Hermann Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1653640, based in Houston, Texas. Donations are tax-deductible.
- What is Memorial Hermann Foundation's EIN?
- Memorial Hermann Foundation's Employer Identification Number (EIN) is 74-1653640.
- How much revenue does Memorial Hermann Foundation report?
- Memorial Hermann Foundation reported $88,610,493 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Memorial Hermann Foundation's spending goes to programs?
- Memorial Hermann Foundation spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Memorial Hermann Foundation have?
- CharityIndex grades Memorial Hermann Foundation A, based on program efficiency and fundraising cost.
- How much does Memorial Hermann Foundation's highest-paid employee make?
- The highest reported compensation on Memorial Hermann Foundation's latest Form 990 is $0, paid to A Blake Williams (Director).
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Data for Memorial Hermann Foundation (EIN 74-1653640) 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.