Swedish Medical Center Foundation
73% goes to programs $8 to raise $100 Strong reserves Growing revenue
Swedish Medical Center Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 1978, with $77,149,780 in FY2024 revenue. CharityIndex grades it B+, and it directs about 73% of spending to programs.
747 Broadway, Seattle, WA, 98122 EIN 91-0983214 Since 1978
Revenue (FY2024)
$77.1M
▲ 111.1% vs prior year
Health median: $840K
Expenses (FY2024)
$31.1M
Net assets
$198.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating73% to programs · $8 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 Swedish Medical Center Foundation: 73% to programs · $8 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating77 mo reserves · +60% 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 Swedish Medical Center Foundation: 77 mo reserves · +60% 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 Swedish Medical Center 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 Swedish Medical Center Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Swedish medical center foundation is the fundraising arm of swedish health services.
What they do
See schedule o.research: because of the support of our community we are able to do research that changes lives. for instance, in the ben and catherine ivey center, scientists are researching how a common virus may drive deadly brain cancers and breast cancers to spread. in the swedish cancer institute, physicians are working with scientists to discover how a woman's genetics and environment affect her wellness after breast cancer treatment. and in the swedish heart and vascular institute, a team is conducting numerous clinical trials to improve outcomes for patients with heart failure.
See schedule o.the swedish cancer institute: thanks to the generous support of our community, among our most significant accomplishments of 2017 was the renovation of the third-floor treatment rooms at the swedish cancer institute at our first hill campus. because of our donors, we were able to create new floor plans to maximize space while also providing new artwork, refreshed pain, state-of-the-art equipment, ergonomic chairs and enhanced wi-fi, all of which offers nurses, patients and their loved ones a more nurturing and comfortable environment to give and receive care.
Swedish orthopedic institute: thanks to the support of our community, we were able to advance a new model of hip and pelvis care through the hansjoerg wyss hip and pelvis center. the wyss center is training a new generation of hip and pelvis surgeons who want to continue developing surgical techniques to help patients with complex hip issues.
Contact & location
- Address
- 747 Broadway, Seattle, WA, 98122
- City
- Seattle
- State
- Washington
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $16.3M (FY2013) to $77.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.7MNet assets $198.3M
Operating margin
59.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$201.9M
Total liabilities
$3.7M
Net assets
$198.3M
Salaries & benefits
$5.7M
18% of expenses
Board members
15
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,149,780▲111% | $31,085,114▲21.6% | $198,251,934▲38.4% | $201,908,756▲37.0% | 990 |
| 2023 | $36,544,463▲23.0% | $25,566,977▼7.1% | $143,224,987▲9.2% | $147,400,245▲8.9% | 990 |
| 2022 | $29,716,152▼17.8% | $27,525,732▼2.8% | $131,154,871▼12.0% | $135,394,870▼9.7% | 990 |
| 2021 | $36,132,164▲56.6% | $28,306,624▲10.5% | $149,032,026▲8.7% | $149,925,707▲8.8% | 990 |
| 2020 | $23,074,936▼13.1% | $25,608,818▲40.6% | $137,150,449▲5.2% | $137,774,938▲3.1% | 990 |
| 2019 | $26,543,615▼32.8% | $18,214,418▲25.8% | $130,330,911▲18.1% | $133,585,121▲16.8% | 990 |
| 2018 | $39,523,050▲156% | $14,481,959▲22.6% | $110,359,101▲15.2% | $114,362,223▲15.3% | 990 |
| 2017 | $15,424,557▼17.6% | $11,807,959▼0.1% | $95,813,033▲10.7% | $99,176,039▲7.1% | 990 |
| 2016 | $18,723,157▼43.6% | $11,825,048▲7.3% | $86,521,987▲12.3% | $92,631,603▲13.3% | 990 |
| 2015 | $33,170,739▲172% | $11,016,533▼1.7% | $77,011,457▲13.1% | $81,762,757▲13.3% | 990 |
| 2014 | $12,181,494▼25.2% | $11,202,296▼30.9% | $68,070,683▲3.2% | $72,134,543 | 990 |
| 2013 | $16,288,705 | $16,200,242▲16.1% | $65,970,754▲3.3% | $72,166,499▲1.2% | 990 |
| 2012 | — | $13,947,691▼47.9% | $63,853,544▲9.2% | $71,325,390▲13.7% | 990 |
| 2011 | — | $26,790,055▲136% | $58,500,632▼10.1% | $62,731,818▼10.5% | 990 |
| 2010 | — | $11,350,845 | $65,052,360 | $70,053,804 | 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 |
|---|---|---|---|
| Andrea King | Frmr Off. - Smcf Senior Exec. Dir. | 50 | — |
| Connie Wong | Board Member | 0.5 | — |
| Elizabeth Wako | Board Member | 0.5 | — |
| Eric Delgado | Treasurer/cfo | 50 | — |
| Eugene Pepper Toomey | Board Member - Thru 12/31/24 | 0.5 | — |
| Gregg Simpson | Chief Philanthropy Off. | 50 | — |
| Hilary Domeika | Secretary/sr Corp Council | 1 | — |
| Kate Marks | Board Member | 0.5 | — |
| Kathleen Wright | Board Chair | 1 | — |
| Lynn Manley | Board Member | 0.5 | — |
| Marilyn Valentine | Board Member | 0.5 | — |
| Mark Lowdermilk Md | Board Member | 0.5 | — |
| Marybeth Formby | Frmr Off. - Division Cfo - North | 0 | — |
| Michael Slonski | Board Member | 0.5 | — |
| Peter Cramer | Board Member - Thru 12/31/24 | 0.5 | — |
| Romar Riojas | Board Member | 0.5 | — |
| Ronald Berenstain | Board Vice Chair | 1 | — |
| Sara Jo Grethlein Md | Board Member | 0.5 | — |
| Stan Moser | Frmr Off. - Interim Cfo | 0 | — |
| Tanya Sorensen Md | Board Member | 0.5 | — |
Top vendors & contractors (FY2015)
| Contractor | Services | Paid |
|---|---|---|
| Meng Finseth Peeps & Associates | Executive Search | $165,000 |
Grants received · $62.4M total
242 grants to Swedish Medical Center Foundation totaling $62.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Seattle Foundation | To provide general support | 2024 | $767,826 |
| The Seattle Foundation | For the robert l. and katherine a. calhoun endowed fund for music therapy | 2024 | $146,412 |
| American Online Giving Foundation Inc | General support | 2024 | $116,646 |
| National Christian Charitable Foundation | Medical care | 2024 | $50,000 |
| American Cancer Society Inc | Patient support | 2024 | $45,000 |
| American Cancer Society Inc | Patient support | 2024 | $45,000 |
| Parkinsons Foundation Inc | Center of excellence grants | 2024 | $20,000 |
| The Seattle Foundation | To support eye research. | 2024 | $18,960 |
| American Endowment Foundation | Health, general | 2024 | $14,500 |
| The Seattle Foundation | To provide general support | 2024 | $10,000 |
| The Seattle Foundation | To provide general support | 2024 | $10,000 |
| The Seattle Foundation | To provide general support | 2024 | $10,000 |
| The Seattle Foundation | To help fund programs that support needy women with cancer and their children. | 2024 | $9,871 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,067 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $6,000 |
Grants made · $22.7M in FY2024
2 grants totaling $22.7M in FY2024. All grants made by Swedish Medical Center Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Swedish Health Services | Operational support | $22,397,625 |
| Swedish Edmonds | Operational support | $271,474 |
Similar organizations in Health
Health
Columbia Basin Health Association
Othello, WA
$76.4M
Aannual revenue
Health
Planned Parenthood Great Northwest Hawaii Alaska Indiana & Ky Inc
Seattle, WA
$78.6M
Aannual revenue
Health
Community Health Center of Snohomish County
Everett, WA
$74.4M
C+annual revenue
- Health
Enumclaw Regional Hospital Association
Enumclaw, WA
$83.4M
B+annual revenue
Health
Lifecenter Northwest
Bellevue, WA
$85.4M
Aannual revenue
Health
Columbia Valley Community Health
Wenatchee, WA
$68.7M
Aannual revenue
Health
Seattle Childrens Healthcare System
Seattle, WA
$63.6M
C+annual revenue
Health
Community Health Care
Tacoma, WA
$91.8M
Aannual revenue
- Health
Caroline Kline Galland Home
Seattle, WA
$60.9M
A+annual revenue
Health
Peninsula Community Health Services
Bremerton, WA
$57.9M
Bannual revenue
Compare Swedish Medical Center Foundation
Frequently asked questions
- Is Swedish Medical Center Foundation a legitimate nonprofit?
- Yes. Swedish Medical Center Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-0983214, based in Seattle, Washington. Donations are tax-deductible.
- What is Swedish Medical Center Foundation's EIN?
- Swedish Medical Center Foundation's Employer Identification Number (EIN) is 91-0983214.
- How much revenue does Swedish Medical Center Foundation report?
- Swedish Medical Center Foundation reported $77,149,780 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Swedish Medical Center Foundation's spending goes to programs?
- Swedish Medical Center Foundation spends about 73% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Swedish Medical Center Foundation have?
- CharityIndex grades Swedish Medical Center Foundation B+, based on program efficiency and fundraising cost.
- How much does Swedish Medical Center Foundation's highest-paid employee make?
- The highest reported compensation on Swedish Medical Center Foundation's latest Form 990 is $0, paid to Andrea King (Frmr Off. - Smcf Senior Exec. Dir.).
More nonprofits in Seattle
Explore more
Data for Swedish Medical Center Foundation (EIN 91-0983214) 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.