The Nemours Foundation
82% goes to programs $5 to raise $100 Strong reserves Growing revenue
The Nemours Foundation is a 501(c)(3) organization based in Jacksonville, Florida, registered in 1981, with $2,357,991,833 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
10140 Centurion Pkwy N, Jacksonville, FL, 32256 EIN 59-0634433 Since 1981
Revenue (FY2024)
$2.4B
▲ 13.0% vs prior year
Health median: $840K
Expenses (FY2024)
$2.1B
Net assets
$2.5B
Employees
11,112
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 rating82% to programs · $5 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 The Nemours Foundation: 82% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +10% 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 The Nemours Foundation: 14 mo reserves · +10% 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 The Nemours Foundation: 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 The Nemours Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Nemours mission is to provide leadership, institutions, and services to restore and improve the health of children through care and programs not readily available, with one high standard of quality and distinction regardless of the recipient's financial status.
Contact & location
- Address
- 10140 Centurion Pkwy N, Jacksonville, FL, 32256
- City
- Jacksonville
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $986.3M (FY2013) to $2.4B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $941.3MNet assets $2.5B
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4B
Total liabilities
$941.3M
Net assets
$2.5B
Salaries & benefits
$1.3B
60% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,357,991,833▲13.0% | $2,111,711,586▲15.5% | $2,484,679,710▲8.5% | $3,425,994,520▲12.0% | 990 |
| 2023 | $2,085,972,065▲7.6% | $1,828,571,024▲10.6% | $2,290,631,246▲15.2% | $3,058,493,548▲10.2% | 990 |
| 2022 | $1,938,260,783▲12.2% | $1,653,344,820▲11.7% | $1,987,807,670▲21.5% | $2,774,227,208▲6.1% | 990 |
| 2021 | $1,727,136,320▲17.7% | $1,480,686,836▲5.2% | $1,635,901,580▲22.3% | $2,613,649,761▲10.9% | 990 |
| 2020 | $1,467,979,097▼4.0% | $1,406,939,336▼2.7% | $1,337,878,166▲0.1% | $2,357,235,777▲3.1% | 990 |
| 2019 | $1,528,462,384▲6.3% | $1,446,048,493▲7.1% | $1,336,049,498▲4.7% | $2,285,597,717▲10.2% | 990 |
| 2018 | $1,437,770,463▲6.5% | $1,350,209,983▲6.0% | $1,275,889,473▲6.4% | $2,074,345,798▲1.8% | 990 |
| 2017 | $1,350,443,609▲4.0% | $1,273,444,980▲7.2% | $1,198,990,792▲3.8% | $2,036,864,157▲4.4% | 990 |
| 2016 | $1,298,293,707▲13.9% | $1,188,302,572▲8.2% | $1,155,546,227▲5.9% | $1,951,297,349▲6.2% | 990 |
| 2015 | $1,139,556,662▲6.2% | $1,098,684,634▲5.8% | $1,090,764,216▲11.6% | $1,837,196,442▲5.2% | 990 |
| 2014 | $1,073,154,932▲8.8% | $1,038,022,995▲7.9% | $977,021,743▼11.2% | $1,746,257,353▲1.3% | 990 |
| 2013 | $986,272,454 | $961,747,023▲13.4% | $1,099,727,797▲15.0% | $1,724,198,457▲1.7% | 990 |
| 2012 | — | $847,908,437▲18.3% | $955,959,260▼5.2% | $1,695,279,372▲1.5% | 990 |
| 2011 | — | $716,676,450▲8.0% | $1,008,095,577▲2.0% | $1,670,510,557▲5.2% | 990 |
| 2010 | — | $663,409,643 | $987,915,182 | $1,588,536,435 | 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)
Highest-paid: R Lawrence Moss Md — $2,737,399 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| R Lawrence Moss Md | President and Ceo | 40 | $2,737,399 |
| Christian Pizarro Md | Chair, Dept of Cardiac Services, Dv | 40 | $2,396,524 |
| Peter D Wearden Md | Chair, Cardiovascular Svcs Fl, Dir of Early Autism | 40 | $1,887,015 |
| Michael J Erhard Md | President, North Fl Region (to Oct '24) | 40 | $1,607,723 |
| Mark Mumford | Evp, Chief Operating Officer | 40 | $1,510,754 |
| Suken A Shah Md | Chair, Orthopedics, Dv | 40 | $1,448,259 |
| Rodney A Mckendree | Evp, Cfo and Business Svcs Officer | 40 | $1,406,775 |
| Katherine Deans Md | Surgeon In Chief | 40 | $1,384,664 |
| Gina Altieri | Evp, Chief Communications Officer (to May '24) | 40 | $1,183,932 |
| James Digan | Evp, Chief Development Officer | 40 | $1,122,776 |
| Martha G Mcgill | President, Central Fl Region | 40 | $1,025,703 |
| Matthew Davis | Enterprise Chief Physician & Scientific Officer | 40 | $997,092 |
| Laura A Kowal | Svp, General Counsel | 40 | $792,211 |
| Kara Walker | Evp, Chief Population Health Officer | 40 | $781,266 |
| Jane M Mericle | Evp, Chief Nursing Exec & Pt Ops | 40 | $753,400 |
| Pauline M Corso | Svp, Chief Operating Officer, Dv (to Jan '24) | 40 | $738,626 |
| Bernard E Rice | Svp, Chief Information Officer | 40 | $724,543 |
| Mark Marcantano | President, Delaware Valley | 40 | $697,466 |
| Mary Lee | Evp, Chief Phys & Scientific Officer (end Apr '23) | 0 | $640,758 |
| Kevin Carraccio | Svp, Philanthropy | 40 | $615,512 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hsc Builders and Construction Manager | Building & Construction | $20,600,533 |
| Bpgs Construction LLC | Building & Construction | $20,420,614 |
| Turner Construction Company | Building & Construction | $18,215,793 |
| Crothall Health Care Inc | Housekeeping & Laundry Sv | $14,902,615 |
| Medicus Anesthesia Services LLC | Contract Staffing | $10,375,034 |
Grants received · $838.7M total
292 grants to The Nemours Foundation totaling $838.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Alfred I Dupont Charitable Trust | Pediatric healthcare | 2024 | $260,183,347 |
| American Lung Association | Research | 2024 | $474,465 |
| Pga Tour Inc | General support | 2024 | $464,783 |
| Cystic Fibrosis Foundation | Cf care center | 2024 | $448,060 |
| Breakthrough T1d | T1d research | 2024 | $212,296 |
| American Diabetes Association Inc | Innovative research to support the psychological and emotional needs of people with diabetes | 2024 | $146,957 |
| Muscular Dystrophy Association | Medical diagnosis | 2024 | $100,000 |
| Cystic Fibrosis Foundation | Clinical research center | 2024 | $84,132 |
| Cystic Fibrosis Foundation | Quality improvement | 2024 | $71,520 |
| American Online Giving Foundation Inc | General support | 2024 | $60,470 |
| Public Health Institute | Research | 2024 | $44,682 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Public Health Institute | Research | 2024 | $29,000 |
| Cystic Fibrosis Foundation | Adherence | 2024 | $23,128 |
| Public Health Institute | Capacity building | 2024 | $11,500 |
Grants made · $51.7M in FY2024
80 grants totaling $51.7M in FY2024 — showing the 15 largest. All grants made by The Nemours Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Adventist Health System-sunbelt Inc | Donation | $45,000,000 |
| University of Central Florida Foundation Inc | Donation | $4,275,597 |
| 4roots Foundation Inc | Donation | $181,627 |
| Delaware Community Foundation | Donation | $176,218 |
| Ronald Mcdonald House Charities of Greater Delaware Inc | Donation | $136,540 |
| Ronald Mcdonald House Charities of Central Florida Inc | Donation | $105,867 |
| Blood Cancer United Inc | Donation | $100,000 |
| American Heart Association Inc | Donation | $77,500 |
| Boys & Girls Clubs of Central Florida | Donation | $66,000 |
| The Jim and Tabitha Furyk Foundation Inc | Donation | $65,000 |
| Young Mens Christian Association of Delaware | Donation | $62,995 |
| Blessings In A Backpack Inc | Donation | $61,000 |
| Mental Health Association of Central Florida Inc | Donation | $61,000 |
| Peace and Justice Institute Inc | Donation | $60,000 |
| Healthy Foods For Healthy Kids Inc | Donation | $45,000 |
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Frequently asked questions
- Is The Nemours Foundation a legitimate nonprofit?
- Yes. The Nemours Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-0634433, based in Jacksonville, Florida. Donations are tax-deductible.
- What is The Nemours Foundation's EIN?
- The Nemours Foundation's Employer Identification Number (EIN) is 59-0634433.
- How much revenue does The Nemours Foundation report?
- The Nemours Foundation reported $2,357,991,833 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Nemours Foundation's spending goes to programs?
- The Nemours Foundation spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Nemours Foundation have?
- CharityIndex grades The Nemours Foundation A, based on program efficiency and fundraising cost.
- How much does The Nemours Foundation's highest-paid employee make?
- The highest reported compensation on The Nemours Foundation's latest Form 990 is $2,737,399, paid to R Lawrence Moss Md (President and Ceo).
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Data for The Nemours Foundation (EIN 59-0634433) 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.