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METHODIST HOSPITAL FOUNDATION

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Public nonprofit record

METHODIST HOSPITAL FOUNDATION

EIN 23-2014559 · Single Organization Support (E11)

What they do

THE METHODIST HOSPITAL FOUNDATION ("FOUNDATION") is A PUBLIC CHARITY WHICH SERVES AS THE FUND-RAISING ARM of METHODIST HOSPITAL. THE FOUNDATIONS CHARITABLE MISSION is to RAISE FUNDS and PROVIDE GRANTS to SUPPORT THE DELIVERY of HEALTHCARE SERVICES AT METHODIST HOSPITAL and WITHIN THE SURROUNDING COMMUNITY. THE FOUNDATION ALLOWS METHODIST HOSPITAL to CONTINUE ITS STEWARDSHIP of ITS COMMUNITY. IN 1998, THE METHODIST HOSPITAL FOUNDATION BEGAN to SOLICIT GRANT REQUESTS FROM THE PUBLIC SECTOR for HEALTHCARE RELATED PROGRAMS. THE GRANT PROGRAM EMPOWERS GRASS ROOTS ORGANIZATIONS BY MAKING AVAILABLE to THEM THE FINANCIAL RESOURCES THEY SO DESPERATELY NEED to PROVIDE HOME CARE, ELDER CARE, FAMILY and CHILDREN SERVICES and OTHER PROGRAMS THAT UNITE OUR DIVERSE NEIGHBORHOOD and KEEP IT STRONG. SINCE THAT TIME, THE FOUNDATION HAS REINVESTED OVER $1,500,000 IN THE COMMUNITY THROUGH ITS GRANT PROGRAM. THE GRANTS AWARDED REPRESENT A COLLABORATIVE EFFORT BETWEEN OUR COMMUNITY CENTERS and ORGANIZATION

Money

Financial picture

Tax year 2024
Revenue$1,564,987
Expenses$240,088
Assets$14,574,310
Income$1,600,553
Contributions$61,398
Grants given$1,456,364
Average grant$24,273

About this charity

Recognized since
January 1977
Location
2301 SOUTH BROAD STREET, PHILADELPHIA, PA 191483542
County
Philadelphia
In care of
MICHAEL HARRINGTON
Primary officer
MICHAEL HARRINGTON, EVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
WITHUMSMITHBROWN PC
NTEE classification
Single Organization Support (E11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Activity
602179000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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