Miriam Hospital Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To be operated exclusively for charitable, scientific, and educational purposes, and more specifically, for the purpose of supporting and otherwise benefiting and being responsive to the needs of Brown University Health and its affiliates.
- Income
- $13.8 million
- Spending
- $5.3 million
- Spent on programs
- 74%
- Reserves
- 79.6 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 0
- Volunteers
- 125
- Highest pay
- $1.2 million, evp & cfo
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 93% of charities in its peer group (health care, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 79.6 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 61% of income.
Income trend
15 of 15Income rose 225% on the year before.
Spending floor
15 of 1574% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 39% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2527 of 27 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.2 million spent. Through the development and administration of its philanthropic activities, in fiscal year 2024 The Miriam Hospital Foundation (TMHF) transferred funds raised in the aggregate amount of $2,195,139 to TMH to support its operations and capital expenditures, which in turn benefits the Rhode Island community. Most notably, TMHF transferred $250,000 to GI Cancer Research Fund and $230,587 to TMH's Emergency Department to be used for its operational needs. Please see Schedule O of Form 990 for further detail related to other significant TMH programs which TMHF supported via philanthropy received during the fiscal year. Through the development and administration of its philanthropic activities, in fiscal year 2024 TMHF transferred funds raised in the aggregate amount of $2,195,139 to The Miriam Hospital (TMH) to support its operations and capital expenditures, which in turn benefits the Rhode Island community. Major program accomplishments included in Part III, Line 4a during fiscal year 2024 are as follows:TMHF transferred $250,000 to support GI cancer research, including a Research Nurse Practitioner; $230,587 to TMH's Emergency Department to be used for its operational needs; $176,866 in support to TMH's Department of Cardiology; $117,318 to TMH's Center for Innovative Cancer Treatment; and $101,650 to provide financial assistance to patients in need.
- $978,336 spent. During fiscal year 2024, TMHF granted $978,336 from its unrestricted net assets to TMH to be used in support of the following areas: (1) to support TMH Lean Daily Management Program ($250,000); (2) to TMH's Human Experience Institute to provide training and facilitate education ($220,240); (3) $120,000 to TMH's to support two Transition Care Coordinator's salaries; (4) to provide general support to TMH ($101,655); (5) general support to TMH Staff and Patient Wellness Program ($100,000); (6) to provide salary support for a full time Mental Health Psychologist ($99,877); (7) TMH's Complex Care Social Work grant ($85,000); and (8) nursing education and research at TMH ($80,000).
- $480,366 spent. TMHF transferred $480,366 to support the expansion of Mobile Integrated Healthcare (MIH) by hiring a second community health worker dedicated to The Miriam Emergency Department, as well as a mobile integrated healthcare program coordinator, and provide funds needed for staff and patient care supplies. MIH brings care to patients outside of the hospital setting using mobile resources. Skilled medical staff, paramedics, and community health workers, collaborate to provide patients with the care they need, wherever their home is. This includes helping them access primary care physicians, follow up care after a hospital admission, wound and burn care support, and chronic disease management, as well as food and housing insecurity resources.
- OTHER PROGRAM SERVICES 4: TMHF provided $322,709 to The Warren Alpert Medical School of Brown University in fiscal year 2024 in support of shared chairs in geriatrics, cardiology, immunology, and oncology.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.