Tampa General Hospital Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE TAMPA GENERAL HOSPITAL FOUNDATION EXCLUSIVELY OPERATES FOR THE PURPOSE OF RAISING FUNDS TO SUPPORT THE RESEARCH, EDUCATION AND SERVICE MISSION OF FLORIDA HEALTH SCIENCES CENTER, INC. DBA TAMPA GENERAL HOSPITAL. TAMPA GENERAL IS A 981 BED, PRIVATE, NOT-FOR-PROFIT, SAFETY NET HOSPITAL AND ONE OF THE MOST COMPREHENSIVE MEDICAL FACILITIES IN WEST CENTRAL FLORIDA SERVING A DOZEN COUNTIES WITH A POPULATION IN EXCESS OF 4 MILLION.
- Income
- $52.5 million
- Spending
- $9.9 million
- Spent on programs
- 94%
- Reserves
- 17.6 months of spending
- Largest source of income
- donations and private grants, 96%
- Employees
- 0
- Volunteers
- 69
- Highest pay
- $2.7 million, ex officio
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 17.6 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 81% of income.
Income trend
15 of 15Income rose 116% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 1 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: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2526 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
5 of 5Sets its chief executive's pay through independent review and comparison.
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)
- $1.4 million spent. FUND FOR THE FUTURE- PDI- THE TAMPA GENERAL HOSPITAL FOUNDATION PROVIDES FUNDING FOR A COMPREHENSIVE HEALTHCARE PEOPLE DEVELOPMENT INSTITUTE THAT WILL SUPPORT ALL TEAM MEMBERS' CAREER ASPIRATIONS AND EQUIP THEM WITH THE SKILLS TO DRIVE THEIR DEVELOPMENT AND ACHIEVE TGH'S VISION TO BE THE SAFEST, MOST INNOVATIVE ACADEMIC HEALTH SYSTEM IN AMERICA.
- $1.1 million spent. THE DEBARTOLO FAMILY GLOBAL EMERGING DISEASES FUND- THE TAMPA GENERAL HOSPITAL FOUNDATION PROVIDES OPPORTUNITIES AND SUPPORT TO THE HOSPITAL IN ITS MISSION TO CARE FOR EVERYONE, EVERY DAY.
- $1.1 million spent. MASTER FACILITY PLAN - TAMPA GENERAL FOUNDATION PROVIDES SUPPORT FOR TEAM MEMBERS AND FOR THE EXPANSION AND GROWTH OF TAMPA GENERAL HOSPITAL.
- $5.8 million spent. FUNDED OPERATIONAL, EDUCATIONAL AND/OR CAPITAL PURCHASES SUPPORT TO FLORIDA HEALTH SCIENCES CENTER, INC. DBA TAMPA GENERAL HOSPITAL. SPECIFIC GRANTS INCLUDED NURSING SCHOLARSHIPS, SMALL CAPITAL EQUIPMENT TO IMPROVE PATIENT SERVICES, HOSPITAL EMPLOYEE EMERGENCY ASSISTANCE AND SUPPORT OF HOSPITAL COMMUNITY OUTREACH, EDUCATIONAL SEMINARS AND REHAB PROGRAMS.
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 September 1976.
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.