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Passes our checks

Rambam Health Corporation

EIN 30-0078108 · Israel

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak43 out of 100GovernanceGood72 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The fund is involved in research in the medical field, promoting and development in the medical science in variety of fields, as well as, provide service to medical projects for the benefit of the Rambam Hospital as well as the general public.The Fund is an organization actively involved in providing medical care in conjunction with the Rambam. Medical Center. The Rambam Medical Center is one of ten public hospitals owned and run by the government of the State of Israel. The Rambam Medical Center (the "Hospital") and the other nine governmental hospitals are under the strict supervision of the Ministry of Health of the State of Israel, as such, the Hospital's budget is closely controlled by the Ministry of Health as it is difficult and time consuming for the Hospital to obtain authorization to make additional expenditures and provide additional services to the community because of the very tight budget constraints of the State of Israel.The Fund obtains most of its support from supplyi

Income
$201.5 million
Spending
$201.4 million
Spent on programs
95%
Reserves
0.2 months of spending
Largest source of income
fees for its services, 85%
Employees
0
Highest pay
$507,906

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 43 out of 100. Higher than 20% of charities in its peer group (health care, over $100m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.2 months of spending.

  • Debt

    2 of 20

    It owes 95% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    10 of 15

    Income fell 1% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 72 out of 100. Higher than 7% of charities in its peer group (health care, over $100m).

  • Independent board

    5 of 25

    2 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 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 (1)
  1. $191.0 million spent. The fund for research provide clinical and consulting services to the general Israeli governmental hospital rambam in Haifa, Israel. these services are provided by the staff of the fund. in addition The fund for research receives donations from a variety of entities in Israel and the US. The donations serve different wards in the hospital such as: Oncology, Intensive Care, Aids Testing, Children's Wing, etc.Some donations are restricted to specific requests made by the donor. Some are earmarked to be used by the discretion of the head of a ward or the fund management. These donations are used for such things as acquisition of medical equipment, leasehold improvements, salaries and other expenses. In addition, donations are also used for research and development in the different medical fields, and for the betterment of basic patient care. Research grants have been awarded by a variety of organizations and entities in Israel and the US. The grants received are used in medical research in a variety of fields such as nephrology, hematology, cardiology, pathology, neurology, immunology and the liver department among others.It is among other missions of the fund to initiate, advance and support clinical and practical laboratory research in all medical fields, as well as develop and provide medical services for the benefit of the patient and the general public in Israel.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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.