Skip to the page content
Your donations
Passes our checks

Beacon Health Foundation Inc

EIN 35-1536129 · South Bend, IN

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

We deliver outstanding care, inspire health and connect with heart.

Income
$18.3 million
Spending
$6.5 million
Spent on programs
69%
Reserves
63.1 months of spending
Largest source of income
donations and private grants, 54%
Employees
0
Volunteers
16
Highest pay
$2.1 million, ceo

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

Strong: 100 out of 100. Higher than 93% of charities in its peer group (health care, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 63.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 65% of income.

  • Income trend

    15 of 15

    Income rose 353% on the year before.

  • Spending floor

    15 of 15

    69% of spending went to programs and raising each dollar of donations cost 10 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

Strong: 95 out of 100. Higher than 39% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a 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

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • 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. $4.5 million spent. On November 23, 2011, Beacon Health System, Inc. (the "Corporation") was founded as the parent organization of Memorial Hospital of South Bend, Inc. ("MHSB") and Elkhart General Hospital, Inc. ("EGH"). Its mission is to provide a comprehensive range of health-related services for North Central Indiana and Southwestern Michigan. The Corporation, along with its subsidiaries, offers a continuum of care to the community, encompassing health promotion, disease prevention, diagnosis, inpatient and outpatient care, and home health services. The Corporation oversees MHSB, EGH, Community Hospital of Bremen, Three Rivers Health, Beacon Medical Group (BMG), Beacon Health Foundation (BHF) (formerly Memorial Health Foundation, Inc. (MHF)), and Beacon Health Ventures, Inc. (BHV), collectively known as the "System."Beacon Health Foundation, Inc. (BHF) is a tax-exempt, non-private foundation. It was established in 1982 to provide philanthropic support to MHSB and continues to provide this support to the newly created Corporation through contributions and management of endowment funds. Beacon Health Foundation's mission is to support the work of Beacon Health System by inspiring generosity and commitment. BHF exists to allow people to support Beacon in a way that connects them with their impact on our work in the community. Beacon Health Foundation works to support Beacon Health System in three key ways:- Creating relationships- Inspiring investment- Stewarding resourcesCreating Relationships:Beacon Health Foundation (BHF) raises funds for Beacon Health System, Inc. BHF's job is to ensure that the charitable support of Beacon is used to create the most significant impact possible in a way that is most meaningful to each donor. The Health System relies on our community's support to ensure that we can always provide the highest quality services for every patient.Inspiring Investment:In 2024, fundraising at Beacon Health Foundation focused on the following areas:- Corporate fundraising- Grant writing, focusing on private, corporate and family foundations- Online giving- Major gift fundraising- Direct mail fundraisingFunds available at BHF to support Memorial's mission as of December 31, 2024:Children's Services $1,982,465Trauma Services $6,957,508System Priorities $955,113Cancer Services $225,344Stewarding Resources:In 2024, funds from Beacon Health Foundation were to support the following areas at Beacon:Distribution Fund Description and Amount: Cancer Services $5,049 Cardiovascular Services $1,802 Children's Services $771,277Children's Support Services $94,898Community Impact $193,237Continuing Education $58,274Education Endowments Spendable $45,702Emergency/Trauma Services $38,899Events $157,552Family Medicine Residency $69,582Patient Care Programs $2,028,100Physician Philanthropy Council $137,508Scholarships $55,960Support Services $127,813System Priorities $633,841Women's Services $8,709Total $4,428,203

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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.

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

    Recognized by the IRS since March 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.