Mercyhealth Development Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
MERCYHEALTH'S MISSION IS TO PROVIDE EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER, GUIDED BY A VISION OF EXCELLENCE IN PATIENT CARE, SERVICE, PARTNERSHIP, AND COST-EFFECTIVENESS. CORE VALUES INCLUDE HOLISTIC HEALING, PRIORITIZING PATIENTS, TREATING EACH OTHER LIKE FAMILY, AND STRIVING FOR EXCELLENCE. THE FOUNDATION SUPPORTS THIS MISSION BY LEVERAGING PHILANTHROPIC RESOURCES TO STRENGTHEN PROGRAMS AND SERVICES ACROSS THE HEALTH SYSTEM.
- Income
- $8.7 million
- Spending
- $6.1 million
- Spent on programs
- 98%
- Reserves
- 53.3 months of spending
- Largest source of income
- donations and private grants, 79%
- Employees
- 0
- Volunteers
- 44
- Highest pay
- $16.3 million, president/ceo (see pages 41-42)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 75% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 53.3 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 30% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 40% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
25 of 258 of 10 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
0 of 10Did not give 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 June 30, 2025, 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 (3)
- $5.2 million spent. IN FY2025, ENDOWMENTS AND RESTRICTED FUNDS ENABLED CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT FOR EMPLOYEES THROUGHOUT THE HEALTH SYSTEM, INCLUDING SPECIALIZED TRAINING FOR PARTNERS AND PHYSICIANS AND SCHOLARSHIP OPPORTUNITIES FOR STUDENTS. RESTRICTED GIFTS ALSO FUNDED ESSENTIAL PATIENT SUPPORT, INCLUDING ASSISTANCE FOR INDIGENT INDIVIDUALS, TRANSPORTATION FOR CANCER PATIENTS UNDERGOING TREATMENT, CARE AND COMFORT ITEMS FOR HOSPICE PATIENTS AND CRITICAL EQUIPMENT FOR NEONATAL INTENSIVE CARE UNITS (NICUS).DONATIONS FROM THE AUXILIARY SUPPORTED INITIATIVES SUCH AS: - RONALD MCDONALD CARE MOBILE - NURSING SCHOLARSHIPS FOR UNDERREPRESENTED STUDENTS - PET THERAPY PROGRAMS - RADIOLOGY SCHOOL ASSISTANCE
- $598,308 spent. THROUGH CHARITABLE CONTRIBUTIONS, THE FOUNDATION CONTINUED TO FUND THE RONALD MCDONALD CARE MOBILE, OPERATED BY MERCYHEALTH CLINICIANS, PROVIDING FREE MEDICAL CARE TO UNINSURED AND UNDERINSURED CHILDREN AT MORE THAN 12 SITES ACROSS NORTHERN ILLINOIS. SERVICES INCLUDED VACCINATIONS, LEAD AND BLOOD SCREENINGS, MEDICAL EVALUATIONS, AND TREATMENT TO PREVENT EMERGENCY ROOM VISITS.THE ANNUAL CHARITY BALL AND OTHER FUNDRAISERS THROUGH THE YEAR BENEFITED THE HOUSE OF MERCY, A HOMELESS SHELTER IN JANESVILLE. IN FY2025, THE HOUSE OF MERCY PROVIDED 8,412 SHELTER NIGHTS, SERVING 201 INDIVIDUALS (139 ADULTS AND 62 CHILDREN).
- $81,084 spent. THE PARTNER CRISIS FUND CONTINUED TO PROVIDE FINANCIAL ASSISTANCE TO EMPLOYEES EXPERIENCING SEVERE HARDSHIPS SUCH AS NATURAL DISASTERS, SERIOUS ILLNESS, OR FAMILY LOSS. THE FOUNDATION ALSO FUNDED PATIENT CARE EXAMS, THERAPIES, CLASSES, AND EQUIPMENT, AS WELL AS RENT AND TRANSPORTATION ASSISTANCE FOR INDIGENT FAMILIES. ADDITIONAL SUPPORT WAS PROVIDED TO MERCYHEALTH AT HOME FOR ELDERLY AND HOMEBOUND PATIENTS, AND TO THE AUTISM SUPPORT PROGRAM, WHICH ASSISTED 27 INDIVIDUALS IN FY2025.
Source: Form 990 for the year ending June 30, 2025, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 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.