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Regions Hospital Foundation

EIN 41-1888902 · Minneapolis, MN

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF REGIONS HOSPITAL FOUNDATION (THE FOUNDATION) IS TO ADVOCATE AND DEVELOP AWARENESS, BUILD COMMUNITY PARTNERSHIPS, AND RAISE CHARITABLE CONTRIBUTIONS FOR PATIENT CARE, RESEARCH AND HEALTH PROFESSIONAL EDUCATION.

Income
$12.0 million
Spending
$3.1 million
Spent on programs
100%
Reserves
42.8 months of spending
Largest source of income
donations and private grants, 84%
Employees
0
Volunteers
18
Highest pay
$1.4 million, president (jan - jun)

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 42.8 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 74% of income.

  • Income trend

    15 of 15

    Income rose 12% on the year before.

  • Spending floor

    15 of 15

    100% 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

Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    25 of 25

    16 of 19 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

    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. $3.1 million spent. SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS CORPORATE STRUCTURE, PURPOSE, GOVERNANCE REGIONS HOSPITAL FOUNDATION (THE FOUNDATION) IS A MINNESOTA NONPROFIT CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS PART OF THE FAMILY OF HEALTHPARTNERS ORGANIZATIONS (HEALTHPARTNERS). FOUNDED IN 1957, HEALTHPARTNERS IS AN INTEGRATED HEALTH CARE ORGANIZATION, PROVIDING HEALTH CARE SERVICES AND HEALTH PLAN FINANCING AND ADMINISTRATION. HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS, AND COMMUNITY. HEALTHPARTNERS SEEKS TO TRANSFORM HEALTH CARE THROUGH A RELENTLESS FOCUS ON THE TRIPLE AIM - PROVIDING EXCEPTIONAL EXPERIENCE FOR THE INDIVIDUAL, IMPROVING THE HEALTH OF THE POPULATION, AND MAINTAINING AFFORDABILITY. HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) AND IS THE PARENT ENTITY OF HEALTHPARTNERS. HEALTHPARTNERS INCLUDES AN ARRAY OF TAX-EXEMPT AND TAXABLE ORGANIZATIONS. A COMPLETE LISTING OF ALL ORGANIZATIONS WITHIN HEALTHPARTNERS, AND THE RELATIONSHIP BETWEEN THEM, CAN BE FOUND ON SCHEDULE R WITHIN THIS 990 RETURN. DETAILED INFORMATION ABOUT THE COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF EACH TAX-EXEMPT ORGANIZATION CAN BE FOUND IN THE INDIVIDUAL FORM 990 RETURN FOR THAT ORGANIZATION. HPI IS THE PARENT ENTITY OF GROUP HEALTH, INC. (GHI), WHICH IS A MINNESOTA NONPROFIT CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3) AND THE SOLE CORPORATE MEMBER OF THE FOUNDATION. BENEFIT TO THE COMMUNITY: PROGRAM SUPPORT: IN 2024, THE FOUNDATION RECEIVED CONTRIBUTIONS TO 49 DIFFERENT FUNDS THAT SUPPORT PROGRAMS AT REGIONS HOSPITAL (REGIONS) AND OTHER HEALTH-RELATED ORGANIZATIONS WITHIN HEALTHPARTNERS. THE FOUNDATION ALSO PROVIDED PATIENT CARE GRANT SUPPORT TO 14 PROGRAMS THROUGH THE ONE CAMPAIGN, THE ANNUAL EMPLOYEE GIVING PROGRAM OF HEALTHPARTNERS. THESE GRANTS FUNDED PROJECTS AT REGIONS, HEALTHPARTNERS MEDICAL GROUP (HPMG) AND OTHER HEALTH-RELATED ORGANIZATIONS WITHIN HEALTHPARTNERS IN A WAY CONSISTENT WITH THE FOUNDATION'S MISSION. CONTRIBUTIONS RECEIVED IN 2024 ARE FUNDING PATIENT CARE, MEDICAL RESEARCH, THE EDUCATION OF HEALTH PROFESSIONALS, COMMUNITY HEALTH PROGRAMS, AND EQUIPMENT AND FACILITY EXPENSES. THIS INCLUDES MAJOR FUNDRAISING EFFORTS ON BEHALF OF CANCER, EMERGENCY AND TRAUMA, NEUROSCIENCE AND MENTAL HEALTH. PROGRAM HIGHLIGHTS ARE LISTED BELOW. FUNDRAISING TOTALS LISTED INCLUDE NEW GIFTS, PLEDGES AND ESTATE COMMITMENTS AND DO NOT INCLUDE PAYMENTS MADE ON PREVIOUS PLEDGES. NEUROSCIENCES REGIONS AND OTHER HEALTHPARTNERS CARE DELIVERY ORGANIZATIONS ARE DESTINATIONS OF CHOICE FOR NEUROLOGICAL CARE. BY INTEGRATING PRIMARY CARE WITH NEUROLOGICAL SPECIALTIES AND REHABILITATION, TIMELY DIAGNOSIS AND STATE-OF-THE-ART CARE IS PROVIDED, HELPING PATIENTS MAXIMIZE THEIR QUALITY OF LIFE DURING AND AFTER TREATMENT. ADDING GROUNDBREAKING RESEARCH BRINGS FURTHER HOPE AND HEALING TO PATIENTS, THEIR FAMILIES AND FUTURE GENERATIONS. THIS COMBINATION OF CARE, REHABILITATION AND RESEARCH MAKES HEALTHPARTNERS UNIQUE IN THE REGION AND HAS LED TO SEVERAL NATIONAL AWARDS IN THE FIELDS OF NEUROSCIENCE AND NEUROSURGERY. WITH THE OPENING OF THE HEALTHPARTNERS NEUROSCIENCE CENTER IN 2017, ALL HEALTHPARTNERS NEUROSCIENCE PROGRAMS WERE BROUGHT TOGETHER UNDER ONE ROOF. THE NEUROSCIENCE CENTER LOCATED IN ST. PAUL, IS THE LARGEST FREE-STANDING NEUROSCIENCE CENTER IN THE UPPER MIDWEST AND ONE OF ONLY A FEW IN THE COUNTRY. IN 2024, THE FOUNDATION RAISED $4,021,079 TO SUPPORT NEUROSCIENCE PROGRAMS. DONATIONS HELP PAY FOR PROGRAMS AND SERVICES NOT COVERED BY OPERATIONAL DOLLARS, ALLOWING HEALTHPARTNERS TO INNOVATE AND FIND BETTER WAYS TO IDENTIFY, TREAT AND PREVENT NEUROLOGICAL CONDITIONS. CONTRIBUTIONS RAISED INCLUDED $3,148,000 IN UNREALIZED ESTATE COMMITMENTS ($1,600,000 FOR NEUROSCIENCE PROGRAMS, $48,000 FOR NEUROSCIENCE RESEARCH AND $1,500,000 SPECIFICALLY FOR THE RESEARCH OF THE HEALTHPARTNERS CENTER FOR MEMORY AND AGING, WHICH AIMS TO IMPROVE THE TREATMENT AND PREVENTION OF ALZHEIMER'S DISEASE AND OTHER NEUROLOGIC DISORDERS). EXAMPLES OF INNOVATIVE NEUROSCIENCE PROGRAMS FUNDED WITH THE HELP OF CONTRIBUTIONS: THE FOUNDATION'S SUPPORT OF RESEARCH INVOLVING INTRANASAL INSULIN HAS EXPANDED TO MULTIPLE NEUROLOGICAL CONDITIONS. PRECLINICAL STUDIES HAVE DEMONSTRATED THAT INTRANASAL INSULIN CAN BENEFIT PEOPLE FOLLOWING TRAUMATIC BRAIN INJURY, AND THE FOUNDATION IS ARE RAISING MONEY FOR A PHASE 2 STUDY INVOLVING 96 PARTICIPANTS. RESEARCH WITH ANIMAL MODELS HAS SHOWN THAT INTRANASAL INSULIN IMPROVED SPINAL CORD INJURY AND MOTOR FUNCTION AND MEMORY IN PARKINSON'S. THE FOUNDATION ALSO RECEIVED DONATIONS TO SUPPORT TESTING INTRANASAL INSULIN'S EFFECTIVENESS IN SUPPORTING THE MEMORY FUNCTION OF PEOPLE WITH PARKINSON'S. THE TREATMENT PROVED SAFE, PAVING THE WAY FOR LARGER STUDIES. THE FOUNDATION IS SUPPORTING RESEARCH INTO THE USE OF DEFEROXAMINE (DFO) AS A TREATMENT FOR ALZHEIMER'S, PARKINSON'S AND OTHER DISORDERS. RESEARCH WITH ANIMAL MODELS OF ALZHEIMER'S AND PARKINSON'S HAS SHOWN THAT DFO CAN BE DELIVERED THROUGH THE NOSE WITH SUBSEQUENT IMPROVEMENTS TO MEMORY AND MOTOR FUNCTION. IT ALSO REDUCED BRAIN DAMAGE IN ANIMAL MODELS OF STROKE BY 55%. AS FUNDING BECOMES AVAILABLE, CLINICAL TRIALS WILL BE CONDUCTED IN PEOPLE WITH ALZHEIMER'S AND OTHER BRAIN DISORDERS. THE FOUNDATION IS CURRENTLY PROVIDING FINANCIAL SUPPORT FOR MULTIPLE STUDIES TO IDENTIFY THE BIOLOGICAL MECHANISMS BEHIND THE EFFECTIVENESS OF DFO, WHICH WILL HELP SCIENTISTS BETTER DEVELOP THIS AND SIMILAR TREATMENTS. THE FOUNDATION IS SUPPORTING RESEARCH INTO TRANSCRANIAL MAGNETIC STIMULATION (TMS), A NONINVASIVE TECHNIQUE THAT ELECTRICALLY STIMULATES SPECIFIC BRAIN AREAS. SMALL CLINICAL TRIALS HAD REPO

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 January 1998.

    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.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Womans Hospital Foundation (Baton Rouge, LA), EIN 72-0652905. If that is the one you meant, check the EIN before giving.

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