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Passes our checks

Genesis Health Services Foundation

EIN 42-1421670 · Davenport, IA

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

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE, GENESIS HEALTH SERVICES FOUNDATION AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.

Income
$3.6 million
Spending
$2.5 million
Spent on programs
74%
Reserves
9.3 months of spending
Largest source of income
donations and private grants, 54%
Employees
0
Volunteers
87
Highest pay
$1.3 million, president, eastern iowa

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

Good: 78 out of 100. Higher than 54% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 9.3 months of spending.

  • Debt

    20 of 20

    It owes 6% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 31% of income.

  • Income trend

    0 of 15

    Income fell 44% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 17 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

Strong: 95 out of 100. Higher than 58% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    23 of 23 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 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 (1)
  1. $1.8 million spent. GENESIS HEALTH SERVICES FOUNDATION (GENESIS FOUNDATION) MEETS THE HEALTH CARE NEEDS OF THE LOCAL COMMUNITY BY SOLICITING, MANAGING AND GRANTING CHARITABLE FUNDS FOR GENESIS HEALTH SYSTEM PROGRAMS AND SERVICES. THE FOUNDATION ASSISTS ASPIRING AND CURRENT NURSES THROUGH SCHOLARSHIPS AND CERTIFICATIONS, LEADING TO THE RECRUITMENT AND RETENTION OF HIGHLY QUALIFIED NURSING PROFESSIONALS. THIS INVESTMENT RESULTS IN BETTER PATIENT CARE. IN ADDITION TO NURSING EDUCATION, THE FOUNDATION'S SIGNATURE PROGRAMS INCLUDE FREE FLU VACCINATIONS FOR ELEMENTARY SCHOOL CHILDREN, BREAST IMAGING (E.G. MAMMOGRAMS) FOR PATIENTS WHO CANNOT AFFORD THESE LIFE-SAVING SERVICES, AND NURSE VISITS TO THE HOMES OF NEWBORNS TO ENSURE THEY HAVE A HEALTHY START IN LIFE. THE FOUNDATION ALSO PROVIDES CHARITY CARE TO PATIENTS THAT OTHERWISE MIGHT FORGO CARE FOR LACK OF MEANS, AND FUNDS AN EMPLOYEE EMERGENCY ASSISTANCE FUND FOR THOSE EMPLOYEES EXPERIENCING A PERSONAL OR FAMILY CRISIS. THE FOUNDATION'S INVESTMENT IN TECHNOLOGY BRINGS ADVANCEMENTS TO PATIENTS AND THE COMMUNITY AT AN ACCELERATED PACE. IF NOT FOR THE FOUNDATION, THE CLARISSA C. COOK HOSPICE HOUSE WOULD NOT EXIST NOR CONTINUE TO PROVIDE END-OF LIFE CARE, ESPECIALLY FOR THE LESS FORTUNATE. THE GENESIS FOUNDATION IMPROVES THE HEALTH AND WELLBEING OF THE COMMUNITIES SERVED BY GENESIS HEALTH SYSTEM IN COUNTLESS WAYS.PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION: WWW.MERCYONE.ORG/GENESIS/GIVING/GENESIS-FOUNDATION

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

  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 November 6, 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 June 2025.

    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 August 1995.

    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 November 4, 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.