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Passes our checks

Manatee Memorial Foundation Inc

EIN 65-0392921 · Bradenton, FL

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

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceFair58 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 44% of its spending went to programs.
  • Raising each dollar of donations cost 88 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE MISSION OF THE MANATEE MEMORIAL HOSPITAL FOUNDATION IS TO OFFER SUPPORT TO INDIVIDUALS DIRECTLY OR INDIRECTLY THAT HAVE HEALTH-RELATED SITUATIONS, SUPPORT OTHER NOT-FOR-PROFIT AGENCIES IN REACHING THEIR FULLEST POTENTIAL, AND ASSIST INDIVIDUALS TO OBTAIN THEIR EDUCATIONAL TRAINING.

Income
$1.4 million
Spending
$1.4 million
Spent on programs
44%
Reserves
7.1 months of spending
Largest source of income
donations and private grants, 61%
Employees
2

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 37% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.1 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    15 of 15

    Income rose 12% on the year before.

  • Spending floor

    0 of 15

    44% of spending went to programs and raising each dollar of donations cost 88 cents.

Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 58 out of 100. Higher than 13% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    14 of 15 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

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed 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 August 31, 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 (5)
  1. $534,571 spent. GRANTS & FUNDING TO COMMUNITY ORGANIZATIONS FOR HEALTH RELATED PROGRAMS & STUDENT SCHOLARSHIPS TO HELP ESTABLISH & MAINTAIN A STEADY FLOW OF SKILLED MEDICAL PERSONNEL IN MANATEE COUNTY.
  2. EDUCATE THE PUBLIC AND PROVIDE CONFERENCES ON VARIOUS HEALTH TOPICS.
  3. CONTINUED EFFORTS TO IMPROVE HOSPITAL PATIENTS' STAYS WITH HOLIDAY DECORATIONS, HEALTH-RELATED GIFTS, READING MATERIALS, ETC.
  4. $76,323 spent. MANATEE MEMORIAL FOUNDATION RAISES FUNDS FROM EVENTS TO GIVE TO MEDICAL RELATED 501C3 ORGANIZATIONS IN MANATEE AND SARASOTA COUNTIES.
  5. MANATEE MEMORIAL FOUNDATION RAISES FUNDS FROM EVENTS TO GIVE TO MEDICAL RELATED 501C3 ORGANIZATIONS IN MANATEE AND SARASOTA COUNTIES.

Source: Form 990 for the year ending August 31, 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 August 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 May 1993.

    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.