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Memorial Health System Foundation

EIN 84-1576338 · Colorado Springs, CO

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

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SEE SCHEDULE OTHE MEMORIAL HEALTH SYSTEM FOUNDATION SUPPORTS AND ADVANCES UCHMHS AND ITS AFFILIATED NONPROFIT HEALTHCARE ENTITIES BY IDENTIFYING CHARITABLE NEEDS, FOSTERING COMMUNITY AND PHILANTHROPIC ENGAGEMENT, AND RESPONSIBLY RECEIVING, MANAGING, AND DISTRIBUTING CONTRIBUTIONS IN ALIGNMENT WITH DONOR INTENT. THROUGH THESE ACTIVITIES, THE FOUNDATION FURTHERS THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF UCHMHS AND STRENGTHENS HEALTHCARE SERVICES IN SOUTHERN COLORADO.

Income
$1.9 million
Spending
$1.2 million
Spent on programs
56%
Reserves
14.6 months of spending
Largest source of income
donations and private grants, 94%
Employees
4
Volunteers
13
Highest pay
$208,490, exec. dir. foundation

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

  • Reserves

    35 of 35

    Spendable reserves would cover 14.6 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 38% of income.

  • Income trend

    15 of 15

    Income rose 14% on the year before.

  • Spending floor

    8 of 15

    56% of spending went to programs and raising each dollar of donations cost 18 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: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    11 of 11 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 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 (4)
  1. $409,023 spent. PATIENT ASSISTANCE,SERVICE LINE SUPPORT, AND EMPLOYEE EDUCATION -THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO ENSURE THAT PATIENTS FACING ECONOMIC HARDSHIP CAN ACCESS ESSENTIAL MEDICAL CARE. IN FY25, ASSISTANCE WAS PROVIDED TO 587 PATIENTS TO SUPPORT CONTINUITY OF TREATMENT. THE FOUNDATION ALSO FUNDED CRITICAL SERVICE LINE NEEDS, INCLUDING CLINICAL EQUIPMENT, TECHNOLOGY, AND PROGRAMMATIC ENHANCEMENTS THAT IMPROVE PATIENT CARE ACROSS THE MEMORIAL HEALTH SYSTEM. ADDITIONALLY, THE FOUNDATION SUPPORTED WORKFORCE DEVELOPMENT THROUGH CONTINUING EDUCATION AND SCHOLARSHIPS FOR 33 UCHEALTH EMPLOYEES IN SOUTHERN COLORADO AND FOR STUDENTS ENROLLED IN THE UCHEALTH MEMORIAL HOSPITAL SCHOOL OF RADIOLOGIC TECHNOLOGY.
  2. $97,349 spent. WHOLE BLOOD RESUSCITATION - PROVIDING FIRST RESPONDERS WITH LOW-TITER, O POSITIVE WHOLE BLOOD AND THE NECESSARY EQUIPMENT TO TRANSFUSE BLOOD IN THE FIELD - WHEN AND WHERE IT IS NEEDED MOST. SINCE PROGRAM LAUNCH IN MAY OF 2024, MORE THAN 100 LIVES HAVE BEEN SAVED.
  3. $42,934 spent. UCHEALTH FORENSIC CENTER OF EXCELLENCE - THE FOUNDATION SUPPORTS THE FORENSIC CENTER OF EXCELLENCE (FCOE), THE FIRST HOSPITALBASED PROGRAM PROVIDING TRAUMAINFORMED MEDICAL FORENSIC CARE TO MORE THAN 4,000 VICTIMS OF INTERPERSONAL VIOLENCE EACH YEAR. THE FOUNDATION ENHANCES THIS WORK BY INCREASING ACCESS TO ESSENTIAL POSTASSAULT MEDICATIONS AND FUNDING SPECIALIZED EQUIPMENT USED TO TREAT PATIENTS, TRAIN FORENSIC NURSES, AND DELIVER TELEHEALTH SUPPORT TO RURAL HOSPITALS ACROSS COLORADO. IN ADDITION, THE FOUNDATION SUPPORTS THE EXPANSION OF FORENSIC NURSE EXAMINER EDUCATION TO ENSURE SURVIVORS STATEWIDE RECEIVE EXPERT, TIMELY CARE.
  4. $104,584 spent. PROVIDE FINANCIAL ASSISTANCE AND ESSENTIAL RESOURCES TO 587 PATIENTS FACING BARRIERS TO CARE. SUPPORT CLINICAL SERVICE LINES THROUGH FUNDING FOR EQUIPMENT AND PROGRAM NEEDS THAT ENHANCE PATIENT SERVICES. PROVIDE SCHOLARSHIPS AND CONTINUING EDUCATION TO 35 UCHEALTH EMPLOYEES AND STUDENTS, INCLUDING SUPPORT FOR CLINICAL CERTIFICATIONS NOT COVERED UNDER UCHEALTH'S EDUCATION REIMBURSEMENT PROGRAM.

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 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 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 March 2001.

    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.

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

    A much larger organization has a similar name: Memorial Health System (Springfield, IL), EIN 37-1110690. If that is the one you meant, check the EIN before giving.

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