Memorial Hospital Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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- Income
- $4.1 million
- Spending
- $2.4 million
- Spent on programs
- 72%
- Reserves
- 99.4 months of spending
- Largest source of income
- investment income, 43%
- Employees
- 0
- Volunteers
- 10
- Highest pay
- $1.2 million, ceo, mmc/cfo mhf (pt-yr)
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.
Reserves
35 of 35Spendable reserves would cover 99.4 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 42% of income.
Income trend
15 of 15Income rose 37% on the year before.
Spending floor
15 of 1572% 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: 90 out of 100.
Independent board
25 of 2510 of 13 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
5 of 5Sets its chief executive's pay through independent review and comparison.
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 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)
- $1.7 million spent. Program Service Accomplishments: Through philanthropy, Sutter Health can practice the most innovative, technologically advanced medicine possible and meet the critical health care demands of our community. In 2024, Memorial Hospital Foundation contributed over $1.4 million in philanthropic gifts to support equipment, programs and services that help save lives and fulfill our not-for-profit mission. Nearly $600,000 in funds were released to provide care at Sutter Memorial Medical Center's Family Birthing Center's high-risk antepartum suites and neonatal intensive care unit (NICU) with the purchase of the most technologically advanced incubators and 3D Voluson ultrasounds and wireless monitoring for high-risk maternity care. In addition, $185K was provided for a portable OCT machine. - $154K was provided for Stryker small power sets in the operating room. - $207K was provided for an intra-aortic balloon pump system to help heart patients and other operational needs for cardiovascular services. - $121K was provided for a trident X-Ray system for breast cancer patients. - $231K was provided for various smaller capital items including the Volara treatment system that helped with traumatic respiratory injury, pneumonia and chronic lung disease. The Foundation also continued its program of employee emergency need support (SPIRIT Club).
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
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 December 2024.
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 July 1993.
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.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Memorial Hospital (Owosso, MI), EIN 38-1358208. 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.