Powered by CharityEZ

CharityEZ

Charity report ready

MEMORIAL FOUNDATION INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This takes you back to the exact search that opened this report.

Public IRS 990 nonprofit record

MEMORIAL FOUNDATION INC

EIN 59-2082218 · Single Organization Support (E11)

What they do

MEMORIAL FOUNDATION WAS ESTABLISHED IN 1981 to PROVIDE PHILANTHROPIC SUPPORT to MEMORIAL HEALTHCARE SYSTEM WHOSE MISSION is to HEAL THE BODY, MIND, and SPIRIT of THOSE WE TOUCH. EVERY DONATION RECEIVED HELPS to ENSURE THAT QUALITY, COST EFFECTIVE, PATIENT-AND-FAMILY FOCUSED HEALTH CARE is PROVIDED to ALL, REGARDLESS of ABILITY to PAY.DURING THE FISCAL YEAR, THE FOUNDATION FUNDED CAPITAL PROJECTS, VARIOUS PROGRAMS and PROVIDED SUPPORT to PATIENTS and FAMILIES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $95.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders44 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

147.46%of revenue went to mission work95.1% of expenses · Program services
2.68%of revenue went to fundraising1.7% of expenses
$154.98spent for every $100 of revenueSpending was higher than revenue this year.
4.85%of revenue went to management and office costs3.1% of expenses
$5.27in assets for every $1 spent this yearSome assets cannot be spent right away.
86.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,798,450 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,908,639
Mission workProgram services$10,187,144147.46% of revenue95.1% of expenses
ManagementOffice and general costs$334,8244.85% of revenue3.1% of expenses
FundraisingAsking for donations$185,1212.68% of revenue1.7% of expenses
Total expenses$10,707,089154.98% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 95.1% mission · 3.1% management · 1.7% fundraisingTotal expenses: 154.98% of revenue
2023Expense mix: 93.7% mission · 3.1% management · 3.2% fundraisingTotal expenses: 155.55% of revenue
2022Expense mix: 78.6% mission · 14.7% management · 6.7% fundraisingTotal expenses: 66.83% of revenue
2021Expense mix: 85.9% mission · 10.2% management · 3.9% fundraisingTotal expenses: 46.65% of revenue
2020Expense mix: 92.0% mission · 6.3% management · 1.6% fundraisingTotal expenses: 108.27% of revenue
2019Expense mix: 91.5% mission · 5.7% management · 2.8% fundraisingTotal expenses: 177.46% of revenue
2018Expense mix: 71.5% mission · 19.7% management · 8.8% fundraisingTotal expenses: 59.83% of revenue
2017Expense mix: 28.9% mission · 47.4% management · 23.8% fundraisingTotal expenses: 8.18% of revenue

Money in and money out

Revenue$6,908,639
Expenses$10,707,089
Annual shortfall $3,798,450 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,187,144 · 95.1% of expenses
Management and office costs$334,824 · 3.1% of expenses
Fundraising$185,121 · 1.7% of expenses
See all reported dollar amounts
Revenue$6,908,639
Expenses$10,707,089
Assets$56,437,782
Income$38,870,261
Contributions$5,954,239
Mission work (program services)$10,187,144
Fundraising$185,121
Grants given$39,479,886
Average grant$4,386,654
Management and general$334,824
Stocks and bonds$28,199,998
Accounting fees$5,280
Investing fees$95,923
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (44)

NINA BEAUCHSNEDIRECTOR EMERITUS

K SCOTT WESTEREX-OFFICIO (UNTIL 9/1/24)

KAREN PRANGEDIRECTOR

KELLEY E MORRISPRESIDENT

KEVIN JANSERPRESIDENT (UNTIL 9/30/24)

LAURA RABIN MILLEREX-OFFICIO

LINDA COOKEDIRECTOR

LOUIS HERNANDEZ JRDIRECTOR

MARCIA TABATCHNICKDIRECTOR

MATTHEW MUHARTEX-OFFICIO (UNTIL 6/1/24)

MITCHELL EISENBERGDIRECTOR EMERITUS

JOSEPH EPSTEINDIRECTOR

RANDY KATZDIRECTOR

SEAN DEVINEYAT LARGE MEMBER

SHANE STRUMEX-OFFICIO

STEVEN BECKERDIRECTOR

STUART SIEGELDIRECTOR

SUSANNE CORNFELD HUROWITZSECRETARY

THOMAS R OLIVERIDIRECTOR

TIFFANY PANCIERADIRECTOR

TOBY GRAYDIRECTOR

VEDNER GUERRIEREX-OFFICIO

CAITLIN STELLAEX-OFFICIO

ALBERTO PEISACHDIRECTOR

ALLAN BUDELMAN2ND VICE CHAIRMAN

AMAURY CIFUENTESDIRECTOR

AMY SHARE BRENNANDIRECTOR

ANDREW J GREENFIELDIMMEDIATE PAST CHAIRMAN

ATIF HUSSEINDIRECTOR

BENJAMIN A TOBIASDIRECTOR

BENJAMIN J FREEDMANDIRECTOR

BETH-ANN KRIMSKY1ST VICE CHAIRMAN

BRETT ROSECHAIRMAN

ADAM BLOMBERGDIRECTOR

CHRISTOPHER BARNETTDIRECTOR

CHRISTOPHER MCFARLANEDIRECTOR

DARA K LEVANDIRECTOR

DOUGLAS J COLLIERDIRECTOR

ELDEN LEGAUXTREASURER

FRANK SCHOLLDIRECTOR

GREGORY GREENEAT LARGE MEMBER

HOLLY NEVILLEDIRECTOR

JASON OLETSKYDIRECTOR

JAY A SHORRDIRECTOR

About this charity

Recognized since
January 1981
Location
3329 JOHNSON ST, HOLLYWOOD, FL 33021-5419
County
Broward
In care of
% KELLEY E MORRIS
Primary officer
KELLEY E MORRIS, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailmhsfoundation@mhs.net Phone(954) 265-3454

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
RSM US LLP
NTEE classification
Single Organization Support (E11)
IRS tax category
Single Organization Support
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Back to search results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free