Bon Secours Mercy Health Foundation
Bon Secours Mercy Health Foundation reported $87.0 million in revenue and $52.0 million in expenses for calendar year 2024. Of every $100 it spent, $64.88 went to program services, $17.02 to management and general costs and $18.10 to fundraising. Its largest source of revenue was contributions and grants: 81.7% of the total. The highest compensation it reported for one person was $2,517,954 (Board Member, Chief Legal Officer & General Counsel). 43 people received more than $100,000 in reportable compensation. Revenue rose 101% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $52MFor context, the median across 290 covered religion-related charities: $88.39 programs, $9.62 management, $1.99 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $87M- Contributions & grants (non-government)$77.35 $68M
- Government grants$3.97 $3.5M
- Investment income$18.68 $16M
Other revenue was negative: −$378K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 64.9% | 86.0% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.0% | 9.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 18.1% | 1.9% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 81.7% | 83.4% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 2.3% |
| Highest reported compensation Part VII-A, columns D–F | $2,517,954 | $276,040 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.85% | 1.40% |
| People paid over $100,000 Part VII, line 2 | 43 | 4 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 99.2 | 12.7 |
| Independent voting board members Part VI 1a–1b | 17 of 19 | 90.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Bon Secours Mercy Health Foundation coordinates charitable giving for all hospitals, facilities, programs and services operated by Bon Secours Mercy Health. As a non-profit health care ministry, we depend on generous donors to keep providing the best health care in every community we serve. BON SECOURS MERCY HEALTH FOUNDATION AWARDED $33,674,757 IN GRANTS DURING 2024 TO PROGRAMS THAT ADDRESS THE HEALTHCARE NEEDS OF PERSONS WHO ARE POOR AND UNDERSERVED
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Board Member, Chief Legal Officer & General Counsel Director/trustee, 1.0 hrs/week | $0 | $2,479,847 | $38,107 | $2,517,954 |
| Former Treasurer, BSMH CFO Former, 0.0 hrs/week | $0 | $1,439,506 | $182,372 | $1,621,878 |
| Board Member, Foundation President Director/trustee, officer, 40.0 hrs/week | $529,772 | $0 | $37,667 | $567,439 |
| VP, Charitable Estate and Gift Planning Highest compensated employee, 40.0 hrs/week | $266,270 | $0 | $59,539 | $325,809 |
| VP, Foundation Solutions Highest compensated employee, 40.0 hrs/week | $276,476 | $0 | $37,141 | $313,617 |
| Richmond Foundation President Highest compensated employee, 40.0 hrs/week | $266,536 | $0 | $35,985 | $302,521 |
| Youngstown Foundation President Highest compensated employee, 40.0 hrs/week | $265,193 | $0 | $35,323 | $300,516 |
| Lorain Foundation President Highest compensated employee, 40.0 hrs/week | $257,215 | $0 | $32,474 | $289,689 |
43 people received more than $100,000 in reportable compensation from Bon Secours Mercy Health Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $567K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 17 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 594
- Volunteers Part I, line 6300
Private foundation grants it received
15 private foundations reported grants to Bon Secours Mercy Health Foundation totaling $739K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Bon Secours Mercy Health Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bon Secours Mercy Health Foundation, you can publish a response that is linked from this page.
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Of every $100 Bon Secours Mercy Health Foundation spent in 2024, $64.88 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Bon Secours Mercy Health Foundation's spending goes to programs?
In calendar year 2024, Bon Secours Mercy Health Foundation reported that 64.9% of its $52.0 million in expenses went to program services, 17.0% to management and general and 18.1% to fundraising (Form 990, Part IX).
How much does Bon Secours Mercy Health Foundation pay its top executive?
The largest total compensation Bon Secours Mercy Health Foundation reported for one person in calendar year 2024 was $2,517,954, for the role of Board Member, Chief Legal Officer & General Counsel (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Bon Secours Mercy Health Foundation get its money?
Of $87.0 million in revenue in calendar year 2024, 81.7% came from contributions and grants (including 4.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Bon Secours Mercy Health Foundation a registered charity?
The IRS lists EIN 20-1072726 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202532949349300518 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433119349302968 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313039349301051 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222809349300322 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102779349300805 · read the filing
- 2019: Form 990 for calendar year 2019, object 202012899349300406 · read the filing
All filings for EIN 20-1072726: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.