Corewell Health Foundation West Michigan
Corewell Health Foundation West Michigan reported $65.2 million in revenue and $31.4 million in expenses for calendar year 2024. Of every $100 it spent, $79.39 went to program services, $9.64 to management and general costs and $10.97 to fundraising. Its largest source of revenue was contributions and grants: 91.4% of the total. The highest compensation it reported for one person was $6,952,800 (CEO). Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 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 $65MOther revenue was negative: −$232K. 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) | 79.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.6% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $6,952,800 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 22.12% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 117.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 22 of 26 | 88.9% |
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 expenseSupport was provided throughout the Corewell Health West region for programs, projects, and initiatives that advance the mission of Corewell Health. Examples include health sciences research, patient assistance, care coordination interventions, clinical team member education and clinical program innovations. These investments directly impacted community health needs including mental and behavioral health, infant nutrition, and wellness
Helen devos children's hospital (hdvch) has over 350 pediatric specialists and subspecialists and has 12 years of rankings in the U.S. News & world report. Annual fundraising for helen devos children's hospital is allocated to over 20 programs and projects supporting research and clinical innovations, patient support, and education and training. Examples include art, school and music therapy, the child protection center, and complex care navigation
Betz congenital heart center offers leading technology and access to complex procedures to patients in West Michigan. Support made possible investments to development of a pediatric heart transplant program and expansion with an additional cath lab
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 |
|---|---|---|---|---|
| CEO Officer, 1.00 hrs/week | $0 | $5,453,830 | $1,498,970 | $6,952,800 |
| CFO Officer, 1.00 hrs/week | $0 | $2,523,615 | $558,135 | $3,081,750 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $1,276,102 | $270,114 | $1,546,216 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $853,724 | $146,823 | $1,000,547 |
| DIRECTOR/PRESIDENT Director/trustee, officer, 50.00 hrs/week | $0 | $511,805 | $48,779 | $560,584 |
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $506,823 | $44,265 | $551,088 |
0 people received more than $100,000 in reportable compensation from Corewell Health Foundation West Michigan (Part VII, line 2).
1 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–1b26 · 22 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 2Yes
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 622
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BENNETT RANVILLE GROUP LLC Marketing & consulting | $362,159 |
| AUGUSTO DIGITAL Information services | $250,000 |
| OMATIC SOFTWARE LLC Information services | $192,280 |
| BLACKBAUD INC Information services | $187,317 |
| XIBITZ INC Design & fabrication | $131,467 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Corewell Health Foundation West Michigan totaling $446K 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 Corewell Health Foundation West Michigan's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Corewell Health Foundation West Michigan, you can publish a response that is linked from this page.
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Of every $100 Corewell Health Foundation West Michigan spent in 2024, $79.39 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Corewell Health Foundation West Michigan's spending goes to programs?
In calendar year 2024, Corewell Health Foundation West Michigan reported that 79.4% of its $31.4 million in expenses went to program services, 9.6% to management and general and 11.0% to fundraising (Form 990, Part IX).
How much does Corewell Health Foundation West Michigan pay its top executive?
The largest total compensation Corewell Health Foundation West Michigan reported for one person in calendar year 2024 was $6,952,800, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Corewell Health Foundation West Michigan get its money?
Of $65.2 million in revenue in calendar year 2024, 91.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Corewell Health Foundation West Michigan a registered charity?
The IRS lists EIN 38-2752328 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 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 202523219349305052 · read the filing · XML
All filings for EIN 38-2752328: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.