Honorhealth Foundation
Honorhealth Foundation reported $38.1 million in revenue and $29.9 million in expenses for calendar year 2024. Of every $100 it spent, $59.54 went to program services, $13.32 to management and general costs and $27.14 to fundraising. Its largest source of revenue was contributions and grants: 72.2% of the total. The highest compensation it reported for one person was $4,422,352 (TRUSTEE/HONORHEALTH NETWORK CEO (SEE SCHEDULE O)). Revenue fell 8% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $30MFor 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 $38MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 59.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 27.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.29 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.2% | 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 | $4,422,352 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 14.79% | 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 | 138.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 33 of 34 | 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 expenseHonorhealth Foundation provides support for honorhealth program and capital needs including the following areas: expanding care for heart patients honorhealth has assembled a world-class team of specialists in all areas of cardiovascular care where patients receive comprehensive, compassionate, expert care. Easing the way for neuroscience patients the bob bove neuroscience institute at honorhealth serves patients with parkinson's, alzheimer's, multiple sclerosis, amyotrophic lateral sclerosis (als or lou gehrig's disease), stroke, brain tumors, brain injuries and more with complete…
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 |
|---|---|---|---|---|
| TRUSTEE/HONORHEALTH NETWORK CEO (SEE SCHEDULE O) Director/trustee, 1.0 hrs/week | $0 | $4,126,280 | $296,072 | $4,422,352 |
| FOUNDATION PRESIDENT/CEO Officer, 40.0 hrs/week | $0 | $845,179 | $127,044 | $972,223 |
| SVP-FUNDRAISING DVLPMNT Highest compensated employee, 40.0 hrs/week | $0 | $321,018 | $25,603 | $346,621 |
| SVP-MAJOR GIFTS Highest compensated employee, 40.0 hrs/week | $0 | $271,182 | $34,725 | $305,907 |
| SVP-COM AND DONOR RLTNS Highest compensated employee, 40.0 hrs/week | $0 | $275,813 | $24,719 | $300,532 |
| SVP-TECH & DATA ANLYT Highest compensated employee, 40.0 hrs/week | $0 | $253,689 | $32,364 | $286,053 |
| VP-MAJOR GIFTS Highest compensated employee, 40.0 hrs/week | $0 | $235,819 | $25,199 | $261,018 |
| Senior Vice President Finance Officer, 40.0 hrs/week | $0 | $206,197 | $10,725 | $216,922 |
0 people received more than $100,000 in reportable compensation from Honorhealth Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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–1b34 · 33 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6159
Private foundation grants it received
53 private foundations reported grants to Honorhealth Foundation totaling $3.5M 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 Honorhealth 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 Honorhealth Foundation, you can publish a response that is linked from this page.
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Of every $100 Honorhealth Foundation spent in 2024, $59.54 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Honorhealth Foundation's spending goes to programs?
In calendar year 2024, Honorhealth Foundation reported that 59.5% of its $29.9 million in expenses went to program services, 13.3% to management and general and 27.1% to fundraising (Form 990, Part IX).
How much does Honorhealth Foundation pay its top executive?
The largest total compensation Honorhealth Foundation reported for one person in calendar year 2024 was $4,422,352, for the role of TRUSTEE/HONORHEALTH NETWORK CEO (SEE SCHEDULE O) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Honorhealth Foundation get its money?
Of $38.1 million in revenue in calendar year 2024, 72.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Honorhealth Foundation a registered charity?
The IRS lists EIN 74-2355411 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 202543189349310469 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349300616 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303189349314835 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349307634 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143199349307994 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003149349300340 · read the filing
All filings for EIN 74-2355411: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.