Marshfield Clinic Health System Foundation
Marshfield Clinic Health System Foundation reported $19.4 million in revenue and $7.2 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 72.7% of the total. The highest compensation it reported for one person was $2,241,715 (FORMER MCHS CEO). Revenue rose 54% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $7.2MFor 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 $19MOther revenue was negative: −$55,613. 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) | 100.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 27.6% | 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 | $2,241,715 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 31.34% | 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 | 267.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 19 | 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 expenseMarshfield Clinic Health System foundation, inc. (mchsf) was incorporated in may 2016 as a nonprofit, nonstock corporation to support the charitable, educational and scientific purposes of Marshfield Clinic Health System, inc. (mchs) and its tax-exempt affiliates. Mchsf received an IRS determination letter granting it tax-exempt status on august 12, 2016
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 |
|---|---|---|---|---|
| FORMER MCHS CEO Former, 0.00 hrs/week | $0 | $2,241,715 | $0 | $2,241,715 |
| INTERIM MCHS CEO Officer, 1.00 hrs/week | $0 | $1,584,168 | $39,013 | $1,623,181 |
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $1,244,244 | $41,992 | $1,286,236 |
| INTERIM MCHS CFO Officer, 1.00 hrs/week | $0 | $972,510 | $0 | $972,510 |
| FORMER MCHS CFO Former, 0.00 hrs/week | $0 | $631,969 | $0 | $631,969 |
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $459,068 | $40,681 | $499,749 |
| MCHS CHIEF PHILANTHROPY OFFICER Key employee, 50.00 hrs/week | $0 | $426,586 | $31,718 | $458,304 |
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $391,787 | $38,371 | $430,158 |
0 people received more than $100,000 in reportable compensation from Marshfield Clinic Health System Foundation (Part VII, line 2).
6 filings since FY2020
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 · 13 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 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 613
Private foundation grants it received
8 private foundations reported grants to Marshfield Clinic Health System Foundation totaling $188K 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 Marshfield Clinic Health System 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 Marshfield Clinic Health System Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Marshfield Clinic Health System Foundation spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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Questions people ask
How much of Marshfield Clinic Health System Foundation's spending goes to programs?
In calendar year 2024, Marshfield Clinic Health System Foundation reported that 100.0% of its $7.2 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Marshfield Clinic Health System Foundation pay its top executive?
The largest total compensation Marshfield Clinic Health System Foundation reported for one person in calendar year 2024 was $2,241,715, for the role of FORMER MCHS CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Marshfield Clinic Health System Foundation get its money?
Of $19.4 million in revenue in calendar year 2024, 27.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Marshfield Clinic Health System Foundation a registered charity?
The IRS lists EIN 81-2822823 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 202513089349302331 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403189349303665 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343189349308059 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243139349300834 · read the filing
- FY2020 (3 mo.): Form 990 for the 3-month short period ending December 31, 2020, object 202143289349301219 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112289349301776 · read the filing
All filings for EIN 81-2822823: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.