Multicare Foundations
Also known as Mhfgsfmskhfinwfbhfcapf
Multicare Foundations reported $17.8 million in revenue and $8.9 million in expenses for calendar year 2024. Of every $100 it spent, $52.27 went to program services, $17.77 to management and general costs and $29.96 to fundraising. Its largest source of revenue was contributions and grants: 53.2% of the total. The highest compensation it reported for one person was $8,673,258 (CEO). 8 people received more than $100,000 in reportable compensation. Revenue rose 64% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $8.9MFor 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 $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 52.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 30.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.28 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 53.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.8% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $8,673,258 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 97.45% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 8 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 121.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 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 expenseMulticare foudations focuses on providing support to multicare health system, a related healthcare tax-exempt organization, through its' regional divisions, multicare good samaritan, multicare behavioral health, multicare inland northwest, multicare south king and multicare health foundation, and acts like a vehicle for the community members to give back to the health care causes that are close to their hearts. In 2024 Multicare Foundations granted $2,803,138 to programs at multicare health system. The support consisted of $200,719 for the good samaritan's children's therapy unit, $709,799…
In 2024 Multicare Foundations provided $1,089,754 in funding for the aquisition of new technology and medical equipment at multicare health system hospitals and clinics. Specifically the folowing received the support: multicare tacoma general- allenmore, good samaritan hospital, multicare auburn and convington medical centers, multicare capital medical center in olympia, multicare deaconess and valley hospitals in eastern wa, multicare urgent care and indigo clinics throughout the wa state. Medical equipment is funded by both capital and operating funds. There are times when foundation…
In 2024 Multicare Foundations provided $759,016 in funding for carol milgard breast center and for multicare radiation oncology and cancer institute. The breast center, a joint venture multicare health system-virginia mason franciscan health, is located in tacoma, wa, and is dedicated solely to breast imaging and procedures offering a full suite of screening and diagnostic services with board-certified radiologists. Multicare cancer institute is a division of multicare health system specialized in oncology services for the communities across the pacific northwest
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, 2.00 hrs/week | $0 | $7,786,801 | $886,457 | $8,673,258 |
| CFO Officer, 2.00 hrs/week | $0 | $1,234,642 | $185,963 | $1,420,605 |
| VP FOUNDATIONS Key employee, 30.00 hrs/week | $0 | $536,632 | $31,638 | $568,270 |
| EXEC.DIR. MHF Highest compensated employee, 40.00 hrs/week | $263,007 | $0 | $37,003 | $300,010 |
| EXEC.DIR. GOOD SAM FDN Highest compensated employee, 40.00 hrs/week | $250,306 | $0 | $25,719 | $276,025 |
| EXEC.DIR. CAPITAL/SOUTHERN Highest compensated employee, 40.00 hrs/week | $0 | $251,066 | $20,704 | $271,770 |
| EXEC.DIR. MARKETING Highest compensated employee, 38.00 hrs/week | $228,774 | $0 | $18,005 | $246,779 |
| MAJOR GIFTS OFFICER Highest compensated employee, 40.00 hrs/week | $131,600 | $0 | $19,445 | $151,045 |
8 people received more than $100,000 in reportable compensation from Multicare Foundations (Part VII, line 2).
5 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–1b12 · 12 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 513
- Volunteers Part I, line 6500
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| FOSTERS CREATIVE Marketing | $144,000 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Multicare Foundations totaling $1.5M 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 Multicare Foundations's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Multicare Foundations, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Multicare Foundations spent in 2024, $52.27 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Multicare Foundations's spending goes to programs?
In calendar year 2024, Multicare Foundations reported that 52.3% of its $8.9 million in expenses went to program services, 17.8% to management and general and 30.0% to fundraising (Form 990, Part IX).
How much does Multicare Foundations pay its top executive?
The largest total compensation Multicare Foundations reported for one person in calendar year 2024 was $8,673,258, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Multicare Foundations get its money?
Of $17.8 million in revenue in calendar year 2024, 53.2% came from contributions and grants (including 0.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Multicare Foundations a registered charity?
The IRS lists EIN 91-1514257 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 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 202523089349303952 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432869349300423 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333069349302358 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213079349302876 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113059349302606 · read the filing
All filings for EIN 91-1514257: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.