Renown Health Foundation
Renown Health Foundation reported $26.5 million in revenue and $20.6 million in expenses for calendar year 2024. Of every $100 it spent, $84.53 went to program services, $15.47 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 88.9% of the total. Government grants made up 9.2%. The highest compensation it reported for one person was $2,097,846 (President/CEO). Revenue rose 412% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $27M- Contributions & grants (non-government)$79.60 $21M
- Government grants$9.21 $2.4M
- Investment income$11.19 $3.0M
Other revenue was negative: −$30,366. 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) | 84.5% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.5% | 11.5% |
| 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 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 88.9% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 9.2% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $2,097,846 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 10.17% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 34.4 | 6.8 |
| Independent voting board members Part VI 1a–1b | 24 of 26 | 100.0% |
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 expenseSee Schedule ORenown Health is Reno's only not-for-profit hospital. Community support and partnership are essential to the services we provide and donor contributions of any size make a significant impact on our community. Renown Health Foundation, founded in 1985, carries forward an essential tradition - pairing donor support with our community's most vital needs. Support for Renown Health Foundation stays here to fund and support patients through enhanced prevention and education programs, state-of-the-art equipment, and important medical research. Renown Health Foundation is working hard…
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 |
|---|---|---|---|---|
| President/CEO Director/trustee, officer, 9.00 hrs/week | $0 | $1,872,333 | $225,513 | $2,097,846 |
| Director Director/trustee, 3.00 hrs/week | $0 | $525,243 | $0 | $525,243 |
| Financial Officer (as of 07/24) Officer, 2.00 hrs/week | $0 | $392,905 | $60,260 | $453,165 |
| Director (thru 06/24) Director/trustee, 3.00 hrs/week | $0 | $272,796 | $13,801 | $286,597 |
| Chief Financial Officer (thru 01/24) Officer, 2.00 hrs/week | $0 | $210,679 | $2,042 | $212,721 |
0 people received more than $100,000 in reportable compensation from Renown Health 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–1b26 · 24 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 11aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 681
Private foundation grants it received
24 private foundations reported grants to Renown Health Foundation totaling $3.3M 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 Renown 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 Renown Health Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Renown Health Foundation spent in 2024, $84.53 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Renown Health Foundation's spending goes to programs?
In calendar year 2024, Renown Health Foundation reported that 84.5% of its $20.6 million in expenses went to program services, 15.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Renown Health Foundation pay its top executive?
The largest total compensation Renown Health Foundation reported for one person in calendar year 2024 was $2,097,846, for the role of President/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Renown Health Foundation get its money?
Of $26.5 million in revenue in calendar year 2024, 88.9% came from contributions and grants (including 9.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Renown Health Foundation a registered charity?
The IRS lists EIN 94-2972749 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 202543189349315384 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403189349310840 · read the filing
- FY2022 (6 mo.): Form 990 for the 6-month short period ending December 31, 2022, object 202343179349303709 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349308026 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349306044 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349302495 · read the filing
All filings for EIN 94-2972749: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.