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Memorial Hermann Foundation

Public charity990-T FY2023
Other · HOUSTON, TX · EIN 74-1653640
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About

Memorial hermann health system is a nonprofit, values-driven, community-owned health system dedicated to improving health. Our vision is to create healthier communities, now and for generations to come. Our values are community, compassion, credibility, and courage.

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$48.7M
Expenses
$30.2M
Assets
$158.6M
Liabilities
$1.8M

Financial history

$48.7M$24.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $48.7M · Avg: $33.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$12.4M
MEMORIAL HERMANN FOUNDATION
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Address

929 Gessner RD STE 1900
Houston, TX, 77024-231

Governance

Voting board members39
Independent members38
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %10.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
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