Michael Reese partners with the Chicagoland community to advance and advocate for lasting health solutions. We do this by carrying forward the vision of Michael Reese Hospital's Jewish founders and the generations of philanthropic leadership they inspired.
Donations are tax-deductible
Category
Other
Employees
16
Volunteers
17
Financial Snapshot
FY ending 2025-06-30
Revenue
$21.5M
Expenses
$14.0M
Assets
$162.9M
Liabilities
$4.1M
Financial history
$21.5M$10.8M$0
22232425
RevenueExpenses
Latest FY2025: $21.5M · Avg: $7.5M
501(h) election
This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.
Political & Grant Activity
Campaign Spending
—
Lobbying
$76
Grants Given
$7.5M
MICHAEL REESE HEALTH TRUST
Your actions
Address
200 W Madison ST STE 300
Chicago, IL, 60606-348
Governance
Voting board members17
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %23.2%
Permanent endowment %76.8%
Endowment held by related orgNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$0
Net to org-$60K
Retained by contractors$60K
ChannelsPhone · Email · In-person · Grant solicitation