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Promedica Foundation

Public charity
Research & Policy · TOLEDO, OH · EIN 34-1517672

About

The promedica foundation's mission is to generate and direct the utilization of resources to enrich existing programs and fund new services, inspiring excellence in the provision of health care and enhancing quality of life for the people of our community.

Donations are tax-deductible
Category
Research & Policy
Employees
0
Volunteers
100

Financial Snapshot

FY ending 2024-12-31
Revenue
$32.4M
Expenses
$19.3M
Assets
$392.8M
Liabilities
$4.2M

Financial history

$65.0M$32.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $32.4M · Peak FY2017: $64.7M · Avg: $36.3M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$13.4M
PROMEDICA FOUNDATION
Your actions

Address

100 Madison AVE
Toledo, OH, 43604-151

Governance

Voting board members5
Independent members0
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
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %37.0%
Permanent endowment %63.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$17.9M
Net to org$17.8M
Retained by contractors$129K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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