Memorial Foundation of Allen Hospital
Memorial Foundation of Allen Hospital
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About this organization
Mission
Strengthens the programs, services and community relationships of Allen Health System.
About
Grants, allocations and program support. Memorial Foundation of Allen Hospital's purpose is to raise funds to maintain, develop, increase and extend the facilities and services of Allen Memorial Hospital Corporation and Allen College in Waterloo, IA, and to provide broader hospital, medical and educational service opportunities to patients, students, staff, faculty and residents of the geographical area they serve. It supports the missions of Allen Health Systems, Inc. and its subsidiaries by raising financial contributions and investing the proceeds. The grant, allocations and program support services may include: a) contributions to Allen Memorial Hospital Corporation and Allen College for equipment purchases, to offset operating expenses and miscellaneous; b) scholarships and/or lectureships awarded to individuals associated with Allen Memorial Hospital Corporation and Allen College; c) grants to local rural health communities associated with Allen Memorial Hospital Corporation; d) miscellaneous grants and contributions to organizations and/or individuals associated with Allen Memorial Hospital Corporation and Allen College
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “Allen foundation strengthens the programs, services and community relationships of allen health system.”.
When referring to its functions, they were specified as: “Strengthens the programs, services and community relationships of allen health system.”.
- The non-profit has reported their operating state as IA, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 1825 LOGAN AVE, WATERLOO, IA, 507031916.
- The non-profit's form reports a total of 0 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $295,247.
- The organization has 14 independent voting members.
- The organization was formed in 1983.
- The organization pays $524,740 in salary, compensation, and benefits to its employees.
- The organization pays $621,876 in fundraising expenses.
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