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Nonprofit · EIN 23-7320638

METHODIST HEALTHCARE FOUNDATION

Tax-exempt · MEMPHIS, TN 38104

Financials

$4.7M$5.6M2023$5.3M$9.5M2024
Revenue Expenses · by fiscal year end
Financials of METHODIST HEALTHCARE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,274,652$9,540,445-$4,265,793$19,463,141$5,109,231$14,353,910
December 31, 2023990$4,659,980$5,569,523-$909,543$19,909,990$774,767$19,135,223
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,434,866
Program service revenue
$0
Investment income
$1,070,622
Net income from fundraising events
-$230,836
Other revenue
-$230,836

Expenses

Grants and similar amounts paid
$8,256,543
Compensation of officers, directors and key employees
$199,966
Other salaries and wages
$529,630
Salaries, compensation and benefits (total)
$898,325
Professional fundraising fees
$14,400
Accounting fees
$5,367
Travel
-$30,000
Depreciation
$1,248
Program services (functional)
$8,256,543
Management and general (functional)
$1,161,358
Fundraising (functional)
$122,544

Balance sheet and other

Total assets, start of year
$19,909,990
Total assets, end of year
$19,463,141
Total liabilities, end of year
$5,109,231
Net assets, end of year
$14,353,910
Land, buildings and equipment
$5,547
Publicly traded securities
$3,859,907
Net assets without donor restrictions
-$2,024,949
Net assets with donor restrictions
$16,378,859
Gross receipts
$5,660,637
Employees
11
Volunteers
120
Year formed
1974
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Monica WhartonSECRETARY
Officer
2$0$1,094,838$217,846
Charles LaneTreasurer
Officer
2$0$942,830$195,670
Zachary PretzerPRESIDENT
Trustee or director, Officer
40$199,966$0$60,934
Leanne McQuownDirector/Major Gifts/Foundation
Highest-paid employee
40$117,366$0$38,921
Casey CondraAsst. Secretary
Trustee or director, Officer
2$0$0$0
Karen GarnerAssistant Treasurer
Trustee or director, Officer
2$0$0$0
Michael DrakeChairman
Trustee or director, Officer
2$0$0$0
Sally AldrichVice Chair
Trustee or director, Officer
2$0$0$0
Wilson MooreBoard Chair
Trustee or director, Officer
2$0$0$0
Chirag ChauhanBoard Director
Trustee or director
2$0$0$0
Dana ArmstrongBoard Director
Trustee or director
2$0$0$0
David HankinsBoard Director
Trustee or director
2$0$0$0
Dr Schorr BehnkeBoard Director
Trustee or director
2$0$0$0
Lori PattonBoard Director
Trustee or director
2$0$0$0
Wes BarnettBoard Director
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Charles LaneTreasurer
Officer
2$0$711,411$142,450
Monica WhartonSECRETARY
Officer
2$0$641,917$134,524
Zachary PretzerPRESIDENT
Trustee or director, Officer
40$179,042$0$44,330
Lori KesslerAdmin. Dir. Med Educ. & Research
Highest-paid employee
40$185,577$0$34,860
Leanne McQuownDirector/Major Gifts/Foundation
Highest-paid employee
40$117,207$0$30,423
Michael DrakeVice Chair
Trustee or director, Officer
2$0$0$0
Roshun AustinAssistant Secretary
Trustee or director, Officer
2$0$0$0
Sally AldrichAssistant Treasurer
Trustee or director, Officer
2$0$0$0
Wilson MooreBoard Chair
Trustee or director, Officer
2$0$0$0
Casey CondraBoard Director
Trustee or director
2$0$0$0
Dana ArmstrongBoard Director
Trustee or director
2$0$0$0
David HankinsBoard Director
Trustee or director
2$0$0$0
Dr Schorr BehnkeBoard Director
Trustee or director
2$0$0$0
Jane GeorgeBoard Director
Trustee or director
2$0$0$0
Karen GarnerBoard Director
Trustee or director
2$0$0$0
Wes BarnettBoard Director
Trustee or director
2$0$0$0
Yvonne MadlockBoard Director
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
1211 UNION AVE SUITE 900, MEMPHIS, TN 38104-6638
Principal officer (990 for 2024)
ZACHARY PRETZER, 1211 UNION AVENUE 450, MEMPHIS, TN 38104
Signed the 990
RICK HETHERINGTON, VP/System Controller
Phone
(901) 478-0704
Return prepared by
Forvis Mazars LLP

Mission

TO UPLIFT METHODIST LE BONHEUR HEALTHCARE'S COMPASSIONATE CARE FOR OUR ENTIRE COMMUNITY THROUGH PHILANTHROPY, HEALTH ADVOCACY, AND A VISION OF HEALING AND HOPE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO UPLIFT METHODIST LE BONHEUR HEALTHCARE'S COMPASSIONATE CARE FOR OUR ENTIRE COMMUNITY THROUGH PHILANTHROPY, HEALTH ADVOCACY, AND A VISION OF HEALING AND HOPE. Continued on Schedule O
    Expenses $8,256,543 · grants $8,256,543

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7320638
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E120)
Assets (IRS master file)
$19,463,141
Income (IRS master file)
$5,660,637

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,274,652$9,540,445$19,463,141XML
990December 2023$4,659,980$5,569,523$19,909,990XML
990December 2022$6,115,982$6,070,543$19,470,991IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7320638).

Questions about METHODIST HEALTHCARE FOUNDATION

What is the EIN of METHODIST HEALTHCARE FOUNDATION?
The employer identification number (EIN) of METHODIST HEALTHCARE FOUNDATION is 23-7320638.
Is METHODIST HEALTHCARE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
Are donations to METHODIST HEALTHCARE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does METHODIST HEALTHCARE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of METHODIST HEALTHCARE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METHODIST HEALTHCARE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of METHODIST HEALTHCARE FOUNDATION?
The 990 for the year ended December 31, 2024 names ZACHARY PRETZER.
Who are the officers and directors of METHODIST HEALTHCARE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization.
How much revenue does METHODIST HEALTHCARE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,274,652, expenses of $9,540,445 and total assets of $19,463,141 at year end.

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