EIN 20-1030638

Mather Foundation

Name: Mather Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Evanston

State

Illinois

Year formed

2004

Most recent tax filings

2022-12-01

NTEE code, primary

E12: Health Care Fund Raising and Fund Distribution

Description

The Mather Foundation, located in Evanston, IL, serves as the parent entity for the Mather organizations. It holds, invests and preserves funds to allow them to provide housing, health care, community programs, research and education and other services that enhance the life of seniors. Its mission is to create ways for seniors to age well.

Total revenues

$45,714,129

2022

Total expenses

$25,172,288

2022

Total assets

$667,352,452

2022

Num. employees

2022

Program areas at Mather Foundation

Mather Foundation serves as the parent entity for the Mather organizations to hold, invest and preserve funds, which allows the organizations to provide housing, health care, community programs, research and education and other services that enhance the lives of older adults by creating ways to age well.

Grants made by Mather Foundation

Grantee	Grant description	Grant year	Amount
Mather	Mission Driven Programs	2022-12	$17,766,960

Who funds Mather Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Mather Evanston	2022-12	Mission Driven Program	$14,000,000
Mather Investments NFP	2022-12	Mission Driven Programs	$5,691,397
Alonzo Mather Foundation Fund Trust	2022-12	General Use	$2,000,000
...and 2 more grants received

Personnel at Mather Foundation

Name	Title	Compensation	Date of data
Mary Leary	President and Chief Executive Officer	$0	2024-01-29
David Ages Well	Chief Operating Officer		2022-10-11
Mary Previously Served	Board Member		2024-01-29
Carol L Sussenbach	Cfo; Treasurer / Chief Financial Officer and Treasurer	$0	2022-12-31
Brenda Schreiber	Board Member		2024-01-29
...and 1 more key personnel

Financials for Mather Foundation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$21,946,383	$11,511,460	90.6%
Program services	$0	$0	-
Investment income and dividends	$11,602,451	$6,633,588	74.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$12,165,295	$41,721,309	-70.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$45,714,129	$59,866,357	-23.6%

Form 990s for Mather Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-13	990	View PDF
2021-12	2022-11-08	990	View PDF
2020-12	2021-11-10	990	View PDF
2019-12	2021-02-26	990	View PDF
2018-12	2020-01-03	990	View PDF
...and 9 more Form 990s

Organizations like Mather Foundation

Organization	Type	Location	Revenue
Gundersen Medical Foundation	501(c)(3)	La Crosse, WI	$32,133,183
Sealy and Smith Foundation	501(c)(3)	Galveston, TX	$158,734,221
Dakota Medical Foundation (DMF)	501(c)(3)	Fargo, ND	$15,266,373
Catholic Health Initiatives Colorado Foundation	501(c)(3)	Centennial, CO	$23,185,458
Southcoast Health	501(c)(3)	New Bedford, MA	$46,115,025
Immanuel	501(c)(3)	Omaha, NE	$38,630,446
The Elizabeth Gamble Deaconess Home Association	501(c)(3)	Cincinnati, OH	$144,170,899
Mount Sinai Health System Self Insurance Trust	501(c)(3)	New York, NY	$59,869,618
Mount Carmel Health System Foundation	501(c)(3)	Columbus, OH	$24,423,101
Montefiore Medicine Academic Health System Self Insurance Trust	501(c)(3)	Bronx, NY	$74,840,098

Data update history

January 29, 2024

Updated personnel

Identified 11 new personnel

January 15, 2024

Posted financials

Added Form 990 for fiscal year 2022

December 25, 2023

Received grants

Identified 3 new grant, including a grant for $14,000,000 from The Mather Evanston

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 12, 2023

Received grants

Identified 3 new grant, including a grant for $1,800,000 from Alonzo Mather Foundation Fund Trust

Nonprofit Types

Grantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities

Issues

Health

Characteristics

Operates internationallyTax deductible donationsNo full-time employees

General information

Address: 1560 Sherman Ave 1010; Evanston, IL 60201
Metro area: Chicago-Naperville-Elgin, IL-IN-WI
County: Cook County, IL
Website URL: mather.com/
Phone: (847) 492-7500

IRS details

EIN: 20-1030638
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2004
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: E12: Health Care Fund Raising and Fund Distribution
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Central organization

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Mather Foundation

Program areas at Mather Foundation

Grants made by Mather Foundation

Who funds Mather Foundation

Personnel at Mather Foundation

Financials for Mather Foundation

Form 990s for Mather Foundation

Organizations like Mather Foundation

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