EIN 34-1517672

Promedica Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1986
Most recent tax filings
2022-12-01
Description
The Promedica Foundation generates and directs resources to inspire excellence in healthcare, fund new services, and enhance the quality of life for our community. It promotes health and well-being by supporting medical care, education, research, and social determinants of health. Additionally, it solicits contributions, provides grants, and invests funds to generate income to support the Promedica health system.
Also known as...
Toledo Hospital Foundation
Total revenues
$21,490,515
2022
Total expenses
$21,862,373
2022
Total assets
$332,575,061
2022
Num. employees
0
2022

Program areas at Promedica Foundation

Promote health and well-being with support for medical care, medical education, medical research, and social determinants of health, and by soliciting contributions, providing grants, and investing funds to generate income to support Promedica health system, inc. Entities.

Grants made by Promedica Foundation

GranteeGrant descriptionAmount
Promedica Health SystemOperating Grant$4,076,508
Promedica Charles and Virginia Hickman HospitalOperating Grant$1,465,399
YWCA of Northwest OhioOperating Grant$1,122,182
...and 20 more grants made totalling $9,571,934

Who funds Promedica Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mckesson Foundation L-1635General Support$781,428
Promedica Charles and Virginia Hickman HospitalOperating Grant$584,000
The Kadens Family FoundationHope Toledo Promise$350,000
...and 29 more grants received totalling $3,388,612

Personnel at Promedica Foundation

NameTitleCompensation
Arturo PolizziAnd President and Chief Executive Officer / President , Promedica Toledo Hospital President , Promedica Toledo Children's Hospital$0
Randall OostraAnd PHS President and Chief Executive Officer - Part Ye$0
Steven M CavanaughTrustee and Treasurer , Chief Financial Officer$0
Terrence MetzgerChief Financial Officer
Jeffrey C KuhnSecretary and Chief Legal Officer / Secretary , Chief Legal Officer / Secretary , Trustee$0
...and 9 more key personnel

Financials for Promedica Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$13,037,948
Program services$0
Investment income and dividends$7,404,520
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,657,543
Net income from fundraising events$-609,496
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,490,515

Form 990s for Promedica Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-08990View PDF
2020-122021-11-12990View PDF
2019-122021-04-05990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 5 new personnel
January 3, 2024
Received grants
Identified 14 new grant, including a grant for $584,000 from Promedica Charles and Virginia Hickman Hospital
January 1, 2024
Used new vendors
Identified 2 new vendors, including , and
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $300,000 from Jones Day Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
100 Madison Ave Attn Tax Departm
Toledo, OH 43604
Metro area
Toledo, OH
County
Lucas County, OH
Website URL
promedica.org/ 
Phone
(567) 585-3618
Facebook page
ProMedicaAndYou 
Twitter profile
@promedicahealth 
IRS details
EIN
34-1517672
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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