Public Charity

Memorial Hospital Foundation Inc

Memorial Hospital Foundation Inc, of Easton, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $65.7M in revenue, $1.4M in expenses, $162.4M in total assets. 19 publicly reported grants to this organization, totaling roughly $5.0M, appear in IRS filings.

EIN: 521282080 Easton, MD Latest filing: 2025
Total Revenue$65.7M
Total Expenses$1.4M
Total Assets$162.4M
Grant Records19
Funding Total$5.0M
Filing Years2021–2025

Mission

MEMORIAL HOSPITAL FOUNDATION (MHF) THROUGH ITS PHILANTHROPIC EFFORTS SUPPORTS SHORE MEDICAL CENTER AT EASTON TO BE A HEALING INFLUENCE IN OUR COMMUNITY, TO HELP IMPROVE THE HEALTH STATUS AND CREATE EASY ACCESS IN A COST EFFECTIVE QUALITY HEALTH SYSTEM.

Officers & Directors

Chairman Charles Capute
Board Member David Nagel
Board Member Jack Stoltz Cpa
Board Member Jacqueline H Smith
Secretary Keith Mcmahan
President and CEO, UMSRH Kenneth D Kozel

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROGRAMS
$4,393,289 6 grants
For grant recipient's exempt purposes
$260,000 2 grants
HEALTH
$220,000 2 grants
GENERAL OPERATING SUPPORT
$40,000 2 grants
UNRESTRICTED GENERAL SUPPORT
$34,377 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $65.7M $1.4M $162.4M
2024 $5.6M $6.7M $102.6M
2023 $3.4M $1.1M $95.2M
2022 $3.7M $857K $87.7M
2021 $5.9M $1.4M $97.6M

Between 2021 and 2025, reported annual revenue grew from $5.9M to $65.7M (+1008%), with total assets most recently reported at $162.4M.

Interactive year-over-year charts and full filing details available with membership.

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