Public Charity

SUBURBAN HOSPITAL FOUNDATION INC

SUBURBAN HOSPITAL FOUNDATION INC, of BETHESDA, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.0M in revenue, $3.8M in expenses, $34.3M in total assets. 58 publicly reported grants to this organization, totaling roughly $2.9M, appear in IRS filings.

EIN: 522019696 BETHESDA, MD Latest filing: 2024
Total Revenue$7.0M
Total Expenses$3.8M
Total Assets$34.3M
Grant Records58
Funding Total$2.9M
Filing Years2020–2024

Mission

THE SUBURBAN HOSPITAL FOUNDATION RAISES AND DISTRIBUTES PHILANTHROPIC GIFTS IN SUPPORT OF THE PROGRAMS AND PRIORITIES OF THE MEMBER (SUBURBAN HOSPITAL, INC. 52-0610545). THE CORPORATION SHALL HAVE SUCH OTHER OBJECTIVES AS ARE APPROVED BY THE BOARD OF TRUSTEES AND THE MEMBER.

Officers & Directors

TRUSTEE Art Pease Ms Rn
TRUSTEE Cameron Groves
TRUSTEE Carolyn Carpenter Mha Fache
TRUSTEE, VICE CHAIR Charles Mitchell
VICE PRESIDENT, DEVELOPMENT Cynthia Merz
TRUSTEE Diane L Colgan Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED GENERAL SUPPORT
$700,000 6 grants
HEALTH
$427,397 9 grants
For grant recipient's exempt purposes
$419,321 7 grants
General Support building
$380,129 1 grant
GENERAL FUND- FIGHT AGAINST BREAST CANCER
$180,000 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.0M $3.8M $34.3M
2023 $5.6M $3.3M $30.5M
2022 $5.9M $3.2M $28.0M
2021 $4.0M $3.1M $34.0M
2020 $12.1M $2.9M $43.4M

Between 2020 and 2024, reported annual revenue declined from $12.1M to $7.0M (-42%), with total assets most recently reported at $34.3M.

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

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