Public Charity

Martin Memorial Foundation Inc

Martin Memorial Foundation Inc, of Stuart, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2018 filing shows $11.6M in revenue, $8.0M in expenses, $55.9M in total assets. 105 publicly reported grants to this organization, totaling roughly $5.5M, appear in IRS filings.

EIN: 592343938 Stuart, FL Single Organization Support NTEE: E11 Latest filing: 2018
Total Revenue$11.6M
Total Expenses$8.0M
Total Assets$55.9M
Grant Records105
Funding Total$5.5M
Filing Years2017–2018

Mission

The Martin Memorial Foundation generates financial support for patient care, education and clinical research for Martin Memorial Health Systems to support its mission: "To provide exceptional health care, hope and compassion to every person, every time".

Top Grant Purposes

For grant recipient's exempt purposes
$1,426,849 9 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$782,500 3 grants
HEALTHCARE ASSISTANCE AND EQUIPMENT
$560,342 4 grants
For recipient's exempt purpose
$516,500 1 grant
HEALTH
$381,875 14 grants

Financial Trends

Year Revenue Expenses Assets
2018 $11.6M $8.0M $55.9M
2017 $16.1M $7.3M $53.0M

Between 2017 and 2018, reported annual revenue declined from $16.1M to $11.6M (-28%), with total assets most recently reported at $55.9M.

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