Public Charity

MULTICARE FOUNDATIONS

MULTICARE FOUNDATIONS is a Public Charity headquartered in TACOMA, WA. Financial data from the 2024 filing: $17.8M revenue, $8.9M expenses, $92.1M total assets. 141 publicly reported grants to this organization, totaling roughly $32.0M, appear in IRS filings.

EIN: 911514257 TACOMA, WA Fund Raising & Fund Distribution NTEE: E12 Latest filing: 2024
Total Revenue$17.8M
Total Expenses$8.9M
Total Assets$92.1M
Grant Records141
Funding Total$32.0M
Filing Years2018–2024

Mission

PARTNERING FOR HEALING AND A HEALTHY FUTURE THROUGH PHILANTHROPY.

Where $100 goes at Multicare Foundations

How Multicare Foundations divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$64 Programs the work itself
$10 Management running the organization
$26 Fundraising raising the next dollar

Inside the $64 for programs

$39
Multicare foudations focuses on providing support to multicare health system, a related healthcare tax-exempt organization, through its' regional divisions, multicare good samaritan, multicare behavioral health, multicare inland northwest…
60% of program spending
$15
In 2024 Multicare Foundations provided $1,089,754 in funding for the aquisition of new technology and medical equipment at multicare health system hospitals and clinics
24% of program spending
$10
In 2024 Multicare Foundations provided $759,016 in funding for carol milgard breast center and for multicare radiation oncology and cancer institute
16% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Agatha Constance
PRESIDENT Bobbe Bridge
EXEC.DIR. CAPITAL/SOUTHERN Cecelia Loveless
EXEC.DIR. MARKETING Craig Davison
VP FOUNDATIONS Dorene Young
EXEC.DIR. MHF Elliot Stockstad

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$26,702,548 84 grants
Mental Health & Substance Abuse
$4,040,800 5 grants
Health & Medicine
$790,890 32 grants
Fundraising & Sponsorship
$276,750 6 grants
Youth Development
$50,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $17.8M $8.9M $92.1M
2023 $16.2M $7.7M $74.2M
2022 $13.5M $10.6M $63.5M
2020 $10.9M $8.8M $59.2M
2018 $6.8M $4.5M $27.7M

Between 2018 and 2024, reported annual revenue grew from $6.8M to $17.8M (+163%), with total assets most recently reported at $92.1M.

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

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