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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 91-1514257

Multicare Foundations

TACOMA, WANTEE: E120Founded 1991Website

mission statement

Partnering for healing and a healthy future through philanthropy.

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Total Revenue

$17.8M

FY 2024

Program Spending

52.3%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$92.1M

Total Assets

$90.1M net

121.52 mo

Operating Reserves

FY 2024

+10%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 46 Institutional Funders

$31.8M raised across 133 grants · +$5.0M committed (2019–2024 filings)

Funder Geography

Funders across 19 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Multicare Health System	TACOMA, WA	$25,241,405
Auxiliary of the Good Samaritan Hospital	TACOMA, WA	$1,349,932
American Endowment Foundation	HUDSON, OH	$1,061,600
The Norcliffe Foundation	SEATTLE, WA	$1,000,000 +$5,000,000 committed
The William & Joyce Edwards Foundation	UNIVERSITY PLACE, WA	$500,000
Greater Tacoma Community Foundation	TACOMA, WA	$495,076
American Online Giving Foundation Inc	NEWARK, DE	$268,786
Tra Medical Imaging Foundation	TACOMA, WA	$246,750
The Seattle Foundation	SEATTLE, WA	$237,320
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$223,000

Total tracked: $31,774,537 across 133 grants · +$5,000,000 committed across 2 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$2.8M in expenses

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, multicare south king and multicare health foundation, and acts like a vehicle for the community members to give back to the health care causes that are close to their hearts. In 2024 multicare foundations granted $2,803,138 to programs at multicare health system. The support consisted of $200,719 for the good samaritan's children's therapy unit, $709,799 for helping hands and the remainder for family assistance, charity and multiple other programs. Helping hands pays for items the patient urgently needs but cannot afford such as prescriptions, medical equipment or transportation home.

$1.1M in expenses

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. Specifically the folowing received the support: multicare tacoma general- allenmore, good samaritan hospital, multicare auburn and convington medical centers, multicare capital medical center in olympia, multicare deaconess and valley hospitals in eastern wa, multicare urgent care and indigo clinics throughout the wa state. Medical equipment is funded by both capital and operating funds. There are times when foundation approves to finance the purchase of medical equipment based on need. Medical equipment is key to providing services to the communities with the latest technology and tools available.

$759K in expenses

In 2024 multicare foundations provided $759,016 in funding for carol milgard breast center and for multicare radiation oncology and cancer institute. The breast center, a joint venture multicare health system-virginia mason franciscan health, is located in tacoma, wa, and is dedicated solely to breast imaging and procedures offering a full suite of screening and diagnostic services with board-certified radiologists. Multicare cancer institute is a division of multicare health system specialized in oncology services for the communities across the pacific northwest.

Financial History