CORTLAND MEMORIAL FOUNDATION IND C O CORTLAND MEMORIAL HOSPITAL INC

CORTLAND, NY, 13045-1206 (607) 756-3757 Est. 1978 EIN 22-2230692
E22I— Health Care Form 990 501(c)(3)
HTTP://WWW.CORTLANDREGIONAL.ORG/SUPPORT/FOUNDATIO

Mission

CORTLAND MEMORIAL FOUNDATION BUILDS RELATIONSHIPS THROUGH PHILANTHROPY, STEWARDSHIP, AND EDUCATION THAT SUPPORT GUTHRIE CORTLAND MEDICAL CENTER AND ITS MISSION.

Giving Portfolio

Total Grants
3
Total Giving
$317K
Recipients
3
Years Active
2018 - 2020
Avg grant: $105,649 Median: $125,385

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20201$14K $14K01
20191$125K $125K01
20181$178K $178K10

Sectors Funded

Health Care
3

Top States

New York
3

Grantee Size Profile

Over $50M
3

Top Grantees

Grants Awarded · 3 grants

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Financials

Total Revenue
$601,528
Total Expenses
$304,037
Net Assets
$8,471,019
10 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 35.9%
Expenses ↑ 15.2%
Revenue Sources
Contributions 78.2% Investment 21.8%
Expense Breakdown
Fundraising 100.0%

Officers & Trustees (15)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2022 Form 990$601,528 $304,037$8,471,019
2021 Form 990$938,408 $263,811$8,160,790
2020 Form 990$2,527,511 $265,300$9,135,495
2019 Form 990$1,288,254 $257,968$5,158,859
2018 Form 990$602,175 $487,371$4,867,254

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EIN: 22-2230692 · Source: IRS Form 990 e-file data