About Mercy Hospitalcedar Rapidsia Endowment Foundation
The Mercy Hospital/Cedar Rapids IA Endowment Foundation directs essentially all of its funding to Mercy Medical Center in Cedar Rapids, supporting patient education and financial assistance programs. Its activity is narrowly focused on sustaining direct patient services at a single regional hospital rather than a diversified set of charities. The foundation functions as an institutional endowment whose grants underwrite operational and patient-facing needs at Mercy Medical Center.
Focus Areas
Patient education programs at Mercy Medical Center (Cedar Rapids)Patient financial assistance / charity care provided by Mercy Medical CenterOperational support for a single regional hospital (Mercy Medical Center)
Who They Fund
cancer patientspatients receiving hospice / palliative carefamily and informal caregiversnursing students / aspiring clinical workforceolder adults / long-term residential care residents
About Mercy Hospitalcedar Rapidsia Endowment Foundation
Mercy Hospitalcedar Rapidsia Endowment Foundation Inc directs nearly all of its giving to Mercy Medical Center in Cedar Rapids, with recent grants supporting equipment, operations, the Hall Radiation Center, Hallmar Village, and patient-centered services. The pattern is consistent across 2023, 2024, and 2025: the foundation functions as an institutional endowment for a single regional hospital rather than a broad charity funder. Recent grants show both large capital support and recurring operating support. The largest listed grant, $13,818,252 in 2024, went to Mercy Medical Center for equipment, while $3,164,114 in 2025 supported Hallmar Village. Other sizable awards funded Mercy Medical Center projects and operations at $3,152,850 in 2023 and $2,088,979 in 2025. Alongside those institutional awards, the foundation also backs services tied to cancer care, hospice, family caregivers, nursing education, and patient assistance, all through Mercy Medical Center in Cedar Rapids.
What Mercy Hospitalcedar Rapidsia Endowment Foundation Funds
The foundation supports a narrow set of hospital programs at Mercy Medical Center, with several named grants pointing to clinical infrastructure and patient services. It gave $549,690 in 2025, $524,153 in 2024, and $557,820 in 2023 for the Hall Radiation Center, showing sustained backing for cancer treatment services. Patient-facing support is another recurring theme. Grants of $326,153 in 2025, $300,467 in 2023, and $278,398 in 2024 funded the Family Caregivers Center. Hospice House and Hospice Programs received $298,472 in 2024, $283,658 in 2025, and $226,419 in 2023. The foundation also supported Cancer Services & Hall-Perrine Cancer Center, Nursing Scholarships & Educational Programs, and Patient Education & Assistance through Mercy Medical Center.
How Mercy Hospitalcedar Rapidsia Endowment Foundation Gives
Typical grant sizes are substantial: the 25th percentile is $218,504, the median is $301,003, and the 75th percentile is $1,383,340. The distribution suggests a mix of mid-sized program grants and much larger capital or project awards. The same recipient appears across multiple years, with Mercy Medical Center receiving repeated support in 2023, 2024, and 2025. The foundation operates as an institutional endowment and gives locally, with all listed grants going to Iowa recipients. No application process is indicated in the provided data.
Financial Snapshot
Annual Giving
$22.1M
Total Assets
$140.9M
Total Revenue
$11.4M
Total Expenses
$23.9M
Typical Grant Size
Most grants fall between $219K and $1.4M, with a median of $301K.
25th Percentile
$219K
Median
$301K
75th Percentile
$1.4M
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
NATHAN VAN GENDEREN
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