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    3. Grhs Holdings
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    Grhs Holdings

    ActiveHealth Care
    WEST BURLINGTON, IAWebsite3197681000

    About Grhs Holdings

    GRHS HOLDINGS INC directs virtually all of its philanthropic dollars to supporting regional acute care providers in southeast Iowa, providing large unrestricted operating support to local hospitals. Funding is narrowly focused on sustaining hospital operations and health system capacity rather than broad philanthropic diversification.

    Focus Areas

    Unrestricted operating support for Southeast Iowa regional hospitals (primarily Southeast Iowa Regional Medical Center)Stabilizing local health system operations in the Burlington/West Burlington areaCapital and operational support for regional acute care delivery (Great River Health System)

    Giving Approach

    Highly concentrated and large-scale giving: almost all dollars go to one core grantee (multiple grants to Southeast Iowa Regional Medical Center) with a single smaller grant to another regional health system; few total grants and a focus on substantial operating support rather than many small or diversified awards.

    Funding Style

    operating supportgeneral operating supportunrestricted/core support

    About Grhs Holdings

    Grhs Holdings Inc’s recent grantmaking is defined by very large operating support for Southeast Iowa’s acute-care system. In 2025, it gave $40,000,000 to Southeast Iowa Regional Medical Center Inc in West Burlington for operating support, following a $30,154,146 grant in 2024 and a $25,000,000 grant in 2023 to the same recipient. That pattern shows a sustained commitment to keeping regional hospital operations funded at a scale far above typical local philanthropy. The foundation also supported Great River Health System with a $1,200,000 operating grant in 2024, reinforcing its focus on the health system that serves the Burlington and West Burlington area. Across the available record, the giving is narrowly concentrated on hospital operations and health system capacity, rather than a broad mix of causes. Leadership is listed as Dr. Michael McCoy. The foundation’s latest 990 on file is 2025, with annual grants of $96,354,146 and total assets of $260,663,070.

    What Grhs Holdings Funds

    Grhs Holdings Inc concentrates on operating support for regional hospitals. A core example is the $40,000,000 grant to Southeast Iowa Regional Medical Center Inc for operating support, followed by two earlier operating grants of $30,154,146 and $25,000,000 to the same hospital system. It also supports the broader health system infrastructure behind local acute care. In 2024, the foundation gave $1,200,000 to Great River Health System for operating support, showing that its funding extends beyond a single facility to the wider delivery network. The active program list adds another layer: community grants through the Great River Health Foundation support local health-related nonprofit programs and community health initiatives in Southeast Iowa and Iowa. The foundation also maintains scholarship programs tied to healthcare education, including support for students in its service area.

    How Grhs Holdings Gives

    Typical grant size is large: the p25 is $19,050,000, the median is $27,577,073, and the p75 is $32,615,610. The recent record shows repeated support to the same hospital recipient across 2023, 2024, and 2025, pointing to recurring operating support rather than one-off awards. The foundation is structured as a corporate grantmaker with a local geographic scope, and it does not fund individuals. Active scholarship programs accept unsolicited applications, while Great River Health Foundation Community Grants are administered through the foundation rather than open unsolicited intake.

    Financial Snapshot

    Annual Giving

    $20M

    Total Assets

    $270.8M

    Total Revenue

    $14.8M

    Total Expenses

    $20.3M

    Typical Grant Size

    Most grants fall between $19.1M and $32.6M, with a median of $27.6M.

    25th Percentile

    $19.1M

    Median

    $27.6M

    75th Percentile

    $32.6M

    Geographic Reach

    Local1 state funded
    Funding intensity
    Low
    High
    Headquarters

    Leadership

    DR MICHAEL MCCOY

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    © 2026 Kindora. All rights reserved.

    Privacy PolicyTerms of ServiceYour privacy choicesEnvironmental footprintSystem Status
    EIN (Tax ID): 42-1193186Latest Form 990: 2026Total assets: $270.8M4 filings on recordFind their full 990 filing →
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    overhead/core costs funding
    capacity-sustaining support

    Notable grantees: Southeast Iowa Regional Medical Center Inc, Great River Health System

    Where Grhs Holdings Makes Grants

    The giving is entirely in Iowa, with 100% of grants going to recipients in the HQ state. West Burlington appears repeatedly in the recent grants list, including the two largest grants and the $1,200,000 operating grant to Great River Health System. The active programs also point to Southeast Iowa and the Great River Health service area as the main footprint for scholarships and community grants. The top state by grant count is Iowa.

    Frequently Asked Questions About Grhs Holdings

    What does Grhs Holdings Inc fund most often?

    Its giving is centered on operating support for Southeast Iowa acute-care providers, especially Southeast Iowa Regional Medical Center Inc. The recent record includes three large operating grants to that recipient in 2023, 2024, and 2025, plus additional operating support to Great River Health System.

    Does Grhs Holdings Inc support healthcare education?

    Yes. Active programs include the Auxiliary Continuing Education Scholarship for students with at least one year of college majoring in a healthcare-related field, the Auxiliary High School Scholarship for local high school seniors pursuing healthcare careers, and the Kathleen Canella Family Scholarship for eligible local students pursuing healthcare education.

    Can organizations apply for community grants?

    The Great River Health Foundation Community Grants program supports local health-related nonprofit programs and community health initiatives in Southeast Iowa and Iowa. It is listed as not accepting unsolicited applications, unlike the scholarship programs, which do accept unsolicited applications.

    Where does Grhs Holdings Inc give?

    The grant record is entirely concentrated in Iowa. The top state by grant count is Iowa, and 100% of grants in the provided record went to recipients in the HQ state.

    Latest 990 Filing

    2026

    Source: IRS Form 990-PF, fiscal year 2026.

    Open Grant Opportunities

    Current and upcoming funding from Grhs Holdings that your nonprofit may be able to apply for.

    Open nowRolling / open intake

    Community Donations and Sponsorship Support

    Community health and wellnessHealthcare accessCivic and community activities

    Who can apply: Requests must be submitted at least 45 days before the event or activity. The requesting organization must demonstrate effective program performance, financial responsibility, and accountability, and the group, program, or event must provide appropriate visibility and value-added opportunities for Great River Health. Preference is given to events or activities with significant community health and wellness impact and to civic or community events. Exclusions include events featuring alcohol or tobacco; fraternal, labor, political, or religious organizations; political candidates; individuals; school yearbook ads; school, travel, or youth sports teams and clubs; and general fundraisers for public or private schools. Organizations may receive one sponsorship or donation per year.

    Deadline: Requests must be submitted at least 45 days before the event or activity; requests are reviewed twice a month.

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INCWEST BURLINGTON, IA$20,000,0002026OPERATING SUPPORT
    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INCWEST BURLINGTON, IA$40,000,0002025OPERATING SUPPORT
    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INCWEST BURLINGTON, IA$30,154,1462024OPERATING SUPPORT
    GREAT RIVER HEALTH SYSTEMWEST BURLINGTON, IA$1,200,0002024OPERATING SUPPORT
    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INCWEST BURLINGTON, IA$25,000,0002023OPERATING SUPPORT

    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC

    $20,000,000
    WEST BURLINGTON, IA2026

    OPERATING SUPPORT

    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC

    $40,000,000
    WEST BURLINGTON, IA2025

    OPERATING SUPPORT

    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC

    $30,154,146
    WEST BURLINGTON, IA2024

    OPERATING SUPPORT

    GREAT RIVER HEALTH SYSTEM

    $1,200,000
    WEST BURLINGTON, IA2024

    OPERATING SUPPORT

    SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC

    $25,000,000
    WEST BURLINGTON, IA2023

    OPERATING SUPPORT