Memorial Foundation Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

4500 Memorial Drive
Belleville, Illinois 62226

Memorial Foundation Inc. (EIN: 37-1186034) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Memorial Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $486,118. The highest compensated employee at Memorial Foundation Inc. is Koesterer Susan with fiscal year 2024 compensation of $506,687.

Revenue, expenses, and employee compensation

Revenue

$15,096,633

Expenses

$3,615,630

Employee compensation

Reported Compensated Employees

Koesterer Susan

Secretary

$506,687

$0 from org$422,338 from related$84,349 other

McManus Michael

President, Director TERM 4/24

$495,659

$0 from org$478,126 from related$17,533 other

Graves Deborah

President, Director BEG 3/24

$456,008

$0 from org$409,212 from related$46,796 other

Non-Employee Board Members

Olroyd Rebecca

Director

$11,321

$0 from org$11,298 from related$23 other

Harris Alan

Director

No compensation reported

Vanhook Eric

Director

No compensation reported

Wiley Gerald

Director

No compensation reported

Lowery Christopher

Director

No compensation reported

Hoering Edward

Director

No compensation reported

Schifferdecker Peggy

Director

No compensation reported

Reuter Garrett

Director

No compensation reported

Boyer Geri

Director

No compensation reported

Weld Martha

First Vice Chair

No compensation reported

Ford Tyrone

Director

No compensation reported

Mueller Robert

Director

No compensation reported

Mission Statement

MEMORIAL FOUNDATION,INC. IS COMMITTED TO BUILDING HEALTHY, VIBRANT COMMUNITIES IN PROTESTANT MEMORIAL MEDICAL CENTER, INC.'S, DBA MEMORIAL HOSPITAL, SERVICE AREA NOW AND FOR GENERATIONS TO COME.