CARILION FRANKLIN MEMORIAL HOSPITAL

ROANOKE, VA, 24025 (540) 224-5102 Est. 1956 EIN 54-0480606
E220 - Health Care 990 - Public charity return 501(c)(3)
www.carilionclinic.org

Mission

OUR MISSION IS TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE THROUGH OUR COMMITMENT TO A COMMON PURPOSE OF BETTER PATIENT CARE, BETTER COMMUNITY HEALTH, AND LOWER COST.

Giving Portfolio

Total Grants
43
Total Giving
$570K
Recipients
32
Years Active
2017 - 2024
Avg grant: $13,566 Median: $11,500

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202412$165K $14K33
20234$34K $9K04
20224$50K $12K13
20213$53K $18K12
20202$21K $11K02
201910$109K $11K23
20184$63K $16K04
20174$77K $19K40

Sectors Funded

Civil Rights & Advocacy
9
Philanthropy & Grantmaking
6
Human Services
6
Food, Agriculture & Nutrition
4
Housing & Shelter
2

Top States

Virginia
43

Grantee Size Profile

$100K - $500K
16
$500K - $1M
13
$5M - $10M
6
$1M - $5M
4

Top Grantees

Page 1 of 3

Grants Awarded · 39 grants

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Financials

Total Revenue
$114,894,972
Total Expenses
$87,954,422
Net Assets
$45,619,556
629 employees 40 volunteers
From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve
6.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 18.4%
Expenses ↑ 9.3%
Revenue Sources
Contributions 0.8% Earned revenue 97.9% Investment 1.0%
Expense Breakdown
Program 79.8% Management 20.2%

Officers & Trustees (21)

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Filing History (10 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$114,894,972 $87,954,422$45,619,556
2024 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$114,894,972 ↑$87,954,422$45,619,556
2023 990 - Public charity return
Oct 1, 2023 to Sep 30, 2024
$97,004,107 ↑$80,444,451$36,377,875
2022 990 - Public charity return
Oct 1, 2022 to Sep 30, 2023
$82,260,724 ↑$72,525,268$33,936,799
2021 990 - Public charity return
Oct 1, 2021 to Sep 30, 2022
$70,034,301 ↑$66,879,616$24,035,857
2020 990 - Public charity return
Oct 1, 2020 to Sep 30, 2021
$61,896,719 ↑$56,430,791$10,705,032
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$53,453,560 $48,686,012$-154,418
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$53,453,560 ↑$48,686,012$-154,418
2018 990 - Public charity return
Oct 1, 2018 to Sep 30, 2019
$52,532,680 ↑$47,558,836$-3,805,246
2017 990 - Public charity return
Oct 1, 2017 to Sep 30, 2018
$48,613,274 $46,770,114$162,185

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EIN: 54-0480606 · Source: IRS Form 990 e-file data