Northwestern Memorial HealthCare

Chicago, IL, 606113319 (312) 926-4237 Est. 1982 EIN 36-3152959
E22 - General Hospitals 990 - Public charity return 501(c)(3)
www.nm.org

Mission

WE ARE AN ORGANIZATION OF CAREGIVERS WHO ASPIRE TO CONSISTENT, HIGH STANDARDS OF QUALITY, COST-EFFECTIVENESS AND PATIENT SATISFACTION. WE SEEK TO IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE BY DELIVERING A BROAD RANGE OF SERVICES WITH SENSITIVITY TO THE INDIVIDUAL NEEDS OF OUR PATIENTS AND THEIR FAMILIES. WE ARE BONDED IN AN ESSENTIAL ACADEMIC AND SERVICE RELATIONSHIP WITH FEINBERG SCHOOL OF MEDICINE OF NORTHWESTERN UNIVERSITY. THE QUALITY OF OUR SERVICES IS ENHANCED THROUGH THEIR INTEGRATION WITH EDUCATION AND RESEARCH IN AN ENVIRONMENT THAT ENCOURAGES EXCELLENCE OF PRACTICE, CRITICAL INQUIRY AND LEARNING.

Giving Portfolio

Total Grants
231
Total Giving
$305.7M
Recipients
231
Years Active
2017 - 2024
Avg grant: $1,457,106 Median: $10,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202423$39.3M $1.7M419
202343$36.0M $837K2518
202239$45.1M $1.2M2118
202127$47.4M $1.8M1215
202029$37.2M $1.3M218
201936$50.3M $1.4M2610
201825$29.2M $1.2M214
20179$21.2M $2.4M90

Sectors Funded

Diseases & Disorders
28
Philanthropy & Grantmaking
19
Community Improvement
17
Arts, Culture & Humanities
14
Housing & Shelter
13
Health Care
12
Food, Agriculture & Nutrition
12
Education
10
and 10 more sectors

Top States

Illinois
201
Florida
9
District of Columbia
5
New York
4
Ohio
2
Texas
2
Colorado
2
Iowa
2
and 4 more states

Grantee Size Profile

Over $50M
55
$1M - $5M
42
$10M - $50M
37
$5M - $10M
28
$100K - $500K
17
$500K - $1M
13
Under $100K
10

Top Grantees

Page 1 of 3

Grants Awarded · 208 grants

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Financials

Total Revenue
$2,773,030,061
Total Expenses
$1,945,972,760
Net Assets
$4,326,892,898
5,309 employees
From latest filing (tax period ending 2025-08-31)

Financial Health

Operating Reserve
2.2 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 22.8%
Expenses ↑ 8.0%
Revenue Sources
Contributions 0.2% Earned revenue 66.8% Investment 32.4% Other 1.0%
Expense Breakdown
Program 86.4% Management 13.6%

Officers & Trustees (1)

Individual compensation is available on Grow plans.

Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Sep 1, 2024 to Aug 31, 2025
$2,773,030,061 ↑$1,945,972,760$4,326,892,898
2023 990 - Public charity return
Sep 1, 2023 to Aug 31, 2024
$2,259,070,785 ↑$1,801,649,652$3,676,435,384
2022 990 - Public charity return
Sep 1, 2022 to Aug 31, 2023
$2,057,415,454 ↑$1,684,720,180$2,935,384,127
2021 990 - Public charity return
Sep 1, 2021 to Aug 31, 2022
$2,009,411,319 ↑$1,556,886,755$1,961,271,648
2020 990 - Public charity return
Sep 1, 2020 to Aug 31, 2021
$1,940,088,949 ↑$1,432,403,223$3,049,019,381
2019 990 - Public charity return
Sep 1, 2019 to Aug 31, 2020
$1,513,487,183 ↑$1,292,087,754$1,269,967,010
2018 990 - Public charity return
Sep 1, 2018 to Aug 31, 2019
$1,226,577,935 ↑$1,113,739,354$576,666,914
2017 990 - Public charity return
Sep 1, 2017 to Aug 31, 2018
$1,193,319,992 $985,573,720$966,449,566

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EIN: 36-3152959 · Source: IRS Form 990 e-file data