Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1991.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
52 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
20 people listed on the 990; $874K paid to officers and key staff.
Elliot Stockstad’s $263K as Exec.dir. Mhf is at the 36th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Elliot Stockstad | $263,007 | $200,673 | — | — | — |
| Monica Ricarte Powers | $250,306 | $193,673 | — | — | — |
| Craig Davison | $228,774 | $181,103 | — | — | — |
| Carolyn Kadyk | — | $161,550 | $174,558 | $164,751 | $161,137 |
| Stephanie Cline | — | — | — | $128,570 | $170,998 |
| Angela Lee Hylton | — | — | $139,626 | $113,677 | — |
| Emma Conway | $131,600 | — | — | — | — |
| Angela Hylton | — | — | — | — | $107,336 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Raises and distributes philanthropic funds to support breast imaging, cancer treatment, and specialized oncology services for communities across the Pacific Northwest.
Questions for Multicare Foundations
Your first name shows with your question. Multicare Foundations answers here, for everyone.
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Multicare foudations focuses on providing support to multicare health system, a related healthcare tax-exempt organization, through its' regional divisions, multicare good samaritan, multicare behavioral health, multicare inland northwest, multicare south king and multicare health foundation, and acts like a vehicle for the community…
In 2024 multicare foundations provided $1,089,754 in funding for the aquisition of new technology and medical equipment at multicare health system hospitals and clinics. Specifically the folowing received the support: multicare tacoma general- allenmore, good samaritan hospital, multicare auburn and convington medical centers, multicare…
In 2024 multicare foundations provided $759,016 in funding for carol milgard breast center and for multicare radiation oncology and cancer institute. The breast center, a joint venture multicare health system-virginia mason franciscan health, is located in tacoma, wa, and is dedicated solely to breast imaging and procedures offering a…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $11.3M | $3.3M |
| Total assetsLn 16 | $74.2M | $92.1M |
| LiabilitiesLn 26 | $1.1M | $2.0M |
| Net assetsLn 32 | $73.1M | $90.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $4.7M | $4.7M | ||
| Other salaries and wagesLn 7 | $1.8M | $1.8M | ||
| Other employee benefitsLn 9 | $359K | $359K | ||
| Payroll taxesLn 10 | $108K | $108K | ||
| Other fees for servicesLn 11g | $2K | $2K | ||
| Advertising and promotionLn 12 | $145K | $145K | ||
| Office expensesLn 13 | $70K | $70K | ||
| OccupancyLn 16 | $124K | $124K | ||
| TravelLn 17 | $35K | $4K | $31K | |
| Other expenses (24a–d)Ln 24 | $1.6M | $1.4M | $142K | |
| All other expensesLn 24e | $23K | $23K | ||
| Total functional expensesLn 25 | $8.9M | $4.7M | $1.6M | $2.7M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $17.8M | $8.9M | $8.9M | $90.1M | 990 PDF |
| FY2023 | $16.2M | $7.7M | $8.5M | $73.1M | 990 PDF |
| FY2022 | $13.5M | $10.6M | $2.9M | $62.9M | 990 PDF |
| FY2021 | $11.2M | $10.1M | $1.1M | $68.8M | 990 PDF |
| FY2020 | $10.9M | $8.8M | $2.1M | $58.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $17,824,340 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, 1 to look at
Part VIII · Statement of revenue $17,824,340 across 11 lines filed
Part IX · Statement of functional expenses $8,900,245 across 11 lines filed
Part X · Balance sheet $92,087,631 assets, 10 lines filed
Part XI · Reconciliation of net assets $90,130,851 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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