Greater New York Hospital Foundation Inc
- Assets
- $984.2k
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1978
- Data as of
- 12/2021
- EIN
- 13-2954140
Organization Overview
Greater New York Hospital Foundation Inc is located in New York, NY. The organization was established in 1978. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater New York Hospital Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Greater New York Hospital Foundation Inc generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Greater New York Hospital Foundation Inc has awarded 44 individual grants totaling $14,189,466. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY AND IMPLEMENT INNOVATIVE SOLUTIONS TO CHALLENGES FACING THE HEALTH CARE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID-19 EMERGENCY FUNDING (COVID): IN 2021, THE FOUNDATION RECEIVED A $2.5 MILLION GRANT FROM THE MOTHER CABRINI HEALTH FOUNDATION FOR COVID-19 RESPONSE EFFORTS. THE FOUNDATION DISTRIBUTED THE FUNDS TO GNYHA'S NEW YORK CITY MEMBER HOSPITALS TO SUPPORT THEIR COVID-19 RESPONSE AND PREPAREDNESS ACTIVITIES.
IMPROVING ACCESS TO MEDICATION-ASSISTED TREATMENT FOR PATIENTS WITH OPIOID USE DISORDER (OUD): THIS PROJECT'S AIM WAS TO IMPLEMENT CLINICAL AND OPERATIONAL WAYS TO REDUCE THE PREVALENCE OF OPIOD USE DISORDER. IN DECEMBER 2019, THE FOUNDATION WAS AWARDED A GRANT IN THE AMOUNT OF $187,000 BY MOTHER CABRINI HEALTH FOUNDATION TO CREATE PARTNERSHIPS WITH A GROUP OF HOSPITALS AND THEIR EMERGENCY ROOMS FOR PATIENTS WITH OUD, COMBINING OPIOD AGONISTS WITH COUNSELING, PEER SUPPORT, AND BEHAVIORAL THERAPIES.
RECHARGE ROOMS TO SUPPORT NEW YORK CITY'S MOST VULNERABLE HEALTH CARE WORKFORCE (WELLNESS): THIS PROJECT'S AIM WAS TO SUPPORT AND AMPLIFY CURRENT EMPLOYEE HEALTH AND WELLNESS PROGRAMMING IN SAFETY NET HOSPITALS. IN SEPTEMBER 2020, THE FOUNDATION WAS AWARDED A GRANT IN THE AMOUNT OF $250,000 BY THE BARCLAYS FOUNDATION TO SUPPORT THE INSTALLATION OF "RECHARGE ROOMS" IN 15 NEW YORK SAFETY NET HOSPITALS. RECHARGE ROOMS OFFER HOSPITAL STAFF A HOLISTIC, RESTORATIVE EXPERIENCE THROUGH THE USE OF SOUND, VIDEO, AROMATHERAPY AND SENSORY STIMULI, PROVIDING THEM A PLACE TO ESCAPE TO AND RECHARGE IN THE MIDST OF A BUSY WORKDAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Johnson Executive Director | Officer | 1.83 | $17,450 |
Emma Devito Vice Chair Long Term Care | OfficerTrustee | 0.13 | $0 |
Laray Brown Chair | OfficerTrustee | 0.13 | $0 |
Louis A Shapiro Past Chair | OfficerTrustee | 0.13 | $0 |
Steven J Corwin Past Chair | OfficerTrustee | 0.13 | $0 |
Gary S Horan Past Chair | OfficerTrustee | 0.13 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fund For The City Of New York Inc Subcontracting | 12/30/21 | $155,900 |
Studio Elsewhere Llc Dgn, Engineering & Instl Of Studio | 12/30/21 | $225,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,966,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,966,101 |
| Total Program Service Revenue | $109,917 |
| Investment income | $486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,076,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,539,675 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,464 |
| Compensation of current officers, directors, key employees. | $21,464 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,664 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,664 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $435,333 |
| Advertising and promotion | $0 |
| Office expenses | $14,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,880 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,937 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,306 |
| All other expenses | $0 |
| Total functional expenses | $3,343,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $750,309 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $97,014 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,917 |
| Total assets | $984,240 |
| Accounts payable and accrued expenses | $100,730 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $77,089 |
| Total liabilities | $177,819 |
| Net assets without donor restrictions | $220,039 |
| Net assets with donor restrictions | $586,382 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $984,240 |
Grants Awarded
Over the last fiscal year, Greater New York Hospital Foundation Inc has awarded $2,500,400 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: COVID SUPPORT | $879,701 |
Tarrytown, NY PURPOSE: COVID SUPPORT | $447,684 |
Brooklyn, NY PURPOSE: COVID SUPPORT | $233,109 |
Jamaica, NY PURPOSE: COVID SUPPORT | $173,494 |
New York, NY PURPOSE: COVID SUPPORT | $152,858 |
Brooklyn, NY PURPOSE: COVID SUPPORT | $126,491 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Greater New York Hospital Foundation Inc has recieved totaling $3,078,175.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: SUPPORTING NYC SAFETY-NET HOSPITALS AS THEY CARE FOR COVID-19 PATIENTS | $2,500,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: TRANSFORMING LEADERSHIP-PROVIDER RELATIONSHIPS TO REDUCE CLINICIAN BURNOUT | $390,313 |
United Hospital Fund Of New York New York, NY PURPOSE: TO BUILD PROVIDER CAPACITY AND ENHANCE THE QUALITY OF CARE WITHIN HEALTH SYSTEMS ACROSS NY | $125,000 |
Mother Cabrini Health Foundation New York, NY PURPOSE: IMPROVING ACCESS TO INTEGRATED REMOTE HEALTH AND SOCIAL CARE | $62,662 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
Lvhn Scranton Orthopedic Specialists Allentown, PA | $3,870,668 | $16,734,711 |
Guthrie Towanda Memorial Hospital Towanda, PA | $0 | $13,772,403 |
Lehigh Valley Hospital - Coordinated Health Bethlehem Allentown, PA | $0 | $23,779,920 |
Margaretville Memorial Hospital Margaretville, NY | $7,505,744 | $15,666,335 |
Shore Rehabilitation Institute Inc Brick, NJ | $9,020,027 | $18,706,830 |
Geisinger Jersey Shore Hospital Danville, PA | $29,794,644 | $19,405,127 |
Upmc Pittsburgh, PA | $6,204,114 | $10,718,414 |
Community Medical And Dental Care Monsey, NY | $10,163,630 | $17,584,178 |
Rochester Regional Health Foundation Rochester, NY | $93,100,640 | $25,028,358 |
Lourdes Cardiology Services Pc Marlton, NJ | $93,350 | $14,562,644 |
Legacy Waterbury Hospital Inc Waterbury, CT | $10,097,657 | $5,007,818 |