New York-Presbyterian Fund Inc

Organization Overview

New York-Presbyterian Fund Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. New York-Presbyterian Fund 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 12/2020, New York-Presbyterian Fund Inc generated $309.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $260.9m during the year ending 12/2020. While expenses have increased by 5.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO RECEIVE, SOLICIT & ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL & SCIENTIFIC PURPOSES, PRIMARILY FOR BENEFIT OF HEALTH CARE RELATED CHARITABLE ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW YORK-PRESBYTERIAN FUND INC. IS ORGANIZED TO SOLICIT, RECEIVE, ADMINISTER FUNDS AND PROVIDE MALPRACTICE INSURANCE TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, PRIMARILY FOR THE BENEFIT OF 501(C)(3) HEALTH CARE RELATED CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blackbaud Inc
Software Maintenance
$644,661
Rasco Graphics
Print Production
$386,374
Stratosphere Multimedia Llc
Video Production Service
$225,793
Dobson Craig And Associates
Audio Visual
$189,150
Brightvine Solutions
Technology Consultant
$183,011
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$232,780,046
Investment income $1,006,417
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $20,299
Net Income from Fundraising Events $348,129
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $309,360,854

Grants Awarded

Over the last fiscal year, New York-Presbyterian Fund Inc has awarded $148,663,556 in support to 2 organizations.

Grant RecipientAmount

THE NEW YORK AND PRESBYTERIAN HOSPITAL

Org PageRecipient Profile

New York, NY

PURPOSE: Healthcare

$148,493,676

NEW YORK GRACIE SQUARE HOSPITAL

Org PageRecipient Profile

New York, NY

PURPOSE: Healthcare

$169,880
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that New York-Presbyterian Fund Inc has recieved totaling $35,750.

Awarding OrganizationAmount
Taubman Foundation For The Arts

Roanoke, VA

PURPOSE: OPERATING CONTRIBUTION

$25,000
Peter And Deborah Lamm Foundation

Boston, MA

PURPOSE: GENERAL PURPOSES

$10,000
Arison Family Foundation

Basking Ridge, NJ

PURPOSE: GENERAL CONTRIBUTION

$750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$456,234,109
Earnings$60,061,411
Admin Expense$3,467,713
Other Expense$29,432
Ending Balance$512,798,375

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