Healthcare Educational & Research Fund Inc

Organization Overview

Healthcare Educational & Research Fund Inc is located in Rensselaer, NY. The organization was established in 1963. As of 12/2021, Healthcare Educational & Research Fund Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcare Educational & Research 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 12/2021, Healthcare Educational & Research Fund Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OFFER EDUCATION, RESEARCH, & GRANTS TO SUPPORT THE MISSION OF THE HEALTHCARE ASSOCIATION OF NYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HERF WAS AWARDED A GRANT TO PROVIDE CRITICAL SERVICES TO NEW YORK HOSPITALS DURING THE COVID-19 CRISIS. THE PROGRAM HELPED PROTECT AND EASE THE BURDEN OF FRONTLINE WORKERS AT NEW YORK HOSPITALS BY FUNDING THE PURCHASE OF PERSONAL PROTECTIVE EQUIPMENT, ADDITIONAL EQUIPMENT AND SUPPLIES, STAFF EDUCATION, TRAINING AND SUPPORT ACTIVITIES, AND EXPENSES RELATED TO TRANSPORTATION, ACCOMMODATIONS AND MEALS FOR NON-PHYSICIAN FRONTLINE HOSPITAL WORKERS.


HERF PLANNED AND MANAGED A WIDE VARIETY OF EDUCATIONAL PROGRAMS, SEMINARS, AND BRIEFINGS FOR THE HOSPITAL AND NURSING HOME MEMBERS OF HANYS. TOPICS COVERED INCLUDED MANAGED CARE, BEHAVIORAL HEALTH, THE INTERPRETATION AND STRATEGIC USE OF HEALTHCARE DATA AND INFORMATION, LEADERSHIP AND SUPERVISION, QUALITY IMPROVEMENT, CONTINUING CARE, EMERGENCY PREPAREDNESS, NEW YORK STATE AND FEDERAL HEALTHCARE POLICY, AND HEALTH INFORMATION TECHNOLOGY.


HERF WAS AWARDED A GRANT, FUNDED BY THE NYS HEALTH FOUNDATION, THE SAMUELS FOUNDATION AND THE HEALTH FOUNDATION FOR WESTERN AND CENTRAL NEW YORK. THE PURPOSE OF THE PROJECT IS TO WORK WITH THE HEALTH SYSTEMS TO BECOME AGE-FRIENDLY, IMPROVING CARE FOR PATIENTS, FAMILIES, CAREGIVERS, AND HEALTHCARE PROVIDERS. THE FIRST CONTRACT ENDED OCTOBER 2021, AT WHICH POINT NEW YORK COMMUNITY TRUST JOINED FOR THE SECOND YEAR OF THE CONTRACT, EXPECTED TO END OCTOBER 2023.


EDUCATIONAL PROGRAMS AND OTHER CONSULTING.


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Board, Officers & Key Employees

Name (title)Compensation
Allison Manny
Vice President
$135,783
Mary Kay Hayes
Chief Financial Officer
$10,998
Marie B Grause
President
$5,556
Courtney Burke
Chief Operating Officer
$1,288
Bruce Flanz
Chair
$0
Thomas Carman
Treasurer
$0

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$676,656
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$676,656
Total Program Service Revenue$503,521
Investment income $0
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 $1,180,177

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Healthcare Educational & Research Fund Inc has recieved totaling $2,813,303.

Awarding OrganizationAmount
Mother Cabrini Health Foundation

New York, NY

PURPOSE: COVID-19 EMERGENCY GRANTS PROGRAM RENEWAL

$1,500,000
Mother Cabrini Health Foundation

New York, NY

PURPOSE: ADVANCING HEALTHCARE EXCELLENCE AND INCLUSION

$999,964
New York State Health Foundation

New York, NY

PURPOSE: BUILDING AN AGE-FRIENDLY HEALTH SYSTEM: NEW YORK STATE PHASE 2

$171,662
New York State Health Foundation

New York, NY

PURPOSE: ESTABLISHING A NEW YORK STATE PATHWAY TO PERSON-CENTERED CARE CERTIFICATION

$49,979
New York State Health Foundation

New York, NY

PURPOSE: BUILDING AN AGE-FRIENDLY HEALTH SYSTEM: NEW YORK STATE PHASE 2

$42,916
Mother Cabrini Health Foundation

New York, NY

PURPOSE: ADDRESSING HEALTHCARE DISPARITIES THROUGH EDUCATION AND LEADERSHIP

$33,997
View Grant Recipient Profile

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