New York State Health Foundation
- Assets
- $326.0m
- Revenue
- $16.2m
- Investments
- $271.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 30-0127892
Organization Overview
New York State Health Foundation is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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 State Health Foundation 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 12/2023, New York State Health Foundation generated $16.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $15.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, New York State Health Foundation has awarded 1,211 individual grants totaling $64,205,476. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 15
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sandman President & CEO | 40 | $572,819 | |
Ellen Rautenberg Board Chair | 3 | $0 | |
Courtney Burke Board Member | 3 | $0 | |
Francis J Mcdonough Board Member | 3 | $0 | |
Kathleen Preston Board Member | 3 | $0 | |
Mary E Craig Board Member | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Morgan | 12/30/22 | $67,966 |
Drg Talent Consulting | 12/30/22 | $65,667 |
Dr Dave Chokshi | 12/30/22 | $50,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,626,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,119,858 |
| Capital Gain Net Income | $4,575,155 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $452,480 |
| Total Revenue | $16,199,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $572,819 |
| Other employee salaries and wages | $2,751,414 |
| Pension plans, employee benefits | $1,052,844 |
| Interest | $0 |
| Taxes | $93,799 |
| Depreciation | $30,028 |
| Occupancy | $812,919 |
| Travel, conferences, and meetings | $112,479 |
| Printing and publications | $13,947 |
| Other expenses | $277,461 |
| Total operating and administrative expenses | $6,064,438 |
| Contributions, gifts, grants paid | $9,206,297 |
| Total expenses and disbursements | $15,270,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564,435 |
| Savings and temporary cash investments | $52,584,278 |
| Net Accounts receivable | $678 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,978 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $271,300,869 |
| Net Land, buildings, and equipment | $54,718 |
| Other assets | $1,513,456 |
| Total assets | $326,037,412 |
| Accounts payable and accrued expenses | $364,514 |
| Grants payable | $4,385,704 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,083,073 |
| Total liabilities | $7,833,291 |
Grants Awarded
Over the last fiscal year, New York State Health Foundation has awarded $14,845,529 in support to 292 organizations.
| Grant Recipient | Amount |
|---|---|
ADIRONDACK HEALTH INSTITUTE INC PURPOSE: SUPPORTING AND SUSTAINING REGIONAL HEALTHY FOOD SYSTEMS PLANNING FOR THE ADIRONDACK FOOD SYSTEM NETWORK | $39,980 |
ADIRONDACK HEALTH INSTITUTE INC PURPOSE: CONFERENCE SCHOLARSHIP APPLICATION - HEALTHY FOOD, HEALTHY LIVES | $1,000 |
ADKACTIONORG INC PURPOSE: IMPLEMENTING AND SUSTAINING REGIONAL HEALTHY FOOD SYSTEMS PLANNING | $79,948 |
ADVANTAGE CARE DIAGNOSTIC AND TREATMENT CENTER INC PURPOSE: IMPROVING ACCESS TO AND USE OF ADVANTAGE CARE HEALTH CENTER PATIENT VISIT NOTES BY PATIENTS AND THEIR CAREGIVERS | $62,500 |
ALBANY MEDICAL CENTER GROUP ORGANIZATION PURPOSE: EXPANDING EQUITABLE ACCESS TO DOULAS IN ALBANY AND SURROUNDING COMMUNITIES | $227,636 |
ALLIED MEDIA PROJECTS PURPOSE: CARING FOR PEOPLE LIVING WITH LONG COVID | $55,936 |