American Hospital Of Paris Foundati On
- Assets
- $24.5m
- Revenue
- $2.9m
- Investments
- $104.6k
- Employees
- 1
- Location
- New York, NY
- Founding
- 06/1976
- Data as of
- 12/2021
- EIN
- 54-1031618
Organization Overview
American Hospital Of Paris Foundati On is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Hospital Of Paris Foundati On 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, American Hospital Of Paris Foundati On generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 9.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS FOR, INVEST THE ENDOWMENT OF, AND RAISE AWARENESS OF THE AMERICAN HOSPITAL OF PARIS.THE AMERICAN HOSPITAL OF PARIS FOUNDATION RAISES FUNDS IN THE UNITED STATES FOR THE AMERICAN HOSPITAL OF PARIS TO HOLD AND INVEST ITS ENDOWMENT AND TO RAISE AWARENESS OF THE HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCES IN TECHNOLOGY AND MEDICAL EXCHANGE PROGRAM - THIS PROGRAM WAS ESTABLISHED TO PROVIDE GRANTS TO THE HOSPITAL FOR ADVANCES IN TECHNOLOGY AND MEDICAL CARE. THE TECHNOLOGY AND MEDICAL EXCHANGE PROGRAM INVOLVES THE ORGANIZATION OF JOINT SCIENTIFIC SYMPOSIUMS, PHYSICIAN, NURSING, AND MEDICAL STUDENT EXCHANGES, RESEARCH, AND ACADEMIC COLLABORATIONS WITH THE AMERICAN HOSPITAL OF PARIS' U.S. AFFILIATES. THE FOUNDATION FUNDS PROGRAM EXPENSES DIRECTLY FOR THE AMERICAN HOSPITAL OF PARIS AND HAS CONTINUED TO MAKE REIMBURSEMENTS FOR VARIOUS COLLABORATIVE PROGRAMS BETWEEN DOCTORS AND LEADERSHIP AT THE AMERICAN HOSPITAL OF PARIS AND THE U.S. HOSPITALS AFFILIATED WITH THE PROGRAM.
SENIOR U.S. MEDICAL ADVISOR TO THE AMERICAN HOSPITAL OF PARIS - TO MAINTAIN THE AMERICAN IDENTITY AND CARE AT THE HOSPITAL, THE FOUNDATION CREATED AND FUNDS THE SENIOR U.S. MEDICAL ADVISOR TO THE AMERICAN HOSPITAL OF PARIS POSITION AT THE HOSPITAL. THE U.S. PHYSICIAN WORKS CLOSELY AND CONSULTS WITH THE AMERICAN HOSPITAL OF PARIS' CEO, THE DIRECTOR OF MEDICAL AFFAIRS, PHYSICIANS, NURSES AND THE BOARD OF GOVERNORS. THE FOUNDATION PROVIDES THE PHYSICIAN WITH A FEE MUTUALLY AGREED UPON FOR HIS CONSULTING WORK AND VISITS TO THE HOSPITAL.
INTERNATIONAL MEDICAL STUDENT EXCHANGE PROGRAM - THIS EDUCATIONAL PROGRAM WAS ESTABLISHED TO PROVIDE FOURTH YEAR MEDICAL STUDENTS FROM THE FOUNDATION'S NEW YORK AFFILIATE, THE WEILL CORNELL MEDICAL SCHOOL, AN OPPORTUNITY TO PARTICIPATE IN A SIX-WEEK CLINICAL ROTATION AT THE HOSPITAL TO LEARN ABOUT ANOTHER CULTURE'S APPROACH TO MEDICINE WHILE BEING MENTORED BY PRACTICING PHYSICIANS AT THE HOSPITAL. UP TO THREE STUDENTS PER YEAR PARTICIPATE IN THE PROGRAM. THE FOUNDATION ORGANIZES THE PROGRAM AND PROVIDES EACH PARTICIPATING STUDENT WITH A STIPEND TO COVER COSTS WHILE IN PARIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meg Hammer Director Of Programs And Operations | Officer | 40 | $118,750 |
Donna Chapman Chairman | OfficerTrustee | 5 | $0 |
Rick Friedberg Vice Chairman | OfficerTrustee | 5 | $0 |
Jean-Claude Gruffat Vice Chairman | OfficerTrustee | 5 | $0 |
Mark L Yockey President | OfficerTrustee | 5 | $0 |
Frank Ginsberg Vice President And Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,545 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,686,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,795,771 |
| Total Program Service Revenue | $0 |
| Investment income | $463,959 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $700,186 |
| Net Income from Fundraising Events | -$36,527 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,923,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,195,097 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,750 |
| Compensation of current officers, directors, key employees. | $21,494 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $83,269 |
| Fees for services: Other | $167,966 |
| Advertising and promotion | $8,436 |
| Office expenses | $20,566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,441 |
| Travel | $13,566 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,090 |
| Insurance | $8,416 |
| All other expenses | $0 |
| Total functional expenses | $1,697,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,947 |
| Savings and temporary cash investments | $5,630,975 |
| Pledges and grants receivable | $1,483,490 |
| 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 | $0 |
| Net Land, buildings, and equipment | $39,270 |
| Investments—publicly traded securities | $17,089,692 |
| Investments—other securities | $104,629 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,601 |
| Total assets | $24,493,604 |
| Accounts payable and accrued expenses | $57,735 |
| 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 | $4,080,000 |
| Total liabilities | $4,137,735 |
| Net assets without donor restrictions | $6,496,052 |
| Net assets with donor restrictions | $13,859,817 |
| 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 | $24,493,604 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that American Hospital Of Paris Foundati On has recieved totaling $2,237,821.
| Awarding Organization | Amount |
|---|---|
Ting Tsung And Wei Fong Chao Foundation Houston, TX PURPOSE: GENERAL OPERATIONS | $850,755 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: WELLNESS FUND | $612,981 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $382,000 |
Ting Tsung And Wei Fong Chao Foundation Houston, TX PURPOSE: GENERAL OPERATIONS | $283,585 |
Chauncey And Marion Deering Mccormick Foundation Chicago, IL PURPOSE: HOSPITALS, HEALTH, AND MEDICAL | $45,000 |
Hoyt Fund Brunswick, ME PURPOSE: UNRESTRICTED SUPPORT | $20,000 |
Endowment Analysis
| Beg. Balance | $5,913,855 |
| Earnings | $623,461 |
| Ending Balance | $6,537,316 |
Peer Organizations
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|---|---|---|
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |
Buildon Inc Stamford, CT | $19,130,694 | $16,459,828 |
Womens World Banking Inc New York, NY | $45,990,561 | $24,725,214 |
Innovation Africa New York, NY | $6,054,720 | $16,340,258 |
Near East Foundation Syracuse, NY | $16,218,674 | $15,526,282 |
Amref Health Africa Inc New York, NY | $11,305,543 | $22,534,673 |
International Schools Services Inc Princeton, NJ | $22,409,212 | $13,743,105 |
British Schools And Universities Foundation Inc New York, NY | $4,352,409 | $13,471,425 |
Istanbul International Community School Inc Princeton, NJ | $19,037,423 | $13,733,005 |