Southampton Hospital Foundation Inc is located in Southampton, NY. The organization was established in 1999. 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. Southampton 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, Southampton Hospital Foundation Inc generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 0.2% 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
TO HEIGHTEN AWARENESS, PROMOTE GOODWILL & MAXIMIZE PRIVATE PHILANTHROPY TO ADVANCE AND STRENGTHEN THE MISSION AND VISION OF (SEE SCHEDULE O FOR CONTINUATION)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHAMPTON HOSPITAL FOUNDATION IS THE FUND RAISING ARM OF STONY BROOK SOUTHAMPTON HOSPITAL. A SEPARATE, NOT-FOR-PROFIT CORPORATION, THE FOUNDATION SEEKS TO HEIGHTEN AWARENESS, PROMOTE GOODWILL AND MAXIMIZE PRIVATE PHILANTHROPY TO ADVANCE AND STRENGTHEN THE MISSION AND VISION OF STONY BROOK SOUTHAMPTON HOSPITAL. IN CALENDAR YEAR 2021, THE FOUNDATION RAISED A TOTAL OF $9,726,999 IN CASH AND PLEDGES, FROM PRIVATE FOUNDATIONS, BUSINESSES AND INDIVIDUALS IN SUPPORT OF STONY BROOK SOUTHAMPTON HOSPITAL'S GENERAL AND RESTRICTED PURPOSES. OF THIS TOTAL, $8,202,677 WERE CASH CONTRIBUTIONS. CONTRIBUTED INCOME WAS USED TO SUPPORT GENERAL OPERATING NEEDS AS WELL AS A RANGE OF SPECIFIC CLINICAL PROGRAMS AND SERVICES, MEDICAL TECHNOLOGY AND EQUIPMENT AS WELL AS UNCOMPENSATED CARE AND SUPPORT SERVICES FOR VULNERABLE POPULATIONS. THE FOUNDATION RAISES FUNDS THROUGH A BROAD SPECTRUM OF FUNDRAISING ACTIVITIES INCLUDING SPECIAL EVENTS, GRANTS, DIRECT MAIL, CAPITAL CAMPAIGNS, PLANNED GIFTS, MAJOR GIFT SOLICITATIONS AND SOCIAL NETWORKING. THE FOUNDATION ALSO COLLABORATES WITH LOCAL AND REGIONAL COMMUNITY AND FRATERNAL ORGANIZATIONS TO RAISE FUNDS TO ADVANCE THE MISSION OF STONY BROOK SOUTHAMPTON HOSPITAL. IN 2021, IN ADDITION TO UNRESTRICTED FUNDS, THE FOUNDATION UNDERTOOK FUND RAISING INITIATIVES IN SUPPORT OF KEY CLINICAL INITIATIVES THAT WERE SUPPORTIVE OF THE HOSPITAL'S STRATEGIC PLAN. THESE CLINICAL INITIATIVES INCLUDED THE JENNY & JOHN PAULSON EMERGENCY DEPARTMENT, THE AUDREY AND MARTIN GRUSS HEART & STROKE CENTER, THE ED & PHYLLIS DAVIS WELLNESS INSTITUTE, THE ELLEN HERMANSON BREAST CENTER, KATHLEEN D. ALLEN MATERNITY CENTER, THE REGIONAL TICK-BORNE DISEASE RESOURCE CENTER AND THE PHILLIPS FAMILY CANCER CENTER. IN 2021, THE FOUNDATION RAISED $4,535,597 IN CASH AND PLEDGES TOWARDS THE $41M NEEDED TO BUILD A NEW FREE STANDING EAST HAMPTON EMERGENCY DEPARTMENT. THIS MONEY WAS RAISED THROUGH PRIVATE PHILANTHROPY AND MAJOR GIVING BY KEY DONORS. THE FOUNDATION ALSO PLANNED AND IMPLEMENTED ITS 63RD ANNUAL SUMMER PARTY THE OBJECTIVE OF WHICH IS TO HEIGHTEN AWARENESS OF AND RAISE FUNDS IN SUPPORT OF THE HOSPITAL'S JENNY & JOHN PAULSON EMERGENCY DEPARTMENT. IN RESPONSE TO THE CONTINUED PREVALENCE OF COVID-19, THE FOUNDATION MAINTAINED THE EVENT IN ITS SAFE 'HOST AT HOME' FORMAT SO THAT DONORS COULD ENJOY A FULLY CATERED DINNER PARTY WITHOUT ATTENDING AN 800-PERSON EVENT IN ONE TENT. THE EVENT WAS VERY SUCCESSFUL AND RAISED $894,600. IN 2021, SOUTHAMPTON HOSPITAL FOUNDATION PARTNERED WITH THE ELLEN P. HERMANSON FOUNDATION AND ELLEN'S WELL TO RAISE FUNDS ON BEHALF OF A BROAD SPECTRUM OF NEEDS RELATED TO WOMEN WITH BREAST CANCER. FUND RAISING INITIATIVES RESULTED IN THE PURCHASE OF MEDICAL EQUIPMENT AND TECHNOLOGY AND FUNDED SUPPORT SERVICES. ADDITIONALLY, WE COLLABORATED WITH INDIVIDUALS AND ORGANIZATIONS TO RAISE FUNDS FOR OUR REGIONAL TICK-BORNE DISEASE RESOURCE CENTER. FINALLY, WE DEVELOPED PLANS TO ADVANCE A MAJOR CAPITAL CAMPAIGN IN SUPPORT OF OUR EDIE WINDSOR HEALTHCARE CENTER, AND A NEW, STATE-OF-THE-ART COMMUNITY HOSPITAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven Bernstein Thru 621 Foundation President | Officer | 37.5 | $230,260 |
Mirella S Cameran Reilly Interim Cdo (from 7/21) | Officer | 37.5 | $164,119 |
Gilbert W Harrison Treasurer | OfficerTrustee | 0.5 | $0 |
Jean Remmel Little Secretary | OfficerTrustee | 0.5 | $0 |
Howard M Lorber Chairman | OfficerTrustee | 0.5 | $0 |
Christopher J Schultheis Chief Financial Officer | Officer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $972,195 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,390,090 |
Noncash contributions included in lines 1a–1f | $711,925 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,362,285 |
Total Program Service Revenue | $0 |
Investment income | $814 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$21,542 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,341,557 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,472,090 |
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. | $355,154 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $256,907 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $95,362 |
Payroll taxes | $44,232 |
Fees for services: Management | $0 |
Fees for services: Legal | $172 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $368,707 |
Fees for services: Investment Management | $11,122 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $15,054 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $115,409 |
Travel | $7,947 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $5,132,159 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,629,458 |
Savings and temporary cash investments | $10,825,584 |
Pledges and grants receivable | $5,446,287 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,901,329 |
Accounts payable and accrued expenses | $0 |
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 | $4,501,089 |
Total liabilities | $4,501,089 |
Net assets without donor restrictions | $37,429 |
Net assets with donor restrictions | $13,362,811 |
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 | $17,901,329 |
Over the last fiscal year, Southampton Hospital Foundation Inc has awarded $2,972,055 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Southampton, NY PURPOSE: GENERAL SUPPORT | $1,752,120 |
STONY BROOK SOUTHAMPTON HOSPITAL PURPOSE: GENERAL SUPPORT | $1,219,935 |
Over the last fiscal year, we have identified 3 grants that Southampton Hospital Foundation Inc has recieved totaling $29,000.
Awarding Organization | Amount |
---|---|
Leah And Alain Lebec Foundation Inc Wilmington, DE PURPOSE: EAST HAMPTON EMERGENCY CENTER | $25,000 |
Quentin J Kennedy Foundation Tenafly, NJ PURPOSE: CHARITABLE | $3,000 |
The Mclean Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Alliance Health Of Quincy Inc Southborough, MA | $18,309,564 | $19,847,469 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Broadline Risk Retention Group Inc Colchester, VT | $135,251,113 | $22,474,493 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |
The St Francis Hospital Foundation Inc Roslyn, NY | $262,392,526 | $17,931,065 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Monmouth Medical Center Foundation Inc Oceanport, NJ | $47,507,975 | $18,905,693 |