Millennium Health Foundation Inc
- Assets
- $195.6k
- Revenue
- $51.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 13-3803729
Organization Overview
Millennium Health Foundation Inc is located in New York, NY. The organization was established in 1995. 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. Millennium Health 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, Millennium Health Foundation Inc generated $51.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $31.0k during the year ending 12/2021. While expenses have increased by 6.0% 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
ASSIST MEDICAL COMMUNITY OF HUNGARY AND UGANDA
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS MADE FOR MEDICAL RESEARCH WITH REGARD TO CYSTIC FIBROSIS AND HIV, MALARIA AND REPRODUCTIVE HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elana Picco Vice Preside | Officer | 2 | $0 |
Dr Miklos Toth President | Officer | 5 | $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 | $11,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $0 |
| Investment income | $3,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,782 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,800 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $31,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $305 |
| Pledges and grants receivable | $0 |
| 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 | $195,294 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $195,599 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $195,599 |
| Total liabilities and net assets/fund balances | $195,599 |
Grants Awarded
Over the last fiscal year, Millennium Health Foundation Inc has awarded $50,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: PROVIDING ASSISTANCE | $20,000 |
Westbury, NY PURPOSE: PROVIDING ASSISTANCE | $20,000 |
New York, NY PURPOSE: PROVIDING ASSISTANCE | $10,000 |
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|---|---|---|
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Himalayan Cataract Project Inc Waterbury, VT | $19,394,847 | $12,691,566 |
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Synergos Institute Inc New York, NY | $29,120,560 | $14,037,043 |
Precision Development Inc Newton, MA | $6,538,022 | $7,738,170 |
Lighthouse International New York, NY | $63,392,438 | $10,241,039 |
Haitian Health Foundation Inc Norwich, CT | $65,099,173 | $7,218,496 |
The American Fund For Lse New York, NY | $2,086,242 | $5,282,073 |
Pencils Of Promise Incorporated New York, NY | $2,961,527 | $5,028,626 |
American Friends Of Yad Yemin Inc Brooklyn, NY | $2,774,040 | $6,368,858 |
Pivotworks Inc Randolph, MA | $5,227,155 | $6,969,114 |