The Rwj University Hospital Foundation Inc

Organization Overview

The Rwj University Hospital Foundation Inc is located in Oceanport, NJ. The organization was established in 1982. 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. Rwj University 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 12/2022, Rwj University Hospital Foundation Inc generated $10.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $11.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED IN SUPPORT THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, WHICH PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.


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Board, Officers & Key Employees

Name (title)Compensation
William S Arnold
Trustee - Pres/ceo Rwjuhnb
$0
Jenny Mundell
VP Dev. (eff 6/1/22)
$0
Mary Burke
VP Dev. (termed 3/31/22)
$0
Dina Karmazin Elkins
Chair - Trustee
$0
Brett E Tanzman
Vice Chair - Trustee
$0
Edward Guttenplan
Secretary - Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Graham-pelton Consulting Inc
Consulting
$130,265
Prudent Management Associates
Investment Mgmt.
$212,222
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$294,222
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,137,015
Noncash contributions included in lines 1a–1f $2,791,320
Total Revenue from Contributions, Gifts, Grants & Similar$7,431,237
Total Program Service Revenue$1,916,586
Investment income $1,276,089
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$229,715
Net Income from Fundraising Events $0
Net Income from Gaming Activities $2,160
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,396,357

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