The Newark Beth Israel Medical Center Foundation is located in Newark, NJ. Newark Beth Israel Medical Center Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF NEWARK BETH ISRAEL MEDICAL CENTER; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN SUPPORT OF THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF NEWARK BETH ISRAEL MEDICAL CENTER (WHICH INCLUDES CHILDREN'S HOSPITAL OF NEW JERSEY); 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marc E Berson Chairman - Trustee | OfficerTrustee | 1 | $0 |
John P Meyerholz Vice Chair/treasurer - Trustee | OfficerTrustee | 1 | $0 |
Thiri Anandarangam MD Trustee | Trustee | 50 | $0 |
Fleeta J Barnes Trustee | Trustee | 1 | $0 |
Eric Brundage Trustee | Trustee | 1 | $0 |
Nancy Cantor PHD Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $107,336 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,670,635 |
Noncash contributions included in lines 1a–1f | $25,333 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,777,971 |
Total Program Service Revenue | $419,466 |
Investment income | $1,570,275 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,767,712 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,636,128 |
Grants and other assistance to domestic individuals. | $39,400 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
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 | $3,886 |
Fees for services: Accounting | $14,117 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $35,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,732 |
Advertising and promotion | $0 |
Office expenses | $11,074 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $1,360 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,840 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,456,165 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, The Newark Beth Israel Medical Center Foundation has awarded $3,636,128 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NEWARK BETH ISRAEL MEDICAL CENTER PURPOSE: PROGRAM SUPPORT | $3,626,003 |
NEW JERSEY SYMPHONY ORCHESTRA PURPOSE: PROGRAM SUPPORT | $10,125 |