Saint Barnabas Health Care System Foundation Inc is located in Oceanport, NJ. The organization was established in 2001. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Saint Barnabas Health Care System 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, Saint Barnabas Health Care System Foundation Inc generated $91.1m in total revenue. All expenses for the organization totaled $11.4m during the year ending 12/2021. While expenses have increased by 68.8% 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
TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF RWJBARNABAS HEALTH, A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN SUPPORT OF THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF RWJBARNABAS HEALTH, A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM THAT 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 |
---|---|---|---|
Barry H Ostrowsky Trustee; Ex-Off/rwjbh Pres/ceo | OfficerTrustee | 60 | $0 |
Glenn Miller Rwjbh Chief Dev. Officer | Officer | 0 | $0 |
Richard J Kogan Trustee | Trustee | 1 | $0 |
Richard O'neill Trustee | Trustee | 1 | $0 |
Thomas F Kelaher Trustee (termed 2/21/21) | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $78,588 |
Related organizations | $7,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $90,945,650 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $91,031,238 |
Total Program Service Revenue | $0 |
Investment income | $63,375 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$7,326 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $91,087,287 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,242,721 |
Grants and other assistance to domestic individuals. | $19,000 |
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 | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $104,250 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $26,063 |
Advertising and promotion | $0 |
Office expenses | $5,313 |
Information technology | $10,037 |
Royalties | $0 |
Occupancy | $0 |
Travel | $126 |
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 | $11,411,051 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $8,513,934 |
Pledges and grants receivable | $82,533,892 |
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 | $4,238,336 |
Intangible assets | $0 |
Other assets | $325,793 |
Total assets | $95,611,955 |
Accounts payable and accrued expenses | $52,408 |
Grants payable | $0 |
Deferred revenue | $562,563 |
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 | $7,596,984 |
Total liabilities | $8,211,955 |
Net assets without donor restrictions | $1,319,000 |
Net assets with donor restrictions | $86,081,000 |
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 | $95,611,955 |
Over the last fiscal year, Saint Barnabas Health Care System Foundation Inc has awarded $178,914 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
Oceanport, NJ PURPOSE: PROGRAM SUPPORT | $62,624 |
SAINT BARNABAS MEDICAL CENTER PURPOSE: PROGRAM SUPPORT | $62,391 |
Teaneck, NJ PURPOSE: PROGRAM SUPPORT | $28,630 |
Oceanport, NJ PURPOSE: PROGRAM SUPPORT | $19,925 |
Newark, NJ PURPOSE: PROGRAM SUPPORT | $5,344 |
Over the last fiscal year, we have identified 2 grants that Saint Barnabas Health Care System Foundation Inc has recieved totaling $8,000.
Awarding Organization | Amount |
---|---|
Barnabas Health Inc Oceanport, NJ PURPOSE: SPONSORSHIPS | $7,000 |
Adam F And Judith H Ambielli Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Catholic Health System Of Long Island Rockville Centre, NY | $580,308,381 | $30,450,419 |
United Breast Cancer Foundation Inc Huntington, NY | $11,258,240 | $32,891,411 |
Cancer Research Fund Of The Damon Runyon-Walter Winchell Foundation New York, NY | $175,580,654 | $20,562,891 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
Foundation For Morristown Medical Center Inc Morristown, NJ | $194,034,598 | $31,511,180 |
Saint Barnabas Health Care System Foundation Inc Oceanport, NJ | $95,611,955 | $91,087,287 |
Upmc Pinnacle Foundation Harrisburg, PA | $153,865,644 | $10,550,659 |
Hudson East River Systems Llc New York, NY | $9,323,421,475 | $81,815,633 |
The Childrens Health Fund New York, NY | $7,589,617 | $9,406,757 |
Bronxcare Health Integrated Services System Inc Bronx, NY | $2,917,349 | $9,136,103 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |