Geisinger Health, operating under the name Geisinger Health Foundation, is located in Danville, PA. The organization was established in 1976. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Geisinger Health Foundation employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geisinger Health Foundation 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 12/2023, Geisinger Health Foundation generated $93.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $27.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Geisinger Health Foundation has awarded 301 individual grants totaling $113,936,145. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GEISINGER HEALTH SERVES TO ENSURE GEISINGER AFFILIATE ENTITIES HAVE ADEQUATE FINANCIAL RESOURCES TO FULFILL THEIR CHARITABLE PURPOSE, TO INITIATE AND ADMINISTER GRANT AND PHILANTHROPIC SUPPORT...SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
I. VISION AND VALUES VISION: MAKING BETTER HEALTH EASY VALUES: KINDNESS - WE TREAT EVERYONE AS WE WOULD HOPE TO BE TREATED OURSELVES. EXCELLENCE - WE WILL HUMBLY STRIVE FOR EXCELLENCE IN ALL WE DO. SAFETY - WE WILL PROVIDE A SAFE ENVIRONMENT FOR OUR PATIENTS AND MEMBERS AND THE GEISINGER FAMILY. LEARNING - WE SHARE OUR KNOWLEDGE WITH THE BEST AND BRIGHTEST TO BETTER PREPARE THE CAREGIVERS OF TOMORROW. INNOVATION - WE CONSTANTLY SEEK NEW AND BETTER WAYS TO CARE FOR OUR PATIENTS, OUR MEMBERS, OUR COMMUNITIES AND THE NATION. II. GENERAL INFORMATION GEISINGER HEALTH (GH), A 501(C)(3) NOT FOR PROFIT CORPORATION, IS THE PARENT ORGANIZATION OF THE VARIOUS GEISINGER ENTITIES. ITS GOVERNING BOARD OVERSEES THE COLLECTIVE EFFORTS OF VARIOUS GEISINGER AFFILIATED ENTITIES' ACTIVITIES IN HEALTH CARE AND RELATED BUSINESSES. IN ADDITION TO ENSURING GEISINGER AFFILIATES HAVE ADEQUATE FINANCIAL RESOURCES TO FULFILL THEIR MISSIONS, GH IS INVOLVED WITH INITIATING AND ADMINISTERING GRANT AND PHILANTHROPIC SUPPORT PROGRAMS FOR ALL THE GEISINGER NOT-FOR-PROFIT ENTITIES. THE AFFILIATED ENTITIES OF GH ARE: -GEISINGER MEDICAL CENTER (GMC) IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT CORPORATION OWNING AND OPERATING A REGIONAL REFERRAL TERTIARY CARE MEDICAL CENTER IN DANVILLE, PENNSYLVANIA, A SEPARATE OUTPATIENT AMBULATORY CAMPUS ON WOODBINE LANE, DANVILLE, PENNSYLVANIA, AND GEISINGER SHAMOKIN AREA COMMUNITY HOSPITAL (GSACH) WHICH IS A CAMPUS OF GEISINGER MEDICAL CENTER LOCATED IN SHAMOKIN, PENNSYLVANIA. - GEISINGER ENCOMPASS HEALTH LIMITED LIABILITY COMPANY IS A PENNSYLVANIA LIMITED LIABILITY COMPANY REPRESENTING A JOINT VENTURE BETWEEN GEISINGER MEDICAL CENTER AND ENCOMPASS HEALTH (FORMERLY HEALTHSOUTH CORPORATION) TO PROVIDE FOR THE DEVELOPMENT, MANAGEMENT, FINANCING AND OPERATION OF A FREESTANDING REHABILITATION HOSPITAL (GEISINGER ENCOMPASS HEALTH REHABILITATION HOSPITAL) ON THE GMC CAMPUS, AND THE DEVELOPMENT OF A NETWORK TO PROVIDE OUTPATIENT REHABILITATION CENTERS AND OTHER PROGRAMS TO GEISINGER PATIENTS. -GEISINGER-HM JOINT VENTURE, LLC, ("GHM") IS A PENNSYLVANIA LIMITED LIABILITY COMPANY REPRESENTING A JOINT VENTURE BETWEEN GEISINGER MEDICAL CENTER AND HIGHMARK HEALTH. GHM IS ORGANIZED TO PROVIDE HIGH QUALITY, INNOVATIVE, COST-EFFECTIVE CLINICAL CARE TO PATIENTS IN ITS SERVICE AREA AND TO ENGAGE IN ANY ACTIVITIES AND TRANSACTIONS AS MAY BE NECESSARY TO ACCOMPLISH THE SAME INCLUDING OWNING AND/OR OPERATING HOSPITALS OR OTHER HEALTH CARE FACILITIES. GEISINGER-HM JOINT VENTURE (G-HM) OPERATES LICENSED LABORATORY SERVICES KNOWN AS GEISINGER MEDICAL LABORATORIES (GML). GEISINGER-HM JOINT VENTURE(G-HM) OWNS AND OPERATES THE AMBULATORY SURGERY CENTER/FACILITY KNOWN AS GEISINGER ENDOSCOPY - MONTOURSVILLE. -GEISINGER MEDICAL CENTER MUNCY, FORMED JUNE 11, 2020 AND RECEIVED ITS HOSPITAL FACILITY LICENSE ON JANUARY 5, 2022, WELCOMING ITS FIRST PATIENTS, MONDAY, JAN. 10, 2022. THE FULL-SERVICE HOSPITAL, INCLUDING AN EMERGENCY ROOM, CLINICAL DECISION UNIT, INTENSIVE CARE UNIT, SURGICAL SUITES AND PRIMARY AND SPECIALTY CARE AREAS IS PART OF A CLINICAL JOINT VENTURE BETWEEN GEISINGER AND HIGHMARK HEALTH THAT EXPANDS ACCESS TO CARE FOR THOSE IN A FOUR-COUNTY REGION COVERING CLINTON, LYCOMING, SULLIVAN, AND TIOGA COUNTIES. - COMMUNITY MEDICAL CENTER, DBA GEISINGER-COMMUNITY MEDICAL CENTER(CMC) IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT CORPORATION OWNING AND OPERATING AN ACUTE CARE HOSPITAL IN SCRANTON, PENNSYLVANIA. -COMMUNITY MEDICAL CENTER HOLDS A 100% MEMBERSHIP INTEREST IN GEISINGER SCA HOLDINGS, LLC, A DELAWARE LIMITED LIABILITY COMPANY, WHICH IN TURN IS THE MAJORITY OWNER OF LACKAWANNA PHYSICIANS AMBULATORY SURGERY CENTER, LLC, DOING BUSINESS AS NORTH EAST SURGERY CENTER, OPERATING AN AMBULATORY SURGERY CENTER LOCATED IN DICKSON CITY, PA. - GEISINGER-BLOOMSBURG HOSPITAL (GBH), IS A PENNSYLVANIA 501(C)(3) NOT-FOR PROFIT CORPORATION OWNING AND OPERATING A GENERAL COMMUNITY-BASED ACUTE- CARE HOSPITAL IN BLOOMSBURG, PENNSYLVANIA. - GEISINGER WYOMING VALLEY MEDICAL CENTER (GWV) IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT CORPORATION OWNING AND OPERATING AN ACUTE CARE, COMMUNITY HOSPITAL IN WILKES-BARRE, PENNSYLVANIA, AND GEISINGER SOUTH WILKES-BARRE CAMPUS(GSWB) WHICH IS AN AMBULATORY CAMPUS LOCATED IN SOUTH WILKES-BARRE, PENNSYLVANIA. - GEISINGER-LEWISTOWN HOSPITAL (GLH), IS A PENNSYLVANIA 501(C)(3) NOT FOR- PROFIT CORPORATION OWNING AND OPERATING A GENERAL COMMUNITY-BASED ACUTE- CARE HOSPITAL IN LEWISTOWN, PENNSYLVANIA. - GEISINGER CLINIC (GC) IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT CORPORATION WHICH OPERATES A MULTI-SPECIALTY GROUP MEDICAL PRACTICE. GEISINGER CLINIC PROVIDES PHYSICIAN STAFF FOR PATIENT CARE, EDUCATION, AND CLINICAL RESEARCH, AND OPERATES GEISINGER CONVENIENT CARE CLINICS (FORMERLY KNOWN AS CAREWORKS). - GEISINGER PHARMACY, LLC, A PENNSYLVANIA SINGLE MEMBER LIMITED LIABILITY COMPANY OWNED BY GEISINGER CLINIC, PROVIDES PHARMACY SERVICES SUCH AS SPECIALTY, MAIL ORDER, HOME INFUSION AND PHARMACY AT VARIOUS LOCATIONS THROUGHOUT THE GEISINGER SERVICE AREA. -GEISINGER CLINIC HAS PRIMARY OWNERSHIP (75%) IN KEYSTONE ACCOUNTABLE CARE ORGANIZATION (KACO), A PARTNERSHIP WITH EVANGELICAL COMMUNITY HOSPITAL (10%), THE WRIGHT CENTER (10%), AND WAYNE MEMORIAL HOSPITAL (5%). KACO PARTNERS WITH DOCTORS, HOSPITALS AND OTHER HEALTHCARE PROVIDERS WHO WORK TOGETHER TO PROVIDE BETTER, MORE COORDINATED CARE. - MARWORTH (MW) IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT RESIDENTIAL ALCOHOL AND CHEMICAL DEPENDENCY DETOXIFICATION AND REHABILITATION FACILITY IN WAVERLY, PENNSYLVANIA, WITH AN INPATIENT CENTER AND OUTPATIENT AND FAMILY ADDICTION TREATMENT PROGRAMS. - GEISINGER COMMUNITY HEALTH SERVICES (GCHS), A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT ORGANIZATION, OPERATES A PACE PROGRAM (PROGRAM OF ALL- INCLUSIVE CARE FOR THE ELDERLY) UNDER THE LIFE GEISINGER BRAND. - WEST SHORE ADVANCED LIFE SUPPORT SERVICES, INC. (WSALS) (DOING BUSINESS AS GEISINGER EMS), IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT CORPORATION WHICH PROVIDES AMBULANCE AND MEDICAL TRANSPORT SERVICES ACROSS CENTRAL PENNSYLVANIA. - GEISINGER HEALTH PLAN (GHP) IS A PENNSYLVANIA 501(C)(4) NOT-FOR-PROFIT HEALTH MAINTENANCE CORPORATION OPERATING HEALTH INSURANCE PRODUCT LINES. - GEISINGER SYSTEM SERVICES IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT SUPPORT SERVICE CORPORATION PROVIDING FINANCIAL SERVICES, HUMAN RESOURCES, INFORMATION SYSTEMS, INTERNAL AUDITS, LEGAL SERVICES, HEALTHCARE TRANSFORMATION, STRATEGIC PLANNING, MARKETING AND PUBLIC RELATIONS, AND FACILITIES SERVICES TO GEISINGER AFFILIATES. - KEYSTONE HEALTH INFORMATION EXCHANGE, INCORPORATED (KEYHIE), IS A PENNSYLVANIA 501(C)(3) AND 509(A)(1) NOT-FOR-PROFIT CORPORATION WHICH COLLABORATES WITH OTHER HEALTH CARE ORGANIZATIONS TO IMPROVE ACCESS TO HEALTH INFORMATION TECHNOLOGY FOR ALL PROVIDERS IN GEISINGER'S SERVICE AREA AND TO IMPROVE THE EXCHANGE OF HEALTH CARE INFORMATION WHEN PATIENTS TRANSITION FROM ONE HEALTH CARE SETTING TO ANOTHER. - GEISINGER INSURANCE CORPORATION, RISK RETENTION GROUP (RRG) IS A NON- PROFIT CORPORATION DOMICILED IN THE STATE OF VERMONT AND REGISTERED BY THE PENNSYLVANIA INSURANCE DEPARTMENT, TO PROVIDE PRIMARY PROFESSIONAL LIABILITY COVERAGE FOR VARIOUS GEISINGER ENTITIES. - GEISINGER ASSURANCE COMPANY, LTD. (GAC) IS FOR-PROFIT COMPANY DOMICILED IN THE CAYMAN ISLANDS WHICH PROVIDES REINSURANCE AGAINST LIABILITY ARISING OUT OF SYSTEM ACTIVITIES, INCLUDING MEDICAL, LEGAL, AND GENERAL LIABILITY. THE GEISINGER ASSURANCE COMPANY PROVIDES 100% OF THE REINSURANCE FOR THE SYSTEM'S PRIMARY LIABILITY COVERAGE. - ISS SOLUTIONS INC. (FORMERLY KNOWN AS GEISINGER MEDICAL MANAGEMENT CORP.) IS A PENNSYLVANIA FOR-PROFIT CORPORATION THAT DELIVERS CLINICAL AND INFORMATIONAL TECHNOLOGY SERVICES AND BUSINESS SOFTWARE SOLUTIONS TO CLIENTS THROUGHOUT THE UNITED STATES, AND OWNS AND OPERATES THE PINE BARN INN, A RESTAURANT, HOTEL, AND SPECIAL EVENTS VENUE LOCATED IN DANVILLE, PENNSYLVANIA. - GEISINGER INDEMNITY INSURANCE COMPANY IS A PENNSYLVANIA FOR-PROFIT CORPORATION PROVIDING HEALTH INSURANCE. - GEISINGER QUALITY OPTIONS, INC. IS A PENNSYLVANIA FOR-PROFIT CORPORATION PROVIDING HEALTH INSURANCE. - GEISINGER COMMONWEALTH SCHOOL OF MEDICINE, FORMERLY KNOWN AS THE COMMONWEALTH MEDICAL COLLEGE, IS A PENNSYLVANIA 501(C)(3) NOT-FOR-PROFIT COMMUNITY-BASED MEDICAL COLLEGE AND GRADUATE DEGREE-GRANTING INSTITUTION, WHICH HAS BEEN GRANTED DEGREE GRANTING AUTHORITY BY THE COMMONWEALTH OF PENNSYLVANIA AND IS FULLY ACCREDITED BY THE LIAISON COMMITTEE ON MEDICAL EDUCATION AND THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. GCSOM EDUCATES ASPIRING PHYSICIANS, SCIENTISTS AND ALLIED HEALTH PROFESSIONALS TO SERVICE SOCIETY USING A COMMUNITY-BASED, PATIENT-CENTERED, INTERPROFESSIONAL AND EVIDENCE-BASED MODEL OF EDUCATION THAT IS COMMITTED TO INCLUSION, PROMOTES DISCOVERY, AND UTILIZES INNOVATIVE TECHNIQUES. - GEISINGER JERSEY SHORE HOSPITAL IS A PENNSYLVANIA 501(C)(3) NONPROFIT CORPORATION OWNING AND OPERATING A CRITICAL ACCESS HOSPITAL LOCATED IN JERSEY SHORE, PENNSYL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jaewon Ryu MD JD Pres, Ceo, D | OfficerTrustee | $0 | |
Kevin V Roberts MBA CPA Evp, Cfo, Tr | Officer | $0 | |
James E Hartle MD Evp, Cmo | Officer | $0 | |
Amy B Brayford Evp,chief Of | Officer | $0 | |
Matthew Walsh Evp, COO | Officer | $0 | |
Karen Murphy RN PHD Evp, Chief I | Officer | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pe Investments Investment Mgmt | 12/30/23 | $1,110,284 |
Nisa Investment Advisors Investment Mgmt | 12/30/23 | $279,410 |
Hirtle Callaghan Investment Mgmt | 12/30/23 | $511,189 |
The Gobel Group Llc Consulting | 12/30/23 | $276,842 |
Allspring Global Investors Investment Mgmt | 12/30/23 | $473,389 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $766,828 |
Related organizations | $0 |
Government grants | $654,671 |
All other contributions, gifts, grants, and similar amounts not included above | $8,824,721 |
Noncash contributions included in lines 1a–1f | $400,660 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,246,220 |
Total Program Service Revenue | $6,907,235 |
Investment income | $45,524,833 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $26 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $30,326,745 |
Net Income from Fundraising Events | -$142,525 |
Net Income from Gaming Activities | $17,858 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $93,271,726 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $14,031,404 |
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. | $729,796 |
Compensation of current officers, directors, key employees. | $30,225 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,704,894 |
Pension plan accruals and contributions | $122,913 |
Other employee benefits | $553,835 |
Payroll taxes | $214,037 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,654 |
Fees for services: Accounting | $228 |
Fees for services: Lobbying | $1,697 |
Fees for services: Fundraising | $258,842 |
Fees for services: Investment Management | $4,704,857 |
Fees for services: Other | $834,899 |
Advertising and promotion | $8,604 |
Office expenses | $114,975 |
Information technology | $4,381 |
Royalties | $0 |
Occupancy | $21,371 |
Travel | $168,636 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,412 |
Interest | $2,259,650 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,741 |
Insurance | $236,080 |
All other expenses | $0 |
Total functional expenses | $27,897,137 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,320 |
Savings and temporary cash investments | $50,720,137 |
Pledges and grants receivable | $4,302,537 |
Accounts receivable, net | $4,916,376 |
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 | $287,130 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $749,220,771 |
Investments—other securities | $1,536,475,508 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,180 |
Total assets | $2,345,947,959 |
Accounts payable and accrued expenses | $193,971 |
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 | $43,727,805 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,786,291 |
Total liabilities | $45,708,067 |
Net assets without donor restrictions | $2,144,351,304 |
Net assets with donor restrictions | $155,888,588 |
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 | $2,345,947,959 |
Over the last fiscal year, Geisinger Health has awarded $13,831,450 in support to 28 organizations.
Grant Recipient | Amount |
---|---|
BLOOMSBURG FIRE DEPT PURPOSE: SUPPORT PROGRAM | $25,000 |
BLOOMSBURG UNIVERSITY PURPOSE: SUPPORT PROGRAM | $40,000 |
CENTRAL PENNSYLVANIA FOOD BANK PURPOSE: SUPPORT MISSION | $10,000 |
CARING COMMUNITY HEALTH CARECCHC PURPOSE: SUPPORT MISSION | $4,419,000 |
COUNTRYSIDE CONSERVANCY PURPOSE: SUPPORT MISSION | $10,000 |
FOUNDATION OF PA MEDICAL SOCIETY PURPOSE: SUPPORT MISSION | $15,000 |