Pocono Health Foundation is located in Allentown, PA. The organization was established in 1993. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Pocono 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 06/2024, Pocono Health Foundation generated $583.0k 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 (3.6%) each year. All expenses for the organization totaled $422.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY THROUGH AN INVESTMENT IN POCONO HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A RESIDENT OF MONROE COUNTY, IT IS LIKELY YOUR LIFE HAS BENEFITED FROM THE EFFORTS OF THE POCONO FOUNDATION (PF). THE MISSION OF THE PF IS TO ENHANCE THE QUALITY OF LIFE AND HEALTH FOR THOSE LIVING IN MONROE COUNTY. THIS MISSION IS SUPPORTED IN A VARIETY OF WAYS.THE MOST VISIBLE ACHIEVEMENT OF THE PF WAS THE $26 MILLION CAPITAL CAMPAIGN BETWEEN THE YEARS OF 2009 THROUGH 2012 WHICH HELPED BUILD AND FURNISH THE DALE & FRANCES HUGHES CANCER CENTER. THE HUGHES CANCER CENTER PROVIDES STATE-OF-THE-ART CANCER CARE FOR RESIDENTS IN MONROE COUNTY AND ACROSS THE POCONO REGION. IN 2019, THE HUGHES CANCER CENTER EARNED FULL ACCREDITATION AS PART OF THE MEMORIAL SLOAN KETTERING (MSK) ALLIANCE. THIS AFFILIATION, ONE OF ONLY THREE IN THE UNITED STATES, PROVIDES LOCAL RESIDENTS WITH A CANCER DIAGNOSIS AND ACCESS TO LIFE-SAVING PROTOCOLS AND CLINICAL TRIALS AVAILABLE THROUGH MSK.BECAUSE A HEALTHY COMMUNITY IS ABOUT MORE THAN JUST PROVIDING HEALTH CARE, PF PARTNERS WITH MANY LOCAL NONPROFITS TO ADVANCE ITS MISSION. MUCH OF THIS SUPPORT IS OFFERED THROUGH THE PF'S ANNUAL GRANT & SCHOLARSHIP PROGRAM. FOR FY24, PF HAS AWARDED MORE THAN $75,000 TO COMMUNITY NON-PROFITS AND AN ADDITIONAL $46,000 TO STUDENTS PURSUING AN EDUCATION IN HEALTHCARE. THE IMPACT OF THESE GRANTS AND SCHOLARSHIPS ARE SUBSTANTIAL. FROM FOOD, CLOTHING, AND SHELTER TO EDUCATION, TRAINING, AND PROGRAMS FOR THOSE WITH DISABILITIES THESE HUMAN SERVICES ARE THE BACKBONE OF A HEALTHY COMMUNITY.SCHOLARSHIPS ARE ALSO AWARDED TO APPLICANTS THROUGHOUT THE POCONO REGION EACH YEAR BASED ON BOTH ACADEMIC MERIT AND A PASSION FOR SERVING THE HEALTHCARE INDUSTRY. THESE MONETARY AWARDS PROVIDE SUPPORT TO INDIVIDUALS WHO ARE COMMITTED TO SERVING PATIENTS. PAST SCHOLARSHIP RECIPIENTS HAVE GRADUATED TO BECOME NURSES, PHYSICIAN ASSISTANTS (PA), CERTIFIED REGISTERED NURSE PRACTITIONERS (CRNP), RADIOLOGISTS, PATHOLOGISTS, AND PHYSICIANS, WITH MANY CHOOSING TO WORK AT LEHIGH VALLEY HOSPITAL-POCONO (LVH-P) AFTER EARNING THEIR DEGREES.THE PF ACTIVELY SEEKS GRANT OPPORTUNITIES ALIGNED WITH THE STRATEGIC PRIORITIES OF LVH-POCONO. IN RECENT YEARS, GRANTS TOTALING NEARLY $600,000 HAVE BEEN SECURED TO FUND PROJECTS LIKE THE HEALING GARDEN AT THE MONROE COUNTY HOSPICE HOUSE, A NEW CT SIMULATOR FOR THE HUGHES CANCER CENTER, AND AN ADDITIONAL CARDIAC CATH LAB FOR THE HEART INSTITUTE AT LVH-POCONO. IN FY24, PF HAS RECEIVED GRANTS TOTALING $120,000 TO FUND OUR DIABETES PREVENTION AND BREAST CANCER NURSE NAVIGATOR PROGRAMS AT LVH-POCONO.EVERY YEAR THE PF ORGANIZES NUMEROUS DONOR RECOGNITION EVENTS TO THANK INDIVIDUALS, GROUPS, AND BUSINESSES WHO GENEROUSLY SUPPORT THE PROGRAMS AND PATIENTS AT LVH-P. ADDITIONALLY, WE STRIVE TO KEEP THE DONOR BASE INFORMED OF PF ACTIVITIES AND THE IMPACT THEIR DONATIONS HAVE ON NEW PROGRAMS AND INITIATIVES BOTH HERE AT LVH-P AND IN THE COMMUNITY WE SERVE.A GREAT EXAMPLE OF PARTNERING WITH OUR COMMUNITY IS THE ANNUAL HOLIDAY TREE LIGHTING EVENT. NOW IN ITS 33RD YEAR, THIS EVENT, HELD IN COLLABORATION WITH THE ROTARY CLUB OF THE SMITHFIELDS, RAISES MONEY AND AWARDS GRANTS TO MONROE COUNTY NONPROFITS WHOSE PROGRAMS SPECIFICALLY BENEFIT CHILDREN AND ADOLESCENTS. THIS CELEBRATION AND AWARD CEREMONY WAS HOSTED AT THE HUGHES CANCER CENTER WITH SEVERAL LOCAL SCHOOL BANDS AND CHORAL GROUPS PROVIDING MUSICAL ENTERTAINMENT. IN FY24, $13,750 IN GRANTS WERE AWARDED TO SIXTEEN COMMUNITY NONPROFIT AGENCIES.THE PF IS FORTUNATE TO SERVE A VERY GENEROUS COMMUNITY INTERESTED IN SUPPORTING THE PROGRAMS AND PATIENTS AT LVH-P. MANY COMMUNITY MEMBERS WHO HAVE BENEFITED FROM THE COMPREHENSIVE SERVICES AND COMPASSIONATE CARE AT LVH-P ARE EAGER TO 'PAY IT FORWARD AND DONATE IN A VARIETY OF WAYS. THE PF OFFERS MORE THAN 60 DIFFERENT FUNDS FOR WHICH THESE DONATIONS ARE TO BE DIRECTED BASED ON EACH DONOR'S PASSION OR INTERESTS. IN FY24, PF RECEIVED MORE THAN $470,000 IN THE PROGRAM AND PATIENT CARE-DIRECTED DONATIONS.IN THE SPIRIT OF VOLUNTEERISM TO CONTRIBUTE, THE AUXILIARY OF LVH-P SERVES AS AN EXTENSION OF THE PF. THE MISSION OF THE AUXILIARY IS TO RAISE MONEY FOR THE SOLE PURPOSE OF SUPPORTING SPECIFIC PRIORITIES AT LVH-POCONO. THIS GROUP OF VOLUNTEERS TYPICALLY MANAGES A VARIETY OF FUNDRAISERS THROUGHOUT THE YEAR, INCLUDING THE AUXILIARY GALA IN THE FALL AND THE AUXILIARY AUCTION IN THE SPRING. THE AUXILIARY OFFERS THE PERFECT FORUM FOR INDIVIDUALS WHO CANNOT GIVE MONETARILY, BUT THROUGH THEIR COLLECTIVE EFFORTS CAN LEVERAGE LARGE DONATIONS FOR A SPECIFIC INITIATIVE AT LVH-P. IN FY24, THE AUXILIARY DONATED $7,000 IN SUPPORT OF THE MONROE COUNTY HOSPICE HOUSE ENDOWMENT AND THE FAMILY BIRTH AND NEWBORN CENTER AT LVH-P.IN FY24, MORE THAN $126,000 IN DONATIONS FROM THE COMMUNITY WERE MADE TO THE MONROE COUNTY HOSPICE HOUSE. SUPPORT FOR THIS NETWORK OWNED FACILITY HAS RESONATED WITH MANY IN THE COMMUNITY AND THE EFFORTS OF THE HOSPICE HOUSE COMMUNITY GROUP TO LEAD FUNDRAISING EVENTS HAVE GENERATED A STEADY STREAM OF REVENUE. BEQUESTS HAVE ALSO CONTRIBUTED TO THE TOTAL DOLLARS RAISED AND FOUNDATION STAFF SUPPORTS THESE EFFORTS BY ADMINISTERING AND ACKNOWLEDGING ALL GIFTS RECEIVED. THE PHF WORKS CONTINUOUSLY TO ENSURE THE PROGRAMS AND PATIENTS AT LVH-P ARE SERVED, DONATIONS ARE STEWARDED RESPONSIBLY, AND DONORS ARE BOTH THANKED AND RECOGNIZED IN MEANINGFUL WAYS. WE REMAIN COMMITTED TO INCREASING THE QUALITY OF HEALTHCARE AND LIFE FOR THE RESIDENTS OF MONROE COUNTY.EFFECTIVE 12/31/23 PHF'S FORMER SOLE CORPORATE MEMBER, POCONO HEALTH SYSTEM, MERGED INTO THE NEW SOLE CORPORATE MEMBER, LEHIGH VALLEY HOSPITAL - POCONO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John M Pierro MBA Director | Trustee | 1 | $0 |
Charles K Herman MD Director | Trustee | 1 | $0 |
Cornelio R Catena President/director | OfficerTrustee | 1 | $0 |
Liv E Vesely MPH MA Director | Trustee | 1 | $0 |
Victor T Catania MD Director | Trustee | 1 | $0 |
Candice M Pesotini Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $12,500 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $566,459 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $578,959 |
Total Program Service Revenue | $0 |
Investment income | $8,910 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,982 |
Net Income from Fundraising Events | -$16,841 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $583,010 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $46,495 |
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 | $58,508 |
Pension plan accruals and contributions | $385 |
Other employee benefits | $9,126 |
Payroll taxes | $1,423 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
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 | $12,286 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $47,249 |
Travel | -$117 |
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 | $713 |
Insurance | $0 |
All other expenses | $24,386 |
Total functional expenses | $422,051 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $235,505 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,538,844 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,317 |
Investments—publicly traded securities | $8,695,870 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,472,536 |
Accounts payable and accrued expenses | $7,189 |
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 | $3,868,954 |
Total liabilities | $3,876,143 |
Net assets without donor restrictions | -$2,840,135 |
Net assets with donor restrictions | $9,436,528 |
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 | $10,472,536 |
Over the last fiscal year, Pocono Health Foundation has awarded $1,866,522 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
POCONO MEDICAL CENTER PURPOSE: GENERAL PURPOSE - TO FURTHER THE ORGANIZATION'S TAX EXEMPT MISSION | $946,313 |
FAMILY CARE CENTERS INC PURPOSE: GENERAL PURPOSE - TO FURTHER THE ORGANIZATION'S TAX EXEMPT MISSION | $920,209 |