New York State Health Foundation
- Assets
- $362.1m
- Revenue
- $12.3m
- Investments
- $347.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 30-0127892
Organization Overview
New York State Health Foundation is located in New York, NY. The organization was established in 2005. 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. New York State 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 12/2021, New York State Health Foundation generated $12.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $18.5m during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 4 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.
Since 2020, New York State Health Foundation has awarded 966 individual grants totaling $51,027,037. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 15
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sandman President & CEO | 40 | $531,939 | |
Amy Driver Vice President, Fina | 40 | $282,015 | |
Nicholas Smirensky Chief Investment Off | 18 | $244,370 | |
Avital I Havusha Vice President For P | 40 | $237,257 | |
Maureen Cozine Vice President, Comm | 40 | $229,672 | |
Mark Zezza Director Of Policy A | 40 | $209,044 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercury Public Affairs | 12/30/20 | $60,000 |
Jp Morgan | 12/30/20 | $60,571 |
Value Stream Consulting | 12/30/20 | $66,024 |
Value Stream Consulting | 12/30/20 | $66,024 |
Jp Morgan | 12/30/20 | $60,571 |
Mercury Public Affairs | 12/30/20 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $364 |
| Dividends & Interest | $3,021,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,089,486 |
| Capital Gain Net Income | $39,426,181 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $176,386 |
| Total Revenue | $12,287,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $531,939 |
| Other employee salaries and wages | $2,576,772 |
| Pension plans, employee benefits | $957,630 |
| Interest | $0 |
| Taxes | $618,595 |
| Depreciation | $23,124 |
| Occupancy | $710,467 |
| Travel, conferences, and meetings | $5,623 |
| Printing and publications | $15,590 |
| Other expenses | $226,581 |
| Total operating and administrative expenses | $5,930,921 |
| Contributions, gifts, grants paid | $12,592,706 |
| Total expenses and disbursements | $18,523,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $657,665 |
| Savings and temporary cash investments | $13,593,883 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,326 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $347,635,634 |
| Net Land, buildings, and equipment | $75,621 |
| Other assets | $130,691 |
| Total assets | $362,119,820 |
| Accounts payable and accrued expenses | $281,293 |
| Grants payable | $5,086,990 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,333,533 |
| Total liabilities | $7,701,816 |
Grants Awarded
Over the last fiscal year, New York State Health Foundation has awarded $17,592,139 in support to 318 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CREATING EQUITABLE ACCESS TO TELEHEALTH SERVICES | $350,000 |
New York, NY PURPOSE: AN ADVOCACY AGENDA TO EMPOWER HEALTH CARE CONSUMERS ACROSS NEW YORK STATE, PHASE 3 | $280,000 |
NEW YORK UNIVERSITY PURPOSE: EVALUATION OF THE HEALTHY NEIGHBORHOODS FUND INITIATIVE, PHASE 2 | $249,999 |
New York, NY PURPOSE: FOOD FOR HEALTH | $240,000 |
NEW YORK UNIVERSITY PURPOSE: EVALUATION OF THE NEW YORK STATE HEALTHY NEIGHBORHOODS FUND INITIATIVE, PHASE 3 | $239,921 |
RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK PURPOSE: PILOTING AN ALTERNATIVE MENTAL HEALTH CRISIS RESPONSE MODEL | $239,555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ufcw Local 1776 & Participating Employers Health & Welfare Fund Plymouth Meeting, PA | $60,321,476 | $63,078,058 |
Childrens Hospital Pittsburgh Foundation Pittsburgh, PA | $343,464,938 | $65,119,589 |
Childrens Hospital Radiology Foundation Inc Boston, MA | $61,711,142 | $41,980,369 |
Steamfitters Local 449 Medical & Benefit Fund Harmony, PA | $89,351,885 | $44,512,937 |
Virtua Health Foundation Inc Marlton, NJ | $110,138,193 | $9,123,196 |
The Erm Group Health & Welfare Trust Malvern, PA | $0 | $29,217,705 |
Marcus Avenue Medical Pc Westbury, NY | $15,403,274 | $17,010,236 |
Indiana Jefferson Radiation Oncology Inc Indiana, PA | $76,804 | $26,313,559 |
Transport Workers Union Roseland, NJ | $16,248,570 | $20,384,690 |
Geisinger Health Danville, PA | $3,255,726,286 | $301,727,565 |
Alyeska Pipeline Service Company Health And Welfare Benefits Trust Pittsburgh, PA | $2,121,654 | $18,868,152 |
Health & Welfare Fund Of Intern Tional Union Of Operating Engi Quincy, MA | $26,422,414 | $20,857,874 |