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Northwell Health Foundation

Northwell Health Foundation

New Hyde Park, NY 11042
Tax ID11-2965575

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About this organization

Revenue

$110,747,825

Expenses

$82,594,063

Mission

Innovation fuels advancement in health care, and at Northwell, philanthropy fuels innovation. Every gift to Northwell Health fuels our ambition to fearlessly disrupt the expected standards. Across Northwell, we believe in the power and potential impact of taking on challenges and going where others won’t or can’t. These beliefs reach across our hospitals, our programs and into our laboratories. They span all the lives we touch, giving us the ability to see people fully and to pioneer solutions to bring the breakthroughs we discover to life. It’s because of this, that we continue to set a new pace for progress, not only in our hospitals and care sites, but throughout our entire medical community.

About

The Northwell Health Foundation is the fundraising arm of Northwell Health. The Foundation raises funds for the expansion, modernization, and medical care for the affiliated health care organizations within Northwell Health. We are committed to and supported by the communities we serve through the cultivation and stewardship of our donors, fundraising programs such as estate/planned giving, annual giving and signature events such as the Northwell Health Walks, Feinstein Institute Summer Concert, the Katz Institute for Women’s Health Fall Luncheon and Fashion Show and the Northwell Health Constellation Gala.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “Northwell health foundation inc. is dedicated toward helping donors, patients, and leaders link their vision and philanthropic support toward helping the underserved and uninsured, advancing the latest frontiers in medical technology and research, or providing critical financial support for new facilities and programs within northwell health.”.

When discussing its operations, they were characterized as: “Foundation's mission is to solicit, receive and administer funds to be used for major modernization and other health care related services for northwell health, inc.”.

  • The non-profit's legally reported state of operation is NY.
  • The filing states that the non-profit's address in the year 2020 is 2000 MARCUS AVE, NEW HYDE PARK, NY, 11042.
  • The form submitted by the non-profit for 2020 shows a total of 100 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $28,153,762.
  • The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 137 independent voting members.
  • The organization was formed in 1988.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $16,764,082 in salary, compensation, and benefits to its employees.
  • The organization pays $26,036,550 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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