MONTEFIORE MEDICAL CENTER

BRONX, NY, 10467-2401 (914) 349-8455 Est. 1884 EIN 13-1740114
E220 - Health Care 990 - Public charity return 501(c)(3)
www.montefiore.org

Mission

MISSION: TO HEAL, TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES WE SERVE. VISION: TO BE A PREMIER ACADEMIC MEDICAL CENTER THAT TRANSFORMS HEALTH AND ENRICHES LIVES. VALUES: HUMANITY, INNOVATION, TEAMWORK, DIVERSITY AND EQUITY - OUR VALUES DEFINE OUR PHILOSOPHY OF CARE. THEY SHAPE OUR ACTIONS AND MOTIVATE AND INSPIRE US TO PURSUE EXCELLENCE AND ACHIEVE OUR GOALS. SINCE 1884, MONTEFIORE HAS CARED FOR THE CHRONICALLY ILL AND HAS MADE IT A PRIORITY TO IMPROVE THE QUALITY OF LIFE FOR UNDERSERVED POPULATIONS. THIS FOUNDING BELIEF IS THE CORNERSTONE OF OUR MISSION, VISION AND VALUES. MONTEFIORE'S MISSION IS ROOTED IN OUR ENDURING COMMITMENT TO PROVIDE ONE STANDARD OF EXCELLENT CARE TO ALL PATIENTS REGARDLESS OF THEIR BACKGROUNDS OR ABILITY TO PAY. MONTEFIORE, THE UNIVERSITY HOSPITAL FOR ALBERT EINSTEIN COLLEGE OF MEDICINE, COMBINES NATIONALLY-RENOWNED CLINICAL AND RESEARCH EXPERTISE WITH COMPASSIONATE, PATIENT-CENTERED CARE.

Giving Portfolio

Total Grants
261
Total Giving
$420.8M
Recipients
257
Years Active
2018 - 2024
Avg grant: $1,597,158 Median: $20,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202414$1.1M $81K311
202346$112.2M $2.4M1234
202243$123.3M $2.9M2221
202027$62.6M $2.3M1017
201960$63.0M $1.0M1443
201871$58.6M $825K700

Sectors Funded

Health Care
52
Education
21
Diseases & Disorders
21
Human Services
20
Arts, Culture & Humanities
16
Community Improvement
11
Philanthropy & Grantmaking
11
Recreation & Sports
8
and 11 more sectors

Top States

New York
227
District of Columbia
5
Massachusetts
4
California
3
Georgia
3
Virginia
3
Tennessee
3
Illinois
3
and 6 more states

Grantee Size Profile

Over $50M
76
$1M - $5M
62
$10M - $50M
33
$5M - $10M
22
$500K - $1M
21
$100K - $500K
15

Top Grantees

Page 1 of 3
$4.4M
The Emmes Corporation
MD
$1.6M
NEW YORK CITY HEALTH & HOSPITALS CORP
NY - 3 grants
$880K
$499K
$285K

Grants Awarded · 240 grants

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Financials

Total Revenue
$5,908,041,192
Total Expenses
$5,619,420,589
Net Assets
$-57,556,787
23,310 employees 2,433 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
0.1 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 16.8%
Expenses ↑ 12.3%
Revenue Sources
Contributions 4.9% Earned revenue 93.5% Investment 1.3%
Expense Breakdown
Program 89.7% Management 10.2% Fundraising 0.1%

Officers & Trustees (42)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$5,908,041,192 ↑$5,619,420,589$-57,556,787
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$5,057,497,655 ↑$5,003,322,926$-168,656,807
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,590,891,278 ↑$4,653,244,153$-133,818,386
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$4,342,685,327 ↑$4,436,026,274$563,157,350
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$4,196,735,035 ↑$4,157,936,641$725,864,268
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,926,335,703 $3,883,964,303$711,836,556

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EIN: 13-1740114 · Source: IRS Form 990 e-file data