NORTHWELL HEALTH FOUNDATION

WESTBURY, NY, 11590-1740 (516) 321-6058 Est. 1988 EIN 11-2965575
E122 - Health Care 990 - Public charity return 501(c)(3)
www.northwell.edu

Mission

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.

Giving Portfolio

Total Grants
49
Total Giving
$326.0M
Recipients
49
Years Active
2018 - 2024
Avg grant: $7,124,650 Median: $3,658,733

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20248$73.1M $9.1M08
20238$84.4M $10.6M08
20229$61.4M $6.8M09
202014$55.8M $4.0M410
201810$51.3M $5.1M100

Sectors Funded

Health Care
38
Medical Research
5

Top States

New York
49

Grantee Size Profile

Over $50M
40
$5M - $10M
3

Top Grantees

Page 1 of 2
$91.6M
NY - 5 grants
$52.3M
NORTHWELL HEALTHCARE INC
NY - 5 grants
$19.5M
$11.5M
NY - 5 grants
$3.1M
NY - 5 grants
$3.1M

Grants Awarded · 43 grants

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Financials

Total Revenue
$123,518,750
Total Expenses
$102,804,562
Net Assets
$562,828,597
103 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
5.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 20.7%
Expenses ↓ 7.4%
Revenue Sources
Contributions 92.8% Investment 9.5%
Expense Breakdown
Program 71.1% Management 4.2% Fundraising 24.7%

Officers & Trustees (27)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$123,518,750 ↓$102,804,562$562,828,597
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$155,789,579 ↑$111,039,521$529,728,356
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$116,719,999 ↓$87,263,071$457,032,327
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$120,253,750 ↑$85,628,241$381,730,803
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$110,747,825 $82,594,063$311,094,992

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EIN: 11-2965575 · Source: IRS Form 990 e-file data