EIN 03-0430873

New Jersey Health Foundation

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
2002
Most recent tax filings
2023-06-01
Description
The New Jersey Health Foundation supports healthcare education, research, and patient care programs in the State of New Jersey and other scientific, charitable, literary, and educational purposes. It provides grants to faculty at Rutgers School of Biomedical Health Sciences, New Jersey Institute of Technology, Princeton University, Stevens Institute of Technology, Kessler Foundation, and Rowan School of Osteopathic Medicine to help fund faculty chairs, research scholarships, fellowships, and other programs in accordance with donor restrictions.
Total revenues
$12,452,571
2023
Total expenses
$11,641,558
2023
Total assets
$210,682,249
2023
Num. employees
10
2023

Program areas at New Jersey Health Foundation

The organization provided grants to support faculty chairs, research scholarships, fellowships and other programs at Rutgers School of Biomedical and Health Sciences and Rowan School or Osteopathic Medicine in accordance with donor restrictions
Payments to charitable gift annuitant holders.
The organization provided grants to the faculty of Rutgers School of Biomedical Health Sciences, New Jersey Institute of Technology, Princeton University, Stevens Institute of Technology, Kessler Foundation, Cooper University Healthcare, Hackensack Meridian Health and Rowan School of Osteopathic Medicine to help further research in a wide variety of medical and scientific areas.

Grants made by New Jersey Health Foundation

GranteeGrant descriptionAmount
Hackensack Meridian Health -subordinates (HMH)Grants To Support Researchers' Early Stage Innovative Ideas.$384,516
Kessler FoundationGrants To Support Researchers' Early Stage Innovative Ideas.$116,000
Cooper University Health CareGrants To Support Researchers' Early Stage Innovative Ideas.$106,665
...and 4 more grants made

Personnel at New Jersey Health Foundation

NameTitleCompensation
George F HeinrichVice Chair and Chief Executive Officer$0
Aggie WorthingtonVice President Finance$273,893
Laura HarrelVice President Administration and Human Resources$203,915
Michael WileyVice President Foundation Venture Capital Group$273,796
Christine CarusoDirector Venture Comm. / Director , Venture Commercialization$149,515
...and 6 more key personnel

Financials for New Jersey Health Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,390,393
Program services$0
Investment income and dividends$2,062,178
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,452,571

Form 990s for New Jersey Health Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-19990View PDF
2022-062023-05-09990View PDF
2021-062022-05-12990View PDF
2020-062021-12-02990View PDF
2019-062021-08-12990View PDF
...and 9 more Form 990s
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Used new vendors
Identified 1 new vendor, including
June 25, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsCharities
Issues
HealthEducation
Characteristics
Funds one specific organizationProvides grantsState / local levelEndowed supportTax deductible donations
General information
Address
155 Village Blvd Suite 130
Princeton, NJ 08540
Metro area
Trenton-Princeton, NJ
County
Mercer County, NJ
Website URL
njhealthfoundation.org/ 
Phone
(908) 731-6610
IRS details
EIN
03-0430873
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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