Program areas at Newport Hospital Foundation
During fiscal year 2023, NHF transferred $4,600,000 from its unrestricted net assets to NHCC Medical Associates, Inc. in support of its operating activities.
Through the development and administration of its philanthropic activities, in fiscal year 2023 NHF transferred funds raised in the aggregate amount of $2,543,950 to NH to support its capital expenditures and operations, which in turn benefits the southern Rhode Island community. Most significantly, $1,500,297 was transferred to NH to defray costs related to medical equipment upgrades related to two CT Scanners. Other notable operating activities of NH supported by NHF include: funding (1) construction related to NH's Behavioral Health program ($553,200), (2) additional "Beyond the Building" Emergency Department renovations ($112,600), (3) the Norman Prince Neurosciences Institute ($90,200), (4) Intensive Care Unit and Critical Care Unit support ($75,000),(5) and NH's Nursing Education Fund ($67,146).
Grants made by Newport Hospital Foundation
Who funds Newport Hospital Foundation
Grants from foundations and other nonprofits
Personnel at Newport Hospital Foundation
| Name | Title | Compensation | Date of data |
|---|
| David A Kirshner | Executive Vice President and Chief Financial Officer - 11 and 22 | $0 | 2023-09-30 |
| Peter K Markell | Executive Vice President and Chief Financial Officer | $0 | 2024-08-14 |
| Crista F Durand | President | $0 | 2023-09-30 |
| Barbara van Beuren | Vice Chair | $0 | 2024-10-14 |
| Victoria Johnson | Secretary | $0 | 2024-10-14 |
| ...and 2 more key personnel |
Financials for Newport Hospital Foundation
| Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,150,084 | $3,098,918 | 33.9% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,560,215 | $2,879,045 | -11.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $1,344,910 | $-5,396,455 | 124.9% |
| Net income from fundraising events | $85,928 | $-27,790 | 409.2% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $8,141,137 | $553,718 | 1370.3% |
Organizations like Newport Hospital Foundation
| Organization | Type | Location | Revenue |
|---|
| Trinity Health Foundation | 501(c)(3) | Rock Island, IL | $2,751,544 |
| Southwestern Vermont Healthcare Foundation | 501(c)(3) | Bennington, VT | $4,288,495 |
| Methodist Health System Foundation / Dallas Methodist Hospitals Foundation Inc | 501(c)(3) | Dallas, TX | $18,375,009 |
| St Joseph's Foundation | 501(c)(3) | Phoenix, AZ | $8,741,055 |
| Trinitas Foundation | 501(c)(3) | Oceanport, NJ | $3,308,153 |
| SSM Health St Anthony Foundation | 501(c)(3) | Saint Louis, MO | $7,688,237 |
| Beebe Medical Foundation | 501(c)(3) | Lewes, DE | $14,370,624 |
| Tampa General Hospital Foundation | 501(c)(3) | Tampa, FL | $24,344,193 |
| Saint Luke's Foundation | 501(c)(3) | Kansas City, MO | $15,740,107 |
| CAMC Foundation | 501(c)(3) | Charleston, WV | $14,496,118 |
Data update history
October 15, 2024
Updated personnel
Identified 1 new personnel
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsCorporate foundationsHealth organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 11 Friendship St
- Newport, RI 02840
- Metro area
- Providence-Warwick, RI-MA
- County
- Newport County, RI
- Website URL
- lifespan.org/locations/newport-hospitalÂ
- Phone
- (401) 846-6400
IRS details
- EIN
- 22-2535533
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1983
- 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
- Subordinate organization
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