Northwell Health Foundation
71% goes to programs $22 to raise $100 Strong reserves
Northwell Health Foundation is a 501(c)(3) organization based in Westbury, New York, registered in 1994, with $123,518,750 in FY2024 revenue. CharityIndex grades it B+, and it directs about 71% of spending to programs.
972 Brush Hollow Rd 5th Fl, Westbury, NY, 11590 EIN 11-2965575 Since 1994
Revenue (FY2024)
$123.5M
▼ 20.7% vs prior year
Health median: $840K
Expenses (FY2024)
$102.8M
Net assets
$562.8M
Employees
103
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating71% to programs · $22 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Northwell Health Foundation: 71% to programs · $22 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating66 mo reserves · +17% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Northwell Health Foundation: 66 mo reserves · +17% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Northwell Health Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Northwell Health Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
Contact & location
- Address
- 972 Brush Hollow Rd 5th Fl, Westbury, NY, 11590
- City
- Westbury
- State
- New York
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $63.2M (FY2013) to $123.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.0MNet assets $562.8M
Operating margin
16.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$572.8M
Total liabilities
$10.0M
Net assets
$562.8M
Salaries & benefits
$22.5M
22% of expenses
Board members
35
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $123,518,750▼20.7% | $102,804,562▼7.4% | $562,828,597▲6.2% | $572,809,281▲6.2% | 990 |
| 2023 | $155,789,579▲33.5% | $111,039,521▲27.2% | $529,728,356▲15.9% | $539,501,981▲15.7% | 990 |
| 2022 | $116,719,999▼16.4% | $87,263,071▲11.2% | $457,032,327▲1.1% | $466,111,453▲0.9% | 990 |
| 2021 | $139,689,097▲16.2% | $78,449,388▼8.4% | $451,960,960▲18.4% | $461,901,470▲17.8% | 990 |
| 2020 | $120,253,750▲23.2% | $85,628,241▼1.9% | $381,730,803▲15.0% | $391,965,886▲14.1% | 990 |
| 2019 | $97,593,785▼11.9% | $87,249,258▲5.6% | $331,892,317▲6.7% | $343,577,244▼1.0% | 990 |
| 2018 | $110,747,825▲4.7% | $82,594,063▲2.0% | $311,094,992▲8.5% | $346,916,644▲5.6% | 990 |
| 2017 | $105,762,189▲9.6% | $81,002,858▲20.0% | $286,685,098▲13.5% | $328,438,650▲25.2% | 990 |
| 2016 | $96,516,296▲84.9% | $67,501,844▲18.6% | $252,606,631▲15.5% | $262,408,626▲13.6% | 990 |
| 2015 | $52,205,235▼23.1% | $56,910,378▼20.9% | $218,618,026▼2.3% | $231,000,932▼1.7% | 990 |
| 2014 | $67,890,541▲7.3% | $71,983,933▼11.9% | $223,876,874▼1.2% | $234,949,461▼1.4% | 990 |
| 2013 | $63,249,804 | $81,727,742▲20.6% | $226,674,617▼4.8% | $238,392,976▼3.1% | 990 |
| 2012 | — | $67,755,732▼47.8% | $238,124,113▲3.1% | $245,892,934▼0.9% | 990 |
| 2011 | — | $129,881,175▲79.3% | $230,863,311▲0.6% | $248,163,617▲2.0% | 990 |
| 2010 | — | $72,452,539 | $229,453,094 | $243,326,125 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Brian Lally — $1,176,751 (1.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Lally | Svp, Chief Development Officer | 50 | $1,176,751 |
| Robert Lane | Vp, Principal Gifts | 50 | $571,489 |
| Anastasios Kozaitis | Vp, Development | 50 | $568,417 |
| Souzan Hanna | Vp, Foundation Ops | 50 | $459,772 |
| Robin Ross | Avp, Development | 50 | $446,697 |
| Robert Castano | Vp, Development | 50 | $428,861 |
| Barry Rubenstein | Vice Chairman | 2 | — |
| David Battinelli | Evp & Physician In Chief | 0 | — |
| Donald Zucker | Secretary | 2 | — |
| Donna Drummond | Svp & Chf Expense Officer | 0 | — |
| Harry Gindi | Assistant Secretary | 0 | — |
| Jeffrey Kraut | Evp Strategy | 0 | — |
| Joseph Moscola | Evp, Enterprise Services | 0 | — |
| Konstantine Costalas | Svp, Managed Care | 0 | — |
| Laurence Kraemer | Evp, Gen Coun, Clo & Asst Sec | 0 | — |
| Margaret Crotty | Chairman | 3 | — |
| Mark Claster | Vice Chairman | 2 | — |
| Mark Gloade | Svp, Dep Gen Coun, Dep Clo & A | 0 | — |
| Mark Solazzo | Pres, Strategic Initiatives & | 0 | — |
| Michael Dowling | President & Ceo | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Eastcoast Entertainment Inc | Event Planning | $1,143,000 |
| Lawrence Scott Events Ltd | Event Planning | $865,225 |
| Mcvicker Higginbotham Inc | Advertising Svcs | $837,530 |
| Shadow Box Design Management | Event Planning | $637,003 |
| Eventage Event Production | Event Planning | $440,371 |
Grants received · $68.8M total
168 grants to Northwell Health Foundation totaling $68.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $738,854 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $558,410 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $525,000 |
| Greater Kansas City Community Foundation | Health, medicine & science | 2024 | $375,000 |
| American Endowment Foundation | Health, general | 2024 | $352,500 |
| Community Foundation of Jackson Hole | Jump-start pilot program; general internal medicine | 2024 | $350,000 |
| Fjc | General operating support | 2024 | $219,500 |
| The New York Community Trust | For program support. | 2024 | $50,000 |
| American Gift Fund | Operations | 2024 | $50,000 |
| The New York Community Trust | For research. | 2024 | $35,000 |
| American Online Giving Foundation Inc | General support | 2024 | $28,286 |
| The New York Community Trust | For program support. | 2024 | $20,000 |
| The New York Community Trust | For program support. | 2024 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,927 |
| The New York Community Trust | For program support. | 2024 | $10,000 |
Grants made · $73.1M in FY2024
8 grants totaling $73.1M in FY2024. All grants made by Northwell Health Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| North Shore University Hospital | General support | $29,890,698 |
| Long Island Jewish Medical Center | General support | $12,271,705 |
| The Feinstein Institute For Medical Research | General support | $11,681,005 |
| Lenox Hill Hospital | General support | $8,487,769 |
| South Shore University Hospital | General support | $5,123,391 |
| Northwell Healthcare Inc | General support | $4,139,764 |
| Glen Cove Hospital | General support | $855,450 |
| Plainview Hospital | General support | $625,993 |
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Frequently asked questions
- Is Northwell Health Foundation a legitimate nonprofit?
- Yes. Northwell Health Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2965575, based in Westbury, New York. Donations are tax-deductible.
- What is Northwell Health Foundation's EIN?
- Northwell Health Foundation's Employer Identification Number (EIN) is 11-2965575.
- How much revenue does Northwell Health Foundation report?
- Northwell Health Foundation reported $123,518,750 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Northwell Health Foundation's spending goes to programs?
- Northwell Health Foundation spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Northwell Health Foundation have?
- CharityIndex grades Northwell Health Foundation B+, based on program efficiency and fundraising cost.
- How much does Northwell Health Foundation's highest-paid employee make?
- The highest reported compensation on Northwell Health Foundation's latest Form 990 is $1,176,751, paid to Brian Lally (Svp, Chief Development Officer).
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Data for Northwell Health Foundation (EIN 11-2965575) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.