New York-Presbyterian Fund
New York-Presbyterian Fund reported $334.8 million in revenue and $304.9 million in expenses for calendar year 2024. Of every $100 it spent, $87.29 went to program services, $2.47 to management and general costs and $10.24 to fundraising. Its largest source of revenue was contributions and grants: 55.6% of the total. The highest compensation it reported for one person was $26,271,976 (DIRECTOR). Revenue rose 32% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $305MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $335MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.5% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 10.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 55.6% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 42.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $26,271,976 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.62% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 156.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 91 of 96 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseNew York-Presbyterian Fund inc. Is organized to solicit, receive, administer funds and provide malpractice insurance to be applied exclusively for charitable, educational and scientific purposes, primarily for the benefit of 501(c)(3) health care related charitable organizations
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 6.0 hrs/week | $0 | $23,299,889 | $2,972,087 | $26,271,976 |
| PRESIDENT Officer, 9.0 hrs/week | $0 | $3,178,968 | $94,408 | $3,273,376 |
| SVP- CHIEF INVESTMENT OFFICER Officer, 23.0 hrs/week | $0 | $2,776,459 | $78,191 | $2,854,650 |
| G. SVP, G.C. & CLO Officer, 3.0 hrs/week | $0 | $2,479,210 | $50,412 | $2,529,622 |
| TREASURER Officer, 3.0 hrs/week | $0 | $1,564,502 | $116,194 | $1,680,696 |
| SVP CHIEF DEVELOPMENT OFFICER Key employee, 60.0 hrs/week | $0 | $1,460,190 | $72,358 | $1,532,548 |
| ASSISTANT TREASURER Officer, 0.5 hrs/week | $0 | $1,027,556 | $88,753 | $1,116,309 |
| DIRECTOR (THRU 5/2024) Director/trustee, 0.5 hrs/week | $0 | $725,010 | $0 | $725,010 |
0 people received more than $100,000 in reportable compensation from New York-Presbyterian Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b96 · 91 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6623
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| NEOSCAPE INC Consultant | $714,340 |
| AT LAST BK INC Banquet operator | $471,070 |
| TRUESENSE MARKETING fundraising program services | $462,396 |
| CIPRIANI 42ND STREET LLC Banquet operator | $400,327 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Private foundation grants it received
111 private foundations reported grants to New York-Presbyterian Fund totaling $36M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from New York-Presbyterian Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New York-Presbyterian Fund, you can publish a response that is linked from this page.
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Of every $100 New York-Presbyterian Fund spent in 2024, $87.29 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Hospitals of Central CaliforniaFresno, CA · revenue $334M · programs 76.8% · FY2025
- McLaren Bay RegionBay City, MI · revenue $335M · programs 85.0% · FY2025
- Leesburg Regional Medical CenterLeesburg, FL · revenue $334M · programs 94.2% · FY2025
- White County Medical CenterSearcy, AR · revenue $337M · programs 86.5% · FY2025
- El Rio Santa Cruz Neighborhood Health CenterTucson, AZ · revenue $334M · programs 91.3% · 2025
Questions people ask
How much of New York-Presbyterian Fund's spending goes to programs?
In calendar year 2024, New York-Presbyterian Fund reported that 87.3% of its $304.9 million in expenses went to program services, 2.5% to management and general and 10.2% to fundraising (Form 990, Part IX).
How much does New York-Presbyterian Fund pay its top executive?
The largest total compensation New York-Presbyterian Fund reported for one person in calendar year 2024 was $26,271,976, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New York-Presbyterian Fund get its money?
Of $334.8 million in revenue in calendar year 2024, 55.6% came from contributions and grants and 42.7% from program service revenue (Form 990, Part VIII).
Is New York-Presbyterian Fund a registered charity?
The IRS lists EIN 13-3160356 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543169349306244 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433179349304658 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349309353 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203149349307165 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103549349300640 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033179349308918 · read the filing
All filings for EIN 13-3160356: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.