NonprofitsLahey Clinic Foundation Inc

Health Care

Lahey Clinic Foundation Inc

CHARLESTOWN, MA

Total revenue

$49.5M

Total expenses

$6.4M

Net assets

$213.5M

Grants received

$15.9M

101 grants

EIN

042323457

Tax year

2023

Mission

See schedule o

Financials

FY 2023

Revenue

Contributions & grants$5.9M
Program service revenue$6.9M
Investment income$36.7M
Other revenue$420
Total revenue$49.5M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$6.4M
Total expenses$6.4M
Total assets$634.1M
Net assets$213.5M

People

36 listed

NameRoleCompensation

SHORETT PETER

TTEE(CEO DESIG) (SR EVP & COO, BILH)

Board

1 hrs/wk

MOFFATT-BRUCE MD PHD SUSAN

PRESIDENT & TRUSTEE (EX-OFFICIO)

Board

1 hrs/wk

MOSENTHAL MD ANNE

TRUSTEE; CHIEF ACADEMIC OFFICER

Board

1 hrs/wk

MOURTZINOS MD ARTHUR P

TRUSTEE; UROLOGIST

Board

1 hrs/wk

BRAMS MD DAVID

TTEE (EX-OFF) (PRES, MEDICAL STAFF)

Board

1 hrs/wk

SORCINI MD ANDREA P

TTEE (EX-OFF); MSA PRES & UROLOGIST

Board

1 hrs/wk

HUNTER MD ALICE A

TRUSTEE; ORTHOPAEDIC SURGEON

Board

1 hrs/wk

SRINIVASAN MD JAYASHRI

TRUSTEE; DIVISION CHAIR NEUROLOGY

Board

1 hrs/wk

WINGER MD CHRISTINE

TRUSTEE, PHYSICIAN

Board

1 hrs/wk

AQUINO MD PATRICK

TTEE; LCI DIVISION CHAIR, PSYCHIATRY

Board

1 hrs/wk

CRAWFORD MD BETSEY

TTEE; PHYSICIAN, INTERNAL MEDICINE

Board

1 hrs/wk

D'AGOSTINO MD RICHARD S

TRUSTEE, PHYSICIAN

Board

1 hrs/wk

EDMONDS JANE C

TRUSTEE & CHAIR

Board

1 hrs/wk

ALEXANDER PAUL

TRUSTEE

Board

1 hrs/wk

DECOSTE PAMELA

TRUSTEE

Board

1 hrs/wk

FINK JOHANNA

TRUSTEE

Board

1 hrs/wk

HO WILLIAM

TRUSTEE

Board

1 hrs/wk

LAFRENIERE LAWRENCE

TRUSTEE

Board

1 hrs/wk

MCARDLE JOAN

TRUSTEE

Board

1 hrs/wk

NORDBLOM PETER C

TRUSTEE

Board

1 hrs/wk

PONTE PATRICIA REID

TRUSTEE

Board

1 hrs/wk

REYNOLDS MARY

TRUSTEE

Board

1 hrs/wk

ROBINS SHANNON

TRUSTEE

Board

1 hrs/wk

SCHMERGEL GREG

TRUSTEE

Board

1 hrs/wk

RIOS CINDY

TREAS (EX-OFF) (EXEC VP & CFO, BILH)

Board

1 hrs/wk

KATZ ESQ JAMIE

CLERK (EX-OFF); GENERAL COUNSEL BILH

Board

1 hrs/wk

CONNELLY CPA MBA MICHAEL

ASST TREAS (EX-OFF) & CFO

Board

1 hrs/wk

TABERNER MIKAELA

ASST CLERK (ASSOC GC, BILH)

Board

1 hrs/wk

TABB MD KEVIN

TTEE & CEO (EX-OFF) (CEO, BILH)

Board

1 hrs/wk

BELL ELIZABETH BRYCE

AVP DEVELOPMENT

Staff

$277K

55 hrs/wk

LIESCHING MD TIMOTHY

SVP, CHIEF MEDICAL OFFICER

Staff

1 hrs/wk

BACIARELLI RENATO VAL

INTERIM SVP, COO

Staff

1 hrs/wk

PARRILLO JULIA

REGIONAL VP, PHILANTHROPY

Staff

1 hrs/wk

CANTRELL PAUL

VP, PLANNING, DESIGN, & CONSTRUCTION

Staff

1 hrs/wk

BENNETT KEVIN

FRMR ASST TREAS (EX-OFF) & CFO

Staff

0

LONGWORTH MD DAVID

FRMR TTEE (EX-OFF) & PRES

Staff

0

Independent contractors

STATE STREET BANK & TRUST

INVESTMENT MGMT SERVICES

$18.6M

US BANK TRUST CO NATIONAL ASSN

INVESTMENT MGMT SERVICES

$10.3M

MUFG BANK LTD

FINANCIAL SERVICES

$455K

PRIME BUCHHOLZ & ASSOCIATES LLC

INVESTMENT MGMT SERVICES

$173K

Grants received

Showing 101 of 101

FromAmountPurposeYear
$487K
MEDICAL RESEARCH & TREATMENT
2024
$342K
SUPPORT FOR SIAS LABORATORIES
2024
$15K
MEDICAL / PUBLIC SERVICES
2024
$9K
MEDICAL RESEARCH & TREATMENT
2024
$52
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$1.2M
For grant recipient's exempt purposes
2023
$488K
MEDICAL RESEARCH & TREATMENT
2023
$333K
SUPPORT FOR SIAS LABORATORIES
2023
$100K
DAF - Health Care & Research
2023
$62K
GENERAL PURPOSES
2023
$62K
GENERAL PURPOSES
2023
$51K
PUBLIC, SOCIETAL BENEFIT
2023
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
UNRESTRICTED GENERAL SUPPORT
2023
$15K
UNRESTRICTED GENERAL
2023
$15K
MEDICAL / PUBLIC SERVICES
2023
$10K
HEALTH, GENERAL
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
Community Impact
2023
$2K
MEDICAL RESEARCH & TREATMENT
2023
$1K
CHARITABLE
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$1.2M
For grant recipient's exempt purposes
2022
$337K
SUPPORT FOR SIAS LABORATORIES
2022
$318K
MEDICAL RESEARCH & TREATMENT
2022
$40K
GENERAL PURPOSES
2022
$40K
GENERAL PURPOSES
2022
$25K
GENERAL HEALTH
2022
$20K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$15K
GENERAL OPERATIONS
2022
$15K
UNRESTRICTED GENERAL
2022
$10K
Community Impact
2022
$175
DONATION
2022
$973K
For grant recipient's exempt purposes
2021
$973K
For grant recipient's exempt purposes
2021
$321K
SUPPORT FOR SIAS LABORATORIES
2021
$40K
GENERAL PURPOSES
2021
$28K
General Support
2021
$25K
For recipient's exempt purpose
2021
$2K
Hospice Comfort Care Fund
2021
$932K
For grant recipient's exempt purposes
2020
$500K
UNRESTRICTED GRANT
2020
$311K
SUPPORT FOR SIAS LABORATORIES
2020
$50K
LAHEY HOSPITAL & MEDICAL CENTER GREATEST NEEDS FUND
2020
$40K
GENERAL PURPOSES
2020
$25K
TO SUPPORT ART HEALING PROGRAM
2020
$25K
MEDICAL / PUBLIC SERVICES
2020
$10K
MEDICAL / PUBLIC SERVICES
2020
$10K
UNRESTRICTED GENERAL
2020
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$6K
MATCHING GIFTS
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$2K
Hospice Comfort Care Fund
2020
$1.7M
For grant recipient's exempt purposes
2019
$50K
UNRESTRICTED GENERAL SUPPORT
2019
$30K
GENERAL OPERATING SUPPORT
2019
$25K
IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION
2019
$10K
Emergency Support
2019
$10K
MEDICAL/SCIENTIFIC RESEARCH & PROGRAMS
2019
$2K
COMMUNITY ASSISTANCE
2019
$797K
For grant recipient's exempt purposes
2018
$312K
SUPPORT FOR SIAS LABORATORIES
2018
$50K
SUPPORT FOR RESEARCH
2018
$25K
Operating Support
2018
$25K
GENERAL OPERATING SUPPORT
2018
$20K
RELIGIOUS, SCIENTIFIC, OR EDUCATIONAL, ETC.
2018
$2K
COMMUNITY ASSISTANCE
2018
$425
PROGRAM/OPERATING SUPPORT
2018
$586K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$55K
Sponsored Research Sub-Award
2017
$30K
GENERAL OPERATING SUPPORT
2017
$6K
HEALTH & HUMAN SERVICES
2017

Funded by

$15.9M from 44 funders · 101 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$8.4M · 8 grants · 2017–2023

Trust Uw Alice E Sias 52-010063

$2.0M · 6 grants · 2018–2024

Elmer K And Ethel R Timby Charitable Trust

$1.4M · 4 grants · 2020–2023

Cammarata Family Foundation Ua

$1.3M · 5 grants · 2022–2024

Gordon Foundation

$500K · 1 grant · 2020

Jacques Mohr Charitable Tr

$282K · 6 grants · 2020–2023

Donor Advised Charitable Giving Inc

$137K · 7 grants · 2017–2023

Details

EIN042323457
NTEE codeE110
Subsection03
Ruling date1994-10
Formed1963
Employees0
Volunteers12
LAHEY CLINIC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo