NonprofitsThe Summit Medical Group Foundation Inc

Health Care

The Summit Medical Group Foundation Inc

NEW PROVIDENCE, NJ

Total revenue

$1.4M

Total expenses

$964K

Net assets

$9.3M

Grants received

$1.9M

78 grants

EIN

463355413

Tax year

2024

Mission

Improve access to healthcare for underserved individuals in our community and help educate and inspire our current and future healthcare leaders.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$302K
Other revenue$34K
Total revenue$1.4M

Expenses

Grants paid$316K
Salaries & benefits
Fundraising$141K
Other expenses$648K
Total expenses$964K
Total assets$9.6M
Net assets$9.3M

People

14 listed

NameRoleCompensation

ADAM F BARRISON MD

PRESIDENT - TRUSTEE

Board

5 hrs/wk

JEFFREY LE BENGER MD

CHAIRMAN - TRUSTEE

Board

5 hrs/wk

LAURA BALSAMINI PHARMD BCPS

SECRETARY - TRUSTEE

Board

5 hrs/wk

HARI NADIMINTI MD

TREASURER - TRUSTEE

Board

5 hrs/wk

SONDRA BARRISON

TRUSTEE

Board

1 hrs/wk

HOWARD BLAUSTEIN MD

TRUSTEE

Board

1 hrs/wk

PETER HOGLUND CFP AIF

TRUSTEE

Board

1 hrs/wk

JOSEPH LEMOND ESQ

TRUSTEE

Board

1 hrs/wk

KATHERINE LIU

TRUSTEE

Board

1 hrs/wk

CHRISTINE MASTERSON MD

TRUSTEE

Board

1 hrs/wk

LISA MILLS MD

TRUSTEE

Board

1 hrs/wk

GENGHIS NIVER MD

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER RUSSO MD

TRUSTEE

Board

1 hrs/wk

JOSEPH FINOCCHIARO

EXECUTIVE DIRECTOR

Board

40 hrs/wk

Independent contractors

GRAYROCK ENTERTAINMENT INC

ENTERTAINMENT

$251K

THE GROVE NJ

EVENT MANAGEMENT

$209K

Grants received

Showing 78 of 78

FromAmountPurposeYear
$134K
CHARITABLE CONTRIBUTION TO SUPPORT PEOPLE IN NEED GAIN ACCESS TO MEDICAL, EDUCATIONAL, AND SOCIAL SERVICES
2024
$37K
OPERATIONS
2024
$25K
MEDICAL / PUBLIC SERVICES
2024
$15K
SUPPORT THE GLOBAL HEALTH IN THE COMMUNITY
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
FOR A SCHOLARSHIP AWARD.
2024
$188K
CHARITABLE CONTRIBUTION TO SUPPORT PEOPLE IN NEED GAIN ACCESS TO MEDICAL, EDUCATIONAL, AND SOCIAL SERVICES
2023
$67K
For grant recipient's exempt purposes
2023
$37K
OPERATIONS
2023
$25K
TO FURTHER ADVANCE THE ORGANIZATIONS CHARITABLE PURPOSE
2023
$20K
HEALTH AND HUMAN SERVICES
2023
$15K
SUPPORT THE GLOBAL HEALTH IN THE COMMUNITY
2023
$11K
CHARITABLE DONATION
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$6K
promoting equal justice and equal opportunity for women, children, and families.
2023
$100
MATCHING GIFTS
2023
$136K
CHARITABLE CONTRIBUTION TO SUPPORT PEOPLE IN NEED GAIN ACCESS TO MEDICAL, EDUCATIONAL, AND SOCIAL SERVICES
2022
$52K
For grant recipient's exempt purposes
2022
$30K
HEALTHY TOMORROWS COMMUNITY OUTREACH: ESSEX COUNTY
2022
$25K
TO FURTHER ADVANCE THE ORGANIZATIONS CHARITABLE PURPOSE
2022
$25K
HEALTH AND HUMAN SERVICES
2022
$11K
UNRESTRICTED SUPPORT OF THE ORGANIZATION'S EXEMPT PURPOSE
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
SUBSIDY SPONSORSHIP Sponsorship
2022
$3K
GENERAL SUPPORT
2022
$2K
SUMMIT HEALTH CARES FRESH START PROGRAM
2022
$125
MATCHING GIFTS
2022
$64K
For grant recipient's exempt purposes
2021
$64K
For grant recipient's exempt purposes
2021
$13K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$5K
General & Unrestricted
2021
$5K
GENERAL SUPPORT
2021
$5K
EMPOWERING COMMUNITIES
2021
$250
EMPLOYEE GIVING PROGRAM
2021
$120K
CHARITABLE CONTRIBUTION TO SUPPORT PEOPLE IN NEED GAIN ACCESS TO MEDICAL, EDUCATIONAL, AND SOCIAL SERVICES
2020
$25K
COVID-19 TESTING AND EDUCATION IN VULNERABLE COMMUNITIES
2020
$25K
TO FURTHER ADVANCE THE ORGANIZATIONS CHARITABLE PURPOSE
2020
$15K
MUSIC IN THE ATRIUMPILATES STRENGTH AND RECOVERY PROGRAM
2020
$15K
UNRESTRICTED GENERAL SUPPORT
2020
$15K
HEALTHY TOMORROWS COMMUNITY OUTREACH
2020
$13K
For grant recipient's exempt purposes
2020
$9K
General Support
2020
$8K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$6K
GENERAL CHARITABLE
2020
$5K
General & Unrestricted
2020
$5K
GENERAL SUPPORT
2020
$5K
GENERAL SUPPORT
2020
$117K
IMPROVING ACCESS TO HEALTHCARE FOR THE UNDERSERVED IN OUR COMMUNITY, EDUCATING AND INSPIRING FUTURE HEALTHCARE PROVIDERS AND PROMOTING THE COURAGE, CONFIDENCE AND EMOTIONAL WELL-BEING OF INDIVIDUALS AND THEIR FAMILIES FACING CANCER.
2019
$46K
For grant recipient's exempt purposes
2019
$27K
UNRESTRICTED GENERAL SUPPORT
2019
$10K
MUSIC IN THE ATRIUM
2019
$5K
PILATES STRENGTH AND RECOVERY PROGRAM
2019
$24K
For grant recipient's exempt purposes
2018
$5K
GENERAL SUPPORT
2018
$1K
HEALTH SERVICES
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$1K
GENERAL CHARITABLE
2017

Funded by

$1.9M from 33 funders · 78 grants · 2017–2024

Butchkie Foundation Inc

$577K · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$339K · 8 grants · 2017–2023

American Online Giving Foundation Inc

$136K · 4 grants · 2019–2024

The Warburg Pincus Foundation

$117K · 1 grant · 2019

Margaret A Darrin Charitable Trust

$75K · 3 grants · 2020–2023

American Gift Fund

$74K · 2 grants · 2023–2024

Morgan Stanley Global Impact Funding Trust Inc

$72K · 5 grants · 2019–2024

Donor Advised Charitable Giving Inc

$60K · 4 grants · 2018–2023

Details

EIN463355413
NTEE codeE12
Subsection03
Ruling date2014-04
Formed2013
Employees0
Volunteers500
THE SUMMIT MEDICAL GROUP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo