THE BROOKLYN HOSPITAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE BROOKLYN HOSPITAL FOUNDATION INC

EIN 11-2936410 · Health Care (E1120)

What they do

THE FOUNDATION EXISTS to SUPPORT THE VISION and MISSION of THE BROOKLYN HOSPITAL CENTER (TBHC) THROUGH A CHARITABLE ORGANIZATION COMMITTED to THE BROOKLYN COMMUNITY. THE PRIMARY PURPOSE and SCOPE of THE FOUNDATION is to SUPPORT A BROAD RANGE of EDUCATIONAL and CLINICAL PROGRAMS and SERVICES WHICH STRIVE to IMPROVE THE HEALTHCARE DELIVERY SYSTEM IN BROOKLYN. THE VISION of THE FOUNDATION SUPPORTS and COMPLEMENTS THE VISION of TBHC and ITS PARTNERS, WITH A FIRM COMMITMENT to A CONTINUED PRESENCE and SERVICE to RESIDENTS, PROVIDERS, EMPLOYERS, ORGANIZATIONS and HEALTHCARE PROVIDERS. THE FOUNDATION is SPECIFICALLY COMMITTED to PURSUING CLINICAL EXCELLENCE THROUGH RESEARCH and EDUCATION; to IMPROVING ACCESS to HEALTHCARE THROUGH COMMUNITY SERVICE and OUTREACH PROGRAMS; and to SUPPORT ECONOMIC DEVELOPMENT THROUGH PHILANTHROPIC GIFTS and GRANTS. THE FOUNDATION is ROOTED DEEPLY IN BROOKLYN, to SERVE ITS RESIDENTS, to STRENGTHEN ITS RESOURCES and to PROVIDE THE MEANS for A HEALTHIER BROOKLYN.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.57%of revenue went to mission work80.7% of expenses · Program services

3.81%of revenue went to fundraising5.1% of expenses

$75.03spent for every $100 of revenueRevenue covered expenses this year.

10.65%of revenue went to management and office costs14.2% of expenses

$2.91in assets for every $1 spent this yearSome assets cannot be spent right away.

91.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $12,384 for HARRY DYM (CO-CHAIR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,495,623

Mission workProgram services$2,117,28460.57% of revenue80.7% of expenses

ManagementOffice and general costs$372,38410.65% of revenue14.2% of expenses

FundraisingAsking for donations$133,0463.81% of revenue5.1% of expenses

Revenue left after expensesReported annual surplus$872,90924.97% of revenueShown in gray on the chart

Total expenses$2,622,71475.03% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.7% mission · 14.2% management · 5.1% fundraisingTotal expenses: 75.03% of revenue

2023Expense mix: 72.1% mission · 23.0% management · 4.8% fundraisingTotal expenses: 132.44% of revenue

2022Expense mix: 74.2% mission · 21.3% management · 4.5% fundraisingTotal expenses: 129.49% of revenue

2021Expense mix: 88.5% mission · 5.4% management · 6.1% fundraisingTotal expenses: 114.72% of revenue

2020Expense mix: 91.4% mission · 3.3% management · 5.3% fundraisingTotal expenses: 46.41% of revenue

2019Expense mix: 52.7% mission · 35.5% management · 11.8% fundraisingTotal expenses: 51.75% of revenue

2018Expense mix: 79.8% mission · 10.7% management · 9.5% fundraisingTotal expenses: 95.63% of revenue

2017Expense mix: 90.2% mission · 2.7% management · 7.1% fundraisingTotal expenses: 155.83% of revenue

Money in and money out

Revenue$3,495,623

Expenses$2,622,714

Annual surplus $872,909 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,117,284 · 80.7% of expenses

Management and office costs$372,384 · 14.2% of expenses

Fundraising$133,046 · 5.1% of expenses

See all reported dollar amounts

Revenue$3,495,623

Expenses$2,622,714

Assets$7,638,981

Income$5,503,286

Contributions$3,197,103

Mission work (program services)$2,117,284

Fundraising$133,046

Grants given$7,776,853

Average grant$1,110,979

Management and general$372,384

Stocks and bonds$5,341,607

Investing fees$11,332

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

HARRY DYMCO-CHAIR · 1 hrs/week $12,384Base · Other $12,384

NOAH KONDAMUDI MDTRUSTEE · 1 hrs/week $12,384Base · Other $12,384

MADHAVI REDDY MDTRUSTEE · 1 hrs/week $12,384Base · Other $12,384

LUCA MILONE MDTRUSTEE · 1 hrs/week $12,384Base · Other $12,384

J ANDERS COHEN MDTRUSTEE · 1 hrs/week $12,384Base · Other $12,384

GARY TERRINONIPRESIDENT & CEO · 1 hrs/week $12,384Base · Other $12,384

ARMAND P ASARIAN MDVICE CHAIR · 1 hrs/week $12,384Base · Other $12,384

DEBBIE NIEDERHOFFERVICE PRESIDENT · 60 hrs/week $11,145Base · Other $11,145

JOSHUA ROSENBERG MDTRUSTEE · 1 hrs/week $8,934Base · Other $8,934

JAMES GASPERINO MDTRUSTEE · 1 hrs/week $3,830Base · Other $3,830

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

HARRY DYMCO-CHAIR

NOAH KONDAMUDI MDTRUSTEE

MADHAVI REDDY MDTRUSTEE

LUCA MILONE MDTRUSTEE

J ANDERS COHEN MDTRUSTEE

GARY TERRINONIPRESIDENT & CEO

ARMAND P ASARIAN MDVICE CHAIR

DEBBIE NIEDERHOFFERVICE PRESIDENT

JOSHUA ROSENBERG MDTRUSTEE

JAMES GASPERINO MDTRUSTEE

DINO VERONESECO-CHAIR

DANIEL RICCIARDI MDTRUSTEE

ADRINA BANKS-MARTINTREASURER

BERNARD DRAYTONSECRETARY

LESIA BATES MOSSTRUSTEE

ANNE ELIZABETH FONTAINETRUSTEE

MARTHA BAKOS DIETZTRUSTEE

MICHELLE MCGOVERNTRUSTEE

ANDREW L HAMMTRUSTEE

About this charity

Recognized since: January 1988
Location: 121 DEKALB AVE, BROOKLYN, NY 11201-5425
County: Kings
In care of: % JOHN WALSH
Primary officer: JOHN WALSH, VP, CFO

How to reach them

WebsiteVisit the charity’s website Emailbramirez@raices.us Phone(718) 250-8000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Health Care (E1120)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes