NEW YORK-PRESBYTERIAN FUND INC Charity Report

Public IRS 990 nonprofit record

NEW YORK-PRESBYTERIAN FUND INC

EIN 13-3160356 · Health Care (E120)

What they do

THE PURPOSES for WHICH THE CORPORATION is FORMED ARE: (A) to RECEIVE, SOLICIT, and ADMINISTER A FUND or FUNDS to BE APPLIED EXCLUSIVELY for CHARITABLE, EDUCATIONAL, and SCIENTIFIC PURPOSES of THE NEW YORK and PRESBYTERIAN HOSPITAL and ANY OTHER HEALTH-CARE RELATED CHARITABLE ORGANIZATION or CORPORATION APPROVED BY THE BOARD of DIRECTORS of THE CORPORATION WHICH is DESCRIBED IN SECTION 509(A)(1) or 509(A)(2) of THE INTERNAL REVENUE CODE of 1954, AS AMENDED and (B) to TAKE ANY and ALL ACTIONS WHICH ARE Incidental to and NOT INCONSISTENT WITH THE FORGOING PURPOSES of THE CORPORATION and WHICH ARE LAWFUL for NOT-FOR-PROFIT CORPORATIONS, to THE EXTENT SUCH PURPOSES ARE PURPOSES DESCRIBED IN SECTION 509(A)(3)(A) of THE INTERNAL REVENUE CODE of 1954.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.30 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 leaders100 people are listed in the latest report.

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

Money made simple

79.50%of revenue went to mission work87.3% of expenses · Program services

9.33%of revenue went to fundraising10.2% of expenses

$91.09spent for every $100 of revenueRevenue covered expenses this year.

2.25%of revenue went to management and office costs2.5% of expenses

$13.44in assets for every $1 spent this yearSome assets cannot be spent right away.

55.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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 $2,972,087 for STEVEN J CORWIN (DIRECTOR). 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$334,790,100

Mission workProgram services$266,171,95779.50% of revenue87.3% of expenses

ManagementOffice and general costs$7,543,8232.25% of revenue2.5% of expenses

FundraisingAsking for donations$31,228,5649.33% of revenue10.2% of expenses

Revenue left after expensesReported annual surplus$29,845,7568.91% of revenueShown in gray on the chart

Total expenses$304,944,34491.09% 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: 87.3% mission · 2.5% management · 10.2% fundraisingTotal expenses: 91.09% of revenue

2023Expense mix: 86.0% mission · 2.5% management · 11.5% fundraisingTotal expenses: 64.73% of revenue

2022Expense mix: 89.5% mission · 2.4% management · 8.1% fundraisingTotal expenses: 110.48% of revenue

2021Expense mix: 87.8% mission · 3.0% management · 9.2% fundraisingTotal expenses: 71.37% of revenue

2020Expense mix: 88.5% mission · 3.1% management · 8.5% fundraisingTotal expenses: 84.34% of revenue

2019Expense mix: 83.3% mission · 4.4% management · 12.3% fundraisingTotal expenses: 79.10% of revenue

2018Expense mix: 83.2% mission · 5.1% management · 11.8% fundraisingTotal expenses: 49.57% of revenue

2017Expense mix: 84.3% mission · 6.3% management · 9.4% fundraisingTotal expenses: 43.14% of revenue

Money in and money out

Revenue$334,790,100

Expenses$304,944,344

Annual surplus $29,845,756 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)$266,171,957 · 87.3% of expenses

Management and office costs$7,543,823 · 2.5% of expenses

Fundraising$31,228,564 · 10.2% of expenses

See all reported dollar amounts

Revenue$334,790,100

Expenses$304,944,344

Assets$4,099,085,745

Income$369,961,071

Contributions$186,067,387

Mission work (program services)$266,171,957

Fundraising$31,228,564

Grants given$813,133,113

Average grant$81,313,311

Management and general$7,543,823

Executive compensation (total)$3,649,147

Stocks and bonds$659,649

Accounting fees$171,984

Investing fees$176,957

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

STEVEN J CORWINDIRECTOR · 6 hrs/week $2,972,087Base · Other $2,972,087

WILLIAM J FARRELLTREASURER · 3 hrs/week $116,194Base · Other $116,194

JOHN V CAMPANOVP, CORP SEC & SENIOR COUNSEL · 1 hrs/week $100,478Base · Other $100,478

MICHAEL P BRESLINPRESIDENT · 9 hrs/week $94,408Base · Other $94,408

RICHARD EINWECHTERASSISTANT TREASURER $88,753Base · Other $88,753

ANNE DINNEENSVP- CHIEF INVESTMENT OFFICER · 23 hrs/week $78,191Base · Other $78,191

SHEILA KELLYSVP CHIEF DEVELOPMENT OFFICER · 60 hrs/week $72,358Base · Other $72,358

VANESSA MURPHYDIRECTOR, ASSOC. GC. & DEPUTY CORP. SEC. $71,609Base · Other $71,609

MARY BETH CLAUSG. SVP, G.C. & CLO · 3 hrs/week $50,412Base · Other $50,412

MELISSA E WELCHASSISTANT SECRETARY $33,169Base · Other $33,169

MARY BRAUNSDORFASSISTANT SECRETARY $15,943Base · Other $15,943

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 (100)

STEVEN J CORWINDIRECTOR

WILLIAM J FARRELLTREASURER

JOHN V CAMPANOVP, CORP SEC & SENIOR COUNSEL

MICHAEL P BRESLINPRESIDENT

RICHARD EINWECHTERASSISTANT TREASURER

ANNE DINNEENSVP- CHIEF INVESTMENT OFFICER

SHEILA KELLYSVP CHIEF DEVELOPMENT OFFICER

VANESSA MURPHYDIRECTOR, ASSOC. GC. & DEPUTY CORP. SEC.

MARY BETH CLAUSG. SVP, G.C. & CLO

MELISSA E WELCHASSISTANT SECRETARY

MARY BRAUNSDORFASSISTANT SECRETARY

ABIGAIL BLACK ELBAUMDIRECTOR

ADAM SILVERDIRECTOR

ADEBAYO O OGUNLESIDIRECTOR

ALFRED F KELLY JRDIRECTOR

AMIE RATH NUTTALLDIRECTOR

ANDREW DAVISDIRECTOR

ANDREW M SYNDERDIRECTOR

ANGELA M MILLSDIRECTOR

ANTHONY A TAMERDIRECTOR

ANTHONY A YOSELOFFDIRECTOR

BENNETT J GOODMANDIRECTOR

BRAD S KARPDIRECTOR

BRIAN KELLYDIRECTOR

BRUCE A BEAL JRDIRECTOR

CARYN SEIDMAN BECKERDIRECTOR

CC MELVIN IKEDIRECTOR

CHARLES KAYEDIRECTOR

CHRISTINA MCINERNEYDIRECTOR

CLARA WU TSAIDIRECTOR

DANIEL S OCHDIRECTOR

DAVID LAURENDIRECTOR

DAVID J GREENWALDDIRECTOR

DAVID M SOLOMONDIRECTOR

DEANNA M MULLIGANDIRECTOR

DENNIS E GLAZERDIRECTOR

ELIZABETH ALEXANDERDIRECTOR

ELIZABETH TISCHDIRECTOR

ELLEN R MARRAMDIRECTOR

FAIZA J SAEEDDIRECTOR

FRANK A BENNACK JRDIRECTOR

GABRIELLE BACONDIRECTOR

GLENN R FUHRMANDIRECTOR

GREGORY K MONDREDIRECTOR

H RODGIN COHENDIRECTOR

HARRISON T LEFRAKDIRECTOR

HEIDI MESSERDIRECTOR

HERBERT PARDESDIRECTOR (THRU 5/2024)

HOLLY PETERSONDIRECTOR

HUGH C HEMMINGSDIRECTOR (THRU 6/2024)

IVAN G SEIDENBERGDIRECTOR

JAMES S GERTLERDIRECTOR

JEFFREY A HARRISDIRECTOR

JEFFREY W GREENBERGDIRECTOR

JERRY I SPEYERDIRECTOR

JESSICA BIBLIOWICZDIRECTOR

JOHN A THAINDIRECTOR

JOHN J MACKDIRECTOR

JOHN S WEINBERGDIRECTOR

JULISSA REYNOSODIRECTOR

JUSTIN G MUZINICHDIRECTOR

LAURA E RILEYDIRECTOR

LEE S AINSLIE IIIDIRECTOR

LENARD B TESSLERDIRECTOR

LEONARD A WILFDIRECTOR

LISA R PERRYDIRECTOR

LISE HIMBERG EVANSDIRECTOR

LUIS A CANELADIRECTOR

MARCOS A RODRIGUEZDIRECTOR

MARGARET C ANADUDIRECTOR

MARGARET L WOLFFDIRECTOR

MARK SCHWARTZDIRECTOR

MARLENE HESSDIRECTOR

MAURICE R GREENBERGDIRECTOR

MAYA L HARRISDIRECTOR

MICHAEL ESPOSITODIRECTOR

MICHAEL D TUSIANIDIRECTOR

MITCHELL L JACOBSONDIRECTOR

NANCY MARKSDIRECTOR

NOEL R WALLACEDIRECTOR

PAMELA G CARLTONDIRECTOR

PAMELA J CRAIGDIRECTOR

PETER A GEORGESCUDIRECTOR

PETER S KALIKOWDIRECTOR

PHILIPPE LAFFONTDIRECTOR

RAFAEL MASONDIRECTOR

RAYMOND DALIODIRECTOR

RAYMOND J MCGUIREDIRECTOR

RICHARD C DRESDALEDIRECTOR

ROB J SPEYERDIRECTOR

ROCHELLE B LAZARUSDIRECTOR

ROGER C ALTMANDIRECTOR

RONAY A MENSCHELDIRECTOR

RUSSELL LLOYD CARSONDIRECTOR

SARAH E NASHDIRECTOR

SEYMOUR STERNBERGDIRECTOR

SHARMIN MOSSAVAR-RAHMANIDIRECTOR

SHARON YESHAYADIRECTOR

STEPHANIE ANNE COLEMANDIRECTOR

STEPHEN ROBERTDIRECTOR

About this charity

Recognized since: January 2000
Location: 525 EAST 68TH STREET BOX 156, NEW YORK, NY 10065-4870
County: New York
In care of: % MICHAEL BRESLIN
Primary officer: MICHAEL BRESLIN, PRESIDENT

How to reach them

Phone(212) 297-4255

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E120)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes