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Nonprofit · EIN 11-2936410

BROOKLYN HOSPITAL FOUNDATION INC

Tax-exempt · BROOKLYN, NY 11201

Financials

$1.9M$2.6M2023$3.5M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of BROOKLYN HOSPITAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,495,623$2,622,714$872,909$7,638,981$71,528$7,567,453
December 31, 2023990$1,930,615$2,556,813-$626,198$6,343,880$77,774$6,266,106
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,197,103
Program service revenue
$0
Investment income
$199,646
Net gain from sales of assets
$41,293
Net income from fundraising events
$98,874
Other revenue
$98,874

Expenses

Grants and similar amounts paid
$1,722,179
Other salaries and wages
$458,489
Salaries, compensation and benefits (total)
$564,436
Professional fundraising fees
$48,381
Program services (functional)
$2,117,284
Management and general (functional)
$372,384
Fundraising (functional)
$133,046

Balance sheet and other

Total assets, start of year
$6,343,880
Total assets, end of year
$7,638,981
Total liabilities, end of year
$71,528
Net assets, end of year
$7,567,453
Publicly traded securities
$5,341,607
Net assets without donor restrictions
$4,080,952
Net assets with donor restrictions
$3,486,501
Gross receipts
$5,503,286
Employees
0
Volunteers
10
Year formed
1987
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
GARY TERRINONIPRESIDENT & CEO
Trustee or director, Officer
1$0$1,818,000$12,384
J ANDERS COHEN MDTRUSTEE
Trustee or director
1$0$855,911$12,384
JAMES GASPERINO MDTRUSTEE
Trustee or director
1$0$660,000$3,830
MADHAVI REDDY MDTRUSTEE
Trustee or director
1$0$525,000$12,384
LUCA MILONE MDTRUSTEE
Trustee or director
1$0$512,684$12,384
HARRY DYMCO-CHAIR
Trustee or director, Officer
1$0$470,000$12,384
NOAH KONDAMUDI MDTRUSTEE
Trustee or director
1$0$470,000$12,384
ARMAND P ASARIAN MDVICE CHAIR
Trustee or director, Officer
1$0$450,000$12,384
JOSHUA ROSENBERG MDTRUSTEE
Trustee or director
1$0$325,000$8,934
DEBBIE NIEDERHOFFERVICE PRESIDENT
Trustee or director, Officer
60$0$300,000$11,145
DINO VERONESECO-CHAIR
Trustee or director, Officer
1$0$0$0
ADRINA BANKS-MARTINTREASURER
Trustee or director, Officer
1$0$0$0
BERNARD DRAYTONSECRETARY
Trustee or director, Officer
1$0$0$0
MARTHA BAKOS DIETZTRUSTEE
Trustee or director
1$0$0$0
ANNE ELIZABETH FONTAINETRUSTEE
Trustee or director
1$0$0$0
4 more people on this return
NameTitleHours / weekCompensation
ANDREW L HAMMTRUSTEE
Trustee or director
1$0
MICHELLE MCGOVERNTRUSTEE
Trustee or director
1$0
LESIA BATES MOSSTRUSTEE
Trustee or director
1$0
DANIEL RICCIARDI MDTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GARY TERRINONIPRESIDENT & CEO
Trustee or director, Officer
1$0$1,806,154$12,234
J ANDERS COHEN MDTRUSTEE
Trustee or director
1$0$868,337$12,234
JAMES GASPERINO MDTRUSTEE
Trustee or director
1$0$685,000$3,830
MADHAVI REDDY MDTRUSTEE
Trustee or director
1$0$525,000$12,234
HARRY DYMCO-CHAIR
Trustee or director, Officer
1$0$463,701$12,234
NOAH KONDAMUDI MDTRUSTEE
Trustee or director
1$0$450,000$12,234
ARMAND P ASARIAN MDVICE CHAIR
Trustee or director, Officer
1$0$449,979$12,234
JOSHUA ROSENBERG MDTRUSTEE
Trustee or director
1$0$325,000$8,934
DEBBIE NIEDERHOFFERVICE PRESIDENT
Trustee or director, Officer
60$0$300,000$11,145
DINO VERONESECO-CHAIR
Trustee or director, Officer
1$0$0$0
ADRINA BANKS-MARTINTREASURER
Trustee or director, Officer
1$0$0$0
BERNARD DRAYTONSECRETARY
Trustee or director, Officer
1$0$0$0
MARTHA BAKOS DIETZTRUSTEE
Trustee or director
1$0$0$0
ANNE ELIZABETH FONTAINETRUSTEE
Trustee or director
1$0$0$0
ANDREW L HAMMTRUSTEE
Trustee or director
1$0$0$0
LESIA BATES MOSSTRUSTEE
Trustee or director
1$0$0$0
DANIEL RICCIARDI MDTRUSTEE
Trustee or director
1$0$0$0
CARLOS P NAUDONTRUSTEE (UNTIL APRIL 2023)
Trustee or director
1$0$0$0
DAVID SCHWARTZTRUSTEE (UNTIL APRIL 2023)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
121 DEKALB AVE, BROOKLYN, NY 11201-5425
In care of
% JOHN WALSH
Principal officer (990 for 2024)
GARY TERRINONI, 121 DEKALB AVENUE, BROOKLYN, NY 11201
Signed the 990
JOHN WALSH, VP, CFO
Phone
(718) 250-8000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE FUNDS FOR THE BROOKLYN HOSPITAL DEVELOPMENT PROGRAM AND HELP PAY FOR HEALTH AND EDUCATIONAL PROGRAMS.
    Expenses $2,117,284 · grants $1,722,179

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2936410
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,638,981
Income (IRS master file)
$5,503,286

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,495,623$2,622,714$7,638,981XML
990December 2023$1,930,615$2,556,813$6,343,880XML
990December 2022$1,833,849$2,374,570$6,463,743IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2936410).

Questions about BROOKLYN HOSPITAL FOUNDATION INC

What is the EIN of BROOKLYN HOSPITAL FOUNDATION INC?
The employer identification number (EIN) of BROOKLYN HOSPITAL FOUNDATION INC is 11-2936410.
Is BROOKLYN HOSPITAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to BROOKLYN HOSPITAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BROOKLYN HOSPITAL FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BROOKLYN HOSPITAL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROOKLYN HOSPITAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BROOKLYN HOSPITAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names GARY TERRINONI.
Who are the officers and directors of BROOKLYN HOSPITAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 19 people; 0 received compensation from the organization.
How much revenue does BROOKLYN HOSPITAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,495,623, expenses of $2,622,714 and total assets of $7,638,981 at year end.

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