EIN 59-1711400

Mount Sinai Medical Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
State
Year formed
1976
Most recent tax filings
2022-12-01
NTEE code, primary
Description
To meet the public’s expectation for quality medicine, regardless of a patient’s ability to pay, Mount Sinai Medical Center Foundation preserves the Mount Sinai’s rich tradition of philanthropy and community support.
Total revenues
$47,747,589
2022
Total expenses
$15,672,927
2022
Total assets
$397,671,758
2022
Num. employees
8
2022

Program areas at Mount Sinai Medical Center Foundation

The Foundation raises funds for Mount Sinai Medical Center, a 501(c)(3) organization, for capital and non-capital purposes.

Grants made by Mount Sinai Medical Center Foundation

GranteeGrant descriptionAmount
Mount Sinai Medical Center (MSMC)General Support$9,839,390

Who funds Mount Sinai Medical Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Miami Jewish Federation$2,479,000
The Allergan FoundationPsychiatric Residency Program$1,608,870
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$712,625
...and 59 more grants received totalling $10,159,594

Personnel at Mount Sinai Medical Center Foundation

NameTitleCompensation
Gino SantorioDirector , President and Chief Executive Officer MSMC$0
Alexander MendezExecutive Vice President and Chief Financial Officer
Michael MilbergChief Development Officer and Director$570,819
Max SklarVice President$256,597
Ethridge DarlenePresident
...and 4 more key personnel

Financials for Mount Sinai Medical Center Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$44,713,516
Program services$0
Investment income and dividends$5,839,817
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,805,744
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$47,747,589

Form 990s for Mount Sinai Medical Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-14990View PDF
2019-122021-03-31990View PDF
2018-122020-01-03990View PDF
...and 9 more Form 990s
Data update history
January 4, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
December 26, 2023
Received grants
Identified 16 new grant, including a grant for $250,000 from Silicon Valley Community Foundation (SVCF)
December 25, 2023
Used new vendors
Identified 1 new vendor, including
September 27, 2023
Received grants
Identified 4 new grant, including a grant for $150,000 from Cole-Crone Family Foundation
Nonprofit Types
Grantmaking organizationsCharities
Issues
Health
Characteristics
JewishReligiousProvides grantsEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
4300 Alton Rd
Miami Beach, FL 33140
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
msmc.com/foundation/ 
Phone
(305) 674-2777
IRS details
EIN
59-1711400
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Mount Sinai Medical Center Foundation has new information, or want to find more organizations like Mount Sinai Medical Center Foundation?

Create free Cause IQ account