Overview
What is Columbia Presbyterian Medical Center Fund Inc?
Columbia Presbyterian Medical Center Fund Inc, established by Columbia University and Presbyterian Hospital, serves as a joint funding platform for both institutions, which are 501(c)(3) nonprofit organizations. Although the University and the Hospital have ceased most joint fundraising activities, the Fund continues to distribute grants and allocate resources to support their activities. The organization acts as a supportive entity, holding certain assets of the University and the Hospital and managing outstanding bequests. The primary goal of Columbia Presbyterian Medical Center Fund Inc is to benefit both Columbia University and New York Presbyterian Hospital (the successor of Presbyterian Hospital).
Is Columbia Presbyterian Medical Center Fund Inc legitimate?
Columbia Presbyterian Medical Center Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Presbyterian Medical Center Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Columbia Presbyterian Medical Center Fund Inc?
Columbia Presbyterian Medical Center Fund Inc., originally established as a joint fundraising organization for Columbia University and the Presbyterian Hospital (now New York Presbyterian Hospital), was created to support their shared goals. Although it is no longer actively involved in fundraising activities, the organization continues to hold certain assets of the university and the hospital and receives outstanding bequests. The primary objective of Columbia Presbyterian Medical Center Fund Inc. is to utilize all its assets directly for the benefit of Columbia University or New York Presbyterian Hospital. The fund serves as a testament to the ongoing partnership and mutual support between the two institutions.
Who is the CEO of Columbia Presbyterian Medical Center Fund Inc?
Unavailable
What is the revenue of Columbia Presbyterian Medical Center Fund Inc?
Columbia Presbyterian Medical Center Fund Inc's revenue in 2022 was $2,021,773.
Who are the executives of Columbia Presbyterian Medical Center Fund Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $147,700
- Other: $14,132
- Compensation: $0
- Related: $354,647
- Other: $11,327
- Compensation: $0
- Related: $495,569
- Other: $44,166
- Compensation: $0
- Related: $827,000
- Other: $17,788
- Compensation: $0
- Related: $272,115
- Other: $881
Where can I find the form 990 for Columbia Presbyterian Medical Center Fund Inc?
Columbia Presbyterian Medical Center Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Columbia Presbyterian Medical Center Fund Inc
Columbia Presbyterian Medical Center Fund Inc serves as a supporting organization for Columbia University and New York Presbyterian Hospital. Its primary role is to facilitate joint fundraising activities between the university and the hospital. Although it is no longer actively involved in fundraising, the organization continues to hold certain assets belonging to both institutions and receives outstanding bequests. All resources managed by Columbia Presbyterian Medical Center Fund Inc are utilized directly for the benefit of Columbia University or New York Presbyterarian Hospital. This organization plays a crucial role in supporting the mission and objectives of both institutions.
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Impact
October, 2024
Columbia Presbyterian Medical Center Fund Inc. plays a crucial role in supporting the activities of Columbia University and New York Presbyterian Hospital. By managing specific assets and receiving outstanding bequests, the organization ensures that vital resources are allocated effectively to enhance healthcare and educational initiatives.
Although the organization has transitioned away from active fundraising, it remains instrumental in administering grants that directly benefit both the university and the hospital. This continued support helps foster advancements in health research, medical education, and patient care, reinforcing the mission of both institutions to provide high-quality health services and innovative education. The fund's efforts ultimately contribute to the betterment of community health outcomes and the advancement of medical knowledge.
This information is meant to be a general summary of Columbia Presbyterian Medical Center Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,021,709
- Gross Receipts: $2,384,890
Assets and Liabilities:
- Total Assets: $23,353,126
- Total Liabilities: $30,969
- Net Assets: $23,322,157
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Organization Details
Founding Year
1960
Phone
(212) 851-7348Main Address
Columbia Univ 615 W 131 St MC 8741, New York, NY, 100277922
NTEE Category
Code: E120 - Health
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