Public Charity

VIRTUA HEALTH FOUNDATION INC

Based in MARLTON, NJ, VIRTUA HEALTH FOUNDATION INC operates as a Public Charity. The organization reported $7.2M in revenue, $12.5M in expenses, $118.1M in total assets for fiscal year 2024. Imperigo tracks 77 reported grant relationships connected to this organization totaling approximately $3.7M.

EIN: 043722352 MARLTON, NJ Single Organization Support NTEE: E11 Latest filing: 2024
Total Revenue$7.2M
Total Expenses$12.5M
Total Assets$118.1M
Grant Records77
Funding Total$3.7M
Filing Years2019–2024

Mission

SEE SCHEDULE O

Where $100 goes at Virtua Health Foundation Inc

How Virtua Health Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$6 Management running the organization
$7 Fundraising raising the next dollar

Inside the $87 for programs

$38
Virtua foundation endowment gift to rowan university to establish a new academic health system to promote and enhance clinical education, research, and clinical activities
44% of program spending
$32
Virtua foundation solicited funds on behalf of virtua health, inc., A related entity
37% of program spending
$12
Virtua medical group (solicited funds)expense of $2,555grant of $2,555virtua lourdes camdenexpense of $362,277grant of $362,277virtua willingboroexpense of $395grant of $395virtua west jerseyexpense of $194,629grant of $194,629continuing medical educationexpense…
14% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Althea Pennock
TRUSTEE/PHYSICIAN Anthony G Sauerwein Md
TRUSTEE Brenda O'brien
TRUSTEE Brian Lynn Cfp
TRUSTEE Celeste Canuso
TRUSTEE Christopher Poyatt

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,388,224 43 grants
Health & Medicine
$801,750 17 grants
International Aid & Development
$175,553 4 grants
Education
$165,000 2 grants
Food Assistance & Nutrition
$36,205 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.2M $12.5M $118.1M
2023 $8.8M $13.0M $109.2M
2022 $14.6M $33.0M $97.4M
2020 $9.4M $7.8M $101.6M
2019 $9.5M $5.5M $91.4M

Between 2019 and 2024, reported annual revenue declined from $9.5M to $7.2M (-24%), with total assets most recently reported at $118.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VIRTUA HEALTH FOUNDATION INC

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