Public Charity

The Summit Medical Group Foundation Inc

The Summit Medical Group Foundation Inc is a Public Charity headquartered in NEW PROVIDENCE, NJ. Financial data from the 2024 filing: $1.4M revenue, $964K expenses, $9.6M total assets. 48 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 463355413 NEW PROVIDENCE, NJ Latest filing: 2024
Total Revenue$1.4M
Total Expenses$964K
Total Assets$9.6M
Grant Records48
Funding Total$1.0M
Filing Years2019–2024

Mission

IMPROVE ACCESS TO HEALTHCARE FOR UNDERSERVED INDIVIDUALS IN OUR COMMUNITY AND HELP EDUCATE AND INSPIRE OUR CURRENT AND FUTURE HEALTHCARE LEADERS.

Officers & Directors

PRESIDENT - TRUSTEE Adam F Barrison Md
TRUSTEE Christine Masterson Md
TRUSTEE Christopher Russo Md
TRUSTEE Genghis Niver Md
TREASURER - TRUSTEE Hari Nadiminti Md
TRUSTEE Howard Blaustein Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$390,248 8 grants
GENERAL SUPPORT
$143,145 5 grants
UNRESTRICTED GENERAL SUPPORT
$102,500 7 grants
OPERATIONS
$73,717 2 grants
HEALTH
$71,067 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $964K $9.6M
2023 $7.8M $2.6M $9.2M
2022 $1.7M $2.6M $4.5M
2020 $1.7M $1.5M $4.6M
2019 $3.7M $2.0M $2.8M

Between 2019 and 2024, reported annual revenue declined from $3.7M to $1.4M (-61%), with total assets most recently reported at $9.6M.

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

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